How to Monetize a Blog?

Many people have blogs and websites but most of them don’t know how to monetize or earn money from them. You can actually make hundreds if not thousands dollars per year with blogging. Of course, at the beginning it will be difficult and you would be happy if you earn enough to cover the domain and hosting costs. When you move on, your experiences and knowledge will improve as well as the income.

In this post, I will cover the basic ways how to earn money with blogs that are also easy for beginners.

1) Google Adsense

Google Adsense is the most popular way to earn money with your personal blog/website. You must have seen or heard that many websites have similar ads all over the place:

googleadsense

In order to place those ads to your site, you need to sign up to Google Adsense. After you have submitted your application, your website will be reviewed and after few days you will be able to use Google Ads.

If someone clicks on your ad = you will earn money. It can either be from few cents to few dollars, depending on your blog and advertisers who use Adsense. Once you have earned over $100, your money will be transferred to your bank account. As an alternative, you are able to receive checks as well.

2) Affiliate Networks

Another way to make money using your traffic is Affiliate Networks. In short, many companies offer blog owners to sell their products. If your visitor buys their product through your link that is placed on your site, you will receive commission.

Commission ranges from 5% to 75% of the product’s sales price. For example, if you are selling a book that costs $40 and the commission is 50%, you will get a sweet $20 just for promoting it. Good, isn’t it? Another $20 goes to the product owner. Those products can be books, services, physical items and so on… One of the most famous affiliate network is Commission Junction.

3) Amazon Affiliate

If you haven’t used Amazon to buy things, you have probably heard about it. Amazon is the second largest “online store” besides eBay. If you have a website, you have the possibility to sign up as an Amazon partner.

Once you have signed up and your application has been accepted, you can start putting those “Ads” on your website:

amazon

The system is a no-brainer. If someone clicks on your links and buys (any) product from Amazon, you will receive commission that can rage from 4% to 10%. You might think that it’s ridiculously low, but what if someone buys a laptop or a pro camera through your link.

Furthermore, some of the buyers don’t buy only one thing. For example, if they are planning to buy a snowboard, they will most likely want to buy some additional gear as well (helmet, boots etc.)

4) Selling Ad Space

If you don’t want to monetize your blog using Adsense or affiliate programs, you can also try selling ad space. The price of  ad space can differ a lot. It depends of quality of your blog, the age of your visitors, the amount of your visitors and many other aspects. It can either be $10 per day or $200 per month. Keep in mind that you can always sell adspace to different website/business owners. On of the best marketplaces for that is BuySellAds.

5) Sell Your Own Product

Sometimes it’s smarter to sell your own product. If you don’t have one, you can produce it. It can be a book, software or just some coaching lessons. Think about your passions and something you are good at. You will be amazed how many people would be interested in it.

Let’s say you like to cook and you have implemented some new recipes that no-one is using. You want to share it with other people and earn money at the same time. Open Word and write down all the recipes you think other people will like and illustrate them with pictures. Now save it as .PDF and sell it on your blog. Sounds like a plan?

Additionally, here are some alternative ways to monetize blogs. These methods don’t have that big income potential unless your blog has not hundreds of thousands of followers or very big mission.

6) Get leads to your own business

Do you have a business? Do you provide some sort of service? Great, the content and blog posts on your blog can bring you more customers. If they like what you write, they will most likely feel motivated to do some business with you. For example, my cousin has a Chiropractic business near LA. So far, she has managed to get hundreds of new customers via her blog. If she can do it, I bet you can do that too.

Last, but not least…

Set Up a Donation Widget

You’ve probably seen donation widgets or websites where you can donate money to support the people behind it. There are several different plugins for that, but in my opinion PayPal Donations is the best one for that. Why? PayPal is the most universal money transfer that many people have. Some widgets use credit card payments but these have significantly lower conversion rates. People are afraid of credit card frauds, so I suggest to use other methods.

Build Jobs Boards

If you have a niche blog that can be connected with any industry where people look for new jobs then it may be a smart move to set up a job board. When your blog is about engineering or graphic design or something similar, get in touch with companies who are looking for new employees in your niche. They are ready to pay you when you publish their job offers.

The #1 requirement is to have strong community or relevant traffic. For example my Photoshop Tips blog got about $150 per month for publishing job offers from 3 different companies. It’s a good way to monetize your blog but unfortunately this business model does not fit to 90% of blogs. Otherwise it’s a great way to earn some extra money because most people don’t use that technique.

If you wish to learn more about adding a “Job boards” section to your WordPress blog then click here.

If you have any ideas about the topic or ways to earn money through blogging, feel free to leave a comment below.

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Comments

  1. Some nice ideas Mike
    For me affiliate marketing has given the best results.
    Now I am traveling the world promoting just one product that really works..

    • Hi David,

      Thanks for the comment. Which other monetization methods/strategies have you tried?

      Wishing all the best for your traveling experiences.
      Mike

  2. Vishal Landge says:

    Hey Mike, I was thinking from a long time to start blogging. The ideas you provided are very informative & helpful not only to me, but also to those budding Bloggers, who are ready to take a plunge in this blogging world.

  3. Hey! Mike im so excited to read through all the information provided. I have been longing to be a blogger. I will still need more information.

  4. Your ideas are fabulous, really. Blogging is something that has been on my mind for long. But I still need some information. Thank you.

  5. hello mike… I really appreciate your ideals, they are nice. I’ll PM you to help me with more tips on how to start blogging. Thank you

  6. Hi Mike, thank you so much for all these useful information…. recently i have been wanting to blog but didn’t know how to begin.

  7. This is just great and very enlightening, i will need to start blogging. Thanks Mike

  8. I have always needed my own blog mike…i need more information from you. Am so greatful for the hint so far….regards

  9. Sebastian says:

    Thanks Mike for your valuable information. I still need someone to support me. I’m in need of your help. What’s your email?

  10. Hi Mike!

    You have so much wonderful information and has really motivated me to pursue my long waited goal of starting a blog. I feel a little unsure still, so any additional tips on getting started and what to write (I know what I want to make my blog about, just unsure what to say to keep interest really) would be really appreciated!

  11. Am highly empowered by your post. But i think i need more help on how to change subdomain to self hosted sure you’ll help

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