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:
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:
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 adspace. The price of adspace 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.
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.