Blogging is not new to this world. It has been since the 1990s. Till 2007 it was seen as a personal blog, and monetization wasn’t a thing then.
Fast forward in 2020, some bloggers make more than a Million Dollars. It all depends on Patience and Dedication.
Monetization is not easy, it might take A Month or a Year. There is no shortcut to making money “Fast”.
If you want to make money Fast you’re not in the right place. I’m not going to tell you how to make $1000 in Month.
But I’m going to tell you how you can make more than that in One month within 12 Months.
Reminder: This needs Dedication and Patience.
Before we dive into the different ways of making Monitozing you’re blog, I hope you are aware of all the process and steps that we followed till here. If not check my How to start a blog and follow the steps till here.
Do you want the Blog to be a Passive income Source? Or the Active income source?
My suggestion is if you are a starter then choose it as a passive income, and then if you really fit in then convert it into the mainstream of income source.
Blogging is the best way to make money while sleeping.
1. Monetization is your priority?
Before thinking about Making Money with Blogging, ask these question to you’re self.
- Why do I want to make money?
- Is Blogging the right way to make money?
- Does My audience really get what they want?
- Am I delivering to my fullest efficiency?
If you answer all the questions, then ask this final question. Monetization is my priority? If it is Yes. And that is what I’m thinking about. Then you, you’re self answer the grueling question and you have the answer with you.
Let’s see what are the different ways to make money
2. Banner ads
The banner is one of the simplest ways to make money. you simply have to go to Google AdSense account and sign up. Follow the steps, and you’re done.
If you have consistent traffic and, if any of the readers click on the banner you get paid. The price per click may vary from place to place and product to product.
This is the simple image of what the banner ad looks like.
Banner ads are the oldest and easy way to make money. But the only problem is you need to have a good and consistent amount of traffic to your blog.
3. Affiliate marketing
“Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others, and earn a piece of the profit for each sale that you make.”
Affiliate marketing is the best way to make good money on Blogs. In 2020 Affiliate is the go-to place for many bloggers to make money.
But you need to provide valuable content to you’re the audience, and motivate them in such a way that they will but that product or the service.
Most of the bloggers start with Amazon Affiliate program.
For every sale that you made with the affiliate link, you’ll make a commission out of it. Many modern bloggers opt for affiliate marketing rather than Banner ads.
4. Paid Sponsored Post
Paid Sponsored Post is not a new thing. It is there for a long time.
Paid Sponsored post means, you as a writer of a community/Niche will be hired by some other blogger to write a Sponsored post on their Blog.
For every post you write on other bloggers, you’ll be paid based on the agreement.
The sponsor can hire you from freelancing websites or they can directly approach you.
Some well-established writers can charge any were from 80 to 100 Dollars per hour, that is for every word that they wite costs around 50 to 90 Cents.
(Image source: Webfx)
For Starters, this is the best way to know others in the field and make money out of it. However, you need to have in-depth knowledge about what you want to write.
5. Create co-branding
Co-Branding is another best way, to get paid a good sum of money. If you’re a well established Blogger in the field, then you have a higher chance of becoming co-brander for another blogger or a company/product.
Reaching hight in the field of blogging is easy, but it takes time and dedication. Once you’re on the top you can do whatever you want.
The best example of co-branding is Dell and Intel.
(Image source: Marketing91)
You might be using This right now. IF you look into the Dell website you’ll see intel too.
Because they both do Co-Branding.
It is a Win-Win situation for both.
But be care full while choosing a Co-Branding Partner.
6. Sell stuff (yours, Others)
Selling Stuff like Online courses, Material, or Products, It may be you’res or others.
This process might take some time in the beginning, but it is the best way when comparing to Affiliate marketing.
(Image source: Bloggingwizard)
For starters, many bloggers not only me would recommend is to have good content on the blog and then, opt towards other bloggers, in the niche promote or sell their products.
7. Create a Book or online course
If you like to write books then you can make another stream of income out of your blog.
Simply you can publish a book on the Amazon for a higher price, and publish the same book on you’re website at discount.
Convert your readers to buy your book with additional discounts and offers.
If there is good traction to your blog than they are most likely to but the book. and they can promote for free, in that niche.
yes! this might take time to build a book or the courses, but its worth will be determined later.
(Image source: Bookbaby)
This way you can diversify your blog too.
If your blog doesn’t make money through ads, you can make money with Books and Courses, that you have on the blog.
“Don’t put all your eggs on one basket” Is one of the famous quotes that we always here when we’re studying. rite.
Here is why, If you own a successful blog and you’re making money in different ways.
One way is Ads,
The second way, Affiliate marketing
The third way is the Online stores.
In 2020 COVID hit all the countries Hard, and all most all are staying at home.
You may not make any money on Ads this times. But if you can sell Online courses and Books online then you can have another stream of income. rite.
(Image source: markarmstrongillustration)
If you’re able to well established, then focus on diversification. This way you can have multiple streams of income.
Even if one stream dries up the other will help you.
9. Note down every penny that you spend and earn
Get rich slowly is the best Article out there which emphasizes tracking every penny that you spend.
We have been looking on the internet, rite, how milliners lose everything overnight and become homeless.
Making money and Tracking money are two important steps for financial freedom.
I know is it not an easy and one day task, so divided the money accordingly, for the rest of the month, and try not to cross that limit.
(Image source: Moneyunder30)
Noting down all the expenses at the end of the day is a one-minute job, with this you can be financially independent very quickly.
10. Are you Happy?
Are you happy with the blog that you’re working so hard?
If the answer is “YES”, then stick to it at any cost. Don’t Look at the monetary benefits on other bloggers on other niches.
If your happy about what you’re doing right now, which gives you both the financially independent and mental relief, then don’t look back.
Making money Blogging is the best thing that I ever came across on the internet. With you’re interest and passion you can make money.
This is not a day job, this might take a few days even months. But if you’re good at what you’re doing then you can make a good amount of money.
Among all the ways, making money with affiliate links is the best and fast way. But for this, you need to have a good audience base, who regularly follows you.
Promoting Online about your products like services, Courses, and Books is also another best way to make money.
So what are you waiting for?
“Let’s Make Money Blogging”
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