The aim of most bloggers is to make money from their blogs and this goal can be achieve by using different monetization methods and techniques.
To be candid, blog monetization can sometimes be overwhelming due to the existence of vast ways by which you can make money from a blog. It can be a bit confusing on what monetization method to use and which not to use.
There have been instances of bloggers asking me which “blog monetization method works best” and my answer have always been the same “they all work, but they depend on you and your blog” and this is just the basic truth.
All blog monetization method works well, but how well they will work for you will depend on how well you implement them & the type of audience your blog have. If you want to really make money blogging, you need to know your audience, their needs & what interest them and then apply this to your decision when choosing a way to make money from your blog.
That been said, in this post, I will be sharing with you 5 guaranteed ways of making money from your blog; these are the methods that I have found to be working well over the years.
These methods are all guaranteed ways of making money from a blog, so if you are looking for ways to convert your blog traffic to money, then you will surely find this post helpful.
# 1. Contextual Advertising
Contextual advertising is one of the most popular ways by which bloggers make money from their blogs. Contextual advertising involves you joining various Ad networks and serving ads from these networks on your blog.
Some of the popular contextual ad networks are: Google Adsense, Media.net, Infolinks, AdDynamo and so on.
I know you might have heard about this method of making money via Ad Networks and to be honest with you, you can actually make a decent income from your blog via contextual Advertising.
I used to be a big fan of Ad networks (am still a fan, but not a big fan anymore ) but am no longer really interested in contextual advertising. You may be wondering why the loss of interest, the answer is quite simple; you need a stable and large amount of traffic if you really want to make good income from contextual ad networks.
All the same they are good and this blog monetization method works well especially if you are a beginner blogger. If you are looking for an easy way to make money from your blog, then I will gladly recommend contextual advertising for you.
# 2. Direct Ad Sales
A direct Ad sale is also another common blog monetization method among bloggers. It involves you creating some ad spaces on your blog (usually sidebars and headers) and offers them to advertisers at a monthly or yearly rate.
This blog monetization way is quite profitable and you can earn some good amount of money from your blog by using this method.
However, before your blog can attract advertisers that will be willing to pay you a decent amount for advert space, you will need to have a blog with a decent amount of traffic and page views on the high side.
If you need to opt for this monetization method, you will need to work on your blog traffic and ranking and also set reasonable prices for your Ads spaces.
Tip: I will recommend the use of Cranky Ads for starters; this direct ad sales network can be of help to you. Visit Cranky ads.
#3. Affiliate Marketing
Affiliate marketing is kind of popular among bloggers and its one of my favorite ways of making money from a blog.
Affiliate marketing involves signing up as an affiliate of products and service and earning a commission each time you make sales or refer people to the affiliated product or service.
There is no limit to the amount of money you can make via affiliate marketing, your commissions or earning is only limited by your marketing and promotion skills.
There are lots of bloggers making 4-figures to 5-figures from affiliate marketing and you too can achieve such feat with proper and smart marketing strategies.
Another tip for making good income from affiliate marketing is by building a responsive email list. If you have a list of responsive subscribers (the type that buys), you can easily broadcast a recommendation of a product or service that you have found helpful to them and earn a commission if they also purchase such product or service.
I will gladly recommend affiliate marketing as a monetization method to any blogger because it works well irrespective of your niche or traffic level.
# 4. Product Creation
Product Creation is another profitable way to make money from your blog. Product creation is all about looking for needs and problems in your niche and creating a product that solves that need or problem.
When am talking about product creation, don’t just think about eBooks alone, this is just too common! Think of something much better, there are lots of products types that can be created such as: Plugins, Software, Scripts, Applications, Video Tutorials, Online courses and so on.
An example of someone using this technique to make money from his blog is my good Friend Enstine Muki of emfastincome.com. He created a blog monetization plugin called CashDonator, as a result of the need by lots of bloggers to make more money from their blog in a more flexible way. Get CashDonator
There are numerous products that you can create in your niche, just look for a need and fill it. Take a critical look at your niche, detect problems and provide a solution to them; it can be a plugin, software or a service.
You will be amazed at how much money you will be making from this technique.
# 5. Freelancing / Offering a Service
Freelancing is one blog monetization technique that I so so love! This money making way swallows up almost all other means of making money via a blog.
Freelancing involves you offering of services of what you know you are good at doing to people. Freelancing and offering of services to other bloggers and companies have been earning me around $1,000 monthly.
If you are good at writing (like me), you can start offering freelance and ghost writing services to people. If you are good at design/Photoshop, why not start offering design services to people and companies online and you will be amazed at how much money you will be making.
Our blog is not just for publishing content or sharing our ideas, it is also a great tool foe marketing ourselves to the world and this can be done by setting up a HIRE ME page.
Having a hire me page on your blog is very very very important if you want to make money from freelancing, having a hire me page creates awareness for visitors, and this tells them that you have some service to offer them.
You can check out the “Hire Me” page that I have on this blog and you can see it on my other blogs. This page has been bringing me job offers with excellent pay I mean real good pay!
Setting up a hire me page is quite simple, you can visit mine via the link at the top for an overview of how it looks. So stop losing money today, go set up a hire me page NOW!
So far, I have shared with you my Top 5 ways of making money with your blog which you can start implementing right now. I hope this post will be of help to you.
Don’t just read this post, rather read and spring into action & start making some cash from your blog.
I love comments a lot, so kindly leave a comment about your thought about blog monetization and also share your monetization strategies with us!