7 Most Effective Tips to Monetize a Blog
Blogging can be both a hobby and a source of income. At first, it will become a source of additional income, and in the future, if you are able to grow traffic to your blog, it can even become the main source of your income.
One of the most difficult parts of monetizing a blog is growing the number of daily visitors, though only a proper promotional strategy will help you increase these numbers. Also, it is important to come up with more than just a few ways to generate profits from your blog.
Therefore in today’s article, we will share some tips and tricks that will help you find more ways to monetize your blog.
Tip #1: Sell Your Own Merchandise
If you already have a proper number of daily readers, you can release your own merchandise in order to make some extra money. If this sounds like a big investment that may not pay off, we ensure it will be a successful experiment if you produce the merchandise via a print-on-demand platform.
The first best thing about a print on demand platform is that you do not need to foresee how many items you will need, order them in large quantities, or pay upfront for those large quantities. The second best thing is that the production and delivery are up to the POD platform. The number of orders Printify stores have received has tripled in June 2020. The numbers indicate that Printify is one of the best choices for your print-on-demand needs as far as orders go.
Tip #2: Offer Online Courses
Depending on your blog’s main concept, you can create an online course and promote it on your blog, or you could start teaching online. Building a course will take some time at first, but it will become a form of passive income afterward.
On the other hand, if your readers appreciate you as a personality and follow you on social media, being able to talk to you online might be a bonus point for them, but in a longer time, teaching online will take more of your time.
Tip #3: Accept Guest Posts
If your blog has good ratings and generates great traffic, many link builders might be interested in publishing guest posts on your website. You can either choose to write an article yourself and add their links or accept an article that is already written by them.
However, when accepting guest posts, be selective about what you publish. You need to make sure that the link builders provide unique quality content and that it matches the concept of your blog. Publishing random content for money will lead to decreased traffic, and no one wants to publish guest posts on your blog anymore.
Tip #4: Do Freelance Blogging in Addition
If you are an experienced blogger and have been writing your blog for years now, you can do freelance blogging. More to it, if you have been creating and publishing quality content on your blog through the years and have generated great numbers of traffic, the link to your blog will work better than any portfolio.
To find projects that need freelance bloggers, make sure to check out freelancer websites such as Fiverr and Upwork. Also, you can find projects to work on in Facebook freelancer groups, local or worldwide.
Tip #5: Write Sponsored Reviews
Depending on the main topic of your blog, you can offer paid product or service reviews. For example, if you are a beauty blogger, you can review various kinds of decorative cosmetics brand products.
On the other hand, if you run a blog that publishes content on such topics as marketing or SEO, there will be fewer products or services for you to review. However, you can share your opinion about specific online courses or online tools.
Tip #6: Use AdSense
Adding Google AdSense to your website will help you grow your business revenue by showing related ads on your website, which means that each website visitor will see different ads on your website, depending on their geographical location, interests, age, gender, and so on.
Tip #7: Add Your Own Ad Banners
If you want full control of what kind of ads are shown on your blog, you can add stationery banners to your website and offer payment packages for the brands that want to advertise on your website.
If you choose the ads well and make them relative to your blog, your readers will find it rather beneficial than annoying. For example, if you are promoting a new social media marketing online course with a discount code, your readers will appreciate it because it’s not only informative but also beneficial.
