30 Ways To Monetize Your Blog & Make Money Blogging!

 30 Ways To Monetize Your Blog & Make Money Blogging

The following list is a collection of many of the different ways of making money with your website. Depending on what your website is about, a large number of these techniques can be implemented to earn you cash. But don’t get disheartened if one method doesn’t work for you just try a different one and build upon that!

I hope this list helps you to see the variety of ways that you can begin to earn money online.

1. Pay Per Click Advertising

You can probably guess from the name how you monetize your blog from this method. You get paid for every click a visitor makes on these ads. You sign up to a provider and they give you a code for you to place on your site. The provider will then send contextual ads to your site (either image or text based) that are relevant to the content of your website. Google AdSense is the most widely used provider of this service, but there are many others out there.
Pay Per Click (PPC) ads vary in profitability depending on the amount of traffic your website gets. Only a small percentage of people will click on these ads, so to earn a lot of money from them you will need a lot of traffic.

The click-through rate (CTR) of your visitors depends on the design of your website. Certain parts of your website pages are more valuable than others, so to increase your CTR these PPC ads can be placed there. For example, space at the beginning and end of articles/blog posts are highly visible, so by putting a PPC in these positions may increase the chances of someone clicking on one. If on the other hand you place these ads at the bottom of the page where nobody can see them, then nobody will click on them.

The cost per click (CPC) can also determine how much you are likely to earn from this type of ad. Adverts that display financial products or mortgages will generate you more income due to the higher price of the actual product, compared with perhaps children’s toys. The former may pay you as much as $1+ for every click through by one of your visitors, whereas a click on toys may pay you only a few cents.

Which ads shows up on your site is dependant on the content of your website. After all, it would be daft showing financial products on a website that talks about children’s toys and vice versa.
PPC ads are a good way to easily monetize your blog. However, to make serious money from them you will need lots of traffic.

You can find PPC adverts for your website at these popular sites:

2. Text Link Ads

This type of advertising allows you to place text based ads within the text of your articles. For example, if you are writing an article about a certain software, you can place text-link ads within your posts that would refer your viewers to that particular product.

You can’t just link to anything though, you need to sign up to that specific product affiliate advertising scheme (see ‘10. Affiliate Marketing‘ below) or you can sign up to a specialised provider who will automate the service.

Text-Link-Ads are quite good as it offers a non-intrusive way to monetize your blog that won’t put off your readers.

3. Advertising Space

You can monetize your blog by selling space on your website for advertisers to display a banner. This can be a very lucrative method as it allows you to cut out the middleman and charge what you want for other people to advertise on your site.

Generally these deals are worked out so that you display an ad for a fixed amount of time for an agreed fee with the advertiser. The downside of this method is that you need to commit time to manage the whole process with the advertiser and that your site needs to have a lot of traffic to be considered by advertisers.

As you can see, I offer advertising space on my website in numerous different forms of banner ads that appear on all of my pages.

4. Affiliate Marketing

If done right this, method is a great way to monetize your blog. Many of the previous methods can be used as affiliate marketing methods, but often a review of a product can work just as well.

For example, if you have a gardening website you could research affiliate programs that contain products related to gardening. Perhaps someone wants people to advertise their new lawnmower product, you could write a blog entry ‘What’s the best lawnmower for my garden?’ and at the end you could promote the affiliate product.

With this type of advertising, you can get a commission with every sale that resulted from your recommendation. You refer viewers from your site via recommendations, banner ads, text link ads, etc., which takes them to the product page. If they buy, then you get a commission. This is often worked out on a percentage of the sale price, maybe 10-20%, sometimes more (I’ve seen products offer 75% commission) depending on the individual product.

Check out these great websites that have links to loads of affiliates:
  

 5. Selling Services (Hire Me)

This is often the reason why many people start a website in the first place. You might have a profession in the real world, such as a stock trader, architect, life coach, etc. You could build a website advertising your services to increase your client numbers. Visitors can pay for your professional services through your website and receive your help, as in the previous example this could mean full financial planning and strategies on stock trading.

Obviously, with this method you only get paid when you are working.

A great way to find clients is to have your own ‘Hire Me’ page on your website.  That way, people can see that they can hire you to help them out.

6. Sell Your Custom Template or Theme

If you have spent time making your OWN custom template or theme, then you can consider selling it. An increasing amount of people are making their own website, therefore there is a demand for more templates that people can use.

The amount of money that you can make from this method depends on your website skills. A high quality template can be sold for as much as $100+ but that is the top of the range themes. If you have a skill for making these then you could build a small business around making and selling them.

This website runs on a theme that was purchased. The professional themes at WooThemes is a great place to buy high quality templates.

There are loads of sites that make money selling themes:

Feel free to add yours.

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