5 Ways Your Blog Can Help You Make Money

By Tom Jager: 

Many people do not think of blogging as a serious profession. To be even more exact, they think it is a joke or something teenagers who are obsessed with beauty products do.

According to these people, blogging is nothing more than an interest, a hobby, a diversion, or an expensive addiction. It is not a career at all let alone a career that brings money. Clearly, no one will make a difference by writing a blog.

Every time that someone says that blogging is not a profession that brings money show them this list of the top 30 blogs that make some impressive profits.

Regardless of the size of a business, a blog can be a valuable contributor to its success because it is a platform where the company can engage with potential customers and have a conversation that can be used later to turn them into leads. This is a truth that any blogger knows: much of the money they make does not come from blogging.

They come from turning the blogs into springboards to launch products and services. Not just beauty products and iPhones, as many people think. I personally know a friend who worked part-time at a professional writing service and decided to start a blog about writing in her free time to increase personal income.

It is absolutely possible to make more money by engaging in this field. How? Let me walk you through.

Here are ways you can make more money with a blog:

CPM Advertising

This method applies to websites with lots of visitors. The advertisers are willing to pay the owners for the impression received on an advertisement with the impression being a single example of the ad appearing on the website. These ads are generally placed in prominent places to be visible and aim to attract the attention of the visitors. Sounds interesting? Here is the list of CPM advertising networks for bloggers.

Pay Per Click

This is a better option for small businesses because of how easy it is. The simplest example of pay per click advertising are those little boxes at the top and on the right side when you browse websites. People pay money for those boxes to be shown and Google keeps working to provide a personalised experience for you. Google AdWords and Facebook Ads are among the main players in that field. They can be very lucrative for your blog, so use them if you have a chance.

Advertising Banners

This is considered to be the most popular method of promotion on blogs. It takes a little bit of time to set up but once it is done, the blog will be turned into a revenue stream regardless of its size. According to Matthew Woodward, a well-known blogger from the UK, around five 125×125 banners in the sidebar can help to make between $150 and $600 (approximately ₹10,000 – 50,000) per month. Nice extra income, right? As you continue to increase the volume of traffic that comes through your blog, the earning potential of advertising banners increases dramatically.

Affiliate Sales

Another great option to earn good money with a blog: selling on commission. You can partner with someone who wishes to promote their products on your blog and start earning! The commissions from affiliate marketing can range from several dollars to hundreds of dollars per referral, and the commission percentages range from a few percent to eighty percent. The method, therefore, can be used by various blogs to earn some serious income. Sounds interesting? Check out this blueprint for making the first sale as an affiliate marketer from ClickBank.

Sale

Do not forget this option as well because it can provide you with some real cash. Many bloggers sell their websites or blogs for amounts you would not believe. Given that blogging has become a mainstream marketing method, entrepreneurs are willing to pay thousands and even millions of dollars for them (check this list of the most expensive blogs ever sold).

Ready to start a blog? Here's what you need to do.

First and foremost, you need to start a blog if you do not have one. You should be interested in the things that you are write about, to be successful. Otherwise, it will look like just another blog made solely for to make money. Write about problems in the society that make a difference for people and help them find solutions (here are some great ideas from Fizzle). Be passionate about your blog because thousands of bloggers before you failed miserably because they didn't care about the visitors. Websites like BlogStarter have all instructions for you to get started, so do not waste your time! The more time you spend hesitating whether you need to create a blog, the more money you lose!

Source: 5 Ways Your Blog Can Help You Make Money