There are lots of ways you can make money from blogging. The ways listed below are just a few. Your reach and readership are the major determinations to how much you can make, as your window of opportunity is endless when you and your blog becomes very popular.
Google AdSense is the most popular way of creating income through blogging. Google AdSense is the ad network powered by Google and it is probably the most popular ad network in the world. Most of the ads you come across when you surf the web are placed on the website/blogs by Google AdSense. Google AdSense ads come in various shapes and forms; some can be images and others text. They are placed in headers, footers or within posts, and anywhere else the blog owner chooses to display them. AdSense is a good place to explore for beginning bloggers in their quest to create income because it’s easy to set up. Advertisers pay money for clicks on their ads displayed on your blog. The key here to reaping lots of benefit from Google AdSense is to create good content and drive as much traffic as you can to your blog. That way, as many people get to visit your blog, the likelihood of them clicking on the ads increases.
Sponsored Posts: this is one of the most potent ways you can make money from your blog under advertising. A sponsored post is a blog post that you are asked to make by a company or organization that is trying to reach readers of your blog. In this type of post, you have most likely been commissioned to write about a service or product. You are expected to show the service or product in a good light so as to encourage your blog readers to consider patronizing the company or organization. It is a good practice to be upfront and clear to your readers on your relationship with the company. It helps to maintain your integrity. Note: Keep sponsored posts to a minimum as it can be offensive to some readers.
Private ads are unique ads that are not routed through Ad networks. They are a direct partnership between you, the blogger, and the business advertising on your blog. Initial contact can be made by the blogger or by the advertiser. Be clear on what’s expected by both parties. Not sure what to charge? Look around to see what others in your niche charge. You can often find this information on a blog’s advertising page or media kit. Not sure of how to get adverts? There are ways to reach out to your target companies and one of those ways is to visit similar blogs in your niche and see what’s being advertised there, contact those companies and who knows, you may just have a check in the mail.
The job of an affiliate marketer is to promote someone else’s product or service in a blog post or elsewhere. When you create links on your post to that product or service using your unique affiliate link/code, you get paid a commission when someone clicks on that link and makes a purchase (or completes a desired action set by the company). Affiliate marketing is quite popular for bloggers and it is one sure way to make lots of money from blogging. For instance, if your niche is sports, you can set up affiliate accounts on the various online sports betting websites and create affiliate links to those websites in your blog post.
Sell a product: This is one sure way to make big money from blogging. The easiest way to monetize your blog is to sell a product or service. Like I explained in the introduction, whatever your niche, find a product or service to sell to your visitors. Your blog is already a potent advertising platform, so make great use of it. There are basically two types of product you can sell on your blog; physical products and digital products.
Physical Products: Platforms like Shopify and Woo Commerce have made it cheaper than ever for anyone to create an online store to sell physical products online. Selling physical products online may be a bit difficult due to the various logistics involved but you can find companies offering white label or drop shipping services, leaving you to worry only about driving traffic and creating quality content.
If you can’t deal with the challenge of selling physical products, you can opt for selling digital products; how-to videos, recipes, hacks, training courses, or even software, all of which can be delivered electronically.
How to Setup Your Blog
If convinced about the prospects of blogging and you would like to give it a shot, let’s go create a blog. First off, before building your blog, you have to decide on the name and niche you would like to blog about. The trick about this is to first find your passion – this is necessary for sustainability, you want to blog about something you know too well and can keep posting updates or new trends. Once that is cleared off, you pick a name; make it catchy, easy to pronounce and it must be available for domain registration.
The next point is to install Word Press, design your theme and layout. Most web hosting companies, offer pre-set themes and layouts on Word Press for bloggers. If you have no knowledge of website design, I would suggest you make use of hosting sites that offer a “one click” Word Press setup for you.
Platforms like Wix and Bluehost have such facility. Install plugins to allow for sharing of your post. This allows readers to share your blog post on major social media platforms like Facebook and twitter. It gives you more visibility and would help drive traffic to your blog. Finally, create great content. Compelling content will keep blog visitor and will encourage inviting and sharing of your post, which drives traffic to your blog! Make sure you write and publish regularly, make great use of your network to promote your blog and who knows, you may just be on your way to becoming the next Mashable or TechCrunch.
I would advise you check out Forbes list of the world top 10 richest bloggers for some inspiration and wisdom.
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