The dilemma that most people face when it comes to blogging is on ways to make money online. This question does not have a straightforward answer since there are several things to consider.
In order to generate income online from your blog you need to look at several factors: this include;
- The age of your blog
- The size of your blog as in relation to the number of articles posted
- Your niche
- Your target audience preferences
- What you want to achieve from your blog
The one thing you need to know is that you can make money from any kind of niche blog. What differentiates one blog from another when it comes to making money blogging is very little.
In order to succeed in the monetization of your blog you need to know how to arrange your blog, pick the right products and most importantly generate quality content.
On this blog post we are going to discuss several ways of online money making that top bloggers use today. These are the same techniques on how to make money online that will remain hot even going into the future.
It is good to note that to succeed in blogging you need to be patient. Just because the strategy you are using is not working does not mean you have failed. In some instances, it may take awhile before you begin seeing any results.
Therefore, do not be quick to toss in the towel. Give it your all and with time you will surely reap the benefits of blogging for money. In business you have to be patient before you see great results.
Now let us get straight into business and see some sure ways of making money online through blogging:
Create an eBook: Blogging can be a good place to start if you are a writer. With a blog you can get the mood of people in your niche.
A blog will help you to know what people like and what they don’t like. This can go a long way in making sure you create an eBook that captures the needs of your target audience.
Apart from generating revenue selling your eBook on your blog, you can use the opportunity to launch your own product since readers will be expecting more from you.
An eBook makes people consider you as an expert in your niche thus creating a chance for you to brand yourself. This in the long run increases your web presence and as you all know more traffic leads to more cash.
Create Online Tutorials: The internet is the home of information and a tutorial is a perfect tactic of creating content.
People love content that has instruction on how to do something. For example, if you are in the online marketing niche, you can write a tutorial that explains in details the steps to follow in order to succeed in SEO.
Selling such a tutorial on your blog will give you a lot of mileage the same as creating an eBook.
For Tutorial and eBook creation to work, you need to make sure your content is of high quality and get your facts right.
Membership Site: Over the years this has been one of the best ways to make money on the internet.
The secret is to offer free quality content that will attract visitors. Once you lure readers to your site you can then tell them to subscribe for premium content.
The reason that people love making money through membership site is the element of recurring income. With 500 people subscribed to your blog content you can be assured steady income each month.
For you to create a successful membership site you need to advertise strategically. One of the best ways to promote the site is to publish a blog post on how to become a member and the benefits of becoming a paid subscriber.
It is also advisable to use email marketing to promote a membership site. On every blog post you publish include a sign up form that helps you capture your free readers email contacts.
From there you can periodically be sending them details about the benefits of becoming a paid member. Again, for this to work you need to write quality content on a regular basis. You also need to be an authority in your niche.
Write Reviews: This works best for affiliate marketers. Furthermore, it is a strategy of generating quality blog content.
All you need to do is to pick hot products that are being launched in your niche and write reviews about them. In the review you can then include affiliate links thus make sales.
It is advisable that you gather real facts when writing product reviews and the way to do that is to use the product first. Yes, it will cost you money to buy the products but with first hand information it will be easy to sell thus get Return on Investment ROI.
With time as affiliate marketing companies notice the sales you are making, will begin to pay you to write reviews and also give you free access to products that about to be launched.
Create a Service: The ability a blog has to attract traffic, has made many people to create services and sell them on their blogs.
The way to make money on your blog through selling services is to come up with a page called services. On this page you can write a detailed article describing the benefits that come with using the service.
It is advisable you include testimonials that will act as positive social proof. Do not forget to also include a BUY button and this case I recommend PayPal which is very easy to integrate.
Affiliate Products Promotion: If you ask me this is an excellent technique on how to make money online. You can earn huge commissions if you do your blog promotion right and also find ways of retaining visitors on your blog.
All you need is to find affiliate sites in your niche and sign up in their programs. From there, pick attractive banners and post them on your blog.
As people come to your site and click on the ads, you will make money when they buy. In some programs, you will earn commissions by just referring leads.
I recommend you try out affiliate network sites like Commission Junction and Click Bank for quality products.
Site Flipping: Imagine buying a domain at $10 and after 1 year selling the same for $3000 or more. This is for sure another great strategy of generating revenue on the web.
The secret is to find ways of popularizing your site and you can make as much money as you want. Ideally, a site will fetch more money depending on the income it generates daily.
I know of people who buy websites and develop them for six months then sell them off. These are webmasters who know how to market on the internet thus can easily add the value of a site within a short period.
If you are looking to sell your site visit Flippa and get people to bid on your blog.
Sell Your Own Products: This can be one of the most profitable ventures that can turn you into an overnight millionaire on the internet.
Products range from creating software, tutorials, eBooks and PDF files just to mention a few.
Before you create a product it is advisable you first identify a need in your niche. This you can easy know by asking your target audience what problems they are facing. From there you can create a product that offers solution to the problem.
You will make even more money if you allow others to sell your products as affiliate marketers and you pay them a commission. Sites such as Commission Junction and Clickbank can manage for you the buying process and enable you to have affiliates for a small fee.
Selling Advertising space: Every webmaster seeking to make money online wants web visibility thus at one point or another they will want to advertise.
To see just how important web advertising is look at the income report of Google. 97% of the revenue generated by google is from selling advertisement.
In order to succeed in selling advertisement space on your blog you first need to generate traffic. The more popular your blog is the higher rates you will charge.
There is a post we published earlier which you can read on ways of making money online through selling advertisement space.
Apart from selling advertisement space you can also signup with Google adsense. Here you will earn as people click on ads which Google will place on your blog.
Conclusion: Blogging provides great opportunities to improve one’s financial standing. Right now people from all corners of the globe are heading to the World Wide Web for information thus a chance to showcase your products and services.
Rather than stay home and whine on how bad the economy is, why don’t you start blogging from the comfort of your house?
I hope from this blog post you will get one or two techniques that will assist you on how to make money online through blogging.
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Author: Stephen Kavita