by adssolsn » 29 Nov 2016, 13:14 6 ways to monetize a blog
Blogging is the newest craze in town; last time I checked, blogging, SEO and content marketing are among the most searched keywords on Google.
Mostly, this due to the ease and multiple ways blogs are creating online millionaires; below are top ways these young fellows are leveraging to stay on top of the food chain.
1. Ads
Probably the easiest way to monetize any blog, ads is the most preferred way to make money with a blog.
A blog with an average following can make enough income to sustain a family. The best thing about ads is that you can use them together with other forms of income and require minimal management
Adsense and chikita are among the top rated ad networks.
2. Affiliate marketing
Affiliate marketing is the second favorite method of earning money via a blog, and for a good reason. With affiliate programs a blogger can earn more with less traffic.
While it will take a million views to earn 1000 dollars with ads, an affiliate marketer can make 10000 dollars with a minimal traffic of 10000 monthly views.
Additionally, affiliate marketers work way less compared to those who chose to show ads as most readers don’t like seeing ads.
An affiliate marketer makes a commission on the total cost of the product i.e. if a product costs 100 dollars and he sells 100 products, he may receive a 10% commission and make 1000 dollars
3. Selling own products
This is definitely the most lucrative way to earn with a blog. A blogger who creates his own products is able to keep a larger percentage of the money by doing less.
A product creator takes advantage of the power of affiliate marketing by allowing other bloggers and marketers to sell his product. This means a large sales funnel for his product resulting to higher profits.
Creating products and services are the highest peak most prolific bloggers go to.
A good product may receive thousands of sales every month. For example if a blogger creates a 10 dollars eBook and sells 1000 copies, he will make 10000 dollars.
4. Membership sites
A membership site provides useful information about a topic matter that a big number of readers are interested. And by giving superior quality information, a membership site owner capitalizes by charging a fee for anyone who chooses to join.
If a membership site attracts 100 members paying 20 dollars each, the owner makes 2000 dollars.
5. Consultation
If you deem yourself an expert on a particular matter on your blog, chances are people will request for your advice. This creates a very lucrative opportunity to offer profession advice to people who need it. This way you can charge a fee for the same.
Depending on your expertise, you can charge anywhere between 50 to 100 dollars for a session.
6. Public speaking
Highly related to consultation, public speaking involves giving advice to a large crowd of people in a conference, seminar or workshop. Some speakers charge 1000 dollars for a seat, meaning if 100 people show up. He pockets 100000 dollars for a day’s work.
Making money online is more accessible than ever, with the online community growing every day, the internet is changing the way communicate, relate and conduct business.
Every year a massive number of new internet users join in and create a void that needs to be taught, lead and guided. And that’s where you come in.
Whether its playing a guitar or just whooping a good old grandma’s recipe, the internet welcomes you to show it off and at the end of it all promises to reward your effort with a bit of fame and fortune.
That's why it's hardly generating income for us.
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