Five Tips on Making Money With Your Blog
“The only point in making money is, you can tell some big shot where to go.” –Humphrey Bogart
I like Bogie’s remark in the above quote. We are retired now and don’t have to concern ourselves with other people who think they can tell us what to do. We are the bosses of our own home-based business and we decide what we will do today and tomorrow.
Blogging is one way to make money online, but it is not as easy or simple to do in reality. Like all businesses, you have to work at it to succeed. It took me four tries before I developed this blog. I came up with these ideas to monetize a blog by doing research on Amazon. Here is a link of books available on Amazon.
Here are five more great ways to make money from your blog:
- EBooks and Info Products:
If you’re into blogging, chances are you love writing. This is the perfect path to creating your own information products and eBooks. You can sell them on your website, through Kindle, Smashwords and more. If your blog readers love your content, they’ll love to get even more when they can add them to their mobile device and take it wherever they go.
- Contextual Advertising:
You’ve probably heard of Google AdSense and Chitika. These are advertising networks that display content on your pages. The ads displayed are related to the topics of your specific blog posts…thus, the term “contextual”.
Working with an ad network means you don’t have to find your own advertisers and you don’t have to deal with client service either. It’s all taken care of by the ad network and you get a percentage of the profits. Or you can maximize your revenue by displaying contextual ads and accepting advertisers on your blog as well.
I decided against using this type of advertising for this blog due to the chance a fraudulent ad might appear. Working from home is a swindler’s dream of bilking you out of your money. However, I am going to use Google AdSense for my upcoming blog, Overcoming Hearing Loss with Bill Hall.com. I have been testing the contextual ads for hearing products and they appear to be legitimate ads.
- Blogging for Pay:
One of the simplest ways to start earning money from blogging right away is to simply be a blogger for hire. It’s a guaranteed way to get paid for your work. This method means you only get paid when you blog and most jobs don’t pay incredibly well. Still, it’s a great place to get started and start earning money almost right away. I use Guru.com and Outsource.com job boards as my referral source for paid assignments.
- Feeding Traffic to a Mailing List:
You may have heard the term, “the money is in the list” and it’s absolutely true. Growing your own email subscribers list ensures that you have a growing audience of people that you can keep in touch with over and over again.
Many bloggers keep their focus on content on their blog and simply funnel people into the mailing list, so they can make offers and sell products via email. Email marketing is an important topic, so we’ll definitely be talking about it in a later post.
While many bloggers prefer to communicate with their fingertips to the keyboard, many also have a very commanding presence and enjoy speaking to audiences. Your blog proves to your readers that you are an authority on your subject.
Speaking to your audience is a good way to cultivate an audience, as it can be very profitable. Whether you run your own webinars, podcasts, or speak at various live events, having an active blog following can help you bring more people to your speaking events and increase your income.
You might just use one idea to start with, but most successful bloggers use a combination of a few or more monetization opportunities. The key is to start exploring ideas, testing them out and further developing those methods that work for you.
What do you think? Do you have questions? Write a comment below and start a discussion.