Want to make money with your blog? Well, who wouldn’t want to!
You’ve probably heard that you can make money on a blog. But how can you do that? We will explain this now. The most successful bloggers use their blog as a full time job as they generate a lot of revenue. This money comes from advertising, affiliate marketing, selling digital or physical products or providing services. We will look at these in detail below.
Some bloggers make millions of dollars a year, others significant income some make less, and some do not. It’s not guaranteed how much money you make with a blog. There are 4 main sources:
Advertising and sponsored content
Companies want to showcase their products and services to potential customers as much as possible. They may be interested in advertising on your blog if your readers are their ideal customers. Here are some ways to incorporate ads into your blog:
Giveaways & Reviews – Companies offer you free product and you advertise that product on your blog.
Sponsored or Signed Posts – Companies pay you to write messages that mention them or their product.
Video – Email ads, mini video ads or podcast episodes.
Advertising requires traffic to be truly profitable. It also risks annoying your readers if you have too many ads.
As an affiliate marketer, you promote someone else’s product or service to your readers. You place a link to the product or service. When someone clicks on that link and makes a purchase (or completes a desired action set by the company), you earn a commission. Affiliate marketing is very lucrative.
A digital product is a non-physical product. These products often come in the form of downloadable or streamable files, such as MP3s, PDFs, videos, plugins, and more. Many bloggers sell their digital products. Digital products are a great choice because they do not require inventory and do not have high risk. Here are some ideas:
Ecourses – Teach others what you know and sell as a service.
Ebooks- Publishing articles online is very lucrative.
Photos – Many photographers sell their photos online.
There are endless ways you can create and sell your digital products. With a little ingenuity and time, you can serve digital products that will then bring you a lot of revenue.
Some bloggers sell physical products. Some examples:
Books – Many bloggers have become authors because of their blogs.
Handmade Products – If you are creative you can use it as a great idea.
Finished Products – Many bloggers find a manufacturer to make their idea a reality.
Retail – You can buy and sell products.
Many bloggers have started selling physical products in recent years. It can be profitable, but it can be complicated by production, inventory keeping, shipping, returns, etc.