5 Proven Ways To Make Money From A Blog

You worked hard on your blog to generate traffic, but you are now stuck wondering how you can make money from it.

This is not an uncommon problem for bloggers.

They spend months writing tens of articles, but monetization seems far out of reach.

Once you finish this article, you will have a much clearer idea of how best to monetize your blog.

Google Adsense

Adsense is often the first place bloggers turn to monetize their blogs once they start generating a good amount of traffic.

This makes sense, considering it’s one of the most hands-off ways to make money from your blog compared to other monetization methods.

There are only a couple of requirements to get started with Google Adsense:

1. Age – You need to be over 18 years old to qualify.

2. Your content – Google won’t accept you if your content violates their policy. 

The type of contents that violate their policy include:

• Sexual content
• Shocking content
• Explosives
• Guns and gun parts, and other weapons
• Tobacco
• Recreational drugs
• Alcohol sale
• Online gambling
• Prescription drugs
• Unapproved pharmaceuticals and supplements

If you want more specifics on their policies, then check out the link here.

Unlike most other ad networks, Google doesn’t require you to have a certain level of traffic for you to qualify for their ad network.

Their loose traffic requirement makes them a viable option for monetizing your blog when you are just starting out.

Drawbacks

However, it does come with its flaws, and here are a few:

1. Big Audience – If you want to make any substantial income with Google Adsense, then you need to have a lot of people visiting your website, and I’m not talking about a couple of thousands a month.

I’m talking about nearly a million visitors a month for a lot of niches unless you are in a niche that pays extra well, such as insurance.

Such a level of traffic can easily take many years to build, and most people fail to reach that even after years of hard work.

2. Website Performance – Google Adsense can potentially have a negative effect on your website performance. Your site will become slower and more clunky when you place a lot of ads, which will worsen the user experience.

This may not be overly problematic if your website solely relies on Google Adsense for monetization.

But you may be better off not using Google Adsense if most of your income comes from selling your own product or affiliate marketing.

If you have poor website performance, then your other revenue sources can suffer since people won’t stay on your website for long.

Other Ad Networks

You may also use other ad networks to monetize your website.

Some examples include Ezoic, Mediavine, and Adthrive.

These ad networks generally pay a lot higher revenue paid per 1,000 impressions (RPM) than Google Adsense.

Let’s say you are getting close to 100,000 visitors a month to your website; it’s unlikely you will make a livable income with Google Adsense.

But when you monetize your site with some of these other ad networks, you have a realistic chance of making more than a couple of thousand dollars a month.

That being said, there are some additional requirements your site needs to meet if you want to qualify for these ad networks.

First, your site needs to meet all of the requirements by Google Adsense.

Second, most of these ad networks require a good amount of traffic before they accept people into their network.

Examples:

• Ezoic – More than 10,000 pageviews a month
• Mediavine – More than 25,000 sessions a month
• Adthrive – More than 100,000 pageviews a month with the majority of traffic coming from the U.S.

The first two numbers are not out of reach for most niches within the first year of blogging, but it can take years of hard work to grow your website up to 100,000 pageviews a month.

In short, it’s easier to monetize with Adsense when you first start due to fewer requirements, but you will want to transition to other ad networks once your site is generating large traffic.

Affiliate Marketing

Most blog owners love to monetize their sites with affiliate marketing, and rightfully so.

Affiliate marketing is rapidly growing, with the U.S. affiliate marketing spending projected to reach 8.2 billion U.S. dollars by 2022.

With affiliate marketing, you introduce other people’s products to your visitors, and you get paid a certain percentage when those visitors purchase the product.

Affiliate marketing has a couple of advantages:

• You don’t have to worry about creating your own product
• There’s no need to provide customer support

Your only job is to bring enough potential buyers to the product page, and you can make a lot of money from it.

For example, let’s say you are promoting a $200 product, and you agreed to get paid $40 for each sale.

When you send 10,000 people to the product page, and 2% of people buy out of those 10,000, that would be 200 people purchasing the product.

• 200 x $40 = $8000

That is enough money for most people to quit their day job and work from home.

You may be worried there’s no good affiliate product to promote in your niche, but that’s highly unlikely.

Every company is looking for new customers, and they would be more than happy to give you a slice of the pie if you bring them new customers.

They are still making money and getting new customers even after they pay you, so they’ve got nothing to lose and everything to gain.

Your Products

You could also create or source your own product.

You have the option to sell either digital or physical products.

Digital products – With digital products, you are selling your expert knowledge. 

Digital products work best in niches where people need your special skill or knowledge to solve their problems.

Some examples include relationship, finance, fitness, dog training, and many more.

It costs very little money to create a digital product, and you get to keep 100% of the money you make from each sale, unlike affiliate marketing.

So, if your goal is to make as much money as you possibly can, then it makes sense to sell your products.

That being said, more money also means more responsibility.

You will inevitably have to deal with customer complaints, which most people don’t enjoy.

Physical products – If you plan to sell physical products on your website, you will need to find a supplier.

Additionally, you will have to ensure your products get delivered to your customers on time, and you’ll also have to spend time responding to every frustrated customer.

Even if you outsource customer service to your employees, you still have to hire and manage them.

There’s a reason why most top bloggers stick to affiliate marketing and selling digital products.

You will experience way more headaches when trying to sell physical products unless you’re promoting physical products as an affiliate.

You can, however, potentially make a lot more money with your blog if you are willing to take on all of that responsibility.

Consulting

If you have special expertise that other people are willing to pay, you can offer consulting services for your blog visitors.

You can charge a lot per each customer since you will be offering individual help.

If you are just starting out with your blog, this is how you can make the most amount of money.

Even if you only get a hundred visitors a month, if one of them is willing to pay you $1000, then you’re already making four figures a month.

Certain niches are easier to charge more money than others.

These niches include health, wealth, and relationship niche.

Most people have problems in at least one of those areas that they need help with.

If you can convince people you can help them, they will happily pay a lot of money for your premium service.

Drawbacks

But there are a few drawbacks to consulting.

1. Scalability

With consulting, you are practically trading your time for money. You can only work so many hours in a day, and your income will eventually hit the ceiling.

It’s not necessarily a bad problem to have since it means you are growing.

But, you will eventually need to find another way to monetize your blog if you want to maximize your income potential.

2. Dealing with Customers

It’s no fun dealing with angry customers. 

Some people will be unhappy regardless of the quality of your service, and they’ll do their best to make your day miserable.

And you will have to bear it all since you are the one providing service for each one of your customers.

When you constantly have to deal with frustrated customers, it will be difficult for you to focus on other important things, such as growing your business.

All things considered, consulting is a great place to start if your blog is still at an early stage, and you don’t have a lot of people visiting your blog.

But, you will want to consider transitioning to other forms of monetization once your blog starts to grow.

Conclusion

There you have the five most common ways to monetize your blog!

Remember, your monetization strategy will evolve as your site grows bigger.

So don’t spend too much time worrying about how you’re going to monetize your site, especially if your site is not that big yet.

You should primarily focus on building your audience by consistently putting out great content when you first start out.

Monetization will follow if you have an audience that likes and trusts you.

blog money concept -DepositPhotos

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