Let’s face it:
Blogging is tough!
Creating compelling content is tougher!
And driving readers to your content? Well, that’s a whole new level of challenge.
But once you have built a blog with a decent amount of traffic, monetizing the blog shouldn’t feel like an uphill battle.
The truth is:
The majority of the bloggers out there still use ‘Display ads’ as their main source of Income.
Which is not wrong!
However, if you want to maximize the full potential of your blog, then you have to implement multiple monetization methods on your blog.
And in this article, I’ve included the 6 best monetization methods that you can implement in your blog today and make more money with your thriving blog.
So, let’s get started:
#1 Sell your Services
One of the best ways to monetize your blog is to sell your service or skill directly through your blog. For example, you can sell your service as a freelance writer on your blog.
Readers who are impressed by your writing skill might hire you to complete their projects.
To increase your chance of getting clients, you can create a ‘Hire Me’ page with your contact details as well as a brief description and cost of your service.
So, if someone likes your writing and if they want to inquire about potential work, then they can reach out to you.
Alternatively, you can also link to Upwork or Fiverr profile which will make the process a bit easier.
Apart from freelance writing, you can offer different kinds of services on your blog.
But you have to make sure the service is related to your blog or a topic.
For example, If you have a blog about Photoshop tutorials, then you can offer Photoshop-related services.
This will help to land more clients as they have a high interest in the subject matter.
In my opinion, this is a foolproof method to monetize and make money with your blog.
I’ve not offered any services to this blog yet, but In the near future, this will be one of the many monetization methods on this blog
#2 Affiliate Marketing
When I started blogging, I used to hate affiliate marketing.
Reason?
No matter how much traffic I receive on my Blog, Affiliate Marketing was generating just pennies.
Later, I realized that I was pushing the wrong product to the wrong audience.
That means:
Low conversion and Low Revenue!
But fast forward to today, Affiliate marketing is one of my main sources of income.
In fact, this blog you are reading is making 3x more money with Affiliate Marketing than with Display ads.
Unlike display ads, Affiliate marketing does not need thousands and thousands of visits to make a good amount of money.
Even with a low amount of traffic, Affiliate Marketing can yield great results.
However, you have to promote the right product to the right audience.
You can find affiliate programs for almost every niche out there.
Simply, go to Google and search for “Your niche + Affiliate program”, and you will get tons of affiliate programs.
Join the top affiliate networks and start promoting the products on your blog.
It’s that easy!
In my opinion, Affiliate Marketing is the #1 way to monetize a blog.
#3 Sell ebooks
Selling ebooks is another interesting way to monetize your blog and In my opinion, this can create a good source of income for your blog if implemented correctly.
In fact, David Oudietter, a marketer and copywriter generated $13,000 in just two months by selling an ebook on Gumroad. David shared his knowledge about Landing pages on the 252 pages ebook The Landing Page Cookbook.
The ebook was priced at $39 and he used his blog and email list to promote the blog.
Now, you know the potential of this monetization method. Right?
Now you may be wondering:
But, Why would people be interested to buy my ebook?
Let’s take a moment to think:
Your blog is a valuable resource about a topic for your readers. And they are really interested in the topic, that’s the reason they are on your blog right?
They enjoy reading your free content.
What if you create an ebook by putting more effort, and adding more detailed information and case studies?
And they will be happy to purchase the ebook!
Because the information in the ebook is a goldmine of information for the readers.
But, how do I sell the Ebook?
Luckily, there are free marketplaces like Amazon and Gumroad where you can upload, sell and receive payments easily.
All you have to do is promote the ebook on your blog and make money with it.
#4 Display Advertisements
Display ads are one of the best ways to make money from your blog.
Reason?
Ads are easy to set up and once it’s up and running, you don’t have to touch anything.
Furthermore, you don’t have to worry about making a sale or a conversion.
Most bloggers use AdSense to monetize their blogs as it is one of the most trusted and reliable ad networks out there.
However, there are better alternatives to AdSense like Ezoic and Mediavine which offers better ads and revenue.
If you have been using AdSense to monetize your blog, then I highly recommend you switch to Ezoic.
You will see a huge improvement in your Ad revenue.
If you want to monetize your blog, Click here to Join Ezoic Now.
But here’s a bummer:
If you want to join Mediavine, You must have at least 50,000 monthly pageviews.
I have been using Ezoic ads for a few years now and I can confidently say it pays higher than AdSense.
So, the bottom line is display ad is still one of the best ways to monetize your blog.
#5 Sell Digital Products
Selling digital products is highly profitable because of two reasons.
First, you just have to create a digital product once and it can be sold for unlimited times.
Second, you don’t have to cover the cost of shipping and storage of the digital product.
So, the profit margin of a digital product becomes really high.
And you can monetize your blog audience by selling them different digital products related to your niche.
Some examples of digital products are:
- Templates
- Ebooks
- Guides
- Printables
- Software
You can either create a digital product yourself or hire someone to create it for you. Once it’s created, then you can use your blog to sell the product unlimited times.
Even better:
If you have an email list, then you can send an email blast and make a huge profit quickly.
That’s the beauty of selling digital products.
#6 Sell T-shirts
Selling t-shirts is a great idea to monetize a blog. However, I have seen only a few bloggers utilizing this monetization method on their blogs.
The method is simple!
Find a good t-shirt design idea related to your blog, create a simple design, and upload the design to a Print on Demand site like Redbubble or Teespring.
Then, you can add the banner of the t-shirt on your blog’s sidebar or at the end of the content.
That’s it.
But I know:
Some of you might think this is not a good idea!
However, I’ve personally used this method to monetize my blog about music.
Long story short:
I was frustrated with the ad rates of the music blog, so I was looking for different ways to monetize my blog and I came across selling t-shirts.
I create a T-shirt related to Music and add a banner at the end of each content.
And the result?
I sold over $300 worth of T-shirts on my blog when one of my content went viral on social media.
Now, you may say:
This won’t work for all the niches!
But let me tell you something:
People love showing off things they believe in or are interested in.
Have you seen people wearing cool t-shirts with quotes like “World’s Best Plumber” or “World’s Best Babysitter”?
They love wearing these T-shirts because they feel proud of their occupation.
And you can find the interest of your readers in literally any niche.
So, it’s possible to sell t-shirts in any niche.
Let me give you some ideas:
If you have a blog related to pets, then you can sell t-shirts related to Cats and Dogs.
Or,
If you have a blog about fitness, then you can sell t-shirts with motivational quotes.
You get the idea..right?
Just put a banner of the t-shirt on your sidebar and you will soon start seeing sales.
Final Thoughts
I hope my guide on ways to monetize your blog helps you to monetize your blog as well as maximize your revenue.
Monetizing your blog requires creativity and strategic thinking. While display ads remain a popular choice for bloggers, diversifying your monetization methods can significantly boost your earnings.
I’ve listed out different ways to monetize a blog like selling digital products, affiliate marketing, selling ebooks, display ads, and so on.
Though there are plenty of ways to monetize a blog, it’s not recommended to use all of them at once.
Using too many ads will result in a bad user experience and it also affects the overall feel and beauty of the blog.
So, finding the right balance is the key.
And I suggest you keep experimenting with the different monetization techniques listed above until you find a winner.
