Even though one can have a non-profit blog, most bloggers blog with the long term purpose of making money, so let us look at ways on how to profit with a blog.
Fortunately, there are several methods of profiting from a blog and applying these methods can help you earn more money.
How To Profit With A Blog
Placing Advertisements On Your Blog
Selling space for advertisers is one of the most common ways on how to profit with a blog. Blogs that have a considerable amount of traffic each day can make an income with ad sales, providing there is a target audience for the advertiser.
The reason why bloggers choose to sell advertising is that it is a passive form of income, as once the ads are on the site, there is virtually no other work to be done. It will, however, take some work to look for advertisers initially, but those who have successful traffic pulling blogs will earn good money from these ads.
If you are looking at ways of how to profit with a blog, selling advertisement space can be one of the most consistent revenue streams. If you are able to fill your ad slots, each month you will have great consistent passive income on the side.
On the negative side, selling ads requires you to have some kind of established traffic. Traffic is important because it draws interest from potential advertisers.
You will find it hard to sell an ad space without enough traffic and it will most likely not produce much revenue. Additionally, the blog must have a target audience in order to achieve the maximum amount of cash for advertisement space.
Remember that advertisers are more likely to pay if your target audience is a match for their advertisement.
Bloggers can also try putting ads from Google or other similar companies on their sites in the meantime as you earn revenue when interested people visit the sites that the ads are promoting.
Because purchasing goods online is becoming more and more popular, Affiliate programs are also a major resource of profits for many, if not most bloggers. Affiliate programs are excellent in the sense that they enable you to have the opportunity to make money even if your blog has a small audience.
However, one bad side to affiliate programs is that there can be instances where you cannot make any money at all.
Newly created blogs feature affiliate ads most of the time compared to selling space directly to advertisers. Since selling ads is hard to do without much traffic, affiliate programs are perfect for new blogs.
The best part about affiliate marketing is that you simply refer people to the places that they can purchase the goods. You never have to keep stock or do any of the tiresome shipping. If one of the people you refer purchases a product, you get paid a commission.
Over time many bloggers are building up a lucrative business doing just this. You can learn how to build your own affiliate marketing business by training with Wealthy Affiliate University.
Promoting Yourself With Premium Content
Bloggers who are service providers at the same time have an excellent opportunity to look for clients and increase their business both online and off. Maintaining a blog that focuses on your area of expertise can help you to become a recognized authority in your field.
Additionally, it can help potential clients to find you. You can also benefit from the increase in demand for your services and improved reputation that you build, which will enable you to charge more for your services.
If you write great content on your blog that helps other people out with their problems, you will also gradually get more visitors, make more sales overall and set yourself up as an authority on your niche.
So the secret to a successful blog is to publish as often as you can and make sure that the content is useful and can help others to find answers to their questions.
Aside from promoting your services, selling premium content is also an excellent way on how to profit with a blog.
Blogs can be a massive source of information and remember that not everything has to be free. There are bloggers and business that attained success by selling some of their work. There are blogs that sell memberships to their readers to get premium content each month.
Although selling premium content is possible in any field, you must have the capability to give something to the reader that is worth paying for.
The sky is the limit if you have a blog. Here are some other ways in which you can use your blog to profit:
- Build a List of Buyers
- Offer to place peoples guest posts for a fee
- Do reviews on products. Many companies reward you for doing this.
- Promote your offline business
- Build your credibility in a specific niche
- Join a PPV (Pay per view) or PPC (Pay per click) company and place their ads on your blog for additional income.
Please comment below if you have come up with any other ways on how to profit with a blog.