This Post May Contain Affiliate Links
Blogging, if done right can prove to be an amazing source of income. In fact, if you take it seriously you can actually make a living out of it. Today, we are going to look at 5 easy ways through which you can generate your first income.
- Sell Ads Space On Your Blog
There are a few ways to get ads on your site. It’s not only about selling private ads on your blog. When your blog gets big enough, different advertising networks will approach you for ad space on your site. Another way to advertise on your blog is by writing sponsored posts. This is where a company asks you to write about their product in return for money. Always make sure that you only accept sponsored posts for products that you love!! Your readers trust you!
- Sell your own products on your blog
Do you have some bizarre things to sell online? You can easily sell anything on your blog ranging from spare parts to clothes. Since websites are much easier to maintain than brick and mortar stores, you might be able to start your dream business on your blog.
Don’t have a product to sell? No problem! Private label it. There are a bunch of companies that make products, but don’t sell them to the public. Instead they offer them to business owners and label them with the business label of that company. Do you really think your local grocery store makes all of their own private label items. It’s much more likely that they outsource them and have their label put on them.
- Sell Memberships
Creating a member’s only area is a great way of generating revenue. Maybe you can offer an exercise coaching area of your site or a members only money-saving tips newsletter. Just keep in mind that your membership should be worth buying. Make sure your exclusive membership offers something unique.
- Go for Affiliate marketing
This is one of the best tools for monetizing your blog. So what the heck is affiliate marketing and how does it work? Let’s suppose there is an advertiser who wants to sell a product and he approaches you for help. Now, why would you help him? You would help him because he will pay you a good commission for every sale you send him from your blog. Obviously it’s not quite that simple. You don’t start a blog and magically start getting hundreds of calls from people who would just love to give you money, but you can sign up for affiliate networks. My two favorites for beginners are Share A Sale and Flex Offers. From these sites you can sign up for affiliate programs and get affiliate links. Then, when you write posts and mention one of your affiliate companies, you can put the affiliate link within the content on your blog which will eventually get you some sales.
- Use CPC or CPM Ads to
This is the oldest method of earning through blogging. There are two types of ads which you can place on your blog: CPC (cost per click) and CPM (cost per 1000 impressions) ads. CPC ads come in the form of banner ads that are placed in between the content or in the sidebar. Every time a visitor clicks on that ad, you get paid for that click. CPM ads look similar to CPC ads (or could be pop-up ads), but you get paid for every person who sees the ad instead of every person who clicks the ad. To get ads for your site, you can sign-up for ad networks. My two favorite, and probably the two most popular are Google and Amazon. Amazon now offers similar ad code to Google. This is different than linking to an Amazon product. You can place banner ads from either one on your blog using the code provided by them. When a reader clicks on the ad and buys something, you get paid.
These are just a handful of ways to monetize your blog. Once you have tried these few things, take your game one step ahead and start finding the advanced strategies or maybe formulating your own. Curious how others are making money with their blogs? Find out how 15 Blogging Gurus made their first $1 here.