Everyone wants to make money online these days, and there are plenty of ways to do it. The problem is that most people don't know where to start and they end up giving up too early. That's why we're going over 8 different ways you can make money blogging. From sponsored posts, to affiliate marketing opportunities, there are lots of money earning ideas for bloggers who want to monetize their content.
Sell Ad Space
Placing ads on your blog is one of the best ways to earn passive income. And it can be quite profitable for those who have large and engaged audiences. You may offer advertising opportunities such as banners, display ads, or even in-text ads.
If your blog has a large readership, you can reach out to advertisers directly and offer them ad space on your site. This is especially effective if the advertiser's target market matches up with your audience demographics.
Become An Affiliate Marketer
Affiliate marketers sell other company's products or services and make a commission on each sale. You can become an affiliate for just about any online business, as long as you're willing to put in the time and effort to set up your account with them. Once that's done, all you have to do is place links around your site where it makes most sense. When someone clicks on one of those links and purchases the product or service, you make money.
While affiliate marketing is not the most lucrative way for bloggers to generate money, it can be an excellent supplemental income stream if done correctly. You may also want to consider leveraging social media platforms like Facebook Ads as part of your affiliate marketing strategy.
There are many companies willing to pay someone to write about their products or services on a popular blog, and they might also offer exclusive deals such as free samples, coupons and random gifts for all referrals.
However, you'll want to be careful when considering sponsored posts. Make sure that you're not compromising your integrity by endorsing products or services you don't actually believe in.
Create A Business Directory
If your blog has a large readership, you may create a directory of different companies and services that apply to your niche. For example, if your site is about running, you can include information on the best gear for runners such as shoes and clothing brands. You can also work with nutritionists in the area who specialize in fueling athletes.
Consulting services are another way bloggers can make money by offering speaking engagements, workshops, or even one-on-one sessions. This works best if you're an expert in a certain area and are happy to share your knowledge with others on the topic for a fee.
However, be sure to set up policies for consultation before you take on clients. For example, will a client be charged for an initial consultation or just the time spent on their project? What is your hourly rate, and what are your policies if someone runs over their allotted session time?
If you're interested in teaching, one way to make money is through webinars. You'll want to find a relevant topic and engaging for the audience and then research what other people are doing so you can better understand how they go about your little project.
You can also charge for webinars by setting aside a block of time where you share your expertise. For example, let's say someone wants to learn more about blogging as part of their job responsibilities but doesn't want to leave their full-time job. You can charge them for a block of time during which they'll have access to you via Skype or other collaboration tools.
Host Sponsored Contests And Giveaways
Another way bloggers make money is through hosting contests and giveaways. This can be done in a number of different ways, such as asking readers to post pictures on Instagram or Tweet about your blog with the hashtag #winmyblogpost - this will help you increase followers while also providing them with an opportunity to win something for themselves. This prize can be a gift card to their favorite store or an exclusive blog post.
Accepting donations is also another way to make money with your blog. This can be done through PayPal or another payment service, and your success depends on the size of your readership. If you have a smaller blog with few followers, it may not be worth setting up this type of thing as there won't be very many people who donate to you.