This post lists some of the more effective strategies you may start using right away to monetize your blog and start earning money online. The appeal of blogging as a business to me is that you can do it from anywhere with an internet connection and that your income is unlimited.
Many people still struggle to make money online and make a life from it, despite the fact that we have seen experienced bloggers make tens of thousands of dollars each month.
Therefore, we will look at some doable strategies to monetise your blog traffic in this section of my Blogging 101 Guide. If you’re new to blogging, we hope this will inspire you to start; if you’re an experienced blogger, we hope our list will inspire you to come up with fresh ideas. It’s crucial to diversify your income just as you do with your investments.
Let’s get going:
Using affiliate links is a performance-based industry where businesses compensate individuals who advertise their goods. Most affiliate businesses compensate their partners using cost per action (CPA). This implies that the affiliate benefits whenever an action is taken. This typically manifests as a lead or a sale (when someone purchases something) (when someone signs up to something ie. newsletter, free trial, registration etc.).
Joining affiliate networks is the ideal way for new bloggers to get their foot in the affiliate links door. These kinds of websites showcase a variety of goods from numerous merchants. They also provide helpful resources for novice bloggers, like software for tracking sales and serving as middlemen to make sure you get paid fairly.
It’s a bit like asking “which came first, the chicken or the egg” while deciding an affiliate product to promote. Depending on which way you would choose to travel. Many bloggers frequently write about subjects they are enthusiastic about, and they search for relevant affiliate items to aid with their content creation. As an alternative, you can focus on a particular market that you believe will work well for you and create material aimed at those goods.
2-Paid Content Or Memberships
A common monetization method used by many sizable blogs is paid content. Providing some of your information for free while allowing users to subscribe for access to more in-depth articles, exclusive site areas, or expanded debate is comparable to what newspaper websites offer.
You can generate and sell a variety of material on your website, from cooking tools to how-to guides to new software that assists business owners. Your membership section will be more successful if you follow these tips:
- Keep the cost of membership modest.
- Regularly update your content. Nobody wants to spend money on a subscription to something that is never updated.
- Make transactions frictionless. Utilize recurring billing models and payment processors like PayPal to automate membership payments and cancellations.
3-Sell Advertising Space
Almost any type of website may be made profitable by selling advertising space. Have you recently visited popular news websites like Business Week or the New York Times? They are crammed with advertisements and make a tonne of money from them.
There are numerous ways to offer advertising space on your site, but the best and most practical way is to use an ad network to make your job easier. But if you don’t know which one to use, let us recommend MediaFem.
Since its establishment in the UK more than 13 years ago, MediaFem has stayed current with changes in the advertising sector. All adverts are seen by people who are really interested in what is being given thanks to a set of codes developed by MediaFem.
The publisher collaborates with a network that values consistent and open operational reporting. Utilizing their service is completely free due to their knowledge and experience. They split income with publishers 70/30 as their main method of revenue distribution.
Publishers can implement their ideas using either the well-liked One Ad Code format or bidding headers. MediaFem offers a variety of advertising types, including web, native, video, and mobile.
You just need to follow these easy steps to begin using MediaFem:
1-Click “Sign up” on the MediaFem website.
2-Enter the necessary data, such as your name, email address, password, and the download URL of your website (for mobile apps only).
3-Once the platform has given you the go-ahead, access your dashboard. Under “Ad units,” choose the desired option from the drop-down menu.
4-Once you’ve assessed the required data and saved your modifications, you’re done! You’ll start to see adverts on your website, and you’ll get paid each time you interact with them.