Monetizing Blogs is very interesting especially if you want to earn passive income. Here are some things that you should know before starting this business.
Blogging has become more than just a way of expressing yourself and talking about the mundane things happening in your life. These days, blogging equates to earning extra money. Monetizing blogs can be done using a number of effective ways.
Do use ads to earn money.
The most common, also the most effective, way of earning money is through ads. When your website visitors click on your ads, you immediately earn money. There are no limitations to the amount of money you can earn.
You can earn as little as $100 per month or as big as $10,000 per month. It depends on how popular your blog is and how many readers you have.
Do not overload your website with ads.
The idea of earning money from ads probably propelled a lot of people into embedding a lot of advertisements in their site. But there is such a thing as over monetizing your blog.
Websites with so many advertisements can be off-putting to readers. Rather than stay and read your blog, they will probably become so annoyed that they will leave immediately.
So strategize where you are going to put your ads. Don’t sign up to multiple ad accounts. One or two will do. Just find out which one works better for you.
You can try experimenting to find out which program earns you more money. In the case of many bloggers, they find Google Adsense and Chitika more ideal when it comes to monetizing their blogs.
Do encourage companies to sponsor your blog.
A lot of bloggers earn extra money with blog sponsorships. If the blog has a high page rank, companies will go out of their way to reach you and ask for an advertising space in your blog. You can use the sidebar of your blog to add sponsor links.
Set up an advertising rate for sponsors on a monthly basis. Some sponsors also send a sample of their products to the blog owners as a way of promotion.
Since blogging is a strong marketing medium, a review of the sample product might help boost their sales. You can also benefit from such a program.
Do sign up for an affiliate program.
A blog will work better if you have something to write about or you have something to promote. If you are not getting sponsors, you can always sign up for affiliate programs.
Affiliate programs are similar to selling products that allow you to earn commissions. The difference is that you are using the internet as a medium to sell the products of other companies.
Also, you are basically targeting millions of people from all over the world so you can earn more money even without contacting clients personally.
The rules for affiliate marketing differ. Some will require you to write promotional articles about the ingredients of their products.
Xtend life is an example. In their skin care product line, they ask their affiliates to promote the contents of the product but never to mention the name of the product so it won’t look like a promotion at all.
It is like giving tips to your readers but inserting the benefits of a product that contains those ingredients.
Most affiliate programs will only require you to add their banner to your website. The banner will contain a link that will be directed to the sales page.
Do update your blog regularly.
A blog that has been left in a hibernating mode for a long time can lose its valued readers. Also, if you are regularly updating your blog, search engines are more likely to index your site so it will show up easily in search lists. This way, you will gain more traffic that might help increase revenues.
So keep those articles coming. Search for relevant keywords that can allow your blog to show up on the search list of Google. Upload at least one article in your blog per day that your readers will find interesting and helpful.
Don’t be biased.
Always be objective when you are promoting products in your blog. Discuss about the pros and cons of the products so your readers will see your blog as a reliable source of information. Blogs that offer unbiased reviews and information are more likely to gain readers and followers.
Also, when you are accepting sponsorships, make sure you really believe in the products of your sponsors. Since you are promoting them, it would be like telling your readers that you also like the products they are selling.
Do offer giveaways.
Giveaways will definitely send more readers flocking to your blog. Monetizing blogs will entail gaining more traffic so you would want to use methods that can drive more traffic to your blog. One of them is to offer giveaways.
Some bloggers sign up for affiliate programs that give them gift cards instead of commissions. The gift cards can be used to shop in the store of the affiliate company. Some bloggers use the gift cards to shop for giveaways.
Monetizing blogs do not have to be difficult. Just keep these simple tips in mind and you will find ways to earn extra money.