Let’s be honest blogging is great fun. It’s especially fun if you are blogging about something near and dear to you. Add making money from your blog, and you have a combination that’s hard to beat.
If you’re like most bloggers you want to make money with your blog. The good news is you can. It’s possible to earn a couple hundred dollars a month, some even replace their job income.
Truth be told it’s unlikely you’ll earn a fulltime income overnight; heck you probably won’t do it next month. But, if you treat monetizing your blog like eating an elephant, one bite at a time, you can reach your income goals rather quickly.
There are two general ways to make money with your blog; through your blog or because of your blog.
You can blog by taking paid advertisements or selling products and services. You can make money because of your blog by being hired for writing assignments, speaking engagements, or you might be given a new job.
I’ll show you a couple different ways to make money with your blog. Try them out and see what happens – you might be making money in no time.
Do Some Advertising
One of the most lucrative ways to monetize your blog is by selling advertising space. Selling your own ad space gives you the advantage of setting your own rates and cutting out the middleman (which puts more money in your pocket.)
Before you rush out selling advertising there are a couple things to consider; first you must have a large audience in order to get qualified advertisers. Second, it takes time to manage sales, payments, ad design, placement etc. If you aren’t an experienced online marketer and blogger you will save a lot of time and money by using one of the many advertising services available to monetize your blog.
For a small share of your commission an advertising service will take on the administrative headaches and marketing woes so you can concentrate on blogging and making money.
There are several types of ads available for you to put on your blog. The most common are pay per post, pay per click (PPC), cost per impression (CPM), and text-link ads.
Part II of this post will deal with specific programs you are check out.
Your post comes at a great time for me as I am just starting to look into how to generate some income through advertising. I’m definitely coming back to read tomorrow’s post.
Great, Anne! There are other posts about affiliate marketing that you might also like to check out!
Thanks Paul,
Coincidentally (or synchronistically) at the same time I was getting ready to post on the UBC. My wife and I were struggling with creating a new WordPress blog. We were frustrated with the theme I had chosen, because it made it very difficult to put up a header banner.
I have subscribed to your 28 day email course, and I hope it will help. I love blogging (posting content), but the mechanics of WordPress are sometimes a challenge.
I like what you said here about the second way of making money “because of your blog.” That is reassuring, because I have not yet directly monetized my blog. However, I believe that my blog has helped my credibility as an expert in the niche of interpersonal relationships, attraction, and influence.
Let me know if you have any questions as you go along, Buddy!