Ways Of Monetizing A Blog – The Five Most Effective Ways


If you are reading this article you must have created your own blog or about to create or thinking how to earn money from your creative work. You are in the right place! In this article we will discuss various ways of earning money from your blog which will give you an overall idea about converting your creative works into money.

Let us assume you have just created your blog in any platform Blogger or WordPress or in any other way. Your next goal is certainly about extracting some form of income out of it. There are whole bunches of ways to make money from your blog which are sometimes very hard to achieve and sometimes people become the very players within a very short span of time. The reasons I will cover in my future post; here I will try to discuss the basics which will give you the links to dig to the depth.

    Read Also Following Articles For Better Understanding:

1.Advertising Networks:The Best Possible Way Of Monetizing A Blog

Advertising probably is the best, reliable and prime source of making money from a Blog. Almost every Blogger uses Advertising in their blogs to monetize their contents. There are enormous amount of online Advertising company/platforms and you can find your one which suits you the best. There are some key players in the market namely Google’s Ad-sense, Infolink, Chitika, Media.Net, VigLink, Clickbank, etc etc. Every platform has its own terms and conditions and specifications. For example, some needs a high traffic in your blog where some has very strict rules for approval of sites and content monetization. 

Google’s Ad-sense, if we take as an example, has very strict rules terms and conditions being the most popular content monetizing Ad network. It is the basic requirement that your blog should be at least six months old. Again your age should above of 18 years. There should not be any sexual /adult or pornographic contents in your blog to use this Ad network and also your blog should not be spreading any hateful elements etc. Ads are varies in nature and appearances. For example there could be text ads; they could be an image or audio-visual or combination of these. Other ad network like Infolink has an in-text ad format where viewers hover over the specific in-text ad link, the ads appears and so on. You can dig further as per your requirements.

The setup up processes of all ad networks is almost same. You need to sign up to these ad network sites following their specific instructions and submit your application and once your site fulfills their requirements, your application is accepted and you get the html codes of the specific ad formats and you use those in your blog. If this seems a bit complicated to you right now, don’t worry at all. You will be assisted by your ad network service provider step by step when you follow their website as your application is accepted; therefore I am not going to discuss those in details.
    
    2. Affiliate Marketing: A Monetizing Strategy

Affiliate Marketing is the second most popular way of earning money from a blog that most of the successful blogger uses to monetize their contents. If it sounds complicated, imagine you have a blog where you write about latest technologies or smart phones or you write reviews on cameras in your blog. When you write the review article, you simply give some links in your article to the viewers where they can purchase the product if they want and the companies pay you some commission on each sale happens with the consumer recommended by your blog post or blog.

The age is now of e-commerce marketplaces; people are now more engaged in online purchases of goods and services then before. There are a lot of global online marketplaces like Amazon, Toabao, Ebay, Alibaba, Flipkart etc who are providing Affiliate Marketing facilities. First you are required to become an associate by signing up the respective websites and once your association is confirmed, you are free to promote their products in your blog.

Note that the best result of Affiliate Marketing can be seen if your website or blog has a good traffic (Traffic is the amount of daily visitors to your blog). It is simply because the more viewers reads your article, most likely they purchase the products followed by your provided links.

3. Donations: As Content Monetizing Option

Let’s assume you are a social worker, you work for the development of your society. You visit all around and study the prevailing order or you work for the poor and you write about them in your blog. You can put a donation link in your blog as you really want to make some difference in your society and in the lives of their vulnerable poor along with your writings works. But for that you really need to be well established, well proved and legitimate with your work, your online presence and your blog as no one is going to make some donations to a random guy or a blog.

To get donations your blog doesn’t have to be a social work related or you don’t need to be a social worker, what it matters is the quality contents of your blog which influences the lives of the readers. If your writings, your contents, your blog posts are making some difference in the lives of the readers; if you are making some really good efforts to teach the readers something new they don’t know which make them run their life better than before; some beneficiary baron around the globe will definitely pay you for your hard work.

Never think it is disgraceful getting donations or adding a donation link in your blog; giant Wikimedia and its subsidiaries including Wikipedia or controversial Wikileaks (Note: Wikileaks doesn’t have any relation with Wikimedia or its subsidiaries and its controversy is not because of donations) are running only on donations. Donations are just another form of valuation of right and worthy works in online platform. So if your articles have those above characteristics, go for it.

4. Sponsorships: How It Works

Sponsorships are also very profitable ways of making money from your blog. Sometimes incomes from sponsorships are manifest in nature but most of the time sponsorships are latent but profitable source. The reason you will understand when you understand what is sponsorship.

Sponsorship is an another form of advertising where you promote or advertise some product of a producer because you are an influencing personality or a platform and a lot of people follows you and the company approaches you for the same pays you a handsome amount for the task. I wrote sponsorship as a source of income is often latent because in order to get sponsorship you and your blog needs to be popular among the readers’ community or the topics you choose to write in your blog and must have a huge traffic. It is because when you see from the company’s point of view, the product of which you are promoting, the company needs to place their product in front of millions if not thousands of consumers through your blog whom they like or follow.

Therefore it is obvious that you must have a good image and traffic and a lot of followers which is only possible after a long term and dedicated commitment to your blog. Apart from that logical reason, most of the popular blogger who has a huge number of followers find themselves mostly attending events-shows or concerts promoting and so those incomes come from outside of their blogs. However bloggers gets many offers from producers to promote their products directly in their blogs.

5. Advertisement Invitation: An Another Option

This is very similar to Sponsorship where you place an invitation notice or you a link in your web site to those viewers who wants to promote their product-services through your website or blog. They could be local business nearby or someone in the opposite side of the world. You can create a button or a link or a page namely ‘Advertise with Us’ providing terms & conditions and all other information. 

The logical reason behind it is the same, you have a huge traffic and they want to promote their product. The difference is with sponsorship is, in sponsorship you are invited by the producers or companies to promote their product and here the producers and companies are invited actively by you on the basis of a contract of fix or flexible sum.

I hope you have leaned something and if you liked the article you can subscribe to the blog for further articles and you can share with your friends who you think in need of such. If you have questions do not hesitate to ask in the comments.
     
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