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Six Ways to Make Money With Your Blog

July 11th, 2011 by shawn · 14 Comments


The following guest post is written by Eric Siu, a los angeles seo consultant who has done SEO work for companie such as Toyota and Symantec.

If you have a blog that gets any number of readers, you could be bringing in some extra money by monetizing your blog’s traffic. The general formula for making money with a blog is to provide readers with advertisements and offers that they will be interested in based on the subject matter of your blog. This is the easiest to pull off when your blog has a central focus on one niche or industry since you can be sure all of your readers will have one common interest. What follows is a number of ways you can use this basic formula to make money from blogging.

Method #1: Contextual Advertisements

It seems like almost anywhere you go on the web, you’ll see advertisements from Google AdSense, Clicksor, adBrite, and other contextual advertisers. These ads are so popular because they work really well. Because these ad blocks will show advertisements based on keywords in the content of your blog, you can be sure that you’re always getting relevant ads that your visitors will be interested in. This means more money in your pocket since your readers will click on ads more often.

Method #2: Paid Sponsors

If you have a lot of readers, it’s a pretty straight-forward process to get sponsored by companies that offer products and services for the industry or niche your blog covers. By writing to these companies asking for sponsorship, you’ll be taking the initiative in monetizing your blog. The worst thing that can happen is that they say no. That is a break even scenario, so don’t be scared to ask. If you do get a sponsor, then you should be very clear about the terms of the sponsorship. Many sponsors will ask that you put their logo on any media that is attached to your blog, which is part of the general idea of overall sponsorship and will bring you more money.

Method #3: Direct Advertising

Instead of presenting sponsorship opportunities to companies that would be interested in communicating with your reader base, you can offer them advertising space instead. This comes across as a win-win situation for the companies you’ll be contacting since they will get exposure and you will be compensated monetarily. If you don’t want to go out on your own to negotiate with big companies about advertising deals, there are always advertising brokers available on the Internet that can get you set up with a minimal amount of fuss.

Method #4: Promoting Affiliate Programs

No matter what niche or industry your blog covers, there are sure to be quite a few affiliate programs available for products and services that your readers will love. When you’re promoting affiliate products and services on your blog, you can often get special discount codes for up to 10 or 20 percent off. These discount codes will double as your affiliate tracking code, so you don’t have to worry about another affiliate getting credit for the sale using your discount code. If you split test and work the numbers, you can quickly figure out which affiliate programs perform the best with your blog’s reader base, and this process will help you to maximize your earnings.

Method #5: Build a Mailing List

Building a mailing list really serves two functions. The first function that a mailing list serves is that it gives you multiple chances to sell to the same people. This will dramatically increase your profits if you are promoting affiliate programs or some other product or service. The second function that a mailing list serves is that it increases the number of repeat visitors to your blog. Unless someone adds your blog to their RSS aggregator or bookmarks it, they can easily forget about your blog and never see it again. However, if you prompt them to sign up for email updates from your blog, you’ll have them coming back over and over again. More repeat visitors means more advertising money and more money from sponsors, so building a mailing list can improve your profits no matter what monetization method you use.

Method #6: Accept Donations

Many people are willing to donate some money to an entertaining blog that supplies quality information. Most electronic wallets like PayPal have an easy setup process for accepting donations that usually only takes a few mouse clicks. If you set this up on your blog, make sure that you put it where your readers will be able to see it after finishing an article so that you maximize the chance of getting a donation.

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    14 Comments

    2011-08-06 10:14:45

    Make sure that you write at least once a day to keep your blogs fresh. Without fresh contents Google will seldom visit you and your chances of being seen will be minimal.Focus on just a few keywords and keep adding your keywords as there are new topics that unfolds.

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    2011-08-29 07:01:37

    I think it’s also very important to break up your posts and articles with attractive photos/images. It gives the reader time to breathe!

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    Comment by ingowang
    2011-08-30 03:21:12

    yer.i thike.Rewarding

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    Comment by Facebook 2050
    2011-09-15 13:23:50

    I think that this site contains lot of info about my desired information which is must for all like me. I like it. Your site is also informative. I enjoy your article. I don’t see this rare site in the internet. Your exclusive article & effective services are more necessary for me. So I’m happy to read it.

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    Comment by botan
    2011-09-20 10:24:11

    How do I know the pot turkey:))

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    Comment by jacque smith
    2011-09-20 13:11:03

    Do you actually want to monetize your blog? Some people have strong personal feelings with respect to making money from their blogs.

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    2011-09-22 11:52:30

    I think blogs like these are useful, inspiring and certainly help people wanting to get into the industry of cashing in on a blog.

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    Comment by mirglory
    2011-09-22 17:08:15

    Good blog. Placement of articles on how to order additional income.

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    2011-09-23 08:47:40

    Great article, revenue streams and the increas of these are becoming more and more these days.

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    2011-09-23 11:31:52

    Thanks for sharing this information. Great blog some very useful information contained within this website.

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    2011-09-23 11:40:11

    This website has answered our questions. The articles contain lots of valuable information.

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    Comment by George Anderson
    2011-09-26 04:10:11

    I like this six ways. Your article is very informative.

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    Comment by gables estates
    2011-09-30 10:55:52

    Managing the mailing list is very, very important since real communications starts from there. Things can get really messy if the mailing list is not organized. Promoting affiliate programs sounds very appealing, since I’ve joined some affiliate programs I can understand how advertising such programs can benefit the blog owner.

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    Comment by seslieses
    2011-10-01 15:03:25

    I think that this site contains lot of info about my desired information which is must for all like me. I like it. Your site is also informative. I enjoy your article. I don’t see this rare site in the internet. Your exclusive article & effective services are more necessary for me. So I’m happy to read it.

    (Comments wont nest below this level)
     

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