GrowthBank Blog - Thoughts on Content Writing and Marketing

5 Proven Ways to Make Money from Your Blog

Written by Richard Walsh | Nov 17, 2022 7:00:00 PM

If you're interested in making money from your blog, then this article will give you some ideas on how to start earning cash online.

1. Build an email list to market to.

One of the easiest ways to make money from a blog is by building an email list. This means that you collect emails from people who visit your site and send them regular newsletters with tips, tricks, and other helpful information. You can also use these lists to promote products and services related to your blog.

If you want to build an email list, there are two main options available to you. The first option is to create a free opt-in form at the bottom of each page on your website. This allows visitors to sign up for your newsletter without having to leave your site. The second option is to offer something of value in exchange for people signing up for your mailing list. For example, if you sell ebooks, you could offer a discount code for new subscribers.

Both methods work well, but the best method depends on what kind of content you publish. If you write blog posts, then offering a discount code for new readers is a great idea. However, if you post videos, then offering a discount for new subscribers is a better choice. In either case, you should always include some sort of incentive for people who sign up for your mailing list, because otherwise, you won’t get very many subscribers.

2. Promote products with affiliate programs.

Affiliate programs allow bloggers to earn commissions when readers click through links and purchase items advertised on their sites. There are two main types of affiliate programs: those that pay per sale (referred to as “PPS”) and those that pay per lead (referred to as "PLS"). PPS programs typically offer higher commission rates than PLS programs, but they require more work on behalf of the blogger.

If you want to promote products using affiliate marketing, there are several things you should know before getting started. First, you must decide whether you want to use a PPS program or a PLS program. The most popular affiliate programs are PLS programs because they provide higher commissions. However, if you choose a PLS program, you'll be responsible for generating leads and converting them into sales. You'll also need to set up a landing page where visitors can sign up for your newsletter or download a freebie. Once you've done that, you'll need to create content that promotes the product. Finally, you'll need to track which posts generate traffic and convert into sales.

Affiliate marketing is one of the best ways to earn extra income online. In fact, according to HubSpot, affiliate marketing is the second highest-paying form of advertising after search engine optimization (SEO). And while many people think of affiliate marketing as being limited to selling other companies products, it doesn't have to be that way. There are plenty of opportunities to get paid for promoting products you love. For example, you could sell other people's products, offer your own services, or simply share information about products and services you find interesting.

3. Sell advertising space on your blog.

If you're not familiar with selling advertising space on your blog, here's how it works. You set up an ad network account with Google AdSense, then place ads on your site. When visitors click on one of your ads, they will be redirected to the advertiser's website. The advertiser pays you a percentage of each sale.

Selling advertising space on your blog is a great way to earn extra income from your hobby. In fact, some bloggers report earning more than $1,000 per month or more from this method alone. To get started, simply sign up for Google AdSense at www.google.com/adsense. Once you've signed up, you'll receive instructions on how to add your ads to your blog.

It's important to note though that you need to have enough existing traffic going to your blog in order to apply for an AdSense account. If you don't yet have a lot of traffic, then you can promote your blog on social media or other websites to generate more traffic. Once you have enough traffic, you can apply for AdSense.

4. Offer paid subscriptions or memberships.

Paid subscriptions and memberships are another way to monetize your blog. This method requires more work than simply placing ads on your site, but it also provides greater flexibility. With paid subscriptions, you offer different levels of access to your readers. For example, you might charge $10 per month for premium access to your blog posts or additional content, while providing a subset of that content for free access.

If you decide to go this route, be sure to include clear instructions on what each level of membership entails. You should also clearly explain why people would want to pay for your content. For example, if you write about fashion, you could offer a subscription that gives users access to exclusive discounts from your favourite retailers. Or, if you write about cooking, you could offer a monthly newsletter that includes recipes and other helpful information.

If you choose to offer paid subscriptions or memberships, you must be prepared to handle the financial side of things. You will need to set up a payment system and collect payments. You will also need to keep track of who has subscribed and how much they have spent.

5. Use your blog to drive traffic to your other online ventures.

If you're not using your blog as an additional source of income, then you're leaving money on the table. In fact, according to HubSpot's State of Inbound report, nearly half (48%) of marketers who use blogs say they generate at least some revenue from them. So, start making money today by turning your blog into a lead-generation machine.

One of the best ways to use your blog to generate leads is by placing forms on your site. You can use these forms to capture email addresses, which you can then use to send out regular newsletters or promote products and services. You can also use your blog to drive traffic to your other online ventures, such as your eCommerce store or your social media accounts.

Another great way to use your blog to generate leads is to offer gated content. Gated content is content that is only accessible to people who provide their contact information. For example, you could offer an ebook in exchange for an email address. Or, you could offer a webinar that people can only sign up for if they provide their contact information.

There are many different ways to monetize your blog. The best method for you will depend on your blog's content, your audience, and your goals. However, all of the methods mentioned above are great ways to start earning extra income from your blog.

So, what are you waiting for? Start generating revenue today!