Want to master how to monetize a blog in 2022? If you’ve been writing blogs for many years or just started, now is the best time to make money from blogging. Follow these tips to monetize your blog and start earning money online fast.
In the beginning, making money off of a blog sounds hard and required complicated solutions. Starting a blog is a simple way to make money online. You can learn how to start a blog here.
Those willing to work hard can get in with very little trouble. After making some money, review and move on to jobs that pay more. And one such thing is learning how to monetize a blog.
What does it mean to monetize a blog?
Before you can learn how to make money from your blog, understand blog ways to make money.
Blog monetization is the process of making money through your blog.
Using many different tools, you can make money from blog articles and other article content. This blog will provide a detailed overview of how you can monetize your blog content. Be eager to practice how to monetize a blog while working from home.
What blog niches make money?
Almost any blog or website can make you earn money online if you know how to monetize a blog. Most people who create blogs are passionately excited about the topic they choose.
Many successful bloggers (entrepreneurs) have created specific blogs that make them money month by month. Some are not experts in their chosen niches, but they are consistent with Blogging.
There are ten blog types common to bloggers – to make money online fast.
1. Blogs that offer services
2. Blogs showing Display Ads
3. Courses for sale on blogs
4. Affiliate marketing blogs
5. Membership websites
6. Blogs that offer consulting
7. Ebook sellers
8. Blogs displaying digital products
9. Blogs promoting physical products
10. Sponsored content blog
Each type of product has its advantage, so be sure to understand them before you settle for your preferred one. Being interested in any subject matter is a great asset to earn money online.
You can blog on any topic you like, but certain niches consistently make the most money.
These are the most lucrative niches.
- Personal finance
- Blogging for business
- NFT and metaverse
- Fitness and health
- Education and learning
- Home Improvement
- Make it yourself and make it your own
- Outdoors and travel
- Digital Marketing
You must first be interested in the niche and understand it before choosing a niche. Then, plan your future with a clear goal to make money online. Once you start a blog and get some traffic, you will begin to earn money online with ease.
How much can a blogger earn from blog monetization?
Pro bloggers earn different amounts of money, but blogging income depends on two factors. Every other factor aligns with these two.
- Blog traffic
- How to monetize a blog
We’ve gathered information from official reports and studies to estimate the amount of money you can make as a blogger.
ConvertKit‘s 2017 Blogging Report says that blog entrepreneurs make a median of $140,000, while small bloggers and newbies make between $8,000 and $12,000 yearly.
Digital Nomad Wannabe created a social media community so they could do their survey there. Over 600 people filled out the survey. Everyone who was asked thought that Blogging could help them make money online.
The DNW says that 73% of bloggers earn money online from their blogs. This is good news because it shows the high probability for success. So, you stand to make money online above $10,000 within nine months if you put in the work.
How to monetize a blog for beginners
Blogging.org says that only 8% of blog owners make enough money to care for themselves and their families. These results are very similar to the outcomes of other surveys.
Importance of Income Reports for beginners
Case Studies: Blog Owners Income Report
This list shows how much bloggers make each year of blogging.
- Huffington Post $500m
- Engadget $47.5m
- Moz $44.9m
- PerezHilton: $41.3m
- Copyblogger $33.1m
- Mashable $30m
- TechCrunch $22.5m
Okay, these blogs are made. But there are newbies who started their blogs simply to make money online, how are they doing? Smaller blogs have the potential to make money after monetization.
These are monthly blog profits for some popular niche blogs.
- Making sense of Cents (frugal living): $100,000
- Yum blog (Food): $62,000
- A Girl and Her Blog (Lifestyle): $42,000
- Treasure Gnome (Amazon, Shopify, & eBay sales): $9,500
- While she Naps blog (sewing): $3,000
These examples show that you can do it. You can make passive income blogging. All that is required is a commitment to your blog. Pick an easy-to-rank niche and have a clear goal and strategy to follow. Also, you must master how to monetize a blog and implement it.
When should I monetize my blog?
Simple, monetize your blog immediately you know how to monetize a blog. There is no ideal time. Blogging is a progressive business.
Many affiliate programs and advertising networks don’t have an exact number of people you should reach (or how many visitors you receive) before they allow you to register with them.
Meanwhile, read and follow their guidelines before you apply. Doing so will boost your chance to get your application accepted.
Because of their low entry barriers, Amazon Affiliate Program and Google Adsense are the best way to get started with blog monetization.
- Google Adsense initial approval: Your blog must have at least thirty unique articles. However, we have experienced new blogs get approval with fewer blog articles.
- Website approval for those with an existing Adsense Account: To submit your new blog to Google for Adsense, you will need 10-15 articles. Copyscape must approve the content, and Google may ask you to fix it and reapply.
- Amazon Affiliate Programme: A website, blog, YouTube channel, app, or website must be active. You can make your blog appear active and authentic by having some content already on your site.
Once you have the following items in place, you can apply for affiliate programs and other display ad networks.
- Consistent traffic (Note: Some networks require that you meet certain minimum thresholds).
- An extensive email list
Don’t hesitate to get started once you put the above two things in place.
12 Ways to Monetize a Blog to Earn More Money
It’s time to learn how to make a blog profitable and earn money from it. Let’s look at all the effective ways to monetize a blog immediately when you have content and traffic.
#1. Sell physical products
A dedicated blog audience is a huge advantage when selling physical products. Selling physical products online eases the cost of running a brick and mortar shop.
What are physical products?
These are tangible items. Physical products are hard goods. They include merchandise, apparel, and physical goods you can offer to your subscribers and followers.
Types of physical products
You can sell a profitable variety of tangible merchandise and products to your audience and subscribers.
Here are some examples of tangible items you could sell:
- Greeting cards
- Caps and hats
Can you earn money online selling physical products?
You can earn unlimited amounts of money selling physical items on your blog. Remember that Amazon began as a digital bookstore. Look at where it is today.
So, get started and do all the hard work. Leave the how’s and why’s and forge ahead. The money will come as soon as you monetize your blog. You can earn as high as $100,000 monthly with your blog; give it time.
Meanwhile, two things determine what you can earn from selling products online:
- The size and demographics of your market
- Product promotion
How to start selling items on a blog?
Woocommerce is a WordPress plugin that allows you to sell physical products from your blog. You can also create a digital store on Shopify.
Printful is a good service that allows you to print-on-demand items, like mugs and t-shirts. This will allow you to start selling printed products with no inventory. It works by uploading a perfected design to Printful. The company then prints it based on request/order and sends it to your buyer.
However, Printful can be used to create an Etsy shop and expand your market. Etsy is a visual search engine that allows you to start selling immediately without spending any advertising.
Why selling products is a great way to monetize a blog.
It is creative to offer physical items to people you already know. They’re probably reading your content to enjoy what you put out there. There’s a clear chance that they will appreciate the physical products you sell.
Besides, physical products are more than just another income stream. From experience, product sales can surpass a blog’s revenue when done properly.
#2. Sell Digital Products
If you still haven’t figured out how to monetize a blog, selling digital products is a model to start. Just as I explained about physical products above, sales of digital products can be overwhelming too.
Similarly, selling digital products on a blog is a game-changer to earn money online. All you need is to set up your blog and get the traffic. With time, you will be making money on autopilot using automation tools.
What is a Digital Product?
Digital products can be used online but are not physically tangible. The products can be delivered via technology or by software.
Usually, the buyer downloads the product to an electronic device, cloud storage or directly to a computer work station.
Types of Different Digital Products
These are just a few trending ideas and examples of digital products.
- White papers
- Online courses
- Webinars (live or recorded)
- Art downloads
- Download music
- Audio recordings
Can I make money selling Digital Products on a Blog?
Your potential profit margins are virtually limitless when you have digital products sampled on your blog. It is not rocket science to start, but the sales can be mind-boggling with the right audience and traffic.
How to sell Digital Products on a Blog
When it comes to making sales on a blog, the bulk of your effort goes into the research and creation of the digital products. It is not the traffic; it is the quality of your digital product.
While you need to consider creating digital products, think of the creative aspects needed to produce a high quality product.
Moreover, once you perfect your digital product, upload it to your blog and provide payment methods for potential buyers. One or two WordPress plugins will do the trick.
You can also go on Etsy and create a shop. Set up your profile and upload your products. Etsy offers excellent tools you can use as a newbie to sell digital products. Link your blog to Etsy.
You can also create an account on Shopify, and set up your digital products. Do not limit yourself to these two platforms online.
In addition, get on social media and promote your digital products. Instagram and Pinterest have great communities to help you get started.
Are digital products sale a good way to monetize a blog?
Digital products typically have lower overhead costs. The main resource for creating a digital product is usually the time involved.
These are just a few of the many reasons you should monetize your blog with digital products.
- Good profit margins, as you receive more than 90% of the sales proceeds.
- Sales and possible automation with tools.
- Once everything is set up, passive income will be created.
#3. Ad Networks
You will first need reasonable traffic to your site if you want to master how to monetize your blog with ad networks. This monetization model is one of many easy and effective ways to earn money online from a blog.
What is a Display Ad Network?
It is a Network that connects webmasters with businesses and organizations who want to place ads on spaces on your blog.
Similarly, ad space is what you gather and match with the advertiser’s needs. Ad inventory is the amount of space available on your blog for advertising.
How do Advertising Networks work?
Advertisements are sent via a central database, allowing publishers to display them in different ad formats and targeting options.
Most Advertising networks offer unique tools for tracking and reporting that aren’t available to single advertisers.
Publishers can earn more money selling their inventory, but they can also benefit from an advertising network that allows them achieve maximum fill ratio. Fill rate refers to the time taken to use ad inventory.
Advertisers can target specific consumer groups with advanced targeting tools through ad networks. Any of the following parameters is possible to target potential consumers.
- User behaviour (Based on cookies)
Types of Ad Networks
Talking about display ads, an advertising exchange is a marketplace for advertisers and publishers. It purchases bulk impressions and then makes them accessible to advertisers and subscribers.
Most advertising exchanges allow for automated buying and selling of potential ads. It uses real-time bidding (RTB) technology to deliver all the ads in different formats.
Managed Advertising Network
Most affiliates of managed ad networks act as consultants and help ensure that advertising campaigns run smoothly.
Self-Serve Advertising Network
Self-serve advertising networks allow media buyers, affiliate marketers, website owners, app developers, and media buyers to achieve their marketing targets by increasing their ad usage.
Can I earn much from Display Ad Networks?
Many Advertising Networks calculate revenues based on how many pages you view (RPM).
However, these are the two key factors determining what you could make from an advertising network.
- Your blog average RPM (ads)
- Your blog traffic
Blog owners often cite a median RPM value of $20. However, this number can fluctuate and depend on many factors.
Moreover, these averages below will open your mind to where to start when calculating your potential monthly revenue earnings.
- Low earning ads: $1-$5 for 1,000 impressions
- Medium earning ads: $6-10 for 1,000 impressions
- High earning ads: $20-$100 for 1,000 impressions
How to monetize a blog with display advertising
It is easy to monetize a blog with display ads. The integration is simple and straight forward. There are several tips to follow to integrate the ads.
Working with popular ad networks, you will be provided with CSS codes or a WP plugin to insert ads in your blog’s ad inventory.
You can also manually input the code snippets in the locations you want the display ads to look on the blog.
The Best Display Ad Networks You Should Try
While many ad networks are available for publishers, we will focus on the top rated display ads: Google Adsense, Mediavine, Adthrive, and Ezoic.
Using Google Adsense is awesome. It is the most popular way for publishers to start monetization. It does not have any traffic benchmark, so there is no barrier to application.
Additionally, note that Google Adsense is less profitable than many other publishing networks. Most high-earning bloggers tend to abandon it for other alternatives which pay better.
Setbacks of Google AdSense
Google Adsense does not offer customer support. This can make it frustrating. Google pays its customers about 20-25 days after the month ends.
The payment threshold for this program starts from $100.
Adsense approval may be difficult for some publishers. There are Google Adsense alternatives that you can try in this instance.
Mediavine requires that you have at least 50,000 page views per month to be eligible. Once your ad account is approved, you can begin to earn money online.
They produce high-quality ads and are known for their excellent customer service. Mediavine is loved by publishers who say it has the best reporting dashboard and is easy to use.
However, Mediavine will pay you after 65 days.
Adthrive is a hugely popular network for advertising. They offer quality ads with optimized placements so that you can make more money with your blog. They can even show you ads that are the most profitable.
Meanwhile, Adthrive pays NET45, which is the standard in the display ad industry. And they require that you have above 100,000 page views per month to be approved.
We recommend Ezoic for smaller publishers. You don’t need to have 10,000 pages per month to be approved for this advertising network. They have now removed the minimum requirement, which is great news for new bloggers with well-researched content but just starting.
Ezoic’s earnings aren’t high compared to Adthrive and Mediavine, but they’re still better than Adsense. They pay Net 30.
Ad Networks are great ways to make money online.
While there are more advantages than disadvantages to monetizing through ad networks, it is a viable option to ensure your display ad inventory remains in use.
A few ad networks also pay very high like publishers would if they lease their inventory to individual brands.
Working with an ad network has the primary advantage of guaranteeing at least a 100% fill rate.
#4. Selling digital services
You can read and learn a lot of stuff by having a blog if you are a great writer and editor. You will also need some technical skills if you build your website. With some expertise in your field, start selling digital services on your blog.
What is a digital service?
Digital Services are intangible goods offered to one person or company by another. The list is long, and you can craft your expertise into a digital service.
Different types of digital services you can sell
There are many situations where people or brands might need more of your expertise when blogging.
You might be able to offer your coaching services if you’ve overcome obstacles and can help others do the same. Coaching someone is a way to use your skills and experience to help them solve their problems.
Additionally, you can package your skills and offer them as a service. This is necessary if you are already making money from your expertise by publishing books, podcasts or writing blog posts.
Coaching is different from consulting because it is usually a service that a company purchases and a few individuals.
Many companies aren’t looking to hire a full-time employee for specialized work. They prefer to work with consultants for specific projects. You can monetize a blog with your consulting services.
How to monetize a blog selling digital services
It all depends on the type of service you provide and what industry and the niche you belong to. I have seen bloggers that monetize their blogs to earn above $100,000 a year as a consultant for startups and women entrepreneurs.
It is easy to start selling services.
To get started, use the Free Digital Downloads as a Service plugin to sell services. Get to the backend of your blog, and install the plugin. It is as easy as that.
Is selling digital services a great way to monetize a blog.
Yes, selling digital services is a great way to monetize a blog and earn more money online. A service page can be created on your blog. Once you have it in place, immediately promote your digital service on social media.
#5. Create a course
Selling an online course is a great way to make money with your blog. You might not consider yourself an expert in any particular field, but that isn’t true.
Besides, you’ve likely spent days researching your niche. This is more than any average Joe who just started.
You don’t need to be a professional to make money teaching others. You can work to become versatile on a topic in just eight hours. This doesn’t mean you can be a copywriter or artist in eight hours.
However, for certain topics, you will find that a few days of research on the internet will help you to be more knowledgeable than other people about that topic.
According to the Harvard Business Review, it takes about six months to master a new hack or technology and be able to teach others. You need to have expertise in the topic you are creating an e-course on.
These are the steps to follow to do this.
- Assess your readiness to learn a new hack.
- Make sure that your information is accessible to the right audience. You will need to do market research to achieve this.
- Get active. Add more insight to your existing knowledge.
You can turn your expert proficiency into an e-course you can offer.
What is a digital course?
A digital course is an online course, or an e-course. They are courses taught online and not in the traditional way. Most e-courses are prerecorded and some offers live sessions online.
Online courses allow learners to learn at their own pace and place, which is great for those who are flexible.
What is the process of selling an e-course?
First, put up your idea and make a plan to sell your online course.
Ask yourself questions.
- What is it that I know deeply than most of my readers?
- Is there any topic I can explain easily to someone unfamiliar with the topic?
- What can I do to make myself knowledgeable on a subject I know so well?
- What information or skills have I gained from my past and current jobs?
- Do my current customers have problems I can solve?
- What advice or comments do my readers and followers seek?
You can do these things to find out more about your audience needs.
- Your audience can take surveys. Ask your audience what they want to know. Use survey tools such as Survey Monkey, or send a survey email to your subscribers and expect their responses.
- Keep up with your blog comments and social media replies.
- To find out trending thoughts people are searching about, use Google search, Google Trends or Answer Socrates.
Once you have a clear, concise idea of what you can share with others, you can create your e-course. An online course is a great way to monetize a blog.
Hosting your e-course
A WordPress LMS plugin is required to host an e-course.
Different plugins offer different features, so make sure you thoroughly research all of them.
These are some of the most used LMS plugins.
- WP Courseware
- Good LMS
- LearnPress (free + premium)
- MasterStudy LMS
- Tutor (free + Premium).
- Lifter LMS
- Namaste! LMS (free with Premium Options)
Third-Party e-Course Portals
Are you looking to sell your e-course through an external platform to grow your audience, drive organic traffic to your site, and help you build your brand?
These are the best online e-course platforms to help you create and promote your e-course.
- MemberPress Courses
- Creative Live
- Mighty Networks
These platforms may charge a monthly subscription or keep a portion of your profit. It’s worthwhile because it gives leverage to help your brand to grow.
Different types of e-Courses
There are eight types of online courses.
- Mini-course: A short course that your audience can go through in less than four hours.
- Interactive e-Course: It gets your audience hooked as they go through the course.
- A self-paced e-Course: This course allows people to learn at their own speed and pace using video, presentations and text.
- Written e-Course: For those who enjoy old-fashion learning models.
- Webinars: Accessible and interactive online courses that can be recorded and stored for further learning and reference.
- Masterclasses: These are high-quality expert e-courses.
- Email e-Course – Send your subscribers’weekly or monthly course modules over a period.
- Boot Camp: It’s an immersive learning experience for any target audience and community.
How much will I make promoting e-courses?
Selling e-courses can make you a lot of money. According to Newswire, predicts that the e-learning market will reach $325 billion in 2025.
Joseph Michael is one of the highest-earning online course instructors. Michael started his venture with a blog on learning life hacks. He kept it going for six months before monetizing it with an e-Course?
To create and sell an e-course
Create time in small lots to do your research and create your e-course. It must not be immediately you decide. Give it time and do the hard work.
First, pick your subject and niche down to your expertise. Narrow down your topic, then make it broad. Broad subjects always have more competition.
Develop more than average expertise. Be sure about what your target audience wants to solve and how you will deliver the solution in your course. Feel free to use the most effective type of e-course you prefer.
What makes selling an e-course a great way to monetize a blog?
You’ve likely become great in your niche and other niches by blogging about it consistently.
These are the top three reasons why selling an e-course can be a great way to monetize your blog.
- People passionate about your blog content will spend more money to get more insight from you.
- Your blog already shares your knowledge. An e-course will allow you to elaborate your hacks and sell your knowledge to your subscribed readers.
- Your e-course can be used to help you turn your attention to another monetization stream, such as selling one-on-one consulting and coaching.
#6. Display Advertising
Sometimes, display advertising is criticized in the blogging environment. Some claim that it’s impossible to make money from it.
Sometimes, critics might be right.
Display ads are still a viable way to make money online, and their existence and testimonies are my proofs.
What are Display Ads?
Display advertising is a video or image ads people see when they visit blogs, apps and surf through social media. With streaming becoming more popular, Hulu advertisement and YouTube ad choices are available.
Similarly, display advertising can also be described as any type of digital ad, including paid search ads and audio-only ads.
How does Display Ads work?
Display advertising is used to promote brand awareness and promotional sales. It also promotes visual content, specific brand products, or apps to be purchased throughout a website visitor’s time surfing. The ads are mostly static or animated.
Most display ads often are linked to marketing funnels, which is the first marketing that makes website visitors see a brand.
Different types of display ads
Display advertising come in many forms. These are the most popular display ads I have found – sidebar ads, banner advertisements, newsletter and in-content ads.
These four components make up display ads:
- Call to action (button)
- Media (image, video)
1. Banner ads
Banner ads have appeared on the top of most blogs and websites traditionally for years now. Some can be placed at the bottom of websites occasionally.
You may also see banner ads displayed in apps and videos.
2. Sidebar ads
Sidebar ads mostly appear vertical. They look similar to banner ads, except for the difference in orientation. These ads can either be vertically long or short.
Sometimes, these display ads are called ‘Right Rail’ while others describe them as skyscraper adverts when they appear high and long.
3. Ads with In-Content
These set of ads can be as simple as the name implies. The ads are embedded within the content.
They can be either a native advertisement in some cases or a display ad. And they are effective in monetizing blog posts.
4. The Newsletter Ads
Sending emails, you can include a display code snippet in your newsletter to promote a brand or business. That is how newsletter ads work.
Display advertising can also be used for:
- Video display ads
- Display ads that respond to your needs
- Dynamic display ads
- Advertisements with overlay
- Native advertising is ads that look like a publication’s content.
- Ads for companions
- Rewarded ads
- Interstitial ads
- Ads for Lightbox
Display Ads: How Much Money Can You Earn?
Display advertising revenue depends on how many pages you view (RPM).
Two things are necessary to calculate the potential profit from your display ads business.
- How many website visitors do you have
- Your average RPM
It is worthy to note that RPM can fluctuate daily and weekly. This is the challenge.
Other factors can impact your RPM.
- The type of your blog
- What Display Ad network is on your blog
- Seasonal changes
- The number of ads you are displaying per time
- The length of your content
Blog owners have reported monthly RPM rate of $20. This rate varies according to time of year and season.
You can use these RPM numbers to determine how much you should earn from the displayed ads on your blog.
- Low Earning Blog: $1-5 for 1,000 impressions
- Medium Earning Blog: $4-10 for 1,000 impressions
- High Earning Blog: $40-$100 for 1,000 impressions
How to monetize a blog: Set up Display Ads
One of the quick ways to make money is by putting up display ads on your site or blog.
Your ad partners almost always do display advertising. They will provide you with a code snippet to add to your blog theme.
Why Display Ads is a great way to monetize a blog.
Using Display advertising has become one of many effective ways to monetize a blog. Display advertising is ranked among the top marketing models for funnels.
Moreover, Display ads are often the first hint potential customers see to inform them about a brand. They can be a valuable tool in any stage of the marketing funnel.
Display advertising can be a key component at any funnel stage and help make money online for your blog. Displaying ads is a great place for you to start before moving on to higher-paying monetization options.
#7. Affiliate Marketing
I recently read a survey result on remote working, citing the question: “How can bloggers earn money?”
Respondents revealed that 70 percent of blog owners believe affiliate marketing to be the most used model to monetize a blog.
Lots of bloggers are now familiar with Amazon Affiliate Marketing Program and other affiliate marketing networks.
Amazon is cool. It has a brand for affiliates to embrace. Also, note the other major ways to earn affiliate income out there.
What is Affiliate Marketing?
Affiliate marketing allows publishers to earn commissions for promoting products or services made by other retailers or advertisers.
Affiliates (publishers) get a percentage of any sale.
Referral marketing is often used to refer to affiliate marketing in some climes.
How does affiliate marketing work for blogs?
Affiliate marketing is essentially selling. The affiliate service or program owner will provide you with a unique code (for tracking) if the visitors purchase an item. It is used in some situations to make a sale. This could be a survey, app download, or lead.
As a publisher, you can join affiliate programs for free. There is no need to fret about starting costs. If you’re looking at how to monetize a blog quickly, affiliate marketing is a great option.
Three Types of affiliate marketing
Affiliate marketing can be divided into three types: unattached (related), related, or involved.
Unattached means that you don’t have authority over the service or product niche you’re marketing, and there’s no connection between you and the customer. A tech blog that puts Amazon Affiliate ads for wellness products in its ad spaces.
Because there is no need to do any legwork, publishers prefer the unattached type of affiliate marketing.
Instead, businesses depend on the trust and reputation of their target audience and social media followers.
Bloggers can promote products and services that they don’t use but are relevant to affiliate marketing.
It could be, in our example, a tech blogger, a blogger who promotes an affiliate link on their website for a tech-related subscription.
Bloggers influence the community and blogosphere, so their opinions are trusted.
It is important to be transparent when using affiliate marketing to promote related products.
You could lose the loyalty of your followers and subscribers.
This affiliate marketing model involves recommending products or services that you have used. It is the ideal way to promote affiliate products. It builds confidence and trust in your community and increases rapport with your subscribers.
Moreover, Affiliate marketing is where an insurance blogger will only talk about products, services, and benefits of the insurance they use.
What is the most reliable way to promote affiliate products?
As an affiliate marketer, you can earn money online in four ways.
- Pay per sale
- Pay per install
- Pay per link, click
- Pay per lead
Affiliate earnings depend on the size of your audience and the number of clients you send. That is why huge organic traffic is mostly recommended by pro bloggers.
Is it easy to promote affiliate products?
It is easy to join the Affiliate marketing band wagon. Publishers are essentially salespeople. You don’t have any involvement in the customer support, development, or service/product delivery.
These are the 3 essential things to get in place before you monetize your blog via affiliate marketing offers.
- A niche
- A Product/Service to Promote
- An engaging audience (blog readers, subscribers, social media followers)
Once you have set up your blog, fill the ad inventory using product media. Then link to the customer’s sales page. Use the unique tracking number you are given.
10 Effective Affiliate Marketing Programs 2022
Many affiliate marketing programs and networks exist, but Amazon Associates, ClickBank and JVZoo are the most well-known.
Amazon is the largest online marketplace and sells almost everything. It’s not surprising that Amazon Associates is so popular among bloggers. Amazon has products that fit any niche.
Meanwhile, Amazon commission rates vary according to the affiliate product. Most of Amazon’s affiliate program has the best advantage in that your blog readers don’t have to purchase the affiliate product you have linked.
Besides, Amazon stores users’ cookies. Any purchases made by the reader within 24 hours of click will earn you a commission as the affiliate referrer.
At the end of each month, Amazon pays out. The payment amount drops for you after 60 days. So, you can pay by direct deposit, mailed check, Amazon gift cards, or others.
ClickBank is one of the versatile affiliate programs that is evergreen. It is a top global retailer in the industry. ClickBank is available in over 200 countries. It has been paying well since the beginning.
Additionally, ClickBank has been disbursing monthly affiliate commissions worth over $4.2 Billion to date. It offers many digitally suitable products for blog audiences and physical products.
A company, Impact, was founded in mid-2008 by a group of excited marketers. These guys also powered Commission Junction and LeadPoint. Impact has many clients and partners, including Adidas, Levi’s, and Airbnb.
The company has over nine million promotable products, vibrant cross-platform tracking, and reliable reporting. It is a great way to monetize a blog.
Rakuten Marketing offers cashback to customers who make purchases on the company’s website. Rakuten is a popular shopping site. The company has continued its rapid growth over the years.
Meanwhile, Rakuten’s affiliate program connects to over 2,500 retailers that sell all types of digital products. Rakuten offers three ways to earn commissions:
- Dynamic Commission: Excellent for scaling revenue income
- Coupon Commission: Coupon codes for use
- Multi-touch Commission: Affiliates get credited as long as the customer engages the content
JVZoo will help you promote digital courses and products. JVZoo has a unique feature that allows you to connect to all products within a funnel.
The cookies can also be used for a long, so there is a lengthy period to make a referral and earn money as commission.
Additionally, the company has been in existence since 2009 and is located in the U.S. JVZoo has lots of products to choose from (18,000,000+) and 800,000+ affiliates. It is well worth mentioning.
These are just a few of the more popular ideas and affiliate networks.
- eBay Partner Network
- Commission Junction
- WordPress affiliate program
How to monetize a blog with Affiliate marketing
Affiliate marketing is booming. A Statista study estimates that the industry will sky-rocket above $8.2 Billion by 2022.
The industry is expanding at an impressive rate, with a 2017 figure of $5.4 billion.
Here are more benefits to affiliate marketing:
- Simple to use
- Passive income
- Easy to scale
Affiliate marketing can make you earn more money, and it is also very easy to start monetizing your website with affiliate product promotions.
They don’t usually require minimum traffic, making them great for new and small bloggers.
#8. Events or Masterminds
Lots of activities, including summits and events, have moved to the virtual realm since the pandemic outbreak. Host a master class event or mastermind group in your area.
What are Masterminds or Events?
Masterminds and events are virtual summits. These events, unlike webinars, are interactive and engaging. Many mastermind summits and events feature multiple speakers who cover various topics. There are rooms for Q&A sessions where thought leaders share insights with your online community.
How do Masterminds and Master Class Events work?
Virtual masterminds and events can usually be attended for free, but they are only available to attendees for a limited time.
However, an organizer could then offer an all-access pass to make money. The pass allows attendees to return the event materials to refresh and learn more. The event is organized by an organizer who invites vendors and speakers to the event.
Sometimes, vendors and sponsors may be required to pay for their participation and allowed to present their expertise. The vendors can expect to profit by increasing awareness of their brands.
Different types of Masterminds and Events
There are different events and mastermind groups you can use to monetize a blog. However, you will have to decide based on three criteria.
1. Decide a niche
Narrow down what your event or mastermind will be about to get to the right audience. The clearer and concise the niche, the better your planning and target will be.
2. Number of participants
Decide on the number of participants: 4, 6-8, 12, 20, 24 or 30. Plan what works best and the number you deliver to as a group. Let everyone get a turn in the “hot seat” at every meeting. There should be enough participation for maximal results. Read about how to create a mastermind here.
3. Set rules
Having a set of rules for the group will go a long way. These rules will put the participants in check. Also, it will ease your coordination as well as their interactions. Make the community open to ideas, suggestions, and experiences. A quiz will be a place tool to set rules.
How Much Can You Earn from Events and Masterminds
Sponsors can help you earn revenue at your mastermind or event. There are also opportunities to increase awareness of your blog and your brand.
An event or mastermind is, therefore, a long-term strategy. Access to large audiences is a good deal if they are wealthy.
Besides, you can also sell merchandise related to your brand at your event.
How to create and promote an Event or Mastermind
Although it is helpful to have a large following for your event planning, you can still be successful even if you are starting. Many bloggers started small and grew over time.
Four tips to promote an event or mastermind
- Produce Quality and Engaging Products
- Leverage Social Media
- Network With Other Business/blog Owners
- Look Into Digital Advertising
Explore the options above and apply them to the most effective. Promote your event and mastermind as a way to monetize a blog.
How to monetize a blog with Events or Masterminds
You will see a return on your investment if you grow your email subscribers list.
You can make a lot of money from your event, but good marketing will help you grow that audience even if you have a small following.
#9. Review and Sponsored Posts
It’s likely that you already have content to share on your blog. But did you know that it is possible to make money writing sponsored posts or product reviews?
What are sponsored posts and reviews?
A sponsored post or review is web content that is native advertising. A Sponsored post blends naturally into your existing content, but it is about a product or service.
Besides, a sponsored post is usually labelled as such. Some bloggers label them as promoted posts.
How do Sponsored Reviews and Posts Work?
Native advertising can be found online by doing a Google search or shopping online. Are you aware that Google search results appear more similar to ads in Google searches? This is native advertising.
The ads in the above cases are often relative to the user’s experience. It’s almost the same with sponsored posts on blogs. If you don’t inform them, your readers might not know they are reading a sponsored review or post.
Additionally, the law does not require that you disclose the information if a review or post is sponsored as long as it fits into your brand. It works like this: A company or person pays you to review their product or write a blog post.
To attract clients to your site for sponsored posts, you will need significant traffic.
Types of sponsored posts and reviews
Sponsored posts and reviews can be very creative.
You can also blog, run social media promotions and send offers to your email newsletters.
1. Blog Reviews or Posts
Blog about products that you use if you have one.
A brand might offer free equipment or food if you are a food blogger.
Popular bloggers can earn money by reviewing products or services and sometimes receiving goods.
2. Social Media Promotions
Are you a well-known social media user?
To promote a sponsored product, you can use your network.
3. Sponsored Content and Guest posts
Sponsored content could be an example, such as a brand creating something for your blog.
Your content should seamlessly blend with theirs, and they should clearly be labelled as sponsored posts.
Alternatively, you might have the chance to guest post on another’s blog.
4. Email Newsletters
Have you ever received an email from someone you subscribed to, and it was clear that they were acting for a third party?
This is usually a sponsored email newsletter.
If you are a fan of a food blogger, it is not unusual for them to send occasional emails with holiday ideas that use a particular product.
How much Can You Earn with Sponsored Reviews and Posts?
Influencers and bloggers who earn big from sponsored posts are making a lot of money.
You may not be able to take advantage of this opportunity if you are just starting your blog. However, you will be part of the influencer market as you grow.
Michelle Gardner is the creator of Making Sense of Cents. She charges approximately $5,000 per sponsored post.
According to Fit Financials, sponsored posts on smaller blogs can earn between $750-$1,500.
Is it easy to sell sponsored posts and reviews?
Sponsored posts and reviews are perhaps the most difficult of all our suggestions for how to monetize a blog. This is because it requires a large audience and a high-traffic site.
Sponsored posts and reviews can be a great way to make money once you have a loyal audience.
What makes sponsored posts and reviews a great method of monetization?
Brands will increasingly use sponsored posts and reviews to increase their customer base because of the increasing demand for our attention.
According to Influencer Marketing Hub, over 63% of businesses that use influencer marketing already have plans to spend more money on sponsored product marketing.
Sponsorships can earn you money, but your sponsored content may also have other ads such as display ads or affiliate ads. This doubles your earning potential.
You can create sponsored blog posts and use your social media networks (TikTok, Facebook and Instagram) to find even more sponsorship opportunities.
#10. Create an Ebook
You feel like you have book ideas inside you, so why not make your ideas into a new revenue stream by creating your ebook?
What are Ebooks?
Ebooks can be described as electronic, non-editable and reflowable books. They are available in formats that enable reading on ebook readers, smartphones or tablets.
How do Ebooks work?
There are five main types of ebook formats.
- EPUB Cannot be read on Amazon Kindle, except for Kindle Fire tablets
- MOBI Works with Amazon Kindle but does not support sound or video
- AZW3 & AZW: Amazon Kindle ebooks that support both sound AND video
- IBA: Apple iBooks Author app
- PDF is Not reflowable. It doesn’t adjust to screen size or user settings. This makes it not ideal for readers. It supports links but not sound or video.
You can convert your ebook into a PDF to make it easy to download if you want to use your ebook for promoting your email list growth.
We recommend using the format supported by your publishing tool if you plan to sell your ebook.
How much can I earn with an Ebook?
It is difficult to estimate how much you can make from an ebook. This depends on the reason for creating it.
Your passive income strategy will include your ebook giveaways.
If your ebook’s goal is to make yourself an authority in your field, your ebook will be a long-lasting investment.
You could also publish your ebook and see an immediate return.
You can keep 100% of sales if you sell your ebook via your blog using a WordPress plugin like Easy Digital Downloads.
Payments can be accepted directly from your blog using Amazon Pay or Paypal.
Your ebook can also be sold on platforms like Gumroad and Podia.
These are the numbers you can expect to make if your book is published on Amazon through Kindle Direct Publishing (KDP). Amazon offers two ebook royalty rates:
1. 70% royalty option (books starting at $2.99 to $9.99).
2. 35% royalty option for books priced below $2.99
These are just a few examples of how royalties work.
- A 0.99 Cent ebook will earn you 0.35 cents per sale.
- Books priced at $2.99 can earn you $2.09 per ebook sold.
- A $9.99 ebook will earn you $6.99 per sale.
You can give your book away for free on Kindle Unlimited. This will allow you to make money based on the pages that your readers read.
Is it easy to publish an eBook?
It’s not difficult to publish a book, even if it seems daunting.
A series of blog posts can be turned into an ebook.
It is also very helpful to have an outline when trying to put together a book.
There’s a bit of learning involved in publishing an eBook. But it’s mostly a matter of taking the time to learn the process.
Steps to Writing and Publishing an eBook
- Select your ebook title
- Do your research.
- Define your audience.
- Start writing.
- An editor can be hired on Upwork and Fiverr. An editor can make even the most talented writers look better.
- You can design and format your ebook by yourself or use a publishing company.
- Create your ebook.
- You can either create a cover for yourself or commission one from a marketplace like Fiverr.
- Review your book in the Amazon Kindle Previewer before publishing.
- Your ebook can be published on a platform or PDF. This will allow you to offer a giveaway on your blog.
- Promote your ebook.
- Participate in the community where you are writing.
Writing an ebook is like many other things. It becomes easier to write.
This article, for example, is nearly as long as an ebook and took me one week just to research and write it.
What makes writing an ebook a great way to monetize a blog?
Bloggers write ebooks for three main reasons:
1. Earn extra money by publishing your ebook.
2. Offer your ebook to anyone who signs up for your email list. People are more likely to sign up when they get something in return.
3. Be a respected authority in your field. You build authority and trust with your readers when they see you as an expert in their niche. This will invariably drive more traffic to your blog, which can stimulate your other revenue streams.
These three reasons can help you make more money, and they can also be part of your long-term passive income strategy.
#11. Start a podcast
It shouldn’t surprise anyone that podcasts have exploded in popularity in the post-radio era.
Podcasts are a great way to increase awareness and generate ad revenue.
What is Podcasting?
A podcast can be described as a digital audio file uploaded to the internet using a podcast hosting service.
Podcasts can be listened to online, via an app, or downloaded.
How does podcasting work?
Podcast episodes are individual recordings or live podcasts.
One person or several people can host podcasts.
These “podcasters” are people who lead conversations, share news or report on it.
Podcasts can be published and hosted in apps such as Apple Podcasts and Spotify.
Types of podcasts
There are eight main types of podcasts.
- Interview podcasts
- Conversational podcasts
- Monologue podcasts
- Investigative/storytelling podcasts
- Roundtable podcasts
- Theatrical podcasts
- Podcasts Repurposed Content
- Hybrid podcasts
How Much Can You Earn With Podcasts?
You won’t make much money when you start podcasting.
There are, however, some major players in podcasting who are making a lot of money.
John Lee Dumas is the host of Entrepreneurs on Fire and makes almost $2 million annually from his podcast revenues.
How easy is it to start and promote a podcast?
Although there is some learning curve involved in creating a podcast, it is now much easier thanks to new technology and apps like Blubrry.
You will need basic equipment to get started with a podcast.
- Podcast hosting plan
- Audio editing software
- Zoom or Skype account
You might also want to check out podcast software. This makes it straightforward to record, edit, and share podcast episodes.
How is podcasting a great way to monetize a blog?
Podcasting is on the rise. A report by Paid insights showed over 700,000 podcasts active and more than 29,000,000 podcast episodes.
You can jumpstart a blog if you already have one by putting your content on the “airwaves” via a podcast.
We mentioned their podcast in the section about Pinch of Yum and Food Blogger Pro. It is an excellent complement tool for their blog and their membership site.
Podcasts offer a variety of ways to make money.
- Increasing awareness about your blog
- Promotion of your physical products
- Expanding your email list
- For a membership site, it is important to build a following
- Direct advertising on your podcast
#12. Freelance Writing
Have you ever asked yourself how to make money blogging? Well, I have, and I have asked many other freelancers.
Most respondents stated that 70% of their income is from freelancing, even though they use affiliate marketing the most.
You can make money with your WordPress blog by offering freelance writing to blogs in your niche.
What is freelance writing?
A freelance writer is self-employed and does not have employment contracts with the businesses they work for.
You may sometimes see independent contractors called freelance writers. Freelancing allows people to have more control and flexibility.
Similarly, freelancers can set their hours, choose which clients they work for, what rates they charge and what type of work they will accept. Freelancing also has the advantage of working remotely.
How Does The Freelancing Model Work?
Companies hire freelancers for part-time or short-term projects.
Sometimes a client will hire a freelancer to do a one-off project. In other cases, they may need ongoing work for their freelancer.
Freelancing allows for a lot more freedom than just the worker.
If freelancers fail to meet a client’s requirements, they can choose not to work with them again.
Freelancers don’t have to pay any upfront costs for training, office space or equipment.
Freelancers often have their equipment and are fully trained for the job.
In some cases, a retainer is required. This is a payment agreement for a set number of hours each week (or every month).
Freelancers don’t get the same benefits and compensation as full-time employees.
Freelancers, often considered contract workers, are not usually covered by programs like unemployment insurance.
How much can you make as a freelance writer?
In 2019, a study found that freelancers earn between $20 and $28 an hour.
This varies depending on many factors.
- Your chosen niche
- What type of freelance work do you do
- How fast you can work
- What your clients are willing to pay
- Your versatility in using tools, apps and software to work more efficiently
Blogs in highly technical niches mostly make more money. The Editorial Freelance Association uses these figures to approximate how much you can write in different niches.
- Trade/Technical $50-60 per hour
- Fiction and ghostwriting:$40-50 per hour
- Grant Writing and Proposal Writing: $50-60 per hour
WriteWorldwide has provided some numbers to help you break down this breakdown by project or job type.
- Blog posts: $50-$350
- Ebooks: $2,000-$5,000
- White Papers: $2,000-$5,000
- Press releases $100-$1,000
- Long-form blog posts: $250-$1,000
- Web pages $100-$500
- Product Descriptions$50-$150
It’s not easy to scale your blog if you are willing to trade your time and money for your income.
To grow your freelance business, you must build a team.
How easy is it to start as a freelance writer?
Freelancing has the advantage of earning money right away.
To get started as a freelance writer, you only need a computer and internet access.
You don’t even need to create a blog to get started as a freelance writer.
You can also add a page for services to your blog if you have one.
Sign up for content agencies to jumpstart your freelance writing career.
Because the agency receives a portion of your earnings in a referral commission, the pay is often lower when you work through agencies.
Agents have many protections.
- You don’t need to chase payment from clients when you work for an agency.
- Clients contract through the agency, so you don’t need to hustle to find writing work.
Private clients are the best source of writing gigs.
You can find private clients by looking at the job boards for bloggers and marketplaces like Upwork, LinkedIn, Flexjobs, and Flexjobs.
How to monetize a blog as a freelance writer?
If you already have a blog, it can be a great money-making tool to show potential clients in your niche what kind of content you can offer.
It doesn’t matter how many people visit your blog.
You should demonstrate your ability to write in a niche.
A blog is a great way to market your services as a freelancer.
A blog is a creative way to show off your work as a writer, editor or designer.
Make sure you have a page for services on your blog. It will outline the charges that you make for writing.
You can also make money blogging through different routes.
A food blogger might learn how to be a good food photographer and then get work at local restaurants.
Similarly, a blogger who creates great videos can also sell their editing services to other bloggers.
#13. Accept donations
Accepting donations is one way to increase your blog’s revenue.
Donations are an effective revenue stream if your blog is for a non-profit organization.
What is a Donation?
Donations are monetary gifts often given to artists or creators in need.
How do blog donations work?
You can use any WordPress plugin to accept donations to your blog.
- GIVE WP
- WP Easy Pay
- Formidable Forms
- Seamless Gifts
- Woocommerce Donations
- PayPal Donation
- WP Crowdfunding
Types of Donation Platforms
You can use third-party platforms to collect donations in addition to the plugins mentioned above.
Patreon and PayPal are some of the most popular.
Patreon has been gaining a lot of attention in recent years, and with good reason.
It is extremely easy to use and provides a wonderful user experience for patrons and creators.
You can also use the Easy PayPal Donations plugin to collect donations.
PayPal is a simple way to collect donations via your blog.
You can also create a PayPal button on your website using the code provided by PayPal.
Memberful software is great for independent creators, podcasters and educators. It has a WordPress plugin and offers a free starter pack and a pro plan for $25.
Liberapay is another great tool for accepting recurring donations.
Once donations have been set up, they are funded in advance.
The service is completely free, except they must pay for payment processors.
How much can you earn with Donations?
While donations won’t make bloggers rich, they can bring in more cash flow.
One blogger, however, is making about $12,000 per week thanks to his Patreon.
Tim Urban created the Wait But Why blog. All of his income comes from Patreon’s loyal followers.
Urban also has 2,937 subscribers, which isn’t a small number.
Is it easy to accept donations?
It’s easy to accept donations through your blog once the plugin is installed.
What make donations a great way to monetize a blog?
Although accepting donations may not be the best way of making money through a blog, it can provide a nice income stream, especially if you have a loyal following.
Related: Never Stop Trying to Achieve Success
FAQ: How to Monetize a Blog in 2022
It is important to understand the “why” of what you are doing before diving into the monetization strategies described above.
Blogging for passion vs Blogging to make money online
If I asked you today, would you answer, “Blogging to blog” or “Blogging to make money online?”
Most people will say that they blog because they want to make money online.
Most people will also say they don’t make any money blogging, even though they write 2-3 posts per day.
It’s all about the passion…I mean PROFITS!
Have you ever heard the expression, “Follow your passion and money will follow”?
It’s a phrase I’m sure many of you have heard, and it’s something that everyone in the blogging world likes to hear… especially those who have already achieved success blogging and made money.
This is often not the case, probably 98% of the time.
Passion is a key reason why Blogging is so hard. It takes time and effort, and you’ll quickly lose interest in what you write about.
It is much easier to make money by starting a blog about financial topics. You can talk about boring topics like increasing your credit score and how to get a home loan. But no one wants to write about this.
How to monetize a blog? Use Call to Action!
Bloggers should instead view their blogs as sales copy, a call to action, and make them useful and informative for visitors to your site.
There are three reasons people use the internet. Which one is compatible with your blog?
- To be entertained
- To purchase something
- To view information
People fall in the top category of entertainment, one of the most difficult areas to monetize.
A blog that allows people to find reviews about products before purchasing is a great way to make money.
This last category is all information and could be used with Google Adsense or affiliate marketing if done correctly.
Is your blog worth the time of your visitors?
If your blog is still not making money, it may be worth taking a step back and looking at the bigger picture.
Would you find any value in your site’s content if you were a visitor?
You must have a strategy in place to make money from your blog.
Blogging is a time-consuming activity that requires a lot of resources and time. You don’t want to continue digging yourself deeper for money or time and not knowing where your blog will be in one year.
Before you start your blog
The biggest difference between the late 1990s (during the dot-com bubble) and now is that WordPress, a free blogging platform, lets anyone make attractive websites that make money.
If other bloggers make money online with their blogs, you can do the same. After all, I didn’t know anything about computers when I started my job.
I used to work hard to become a good tech staff until I found out how powerful the internet can be. I have worked across different industries, but I liked making money online the most. I enjoy writing.
The goal of earnsmore.com is to show everyone how to start a blog and make money online. With a little bit of consistent work, it can be as easy as 1-2-3.
It doesn’t have to be the hardest thing you’ve done. Just master how to monetize a blog after you get traction.
What to Blog About
Everybody has a passion or interest. Blogs about the topic that sparks passion are the best. This is not to be confused with topics that seem commercially viable.
It is important to give readers valuable information. However, readers can see if a blogger cares about a topic.
This builds trust and will keep your audience coming back for more.
One lesson I have learned is to offer more than you ask in return for your readers.
Why should people stop reading your blog if you provide the best user experience and information?
Their loyalty will be earned, and if they are bloggers already, they will recommend your site to their readers.
The riches are in the niches.
There are blogs about technology, news, insurance, trading, and investing. Blogs about education, business, cryptocurrency, fintech, and personal finances.
There are many niches in each market or industry.
If you are new to Blogging, I think you should start with a niche site that doesn’t have a lot of competition.
“Niche sites” are blogs that focus on a certain type of reader, issue, or group of people.
You could, for example, focus on health & fitness and things like “How to Get 6-Pack Abs” or “10 Fruits that Relaxes and Ease Stress.”
However, it is almost impossible to compete with top blogs that have been around and rank high on Google and SemRush rankings.
Similarly, ranking on the first page of Google for keywords searched for 3,000 times a month is much better than ranking on the third page of Google for phrases that are searched for over a million times a month.
Be realistic about how you start. You need good traffic and steady visitors to your blog. You can’t make money online if people don’t visit your site or if it has a low rank.
Final thoughts: How to monetize a blog
How can a blog make the most money? The best way to make money by Blogging is to bring in the most money.
If you have ads on your blog, we recommend that you get more people to visit it.
This will let you fill out an application for Adthrive.
Putting money into your email list and making a podcast can help you spread the word about your blog and help it grow in the long run.
When it comes to making money from a blog, we suggest that you don’t stick to just one way. You’ll probably start with Amazon Associates and Google AdSense, but make sure you have enough time to plan for growth and special projects to grow and do well.