5 Killer ways to monetize your blog from the the start
Are you struggling to monetize your blog & make more money online from the start? Does it feel like whatever you do, you can’t increase your earnings or make any at all? Allow me to help!
There are many ways you can monetize your blog, some that require very little effort on your part.
Even if you just started a blog as a hobby or passion, why not make some extra money in the process?
Many people think you have to be a famous blogger to make money….. wrong!
If your blog isn’t making you money, what are you waiting for and the thought of making money while you sleep intrigues you – read on.
I’m going to talk about 5 ways you can monetize your blog and ways you can make money round the clock even while you sleep!
Why Start A Blog?
If you want to start a blog, you’re not alone, many people start blogs hoping to be able to earn money on the side, bring more feet into the door of their bricks and mortar business, or even replace their employment.
Blogging can also be a good business idea to start on the side while you keep your day job.
However, blogging can also be a daunting task especially not knowing where to start!
Don’t be scared to start a blog as it can be exciting and rewarding, that’s why I’m writing this post to show you exactly where to start and what steps you need to take to be successful.
Define Your Goals
It’s important that you understand what your goals are for the blog.
Some potential goals are to teach, to get the word out about your services and/or products, or to create a niche blog that earns money through the promotion of products.
What are your goals?
They should be written down and well defined. If you have a real goal to reach you’ll be able to get there easier if you can name it.
Don’t be scared to start a blog as it can be exciting and rewarding. If your not making money with your blog then you are leaving money on the table.
1. Affiliate Links
Once you sign up for an affiliate program, you will be assigned a unique affiliate link. You must use this link in your blog posts, social media, emails, etc. if you want to be credited for the sales you generate.
Any time someone clicks on your affiliate link, the action is stored by a “cookie” in that user’s browser. Different affiliate programs assign different time frames to cookies which will determine whether or not you are credited for a sale.
For example, let’s say Product A has lifetime cookies. This means that if someone clicks your affiliate link, but they don’t decide to buy Product A until a year later, you will still get credited for the sale.
Let’s say that Product B has a 3-month cookie. This means that if someone clicks your affiliate link, but don’t come back and purchase Product B until 4 months later, you would not receive a commission.
Longer cookie windows are obviously better, because it maximizes your chances of making a sale. You can usually find this information in the terms and conditions of an affiliate program when you join.
2. Display Ads
It’s very important that you know exactly who your audience is. You should be able to actually create a profile of an audience member.
Who are they, what do they do for a job, how much money do they make, what do they like to do in their free time? You should be able to really understand what gets them going.
Remember your blog is a tool for solving a specific problem for a specific group of people.
It has to be something that people are willing to pay money to make their lives easier and better.
It has to achieve a goal by either saving them time and money.
Your blog should not be about you otherwise you will not make any money from it as you are not helping them but yourself.
It’s very important that your blog content is focused on helping others solve their problems.
Define your ideal customer and write your blog posts to them directly.
So how do you know who you’re targeting? Who is your “target audience”?
Here are a few ways to do this:
- Create a profile of your ideal customer. Find out as much information as you can about your ideal customer and use it as your guide to help you narrow down your niche.
- Research where your ideal customer hangs out online and listen in on their conversation.
- Conduct a survey asking your ideal customer what they are struggling with and write your blog posts about the answers to their questions.
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3. Digital Products
It’s time to choose your domain name, I know choosing a domain name can be the hardest thing to do!
You should choose a domain name that is very relevant to your blog niche.
Your name domain name should be memorable, easy to spell & catchy.
To see if your desired name is available, use this domain name checker below
At this point, you can now go ahead and purchase your domain name and web hosting.
Be sure to refer to my blog post on how to start a blog guide for the step-by-step instructions on how to get your blog set up!
Note: You can get your domain name for free and discounted hosting for just $3.95 a month if you sign up with my link for web hosting through Bluehost.
4. Physical Products
Once you get a good amount of content on your blog it’s time to think about how you will monetize it.
Stick to just a few products and don’t overwhelm your viewers with too many advertisements. A nice mix of affiliate products and your own products usually works well.
Ensure that each of your product is very focused on your niche.
Now it’s time to develop the plan for how you will implement that money-generating sources to your blog.
Remember in order to make money from your blog, you need to treat it like a business from the start.
So what does it mean to monetize your blog?
Basically to monetize your blog simply means various types of ways of money-making sources to your blog so that you can start earning an income from your blog.
There are SO many ways to make money online with your blog, but I am going to talk about just a few of the most popular ways to help you decide for your blog type.
However, for your new blog try and stick with a mix of affiliate products and your own products.
Advertising: Advertising is a great way to get started because you set them up although you have to have high traffic.
You also don’t have to do anything else because the ads will be working for you. Sit back and collect income, although it is not the most profitable.
Affiliates: Affiliate marketing is where you promote a product on your blog!
Also, you earn a commission when someone clicks and buys the item through your affiliate link.
Always use your affiliate link on your blog for any product you are recommending so that you can earn commission through your affiliate link.
Almost all online products and services offer affiliate programs.
Sponsored Posts: Sponsored posts are where you write a blog post review related to a product similar to your niche for companies.
They pay you to embed their link in the blog post review, this can be one of the best ways you can make a healthy income.
The sponsor company will either pay you for your blog post review or send you a free product.
It can be a great way to supplement your income while you are growing your blog.
Products: You can increase your blog income by creating your own products to sell, as a result, this can be very profitable.
Provide your readers with something of value that you have created and sell it to them, therefore you should create things like:
5. Sell A Service
After you have set up your profitable blog, you will need to grow your blog traffic. If you don’t have a consistent flow of blog traffic then you won’t have a consistent flow of income.
Basically, in order to make any money from blogging, you need traffic.
You don’t need a ton of it, but you do need to have some form of traffic if you want to earn any amount of money from the blog monetization strategies listed above.
How Do I Grow My Blog Traffic?
SEO (Search Engine Optimization) can be used to grow your blog traffic. SEO is optimizing your blog posts with the relevant keywords that will rank you at the top of Google’s search results for queries from readers.
The higher your blog ranks the more traffic you will get.
Pinterest is the fastest growing social media platform, it is an image-based search engine platform. Customers are telling you exactly what they what which makes it easier to create targeted content.
It’s a great way to get traffic to your blog, and the results from Pinterest are often faster than SEO.
Make sure you master Pinterest and SEO. From my experience, these are the BEST two strategies to focus on.
Over to you now..Ready to start your blog?
Head over to my post How to Start a Blog and Make Money Blogging and start your own blog now. It’s a step-by-step guide on how to set up your blog, set up web hosting, choose your domain name and theme for your blog.
Check out the Resource Library
You now know the 5 things to do before starting a blog.
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