When blogs first began to build up in popularity many found it to be the perfect tool to talk about their hobbies and interests. Over time, bloggers realized they were sitting on a goldmine. It seemed like every day another blogger was achieving riches through their blog but how were they doing it?
If you own a blog or have been considering starting one to make money online, you will need to know what works best for monetization. Through years of experience, I have learned there is a “sweet spot” between passive and active income. In a nutshell, here are the various ideas for what you can sell on your blog.
#1: Offer a service
The quickest way to begin making money with your blog is to offer a service. Because you’ll often be blogging about a niche or hobby, you will already have the all the knowledge and skill related to the topic. There are those readers that enjoy your writing so much that they would be willing to pay for additional services such as consulting, design or general help with whatever topic you blog about.
#2: Affiliate sales
Affiliate marketing is an extremely easy monetization method you can setup within minutes and begin earning money over and over again for years to come. With affiliate marketing, you will be placing your affiliate links whenever you mention a product or service. If a user clicks through and buys what you’re linking you will make a commission.
The best way to utilize affiliate sales is by explaining products and services you’ve actually tried. If you can paint a clear picture on how the item actually works while voicing your opinion others will be more likely to click your affiliate link and learn more which can lead to a sale.
#3: Sell your own products
The next logical step to take after you sell other people’s items is to begin selling your own. Information products and even physical products such as books, videos, audio recordings and hard products can do well depending on your market, niche and community.
Suppose you write about scrap-booking. You could use what you already know to develop a product which teaches others how to scrapbook and also up-sell people by including video series or even a basic scrapbook to start out with.
#4: Sell advertisement space
Your blog becomes an online real estate which drives thousands of hungry prospects to relevant articles that are more than willing to buy products you endorse and talk about. With a blog, you can seek out advertisers which will pay for advertising space on your blog.
In exchange for a small portion of your website containing advertisement, you’ll be able to pull in additional money without doing much more work other than writing blog posts.
#5: Sell a review
Many businesses are dying to gain backlinks and exposure within a niche community so much so that they’ve begun contacting bloggers, giving them free items in exchange for an honest review of their product or service.
If your blog is popular enough, you will be able to contact these businesses or wait for them to contact you; later you can write a paid review which not only nets you some additional swag but helps out the business and readers by giving your honest opinions.