Starting a blog is not a get-rich-quick scheme, and it won’t make you rich overnight, but it can help you supplement your income.
Many well-known blogs generate money online through a variety of means.
This is commonly referred to as “monetizing” your blog.
Smaller blogs that cater to a specific niche might quickly provide a great side income.
Many well-known blogs earn six- and even seven-figure sums.
Let me share some of the most common monetization strategies utilized by blogs worldwide.
Read: Top niches to blog
Selling digital products:
Ebooks, online courses, printables, apps, software, music, images, and other digital products can be sold on your blog.
Digital products have cheap operating costs and can be used in practically any sector. There is a need for everything, and you can for sure write a solution to a problem.
Getting some sponsorship: Using an advertiser’s sponsored (paid for) content.
This usually takes the shape of sponsored blog entries, but it might also take the form of Instagram or other social media posts.
One of the most used tools to sell digital products is CLICKFUNNELS (Read our review here), but you can use whatever it’s easier for you and affordable.
Read Tools for selling Digital Products for a list of other tools you can use now.
Affiliate marketing:
This is when you connect to items or services that pay you a commission if someone buys something after clicking on your link.
This is a fantastic method to make money from your site.
We’ve got a lot of affiliate marketing advice and tools to help you out.
Read: Why affiliate marketing is an excellent option for making money online.
Offering services:
If you’re a writer, photographer, coach, or other professional, offering your services on your blog might be a terrific way to make money.
You may also use a blog to promote an existing service, such as logo design or freelance writing.
Last but not least, advertising:
Advertising entails displaying advertisements, usually done through an ad network such as Google AdSense.
Instead, some bloggers sell ads to businesses directly.
Selling physical items:
Despite their higher expenses than digital, physical products can be a terrific method to make money.
Adding an online store to your WordPress blog and selling is simple.
As you can see, starting a blog is not hard, but it does require effort and time.