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Blogging is one of my all-time favorite ways to make money online.
If you’re looking for a way to make money while you sleep (AKA passive income), blogging can definitely do that for you!
Most people think that just having ads on your blog is the only way you can make money.
And while ads are one way you can start making money from blogging, they’re not the only way.
In fact, there’s plenty of other ways you can monetize your blog and start earning more passive income. Here’s everything you need to know about the 5 best ways to make money as a blogger!
Okay, okay, I know. I literally just said that the payout for ads isn’t that great for new bloggers.
BUT that doesn’t mean this isn’t a good option for some people! After all, this is probably one of the easiest ways to start earning money as a brand-new blogger.
Basically, you sign up for an ad revenue service (like Google Adsense.) You receive a special code that you can use to place your ads on your blog, and that’s it!
Once you start getting visitors to your site, you’ll receive a small payment for every view/click that you get on an ad.
Now, there’s usually a threshold that you have to hit before you can receive your payment.
Google Adsense, for example, has a payout threshold of $100.
So, if you’re making a few bucks a month, it’s going to be a long time before you see any actual money from your ads.
There are other ad revenue services besides Google Adsense, but they usually require a monthly page view/session minimum before they’ll accept you. Google Adsense will pretty much accept any blogger regardless of page views.
Once you get more traffic to your blog, I suggest you apply for Mediavine or Adthrive, which offer higher payouts.
If you do place ads on your blog, be sure to keep your readers in mind!
Try not to place too many ads, because it ends up looking super spammy and unprofessional. Plus, it’s just annoying for your readers, and you don’t want that!
For me, I decided that the cons outweighed the pros of placing ads on my site. I’d rather my readers have a better experience versus being annoyed by ads that only make me a few dollars every month.
2. AFFILIATE MARKETING
Affiliate marketing is a way for bloggers to make money by promoting products/services on their website that they love and their readers (hopefully) love also.
To get started with affiliate marketing, you join a company’s affiliate program, like Amazon Associates for example. Then, you’ll receive specific links to place in your posts. And when someone purchases something using that link, you receive a percentage of that sale.
Easy peasy, right?
Well, I won’t say that affiliate marketing is an easy way to make a lot of money, per say, but it is easy to set up.
To make a lot of money from it, you’ve got to have a great strategy. Because most people won’t just blindly buy something online unless you sell them on it (literally.)
That’s why I absolutely love this affiliate marketing training bundle from Ana over at The She Approach.
She’s earned thousands of dollars from her affiliate marketing strategy, and she’s a great resource for learning how to make money from affiliate marketing. I highly recommend you check out all of her blogging resources!
3. SPONSORED POSTS
Companies are constantly paying bloggers to promote/review products to their audience, and it’s a great way to make money from your blog.
Typically, bloggers are paid for these types of post with either free stuff or monetary compensation. Although the payout can be pretty high, there’s usually a lot of work that goes into this type of revenue stream.
You may not see as many opportunities as a beginner, but once you get more traffic + more followers on social media you’ll be able to start reaching out to brands for collaboration inquiries.
And there’s no ‘magic number’ for when you can start reaching out to businesses for sponsored post opportunities. You can begin doing this whenever, but you might hear a lot of nos before you get your first yes.
Personally, I was reaching out to companies with my first blog when I was getting maaaaybe 5000 page views a month.
Because I didn’t have a huge blog, I never actually asked for monetary compensation. Instead I would ask for physical products to be sent to me to review, and that was my payment for the post.
Ultimately, it’s up to you and what you can work out with the company. If you never ask, you’ll never know!
Because I don’t have a lot of experience in this field, I recommend you check out this post from Arts and budgets! Latasha talks about how she made over $2000 in her first month of doing sponsored posts, and has some great tips on how you can get started!
4. SELL DIGITAL PRODUCTS
Selling digital products is another great way to make money from your blog.
Creating and selling digital products is an easy way to create passive income as a blogger. Once you’ve created the product, there’s really no limit on how many you can sell because it’s just a download!
One of my blogging goals this year is to create a digital product (ideally an e-book) but there are plenty of other digital products out there you can create!
Here are some popular digital products you can sell:
- online courses
- stock photos
And more. Really, as long as it’s something your target audience needs, you can create anything.
5. SUBSCRIPTION SERVICE
This is one of the less popular ways to make money from your blog, I think because it requires a lot of preparation and maintenance.
But hey, a lot of people are willing to purchase monthly subscriptions!
As long as you can provide something of value to your readers every month, and it’s something that can consistently use, by all means try this method out! Just like with digital products, a subscription service can have no limit depending on the service you’re providing.
And there you have it! These are all things that can help you make money with a new blog. Some may take a little while to get the hang of, but you’ll get there! Feel free to reach out to me with any questions, or leave them down below! 🙂