10 Ways to Monetize Your Blog in 2024
10 Ways to Monetize Your Blog in 2024 is a guide that I have been searching for when starting my blogging journey but never found one that explains it well so I am writing this article to help new bloggers fellows so hop in now. Since you chose to enter this blog post, you must have come across many blog posts before that talk solely about the ways the blog works on the globe right?
It’s a fact that if we choose to run a business or turn a hobby into a side hustle that helps you in earning a little extra, then there must be some ways. In the blogging industry, how to make money from blogging is a question that people frequently ask.
Even if we want to earn money from our blog or websites, there must be some considerations that we have to take, like the audience that’s going to read your blog or your niche. We must always offer the best and good quality products or services that will benefit them. Many bloggers have always mentioned and written about the ways that can help us earn money from blogging. Some of them are very easy to implement and some of them are not.
In this blog, I will write shortly about some of the ways that you can apply to earn your extra bucks! Common and Best ways to make money from blogging in 2024!
Here are some of the ways for you to try:
1. Google AdSense
It is an advertising program from Google that allows small- and full-time bloggers to put ads on their sites and make money. This is the best and lowest-effort way of earning passive income. Once you’re approved for the Adsense program, you won’t need to do much and it’ll keep earning money as Google will put ads on your blog and update it from time to time.
You don’t need to sell anything, all you have to do is publish good content that will bring good traffic to your website and update it with the latest details.
How to join Adsense:-
1. Follow Google’s guidelines
2. Sign up Google AdSense account
3. Once you’re approved by Adsense, you’ll get a code that you need to put in your site
Even if you’re just starting, AdSense can generate you money. Many bloggers and newbies try it because it’s a fast and effective way. One reason why this is effective is that you don’t have to sell anything, you get paid for clicks even if nobody buys anything. Google targets the ads to your keywords which means that the ads are targeted to your content and audience. The ads update automatically.
If you already have a community or an audience where you can share your blog and bring traffic like Pinterest, and Instagram.
Then, Google AdSense is an easy way to earn some extra income from your blog. So, as long as you have good traffic to your websites you can earn some big numbers from this way. If you begin to reach a certain number then you can try other advertising companies like Mediavine.
2. Affiliate marketing
Affiliate marketing is one of the easiest and most common ways of earning by bloggers, YouTubers, and Influencers. It is a way of earning by getting a commission on every sale people make from the link that you share in your audience or community or social media platforms.
You can earn thousands if you have a trusted audience, good traffic to your site, and a good marketing strategy. Typically, affiliate marketing is a sale. However some affiliate marketing programs can reward you for leads, free-trial users, clicks to a website, or getting downloads for an app.
Some of the affiliate programs that are easy to join are the Amazon affiliate program and ClickBank.
For Amazon affiliate program:
Joining the Amazon affiliate program is the easiest way to do it.
If you already have an Amazon account then that’s good for you because you can follow from step 1 that I’m giving below. If you don’t have an Amazon account, first create an Amazon account and follow the steps:
1. Enter the Amazon account.
2. Then when you scroll down to the last button, you’ll find an option state as become an associate, Enter that.
3. Sign up for that program
4. After that when you enter your Amazon again, you’ll see the written words Amazon Stripe in the top left corner. Then you’re ready to go.
5. From there, it is very easy to search for the best products that are under your niche and select them.
6. Then you will see a Get link Option on the top bar. From there you can get the types of links suitable for you. i.e.; Link, Image, and Image+Link.
7. After getting that link, you can add the link to the Website or Platforms that you choose to promote it.
For another program too, it’ll come in just simple steps like this.
If you want to read more deeply about affiliate marketing then you can read the article below: What is Affiliate Marketing? How does it work and where
3. Selling Products
If you already have physical or digital products that you are ready to sell then you can promote them on your blogs or website to earn money. And if you have digital products like ebooks, email marketing, or Blueprints of any business that you want to promote then you can also generate extra money. And then you can also promote it on social media platforms like Pinterest, Instagram, and Facebook marketplace to bring more traffic to your site which means more sales of your products.
You can also collaborate with other bloggers to increase sales. To do that you’ll need to put in more work.
Here are a few steps that you can try to sell your digital products:
1. Write the content of your digital products
2. Create a landing page
3. Target the audience that’ll help by the products
4. Do research on the targeted niche
5. Run ads if you have the budget or if you are tight.
6. Run a Free Giveaway
7. Track the metrics
Again, If you have a certain visitor to your site then you can ask other influencers that sell products to let you promote their products and earn commission for every lead or every sale they make from your site.
If you wish to read more deeply on this topic, Read the article below: How to Sell Anything to Anyone!
4. Selling Services
After the e-commerce revolution, it’s not new to us to buy and sell physical products online. So, Selling Services like consultation, Copywriting, Ebook writing, Article writing and much more online are becoming more popular now.
Selling Services can be your main source of revenue. Anyone with certain ideas and skills on a certain niche even if they’re not experts, and if they can provide certain value to the people, can start selling service without a big investment, simply for free. At the start you might need to study the market a bit, do some freebies, and put in some effort but if you have patience and will, then after a certain point, you won’t need to do much other than providing your valuable products to your clients.
Selling services online can be a challenging task but nowadays there are a lot of useful tools that can help you to run the business, reach out to the targeted audience, and connect with the people who need your valuable services. And even if you don’t have a website or blog, you can start selling your services on certain platforms and still earn revenue. The two most popular sites that allow people to sell services are Fiverr and Upwork.
And if you already have a website or a blog then you can try this way;
1. First, find out the skills and services that you can provide
2. Do some research on the targeted niche
3. Write out your work, services, and details about yourself, in a way that can attract the clients
4. Make a landing page on your website and upload all necessary and appealing data to draw attention from the visitor.
5. Promote your services through blogging, social media platforms, email marketing, etc.
6. Build a deep-rooted relationship with your clients by providing excellent services.
7. Maintain the relationship for future projects.
5. Email Marketing
Email Marketing is often defined as a direct marketing channel that shares new products, updates on new blogs, Ideas, sales, events, and more with emails that are in the contact lists.
It’s one of the easiest and most effective ways of making good relationships with your customers or readers by sharing good ideas or good products that you believe in. Eventually, good relationships can bring more sales, more traffic, and more loyal followers which means more revenue. There are different types of email marketing promotional emails, transactional emails, informational emails, and retention emails.
You need to make email marketing your best friend because when people come across your blogs for the first time they get some good information from your content so they sign up for your email subscription form. Then you have their email but if you don’t use the email to create a good connection with them, what’s the use?
So collecting email and using it to create a good relationship with your audience can bring a big change to your revenue. Some Key benefits of it are driving more sales and revenue, Increasing your brand awareness, and strengthening customer loyalty.
One of the most common ways to collect email is by creating an email subscriber form and giving a freebie for subscribing.
You don’t have to spend a lot of time on this project because you can use a readymade template format that is easily available on some platforms like Mailchimp, Convertkit, etc
6. Sponsorship
Sponsorship is a way of promoting someone’s products or for a company to bring more sales for them or more awareness in your blogs by paying you money for that.
Simply you can set up a sponsor page and media kit, and create quality content that can attract sponsors. If you already have a certain traffic or audience then you can ask small brands and propose a sponsored post for them.
Don’t forget to research the brands that you want to work with, who are working with them, and the competition. Approach the brands that are mainly in your niche.
7. Selling Ad space
Selling ad space means giving a section of your blog or on your website for ad hosting for others. If you have a certain audience by writing good content and maintaining your website, then you can approach brands under similar brands for giving ad space in your blogs or on your website. These ads can come in different forms like banner ads, sponsor content, or videos.
You can charge the money based on the number of monthly page views that you have on your websites. With this, you can earn more revenue while the brands get more sales or more awareness.
8. Selling PLR products
Selling PLR products means selling an asset like a document, video, software, eBook, audio, or other files by giving or getting licences to sell it or use it on our own. If you already have some digital products that you created like ebooks, documents, templates, and more, then you can give licence agreements to other bloggers or creators to sell your products by giving them some commission for every sale that you make,
Or you can ask other creators that have assets like that to give you permission to use them or sell them in your name or your brands by giving some money or by getting a commission from them for every transaction.
9. Donations
If you have a trusted audience or supportive community, then you can run a campaign for donations by saying that’ll help you to run the business and to add more value for them in your articles.
It’s not very passive but will help you to run the business and earn some extra. The world’s most popular site Wikipedia is also run on this.
10. Memberships
Memberships might be a difficult one for the newbie and beginners who don’t have deep knowledge on a topic or niche of the business that you want to run. But if you already have good value content on a certain niche or business, then you can start a membership program. Or you can wait and research the topic that you’re interested in. After you complete your research and have enough knowledge, then you can create a membership program for your audience. So that you can provide them value. It’ll take some heavy work to start but once you start to optimise it well then you’ll earn extra bucks for every month in a fee system.
Conclusion:
There are so many ways to make money from blogging as long as you provide good-quality content. And don’t forget that each model has its pros and cons. Whether you choose to monetize through AdSense, Affiliate marketing, sell products or services or any models, its success eventually depends on understanding your people and engaging with them with quality content.
Don’t forget that being consistent with quality content can bring you more visitors that are loyal ones. You can also diversify your online income to stay afloat in your blogging business. Keep in mind that it’ll not be an overnight success but still with good strategies, hard work, dedication, and understanding of your audience’s problems, your blogs can still be your successful business venture.
Happy Blogging and Best of Luck to You my friend.
