Blog writing may seem one of the most tedious and frustrating jobs but it can do wonders in generating revenue. With so much content available on the internet these days, it has become a marketer’s dream to sell their product or services online by driving huge traffic. You can easily monetize blog traffic through Google AdSense, affiliate marketing, and several other methods of monetization.
However, if you are starting blogging for the first time, you must be eager to know the process of monetizing it. Right? Today, we will discuss the seven different ways to generate revenue from your website and foster interesting content in the process.
We all are aware that blogging isn’t a selfless pursuit. Everyone loves to share their words and want them to be viewed by all. They wish to get popular and increase their authority in their individual niche or industry. However, it isn’t that easy. Starting from driving traffic to your blog to monetizing the traffic that you receive, the entire process is crucial and hence should be done carefully. Here are the 7 ways on how to monetize blog traffic and make money online.
1) Affiliate Marketing
One of the most common and effective methods of monetizing blog traffic is Affiliate Marketing. The way it is utilized is pretty simple. Several brands and websites possess an affiliate program that you can join. This will give you the affiliate tracking link.
You will get a commission on every sale, lead, or action you present to a particular site. The best thing about affiliate marketing is that it helps you get in touch with some of the biggest brands worldwide, without the need of holding any inventory or processing any direct orders.
2) Google Adsense
Presently, Google has got a huge number of advertisers who are paying on the basis of per click so that their ads are visible in the search results. It is a kind of advertising program that enables bloggers and website owners to place ads on their websites. The owners of a website using it will earn a commission on the basis of pay-per-click i.e. every time the ads get clicked the site owners will earn money.
Google can recognize the content on your website and serve advertising that is appropriate to what your target audiences are searching for. This is the reason why Google Adsense is considered as one of the best performing tools for digital marketing.
3) Native Advertising
Have you seen several content references for you to click or read through while scrolling down the pages of famous news or media sites? These are nothing but the work of native advertisements. Popular content networks such as Outbrain, Revcontent, and Taboolaempower this kind of advertising and content marketing all over the internet these days. It is one of the most effective ways to drive traffic to blogs and websites and earn revenue in the process.
4) Ad Space
In addition to generating revenue through Google AdSense, affiliate marketing or even native advertising, you will always have the option to sell ads directly. The main advantage of direct advertising is that you can fetch 100% of the money from your site. However, you need to contact advertisers who are ready to pay in order to advertise on your website. The best way to track advertisers is to visit the competitor web pages and check is any advertisers are already present on their sites or not. You can get in touch with these advertisers and propose for placing ads on your site as well.
5) Sell Courses
Another great way of earning profit from blogging is by selling digital courses online. So start creating spontaneous and useful courses that add huge value and the rest will go smooth. By dedicatedly working on these courses, you can easily enable them to sell on autopilot which in turn is a great way for passive earning.
Although courses work wonder when it comes to technical aspects such as digital marketing, web development, graphic designing and much more. But they are also effective in formats like currency investing, finances, stocks and accounting. Just consider where your diligence lies and then build up your course.
6) Sell ebooks
Ebooks certainly provide you a significant way to make money online from blogs. Hence, create an ebook that relates to the content of your blog. Generally, non-fiction ebooks are easy to develop, and in case you are teaching a particular skill that most people struggle with, your ebook is likely to fetch the maximum profit.
You can do a direct promotion of your ebook via your blog by developing interesting content that will bring more traffic to your blog and redirect to your ebook. You can also create a sales funnel, and sell your ebook on autopilot.
7) Sell Coaching Services
While it may seem as if coaching services are penetrating every part of the market presently, using it in your blog can surely be a profitable prospect. Whether you establish yourself as a career coach, life coach or a business development coach, you can fetch a significant amount through just a few clients.
Choose a particular package, and make sure that you address any objections upfront. Always remembers customers usually tend to drop off the purchase process if it’s too complex.
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If you are eager to discover the dynamic domain of online marketing, we welcome you to the IMS family. Till then, keep following our blogs and stay updated on the latest digital discoveries. After reading this blog, do share your views in the comment section.