When you are just starting out with the blog then it seems to be one of the most arduous and frustrating tasks to start. With so much information to consume and strategies to digest. If you have ever started the blog and attempted to grow it into a money-making machine then you will know how hard it can be to consistently write, attract new readers and come up with interesting ways to monetize. Even you can plan on how monetize blog into a business where you can get profit. Below are the 4 ways of monetizing a blog.
If you have seen a disclaimer on a blog that the author can receive a commission if you buy the product through the links on their page. This method where the blog owners can promote products and services for earning a small percentage of revenue from every sale. Affiliate marketing will work well when you can promote products that can benefit your readers and ones which you would recommend even if you aren’t getting paid.
Sell Physical Products
With the rise of different types of website building tools, it is becoming very easy for selling products directly on the website. This method is more complicated than the affiliate marketing because you are considering manufacturing, storing inventory and shipping orders.
It is very easy than ever to create and sell courses online and you can use a third-party platform like teachable or Podia which can host directly on the site. The online courses are the way to leverage your knowledge and expertise into income. The difference is that online courses will provide passive scalable income. This method can be an ideal way to how to monetize blog.
Create a Membership Site
Once you have loyal fanbase consider offering an online membership option and membership readers will pay a set amount each month which can be a strong source of recurring revenue rather than a one-time purchase like a course or product. As a Blogger, you can keep certain advanced content inside the membership area.
The above-mentioned methods are the ideal ways of doing business in how monetize blog. Hope that I have covered all the topics in my article about 4 ways of monetizing a blog. Thanks for reading!