When I discovered blogging in 2005, I never thought that bloggers could actually make money from their blog. All I knew then is that I just found a new hobby.
I’ve had a few blog monetization experience later on in 2007 and 2008 when paid posts were a thing. But paid posts started to decline during the 2008 economic crisis, and I eventually stopped doing that.
A fellow blogger introduced me to Adsense in 2010 but I never really took it seriously. I did earn a few hundred dollars for a span of two years, and that was it. While I was seeing others who were very successful at it (earning $500 a week!), I thought I didn’t have the right niche, and that all niches that could generate high traffic and income are taken. It is not until seven years later that I realized how wrong I was.
And so here I am, starting all over again. Cliché at it sounds, it is never too late to start. If you’d ask me when is the right time to start, my answer will always be – now.
Here are the most common ways to make money from blogging. If you have a blog or if you are planning to build a blog, these may inspire you to keep going. Be very excited!
By Joining a Blog Contest
This is as straightforward as it gets – look for blog competitions with subjects that you find interesting, determine if you are qualified to join, submit your entry, and if the organizers like it, you win a prize.
4 Reasons Why New Bloggers Should Join a Blog Contest
I’ve joined three blog contests so far, and I won a gift check on my second try. But more than the prizes that you get to receive, the experience itself makes it all worth it.
Apply for or Accept Sponsored Posts
With sponsored posts, you get paid for creating and posting an article in your blog about certain products or services. The sponsor could be an individual or a company. You get paid for the post itself, and not on the sales or page views that they get to generate through your post.
Unlike in a blog contest where traffic is often not a requirement, you will need to have a high number of monthly page views in order to attract offers for a sponsored post.
This is similar to a sponsored post, but this time, you simply put a banner in a strategic location on your page and keep it there for a certain period. In short, your website becomes a digital billboard so your ad space value is dependent on your website’s traffic. A million page views a month will definitely entice advertisers to rent your digital space for an irresistible rental fee.
Most high-earner bloggers are making thousands of dollars because of their affiliate marketing strategies. Affiliate marketing is when you get a commission for every sale that you make by displaying affiliate links anywhere in your blog.
I am a newbie to affiliate marketing, and I honestly haven’t figured out how to make it work for me yet. Some bloggers who were able to “crack the code” say you do not necessarily need thousands or millions of page views in order to make money from being an affiliate. I am still learning, and I sure will share what I get to discover when I get there.
Affiliate Marketing for Newbies
There are lots of affiliate marketing programs available online, and based from what I’ve read so far, the most popular are Amazon, Bluehost, and Agoda. In Asia, Lazada tops the list. I am signed up with Amazon and Agoda and I can’t wait to find out how much my first payout will be.
Adsense and Other Advertising Programs
This is the most common and most popular amongst bloggers and other online content creators. There are several advertising programs available online, but Adsense is almost always the first option for many.
I can’t remember how I got my Adsense account, but I think it was easier to get one back then. It was around 2008 when I signed-up, and my application was approved. Today, Adsense now has certain rules that you or your blog should meet in order to get qualified.
Once you got in, you will be provided a dashboard where you could generate codes that you can insert in any part of your page. These codes will display ads which are relevant to your topic or niche. Say your article is about food, Adsense can detect that and will prompt it to display ads which are related to food such as restaurants, cooking or recipe sites, and the like.
You get paid every month when you earn at least $100.
Just like the other blog monetization programs mentioned above, traffic determines how much you can earn from Adsense. Adsense doesn’t disclose how earnings are computed, so there is no concrete way to know that. For one, it is dependent on so many factors. Not all ads generate the same monetary equivalent, and a page visitor from Northern America is more valuable to advertisers than a visitor from South East Asia. In short, advertisers pay more when the visitor is actually their targeted or preferred audience, which makes sense. Niches and page ranks could also be a factor.
Create and Sell a Product
This is probably every professional blogger’s ultimate goal, to be able to create a product one day and sell it his or her subscribers. This could either be a physical product like a book, or its digital version, an ebook. Others are offering online or email courses about topics that made them endearing to their followers.
Being able to sell your product without being too salesy is another thing. You have to earn your readers’ trust, and before you could do so, you must focus on giving them valuable content and information. If your followers see the value on the “free stuff” that you’ve been generously offering them, they wouldn’t think twice in paying to get more. It all boils down to the quality of your content, how engaging you are to your audience, and the manner and ways on how you respond in order to meet their needs. If you are able to achieve that, then you may have just opened your door towards becoming a full-pledged entrepreneur! And that is all because of having a blog.