How can I make money online with my new blog? How can I monetize a blog fast?
Making money with a blog is mostly the first thing that comes to our mind after creating a new blog. We are curious to monetize our blog, and in today’s definitive guide, I will show you not just how to make passive income but is also the best, easiest, and fastest ways to earn recurring income from home with your blog.
If you are a new blogger or have been blogging for years and find it hard to pay off your debt with your blog, this article is the solution to your problem.
“DO YOU BELIEVE YOU CAN MAKE MILLIONS OF $$$DOLLARS WITH YOUR BLOG?”
It’s more than possible; there are very many of bloggers that make more than $1million every month. So you can!
I know of a blog that makes more than $500 after launching in just two months. They achieved that result because they applied the right monetization strategy, which I will share with you below.
Your blog is new and doesn’t generate big doesn’t mean you can’t make a decent amount of money. One of my friends complained to me that he’d get thousands of visits every month, but he hardly makes $50/month which is painful because it’s a waste of resources.
Making money with a new blog isn’t easy, but with the help of this guide, you will learn the best and easiest ways to make money with your blog quickly.
Let’s cut the story short.
BELOW IS THE BEST, FASTEST AND EASIEST WAYS TO MAKE MONEY WITH A BLOG.
(A) AFFILIATE MARKETING
Affiliate marketing is one of the best ways to monetize any blog. It is very easy and straightforward to make money with a blog by utilizing affiliate marketing.
What is affiliate marketing?
Affiliate marketing is the art of making a commission by promoting other people’s products or services. When you refer someone to the company’s website, and they make a purchase using your affiliate link, the company pays you for getting a customer for them.
Affiliate marketing commissions are recurring(paid every month for one sale) or paid once. The calculation is in rate or percentage.
You could earn a specific amount of money per sale or the percentage of the total sale. The commission solely depends on the company and the product you are promoting.
An affiliate marketer is a person that promotes the product or service. You’re an affiliate if you make money by promoting other people’s services or products.
To start making a massive amount of money from affiliate marketing, all you have to do is;
— Find the best affiliate program that matches your blog and start promoting the promotion. Whenever you make a sale, you will get a commission.
WHAT IS A RECURRING AFFILIATE PROGRAM OR COMMISSION?
A recurring affiliate program is an affiliate program that pays its affiliate every month on one successful sale as long as your referral is active. i.e., you earn every month from one customer that patronizes a business you are promoting. Convert kit is an email marketing tool that offers a 30% lifetime recurring commission to their affiliate marketers.
10 BEST AFFILIATE PROGRAMS TO JOIN AND MAKE MONEY
The list comprises of best, high paying, and recurring affiliate programs to join and make cool cash online. Some are recurring, while some pay you a tremendous amount of money for every successful sale that comes through your affiliate link.
1-AMAZON AFFILIATE PROGRAM
Amazon is the most popular e-commerce site on earth. Finding products to promote on their website is a win-win game because the store has almost any product you could imagine. Its reputation has made it easy for affiliate marketers to make a living with their blog. Amazon affiliate program is best for entertainment, music, news, and product review niche.
2-BERUSH AFFILIATE PROGRAM
BERUSH is the name of the affiliate program of one of the most popular SEO tools, SEMRUSH. Semrush is a blogger, SEOs, and marketers tool for a high success rate in blogging. They do 40% recurring commission on every sale for old affiliates(berush users) and $200 per sale + $10 for trials for shareNsahare users. If you are a blogger in blogging, SEO, WordPress, or marketing niche, semrush is a great tool to promote and make passive income.
3-CJ AFFILIATE PROGRAM (AFFILIATE NETWORK PROGRAM)
Cj affiliate(COMMISSION JUNCTION) is a 3rd party affiliate network ( similar app sumo ). When you signup for these programs, you will be granted access to an uncountable number of affiliate programs to promote and make money while you sleep. They are the middlemen between publishers and advisers. You can register a publisher account if you want to encourage other businesses and earn money with your blog.
4-FIVER AFFILIATE PROGRAM
Fiver is a freelancing website where you can hire someone to work for you or work for the company to make money. Promoting a fiver on your blog is lucrative because most bloggers need one or two stuff done by freelancers on Fiverr. Join Fiverr and earn $15-50 per sale now.
5-CYBER GHOST VPN AND NORD VPN AFFILAITE PROGRAM
You must have heard of CYBER GHOST OR NORD VPN. This VPN has been the most rated VPN on earth (especially Nord). Promoting them is an easy sell because millions of users trust them. If you are in the tech or product review niche, I advise you to kindly enable these services because its the best match for your target audience.
6-BLUEHOST AFFILIATE PROGRAM
Bluehost is the most popular web hosting company on the internet. WordPress recommends them because it’s reliable. I have made thousands of $dollars with the help of the Bluehost affiliate program. It’s easy to promote because every website needs a web host to start a profitable blog. It’s one of the most trusted and oldest web hosts on the internet( founded in 2003 ). Get started and make $65 per sale and make excellent money online.
7-SHOPIFY AFFILIATE PROGRAM
Shopify is the best e-commerce solution for small and large-scale businesses. With Shopify, you can sell anything you do. They provide users with the right tools to set up your online store and sell your product and services anywhere, anytime. They make it easy for non-coders and low budgeted business’s to start a professional store online. Get started with the Shopify affiliate program and earn 20% per sale.
8-TUBEBUDDY AND VIDIQ
Are you a YouTuber? or are you in the field of digital or affiliate marketing? Tube buddy or vidIQ has got you covered. The tool helps you optimize your youtube channel and video to get high engagement and rank your youtube video in organic search results. It’s a youtube SEO tool. Tubebuddy affiliate program pays you up to 50% recurring commission per sale, while vidIQ pays you up to 25% per sale.
Jumia is the largest E-commerce store in Africa with over a 31million African users, 1 billion annual visits, founded in 2012. The store offers a different variety of products from marketers within Africa. Its popularly known in Ghana, Uganda, Egypt, South Africa, and NIGERIA. Jumia is called African AMAZON. JUMIA JFORCE is one of the best affiliate programs in Africa.
10-TEACHABLE AFFILIATE PROGRAM
Teachable is an online service tool that helps you create and monetize your course. They lead you through the whole process of creating and monetizing it. You can use this tool to start and organize a virtual online class where you teach your students how to do stuff online. Teachable is slightly expensive, but it’s highly profitable. They offer a lifetime recurring affiliate program to their affiliates. You earn 30% of your referral purchase forever as long as your referral uses the platform.
PRO TIP1: BERUSH AND TEACHABLE IS THE TOP-PAYING AFFILIATE PROGRAM ON THE LIST ABOVE. BLUEHOST AND CJ AFFILIATE IS THE BEST TO JOIN. NORDVPN, VIDIQ, AND BLUEHOST IS THE BEST EASY SELL AFFILIATE PROGRAM( An easy sell product is a product you can quickly sell online )
PRO TIP2: HOW CAN I CHOOSE WHAT TO PROMOTE? Find the great product that helps your referrals. Find products or services that are easy to sell or very cheap and affordable products or services
(B) OFFER SERVICES OR SELL YOUR SKILLS ONLINE
What can you do? Offer it as a paid service on your blog and make money. Brian Dean of backlinko(being one of the best SEO in the world) monetize his blog by selling his SEO skills as a course on his blog. Course name; SEO THAT WORKS. He has made hundreds of thousands of dollars by selling his skill online. Does this require money to start? NO! You can easily offer your professional service or gift on your blog without spending and make money online. As said, knowledge is power; all you need is excellent professionalism in your niche to convince your blog visitors to hire you.
Also, RYAN ROBINSON OF RYROB(one of my favorite content marketers and among the best in the world) offers content marketing services on his blog, which has helped him make extra income on his blog.
11-SELL YOUR SKILLS ONLINE
No blogger would say that he/she doesn’t have a professional skill. At least you could write a well-detailed and comprehensive article(writing skill). To make money by offering services on your blog, all you need to do is create a detailed post or banner and link it to a widely visible part of your blog (e.g., on your homepage, header, or footer section).
Are you good at web design? Or are you good at WordPress development?
Can you create graphics or animation? or market something online? Anything you could do effectively, offer it as a service on your blog. I am good in SEO, content writing/marketing, digital/affiliate marketing, WordPress setup/design, and optimization. You can contact me lets work together if you need help with any of these listed above.
PRO TIP1: YOUR PROFESSIONALISM AND EXPERTISE SHOULD BE YOUR NICHE SHOULD BE YOUR MAIN FOCUS AREA WHEN RENDERING SERVICE ON YOUR BLOG.
EXAMPLES OF SKILLS YOU CAN SELL ON YOUR BLOG ARE;
- -SEO SERVICES
- HOW TO START A BLOG TUTORIAL
- -CONTENT MARKETING/WRITING SERVICES(EG, HOW TO WRITE ACTIONABLE ARTICLE THAT RANKS ON GOOGLE SEARCH RESULT)
- WEBSITE MAKER (DESIGN AND OPTIMIZATION)
- -GRAPHICS DESIGN AND VIDEO ANIMATION SERVICES
- -FACEBOOK AD OPTIMIZATION
- –WEB DESIGN AND DEVELOPMENT SERVICES
- -WORDPRESS SETUP SERVICES
- -FITNESS DOCTOR
- -GOOGLE AD OPTIMIZATION AND MANY MORE
As you can see, you can start to make money on your blog without spending money on 3rd party tools, and that makes it one of the best ways to make money online.
Low traffic won’t stop you from making money using this strategy; all you need is excellent expertise in your field to convince people to hire you, just like Neil Patel(an expert digital marketer).
PRO TIP2: SHOWCASE YOUR EXPERTISE IN YOUR BLOG POST. YOU CAN ACHIEVE THIS BY OFFERING FREE GUIDES THAT SHOW YOU ARE AN AUTHORITY IN YOUR FIRLD; THIS HELPS IN CONVINCING YOUR POTENTIAL CUSTOMERS(PROSPECTS) TO CONVERT AND WORK WITH YOU.
12-BECOME A COACH OR AN EXPERT CONSULTANT
WHO IS A COACH? A coach is anyone who trains a person or gives a private lesson to someone to help them solve one or two problems or challenges.
WHAT IS COACHING is solving your client’s problems using your knowledge and directing them on what to do and avoid being prosperous.
As a coach, you will be answering any question from your client on one-and-one live chat, online chat, or virtual live chat.
As a coach or consultant, you would charge any amount of your choice per session. You could charge $20/1hr session or $50/30 mins session. What matters is your experience and the type of service you render. A couple of bloggers make thousands of $DOLLARS/month by coaching others in their blog. If you can do yoga effectively, offer it as a coaching service because it’s in high demand. Whatever you could ever do extraordinarily, start a coaching service and make money online today.
I offer a free coaching service for free, only for those that subscribe to my email list. My free SEO and WORDPRESS consultation service worth $25/month. SUBSCRIBE NOW AND JOIN THOUSANDS OF PEOPLE RECEIVING MY BI-WEEKLY FREE PRO TIPS.
Membership or subscription are ways entrepreneurs, bloggers, and marketers earn money online. You can make a massive amount of money by offering membership or subscriptions to your loyal visitors. All that’s required to be successful in this aspect is to have high authority and trust in your field. Create contents that people are searching for, which is of great value, and offer it as a service only for subscribed members.
Earning money with a blog using this strategy is of great value because it is a recurring payment monetization strategy and a long-term deal. Your subscribers will be paying a certain amount of money every month to use your tool or service online.
Offer your professional skill as a membership and create rare and actionable content for your prospects. If you are good in SEO, marketing, blogging, graphics design, or copywriting.
why not make excellent contents that are “RARE” and grant access to only those that pay to access the content? Brian Dean of Backlinko takes advantage of this by implementing his SEO knowledge to double his blog income, generating lots of income for him.
Because he is good in SEO and has ranked many keywords on google result page1, he created content that has not been found elsewhere and locks it, which could only be accessed if you pay to have the tip.
Ranking on page1 in result pages for a high competitive keyword is not easy, so he created content that guides you on how to do it yourself, which is only accessible to those that pay to view the content. It’s amazing.
If you want to rank high, why won’t you pay to access the content?
There are a couple of ways to earn online by implementing a membership strategy, these includes;
-Creating online or web tools for free then restricting access to top-rated features. It will make free users upgrade to paid members. Elementor, covert kit, and many other blogging tools use this monetization strategy to earn on their website.
Create free actionable content for your blog users and restrict access to pro tips just as brian did.
I love membership or subscription blog monetization strategy because users pay you weekly, monthly, yearly, or one-time to access your service or content.
PRO TIP1: YOU CAN CHOOSE TO BE PAID ONCE OR EVERY MONTH FOR USING YOUR TOOL OR SERVICE.
PRO TIP2: MAKE SURE YOU PROVIDE VALUE TO YOUR CUSTOMERS SO THEY CAN PATRONIZE YOU.
PRO TIP3: GIVE OUT FREEBIES FOR EXISTING AND NEW CUSTOMERS. DISCOUNT IS A WAY WE GET AND RETAIN CUSTOMERS
PRO TIP4: MAKE YOUR SERVICE CHEAP AND AFFORDABLE.
HOW TO CREATE A MEMBERSHIP BLOG/WEBSITE
-INSTALL MEMBERPRESS AND COVERTKIT OR AWEBER OR ANY OTHER EMAIL MARKETING TOOL
-ADD FREE CONTENTS
-RESTRICT ACCESS TO PAID CONTENTS AND ADD ITS PRICETAG
AFTER SETTING IT UP, SOME PARTS OF YOUR BLOG WILL BE FREE TO ACCESS, WHILE SOME WOULD REQUIRE SOME PAYMENT FOR IT TO BE ACCESSED.
14-SELL NEWSLETTER SPACE <PRO EMAIL DIGEST>
Do you know? Some bloggers make money online with their blog or website by sending a weekly or monthly email newsletter to their subscribers.
If you have great expertise in your niche, you can earn money blogging by selling pro email newsletter space to your blog visitors. As an authority in your field, prompt users with paid email newsletter subscription form. With your expertise and reputation getting clients that pay to learn from you is very easy.
Your focus should be to gain trust in your industry. Your influence speaks for you. NAIRAMETRICS, a finance and business blog popularly known in west Africa, has used this medium to earn online with their blog.
Because the blog is an authority in its field, the CEO, PASCAL, took that advantage to make money with his blog by selling email newsletter space for visitors who want to make money trading. They send trading signals to their subscribers about the drop and increase in cryptocurrency and the stock market and when to buy and sell.
Crypto is a fantastic business; if you are a newbie in crypto trading just like me, why won’t you pay to get tips from trusted and advanced players in your niche?
He is successful because crypto is not easy to trade and make money, so helping newbies in his field to make money without losing is a win-win business.
Also, popular SEO expert Marie Haynes, uses this strategy to monetize her blog. Your niche doesn’t determine whether you can make money with your blog using this strategy. What matters is your authority and expertise.
What can you offer that most people can? Offer it as a paid newsletter.
The advantage of this is that users keep paying you every month to receive your tips. Sell your knowledge to your blog visitors and make money online.
PRO TIP: MAKE SURE YOUR SERVICE HELP YOUR CUSTOMERS
(C) AD NETWORKS
WHAT IS AN AD NETWORK? Adnetworks are 3rd party advertising company that creates an indirect connection between publishers and advertisers.
It involves getting an Ad from the advertiser and paying the publisher for publishing or displaying it on their blog or website.
As a publisher, you will earn from your blog through Ad-network for showing adverts on your blog. For instance, if an advertiser pays Google to promote their business online, google then use algorithm and machine learning to display those adverts to a targeted audience and right blogs.
There are a couple of Ad-networks out there, but we will only discuss the best and top-paying ad networks.
Below are the best and most popular ad networks in the world.
What is AdSense? Adsense is a Google-owned product that facilitates indirect negotiation between a publisher and an advertiser.
There are a couple of ways you can make money online with the help of your blog. Adsense is not the only way to monetize a blog – Nwangene Franklin.
HOW MUCH CAN I MAKE FROM ADSENSE OR ANY ADNETWORK?
It’s not sure. Traffic size, traffic sources(geolocation), CPC(cost per click), CPM(cost per 1000 impression), and your niche and industry determines how much you will make by using Adsense to earn online.
A couple of bloggers and marketers make more than USD 20k from google Adsense every month. Some earn below $100/month. Use the tip below to guess your potential earnings.
This metric below will help you evaluate your potential Adsense earnings.
Traffic source refers to the location of your blog visitors—traffic from higher tier countries=high revenue. A blog with 200 USA visitors will generate more income than a blog with 200 Nigerian or Indian visitors. Tier 1 country blog visitors will generate more revenue than tier 3 country blog visitors.
E.g. of tier 1 countries include USA, CANADA, SWITZERLAND, CHINA, HONG KONG, SWEDEN, FRANCE, GERMANY, SINGAPORE, NETHERLANDS, NORWAY, LUXEMBOURG, UNITED KINGDOM, JAPAN, AND DEMARK. The countries above have high purchasing power and as well high-income nations.
Tier 2 countries include, but are not limited to, QATAR, KOREA, AUSTRIA, BELGIUM, FINLAND, SPAIN, POLAND, GREECE, ARGENTINA, UAE, SAUDI ARABIA, PORTUGAL, RUSSIA, ISRAEL, ITALY …
Tier 3: Angola, Dominican, Ethiopia, Nigeria, India, Pakistan, Ghana, Vietnam, Kenya, Sudan, Uganda, Bolivia, Cameroon, Nepal, Zimbabwe, etc
I list these to help you know your expected earnings.
PRO TIP: TARGET TIER 1 AND TIER 2 COUNTRIES TO EARN MORE FROM AD NETWORKS. TRAFFIC QUALITY CORRELATES TO EARNINGS.
A blog with 100k unique visitors will always earn more than a blog with just 20k visitors. The quantity of your traffic determines how much you can make online with Adsense.
A USA OR UK netizen could get you up to $8 per ad click, which is likely impossible for visitors from tier 3 countries.
PPC and CPC are pay per click and cost per click, respectively. PPC are metrics publishers use to predict the outcome of their earnings from one single click. CPC is used to determine how much advertisers need to pay for every single click on their ad. CPM, cost per 100 impressions, determines how much an advertiser needs to pay every 100th time their Ad gets viewed online or how much a publisher earns when their blog visitors view an ad 100th times.
Your niche highly correlates to your earning. Some niche competitive. Most competitive places are of great value because competitors tend to bid and compete over a keyword, increasing the CPC of that keyword. These are Niches and keywords with high CPC, INSURANCE, LOANS, LAWYER, ATTORNEY, FINANCE, MORTAGE, CLAIN, TRADING, SOFTWARE, TRANSFER WEB HOSTING, TREATMENT, GAS/ELECTRICITY, RECOVERY, REHAB, CALL CONFERENCE DONATE ETC.
Google AdSense is a way to earn unlimitedly with your blog. All you need is to apply to get started.
Google AdSense is the best ad network to leverage. The most common issue we have is getting approved.
HOW TO GET GOOGLE ADSENSE APPROVAL
- 1-Write unique and comprehensive contents that’s free from plagiarism(non-copied content)
- 2-Optimize your blog for a great user experience
- 3-Create privacy, terms/condition, and about us/me page
- 4-Interlink your blog effectively
- 5-Use your menu and footer to include navigational links on your blog
- 6-write long-form article
- 7-Have at least 25 articles before applying
- 8-Avoid applying immediately after creating your blog or website(apply after two months)
HERE ARE LIST OF BEST ADSENSE ALTERNATIVES (AD NETWORKS) YOU CAN CHECK OUT(TOP 10)
Media.net is an ad network owned by and managed by popular yahoo and bing search engines. It’s the best alternative to Google AdSense because of its high pay. Most of your traffic needs to come from the USA, UK, CANADA, or AUSTRALIA to get approved.
Propeller ads are another excellent ad network bloggers neglect. It’s among the best, not just because it pays well but because it’s easy to get approved. Unlike Google and media.net, propeller offers various options like push notifications, text ads, etc.
Adsterra is making a way in the industry. Just apply and get approved as fast as possible.
19-AMAZON NATIVE ADS
Amazon native ads are a great alternative to Adsense. Earning from it is easy and straightforward. They leverage contextual ads(i.e., they display ads according to the niche and keywords of the blog on the page you are viewing)
Do you why I like Skimlinks? Although its tiny ad network below 100K merchants, you have an excellent opportunity to build direct connections and partner with merchants that offers you a special commission to promote their products on your blog.
It is a hidden fact most bloggers don’t know, which I found lucrative and helpful. You could be earning an additional % percentage of the standard rate for promoting a product or service via VIP or preferred partner program.
Infolinks is a fast-growing ad network with over 100k users in 120+ countries. Give it a try and enjoy.
Monumetric, formerly called “blogger network,” utilizes CPM to calculate revenue and expenditure of a publisher/advertiser on a specific keyword. Most of us believe that AdSense is the top paying ad network because of its popularity, but the fact is that AdSense pays high but not the highest paying ad network. Try volumetric and give me feedback.
Its reportedly said to have higher pay than Adsense (source kinsta). Why not join monumetric and make passive income while you sleep? All you need to get approved is 10k monthly visitors.
Are you still in the look of the best-paying ad network? Are you looking for an ad network that pays like AdSense? If yes, yllix is the answer. With a high pay rate, daily payment, and instant approval, yllix is among the best ad networks in the world.
If your blog has over 50k monthly pageviews, not restricted by login form, and has a custom domain for your blog, then adversely will approve your request whenever you apply.
Adsterra is an ad network that is popular in this industry. With billions of impressions/month, it is an option to choose when there’s no Adsense account to monetize your blog.
-Others include revConstant, PopAds, pop Cash, Evadav, advertiser, buy sell ads, AdClickMedia, Adbuff, Madads media, and ad recover.
(D) E-COMMERCE AND ONLINE SHOPPING
There are many ways to make money with your blog by utilizing E-commerce and an online store. You can create your store online, make money online, or create an e-commerce store where users can quickly sell their products online.
26-START ONLINE MARKETPLACE/CLASSIFIED SITE
Have you ever visited eBay, Aliexpress, Jumia(African amazon), amazon(Largest eCommerce site), Jiji, Flipkart, Walmart, Etsy, or Alibaba? These are examples of eCommerce or online stores.
What is an online marketplace?
An online marketplace is where you can buy and sell products online. As said that if your business isn’t online, then your competitors are ahead of you. No one would be happy to be behind the scene(ITS COMPETITORS).
Starting an online market is lucrative because you tend to help other marketers sell their product online to be ahead of their competitors and get paid for each product listed on your website, on every sale made, or both.
REASONS WHY YOU SHOULD START AN ONLINE MARKET STORE
- It’s of high pay rate
- It’s lucrative
- It’s easy to start
- It’s a way to earn passive income online
- Take a look at Amazon(of course you knew of Bezos)
What is dropshipping?
Dropshipping is a form of e-commerce store whereby the customer buys from the supplier indirectly. E.g., is when a buyer pays for goods on the dropshipping website that isn’t on the stock with you, you then forward the other to your supplier, who finally ships the product directly to your customer’s geolocation.
Dropshipping is my best e-commerce marketing strategy because its of great value and low cost for start-up. We neglect dropshipping because we don’t know how it works and its potential. There are an uncountable number of marketers on Amazon, eBay, Aliexpress. You can partner with them as your supplier and make money online.
I love dropshipping over the eCommerce store because your products and shipping are managed and done by your supplier. All you need to do is to find customers that patronize you; your supplier does the rest(hosting the product and shipping it to your customer’s door post)
You signed an agreement to buy at wholesale price($45) from your supplier and sell at retail price($75) to your customer. In contrast, your supplier sends the product to your customer any time you forward your customer’s product details to them(your supplier).
Dropshipping is an easy way to make money online with your blog; all required is to build a good relationship with your supplier and your loyal customers.
DROPSHIPPING REQUIRES JUST LITTLE AMOUNT OF MONEY TO START COMPARED TO AN E-COMMERCE STORE.-
28-START AUCTION OR BIDDING SITE
Auction or bidding site is a kind of e-commercing where goods or item put on auction is sold to the highest bidder. The difference between e-commerce and auction/bidding sites is that a product or goods are sold to the highest bidder, while native e-commerce stores have a unique selling price.
In an auction or bidding site, the seller can predict how much they would sell until they reach a specified condition or agreement; it could be a date interval whereby the highest bidder on a specified date wins against his/her competitors.
E-bay isn’t just an online marketplace; it is also a bidding site where customers/users can bid on auction products and stand a chance of purchasing them.
AUCTION OR BIDDING SITE ISNT ALWAYS E-COMMERCE OF A THING. You can as well create a bidding site for another thing outside of e-commerce. You can create CRYPTOCURRENCY bidding; you can create a bidding advertising platform just as GOOGLE ADWORD, where competitors bid on a particular keyword to rank on the google searches for a specific keyword.
An auction or bidding site is an excellent business idea to start and make an unlimited amount of money online. By having an auction, you can make money by charging a certain percentage of your user’s transaction or offering service users could bid on(just as google Adword) or finance(cryptocurrency auction site and marketplace)
E- SELLING DIGITAL PRODUCTS/SERVICES
Digital products/goods are products we see virtually and use but can’t touch. Ebook, downloadable music, web articles/contents, internet radio, internet television programs/services, webinars, online courses are all examples of digital products. In a nutshell, a digital product is products we sell, buy or use online that don’t exist in physical form. i.e., you can see it, use it, feel it, but can’t touch it.
BEST DIGITAL PRODUCTS TO SELL ONLINE AND MAKE MONEY
- -SELL EBOOK
- -SELL YOUR PRODUCTS (SOFTWARE LICENSE/SUBSCRIPTION, WEB TOOLS/APPS)
- -SELL MUSIC ONLINE(iTunes is one of the most popular and successful platforms for selling music online)
- -HOST WEBINARS OR ONLINE SUMMIT
- -SELL YOUR COURSE
- –CREATE A BLOG AND SELL
29-SELLING OF E-BOOKS ONLINE
What is Ebook?
Ebook (Electronic book) is a digital product in article form, which contains texts and images. E-books could be viewed online or with an e-book viewer(e.g., adobe pdf)
Selling an e-book is lucrative because you can create an e-book of anything you could imagine, sell it on your blog, and earn money online. Do you have an article that’s worth selling online? If yes, compile the content in an e-book format and market it on your blog. When selling an e-book o any kind on your blog, always strive hard to provide value to your customers.
It will resonate thought of purchasing any e-book you create. Can you create engaging content? Write a helpful, comprehensive, and educative e-book that fits your niche and makes money while you sleep by selling it on your blog.
Ebook marketing is one of the best ways to make it online because you don’t need to spend much money or time creating and monetizing your blog with an e-book. Sometimes you don’t need to spend any at all.
Making money with an e-book is very simple and highly cost-effective.
BELOW ARE TOOLS NEEDED TO CREATE AND MONETIZE A BLOG BY SELLING E-BOOK
- -WPS OFFICE TOOL(a free tool for creating the e-book)
- -EASY DIGITAL DOWNLOADS(to enable download on purchase)
- -E-BOOK COVER, which you can use to create an engaging e-book cover. That’s all.
RECOMMENDED E-BOOK TO READ
Pro tip: If you don’t want to spend any amount creating the e-book, you can sell your e-book by telling potential customers to make a direct transfer to your bank account and contact you for their copy.
E-book selling is one of the best ways to monetize any blog because you can make an E-book on any blogging niche and make money online.
Pro tip: Using an e-book cover and easy download plugin makes purchases easy and faster, increasing purchases.
30-SELL YOUR OWN VIRTUAL/PHYSICAL PRODUCTS(TOOLS, APPS, SOFTWARES…)
Do you a virtual product you can create and sell online? What can you make or produce as a blogger? You can sell any virtual. Your target audience determines what you should sell on your blog.
Can you create a blog or website? software? graphics? Video contents? or anything at all. Why not make them and place them on sale on your blog? You can as well print texts that relate to your blog on fabrics and sell.
SEARCH ENGINE JOURNAL makes money with their social media account by selling clothes with SEO-related texts published on them. Always ensure you can deliver any item purchased on your blog.
As a web designer, you can create websites and place them for sale on your blog. As a graphics designer, you can create aesthetic images and sell them online. There are a couple of ways you can make money online with the help of your blog.
31-CREATE MUSIC STREAMING WEBSITE
Have you ever heard of apple music? popularly known as iTunes. It’s a music streaming online tool that you use to sell, stream and download music online. Users posts their music on the platform and sell, while iTunes takes a certain percentage or flat rate for each piece of music published or sold on their platform.
Musicians and artists don’t play with iTunes because they make a massive amount of money on it. Users love a platform that is valuable and helpful. Creating a music streaming platform like iTunes is of great value because the globe is full of young and rising artists who will patronize you to promote their music online.
32-HOST PAID WEBINARS OR ONLINE SUMMIT
What is a webinar?
A webinar is an online live event that involves experts on a specific area of specialization that discuss a topic for their audience to watch and learn from their insight. Webinars often involve a large number of viewers around the globe. Viewers could ask questions on the live screen and got a helpful answer from the host or guest expert on that field. Viewers have different ways to communicate with the host and guest experts; they can submit polls and otherwise.
When a user comments on a live webinar, only the host and guest speakers will see it. The guest or host will either reply with a text or voice note. So This is a way to communicate with experts that have answers to your problem.
As an expert in your field, you can make money online by hosting paid webinars or online summit. Although most marketers make it free in return for leads(collecting your email addresses), you can make a massive amount of money if you have great experience in your field.
Online webinars, on the hand, is an online event where the host interviews guest with high knowledge on a particular field or topic. It’s a collaborative and interactive type of event that involves guests and a host. It often 6-30 experienced guest speakers.
You can create an event and prompt interested prospects to subscribe and watch the event on a specified date and time.
Pro tip: You can make money by creating and monetizing a webinar event, but it’s best to collect leads(emails), which would indirectly result in increased traffic and earnings.
33-START ONLINE COURSE
What is an online course? An online course is no different from our regular school lectures. The only difference here is that you pay to have classes online to have lessons in colleges and universities. That’s how you pay to have a virtual online class.
Online courses are either paid once to have full access to an already prepared course. Sometimes it’s recurring(you pay every month to access the course).
Anesthesia blogger, brian dean, Matthew Woodward and, Neil Patel are a few well-known bloggers that utilize the power of E-learning (online course) in their monetization strategy. They have made thousands of dollars by selling a lecture on their blog.
Your experience and expertise will determine how much you could make by offering an online course to your blog users. No one would purchase a course without trust. So to make your prospects trust you, all you have to do is,
-WRITE QUALITY ARTICLES FROM YOUR EXPERIENCE & OFFER GREAT VALUE FOR FREE( THIS MAKES THEM BELIEVE YOU HAVE THE POWER ).
PRO TIP: WHEN OFFERING A COURSE ON YOUR BLOG, ALWAYS MAKE SURE YOU OFFER SOMETHING OF GREAT VALUE(SOMETHING THAT IS RARE AND HELPFUL)
The crappy course would result in the loss of potential customers because one negative review from your customer could make you lose many prospects. So always make sure to provide value. It’s essential. On the other hand, one positive review could get you many customers and generate more income using word-of-mouth and social media promotion from happy customers.
Earning money online involves understanding your industry and potential customers, then applying the right marketing strategy. Always make sure your course is worthy of sharing and recommending. If you arent sure if your customers are happy, ask them to send you email feedback on how they feel about it. I know this will help you determine whether your course is excellent or not.
Do you want to create an online course or virtual classroom to manage yours? WPCOMMERCE, LEARN DASH, AND TEACHABLE(most recommended) are the right tools you can use to create and earn online with your blog.
There are still untapped ways to make money online; the funny part of this is that most of the ones I will share below are recurring, meaning you earn every single month by implementing the strategies below.
34-CREATE JOB LISTING WEBSITE(JOB MARKETPLACE)
What is a job listing website?
A job listing website or job marketplace is a hub connecting employers and employees. It makes easy for employee and employer to connect easily. With a job marketplace, you don’t need to be walking up and down in search of work, and as well you won’t spend much time finding someone to work for you. A job listing marketplace does it for you. That’s what the job marketplace does for you.
Almost everyone needs good work that pays. What do you do when you have no work? You strive to get, right? YEA. As a job seeker, a job marketplace helps you find suitable work online and offline without moving around searching for work.
All you need to do is find a friendly marketplace with a large user base and submit your CV. Some may charge you a small amount of money for submitting it; some will charge you anytime an employee makes a move to negotiate with you or pay per-listing you make on the website.
An uncountable number of listings are posted every week on the job marketplace, which is a tremendous amount of money.
Indeed.com is the most popular job marketplace in the world, with over 250 visits every month. How is it done? An employer posts a job opportunity with a token, and a potential employee submits his or her CV. To requests for hiring, you will need some fees.
Glassdoor is the second most popular job listing marketplace behind indeed.
Creating a job listing marketplace is of great potential because most developing countries need comfortable high paying jobs to start.
35-FREELANCING JOB LISTING MARKETPLACE
The freelancing job marketplace is a job marketplace where employers and employees negotiate the platform. Unlike traditional marketplace, you can continue your negotiation or interact in any other medium; it’s not always achievable in the freelancing job marketplace(Upwork in particular).
Earnings are made easy with a website by taking advantage of the freelancing marketplace: Upwork, Fiverr, freelancer. In, freelancing.com and guru are all examples of the freelancing job marketplace.
Upwork, for example, makes money anytime you post a job, anytime you got hired or complete work, anytime you submit a proposal(whether you receive an offer or not). It has a specific amount for each action performed on its platform.
When you run out of credit, you will need to pay some amount of money to purchase credits to submit a proposal or post a job on their platform.
Do you see that this one of the best monetization strategies most bloggers neglect? We only get stuck in AdSense and affiliate marketing, leaving a goldmine money-making strategy.
Guru.com, fiverr.com, freelancer.com, and other freelancing marketplace have their way of monetizing their platform.
Start a freelancing marketplace.
36-CREATE A PAID BUSINESS LISTING DIRECTORY OR REVIEW DIRECTORY
A business directory or review site is a website that hosts your blog details and allows users to review your business. Before you submit your blog to a paid directory, you need to pay a small amount of money. It could be paid once or every month. Google my business is a business directory hub that charges you to host and verify your business on their website.
With a paid business directory, you charge blogs for hosting their blog on your website. Create a local business directory where bloggers submit their blog and its description for reviews from users of your product. Bloggers and marketers love this because they always want legit proofs to back up their business or blog.
Trustpilot is a top-rated review site; they earn by charging brands that want honest and loyal reviews from their clients, which is very important in their marketing journey.
Yelp is a product review directory. You submit your product to be reviewed by your clients or customers on their platform. Whenever a product is listed, they earn a certain amount of money.
You can make a considerable amount of money blogging with a business directory monetization strategy. Your earning could be a one-time payment or recurring, depending on your wish.
Apart from the sponsored post, which other ways do you use to monetize your blog in terms of promotion?
What is a paid review?
A paid review is a post your write about companies or brands product or services. As an expert in your niche, most bloggers, marketers, companies, entrepreneurs, and business people are likely to bring their product to write a detailed review about it.
Product review is a kind of marketing strategy brands use to reach a wider audience outside their circle. It involves defining a product, its features, and as well what its capable of doing. Brands want to tap into your audience; they want a reputable professional to talk about their product or service. Of course, you know, authority is crucial in your marketing strategy.
You shouldn’t always wait for paid reviews to come to you; go for it. Reach out to brands and companies that match your business and ask for a review of their product or services. If they accept, you negotiate on price and write the review for them and make money online with the help of your blog.
A sponsored post is an article you publish on your blog from another blog. When someone offers you something to publish, you make money by posting the article on your blog. Most entertainment bloggers make a considerable amount of money by sponsoring other people’s posts on their blog(paid guest posts).
The first step in monetizing your blog by utilizing sponsored posts is to make awareness on your blog that you accept sponsored posts. You can write create about it, or create an “advertise with us” page and link it in a well visible area on your blog(footer and header section)
What banner ads? It is a type of advertising that’s in image or graphics form. Host other people’s content on your blog and make money every month for publishing their content on your blog.
Because google ads won’t get you such results with the same amount you paid in a blog advert, it makes sense to create a banner that shows you accept adverts on your blog. Doing this creates awareness and helps to open room for negotiations.
A couple of blogs, marketers, advertisers and businesses would love to market their brand to your blog visitors. Of course, they believe it’s the best match for their business. Creating awareness will fuel partnerships with brands and may also result in a lifetime partnership.
I know you will be amazed to have this on the list. OK, ask yourself this question. How does Wikipedia make money? The answer is a freewill donation. Wikipedia is a free source online journal for all kinds of information from expert contributions.
Wikipedia doesn’t monetize their content neither do they run adverts. Wikipedia has billions of visits every month which mean if they decide to monetize their blog, they would be making hundreds of millions of dollars every month.
Because it’s a free source of info, they make it accessible. Wikipedia makes money from donations(freewill donation), do you know? Has Wikipedia made billions of dollars from freewill donations alone? Yes, you can as well do the same on your blog. Just be loyal to your fans, give them freebies worth selling, be truthful and transparent to them; then, you are good to go.
BEST MARKETING STRATEGIES; HOW TO MAKE MONEY ONLINE
The lists above are 40+ ways to earn money online with a blog(ways to monetize your blog). In this list, ill guide you on the best strategies you need to implement to earn passive income online. It’s a different but similar thing. below are the best methods on how to make money online
Discounts resonate with your customer’s interest in purchasing from you. It’s a good practice to build a good relationship with your customers. It rekindles their spirit, making it easy for them to patronize you. Give them an irresistible offer as a discount to buy your product or service. You can give them coupon codes, gifts, or a reduced price for buying more.
PRO TIP 1: If you want to make a massive amount of money selling your product or services online, offer an irresistible discount to your loyal customers.
PRO TIP 2: Don’t give a discount on something that doesn’t match your business or niche.
Discounts can be in the form of cashback, coupon code, buy one get one free or one-month free subscription for long term subscription, etc.
42-LEVERAGE SOCIAL MEDIA; SPONSORED SOCIAL MEDIA POST
Social media is a source of income for most social media influencers. Don’t only focus on your blog’s traffic; make use of your social media account. Market your products or services to your social media fans as well. Earning money is very easy when your target audience sees your product.
PRO TIP: USE HASHTAGS THAT MATCH YOUR BLOG AND NICHE TO REACH TO OTHER PROSPECTS OUTSIDE YOUR CIRCLE. It makes earning easier and as well, increases your follower base and social media follows.
A sponsored social media post is a post you pay to promote on social media. How often do you promote your post on social platforms? A couple of bloggers make a lot of money through social media advertising(promoting their brand online by partnering with influencers on specific social media platforms).
On the other hand, if you have large followings in your social account, you can make money by promoting different brands that need to tap into your audience.
Social media is a must-have tool all bloggers need to make money online.
I made about $300+ with Bluehost and hostinger in two months promoting their products without having a blog. It’s easy for me because I utilize social media and implemented the right social media marketing strategy, and also studied and understood my targeted market(very important)
Use hashtags that match your ad.
Social media marketing is crucial for your success in blogging.
43-BUILD CLOSE RELATIONSHIP WITH INFLUENCERS
Every niche has influencers within. Partner with those influencers to help you market your product/services or promote your blog post to their followers. Partnering with influencers won’t only help you make money online but also enables you to increase your social followings.
Building a relationship requires following their account, commenting, sharing, complementing their work/efforts, and messaging them on necessary occasions. Doing this will make them notice you and realize one of their active followers.
Of course, you know they have large followings on social media. Your partnership with them makes it easier for you to get brand exposure and increase your revenue if you sell a product or render a service.
PRO TIP 1: Influencers with <25k followers tend to be the most influential.
PRO TIP 2: It’s better to partner with four influencers with 25k followers than partnering with one account with $100k followers.
PRO TIP 3: Pre-market your product online before launching it.
44-TARGET THE RIGHT AUDIENCE
I would say that this is the essential aspect of marketing. Targeting a broad audience with no interest in your brand isn’t advised. Target specific(narrowed/small audience) that matches your business instead.
The most common mistake we make while trying to earn money online is targeting everyone instead of targeting a specific type of audience.
The road to targeting the right audience in blogging focuses on one niche and its sub-niche and not blogging on every niche.
Blogs that target everyone will often get high traffic but won’t see high ROI(RETURN ON INVESTMENT), i.e., low earnings; WHILE a blog that targets a specific audience generates mid-low traffic but with increased revenues and a high rate of conversion.
If you want to make easy money online with your blog, focus on a specific niche.
What is a niche?
A niche is a category in which you blog(e.g., blogging about digital marketing alone or news alone)
A specific niche means blogging on one category, not writing content on any niche of your choice.
Someone that writes content about music, SEO, hacking, lifestyle is on a general niche that is not specific. Making money in a broad place is not easy compared to a particular niche because, in a particular niche, you know about your target audience and your industry.
Here at blogimize.com, I blog about blogging, SEO, and WordPress, which are under blogging.
You can blog on a niche, and as well it’s sub-niche as I did.
I can’t write an article about news, gaming, sports, business, or finance on my blog because I have a specific niche(area of specialization).
I can easily monetize my blog by presenting the right content to a targeted audience. Focus on a specific niche
45-LEVERAGE FACEBOOK ADS
Facebook is the largest and most popular social media platform on earth. Running a Facebook ad is a must because your target audience uses it.
All sets of the audience are available on the platform. Many became public figures with the help of Facebook ads.
VERY IMPORTANT: INSTALL FACEBOOK PIXEL ON YOUR BLOG IF YOU HAVENT.
It used to re-market to anyone that has accessed your website or blog on Facebook anytime. Facebook pixel makes it for us to make money online by presenting the right ad to a specific type of audience.
Making money by running Facebook ads is not easy if you find it hard to narrow down the type of audience you want to target. With Facebook pixel, that’s another story. With Facebook, pixel increases your conversion rate on ad spend.
46-WHAT ABOUT GOOGLE AND BING ADS?
Do you know? According to Matthew Woodward, bing ads outperform google ads even though it’s small compared to google ads. We always stick on one angle instead of diversifying our strength. Utilizing both is best. Run google and bing ads.
Google Adwords has made the workflow more straightforward and more uncomplicated. Just bid on the keyword you want to advertise on and select your target audience and interest.
Why bing ads outperform google ads is because it has less competition compared to google ads. Your total expenditure will be lower than google ads.
Promote your business on bing if you are targeting USA, CANADIAN, CHINESE, AND AUSTRALIAN netizens(internet users)
Promote your business on google if you want to target another set of audiences other than those listed above.
47-MARKET YOUR BLOG ON YOUTUBE
Youtube is the second largest search engine behind Google and the most popular video streaming/hosting platform. Making use o youtube will help you double your blog’s earning.
Blogging is the opposite of vlogging. The difference there is that blogging is mainly in article form while vlogging is in video form. Start a youtube channel about your blog. There are a considerable number of prospects you are missing.
Advertise on youtube. Create a youtube channel of your blog and create video content for written content on your blog.
Do you have an email list? If NO, you are behind your competitors. Start today to build an email list to help you remarket to your subscribers. Imagine if you want to offer discounts on sales for your users, and you don’t have an email list; how many people will get notifications about your offer? An email campaign is a way we engage and interact with our audience.
WHY SHOULD I BUILD AN EMAIL LIST?
- 1-It helps to increase sales and blog visits
- 2-It allows us to interact with our blog happy subscribers
- 3-It makes it easier to remarket to our subscribers anytime
- 4-It serves as a backup of our blog traffic
BELOW ARE BEST EMAIL LIST BUILDER YOU CAN USE.
- 1-CONVERT KIT
Push notification isn’t only applicable when you publish new blog posts. You can as well use it to send manual messages about your products.
Let’s say you have an offer for them in the form of a discount, or you have a new product you won’t sell; sending manual push notifications and an email campaign is the best way to increase your sales as soon as possible. One signal, PushEngage, and web push are the best tool for push notification.
50-KEEP YOUR CUSTOMERS HAPPY
One unhappy customer can make you lose thousands of dollars with just one negative review. It could result in losing potential customers. Always make sure your clients are happy with your products and services.
One bad review about your business could alter possible negotiations with your prospects. One happy customer could get you thousands of customers with a positive review and also through word of mouth recommendation.
Always make every effort to ensure your clients are happy.
SUMMARY(HOW TO MONETIZE A BLOG)
Monetizing a blog the right way along with huge traffic highly correlates to high earnings. The tip above works well for both new and existing blogs or websites. Apply the right monetization strategy to make the best of it.
Diversifying your plan is essential while trying to make money with your blog. Many blogs out there utilize this( using many monetization strategies that match their business, not depending on one alone).
Consistency matters a lot in blogging. Work hard but work smarter to earn more.
Which way is best for your blog to earn? Let me hear from your in the comment box how you monetize your blog.
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