How to Monetize Your Blog in 2017?
While people are rushing to make money from blogging, you might wonder if you’d ever monetize your blog in 2017 or not.
Blogging isn’t a new term anymore. It has been around us even before the invention of many social networking giants like Twitter and Facebook.
Earlier, blogging wasn’t intended as a source of earning. With the passage of time and bloggers getting smarter, they understood that blogging can be used as a way to earn.
Today, 1 out of 5 internet users know how to make money while blogging. However, there’s still a large number of people who don’t know if blogging could help them monetize. Or, many believe that making money while blogging isn’t effective in 2017.
It’s true that monetizing your blog isn’t going to be easy in 2017. But, this doesn’t mean that you can’t make anything good from your blog.
In this post, I’m going to give you my top 5 ways to monetize your blog in 2017.
Top 5 Ways to Monetize Your Blog in 2017
Advertising Income
Advertisements are usually the first step where bloggers start their earning.
When you setup your blog, you’re asked if you want to provide ad space(s) on your pages or not. These ad spaces are initially occupied by Google ads.
Google ads or Google AdSense, are the advertisements you often see when you are reading a blog or scrolling down a website.
Google AdSense acts as a middleman. You don’t need to contact a brand or company to place their ads on your blog. Neither the company would contact you. All this is done by Google.
However, Google AdSense isn’t a reliable source of earning your livelihood. You’d only imagine an earning good enough to finance the running cost of your blog (hosting + domain name expenses).
Ads on your blogs could help you earn more only when you have a good domain authority. And this would be achieved only when your blog has maintained a name and repute on the web.
Once you have a good authority, you’d reach brands or companies to place their ads on your blog and negotiate the rate for ads.
Remember, gaining a good repute on the internet requires time and effort. Posting fresh and good quality content on your blog regularly is one key source to improve your blog’s authority.
Affiliate Marketing
If you haven’t heard of affiliate marketing, let me explain it with an easy example. Imagine if you’re a car salesman and you just have sold a car. You’re going to get a commission from that sale. And this is how you make your living.
Affiliate marketing is exactly the same. You sign up with an affiliate marketing program. Place a link to a third party’s product on your blog. And gets paid whenever a user from your blog buys that product.
One of the widely used affiliate programs is offered by Amazon.com. Amazon sells almost anything. If you have an account with Amazon, you’d earn a good money by placing the affiliate marketing link provided by Amazon on your blog.
Remember, only with a good number of new visitors on your blog increases the chance to earn more from affiliate marketing.
Like Amazon, there are tons of other websites which give you a way to earn more from your blog.
How to Make Money with Affiliate Marketing?
Sell a Product or Service
Placing an ad and affiliate marketing are the two easy methods to monetize your blog. However, you can’t only rely on these two ways if you want to secure your earnings.
Selling a product or service on your blog is another way to earn. You don’t have to create a Google AdSense account or don’t either have to look for an affiliate marketing program. Just add a list of products or services you want to sell and start marketing your own blog.
While this sounds more like an eCommerce website, even a blog could help you sell a product.
Today, people are more inclined towards the digital world. They now prefer ebooks. So if you can write your own ebook, it could help you earn.
Other ideas (but not limited to) of selling a service could include:
- Graphic Designing
- Website Content Writing
- Search Engine Optimization
- Web Development
- Mobile Application Development
Think of all the ideas that could work well with your blog and start making a good income from your blog.
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Promote a Local Business
While placing an ad is one good way to earn from your blog, there is one more source of income which you must never ignore; promote a local business.
Say when you have gained some popularity in your community and you’re getting a good traffic on your blog, you’d ask some local businesses to promote their services/products using your blog.
One good example of this is; Forbes.com. While Forbes isn’t limited to local businesses only, you’d initially start low. All you need is a good content which leads to your client’s landing page(s), helping them grow their authority and earn more business.
You’d either create a content yourself and charge more, or could save your time by asking them to write a content and then post it on your blog.
The key to remember here is; this paid content must not sound like an ad. It must be informative, offering readers some benefits.
Paid Membership
While this isn’t effective for every blogger or website owner, it can still give you an extra source of income.
Take the example of BuzzSumo. This app allows you find the most shareable content on the web. Type in a phrase and you would be provided with some results.
However, this app has some limitations. If you need to access a huge range of data, you would need to buy their membership. A free account would allow you to search only 5 times in 24hours with limiting results.
Other examples of paid membership could be taken from Udemy. There are some free courses. These free contents will give you an intro to a topic or course. But will not provide you all the lectures attached to that particular course. For this, you’d have to buy their membership.
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How Would You Monetize Your Blog in 2017?
While I have included my 5 best methods to monetize your blog in 2017, there are many you’d need to explore.
But remember when you plan an earning from your blog you must always keep posting fresh, good quality, and user-friendly content on your blog, on a regular basis.
If you have other methods to make money while blogging in 2017, please do share them with our audience in your comments.
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