If you have a blog or are thinking about starting one eventually earning some extra money may be in your sights.
There are multiple ways to make extra money with a blog, but it’s your duty to figure out which is going to be best for your and your online business.
Today I want to outline some revenue sources you can ponder to figure out which could be the best way for you to make some extra money with your blog.
You can use a single source or use multiple sources.
It’s best to master one and move on to the next.
Over time your blog can have multiple streams of income coming in and your can virtually have your blog running on auto-pilot receiving multiple checks monthly.
5 Ways to Make Extra Money Blogging
1. Pay Per Click and Pay Per Impression Ads
This is probably the most popular ways to make extra money with a blog.
The concept is fairly simple, but takes time to learn.
For pay per click (PPC) ads, you earn money every time someone clicks on an ad place on your blog.
You set it up and provide traffic to your blog.
You can the advertiser of the ad on your blog will agree ahead of time on the cost per click.
You’ll usually find that products and services that cost more usually have a higher cost per click.
The more clicks you get, the more money you make.
Pay per impression advertising pays you based on the number of impressions your blog gets.
You usually will get paid a certain amount of money per 1,000 impressions.
An impression is the number of times an ad has been displayed whether it’s been clicked or not.
Each time an add is displayed it’s counted as one impression.
Both pay per click and pay per impression ads can be used as banners or text ads.
Usually the more traffic you get to your blog the more money you’ll generate with this form of monetizing your blog.
This method can be used once you build up a good following and can be used as a way to make good money over time.
2. Direct Advertising
Direct advertising is going to look similar to pay per click and pay per impression ads to your traffic, but it works much differently for you.
Instead of making money based on views or clicks, you sell advertising space to advertisers at a set price.
You can the advertiser agree on a price and a time frame of how long their ad will run on your blog for.
If you get a lot of traffic to your blog you can charge advertisers more.
You can sell ads directly to advertisers if you have a list or you can sell ads to marketplaces that connect you to them, such as BuySellAds.
These marketplaces usually take a commission for bringing you together, but it also reduces the amount of work you have to do searching for them.
3. Affiliate Programs
There are many affiliate programs you can join to offer products and services on your blog.
By signing up as an affiliate to these programs you can earn a commission for every sale you generate.
This has been very profitable for many bloggers and marketers online.
It is one of the easiest ways to make extra money if you set up the right marketing strategy.
With your blog it can be mentioned or recommended to your visitors as a way to solver their problems.
Anytime you can mention something that you can sold you should see if there is an affiliate program out there for it.
Simply adding a link to your posts, videos, or review can potentially be profitable for you.
4. Sponsored Reviews
As mentioned earlier one of the ways to make extra money with your blog is with sponsored reviews.
Advertisers are looking for people to promote their products or services with positive reviews.
You can get paid by writing reviews or recommending a products for the advertisers.
If it is a product that you trust and have used you can express how much it can help your readers.
You always want to be trustworthy and only promote stuff that you believe in.
Reaching out to advertisers to promote their products can get you free products to test and promote if they work.
This can be used as a great way to learn and earn at the same time.
5. Promote Your Own Stuff
One of the best and most lucrative ways to make extra money blogging is by creating and promoting your own products and services.
If you take the time to build up an arsenal of loyal fans you can really make extra money with your own stuff.
This is how the big time bloggers and marketers make the meat of their money.
Take the time to build up your blog to a reasonable readership and you can set it up to where people come to you for the go to information they’re seeking.
If you’re looking for ways to make extra money this is probably the best.
It’s going to take some time to get to this point, but once you do, combined with other strategies you can make a reasonable amount of money online.
Starting a blog is going to take work and dedication.
Just like any business, running your own online business can be lucrative for you if you take it seriously.
I’ve discussed some ways to make extra money with a blog and I hope over time you can monetize your blog to supplement or fully replace your income.
You will make mistakes, but having a steady game plan or working that plan you can use these ways to make extra money for any purpose you might have with your life.
Success isn’t going to happen over night, but stick with it and do your best to utilize all these ways to make extra money online over time and take your business to the next level.