How To Monetize a Blog: 7 Best Monetization Methods

How to monetize a blog that get’s traffic but doesn’t make money of it? When it come to making money by blogging, There are many monetization methods, but you just have to find the best one for your blog. But the question is, How do you know that which one of this monetization ways works best for you and good for your blog?
Most of them are old methods and won’t work now.
In this blog post, I’m going to list seven best ways to monetize your blog and make money with it, So let’s get started.

Advertising

This is the easiest method to monetize your existing content. Placing Banner Ad with different Ad networks like Google AdSense, BuySellAds or media.net is a great way to make money with your traffic. And it is still the most effective way to monetize a blog.
But you should be careful about ads placing on your site.

Some people don’t like to monetize they site by Display Advertising, it’s a old school method for them. As they only think that Affiliate marketing is better than doing this and they will earn more with it. But i will say, it is still a good method to monetize if your blog have a lot of informational content.

Affiliate marketing

Affiliate marketing is the great way to monetize your blog. But you need to know some technique to make people buy the products you are promoting.

most of the newbies in this field doesn’t make get good number of sales.

There are a lot of reasons for it:

• Low Traffic
• Not targeting the right keyword.
• High Competition
• Not Building a Sales Funnel.

You need to target the right keyword which have buying intent and create a good landing page to get good amount of sales. Most of the successful affiliate marketer get high number of sales, because they have targeted audience visiting their blog.
You can write best products lists, product reviews and comparison articles, these types of articles works best for affiliate marketing.

You can also ask affiliate manager to get a coupon code for your audience, that will elp you to get more sales. People love to use coupons since they need to save some money when they purchase and also users check reviews before buying anything.

Online courses

This method is now trending in online marketing field, many bloggers started offering their own course and started teaching and sharing their knowledge by course.

You can get good earning by creating a online course on any topic which people want to learn and then sell it on your blog.

You can also list and sell your course at online education marketplace like Udemy.

But, before doing this, you should have authority in your niche to sell your course.
Backlinko.com is the great example of it.
Brian Dean writes about SEO Training and Link Building Strategies on his blog. His posts are practical, and it rank for leading competitor keywords on Google.
People do trust his content, and his Link Building technique works well.

Sponsorship Review

You can make decent income with Sponsored Review or Sponsored Post. But the question is how you will get the opportunities of sponsorships? To get the Sponsorships, you can reach out to the advertiser, or the sponsor will contact you directly, asking him to review a product in a sponsored post.
But before you contact them to make sure your blog looks professional and check if you have the target audience for the advertiser.

But in this method i would say you should only do sponsorships with trusted and good products, Because if you do a paid review and that product is not good, then you will lose your audience’s trust. So, always provide a disclaimer when you are doing a sponsored review.

Sell your products

You can also start selling your products like Ebooks, or merchandise or any other product that is useful for your audience. That will make you good amount of money and Also, it will help you to build a brand for your blog.
The reason I said it will make a brand. Because people who purchase your product will stay connected with you. If your product is good, they will speak about you to others.
Yoast is the great example for this. One plugin builds up the brand for them.

Paid Membership

Paid Membership is a great way to monetize your blog. You can show up your premium content or access your community on your blog with the monthly membership. Most popular blogs do this, when your content becomes popular, you can offer paid membership for premium content.

Consulting

This is a great way to monetize your blog at early stage when you don’t have a lot of traffic. But, Before monetizing your blog by offering service like Consulting, You should be an expert in your field.
Bloggers who are successful on they field in making money or getting quality traffic means you certainly are an expert on it.
How about using your experience with consulting service. For helping other bloggers who are struggling and willing to spend money to learn how to monetize they blog or in generating traffic.
Checkout neilpatel.com. Neil helped business to grow they generate more traffic and sales.

Final Thoughts

So, these are my tips to monetize a blog, what do you think? which will be a great method or best suitable for your blog?

Which method you are going to use and implement on your blog? Let me know by leaving a comment below!