So, you want to start a blog and turn it in to a money making machine? First, you must find out how to make money blogging.
There are three ways to monetize your blog. You can implement one or you can use all three methods to monetize your blog.
The most widely used method of making money blogging is by placing ads on your blog from other advertisers. The advertisers pay you directly or through Google Ads or some other third party advertiser. This method requires the least amount of promoting on your part as far as products are concerned. In turn, however, your product is your blog and the value of your blog is determined by the number of readers who visit your blog and comment on your blog posts.
Your blog's traffic rating is key in determining your ad rates. If you have two visitors a day, you're guaranteed not to attract any advertisers. But, on the other the hand, if you have 2,000 visitors to your site daily, you are in a position to offer your blog as a great place to advertise for a particular niche in the online market. This method is profitable, but is not recommended for the novice. Why? Because it takes time to build up your readership. If you have time and are not looking to make money in the short term, then this method is worth considering.
The second method of making money blogging is to promote your own business on your blog. You don't make money from the content on the blog, but from the sale of your product or service that you are promoting on the blog. Your product or service can be offered and purchased on or offline or both. Your blog increases exposure of your business. It allows you an opportunity to introduce yourself to your prospective customers. It is a venue for displaying your products and services through your blog posts and through ads placed on your blog. You offer value to your readers with content related to the products and services that you are selling.
The third method is similar to the second method except that you are promoting products as an affiliate instead of your own products and services. Affiliate marketing is very popular and can be profitable. Your blog posts offer value to your readers on subjects related to the products you are selling. Let's say you are an affiliate with a vitamin company. You can write blog posts on nutrition, staying healthy, eating well and other related subjects and promote the vitamins as a logical solution to staying healthy, getting adequate nutrition etc. You place links within the text of your blog posts to your vitamin products and you can also place ads on your blog promoting your affiliate link to the products.
All three methods to make money blogging require persistence and consistency over time to be successful. The key to successful blogging is offering value to your readers so they keep coming back for more. As your readership increases, you then can implement all three methods on your blog to maximize your profits.