When I go to family functions or social events, I often get a blank stare when i explain what I do for a living, I think people understand the part that I write articles and put them on a website, but when it comes to making money from it, they do not get it. In this section I will lay it out, and i hope it will help bring some clarity.
CPC and Networks (cost per click )
There are a few different ad networks I use on my blogs. The most successful one is Google's Adsense program. It is a cost per click model, which means that I get paid every time a visitor clicks one of those ads. Google's responsibility is to read the article I write and find ads that are relevant and display them next to the article. It actually is a pretty good system, and as a result it tends to be the easiest and quickest way that most bloggers start making money. Also, many of the extremely relevant ads that Adsense provides can be quite beneficial and helpful to the readers.
For example, if I write an article explaining what an IRA is, but do not mention where you can open one, Adsense will likely display ads for places to apen an IRA. so, if I read that article and decided I did want to open an IRA, the ads provide options the article did not. All things considered, when Adsense ads are optimized correctly they can be a great way to earn from your blog. I will explain more about how to optimize the ads in the following sections.
CPM ad networks
While Adsense pays on a click basis (CPC ), I use ohter ad netwoeks that pay by the total number of visitor impressions ( CPM, cost per thousand ). At the beginning these networks don't produce much income, but as the traffic grows, CPM networks seem to work well in conjunction with Adsense. I use (or have used ):
1. Pulsepoint.com
2. AdClickMedia.com
3. Adbrite.com
4. Adify.com
5. Technoratimedia.com
6. Casalemedia.com
Each has its own strengths and weaknesses and may be suitable for one kind of a site and not another.
Affiliate Product sales
Let's say you sell lawn mowers, and I refer someone to your store who's interested in buying a mower. If the customer then purchases the mower, you send me a check paying me a percent of the sales price.
This is essentially what an affiliate sale is. It is not much different from being a 100 percent commissioned salesperson for a company except that online you can do it for multiple companies.
There are a million options to get started with affiliate ads on the Internet now. Some programs you can use are :
1. Affiliate program.amazon.com
2. FlexOffers.com
3. CJ.com
4. Shareasale.com
5. E-Junkie.com
6. LinkShare.com
There are many ohters, but these are a few of the more popular ones available.
I have a very strong policy about honest recommendations. I give my honest opinions about products regardless of how it affects affiliate sales. For example, I wrote about Cash Crate and updated the article to show what I did not like about it. Because Cash Crate has such a generous referral program, I know som epeople make lots of money from it, but I just don't feel comfortable recommending it since I had a bad experience using it.
On the other hand there are products like Ebates, YNAB, Swagbucks and Sharebuilder I recommend and also have some sort of affiliate or referral program as well. These are what I love because I can help readers by pointing them to good resources and tools that helped me and get paid in the process. I know some people do not have a problem promoting anything that will pay them, but I just can't, in good conscience, recommend something to someone that I do not genuinely believe will help them.
Sell your own ebooks
If you notice , the business model of top bloggers has to do with selling their own products such as an ebook.
All you need to do is pick a topic, compile an eBook on that topic, and put it on sale on your blog or on Amozon. Once you are used to this process, you can earn a decent amount of money by selling eBooks online,
Moreover, having your own product to sell is the best thing that you can do to generate passive income.
You can compile your articles into a well structured book and sell it on your blog or on other platforms such as kdp.Amazon.com to earn money, this will also give you the credibility of becoming an author.
Online Courses and Workshops
Here at Smart Blogger, we make most of our income from online courses and workshops over $1 million per year but we are far from the only ones. Most of the people making serious money from their blogs are doing it through online courses .
Advertising
Normally, we are not big fans of selling ads on your site. You need roughly a million visitors per year for the large ad networks to take you seriously and affiliate marketing is almost always more profitable and just as passive.
That being said, some niches like recipes, fashion and news are hard to monetize through many of the other methods mentioned here and they get LOTS of page views. In that case, putting a few ads on your site can make sense as a supplementary income source.
Display Ads Networks for Bloggers
Mediavine ( All topics )
Carbon Ads ( Business, Design, Development topics )
Propeller Ads ( All topics )
Google Adsense ( All topics )
Taboola ( All topics )
BlogAds ( All topics )
Media.net ( All topics )
Business Partnerships
When you have a growing blog, you have an audience.
And when you have an audience that's regularly coming back for more of what you are giving them you will create opportunities for unique business parnerships as a way to make money blogging and further monetize your audience.
"When you have an audience, you can create opportunities for yourself to monetize your blog with those readers."
Business partnerships can shake out in a lot of different ways, so it's difficult to explain just one.
Freelancing
Freelancing is not for everyone, but it's certainly a good option when you are still in the process of deciding how to make money blogging.
In fact, up until just a few years ago, freelancing made up nearly 88% of my blog income. And moreover, the relationships I built with freelance clients during my first few years of blogging, are what positioned me to make money blogging from other sources today.
Sponsored Reviews
Paid reviews are a great way to boost your monthly income. You can quickly make $10 or more from a small review post. I personally make a minimum of $500 from every review at Globalthinktech
When doing paid reviews, there are a few things which you need to take care of :
Paid Review : Good, Bad or ugly
Should you do a paid review or a free review ?
Here are a few websites to find paid reviews / sponsored content opportunities :
Famebit ( For YouTube channels )
Izea Pay per cost
Tomoson
Revcontent
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