As a blogger, the good news is you have a wide variety of options at your disposal to Make Money from Blogging.
My favorite methods of revenue generation are through affiliate marketing, on site advertising and building a brand for myself.
Here is a full run down on some of the top ways to generate revenue with your blog.
1- Private Ad Sales / Banner Advertising is a great way to make money from blogging
The most obvious and well known method for generating income on line in general, is selling banner ad space on a web site or blog.
In the early days, it was all about the 468×60 banners, but now banners are available in every size,
and we often see the 125×125 ad spots selling on most blogs.
Selling your own banner ad space on a blog is an excellent method for generating a recurring source of revenue month after month.
2- Affiliate Marketing
Generating revenue on your blog via affiliate marketing can come in many forms.
You can place banners on your blog, create text links, or even write articles about a specific topic of interest.
In all three of these scenarios, affiliate marketing techniques can be employed and make money from blogging
The bottom line is, you are setting up links on your blog, and getting paid a commission whenever a specific action (remember from earlier chapters CPC, CPA…) takes place regarding those links.
3- Contextual Advertising
Not all text ads are created equal, especially on a blog. As a blog owner, you can link to various web sites, products or services using affiliate links.
Any sales resulting from clicks to these sites will result in a commission.
There are also many advertising and marketing agencies that want to place paid text link advertising on web sites and blogs.
While this is generally frowned upon by Google, (because it’s a paid method of gaining back links)
many of these text link ads are still generating millions of dollars and make money from blogging.
4- Creating Your Own Product
Possibly one of the best long term and profitable solutions for a blog is to inform and promote a product of your own!
With your own product, not only are you building a brand, but you are also keeping all of the profit.
When you are able to create your own product, you have the world of affiliate marketing available to help market that product.
5- Membership Driven
It’s hard to find anything better than month after month residual income found with a paid membership website/ blog,
but the process of building a paid membership is very tough.
When creating a blog that you expect readers to pay for,
you must create and offer something original that provides real value to your readers.
Once a blogger puts in the hard work of establishing a real value to their readers and is able to successfully create a pain membership program,
you can expect to see earnings jump ten fold, and now on a monthly recurring basis.
If you don’t know that what is Affiliate Marketing then You must Read that: How you can be the next $100,000 Blogger – Six figure Affiliate Marketing.
6- Write Blog Reviews to make money from blogging
Writing reviews on your blog is an excellent way to make money from blogging.
When writing a review, you have the option to write about any product, site or service,
and you can link to the offer through an affiliate program, earning a commission on any sales.
Another alternative is “paid reviews”,
where you simply do a review on a blog or web site for a set price. Make sure to follow all “disclosure” policies when writing paid reviews, and always be honest.
Don’t jeopardize your brand by recommending something you haven’t personally experienced. Even paid reviews can be less than stellar, maintain your integrity at all times.
Top Earning Blogs
Now that you have a basic understanding of the many different ways to make money from blogging,
let’s take a look at how current blogs are doing it.
Below is a listing of top blogs in their respective niches, all easily earning over six figures per year.
I chose the group of blogs in the chart above, because each of them represents a different niche and make money in slightly different ways.
Timothy Sykes was able to take his amazing success in trading stocks and turn it into his own product and membership site.
Perez Hilton has flipped his crazy antics and celebrity gossip into a “brandable” celebrity blog.
Smashing Magazine is a tutorial/design based blog that can drive advertisers to their die hard design readers.
Lastly, John Chow originally created his blog with the concept of making money by telling you how he makes money.
Not only has his name become infamous in the affiliate / blogging arena, but he’s now made a full time job out of it.
Let’s compare two completely different niches and see how their respective blog advertising works.
TechCrunch.com has millions of targeted users accessing the site daily who are all interested in tech news and business.
There are three prominent banner spots shown on the blog, the top leader board is a 300×250 on the top right,
then four 125×125 ad spots after the first featured article, and even more when you scroll down the page.
All advertising campaigns are handled by iSocket and require a minimum commitment of $5,000 for consideration. Obviously TechCrunch is a major player.
The takeaway here is that each of these blogs has their own niche market and traffic stream, and all have unique methods of earning revenue.
This is important to remember before you start diving into a project, or creating a new blog.
You should ask these questions of yourself early and often,
what’s my target niche?
Who is my target audience and how will I generate my traffic stream, and finally what revenue model (if any) do I want to pursue.
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