Summary: Remember, turning a profit is Job #1 for your blog. There are several ways to monetize your blog. We will focus on affiliate marketing. It's fast, easy, and often, the most profitable means for earning money from your blog. But don't forget to consider other ways to monetize.
Last time we touched on three ways to profit from your blog. And even though this course is all about making money through affiliate offers, I want to continue with this discussion so that you’re aware of the many ways to make money with your blog.
Let me reiterate, just in case I haven't been crystal clear: Turning a profit is Job #1 for your blog. Always and forever. Amen.
Indeed, even though you’ll make money as an affiliate, in the future you may want to incorporate some of these other methods.
Make Money With AdSense
Google has a program called AdSense, where they allow you to display marketers' pay per click (PPC) ads on your blog or website. When your visitors click on any of these links, you make money. The advantage is that you don’t even need to pre-sell your visitors because you get paid for the click – not the sale.
While this is a “quick and dirty” way to monetize a blog, it shouldn’t be your first choice. That’s because if you’ve chosen a good niche and you’re sending highly targeted traffic to your blog, then you should be able to make more money by selling affiliate products.
Sell Advertising and Links
Instead of using AdSense or placing affiliate links on their blog, some blog publishers opt to sell advertising.
Generally, this means that they sell banners and text ads to people in their niche. Some bloggers also sell product reviews, but this can get into shaky legal territory if it’s not done correctly.
If this appeals to you, you can put a link on your blog where you present your advertising opportunities. You can also sell your space on blog-advertising networks like blogads.com. You can even sell your ad space via eBay.com or CraigsList.org.
Create and Sell Your Own Products
one of the most profitable ways to monetize a blog. Instead of promoting an affiliate offer and just keeping a fraction of the profits (generally a 50% commission for digital info products, much less for physical products like you'd get as an affiliate for Amazon), you promote your own products and keep 100% of the profits.
(Don't forget — sometimes, when you sell your own product, you may enlist affiliates to help you sell. In this case, you'll be paying them a commission. Hence, you don't always get to keep 100% of what you sell.)
You can create these products yourself. You can hire a ghostwriter to create them for you. Or you can even purchase the rights to other proven products via resell rights or private label rights (aka PLR). Whatever you choose, you get to keep all the profits.
Use CPA Offers
Yet another way to monetize a blog is by offering CPA (cost per acquisition) opportunities.
This is where you get paid when one of your visitors performs a specific action, such as filling out a form. You can find these sorts of opportunities on sites like www.maxbounty.com.
Now you have a good overview of most of the popular ways you can make money with your blog.
Starting tomorrow, you’ll get an in-depth look at how to make money with affiliate offers. Stay tuned!
And just in case I haven't been clear: Turning a profit is Job #1 for your blog!