4 Ways to Monetize Your Blog in 2021
Starting a blog is easy, but making enough money from it can be challenging. Much of the advice on the internet will tell you that you can make massive amounts of money in a short period, but this is unlikely.
Creating a successful blog takes time and a lot of dedication to upload new content all the time. Here are four ways that you can monetize your blog this year.
Google AdSense allows you to make money anytime someone clicks on a Google ad that is displayed on your website. When thinking of ways to make more money with your blog, advertising usually comes to mind. You can make between 51% and 68% in revenue share depending on if you host content or publish Google Ads. All the logistics are handled by Google directly so there isn’t much effort needed on your part.
With affiliate marketing, you can choose any number of products to review and recommend to your subscribers. By writing reviews on your blog, you can earn money anytime someone buys that product. Don’t take on all kinds of products though. Try to stick to the same content related to your blog. For instance, if your blog is about health and beauty, recommend cosmetic or nutritional products.
You can work for as many companies as you can manage, so take advantage of your blog by using your subscriber base as your first line of contact for clients. If you have fans, they are more likely to buy products that you recommend.
If you have a blog with any website, you can sell coupons to other companies. For example, partner with Amazon to post specials associated with their website, but host on your blog to engage more with your fan base. Again, stick to the same market as your blog, and don’t list coupons for travel and tourism if your blog is focused on gardening.
To offer coupons on your blog you will need a special plugin to activate the relevant features. For websites created primarily with WordPress, try this plugin to easily add coupons to your blog that your subscribers can benefit from.
Address a Market Need, Not Your Passion
When starting a blog, it can be tempting to only talk about areas that interest you and that you have a passion for. This might sound great because you will enjoy the work, but if it’s not a popular topic in the market, your blog will fail. The idea is to make passive income that you can maximize even when you aren’t working, but it needs to address a niche market need.
Ask yourself if you have any professional knowledge and experience that can better people’s lives. This way you are more likely to get traction and more subscribers.
There is no concrete method to making your blog more profitable, but with these tips, you can make the process much easier. Start small and simple, but have a clear goal in mind and work towards the bigger picture.