Blogging is a powerful tool which can not only expose your business to a larger audience but it can also be a lucrative opportunity to generate some extra cash. Even though blogging is a popular content strategy amongst businesses, few can genuinely make a living from blogging. If you’re looking to dip your toe in to the world of blogging and want to know where you can make the most money, this article will tell you everything you need to know.
Create Your Own Product
There are many reasons why you might want to create your own product. Whether you need an affiliate product to earn a commission or you want to build a customer base around a particular product that you sell.
Whichever the case may be, you can generate revenue by creating and selling your own product.
You don’t necessarily need to create a whole product to do this. All you need is a niche and a way to sell something within that niche. For example, if you’re passionate about lifestyle blogging, you could create a product that enables you to connect with influencers and make money from the content they distribute on your blog. In this case, a membership site where you can access exclusive content could be a profitable venture.
Monetising Off Blogs You Own
A blog is, essentially, just a series of articles or a collection of content created for the sake of generating income. Many bloggers will promote affiliate products as a way of generating revenue, so if you run a blog that gets lots of traffic, you could develop a relationship with an affiliate marketer and earn a commission from the products they promote on your blog. If you decide to go down this route, make sure you keep your audience interested by regularly presenting them with new and engaging content.
Become A Brand Ambassador
Being a brand ambassador is another great way to make money online. Simply put, a brand ambassador is someone who promotes another company’s products or services and earns a commission if a purchase is made as a result of that promotion.
You might choose to become a brand ambassador for a large household product company that you believe in (like Amazon or Google), or you could choose to be a brand ambassador for a company that specializes in niche markets (like health or beauty products). It’s essentially a win-win situation, as you’re promoting a brand you believe in and generate a commission if a purchase is made as a result of your promotion.
Start An Online Store
An online store is where you can sell and purchase digital and physical goods (like t-shirts, hoodies and body bags) that exist only in cyberspace. If you’ve got a niche market (like fashion or lifestyle), you could start a store specific to that niche.
It’s a great way to make money online because all you need to do is promote the store and people will come to you with offers to purchase the products you’ve showcased. You can use existing websites like Shopify and WooCommerce to launch your online store with in just a few minutes. Once you’ve got a store up and running, you can integrate your affiliate programs to begin monetizing your blog content.
Sell Digital Goods
If you decide to go down the digital goods route, you can sell and purchase all sorts of things like digital books, courses, t-shirts, hoodies and body bags (the list is endless).
What’s great about this option is that, since you’re selling a digital good, you don’t need to have a physical retail location. Therefore, you could potentially set up shop from the comfort of your home and sell your digital goods to consumers across the globe. When choosing this route, make sure you pick a platform that provides you with security and safety for your customers.
Create And Sell Your Own Online Course
Creating an online course and selling it as a digital good is another great way to generate revenue. An online course is a series of lessons or a collection of content that aspiring or experienced professionals can access online. In most cases, online courses are sold as packages where you can access all the lessons and content for a flat rate. Alternatively, you can create your own online course and start charging an hourly rate for each lesson or piece of content.
There are many benefits to getting into the online course business. For example, the global e-learning industry was valued at USD 176.8 billion in 2016 and this figure is predicted to reach USD 278.3billion by next year.
Monetising Off Affiliate Programs
An affiliate program is a performance-based advertising system where businesses pay commission to people who promote their products.
If you decide to go down this route, you don’t necessarily need to have your own product to promote. You can choose to become a brand ambassador for a company that sells a product you believe in, or you can become an affiliate marketer for a company that sells a product that you think your audience will love. In either case, you’ll need to follow the instructions provided by your affiliate marketer or brand ambassador to earn a commission on a purchase made as a result of your promotion.
Sell Your Photos Online
If you’re a professional photographer, you can sell your photos online for businesses and individuals who want to purchase a unique piece of art.
You might choose to take a more traditional route and start a stock photography agency to provide photographers with steady work. What’s great about this option is that, since you’re selling a product that you don’t need to physically create, you can get started immediately and put your talent to work. If you decide to go down this route, be sure to work with a reputable stock photo agency.
Start An Online Store Using Shopify
Shopify is the ultimate solution for anyone who wants to launch an online store. Launching an online store is easier than ever with Shopify. Simply register for a free account, choose a theme you like and start adding your products. It takes less than five minutes to get your store up and running, and after that, you can start promoting your store and generating sales.
As a seller, you’ll have access to a global market and you can choose from hundreds of merchants to sell your products and services to. What’s great about this option is that you don’t need to create a physical store. Instead, all you need is a web address (like your blog) and Shopify will take it from there. You can choose to have your store listed on a variety of platforms (like Google and Bing) or you can keep it exclusive to just one.
Sell Your Craft
If you’re a talented designer who can create unique and bespoke products, you can start a crafts business where you create and sell products designed by you or a team you’ve put together. For example, you might start a stationery company where you design and sell individual letters, designs, cards and envelopes.
Selling your craft is a great way to make money online. Simply decide what you’re going to sell, get the materials to create your product and then get to work. You might even choose to rent a booth at a local craft fair to get your products in front of potential customers.
Offer Your Consulting Services
If you’re an expert in your field and know what’s going on in the world of digital marketing, you can offer your consulting services to businesses who want to gain an advantage over their competitors. Simply put, a digital marketer is someone who uses digital technologies (like social media or email marketing) to promote products or services.
Working as a digital marketer is a great opportunity to gain experience and make money. What’s great about this option is that you can offer your services to businesses across the globe, since you’ll be using a tool like Skype to get the job done. It’s also a great way to network and make contacts who can help you in the future.
Get Paid To Take Surveys
It’s fairly common for businesses to pay you to take surveys so you can share your opinions about products and services with potential customers. Simply surf the net looking for survey sites and you’ll find hundreds of opportunities to make a few extra bucks. It’s a great way to make money online and get a little extra cash flow at the end.
Keep an eye out for online surveys that pay really well and don’t take very long to complete. Just make sure you don’t get tricked into taking too many surveys because you’ll eventually lose access to your earnings. It’s all about building a good reputation and getting in touch with your audience – something that blogging can help you with.