How to Make Money in Online Blogging

If you’re looking to make money from home, you’ve probably considered the lucrative world of blogging. Launching a blog can be hugely profitable, as plenty of successful content creators and entrepreneurs will attest. However, earning money from blogging isn’t as easy as one might think. It takes a lot of patience, imagination, and a whole lot of hustling to turn a profit from blogging. In this article, we’ll discuss some of the best ways to monetize a blog. We’ll cover aspects such as affiliate marketing, selling and swapping media, and even exploring the lucrative world of e-commerce.

Monetizing With Affiliate Marketing

The first and perhaps the most direct way to monetize a blog is through affiliate marketing. When someone makes a purchase after reading or listening to your content, you’ll earn a commission. There are dozens of affiliate marketing networks like Commission Junction, ClickBank, and ShareASale that can prove to be extremely lucrative. If you’re new to this, it’s recommended that you join a program like Commission Junction, which provides you with access to affiliates and a host of educational resources.

Monetizing With Banner Advertising

Another method of monetizing blogs is to use affiliate marketing for banner advertisements. When someone clicks on a banner ad or a link within a blog post, you’ll earn a commission. Think of the banners you see on some of the biggest websites in the world. Those are the websites that make money through affiliate marketing.

Monetizing Through Product Reviews

If you’re a fan of a particular brand or a product, you can write an honest review and earn money from it. To make money through product reviews, you’ll need to find a way to get the product to review. Perhaps the best and simplest way is to join a company that provides you with free products to review. When you’ve accumulated a decent number of reviews, you can negotiate a commission with the brand or company.

Monetizing With Paid Surveys

Giving your opinion and taking part in surveys is also an easy way to make some money from home. To qualify for paid surveys, you’ll need to sign up with a survey company like Survey Junkie or Swagbucks. In exchange for your opinion and input, you’ll earn points that you can cash out for products or gift cards.

Monetizing Through Consulting

If you’re an expert in your industry, you can easily create a niche for yourself as a consultant or expert. Once you’ve established yourself as an expert, you can charge customers for advice and guidance on topics such as website design, marketing, or social media. Since you have a sizable knowledge base and a steady stream of earnings from consultancy, you may not need to rely on affiliate marketing or product reviews to make money.

Monetizing Through E-commerce

With the emergence of online marketplaces, like Shopify, it’s never been easier to set up an online store. Using a platform like Shopify, you can easily set up an online store that sells a variety of products, from jewelry to clothing and more. If you’re the creative type, you can use your expertise to come up with unique product ideas that can be sold online. With the right products, marketing, and some careful handling, you can make a lot of money from an e-commerce store. You can use Shopify’s built-in tools to create and manage your store, as well as take advantage of the platform’s robust financial features. With Shopify, the sky is the limit.

Monetizing Through YouTube And Twitch Affiliate Marketing

YouTube creators and streamers can make a lot of money through affiliate marketing. This is because users who come back to a channel’s page to watch a new video often leave their purchase in the process. This revenue is often referred to as «conversation-based marketing». With this type of marketing, you’re not relying on your audience to come back once they’ve consumed your content. You’re creating a direct call-to-action within the content itself.

In 2019, TikTok removed its affiliate marketing program and replaced it with a new revenue-sharing program. The company cited falling engagement as the reason for the update. However, many creators quickly found alternative ways to monetize their content.

More Than Meets The Eye

Blogs aren’t the only place you can make money from, either. Forbes has a vast array of business opportunities that you can pursue from the comfort of your couch. If you’re looking to make a quick and easy buck, you might consider looking into stocks or forex (trading foreign currency). Or if you’ve got a knack for creating content that gets a ton of views, you can become a vlogger and make money off your videos.

Creating a blog isn’t easy, but it can be highly profitable if you do it right. Before you begin your journey to riches, make sure you’re prepared to put in the work to turn a profit. That means creating content that your audience wants to read or listen to, and actually making money from your efforts. It isn’t easy, but it can be hugely profitable if you do it right.