Great! Starting a blog can be a solid way to make long-term income – just for doing some writing on stuff you actually like and care about. But there’s a little more to it than that AND it may not be for everyone. This is not a get rich quick or plug and play business. If that’s what you’re looking for, this is not the place for you. Yes, you can make a lot of money online but, like other traditional businesses, it’s not guaranteed. Anyone who tells you otherwise, is not being truthful.
Here’s the big difference between making money online and going to a job every day. If you do it right, the work you do today, this week, and this year – will continue making money for years to come. It’s an investment rather than trading your time for money.
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So how does this work? Search engines find and cache the articles that you write, and over time each post is “worth more” to the search engines. That means you’ll get more web site traffic with every passing month as your site gains credibility. This does not happen overnight. It takes persistence and even some hard work – but you can do it if you’re serious and committed…
“The best way to live the life of your dreams is to start living the life of your dreams Today, in every little way that you possibly can.” – Mike DooleyLets get started
PPC Advertising Networks: Pay Per Click is an advertising program in which ads are placed on your blog and you are paid whenever your visitors click on the ads. It is the most common method bloggers use to make money online. It involves almost no effort and is so incredibly easy that many blogs have too much advertising on them. Money is maximized as traffic levels increase. The source of the traffic can also affect the overall CTR rate. Organic traffic (the one that comes from search engines) tends to perform well because these visitors were already looking for something, and they tend to click on ads more often. Social media traffic, on the other hand, presents terribly low CTRs because these visitors are tech-savvy and they just ignore ads.
CPM Advertising Networks: Cost Per Thousand (”m” is roman numeral for thousand) is an impression based advertising system. This means advertisers place ads on your blog and you are paid based on how many times the ad shows up. This can be profitable for blogs with big traffic, and can start to bring money to even the smallest blogs. All you need is pageviews to increase this monetization method. You can get as low as $0,10 and as high as $10 per 1,000 impressions (more in some special cases). CPM advertising tends to work well on websites with a high page views per visitor ratio (e.g., online forums, magazines and so on).
Text Link Ads: Text advertising is one of the least obtrusive internet advertising techniques. Basically, hyperlinks are placed within relevant text on your website and distinguished from regular links by a double underline. When you place your mouse cursor over the text, a small box appears with additional information on the product or service being advertised. There are advertising services which, when installed, will automatically place the links for you and will even allow you to set parameters for the products you allow to be sold through your site.
Affiliate Marketing: Affiliate Marketing requires that apply for membership in an ‘affiliate network.’ That is, an agency that maintains and monitors accounts for various companies who are willing to pay individuals for sales generated through their websites. Again, a small bit of code is placed on your site to generate ads; and when someone clicks on the ad, your unique affiliate number is automatically associated with that person’s IP address. If that individual buys a product from the advertiser, you receive a commission on the sale. Commissions can range between 5-20%, or they can be a flat fee per sale.
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Direct Banner Advertising: A banner is simply a graphic ad that you can sell in any size or shape you wish. Banner ads can be animated, they can rotate through a series of images, or they can be static. In addition to being used with other types of advertising, individual website owners can simply sell banner space at a flat fee or negotiate their own PPC/CPM with independent advertisers which don’t belong to an affiliate network. The most popular banner formats on the web are the 728×90 leaderboard, the 120×600 skyscraper, the 300×250 rectangle and the 125×125 button.
Monetization Widgets: A very simple advertising system is easily integrated into your blog’s sidebar with widget advertising. Just embed the widget into your sidebar and watch the ads begin. Their main differentiator, however, is the fact that they work as web widgets, making it easier for the user to plug and play the service on its website.
Pop-ups and Pop-unders: Pop-ups are a common yet annoying form of advertising on the Internet. If you are just trying to make a much money as possible from your website, you could experiment with them. If you are trying to grow the traffic and generate loyal visitors, however, you probably should stay away from them. Just consider the hundreds of pop-up blockers out there: there is a reason why they are so popular.
Paid Surveys and Polls: You get paid when someone takes the poll that you place on your site on behalf of an advertiser. Polls encourage people to interact with them, and they can be a lot more engaging than regular old banner ads. Most of these services operate under a CPM model. In doing this option be careful to find survey or poll companies that have credible backgrounds as this is a source for scammers.
Donations: Placing a “Donate” link or button on a website can be an efficient way to earn money, especially if your blog is on a niche where readers learn and gain value from your content. It is an easy and perhaps out-of-date way to try and earn some revenue. Many programmers use this still, but very little revenue is earned through the donation feature. If you have valuable content on your site that you are offering for free, it doesn’t hurt to put up a donation link and point people to it once in a while.
Over to you, How do you Monetizw your blog.
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