Here are fifteen ways to monetize your blog. The key fact about each of these points is that they are all actionable (except for the sponsorship one). In other words you can leave this article after reading and do any of these points right away (except for the sponsorship one, which requires research first). It is up to you which of these methods you choose to monetize your blog, but there is little stopping you from doing almost all of them at the same time.
1 – Set up a donations widget i.e. beg!
There are widgets out there that are titled “Donation”. They exist so that viewers can give you their money with no incentive and no reward. As you can imagine, your donations are going to be few and far between, but your blog may provide a viewer with an answer that they repay with a donation.
2 – Install Pay Per Click Advertising on your blog
These are the adverts that pay you if your viewers click on your adverts. They only pay a few cents and they look pretty tacky, but they are a way of monetizing your blog.
3 – Install Cost Per Mile advertising (CPM)
CPM is an online inevitability. Every affiliate advert may not gain clicks but will gain lots of impressions. Sometimes building a brand involves getting your name out there. Companies can easily create adverts that are not very clickable, but have a positive effect if they are seen. For example, having an advert that is just your logo and your tag-line will be enough to remind the viewer of your company. All they need is an impression of your advert; they do not need to click on it. If you are the webmaster then you can host these types of adverts under a CPM program. You get paid for how many impressions your adverts get, and not for how many clicks they get.
4 – Install Pay Per Action Advertising on your blog
These are adverts that only pay you if there is a sale as a result of your advert. The chances of getting a sale are slim, but the payment for a sale is far larger than payment for just a click. One sale via PPA per quarter may beat all of the payments you get for clicks.
5 – Gain corporate sponsorship for your blog
Finding a sponsor is harder than you think, but is not impossible. How you are going to go about it is up to you. If people knew how to get them then they would not write it on an article, they would do it themselves.
6 – Sell Advertising space on your blog just like a shop window
Create a box or two on each post and offer to sell the space to people who wish to advertise there. Offer to keep the advert there until the blog is decommissioned, or offer a time limit so that you can re-sell the space later.
7 – Install In-Text Ads / rollover text ads
Certain keywords are highlighted in the text and if the mouse pointer rolls over the text they will expand a box with an advert in. The advert must be clicked for you to be paid, but they are a very surreptitious way of installing adverts into your blog.
8 – Install In-Image Ads / rollover image ads
These are adverts that will not run until the user moves his or her mouse pointer over the image. They still have to be clicked for you to be paid, but they are a nice way of hiding the advertising on your website or blog.
9 – Advertise within your blog videos or start a Vlog
Some people install videos into their blog. There are affiliate advertisers that will happily add an advert at the beginning of your videos and pay you to have it watched. You could even set up a video log and dispense with the text itself.
10 – Direct sell your own goods on your blog (new or secondhand)
You can set up your own little adverts for stuff you want to sell. You may also create blog posts about the things you are selling. For example, you could review a motorbike that you just bought, and at the bottom you could offer to sell your old motorbike.
11 – Use your blog to compile an Email Marketing/Newsletter email list
If you are good at blogging then you will have people sign up to your RSS feed. If you are really good, you may be able to get them to sign up to your newsletter. If you do then you can use the email list to send out marketing messages, through which you make your money.
12 – Offer to sell your services
Assuming that your blog is good and on a certain niche, you may be able to sell your services as a consequence. For example, if your blog is on Java programming, then at the end of your blog you could offer to solve your readers’ specific Java problems for a fee.
13 – Demand a paid membership for access to your blog
Assuming again that your blog is of a very high quality and on a certain niche, you could charge to gain access to your blog. You could sell it like a subscription that people have to renew after a few months. You could advertise your blog on social media and via affiliate advertising in order to gain new members.
14 – Build your blog so that you can sell it
Build it up with a great design, smashing content, a weighty daily traffic score and a stunning Google PageRank or Alexa Rank and then sell it off. It takes time, effort and care to create such a blog, and many people do not have the time or skill to do it. So you can sell them their own popular blog that is already set up, running, and effective. If you can gain access to reliable metric numbers to show people then you can set up a bidding system and make some cash.
15 – Sell links from your blog
If your blog is very popular, or it has a good Alexa or Google PageRank then you may be able to sell links from your website. People are always looking to link from high ranking and popular sites. The problem is that Google does not like people selling links. You can get around this by asking people to contact you if they want to link from you. When they make contact, respond with a price list and method of payment.