19 December 2011

How to Make Money From Your Blogs

Blogging is the best thing you can do in your spare time. It is one of the easiest ways to put forth your opinion on something. But then there are the business-minded folks, who have found a way to use blogs to bring in a little extra cash. Blogging for bucks is perhaps a new concept and is challenging enough. It should feel genuinely good to earn income from your blog; you should be driven by an ambition to succeed.  If your blog provides genuine value, you fully deserve to earn income from it. You should be clear on whether you plan to generate income from advertisings, commissions, product sales, donations, or a combination of these things. However you decide to generate income put your basic strategy down in writing. 

Here are five strategies that could turn your blog into a moneymaker.

Sell Advertising

This is the most common means of leveraging a blog to generate income. Direct ad sales help in growing the percentage of your income. If you want to make money selling ads on your blog you basically need to have a blog topic that has an established product ecosystem around it.  And to sell advertising you obviously need a website with some traffic. If the visitors are on your site with a strong buying intent then even if the number is small they will help you convert well for advertisers.  And as long as advertisers are getting a good return for their outlay they will continue to advertise.

Help Sell Others' Products

Although there are many great ways to monetize your blog and earn money but the best of all is selling products. Your blog is a great platform for selling products online. The kind of products that can be sold differs to a great extent, but selling digital downloadable products is the perfect choice. This is because if anyone makes a purchase they would want to get the product at the earliest. That way you can design your theme around your product is what is important.

Solicit Contributions

Now a day’s most of the bloggers add a ‘donation button’ to their blogs through which they ask their readers to make a monetary donation to keep the blog alive. Donations are also solicited with clever taglines. If the reader wishes to make a donation, the donation link leads them to another website such as PayPal where the individual can easily make their donation. PayPal make it easy to establish a simple on-site contribution collection button.

Market Your Services in Your Blog

Blogs not only allows you to share your opinion but also helps in generating new business as well. Hence, the next time you write, work in references to what you do and, in turn, what you may be able to offer any would-be client or customer who may be reading your blog. These readers will help in spread your opinion and business to a large number of people.

Signed Up for Word Ads

Do you want to make some money by including ads on your blog? Did you know that advertising would be allowed on WordPress-hosted blogs. However, those ads have to be served through WordPress as part of a new program called WordAds.