Over time you may have come across many blogs that create lists of “How to make money online” or “Follow these ten tips to a profitable blog”? Yes, there are many different ways to make money blogging, and many of them require plenty of upfront work gaining the traffic and readers to generate traffic to your website or blog. After you get a blog set up, there are many ways to get paid for blogging.
Today’s blog post will mention many ways to Monetize Your WordPress blog. Keep in mind; that some may not suit the type of blog you are running, and some will. So take your time and go check out each recommendation.
You can see that on this blog, I use several different methods to make some money. Most people first place AdSense or sponsored ads on their blog, and I also show some of the multi-level marketing programs I belong to and promote.
A tip is not to monetize your blog as soon as you create it. It does no good when you have no steady traffic. Once traffic starts to pick up, slowly introduce some ways you plan to make money from your blog. Easing these methods won’t be a massive shock to your loyal visitors. Always test out multiple methods because some ways to earn online work for some people and some will not.
Ways to Monetize Your WordPress Blog
1. PPC Advertising Networks
Google AdSense is the most popular way to make money online as it’s typically easy to get your blog approved. Ensure that you have a lot of blog posts on the blog before applying. That’s the secret to getting accepted. Here is an easy way of installing Adsense on your WordPress site. Also, read this Google Adsense Checklist before applying. Finally, here is an excellent list of WordPress Adsense Themes to help you boost your earnings instantly. Besides Google AdSense, there are other ad networks to consider if Google AdSense rejects your blog. Some of these websites have minimum traffic requirements to apply, so read their rules before joining so you can not waste time registering.
After careful thinking, here is what I recommend to use as an ad network to display ads on your blog where you earn money per click.
2. Advertising Banner
Selling advertising space is a great way to make monthly or weekly money. It depends on the terms you select for people buying advertising space on your blog. When you get a good amount of traffic and popularity of your blog, do what all bloggers do, they create an Advertise with us page to list how to buy an advertisement. Look in our sidebar for an obvious example.
The more traffic you get, the better you can charge. When I buy advertising space, I ask the blog owner for Google analytic stats because I want to see how much different traffic they get. I don’t want to pay a high fee, and the blog does not get much traffic. My investment would not work in my favor. The key is traffic; a lot of traffic means most of the time, the buyer will be any fee you set. Below are some networks to use to sell ads right on your blog.
3. Affiliate Marketing – Most Popular Method
Affiliate marketing is the most popular way to earn money online with little effort. To summarize this. You register for an affiliate program, grab the affiliate text link or banner image and add that to your blog post or sidebar. If someone clicks on that link and buys that product, you get a certain percentage of their total sale price. Some affiliate programs are residual affiliate programs meaning you can earn a recurring commission each month or yearly if it’s an annual membership you were promoting. This is a very profitable method because the more people you recruit, the more money you make.
- Also Read: 5 Simple Steps To Make Money As A Blogger
List of the most popular affiliate marketplaces and networks:
4. Sponsored Reviews
Sponsored review posts are a way most bloggers earn money for providing a detailed review of a product or company, including sharing positive and negative thoughts. The company or product owner is paying you to review their stuff, so you will be honest when trying the product out and write an honest review. These blog posts are so shared that you can never tell when you are reading a blog post somewhere that it’s a sponsored review.
You can also blog for money by writing reviews about an advertiser’s service or website on your blog and getting paid to do it.
Having a huge follower base and high traffic is when you should offer sponsored reviews and don’t wait for them to come your way; contact companies’ products that you have used or think your visitors will like. Make a sales pitch to them, if they bite, for a free account so you can do a proper review. We also accept Sponsored Post reviews on this blog, and please get in touch with me if interested.
5. Premium Content
A few blogs I am subscribed to have a premium membership to see certain parts of their blog or access training material..etc. They charge a fee to access this “premium content.” This is an excellent way to earn money on your blog.
Some ideas for creating a premium paid section:
– Teaching a course on how to get an approved Google AdSense account, keyword looks up, where to place the ads, how to increase earnings..etc. Make it a series of videos or blog posts, and then in between, respond to comments and help each person achieve success. By doing this, they will certainly subscribe to the next training serious you create.
I can think of many ways to use a membership plugin to make money off a WordPress blog.
Visit Moz.com, for example. You get excellent advice as a free member, but if you are serious about knowing SEO and making your blog ranking, it’s worth upgrading your account to get all kinds of goodies.
6. Buying and Selling Blogs
I have a few friends who make a living from buying and selling WordPress blogs. They mastered this science, but I have never got into this method as it’s a long-term thing. First, you look for blogs that you know have the potential to be great blogs with a bit of work on your part. Look at blogs on flippa.com.
This method will work for you if you are an SEO expert and have some web development experience. Buy upcoming blogs, do the SEO changes on them, so it gets high search engine rankings, and tweak the current theme to make it a lot better and more appealing. Publish content on the blog or hire a writer to do this to get quality blog posts. Then, put up AdSense to earn money from it. When you earn a decent income with top rankings in a few months, sell the blog for at least double what you paid for it or more.
I have not gotten into this, but this is a general idea of what my friend does; he builds the blog up as it has more value when he is done with it.
7. Adding A Donation Button
Believe it or not, adding a PayPal donate button can tend to get people to donate a few dollars to you. For example, let’s say you run a non-profit blog, donations pay for the blog’s operating costs, and the remaining contributions are sent to a particular charity. In a nutshell, this is how charities work; they give your donations to the cause they are for.
If you are a theme or a plugin developer, add a donate button to your blog. Because when you release free themes and plugins, you don’t get paid for your development time. So people should donate something to give thanks for not charging money for the developed theme or plugin.
Notice for a lot of WordPress plugins; some authors mention donating?
2 Notable Plugins
8. Offering Consulting & Related Services
If you are good at doing something online, such as installing WordPress blogs and setting up the basic essential plugins for best performance, then offer up a service for a specific fee. If you can design logos, offer your services by creating a page explaining what you offer and how to get in touch for more information. Look at our services page for a good example.
9. Building Up An Email List
Have you heard the term “The Money is in the list” before? It’s true; over time, as you learn more about how to operate a newsletter, you will soon find out that it’s a money-maker with a huge list or a way to drive traffic to 1 blog topic with a mass email. There are many ways to use an email list. We talk about a few on this blog already. I want to share a few email subscriber business’s that work well with WordPress.
This blog post was a beginner’s guide for earning revenue from blogging. As you learn more and more about blogging, there are endless ways to make money from it. This list is a continuous work in progress. So check back every so often for new methods.
If you have any questions, I am more than happy to answer them in the comment section below.