Are you jealous of people who brag that they are making millions of dollars each month from passive income earned from their blog or website? Ok, maybe just thousands, or even hundreds… Either way, it’s money they didn’t have before and don’t have to do anything difficult to receive. Did you know that you, too, can join the thousands of people using the web to earn extra income without much extra work, once the initial effort begins to pay off?
Making money on a blog or website is a real possibility for many people creating unique content on the web. It’s not a get rich quick scheme, but if you do it correctly, you can start generating revenue from your hard work. Read on, and you’ll find out how others make money from their blog or website. I’ve explained each one simply, so the terms will make sense to those of you who are new to this.
Make Money Through Ads
his is the most common way bloggers generate profits. This is achieved by placing advertisements on their blogs or websites. Revenue can be generated through ads in many ways but in general, the two most common ways employed include, Ad Networks and Private Ads.
1.) Ad Networks
CPM Ads: This refers to a sum of money paid for every 1,000 advertisement impressions shown on your website. The “M” represents the Roman numeral for 1,000. The largest ad network for placing these kinds of ads is Google AdSense. With AdSense, you don’t need to reach out to advertisers directly; you simply place code on your website and Google decides which ad(s) is related to your content.
CPC/PPC Ads: Cost per click (also known as pay per click) ads are placed in the same fashion as CPM Ads; however, the main difference is that you make money based on every click as opposed to every 1,000 impressions shown in CPM Ads.
2.) Private Ads
Making use of ad networks isn’t your only option when it comes to making money from ads on your website or blog. If your site is getting a lot of traffic, advertisers may come directly to you and request to place their ad on your website or blog. The primary difference between private ads and ad networks is that there is no middle-man; therefore, you are at liberty to set your own rates.
For private ad sales, banners, buttons, or links are added to your site. You can also make money writing sponsored posts by mentioning the advertiser in your content.
Include Affiliate Links in Your Content
Affiliate marketing can also be another great tool for monetizing your blog or site. In affiliate marketing, you allow an advertiser to place an ad for a product or service on your blog or website; you then receive a specific commission from every sale that originates from that particular ad.
Tracking sales is easy; you create a unique link that tracks your affiliate code so the advertiser knows when a buyer uses your link.
You include your affiliate link on your blog or website, and the moment a visitor clicks on your unique link and makes a purchase, you will earn a percentage of the purchase as laid out by “terms and conditions.”
Sell Digital Products
If you don’t want to advertise other people’s products on your site, consider selling digital products such as eBooks, online courses, images, video, applications, plugins, or themes.
Another great option to generate profits is to sell memberships to exclusive content on your website. For example, you might create a career blog and charge a $7 monthly fee for subscribers to get access to your job board or specific courses that you offer.
Build Credibility With Your Blog or Website
Running a blog or website to build credibility can result in a lot of money-making opportunities. For example, if you start a blog in the management or finance industry, it could eventually become widely read and make you a known figure in the industry. With the authority arising from your web presence, people could approach you to co-author a book on management or invite you to be a paid speaker at seminars or conferences.
While not a direct form of making money through blogging and websites, many popular bloggers report that it has generated income for them. If it’s working for them, it can work for you! If you put in the work and build credibility over time, you could attract many opportunities for extra income.