2020 is the age of digitalization and blogging. New ways of earning money are gaining traction. Among them blogging is one of the smartest ways to enhance online presence and make handsome income. With the knack of putting words together, you can earn well. But people fail at getting their blog monetized.
Do you wish to learn ways to monetize a blog in 2020 and 2021? Read, learn, and implement these easy tricks to earn passive income.
Affiliate Marketing for Blog Monetization
Affiliate marketing is a blog monetization process where product manufacturers approach bloggers and content creators to promote their products or services. Bloggers get incentives and commissions on every sale they bring in.
For example, if a blogger is getting $4 per sale. What happens when 100 people buy that product by clicking on your affiliate link? Yes, you guessed it right, the blogger’s commission would be $400.
Isn’t that amazing?
Yes, it is!
This is merely one example. It is a growing industry and will hit the $8.2 billion benchmark in the U.S. by 2022.
Offer Coaching Services to Clients
The coaching service industry is becoming a billion-dollar industry. The information from Disc Insights stated that the yearly revenue of coaching services is coming around $2 billion. This figure is massive and needs serious consideration.
People often think that becoming a coach needs extensive experience, skill set, and knowledge, but this is where they are wrong.
It is more about the ability to speak, understand, and connect. It requires you to be proficient in one thing and deliver the best of your knowledge to your virtual learners. With this, you can become a coach, assist prospective aspirants, and get monetization with good money.
By Selling the Vacant Ad Space
Most websites use Google Adsense to earn money from their blogging domains. Although this way is mostly used, it still brings in less amount than you can make by selling direct ad spaces. There is a lot of vacant ad space on your webpage that can display ads and be a good money source.
Considering the fact, if you are selling your ad space directly. You are sure to make substantial profits out of your blogs.
The easy hack to find potential buyers on your site is by creating an ‘Advertise Here’ page on your website, or you can also use platforms like BuySellAds to connect with tons of potential advertisers.
Freelancer Blogger is the New Normal to Increase Monetization
If you know the creativity and art of writing, then freelancing would be a piece of cake for you. Freelance blogging might take some time, but once you’re an in-demand blogger, your blogging monetization will get an instant boost. Also, you will earn good money.
Product manufacturers and brands are actively looking to connect with potential bloggers with relevant skill set. Freelancing also boosts your income magnificently while working and enjoying at the same time.
Promoting Sponsored Blogs
If you want to get monetized and earn good money by writing a blog post, then you must promote sponsored blogs on your website. Sponsored blog posts are a splendid way to monetize a blog.
Still confused, how it works? It is simple! Any business can approach you and ask to promote their products by featuring them in your blogs. The key-trick is to know how to engage readers through your blogs by throwing the hooks that don’t let the reader go away.
Sell Products to Your Online Audience
Many bloggers are monetizing their blogs with referrals and recommendations. Not only this, but they are also making handsome earning from their blogs. Many bloggers have started their own product range.
For example, a popular e-commerce store Beardbrand started his blogs about grooming standards of beard, and over time, he launched beard grooming products for men. He turned his blog into an established business, and today he earns around $100,000 a month.
eBook Writing – Another arrow in your quiver
There are tons of ways to earn significant figures, and all you need to know is HOW? One of them is by writing an eBook and selling it. By doing so, you will be increasing your chance to monetize your blogs.
However, there is a little catch here that you must focus on:
- You must learn how to select a creative topic – a topic that goes perfectly with your niche.
- The second is to create a masterpiece eBook that gets a massive sell-count globally.
The Final Words
Many bloggers are in this business today, but not everyone is making good turnouts from their blogs. Perhaps the reason for this flaw is not focusing on fundamental tricks to monetize your blogs.
These steps mentioned above would help you monetize your blogs and help you earn well.
Pinstripe Magazine Staff
Online Men’s Lifestyle Magazine on Gear, Grooming, Girls, Gadgets
