Hey there! As a fellow tech geek, I know how exciting and rewarding it can be to start a blog on a topic you‘re passionate about. But you‘re probably wondering – can I actually make money doing this?
The answer is a resounding yes! Blogs can be extremely lucrative if you play your cards right. Just take a look at these stats:
- Top-earning blogs like HuffPost and Business Insider make over $10 million per month from their blogs.
- The highest-paid blogger makes $1 million per month just from her blog.
- The average full-time blogger earns $138,000 per year from their blog.
With the right monetization strategy, you can start building blogging income too. In this post, I‘ll share the 8 most effective ways to make money blogging based on proven strategies.
1. Google AdSense
Google AdSense is the go-to monetization source for most new bloggers, and for good reason. It‘s easy to set up, requires minimal effort, and can generate a steady stream of income.
Here‘s a quick rundown of how it works:
- Sign up for an AdSense account and paste the ad code on your site.
- Google uses contextual targeting to show relevant text and display ads on your site.
- You earn money every time a visitor clicks or views an ad.
The best part about AdSense is that there are no traffic minimums, so you can start earning as soon as you get your first visitors. The downside is that the CPC and CPM rates are lower compared to other ad networks.
According to MonetizePros, the average AdSense earnings are:
- Earnings per 1,000 impressions (EPM): $1 – $3
- Earnings per click (EPC): $0.10 – $1.00
So if you got 10,000 visits per month, with a 5% click-through-rate and $2 EPM, you could make around $200 per month. Not bad for a beginner blog!
Once your traffic reaches around 25,000 visits per month, it‘s worth exploring premium ad networks like Media.net.
Media.net has higher ad rates and smarter targeting capabilities than AdSense. Some key advantages:
- EPM rates from $4 – $12
- In-image ads earn 2-3x more than banners
- Powerful contextual and geo-targeting
So using the same traffic example above, 10,000 visits with a $10 EPM would net you $500 per month through Media.net.
The main downside is that Media.net‘s approval process is stricter than AdSense. You‘ll need a well-designed blog with decent traffic and content to get accepted. But it‘s well worth applying once you reach the 25k visit threshold.
3. Affiliate Marketing
Affiliate marketing is one of my personal favorite ways to monetize blogs. It takes a bit more effort than display ads, but the earning potential is much higher.
Here‘s a simple 4-step process:
- Find affiliate programs related to your niche.
- Promote affiliate products in your content.
- Readers click your affiliate link and make a purchase.
- You get a commission for the sale – from 5% to 75% typically.
Some popular affiliate programs include:
- Amazon Associates – up to 10% commission
- ShareASale – over 3900 partner programs
- ClickBank – digital and informational products
The key is to only promote products you genuinely like and find useful. Don‘t cram in random affiliate links just for the earnings.
Pro tip: Create dedicated resources pages highlighting your top recommended tools and services in your niche. Link to them frequently to increase conversions.
You can expect to earn anywhere from $100 to over $1000 per month once your affiliate strategy is refined.
4. Sponsored Posts
As your traffic and niche authority grows, you can start getting paid for "sponsored posts" – blog posts that highlight or review a brand‘s product or service.
These sponsored post rates vary based on your niche and audience size:
- 10k – 50k monthly visitors – $100 – $250 per post
- 50k – 100k monthly visitors – $250 – $500 per post
- 100k+ monthly visitors – $500 – $2500+ per post
So if you land just two $500 sponsored posts per month, that‘s an extra $1000 right there!
Reaching out to brands directly is the best approach. But you can also list yourself on sponsored post marketplaces:
Just make sure to maintain full transparency by disclosing sponsored content as an ad. The trust of your audience is #1.
5. Create Online Courses
Creating online courses is one of the most lucrative ways to leverage your blogging expertise. The global eLearning market is projected to reach $457 billion by 2025 according to Forbes.
With your inside knowledge of a niche, you can create a premium course teaching others valuable skills related to your topic.
Popular course platforms include:
These platforms help you create, market, and sell online courses with their built-in technology. You earn anywhere from 50% to 97% of the revenue from each sale.
The upfront work of creating a course is substantial, but the passive income potential is massive from just a single high-quality program.
Running a membership program is a smart way to build predictable recurring revenue.
Instead of selling individual products and services, you offer exclusive membership benefits like:
- Premium tools and downloads
- Private community access
- Behind-the-scenes content
- Expert coaching and support
Software like MemberPress makes it easy to accept membership fees, limit access to gated content, and manage members.
According to MemberPress, the average monthly membership fee is $17 for a niche site.
So if you had 500 members at $20 per month, that‘s $10,000 in recurring revenue! Pretty neat.
The key is structuring your content plan to continually add value for members. Make them feel like VIPs with access to your very best material.
7. Physical Products
Creating informational digital products is powerful, but don‘t overlook physical products too.
Physical products like t-shirts, mugs, and posters help fans rep your brand and can have high profit margins when produced on-demand.
For example, the blog Wearing History has found huge success selling history-themed clothing and products to their audience.
Recommended services for manufacturing and fulfillment:
These platforms handle production and shipping once an order is placed. You simply design products, set your pricing, and market them to your audience.
Profit margins range from $5 to over $20+ per product sold. Leverage your blog audience reach for some easy additional income!
8. Forum Monetization
Let‘s wrap up with a more unconventional strategy – building and monetizing a private forum community.
Forums allow your most engaged readers to connect and discuss specialized topics in a private setting. You can charge a monthly or annual access fee while offering premium benefits like:
- Real-time chat
- Exclusive member blog
- Monthly video calls
- Access to subject matter experts
Software like Tribe and Circle enable you to quickly launch a monetized online community.
Although managing an active forum has higher time requirements, the income potential is significant. Forums are extremely "sticky" with recurring predictable revenue.
Time to Start Monetizing!
Alright, those are my top 8 strategies for earning real income from your blog!
The key is trying different options and seeing what resonates most with your niche, skills, and audience. Don‘t be afraid to experiment and find the right mix.
With persistence and consistency, your blog can become a source of full-time income doing something you truly enjoy.
Let me know if you have any other questions! I‘d be happy to offer tips to help you successfully monetize your blog.
Best of luck!