Step 5 Monetize Your Blog

Make Money With A Blog

Now it’s time to monetize your blog so you can start collecting revenue from it! There are several different ways you can add revenue streams to your blog such as Google Adsense Ads, Affiliate Links, and selling your own products. We’ll also cover how to start collecting subscribers to your blog and building your list.

Google Adsense Ads

This is a form of advertising that involves full text classified ads getting displayed on your website or blog. Once you apply for the program and get approved, Google will display relevant adsense ads on your website that look like this:

google adsense

How it works is that every time a visitor to your site clicks on one of the Google ads displayed on your blog, you will get a small commission. The average commission per click is about 20 cents, but it depends on how competitive the keywords used in the ads are. Advertisers will have to pay more money for more competitive keywords. These are usually the keywords for topics that are very profitable such as making money online, insurance, credit cards etc. More competitive keywords can cost up to $30 per click sometimes.
You can apply for the Google Adsense program here: http://www.google.com/adsense/

Affiliate Links

There are literaly doezens of different companies that broker affiliate programs with major products. The most popular affiliate programs out there for blogs are Clickbank, Commission Junction, Amazon, and Ebay. A great way to integrate these into your blog is either through banners ads or reviews. When writing a review make sure you include a description of the product, the benefits, the disadvantages (don’t leave this out because adding the negative points about a product will make your review more credible to your readers), how the product has helped you, and add your affiliate link to the site where they can buy the product. This is a great technique because it’s pre-selling to your readers and will help to encourage a higher conversion rate.

Clickbank

http://www.clickbank.com
Clickbank sells only digital products such as video courses, ebooks and software. You can find a huge range of products to promote and it’s very easy to do. Also, a lot of the payouts are 50%-75% and on average about $30 per sale. If you go to Clickbank’s marketplace you can sort the products by different criteria and categories.

Commission Junction

http://www.cj.com
Commission Junction has a range of different affiliate programs for a range of products; both physical and digital. You can get paid great comissions for either a lead or a sale.

Amazon

http://affiliate-program.amazon.com
Although Amazon doesn’t pay as big of a commission as Clickbank and Commission Junction does, it is good at converting clicks to sales. Plus there’s a variety helpful resources they provide you with to advertise their products on your website, such as rotating widgets displaying lots of products and Amazon aStores that allow you to have a whole customized Amazon product store on your blog.

Ebay

http://www.ebaypartnernetwork.com
Ebay is similar to Amazon and has a large range of products you can promote on your blog. They also have a Pay Per Click program too.

Your Own Products

Another great way to monetize your blog is to simply sell your own products. This is a great way to build even more credibility and popularity for your blog. Having your own ebook, video course, or physical product you ship out will help you to be seen as an authority in your niche and someone to go to for information. Plus you get to keep 100% of the sales!

Using PLR Products

If you’re not up to making your own products or you’re short on time, a good option is to purchase Private Label Rights Products. If you do a search, you will find plenty of ebooks, and video courses in all sorts of niches that come with PLR. Simple purchase the products you want, edit it to suit your brand if you want to, and then it’s ready to be sold as your own product on your blog!

Drop Shipment

Another very popluar method of monetizing your blog is with drop shipment. This is where you promote certain phyiscal goods for another manufacture and when the order is made the manufacture sends out the product. Once the sale is done the manufacturer collects the payment, delivers the product and pays you a commission. In some cases you can even private label your own products with your company name and logo.