Introduction
If you’re looking to make some extra money outside of your regular job, starting a blog can be a great option! A blog is a website where you can share your thoughts, ideas, and expertise with the world. And the best part is that you can make money from your blog in a variety of ways!
In this blog post, we’re going to explore the different ways you can make a blog be the best side hustle. A side hustle is a way to make extra money outside of your regular job or main source of income. So, if you’re looking for a way to supplement your income, keep reading!
We’ll cover the most common ways to make money from your blog, including:
- Affiliate marketing
- Displaying ADs
- Sponsored content
- Selling backlinks
- Digital courses/tutorials/e-books
- Selling physical products through e-shop
How to make money from your blog?
1. Affiliate marketing
Affiliate marketing is one of the most popular ways to make money from your blog. But what is it, exactly?
Affiliate marketing is when you promote a product or service on your blog and earn a commission for any sales made through your unique affiliate link. For example, if you have a blog about fashion, you could sign up to be an affiliate for a clothing brand and promote their products on your blog. The commission rate can vary depending on the affiliate program, but it’s usually a percentage of the sale. Some affiliate programs also pay you for clicks or leads, which is when someone takes a specific action, such as filling out a form or subscribing to a newsletter.
To become an affiliate, you’ll need to apply to the affiliate program or network and be approved. Once you’re approved, you’ll be given a unique affiliate link that you can use to promote the products or services on your blog. So, where do you find affiliate programs? There are many different affiliate networks and programs available, but some of the most popular ones include Amazon Associates and OfferVault.
Amazon Associates
Amazon Associates is the affiliate program for Amazon, the world’s largest online retailer. As an Amazon affiliate, you can promote any product on the Amazon website and earn a commission for any sales made through your unique affiliate link. Amazon Associates is free to join and offers competitive commission rates.
Amazon Associates offers a competitive commission rate for their affiliates. According to their website, affiliates can “earn up to 10% in associate commissions from qualifying purchases and programs.” The exact commission rate depends on the product category and can vary from 0.5% to 10%.
In addition to the commission rate, Amazon Associates also offers competitive conversion rates. This means that the percentage of people who click on your affiliate link and make a purchase is higher compared to other affiliate programs, which can help maximize your earnings.
OfferVault
OfferVault is an affiliate network that connects affiliates with a wide range of offers from different advertisers. You can search for offers by category, network, or keyword, and then apply to promote them on your blog. OfferVault offers a variety of commission models, including pay per click, pay per lead, and pay per sale.
The commission rates offered by OfferVault can vary depending on the advertiser and the offer. Some offers may offer a flat rate per lead or click, while others may offer a percentage of the sale. The commission rates can also vary depending on the network or platform that the offer is hosted on.
Overall, it’s important to research and compare different affiliate programs and offers to find the best fit for your blog and audience. Don’t be afraid to try out different programs and offers to see what works best for you.
2. Displaying ADS
One of the most common ways to make money from your blog is by displaying ads. There are several ad networks available, but three of the most popular are Google AdSense, AdThrive, and Mediavine.
Google AdSense
Google AdSense is an ad network run by Google. It’s free to join and easy to set up, making it a popular choice for many bloggers. AdSense displays ads on your blog that are relevant to your content and your audience, and you earn money each time someone clicks on an ad. The amount you can earn per click can vary depending on the ad and the advertiser’s location. Google AdSense does not have any special restrictions, and bloggers of all sizes can join.
In terms of earning potential, the amount you can earn from displaying ads on your blog depends on a variety of factors, including your traffic volume, the type of ads being displayed, and the location of your audience. As a rough estimate, if you have 1,000 pageviews per month and are using Google AdSense, you might earn between $1 and $10 per month.
AdThrive and Mediavine
AdThrive and Mediavine are ad networks that cater to larger blogs with high traffic volume. To join AdThrive, bloggers need to have a minimum of 100,000 pageviews per month and the majority of their traffic must come from the U.S. Bloggers who join AdThrive and Mediavine must also have a clean track record with no previous advertising infringements. These ad networks provide premium ads and typically offer higher RPMs (revenue per 1,000 pageviews) compared to Google AdSense.
RPM refers to the amount of money you can earn per 1,000 pageviews. The RPM can vary depending on factors such as the ad network, the type of ads being displayed, and the geographic location of your audience. For example, if you have international traffic, you may earn less compared to if your traffic is primarily from the U.S.
As a general guideline, a typical RPM for publishers with AdThrive is $15, meaning that for every 1,000 pageviews, you can earn $15. However, the RPM can vary depending on the niche and the specific ad campaigns being displayed.
3. Sponsored Content
Sponsored content is a form of advertising where a company pays you to create content that promotes their products or services. This can take many forms, such as a blog post using Guest posting. The content should be clearly labeled as sponsored, and it’s important to only promote products or services that align with your blog’s values and content. Sponsored content can be a great way to monetize your blog while also providing value to your audience.
To find sponsored content opportunities, bloggers often need to seek out private partnerships with businesses or brands. This can involve reaching out to businesses directly or networking with other bloggers in your niche. When reaching out to businesses, it’s important to have a clear understanding of your blog’s audience and the value you can offer to the company. You can pitch your blog as a platform to reach a specific target audience or highlight your expertise in a certain area.
If you have a smaller blog with around 5,000 page views per month, you may be able to earn around $100 per sponsored post or partnership. However, if you have a larger blog with higher traffic volume and engagement, you may be able to negotiate a higher rate. In some cases, you may also be able to negotiate longer-term partnerships with companies, which can offer higher compensation. For example, you might sign a $10,000 deal for a series of sponsored posts over a period of several months.
4. Selling Backlinks
Selling backlinks is a natural way for blogs to generate income. A backlink is a link from one website to another, and having high-quality backlinks can help improve a blog’s search engine rankings and visibility. As a result, many businesses and individuals are willing to pay for backlinks from high-quality blogs.
The value of a backlink can vary depending on the blog’s domain authority, traffic volume, and other factors. As an established blog with at least one year of history, you can expect to sell backlinks for around $50-100 per link when selling in larger bundles (50-100). However, if you’re selling to a 100% niche website that is similar to yours, the cost can jump up to $200-250 per backlink.
It’s important to note that selling backlinks can be controversial, as search engines like Google consider it a violation of their terms of service. As a result, it’s important to be transparent with your audience and only sell backlinks to reputable businesses and individuals.
One way to increase the value of your backlinks is to offer a reciprocal linking arrangement. This means that you agree to give a discount on the backlink price if the other website also agrees to provide a backlink to your site.
Where to sell your backlinks?
To sell backlinks, bloggers often need to reach out to resellers who can connect them with businesses and individuals looking to buy backlinks. These resellers can be found through a variety of channels, including online marketplaces and blogger outreach companies.
The best option for selling backlinks is to work with blogger outreach companies such as StanVentures or Fiverr. These companies can help connect bloggers with businesses and individuals looking for high-quality backlinks. Fiverr is a popular platform for freelancers and bloggers to offer their services, including selling backlinks. StanVentures is one of the biggest blogger outreach companies and offers a variety of services to help businesses improve their search engine rankings and visibility.
5. Digital courses/tutorials/e-books
Selling online courses is a popular way for bloggers to monetize their expertise and provide value to their audience. Online courses can take many forms, such as e-books, video tutorials, or interactive webinars. To create and sell an online course, bloggers will need to first identify their niche and target audience. This may involve conducting research to determine what topics or skills are in demand, and what gaps exist in the market.
Once you have identified your niche and topic, you can start creating your course content. This may involve writing e-books, creating video tutorials, or developing interactive modules. It’s important to create high-quality content that is engaging, informative, and easy to follow.
When selling online courses, bloggers can choose from a variety of platforms, including their own website or third-party platforms such as Udemy or Skillshare. Each platform has its own benefits and drawbacks, so it’s important to research and compare your options to find the best fit for your needs.
How much can I earn by these digital assets?
The pricing for online courses can vary depending on the topic, content, and length of the course. Some bloggers may choose to charge a premium price for their courses, while others may opt for lower pricing to make the course more accessible to a wider audience.
When pricing your online course, it’s important to consider the value and knowledge you are providing to your audience. Courses that offer more in-depth knowledge or specialized skills may be priced higher than courses that provide more general or introductory content.
However, it’s also important to remember that lower prices are often more likely to sell, especially for bloggers who are just starting out or who have a smaller audience. Offering a course at a price point of $10-100 can make it more accessible to a wider range of people, and can help build momentum and interest in your course. But people with high knowledge can sell their courses even for thousands of dollars.
6. Selling physical products through e-shop
In addition to the methods mentioned earlier, bloggers can also monetize their blog by selling products directly on their own e-shop, which can be integrated into their website. This can be a great option for bloggers who have a dedicated audience and a unique product or service to offer.
To sell products on your own e-shop, you’ll first need to identify your niche and target audience. This may require research to determine what products or services are in demand and what gaps exist in the market. The best way it to create a long-term vision even before writing a blog. After you get some traffic from blog, you can convert those visitors into customers.
One of the example is writing a blog on men’s fashion (different tutorials, types of men’s fashion,..), and then sell these products you write about on you e-shop. Or you can create a drop shipping store from it, you do not have to necessarily have a stock.
How to write you blog more affectively?
One way to improve your blog writing and make it more effective is by using ChatGPT as a tool to enhance your writing skills. As an AI language model, ChatGPT can help you to generate ideas, improve grammar and sentence structure, and even suggest new topics to write about.
In addition, there is a growing trend of people becoming GPT correctors, which means that they help train AI language models like ChatGPT to produce more accurate and natural language output. By becoming a GPT corrector, you can not only improve your own writing skills, but also help to improve the accuracy and effectiveness of AI language models for the benefit of others.
To get started, you can use ChatGPT to generate ideas for your blog post, such as by asking it to suggest related keywords or topics. You can also use it to check your grammar and spelling, and to improve the overall flow and clarity of your writing.
Read our whole article how to rank on Google with ChatGPT.
Conclusion
Now that you know the different ways you can make money from your blog, it’s important to choose the right strategy for you. Some bloggers choose to focus on one specific income stream, while others use a combination of different strategies. If you are young, and want to make some extra money, becoming a blogger have never been easier. Start now!