5 Easy Ways to Turn Your Blog Into a Business
But before you start planning on how you're going to spend your blogging billions, it's important to be realistic.
Not every blog will make money, and if yours does, chances are it's not going to be overnight.
Still keen to find out how you can turn your fun past-time into a bonafide career? We tell you how.
5 Easy Things You Can Do To Start Earning Money From Your Blog
There are five ways you can earn money from your blog, these include:- Affiliate marketing
- Advertising or sponsored posts
- Digital products
- Physical Products
- Services
1. Affiliate marketing
A lot of people make money nowadays from something called affiliate marketing rather than actual blogging. While it's still very much about content, you're writing about a product or service that's offered by someone else. When the reader clicks through to the link to make a purchase or answer a 'call to action,' you're paid a commission.Popular affiliate marketing programs include Amazon Associates, Nike affiliate program, eBay Partners, Clickbank, Rakuten Marketing Affiliates, and Bluehost Affiliate Program. This is a great way to make money from your blog, especially when you're running out of ideas for content
2. Advertising
As with any platform, advertising is a reasonably easy way to make money, and there are a couple of ways you can do this on your blog.Reviews and Giveaways
Reviews are one way you can do this. A company will provide you with a product or service, which you then review. They might also offer your readers a giveaway or a discounted rate and pay you for space to advertise on your blog.
Ads
Placing ads on your site is one of the easiest ways to make money, and Google AdSense is perfect if you're just getting started. You can also generate some income from sponsorships on newsletters, in videos, or during podcasts.
Underwritten Posts
Although similar to affiliate marketing, with underwritten posts, you're paid whether your reader clicks onto another link to make a purchase or complete an action.
3. Digital Products
Once a blogger has established themselves as an expert in a specific industry, they can then use their website to create other streams of income. Digital products include Ebooks, Ecourses, and even online workshops or classes.You can also make money by providing content for paid subscribers or creating video clips, jingles, or sound bytes.
4. Physical Products
Although it's not the easiest way to do it, you can make money from selling physical products on your website. This can be in the form of books, personalized merchandise, or manufactured products.If you’ve just started blogging, then this isn't the best option. And it can get complicated dealing with issues like manufacturing, shipping, returns, and keeping track of inventory.
5. Services
Successful bloggers who have established a name for themselves can earn an income from speaking at events and gigs or by just making an appearance.But if you’re still building your brand, you could offer your services to your readers in other ways. For example, you could host an event-planning or cooking workshop. The only downside to this that you’re limited by time and location.
Why Your Blog Loses Money
If you’re not careful with your blog, it’s easy to start losing money. We’ve listed the most important things you can do to make sure your blog is always working for you.These are as follows:
- Build an email list
- Make sure you use affiliate links
- Control your Google Ads spend
So, take control of your blog and turn it into a business by following our simple and most effective tips.