5 Monetizing Techniques to Turn Your Blog Into a Business

monetizing techniques

The number of blogs in the world is expected to reach 31.7 million users in 2020. If you are one of the people providing content on a blog, it may be time to think about monetizing.

There are a few different monetizing techniques to make a blog into a job. Starting a blog that people will read is the most important first step.

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Read on to find out how to start making money by posting on a blog!

1. Create and Sell Online Courses

First, find out what readers are interested in. Blogs typically are geared toward a specific subject or career. Even if the subject has been spoken about before, consider teaching the course anyways. Topics that a blog writer can offer can be anything, such as:

  • How to write articles
  • Social media marketing
  • Creating for an audience

Viewers can see how much time and effort is put into an online course. If the creator is not invested in their online course, it will be noticed. Instead, a blogger would need to find something they are passionate about.

2. Sponsored Ads or Reviews

If a blog reaches a decent amount of traffic, businesses may contact them for product reviews.

Paid reviews happen when a business sends a product for the blogger to review for compensation. This does not mean that the review has to necessarily be positive.

Some businesses will also sponsor a post or the blog itself in exchange for a link back to their website. Note that it is an ethical practice to disclose the sponsorship to readers.

Also, banner ads can be put on the blog to generate revenue for the business. Once the money starts rolling in, an online Paystub generator can help you keep track of your finances.

3. eBooks

Another monetization technique to utilize is writing eBooks. There are tons of ways to start self-publishing eBooks. With the book published, it can be easy to start marketing it to other retailers or directly from the blog itself.

Sales of eBooks will continue to grow to $8.69 billion in the U.S. as technology continues to become better. In fact, mobile devices such as tablets are becoming the more popular way to read the written material.

A blog is a perfect place to retail the books – essentially since bloggers are giving a taste of their material for free anyways.

4. Consulting

This is one of the most popular monetizing techniques for blogs. Consulting is offering feedback to readers for a fee. Helping a reader with consultation through social media marketing, for example, could be done through video chat.

There are plenty of examples to follow online for inspiration. Though be warned, consulting should be based on being an expert in a specific field. Clients will be upset if they find out you’re consulting a subject you don’t know about.

5. Affiliate Sites

Another way to utilize monetization techniques is through affiliate sites.

As the blogger, you would link to these sites from businesses. When readers click on the links, you receive a cut of the profits.

A quick search offers multiple websites to get started, so do research before joining!

Monetizing Techniques and You

To start monetizing a blog, you need help creating one.

At On Blast Blog, we are dedicated to helping you create and maintain a popular blog. We can even help you create a website!

For more tips and tricks, contact us today.