Here is the Top 3 Ways To Monetize Your Blog And Explode Your Income. Are you making money with your blog? Odds are you are making pennies on the dollar or nothing at all. Most bloggers just don’t know the proper ways to make money from their blogs. But that’s okay, I am going to show you the top 3 ways to monetize your blog and explode your income.
Build A List
Building a list is perhaps the most crucial step that a lot of bloggers seem to miss. While it may seem a bit intimidating at first, building a list is actually quite easy. It only takes a few hours of preparation, and it could be one of the best things you do for your blog.
Building a list will enable you to throw around traffic at the push of a button. Wouldn’t you like to recommend a product, shoot out an email and receive instant commissions? That my friends, is the immense power of list building!
Writing Reviews
Reviewing products in your niche is a fantastic way to monetize your blog. You can leverage your visitors as traffic and write a pre-sales page. You also have the ability to offer bonuses to your readers if they purchase the product through your link. Simply inform them to email you their receipt to receive their bonus products.
Be careful with this tactic though. Make sure you show your readers the best products, otherwise, you risk losing credibility. Also, make sure you only write reviews “here and there” – you want to provide compelling content at least 90% of the time.
Selling Your Own Product
Selling your own product is beyond a doubt the best thing you can do to monetize your blog. Not only will you receive 100% of the commissions but you will establish yourself as an expert in your niche.
Selling your product has many other benefits. You can setup an affiliate program to make more money and capture more leads. You can joint venture with other webmasters in your niche, and you can offer a one time offer to your list.
I hope you see the power of these three techniques. Simply throwing up an AdSense ad will not work anymore. If you really want to monetize your blog to explode your income you need to build a list, create a product, and write reviews.
Article by Paul Roekle
Visit Paul Roekle's blog to find more making money online tips.
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{ 29 comments… read them below or add one }
Twitter: dragonblogger
October 15, 2010 at 10:51 am
I myself don’t sell any of my own products, there is too much permeation in the market place for the same eBooks and such. I do think building a list is merely a means for #3, it should be done no matter what even if you don’t plan on earning money as it can be a great means of sending out newsletters, information and updates.
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Great stuff man!
I’ve done all of this except for selling a product, It’s just something I’m a little too lazy to deal with. Haha Nice stuff though.
CJ
CJ’s last blog ..Pay Per Click Kind of Sucks Or Kind of Rocks… What Do You Think?
Twitter: heydevesh
March 22, 2010 at 2:05 am
Great post mate
Affiliates is best for me:)
.-= Dev | Technshare´s last blog ..A Video Marketing Blueprint That Will Knock Your Socks Off =-.
Twitter: MurrayLunn
March 18, 2010 at 11:40 pm
These are really the 3 pillars that can work for just about anyone that’s blogging.
Each of them don’t take much time and aren’t all that hard to understand.
Thanks for the heads up.
.-= Muxx@HowToDJ´s last blog ..Shpongle – Ineffable Mysteries From Shpongleland Review =-.
this is a great article…even I believe in working 5to9 to quit my 9to5 job
.-= infopediaonlinehere´s last blog ..Google App Engine technologies, Google App Engine SDK, Google cloud computing google app engine =-.
Good article, thanks for sharing your tips.
I always have papers around me to note my bucket list and all others things to not forget to do them.
I think i can’t create a product, i don’t have enought skills for that, even an ebook, it is too munch work for me, today, i only focus on my blog and i will see if i can do something bigger in the future. ^^
.-= Sushie@ diet plan´s last blog ..To lose 4 to 6 pounds =-.
Hi Paul,
I agree with your 3 best ways to make money from a blog. Another way might be to charge people a fee to guest blog to drive traffic to their site/product.
For people that struggle with creating a product, I think the easiest way is to create an eBook about your area of expertise from your job or hobby etc. Or find somebody in your family that is an expert in a niche and base the book on what they can show you. Interview them and take photos etc.
Later you can turn this into a monthly-paid membership site, a static site to sell on or a DVD etc.
You can use Open Office to create a PDF and zip it up to offer as a download from your site. Start with a free report to create the template for future products and to get something out of the door fast. So in like 2 hours from now, you could have your first report online, ready for download.
.-= Andrew@split testing´s last blog ..Quick Split Testing =-.
As a new blogger, I think selling our own product is the toughest way to monetize in my blog. I really do not know how to sell my own product as i do not have any product to sell. However, i am willing to learn for it. Thanks for sharing!
.-= KS Chen´s last blog ..3 Criteria of Keyword Research – Google Adsense Tips =-.
I think selling our own products will give us a huge income! But my question is, what should us bloggers sell?
.-= PubuduKodikara@TechHamlet´s last blog ..Stand a Chance to Win a Free BitDefender Anti Virus Subscription =-.
The notion that just ‘throwing AdSense’ will not work is very stupid.
First, you tried to do what most marketers do and that is teach a ‘rule-based’ marketing and not principle-based one (tell people to test all these stuff before they decide to implement any of it.)
First, I’ve had some blogs that made more in AdSense income daily than in affiliate income. But I’ve TESTED different position and colors of that Adsense ad in order to make it work.
There is simply too many variables to consider and therefore teaching people to ‘go by the rules’ in this internet marketing game is simply very misleading. People simply go by the assumption ‘oh internet marketing and doing business online is very simple…just do 1 2 3 and that’s it! It’s same like boiling an egg!’ which is opposite of what the biggest players (Google, Amazing etc.) do. They test everything.
And if Amazon and Google test…then no guru has the right to claim people should do ‘this or that’ and they’ll get to that exact specific result. He should give at least a disclaimer that these things are only principles and people ultimate need to go through carefully designed test methodology and see if they work for their blog.
.-= Dare´s last blog ..How to Backup Your Wordpress Database, Images and Themes (Easy Way) =-.
I agree that all are good ways to monetize your blog, however, building your own products does not require a blog. You use your blog as an launching pad to sell it but not everybody can do this, specially if you are on the MMO niche. The internet is saturated with these type of products and unless you are a superstar, I seriously doubt that this method will reap in profits. In my opinion, the best way to monetize a blog is by buildling trust and credibility. After that, everything else comes in like a breeze. Providing consulting, coaching and ghostblogging will probably be better choices.
Don’t get me wrong, all your ideas are great and can work, I just don’t think they are the top ways, sorry.
.-= DiTesco´s last blog ..Share Your Experience And Opinions With Us =-.
I see what your saying. But consider this, build a blog first then create a product for your readers. I’m in the MMO niche and I know how steep the competition is. Yet with my tiny little blog that only gets about 100 visitors a day I still manage to pull sales on my product. It might not make you rich but I am making 10x more money a day then I would through adsense revenue.
.-= Paul Roekle´s last blog ..Information Overload And Other General Hysteria =-.
I can not sell affiliate products on my blog as I have no time to write sells copy. I better like to monetize my blog by adsense, selling text link and ad space.
.-= chandan@work at home jobs´s last blog ..Advance backlink building strategy by social bookmarking =-.
Ah, well.. Maybe I am neglecting the first suggestion. I have tried it in the past but seem to have trouble drawing people in. Does anyone have some suggestions? Especially you pros out there..
.-= Josiah@Tumblr Themes´s last blog ..Photo Gallery =-.
Try giving away a free product that you created yourself. This makes it unique to your site and the visitor will not be able to get it anywhere else. Then make a squeeze page and start directing your traffic to the squeeze page. If you do it right you can see very high conversions. Here’s an article I wrote that might help you out:
http://www.shoutmeloud.com/why-my-squeeze-page-converts-better-than-yours.html
.-= Paul Roekle´s last blog ..Information Overload And Other General Hysteria =-.
What have you tried so far, lets start there…
.-= Dennis Edell´s last blog ..DEDC Updates – What the (Near) Future Holds for You and I! =-.
Exactly what I said in my above post. I direct the traffic to a squeeze page located here: http://paulroekle.com/linkwheel/
And that page has been converting at 77% for me because of the way I drive traffic to it. Basically, in relevant guest posts and articles the user gets so jazzed about trying linkwheels that they sign up to get the report.
.-= Paul Roekle´s last blog ..Information Overload And Other General Hysteria =-.
Sorry, I was asking Josiah.
.-= Dennis Edell´s last blog ..$100 – 10 Winners – Comment Contest! ‘Till Months End… =-.
Yes, list building! My next primary task.
.-= Dennis Edell´s last blog ..DEDC Updates – What the (Near) Future Holds for You and I! =-.
These are all good tips that can be applied to most blogs. A lot has to do with the niche you’re working in though – with time you may be able to find even more ways to monetize your blog.
.-= Anne @ b6s.net´s last blog ..Amazing Ferro Fluids =-.
Twitter: michaelaulia
March 1, 2010 at 10:50 pm
I do gadget reviews quite often on my blog. Since the vendors mostly don’t give affiliate options, I put Amazon ads instead. They work okay, not wonders at this stage but I can still squeeze some dollars (4% commission only
)
.-= Michael Aulia´s last blog ..How to fix Razer Megalodon’s microphone noise problem =-.
Check out AffiliateBlogOnline.com. The ladies talk about making thousands per month from amazon.
.-= Dennis Edell´s last blog ..DEDC Updates – What the (Near) Future Holds for You and I! =-.
Paul, These three things are the good way to really monetize any blog online. However, just like what Hesham said, selling your own product is probably the best idea but not everybody has the tenacity to create his or her own product to sell online.
To consummate my opinion here, I think selling your own product is still the take away from this post. God bless…
.-= Justice@Get Rich´s last blog ..Online Foreign Currency Trading For Beginner =-.
Three great ways to make money online with that said we need patience rome was not built in one day great simple tips.
.-= lawmacs´s last blog ..Designing Your Website =-.
Good post, Paul.
I agree that these are all critical to making money.Each one builds on the other and having your own product(s) is where the real fun begins.
.-= Jimi Jones´s last blog ..6 Time Management Tools To Help With Your Efficiency =-.
Great list Paul! I think we should be taking advantage of all these options!
.-= Tom@Build That List´s last blog ..The 4 Reasons People Unsubscribe Mailing Lists =-.
Creating your own product may seem like a monumental task at first but believe me just start it now. Once you start making it you take that first leap. After that you will realize that it’s not really that difficult! It is truly a rewarding process, trust me.
.-= Paul Roekle @ Internet Marketing Blog´s last blog ..7 Day “Action Plan” How To Enter Any Niche And Turn A Profit In 7 Days Part 1 =-.
Good share. Creating a product is a difficult task for me.
Creating product is the best in my opinion, and yes of course it’s the hardest choice!
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