Few years back blogging was just another hobby but a lot has changed in past few years. This is 2015 and now blogging is one of the great online business that anyone can take advantage of. I started as a blogger in 2008 and in last 7 years blogging has gifted my a new house (Worth 10 million), A car and many more things which I would not have achieved with my day to day job as a blogger.
As a blogger, gone are those days, when we were dependent only on AdSense to earn money online, and now we have many more ad networks and monetization method, which we can implement and earn huge from our blogs.
If you have been using those traditional method of making money from your blog, it’s time to give a new vision and revise your Blogging business plan. Make some new tweaks, changes for design and marketing of your blog. Work hard to promote your blog and integrate new ways to earn from your blog.
Specially, after Penguin update and Page layout algo update, my suggestion is to get rid of those Ad networks which are not performing well on your blog. For example, Infolinks is a good ad network for a Tech blog, but for a Webmaster blog like ShoutMeLoud, it does more harm as it takes away visitors for few clicks. Simply, if one affiliate network is not working for you, time to try out new network and see how it perform. A/B testing is your best friend and use Adrotate plugin to rotate your ad slots and help you to get rid of ad blindness issue.
New Ways to Earn money online from Blog:
If you are using contextual advertisement and not making enough that ways, you should try moving to direct advertisement or affiliate advertisement. Apart from traditional form of Advertising, work on other monetization trick which works. Instead of just adding ads, work on adding value for your advertiser. It’s better to have 1 high paying ad than 4 low paying ad units.
I got to know about this network in starting of 2013. If you are using any type of In-text advertising, get rid of it and install Viglink. This ad network will let you monetize your outbound link. You can learn more about Viglink here.
Affiliate Advertisement :
Affiliate advertisement is one of the best way to make money , since a single sale will make 10-100$ for you. I have already covered few topics on affiliate marketing like
- What is affiliate marketing
- How to start with Affiliate marketing
- How to select right affiliate program
Referral Income :
Most of advertisement program like Chitika, infolinks and many others have pay per referral program. Depend on advertisement program you are using, you can look for referral program and refer your readers to that program. This will quickly add some quick dollar in your pocket. Make sure refer to that programs only which work. Though this will work on niche which talks about make money online or blogging.
Direct Advertisement :
No doubt adsense is best advertisement program for bloggers but again it has some limitations like you will not get paid 100% from advertisers and adsense keep a great cut in between. If you manage to grab direct advertisements , replace adsense with direct advertisements. You can try buysellads for direct advertisements. For me it’s most performing advertisement program. You should also have a detailed advertisement page for your blog. Here are few articles which will clear all your doubts related to direct advertisements:
- 5 best tips to find direct advertisements for your blog
- What an Advertisers look for in a blog before advertisements
Paid reviews :
Paid reviews are again a great way to boost your monthly income report. You can quickly make anything above 10$ for a small review post. I make minimum $500 from every review at ShoutMeLoud. Though there are few things which you need to take care before reviewing a product. You can read about it here :
Create and sell eBook:
If you will notice the business model of most of top internet marketer, most of them sell eBooks. For Bloggers like you and me, it’s easier to create eBook by using your existing blog content. All you need to do is, pick a topic, compile an eBook on that topic and put it on sale on your blog or on Amazon. Once you are use to this process, in no time you can earn decent amount of money by selling books online. More over, having your own product to sale is the best thing that you could do for your passive income.
Start running your own set of services. Depending on what are you good at, like you can start content writing services, start logo creation services and so on. For example see my Service page where I run lots of WordPress and blogging related services like :
- Blogspot to WordPress migration
- WordPress.com to Self hosted WordPress migration
- Theme Customization
- Custom WordPress Theme
- WordPress SEO
- Blog consultancy
I know there are lot of options, and I would recommend start implementing one by one. All the above idea works great, and you should find out what works the best for your blog niche. Here are few more articles which will help you to make money from your blog:
Do let us know about your strategy for earning money online in year 2014?