Five ways to make money with a blog
Internet offers endless possibilities to obtain extra income or complementary to our usual income. In fact, there are even people who live solely and exclusively from their online business. Even if it seems hard to believe, this is possible. Today, thanks to the large amount of information available on the network, monetizing a website or a blog is not excessively complicated. Here are five ways to earn money with a blog.
Making money with a blog is possible if you know how to do it
Google offers us with AdSense the possibility of inserting advertisements on our website and making money with a blog with the clicks that our readers make on them. This is the simplest way to start monetizing a blog since it can generate income from the first day.
The problem with AdSense is that we need a large flow of visitors to be profitable , since the revenue per click is very small. Another of its drawbacks is that we can not control one hundred percent of the publicity that appears on the web and, although it is related to the subject, an ad may appear that does not interest us.
Another possibility is direct advertising without Google intermediation, for example, by renting banners . The problem in this case is that we need to have an important reputation and invest a lot of time to get clients willing to promote themselves on our website and make money with a blog.
- Sale of infoproducts.
A blog also offers us the possibility of selling infoproduct products such as ebooks, courses or access to private areas . Logically, we must be experts in the field and be well positioned so that readers trust us and are willing to pay for our knowledge to make money with a blog.
The profit margin here is very large and sales are made in totally passive mode . Another advantage is that we fully control the sales process and can use all kinds of techniques to persuade the reader to buy.
However, all that glitters is not gold: the problem with infoproducts is that we have to invest a lot of time in creating them and we also need an infrastructure that allows us to commercialize it in a professional manner. On the other hand, many infoproducts involve offering technical support to the buyer during a certain time, so we have to assess if we have time available for it.
- Online store.
Through an online store we can sell physical products and obtain significant income . However, it has several drawbacks: first, setting up an online store is complex and we will surely need the help of an expert; Second, the logistics to store and sell the products we sell is not simple; and third, Amazon, eBay or Alibaba, among other web portals, will be our direct competition.
- Affiliate systems.
Through an affiliate system we can recommend products sold by other companies , such as Amazon, and get a commission for sales made in these portals if visitors come from our website.
Unlike the online store, here we do not need a logistics system, since we do not store the product. In addition, we have two fundamental advantages: everyone is informed on the Internet before buying and we can “sell” anything completely passively. Of course, the profit margin is smaller and we will only sell if the advertiser’s website finishes convincing the reader. The latter we can not control it.
- Sell a consulting service.
Many websites offer a consulting service to their readers. We can find from doctors or psychologists solving doubts by Skype to financial coaches that teach us to invest or experts in digital marketing willing to promote companies.
In all cases, we would exchange time for money. Perhaps it is the most difficult way to monetize a blog, since it is essential to be positioned as an expert in the field so that the reader is willing to pay for the service we offer.