There are a ton of ways out there to monetize a blog. First and foremost, though, a blog should have meaningful content that attracts and retains readers. Once you have that (or even before the fact), you can monetize your blog in a number of ways. Here are some of my favorite ways:
1) Text-Link-Ads – Signing up for Text Link Ads is a breeze. All you have to do is submit your website for review and install the code they give you, and your site is automatically listed in a database where advertisers can find your website to place text links on. The amount you can earn per link sold is relative to the popularity and search engine rankings of your blog, but this is definitely one of the easiest ways to make money blogging. I can also sell links on my website without going through TLA so I don’t have to pay TLA their share, but TLA makes it easy to find advertisers.
2) WidgetBucks– Another really cool way to start bringing in some cash is through WidgetBucks. WidgetBucks lets you put up a custom widget anywhere on your site and it autotically puts up ads related to your content(i.e., if you have a digital camera blog up, it will show ads of digital cameras). The widget looks very clean and can be customized to blend in with your website and only takes a minute to set up.
3) Sell advertising space- This one is obvious. Let your readers know that they can advertise on your blog for a set monthly fee. Speaking of which, spots are currently going for $50 per month on this blog.
4) Affiliate marketing– If you haven’t already noticed, I’m pretty big on affiliate marketing. You can make a lot of money on your blog just by reviewing different products and earning a commission on items people buy through your link. To do this well, you have to be able to write well-constructed reviews that are actually helpful to people. To learn more about affiliate marketing and how you can make a killing with it, visit WealthyAffiliate.com. This is definitely the most lucrative method for making money blogging, or elsewhere.
With a little effort and some creativity, you can make blogging a beneficial and lucrative hobby/business. I hope these tips have been helpful and have encouraged you to start making more money today.