How many times have you asked yourself this, how can I generate profits from my writing? This is a question often asked by blog beginners but you will be astonished – even those who have been blogging for years often look for new ways to make even better money! Why? Well for one blogging for profits keeps evolving. Blogging and making money from blogging are two very different things. Blogging is posting and writing without ever worrying if the time you take writing will convert to making money. Blogging for profits is a deliberate, mindful effort to turn your writing into an income-generating activity.
Making money from blogging is a misunderstood phrase, and in fact it has become a profitable industry in itself. It has generated the the birth of so-called pro-bloggers or professional bloggers who are really no different from today’s freelance writers. You will now find that there are “blogger jobs” as there are “writing jobs”.
To make profits from blogging online is no different from making money from freelance writing for magazines or newspapers. Only now with the emergence of one-click publishing tools like Blogger and Wordpress, making profits on the Internet has never been easier once you have learned how to lay down the foundation.
So let’s break down a list of ways to generate money from blogging.
1. Advertising your own, or even your companies products. Maybe you have an online store or maybe your company manufactures a certain line of products. Blogging is a way to connect to your market and turn them into loyal, involved readers. Whereas before you had a boring shopping cart, now with a blog, you are showing your human side. Your business website begins to “talk” to your site visitors through the blog.
2. Advertising other peoples products. In the internet marketing world, this is called affiliate marketing. You write article reviews or you may even just simply mention a product on your blog website, with a link to the product page on the seller’s website. Clicks are tracked and successful transactions are credited to you via commissions (Pay Per Action). You may find products to promote on Clickbank, eBay, Amazon, Commission Junction, LinkShare and ShareASale. Of course, you owe it to your blog readers to be honest in your reviews.
3. Pasting advertisements on your blog or the “Passive Method”. This may also fall under promoting other products, but putting ads is a passive method compared to outright promotion. In this method examples of these are advertising networks such as AdSense, AdBrite, Chitika, Shopping Ads and Widget Bucks. You do not necessarily endorse the products shown on the ads as these are served by the advertising network. You earn when your visitors simply click on the ads (Pay Per Click). Most of these advertising networks give you the option of having ad content that is relevant to your site and also some offer you the option of choosing what ads are shown on your website.
4. Selling advertising space. In this passive method, you do not depend on any action from your blog visitors. You make money from people who pay for web real estate or space on your blog. In this method, you know how much you will earn on a regular basis. You will sell advertisements only when you get a good amount of traffic and in some cases, a good number of RSS Subscribers; advertisers usually ask for statistics.
5. Offering your writing services to another blog. Do you know that there is an entire industry that revolves around freelance blogging? Yes, you need not have your own blog to make money from blogging. You may “ghost write” or become a regular staff for a blog or blog network who may pay per post or per month. Usually, however, you need to show samples of your blogging wizardry before you land a job. In that case, you may have to start blogging for yourself first.
6. Selling your blog. Blogs are properties and if your blog becomes hot property due to a blog post that gets Digged or gets media attention, you may even get offers from companies or people who want to own your blog, and these are usually blog networks. But since a blog is only as good as its blogger, actually selling your blog does not mean giving away the website and leaving with your money. You may be asked to remain as the blogger, but you may be given a salary for staying there. The concession is, advertising revenue goes to the blog network who bought your blog.
So as you can see there are a number of ways you can make money from blogging. You can use one of the methods I have listed here or all of them at the same time. You just need to be comfortable in writing your blog and you can have fun and make money at the same time.