Have you been running a blog or website for a while without any monetization? Chances are it has some potential as an additional income stream through internet advertising, promotional blog posts, and digital opportunities. So, why not turn your site into a money machine today?
Affiliate Marketing
Affiliate marketing is a widely used system for making money online; when a customer clicks a link on your website or blog, it takes them to a webpage where they can buy the product. As a thank you, the seller sends you a commission for your efforts in promoting the item on your blog.
While affiliate marketing can be lucrative, it can also take time to build it up, but the time it takes to create a modest income stream can be shortened by using high paying igaming affiliate programs. These programs typically offer you higher percentage returns on your internal links.
Google Adsense
One of the easiest ways to make money from your blog is to signup for Google Adsense. Google Adsense is free to join and allows you to display lucrative cost-per-click adverts on relevant web pages. CPC ads send a fee to your bank account every time someone clicks.
To partner with Google Adsense and earn money with CPC ads, you will have to qualify for the services, visit the Google Adsense website, and signup; after you input the details of your website, the Google Adsense team will take a look at your website and help you improve it.
Sponsored Blog Posts
Another fantastic way to earn some money from blogging is to partner with brands and write sponsored blog posts, brands are looking for ways to reach new audiences, and if you have a unique blog with a dedicated following, you could be the perfect partner for a lucrative deal.
Like influencer marketing on social media platforms, a company or brand is willing to pay you to promote their content, in the form of a blog post in this case. Writing these blog posts can earn you tens of thousands of dollars depending on your deal, so pitch to brands or post a media kit.
Write Reviews
If you have a blog that’s pretty successful, chances are you’ve got some decent writing chops, so why not monetize your talents by writing reviews in your niche? As with sponsored posts and influencer marketing, writing reviews is an excellent way to earn money and entertain readers.
Normally, a brand or business wants you to try out a product and then write an honest review for them; in this sense, it’s a bit like influencer marketing. As well as getting paid for the review at a rate you can agree on with the brand, you will also get to keep the new products you review.
Flipping Websites
Some people flip property; others flip websites! If you know how to build a website and grow its traffic, you are ahead of many entrepreneurs who want to avoid the technical side of things. Instead, they prefer to buy a website in their niche area that they can start using immediately.
Okay, so this strategy is not the same as building your personal blog into a money machine, but it does have the potential to become an income machine. Make a list of the type of websites entrepreneurs are looking for; it could be basic e-commerce or affiliate sites, then visit Flippa.
Limited Content
At one time, people got their news and entertainment from printed newspapers and magazines, then the internet came along, and the industry had to rethink its business model. Instead of buying newspapers, people were getting their news for free online; a new strategy was needed.
Limited content was the answer; this means that readers can get access to some portion of the story, but they have to pay a subscription for the rest. If you have a strong following for your blog, you can use the same strategy to bring in an income; offer added value content for a premium.
Sell eBooks
If you’ve been blogging for some time, you probably have a large back catalog of blog posts that could be turned into some interesting eBooks; why not think about your core subjects and create some digital products that you can sell on your website or on e-commerce websites.
To write an e-book, you will need a subject that you know about or one that you are willing to research; you will also need an e-book outline with all the relevant chapters organized on it. After you have written your e-book, it’s time to create a cover with Canva and publish it online.
Sell Online Courses
As with eBooks, your blog posts can be transformed into an online course and sold on your website or on a third-party platform. Courses are an excellent way to earn a passive income because once the digital product is created, you only need to promote it now and again.
However, make sure the course you create is high-quality and offers real value to your audience; it’s the value of your content that makes it profitable. Create lessons and supporting materials for your course; you can also decide whether you want to include personal support.
Freelance Services
Blogging is a fantastic way to become an expert in your niche quickly; even if you only publish a post once a month, you have still needed to research a topic and write the feature; these are writing and researching skills that can be offered on a freelance basis – simply promote online.
Whether it’s on your personal website or a platform like Fiverr or Upwork, you can start a freelance business on the side using the skills you’ve developed as a blogger. Freelance writing is a full or part-time occupation, so you can use it to pay the bills or save for a summer vacation.
E-commerce Businesses
If you’re blogging a lot and earning money as an influencer or a product reviewer, it’s only a matter of time before you have the idea to create your own e-commerce store and start selling products directly. Luckily, your blogging skill once again comes in handy, this time for marketing.
Popular blogging platforms such as WordPress have an e-commerce plugin that you can use to add a store to your existing website, which means you already have an audience as well as ideas for your products. All you have to do now is market your products online with sales blogs.
T-Shirt Businesses
The latest internet craze is t-shirts; people love to wear t-shirts with nostalgic images updated or slogans of their favorite internet memes. A t-shirt business is another potential income stream and way of turning your website into a money machine. These businesses are easy to set up.
The business model for a t-shirt business is based around a print-on-demand service; these services allow customers to upload their t-shirt images to their website; they then print and ship the t-shirt, so all you have to do is set up the website and use your writing powers to sell them.
Final Thoughts
Whether you run a website or write a blog for fun or to support your business, there are many ways that you can monetize it and open up new income streams. In this article, we have covered twelve of them, but in reality, there are a lot more. If you want to boost your income, pay off debts, or save for the future, spend some time optimizing your website’s earning potential.
