Let's dive into the topic of tools to make money blogging, a crucial aspect of building a successful blog. I will go over different monetization techniques and ways to diversify your sources of income. I have learned a lot by managing my blog, Myke Educate, for five years and growing it into a seven-figure business with a staff of seven. To help you develop more quickly, I am here to share those insights. Let us dissect the best ways to make money from your blog.
What Are the Best Tools to Make Money Blogging?
1. Ads
Usually, the first source of revenue that bloggers use is advertising. One of the simplest networks to join when you are first starting out is Google Ads. Even though the compensation may be little at first, it is a fantastic method to start making money off of your website as you strive for increased visitors.
Pinterest can be a game-changer when it comes to increasing page views. You can target premium ad networks like Mediavine, which demand 50,000 page views per month, when you have steady traffic. For the same amount of visitors, Mediavine may generate $200 per day, compared to $20 per day via Google Ads. The income increase is substantial.
2. Affiliate Income
Affiliate marketing is another excellent tool for making money blogging. This involves sharing links to products and earning commissions on purchases made through your links. Amazon Associates is one of the most popular affiliate programs, but there are plenty of others like Skimlinks and RewardStyle.
Keep in mind: only promote products you genuinely love. Readers can sense authenticity, and recommending trustworthy products will help you build a loyal audience.
3. Digital Products
Digital products are a fantastic way to generate passive income. Unlike physical products, which require inventory and shipping, digital goods like printables, eBooks, and online planners are easier to manage.
For example, my team offers digital blogging planners, which I wish I had when I started. They’re easy to create, update, and distribute while providing incredible value to customers.
4. Courses
Courses are a powerful tool for income generation and education. Many bloggers, myself included, have launched courses to share expertise. Hosting courses on platforms like Teachable allows you to create passive income streams and establish yourself as an authority in your niche.
Other Tools to Make Money Blogging
5. Sponsored Posts
Sponsored posts involve partnering with brands to promote their products. While this isn’t a major focus for my blog, it can be a lucrative income source. A well-designed media kit can help you negotiate fair rates and collaborate with brands that align with your values.
6. Social Media Monetization
Social media platforms are also evolving into monetization tools. TikTok’s Creator Fund, YouTube ads, and Instagram’s new features offer bloggers additional revenue streams. Though payouts may not be massive initially, it’s another avenue to explore.
7. Physical Products
Creating physical products is a more involved process but can be highly rewarding. From handling inventory to managing logistics, there’s more work upfront, but the potential earnings are worth it.
Building a blog into a profitable business takes time and strategic planning. By incorporating these tools to make money blogging, you can gradually scale your income. Remember to focus on one strategy at a time and master it before moving on to the next.
If you found this guide helpful, drop a comment below with your questions or suggestions for future topics.
