Top 15 Blog Monetization Strategies That Will Make You Rich In 2024
In the last few years, the term makes money online has been severely abused. In the name of fooling people online, corrupt individuals have been pushing for strategies that do not work. While the digital offers tons of ways that help normal individuals earn it is essential to know the correct ways. If you want to earn through the blog and want to make your own money then you have to follow some blog monetization strategies.
A lot of us are now more aware of the ways and means through which online platforms work. New career options like being social media influencers or blogging have become profitable channels for millions. However, every time we read a success story or see one, the first question that comes to our mind is- can we do the same?
In this resource piece, we will try to understand how normal individuals can run a profitable blog. In other words.
We Are Going To List Down The Topics Below We Are Going To Cover:
- Starting and operating a blog.
- Markers that determine the performance of your blog.
- Strategies that can help improve your blog’s performance.
- Top 10 Blog Monetization strategies you should try.
- The Final Word.
If you are someone who is looking for an easy, effective, and safe way to monetize your blog, read till the end of the article.
Starting And Operating A Blog: How Easy It Is
Not too long ago, starting a blogging website would have cost you an arm and a leg. Agencies were charging thousands of dollars to set up a simple blog. However, WordPress, the open-source platform revered by most bloggers has made it incredibly easy.
You Have Two Easy Options In Front Of You
- You can either do your research, spend some time and get a free or paid theme on WordPress. This needs to be done after a careful understanding of optimizations, using the dashboard, and figuring out how everything works. Or,
- You can an agency a few hundred dollars to get the setup done within a week! This will help you save time, energy, and effort. This will help you get your monetized faster. Both ways have their own pros and cons.
Amateur bloggers can identify a niche that they are interested in and start a blog. They need to create categories and content pieces around the niche to attract traffic. Technically, pro bloggers use advanced SEO and Content Marketing tools. Ahrefs, Moz, and SEMrush help in showing keyword search volumes and doing topic research.
However, the important thing is to create high-quality content that is original, informative, and detailed. This will help search engines like Google rank your content on search rankings. Ultimately, this will help in driving traffic to your blog page and improve its metrics.
The Following Are Some Steps That We Have Outlined That Will Help You Starting A Blog-
Step 1– Select your Blog Name, buy a domain and identify the niche where you want to operate. This is laying down the initial foundation of your blog
Step 2– Use a hosting platform like GoDaddy or BigRock to host your blog. This can also be done when you buy the domain from the same platforms.
Step 3– Buy a Paid WordPress Theme or choose a Free One to design the blog. Attractive, proper layouts and great colour schemes are areas you should focus on.
Step 4– Start creating content according to the categories in the niche you have identified. Long format content (1500+ words) works better for SEO purposes.
Step 5– Start sharing your blog and its articles by creating social media pages. You can also divert traffic by answering questions on Quora and linking your blog piece.
Step 6– Explore monetization options after your blog has started to get traction in terms of traffic and metrics (DA, DR, Spam Score, etc.). You can list on Blog Management at this stage.
Markers That Determine The Performance Of Your Blog
In this section, we are going to look at the markers advertisers rely on to assess and analyze your blog’s performance. Aspiring and amateur bloggers need to understand that they need to work on their digital real estate before they can start exploring monetization options.
5 Important Areas That Are Considered By Advertisers
The Following Are Some Areas That Are Considered By Advertisers Before They Reach Out To Your Blog With Paid Proposals-
1. Traffic
The first thing that is looked at is the traffic on your website. If your blog website has a traffic of over 1K, you can start exploring monetization options. Remember, the higher the traffic better the prices you would be able to command. This is true for almost all monetization options. You need to generate traffic from SEO, social media, and Question And Answer platforms.
2. Metrics
Secondly, advertisers look to evaluate the quality of your website by paying attention to metrics. Domain Authority (Moz), Page Rank (Google), Domain Rating (Ahrefs), and Spam Score are key metrics. They are rated between 0-100. Everything except the Spam Score needs to be at the higher end. Spam Score needs to be at its lowest, >5.
3. Indexed Pages
This is one area that most bloggers need to understand. Advertisers look for blogs that have a high number of indexed pages. This means every piece of content you publish will help you get an indexed page. The higher the number of indexed pages, the more credible and reputable is your blog. Typically, you can start expecting guest posting orders at 100+ indexed pages.
4. Domain Name, Age, And Clarity
If your domain name is clear, simple, precise, and can be pronounced easily, you have a winner on your hands. If it is related to the blogging niche, it is all the better. The age of the domain also matters in showing Google that you have been here for a long time, and do not plan to leave. Take domain names that are simple, direct, and do not have dashes in them.
5. Content Breadth And Expertise
There are millions of poor-quality articles that are crowding the digital space. Google prioritizes content that is detailed, informative, and educative. This is why advertisers too look for blogs that are authority ones. Ensure that you are creating content that has sufficient breadth. This will allow you to attract the attention of big advertisers who can afford sponsored posts.
Strategies That Can Help Improve Your Blog’s Performance
Based on the performance markers that have been listed in the last section, we have compiled a list of strategies that can help you improve your blog’s metrics. Following them will help elevate your blog from an amateur one to a pro.
1. Creating Long Format, Detailed And Informative Content Using Keywords
You need to remember that you are writing not only for your users but also for the algorithms of search engines. This is why content needs to be injected with the proper keywords that users are already looking for. Long format content that is above 1500+ words is considered trustworthy and authentic by search engines. Aim for content breadth at all times.
2. Follow An Active Publishing Schedule On Your Blog
Search engines like websites that are active and engaging. If you are publishing a piece of content every day for a specified period, it will help your indexing. It will also allow your regular subscribers to tune in to the blog, once they know that you follow a routine for publishing new content. The more active you are, the better it will be for your performance.
3. Market And Promote Your Blog On Social Media Pages
You need to spread the word about your blog so that more people can visit it. A good way to do the same would be to share links on social media pages. You can share a small gist and then request people to visit the blog if they are interested in reading about the entire story/article. The more traffic you are able to divert from social media, the better it will be for the blog.
4. Create An Email Marketing List And Newsletters For The Blog
A blogger needs to look at providing as much value to the readers as possible. If your content is good, interested individuals will sign up for your newsletter. Every time you publish a new blog, you can shoot off a newsletter. If your audiences find it interesting, they will click on the same and come to your blog site. This will help promote traffic and spread the word.
5. Use SEO Tools For Optimizations On The Blog
Lastly, if you are smart, you will be using SEO tools that can help you with data and information. These tools, if used in the right way can prove to be an invaluable asset that can help grow your blog. Everything from keyword research to backlinks strategy can be understood by using the tools. You also have to focus on On-Page SEO best practices.
Top 15 Blog Monetization Strategies You Should Try
We have added this section after the previous sections, simply to let you know that this cannot be done unless you do the above. This is where the problem lies. Everyone keeps saying that monetization is easy. However, with increasing competition, monetization is always possible but requires you to put in some amount of work on your blog.
Let us now look at the Top 10 Blog Monetization Strategies you should try.
1. Listing It On Blog Management
Blog Management is a platform that helps bloggers list their blogs on the database. Bloggers can expect publishing orders from Blog Management if their price is decent. Data shows that pro bloggers earn anywhere between $2000-$2500 per month. Amateur bloggers earn between $1000-$1500 per month). If you want to list your blog, click here.
2. Accepting Guest Posting Orders
Agencies and brands that are looking to optimize their link building are always looking to explore paid guest posting. If you have a niche site with decent metrics, you will start getting queries. However, it is always better to work with a platform like Blog Management that optimizes quality content and works with reputed advertisers.
3. Selling Banner Spaces On Your Blog
If you are operating in a niche, you can always sell banner spaces directly. However, this can only be done if you have a high-performing website with great metrics and traffic. Brands will approach you if you have a high-performance blog. You can rent out banner spaces for a month for a fixed charge. This is something that pro bloggers do on a regular basis.
4. Enable Google AdSense On The Blog
Search engines like Google, Bing, and others are always looking for credible websites where they can start showing related ads. A high-performing website with great traffic and metrics can be the perfect way to help improve and increase your AdSense earnings. This can be a profitable source of revenue. However, in recent years, Google has reduced payouts.
5. Sign up As An Affiliate And Run Programs On The Blog
For example, if you love technology and want your blog to be all about reviewing the latest tech products, you can run an affiliate program. Platforms like Amazon, Wal-Mart, eBay, and others have affiliate programs. Every time someone clicks on your blog site goes to Amazon, and buys something, you earn a cool affiliate commission.
6. Paid Collaborations And Branded Partnerships
Successful blogs directly attract the attention of brands. If you are running a blog on parenting that has a traffic of 100K, you will see brands reaching out to you in the niche. They will ask you to promote their products, review them, or simply add a banner. All this takes place when your blog starts moving from an amateur to a pro-level. This is handsome money.
7. Start Offering Content Writing Services
If you have been able to establish a blog that is attracting decent traffic and metrics, you can start offering content writing services to brands and agencies. You can also do so after you have gained decent experience in writing original, informative, and SEO-friendly content. This can again open up a decent revenue stream. You can charge based on your experience.
8. Creating E-Books Of Your Content Pieces
Right through the article, we have been talking about the breadth of the content. What if you feel that you are in the most detailed and informative category of articles on a niche? Simple, you can convert it into an E-Book and sell it. You are already using the content you have created. This is an effective way how pro bloggers to get into Podcasting, E-Books, and Webinars.
9. Exploring Video Marketing On YouTube
Experienced bloggers have been able to make a seamless transition to video marketing. If you are confident about the text content you are creating, all you need to do is start a YouTube channel and get into video marketing the same content. This will help you open up a massive stream of revenue. It will also help divert traffic between the blog and the channel.
10. Podcast And Webinar Sponsorship
Every blogger needs to aim to become an authority in his or her niche. This will help them explore much newer models of monetization like podcasts and webinars. Sponsored podcasts and webinars can help bloggers elevate themselves to the next level in terms of branding, visibility, and earnings. However, this can only happen when you have established yourself.
11. Sell Your Products
One effective way to sell your product is by utilizing your blog. The key, however, is to create and publish product-led content. This type of content should be able to showcase the benefits and features of your product in a subtle and engaging way.
To do it correctly, you need to identify the target audience who is most likely to purchase your product. Then, create content that addresses their needs, interests, and pain points while highlighting how your product can help solve their problems.
In this way. you can attract potential customers to your blog, build their trust, and ultimately drive sales.
12. Get Locals Through Your Door
As a small business owner running a blog, your goal is to attract more customers to your physical store. However, achieving online visibility and promoting your business is no easy feat.
You must carefully select relevant keywords, refine your product/service offerings, and precisely target your advertisements to reach your target audience.
It’s essential to prominently display your business address and contact information in the header and footer of your website.
Additionally, you can leverage the power of Google My Business to stand out in local search results and attract potential customers in your area.
13. Showcase Your Skills And Earn
If you possess skills in photography, graphic design, or event planning (or anything else), then you can showcase your talent and expertise through your blog.
It’s important to ensure that your services are relevant to your blog’s niche, as it helps attract the right audience.
By flaunting your skills, you can establish your brand and attract potential clients who are eager to work with you. So, go ahead and leverage your blog to connect with clients who are looking for your services.
14. Share Gated Content
Feel the rhythm of your blog’s traffic? It’s time to cash in. Introduce gated content that reflects exclusively.
Gated content is only available after you share your contact details with the blog. To be precise, most of the blogs make this content available to their paid members.
For WordPress users, plugins like Membership & Content Restriction by Cozmoslabs make creating and monetizing exclusive content a breeze. So, ensure that you are sharing content that solves a specific problem.
15. Accept Link Selling Orders
Now, tread lightly into the grey zone. Selling links within your posts can be profitable, but it’s a dance with Google’s rules.
The golden rule? No cramming links; each link must add value for your readers. Don’t risk Google’s ire by overloading a post with links. Prioritize the reader experience, and you’ll navigate this gray area smoothly.
The Final Analysis
If you think that blogging is an easy way to make money online, think again. On the other hand, if you want to explore a credible opportunity to make decent levels of money online, this is the best one out there. Others like network marketing, or investing in crypto are too complex and complicated.
Having a blog helps you with complete ownership of your digital real estate. Every blogger, be it a pro or an amateur, needs to focus on working and establishing credible partnerships. Additionally, they also need to keep track of the performance of their blog.
If you have any other questions on any of the points mentioned in the article, let us know in the comments below. We will try to help you improve your performance and monetize your blog convincingly.
Read Also: