Monetize Your Blog Content
When you think of how to make money blogging, advertising is often the first thing that comes to mind.
Yes, it is possible to make money with ads on WordPress, but there are also other ways you can monetize your blog content. Here are a few methods that work:
If you do not know how to create a blog, go through this article to learn how.
1. Make Money with Affiliate Marketing
Making money online using affiliate marketing
Affiliate marketing is when you recommend a product or service to your audience using special tracking links, and then get a referral commission for every time someone buys after clicking your link.
A real-life example of affiliate marketing would be when you help a friend open a bank account at your bank branch. Usually, they give you a gift card or a bonus of some sort.
Similar to that many products and services online have affiliate programs that you can join. There are affiliate programs available for every industry (niche).
If you’re interested in getting started with affiliate marketing, you can start by thinking about the products you already use that your readers may be interested in as well. Then you can see if they have an affiliate program that you can sign up for.
You can find a huge list of products to promote from:
Once you have selected the products to promote, then you can use a WordPress plugin like PrettyLinks to manage your affiliate links.
It allows you to quickly insert links into posts, create branded links, auto-replace keywords into links, and even see how each link is performing on your site.
Affiliate marketing is the easiest way to make money because you can promote a wide-variety of products. Just about every popular store like Walmart, BestBuy, Amazon, and others have an affiliate program.
2. Display Google AdSense on WordPress
Google Adsense is an easy way to make money from your blog. All you need to do is add a script from Google to your website and start displaying ads.
You will get paid for every time a user clicks on the ad. These are called CPC ads.
What is CPC? CPC stands for “cost per click.” By displaying CPC ads with Google Adsense, you receive a set fee every time a visitor clicks on an ad.
The cost per click is set by the advertiser. (This is in contrast to CPM ads, where you’re paid for ad views instead of clicks. CPM means “cost per thousand impressions,” where M is the roman numeral for 1,000.)
Google Adsense is a good way to start earning money online when you are first starting out.
Looking for a Google AdSense alternative? Try Media.net. They also have a large pool of advertisers, and their payouts are good.
3. Use a WordPress Advertising Plugin to Sell Ads Directly
Google AdSense is easy to set up, but the amount of money you can earn is limited. Each ad click earning will vary.
Directly selling banner ad space on your website can be more lucrative. Instead of having to rely on an intermediary who takes a cut of the money, you negotiate the price and terms on your own.
Above we mentioned the difference between CPC and CPM ads, where you are paid per click or per thousand views. While you could use one of those models for selling banner ads, most bloggers charge a flat rate instead. Charging a flat rate is easier than keeping track of views or clicks.
Still, directly selling ads takes more work to manage than using Google AdSense. Instead of just adding a bit of code to your website, you’ll have to negotiate the pricing, come up with an agreement and terms, and take care of administrative work like invoicing.
However, using a WordPress ad management plugin can make the process easier. We recommend using AdSanity, it allows you to manage Google AdSense as well as your own ads.
4. Sell Sponsored Blog Posts
Some bloggers aren’t interested in displaying ads to their audience and wonder how to monetize a blog without ads.
With ad networks, you lose some control over the content displayed on your site. Some readers will get annoyed or offended by ads, and more and more people are using ad blockers which affects your earning potential.
An alternative way to monetize a blog is through sponsorships.
A sponsorship works just like it does in sports, TV shows, or other industries. Basically, a company pays you to represent their product, talk about it, and promote it to your readers.
To get started, it’s a good idea to put together a one-page media kit that details your traffic stats, social media following, audience demographics, and any other data that will make your site more appealing to advertisers. Then, you can approach companies to negotiate a sponsorship deal.
When publishing sponsored posts, it’s crucial to know about the laws in your area about disclosure.
For example, in the United States, a blogger who publishes a sponsored post must comply with the FTC’s Endorsement Guides. This includes disclosing whenever a post is sponsored. You can do that by adding a sponsored post prefix to your post title in WordPress.
5. Get Paid to Write Reviews
Similar to sponsored posts, you can also make money by writing paid reviews on your site.
This is a slightly different monetization method than a review site with affiliate links, as mentioned above.
Instead, you get to try out products related to your niche for free, and even get paid for writing a review.
The process for doing this can be similar to getting sponsored posts. You’ll want to review products that are relevant to your niche, that your audience would be interested in.
You can approach companies on your own to ask about doing paid reviews. There are also websites like PayPerPost that can help to connect you with businesses who may be interested.
6. Earn Money Online by Flipping Websites
If you know how to build a WordPress website, then you’re way ahead of most people. Sometimes entrepreneurs like to buy already established websites that they can use for their own businesses.
If you can build a WordPress blog and start getting traffic to it, then you can sell it and make money for your efforts.
This requires knowing the type of websites in demand, and how to price and sell them. There are websites like Flippa that serve as auction sites and brokers for selling websites.
7. Get Public Speaking Gigs as an Influencer
Become a public speaker
If you are promoting your own brand along with your blog, then over time you will get a decent following establishing you as an influencer in your space.
You can utilize this recognition to get some public speaking jobs. Many bloggers make a lot of money by speaking at conferences.
Speaking at events whether you are paid or not helps you promote your blog and your personal brand. If you are good at networking and public speaking, then you would be able to find lots of new opportunities on the way.
Here are some general tips you need to keep in mind if you want to make money as a paid public speaker.
Be an expert in your field. If you don’t have enough knowledge/skills at the moment, then start learning right away.
Be consistent – You need to continuously promote your expertise on the topic through your blogging and social media activities.
Let people know that you are available. You can announce on social media or privately reach out to event organizers.
You may not find paid public speaking gigs right away. Many successful speakers start their public speaking career from smaller, more casual, and free community events and meetups.
If you are looking forward to exploring any of these options as you think of making money with blogging in Nigeria, Go ahead and book a call with us.