While such advertising can often be an effective way of turning over a welcome bit of profit, it’s better to have multiple streams of income.
Advertising on your blog is far from guaranteed to make money anyway, particularly if your site does not have enough traffic.
Consider the following possibilities for monetising your blog in addition to advertising.
Sell Your Writing
With advancements in Google’s search engine algorithms, the importance of high-quality and original content is greater than ever.
If you ever hope to make money from your blog, you’ll need to provide interesting and unique content.
The better your content, the more people will be interested in reading it.
Many owners of larger blogs and websites, do not have time to provide enough content entirely by themselves. To overcome this challenge, they will often hire the services of freelance writers or go to online content markets.
If you are confident in your writing skills, you could always consider trying to sell your writing. You can have a page on your blog where you can advertise your writing skills, experience and display your costs.
Ask for Donations
You might wonder who’s going to donate money to support your website; as it happens, more people than you think.
It costs absolutely nothing to have a PayPal donation button on your website and it only takes a few minutes to implement one. This will allow visitors to donate money with just a few clicks.
Bear in mind that asking for donations is not always a good idea. However, for a hobby blog with loyal following, it is perfectly acceptable.
Offer Consultation Services
If you have a professional level of knowledge and experience in your area, you could offer consultation services through your website. Be aware, however, that this does require a high degree of professionalism and you do need to be an expert on the topic of your blog.
Once you get large amounts of traffic to your blog, particularly with a high percentage of regular visitors, you may want to consider selling customised merchandise.
The suitability of this does depend partly on the topic and style of your blog; many bloggers however have found success in selling products through their blogs.
There are various services which can help you with the entire process of designing and selling your own merchandise.
Write an E-Book
E-books are all the rage these days. Many bloggers have published e-books and made a considerable amount of money.
Consider your regular visitors for a moment. If you have regular visitors who visit your site on a regular basis, they’re probably very interested in your content and might consider paying a modest amount of money for an e-book on a similar subject.
For example, if you run a website dedicated to computer and software hints, tips and tweaks, a repeat visitor may be happy to pay for a 400-page e-book which elaborates further on the subject.
Now Over to You
How do you make money from your blog? Share your tips below…