Monetizing Your Blog: 5 Actionable Steps to Start Earning

Right, so you have now established your blog, gained some traffic and now you may be asking yourself “How can I earn money from this?” You are in luck! In this blog, I will outline five steps that will help you monetize your blog and offer some guidance on how to get started.

Monetizing Your Blog

1. Affiliate Marketing

Affiliate Marketing allows you to earn a commission-based income by promoting products or services through referral links that you can strategically place on your blog post.

  • Where/How to Get Started: Join affiliate programs such as Amazon Associates, ShareASale, or CJ Affiliate. Once you’ve signed up, you can create content around product reviews, tutorials, or recommendations that seamlessly integrate these affiliate links.
  • Pro Tip: Only promote what you genuinely believe in because authenticity matters! Choose products or services that will boom with your readers and your niche while maintaining your credibility.

2. Sponsored Content

This could be a blog post, video or even a social media shoutout. Brands are constantly seeking out bloggers to create sponsored content that promotes their products or services.

  • Where/How to Get Started: Reach out to relevant brands, or sign up on platforms like IZEA, AspireIQ, or TapInfluence to connect with companies looking for influencers. Pitch your blog as a valuable marketing tool for them.
  • Pro Tip: Be sure to always disclose sponsored content to maintain transparency with your readers as well as comply with guidelines.

3. Display Ads

Monetizing your blog traffic is simply achieved by displaying ads. You can start earning revenue from ad impressions and clicks using platforms such as Google AdSense.

  • Where/How to Get Started: Apply for Google AdSense or explore alternative platforms like Media.net or Ezoic. Once accepted, you can start displaying ads in various places on your blog.

Pro Tip: Bare user experience in mind. Aim for a balance between monetization and maintaining a clean, enjoyable site. Too many ads can overwhelm your readers.

4. Selling Digital Products

You can package your knowledge or expertise in a particular field into digital products like eBooks, online courses, or downloadable resources and sell them directly to your audience.

  • Where/How to Get Started: Platforms like Gumroad, Teachable, and Etsy make it easy to create and sell digital products. Focus on producing something of value that addresses your audience’s pain points.
  • Pro Tip: Start by building trust with your audience by offering a free downloadable guide or resource before introducing paid products.

5. Membership or Subscription

Offer your readers exclusive content in exchange for a subscription fee. This content could be anything from behind-the-scenes updates, detailed tutorials or one-on-one advisory sessions.

  • Where/How to Get Started: Use platforms like Patreon, Buy Me a Coffee, or WordPress membership plugins to offer a subscription model. Your most loyal readers will appreciate the chance to support your work while accessing premium content.
  • Pro Tip: Make sure that your paid content offers real value and exclusive insights that can’t be found in your free material.

Ready to Start Monetizing Your Blog?

These five steps will guide you toward monetizing your blog effectively whether you are just starting or looking to increase your income. Consistency and providing value to your readers is key while implementing these strategies.

Reach out to us using the services form on our services page or the Contact Us page if you need us to craft content that drives traffic and boosts conversions.  Or you could simply email us at services@mythicskull.com to find out about our packages we have to offer and we will be happy to assist!