Over the past decade, blog
monetization has gained momentum. What was once just a way of making money on
the side has now become a full-fledged profession, with various revenue
channels opening up. Here are few ways to make Money from Blog.
Google AdSense- Once you sign up for AdSense, you will be allotted
ads to place on your blog. After this, it’s a waiting game to see if your
account is approved. If it is, you can continue to receive ad placements and
earn a steady, if not large, income from it. AdSense pays on the basis of
clicks and views the ads receive. The two categories on offer are cost per
click (CPC) and cost per 1,000 impressions (CPM), and the ads are allotted
based on which category can earn more revenues for a particular blogger.
The CPC rate, for instance, can
range from Rs 2 to Rs 50, depending on the niche, content, use of keywords and
the traffic you receive. AdSense lets you choose where you want to place the
ads on your blog, and pays you when you accrue a certain amount from clicks or
views. It is a safe bet because you don’t have to screen the ads for quality or
compatibility with your content. Earnings can range from a few hundred to
several lakhs of rupees for different bloggers.
Affiliate Marketing- Using your blog to sell or promote another seller’s
product can be one of the most profitable avenues, if you can successfully
convert readers into buyers. One of the main advantages of this channel is that
you will not have to deal with production, shipping and customer care. However,
it also requires you to have an audience that trusts your judgment. It works
best for niche audiences, especially if you have a good degree of authority in
your domain, as well as great salesmanship.
You will earn a percentage of
profits made by the seller from the traffic redirected by you blog. You can
feature product reviews with relevant links, but too much plugging can annoy
readers. It is also important to find a good offer that is credible and
rewarding, and the best way to ensure this is to approach a network rather than
individual brands or sellers.
Product Sales- You can market your own product by featuring photos
and descriptions on your blog. You can either allow your audience to purchase
the items directly through your blog or redirect them to an e-commerce portal
that stocks them. You can also turn your blog into a membership site, where
readers can subscribe to receive personalized services. For instance, if you
specialize in handling fiancés, you can allow your audience to sign up to
receive specific financial advice tailored to their needs.
Sponsorship- If your blog already attracts a significant amount of
traffic, you could choose to enlist blog sponsors. Sponsorship includes selling
ad space on your blog to merchants, which offers a more stable source of
income. You can charge for hosting banner ads, button or links on either a
one-time or a monthly basis. Ads can pay Rs 2000-15000 a month for a 2x2 space,
depending on your niche and readership.
Sponsored content which blend
seamlessly into your blog prevailing tone and theme can also add to your
earnings. The best bet for bloggers who want to monetize is to reach out to
companies or wait to be approached. Promotional posts for events or reviews can
fetch you anywhere between Rs 3000 and Rs 20000, depending on the sponsor and
your popularity. You can also be paid in merchandise or services, if you’re
open to the idea.
Ways to find your Niche- If you are looking to start
blogging; here are a few things to keep in mind when choosing your niche. Being
passionate about your subject matter is crucial to creating good content.
Choose a topic you love to write about it, to set yourself apart and to hold
the interest of your audience. Being fond of a subject is not enough. You need
to evaluate whether you have enough specialization to offer valuable content to
your readers.
Like any business venture, blog
monetization can only be successful if you offer something that is not easily
available elsewhere. Find a gap in the content market and plug it. You must
ensure that your blog is one of the top results offered by search engines when
people start looking into your niche. Use SEO techniques to help your content
show up in search results. For AdSense, use the Google Keyword Planner to find
out which keywords rank higher, and try to choose a niche that corresponds with
them. This will ultimately yield better revenues.
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