Blogging was introduced initially as a way for many people to share their thoughts online. However, clever marketers have discovered ways to monetize their own blogs and use it to take their business straight to their target audience. You can find thousands of tips and tricks on how to use blogs as an effective way to obtain streams of income but with so many misconceptions online, it can be quite difficult to weed out which ones works best for certain situations.
One of the most popular ways to generate profits via blogs is through affiliate marketing. This works when a marketer promotes an affiliate product using his blog or website, earning commissions through readers who made a purchase via the affiliate marketer’s blog. If you are planning to monetize your own blog, we have compiled some of the simplest yet most effective ways to turn your blog into a money making machine.
Create Your Own Information Products
One of the most lucrative ways to monetize your own website is to create your own information products and then sell them off online. There are various ways to do this. One, you can either buy and repackage existing content, compile your old blog posts, eBooks, newsletter, etc., and then sell them off to interested buyers or write your own or hire a writer to create the information product from scratch and then market it off on your site. The great thing about creating your own information products is that you get to keep 100% of the profits!
Feature a Series of Mini Courses
Creating a series of mini courses is one of the most effective ways to attract prospective buyers and readers alike. This also allows you to build your email list for future marketing and make profits off those who will subscribe to your courses. Making mini courses is not as complicated as you think; what’s more, it’s the perfect way to position yourself as an expert in your chosen field. However, make sure you keep things interesting throughout the duration of the courses by adding video clips, audios, printable copies of your products and even discounts every now and then.
Offer Product/Services Reviews
You can use your blog to write reviews about products or services that you know about and get others to buy them. Just make sure that the articles you write will reflect your actual knowledge of the product/services otherwise, you risk tarnishing your credibility. This means, you will test the products/services for yourself rather than relying on guesswork. Make your review even more engaging by adding images or a video clip.
The great thing about writing reviews is that you can get really creative with it. However, try not to be overly biased when it comes to writing a positive/negative review. Remember, you are not forcing people to buy the products. Ultimately, your readers will decide whether they will make a purchase or not so set a natural, tone complete with realistic account of the product you are reviewing.