Making money through blogging, at first, did sound like a myth, but as time passed, situations changed, and people started searching for new ways to earn money through every possible thing and method. Blogging is considered as one of the easiest ways to earn cash.
Whether you have a business blog, or a hobby blog, or any other blog, ways to monetize it are very easy. If you are new to blogging and want to earn through it or an existing blogger who wants to monetize her blog, here are a few ways that might help you catch the train of making money from blogging 2020.
Let’s get answers to your question of how to make money from blogging 2020.
- 1. What Is Paid Ads Really About? How Does Paid Ads Work?
- 2. How to Sell Private Ads? How do Private Ads Work?
- 3. What Is Affiliate Links Really About? How Does Affiliate Marketing Work?
- 4. Sell Your Own Products How Does this work?
- 5. Use your Blog as a Content Marketing Tool for your Business
- 6. Sell Memberships
1. What Is Paid Ads Really About? How Does Paid Ads Work?
Placing ads on your site is one of the most common ways through which you can make money from blogging. A blogger just needs to place ads on their website, and they would get paid for either every click on the ad or would be paid cumulatively for 1000 impressions.
There usually are two types of ads:
CPC/PPC Ads: CPC(Cost Per Click) ads are banners that you place in your content or sidebar. Whenever a reader would click on the ad, you get paid for that click.
CPM Ads-: CPM ads, also known as the cost per 1000 impressions, are ads for whom you earn a fixed amount of money depending upon how many people have viewed your ad. If a total of 1000 people click and view the ad, you would be paid the decided amount.
You can place these types of ads on your website through Google AdSense. Google AdSense is the most common and the most easiest way, without you having to worry about anything. You won’t be directly in contact with the advertisers, you would simply just place a banner space on your site, and Google will find ads relevant to your niche content and your viewers can thus click on the ads.
The earnings would depend on your deal with the advertiser. If you are using AdSense for it, Google will pay you $2 per 1000 impressions that is for CPM, and for CPCs, you can earn a sum of $0.25.
2. How to Sell Private Ads? How do Private Ads Work?
Working with various advertising networks isn’t the only option when it comes to selling ads. If you have amassed a considerable amount of traffic for your website, advertisers themselves may directly reach you and ask you to place their ads on your website. Or, you too, can directly contact them and talk about the deal. The biggest difference between the first method, i.e., the CPC and CPM ads and this one is that there is no middlemen involved in the deal which means that you can set your own ad rates; obviously, the rates have to be reasonable, you don’t want the advertiser to run away.
Selling of these private ads on your website can come in the form of banners, links, and buttons. You can also write a sponsored post on your website where you can write reviews about your advertisers’ products or services. You can get paid for these sponsored posts by the advertisers. Another option is that you can write an underwritten post or series. In this post, you can write about any topic you feel like writing about, and you would get paid by the advertiser for the “Brought to you by” mention in the content.
There are numerous ways to make money through this method, all of them distinct from one another. For instance, you can charge a one time fee for including a link within your post, and if you are hosting banners on your website, you can charge a monthly fee to the advertiser.
Your earnings would totally depend on how much you and the advertiser agree upon.
3. What Is Affiliate Links Really About? How Does Affiliate Marketing Work?
Affiliate Marketing, too, is one of the most popular ways to make money from blogging 2020. You add these affiliate links in your blogs and then get a decided commission for every product purchase through your link.
Affiliate marketing is very simple, and one of the easiest ways to monetize your blog. Explaining the method further, suppose an advertising company has a product to sell, and they agree on giving you a commission for each sale of the product if the buyer comes from your website. Now, how would they know which buyer is coming from your website and which is not? Well, for this reason, the company would give you a unique link, which will be created especially for you. This link will then help track your affiliate code. When a purchase is made from the link on your website, the company will know it as it would have your affiliate code in it. This way, you will get a commission for the purchase made from your affiliate link.
You can add these affiliate links on your site. You can do this by either directly including them in your content or through banner ads. Like this, if a buyer buys the product through your link, you get a percentage commission of the purchase.
You can utilize affiliate marketing via ad networks like amazon, but this would comparatively give you a less commission/percentage from the products sold from your affiliate link than what private partnerships would give you.
Well, approximately, if you have a bigger audience along with a good content, then you can earn up to $1000 a year. Though most of the time, the commission you get will depend on the price of the product and the percentage which both the parties agree upon.
4. Sell Your Own Products How Does this work?
When you are figuring out how to monetize your blog, it’s always important to consider what you are excited about( obviously not advertising other companies products on your website right?) Instead of asking other companies to pay you for advertising their products on your blog, you can create and sell your own products through your website. This is one way by which you can get more popular along with making money from blogging 2020 (a good sum).
You can create your own products, the products can be anything that you are interested in making, and the audience too has a demand for. If not physical products, you can sell digital products like e-books, online courses, videos, images, plugins, themes, and various such things.
Talking about selling these products, for example, if you are a chef along with a blogger, you can write and sell an e-book that may contain several of your recipes, tips on cooking, and various such things. You can sell images, videos, and music that others can make use of in their own content. Or can even have an app of yours. And how about having themes and plugins to sell? Well, the options are never-ending. You just need to choose your interest area, create a product, and sell it.
While making these products, always remember to add relevant content in them to make them useful for your readers. Know what they want, and don’t just assume things.
It totally depends on you about how much you want to charge for your products. But always remember to charge minimal and affordable rates on your products. If you charge more, then there are chances that the visitors may not show interest in your products.
5. Use your Blog as a Content Marketing Tool for your Business
In addition to the digital products, you can also sell physical products on your blog through your website. This is a popular way of making money from blogging. Instead of considering it as a method for making money from blogging, think of it as a marketing tool for your business. Content marketing, in today’s world, is the king of marketing and can bring you more leads than any other marketing method can. It drives more visitors to your business website.
The working of this method is simple. You simply need to write blogs on the products you are selling.
Now, what products can you sell? Well, the possibilities are endless; you can sell books using arbitrage (if not selling your own written books), various handmade products, manufactured products, and much more. Or you might already have a business of yours and can decide to start a blog for it to convert more loyal customers and leads to your website.
Now, what exactly will you do on your website? Suppose you sell electronics items on your website, you can write blogs on your products to attract visitors to your website. You can talk about the products you sell (product description), DIY about the products, articles on the benefits of electronics items, and various such things. On one level, it might seem counterintuitive because you want people to buy your products, but it will also help you build a brand and gain recognition for it.
Your earnings, again, would depend upon the rates you charge for the products. If successful, this method can make both your business and blogging a huge success. So, choose your products wisely, and don’t charge expensive rates, keep the rates minimal.
6. Sell Memberships
Out of various methods to make money from blogging 2020, one of them is to sell memberships. You can, for instance, sell memberships giving advice on various topics.
About selling memberships, you can add banners regarding them in the corner of your blog or can have a sign up for them. You can provide your users with career guidance, business start-up advice, and various such things. You can charge your users say, $10 for getting a subscription for the business start-up blogs where they can get personalized advice about the topic.
Now, the most important thing here is that your exclusive membership has to be more valuable than the content/advice your visitors may find on other websites for free. So be sure that you are developing something that gives value to the user and is worth the price.
If, suppose, you have three premium blogs for say, $10, and if 8 out of 10 people subscribe for the premium blogs per day, then, on an average, you can earn $80 per day and $2400 per month. This was just an example; you can charge your own rates for the premium blogs, but always remember that your blog should provide value to the users and shouldn’t be much expensive, so keep your rates affordable.
These were the answers to your question of how to make money from blogging 2020.
Making money through blogging 2020 can take a lot of persistence, but trust me, it will pay off well in the long run if you are starting from a scratch.
For new bloggers- You don’t need to use all of these methods at once. Consider what other people from your niche are doing and start from there. Over the time, you will learn what works for you and what doesn’t, and hence you can stick to one method, which would give you maximum revenue.
Existing bloggers might have tried a few ways to monetize your blog and so you might already have experience with which one will work the best for you.
All the best, making money through blogging