You’ve thought about starting a blog…
Heck, maybe you’ve even started one.
But you’re not making any money from it. You don’t know how. You’ve probably heard that ads are the best way to monetize your blog, so you tried that once but didn’t make a penny.
Still, you can’t help but look at other bloggers who’re making a killing from their blog…
How are they doing it?
That’s what I’m going to show you – 5 of the most common (and effective) ways to monetize a blog and make upwards of $1,000 per month.
1. Offer Coaching Services for $50/hour+
If you’re like most people, the first thing that comes to mind when you hear “Coaching” is…
“What would I coach about?”
Well, whatever you’re good at, of course. 😉
Seriously, though. You can coach about practically anything. Think of something that you struggled with in the past, something that you have overcome (at least partially). Maybe it’s writing great fiction, maybe it’s public speaking, or maybe it’s
Coaching people through a divorce…
You get the point. If it’s something that you’re interested in learning, then there’s an audience who’ll probably pay you to learn it, too – and $50/hour is a bargain.
2. Create an Online Course and Sell It for $500+
I LOVE online courses – I’ve bought 3 just this year. Two of them were $500 each and the other was $1,000. One was about making money through real estate, one was about selling on Amazon, and the last was about creating and monetizing a blog (go figure 😀 ).
The easiest way to create your own course is to record the videos on your computer and then send those videos (in the right order and with cliff-notes) to people who buy.
However, if you have a bit more budget, you can use Teachable, which is a wonderful piece of software that gives you a place to create, host, and sell your online course.
But what kind of course should you create?
Look at #1 for ideas – cause it could literally be about anything.
3. Promote Affiliate Product at 10% to 20% Commission
Becoming an affiliate is one of those things that most bloggers crave, but don’t really know how to do…
How do you build affiliate relationships? And how do you sell those products and ensure you get paid?
It all seems a lot more time-consuming than it’s worth. Except that building affiliate relationships and getting paid is actually quite easy. Check out ClickBank to find products to promote to promote to your readers.
4. Write and Sell your Own Book for $20+
Writing, publishing, and selling your very own book is easier than it’s ever been before. With $250, I published this book – that is a satirical observation of the millennial generation (Teddy Bacon was my pen name 😀 ).
And I could have done it for free if I hadn’t paid an editor and a graphic designer to give me a hand. Point is, you could write your book today and publish it tomorrow, using Amazon’s CreateSpace platform (assuming you’re a fast writer 😉 ).
And while you can’t charge as much money for a book as you can for a course or coaching, you might be able to sell more of them with that low price-point and make your way to $1,000 per month.
Heck – what have you got to lose?
5. Piggyback a Freelance Business at $50/hour+
Since you’re creating a blog, you’ll probably want to choose a specific topic or niché for that blog. If the niché is a topic that translates well to the freelance world (like writing, photography, or web design) then consider using your blog as a platform to find and convert prospects into high-paying clients.
If you really wanna jump on the freelance bandwagon, you can learn more about doing that over here.
Here’s the truth: making money from your blog is one part consistency, one part clarity on your topic, and one part using the right money-making strategies.
If you throw some ads up and try to make money, you’re probably not going to see a whole lot of promising results.
However, if you use one (or several) of the 5 proven strategies above, then all you need is some consistency and clarity.
Annnddd someone to answer your questions in the comments. Let me know what ya got! 🙂