How To Monetize Your Blog In 5 Steps

Blogging is more popular now than it has ever been. There is a lot to enjoy whether you are a reader looking for information and entertainment or a blogger seeking to share your knowledge, ideas and opinions. However, blogs are not just platforms on which to share ideas. If you know what to do, you can easily turn your blog into a cash cow. Some people have mastered the skills and actually earn an impressive living from blogging. So how do they do it? And how can you do it?

5 Foolproof Tips

Step #1- Set up a great blog

You cannot make money from a blog if you don’t have one thus setting up is the first and most important step. It is important to understand that not just any plain old black on white blog will suffice. Instead, go for a design that is unique and infused with your character. If you want a blog hosting that will make you money, you might have to invest in a custom designed layout. These appear a whole lot more interesting than the basic template-layout blogs available on the internet and will get you the attention you need to get started.

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Step #2- Get and keep people interested

After setting up your eye-catching blog, you need to fill it with content that will get people interested and keep them coming back for more. One way to do this is by picking a topic and sticking to it. You can settle on anything from sports and fashion to food and travel. The trick is to pick something you are actually interested in. This works as it gets you loyal readers interested in the same things you are. The second way to get readers interested is by focusing on current issues such as political updates and disaster reports. This opens your blog up to a wider reader pool. However, loyalty is not assured as the interests are not shared.

Step #3- Affiliate marketing and selling ads

Once you establish stable readership flow through your blog, the next step is to make the money. Bloggers can make money in very many different ways but selling ads and affiliated marketing are the two most common methods. Selling ad space is where you allow other businesses to post ads on your blog posts. Payment here is usually on a per click basis. This means that every time a reader clicks on the ad, you get a certain amount of money. Affiliated marketing on the other hand is where you use your blog to directly advertise certain products or online shopping platforms. You can do this by directly endorsing the product through reviews or by linking to the affiliated sites.

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Step#4- Increase traffic to your site

In order to make money from the ads and marketing, there needs to be impressive traffic through your site. The best way to do this is to post relevant and captivating content on a regular basis. Reliability keeps your clients consistently coming back for more. This increases chances of seeing and clicking on ads or links to affiliate sites leading to increased income. You can also increase traffic by marketing your blog using social media. Having a link from your account profile allows your friends and other people to directly access the blog.

Step #5-Analyze metrics and other important statistical data

After all is said and done, the success of blogging as a money making venture depends on how well you learn from your strengths and mistakes. Analyzing data is the best way to do this. The important metrics include number of views on your blog posts, clicks on ads placed on your posts and number of likes and shares. Careful analysis of these and reader feedback will help you identify and rectify mistakes for a more successful blog.

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