Monetizing your blog is not easy. You need solid content, an audience, and a business model. There is no one way to monetization, but here are some tips on monetization methods that I employ.
Affiliate Marketing
Every reader viewing your site is an opportunity for a chunk of change. If enough eyes are looking at your pages every day, there is no doubt a corporate entity who would love for you to send people their way.
What are affiliate links? Affiliate links are a uniquely tracked URLs provided to you by a company. They are a way of rewarding people who send new customers to a company.
The golden rule of affiliate marketing in blogs is not to sell to people, but to send people to a solution they were already looking for.
For example, if I were to make a blog post titled, “how to add wifi to Arduino”, readers of that post are probably looking for Arduino compatible WiFi modules. If I can strike up a deal with a vendor selling relevant WiFi modules, I can redirect the reader to the vendor and claim a finder’s fee.
Advertisements
I use Google Adsense, which provides me with advertisements related to the content I post. If enough users click the ads, I get some money.
Blog Post Monetization Checklist
For every blog post, I like to add the following.
- Google Adsense Advertisement
- Hyper-specific Amazon affiliate text+image link
- Affiliate link product placement
- Off-topic yet enticing Amazon affiliate text+image.. ex: tasty snacks you would want.
- Adfly download link (use when you are offering a downloadable file or unsponsored external link)