Have you ever wondered how to monetize your blog?
If you want to actually start making a profit from your hobby blog, keep reading… I’m going to give you the insider scoop.
Every blogger has a slightly different revenue mix, depending on what monetization strategies they choose to put in place.
Most successful bloggers will diversify their revenue streams, so that there is money coming in from a variety of sources. It’s a safer bet that way, rather than putting all of your eggs in one basket.
There are 4 main streams of income for bloggers:
- Display advertising,
- Sponsored work,
- Affiliate marketing, and
- Selling products and services.
Here are 24 ways that bloggers can monetize:
STREAM 1: DISPLAY ADS
1 // Display ads through a network
Sell advertising space on your blog through an advertising agency. The network or agency acts as the middle man between you, the blogger, and the brand. Most popular ad network? Google Adsense.
I personally work with MediaVine and LOVE them.
2 // Privately sold display ads
Sell advertising space on your blog directly to a company or brand. More work for the blogger as they need to find those companies and manage the relationship, but the income generated is typically higher than with a network as the blogger gets 100% of the profit.
STREAM 2: SPONSORED WORK
3 // Sponsored blog post
A sponsored post is when you write a blog post that reviews a company or a particular product. You are highlighting that product to your readers and including product photography and a link to purchase or learn more.
4 // Sponsored social media post or campaign
Similar to writing a sponsored blog post, but on social media instead. This could be a sponsored instagram post or instagram series, facebook campaign, etc. where you are highlight a company and its product(s).
Sponsored work in general can really vary from collaboration to collaboration. Packages could include a blog post + social media outreach, or different combinations of work. You may get sponsored work through an ad agency if you work with one, or can pitch brands yourself and develop relationships and collaborations with them.
STREAM 3: AFFILIATE MARKETING
5 // Affiliate product links:
Incorporating affiliate links within your blog so that when a reader clicks that link and purchases the item, you receive a commission. Commission levels vary from around 2-10% for a physical product to up to 50% for a digital product like an eBook or eCourse.
For example, having a “shop your house” section like Chris loves Julia has, would be a great spot to embed affiliate links.
Check out this post for 11 Affiliate Marketing Networks you should join, and this post on how to create a strong affiliate marketing strategy.
STREAM 4: SELLING YOUR OWN PRODUCTS + SERVICES
This is the secret sauce to building a blog biz and really making money. You aren’t selling anybody else’s products – you are selling your very own. Yes, this stream is going to take more work, but the potential for major revenue is so much greater.
This is really where you are turning your blog into a brand and thriving business.
There are loads of potential product and service ideas….
6 // Freelance writing
Write blog posts for other brands and companies or articles for design magazines and other publications.
7 // Brand social media management
Freelance as a social media consultant and manage facebook / twitter / pinterest / instagram / etc accounts for other companies and brands. You have become a social media expert with you own blogging biz and many others would love to have your insight!
8 // Brand campaign creative management
Run creative campaigns for other brands and companies. Use your talents and network as a blogger to run a campaign that uses blogger outreach, social media outreach, etc.
9 // eBook
Write an eBook from scratch or re-purpose some of your existing content into an eBook. Sell on your blog and/or through avenues like Amazon.
10 // Create an Online course
Develop an online course that addresses some of the most popular questions you get asked as a blogger. It’s important to think about your target market and be sure you develop something that they need the answer(s) to. Your course could take a number of forms and include workbooks, written content, videos, etc. What do you teach on your blog already? Sewing? Decorating? Hand-lettering? A software? Turn it into a course.
11 // Host a Paid Webinar
Paid webinars where you offer your expertise in a 1-2 hour session.
12 // Printables
Create printables like worksheets, organizational tools, event printables, and others and sell either on your website or using a selling platform like Etsy (use this link to get your first 40 listings on Etsy free!).
13 // Digital artwork
If you are familiar with graphic design, you could sell digital art prints on your website or using a selling platform like Etsy. These are direct downloads so the consumer buys the JPG or PDF version and prints at home.
I used to do this in my own Etsy shop.
14 // Photography
If you have become an amazing photographer, you can sell your photography (directly on your blog, through Etsy, or another external platform). Sell as prints or as digital downloads.
You can also sell photography to be used as stock photography for other business owners (this is HUGE right now!).
15 // Handmade goods
If you are a DIY and design blogger, you likely make amazing handmade goods. Ever thought of selling any of them? Opening up an Etsy shop or selling directly on your site can be an amazing way for readers to get a little piece of your creations!
16 // Interior design e-services
Your readers probably love your style (that’s why they keep coming back to your blog!). Offering e-design services allows them the opportunity to hire you to help them with their pressing design needs. Usually the product delivered is a moodboard and a design plan with layouts and links to purchase products.
17 // Virtual assistant services
As a blogger you have developed a bunch of very sought after skills, like writing, editing, social media knowledge, graphic design, and more. These are super valuable and you can market yourself as a Virtual Assistant (VA) for other bloggers.
18 // Web design
Have you become a web design rockstar? Market website design as your new service for clients, or create wordpress/blogger templates and sell those.
19 // Sell graphics, fonts and/or clip art
If you create amazing graphics or fonts for your blog, try selling them through Creative Market, Etsy, or other platforms out there. There is a big marketplace out there for that.
20 // Sewing patterns
Do you blog about sewing? If so, start selling your patterns! I bet your readers will snap ’em up.
21 // 3rd party fulfillment products
There are so many more options these days for selling physical products where another company handles the fulfillment so you don’t have to buy and store a bunch of inventory (and handle shipping!). You do the original designs, and then they take over: printing on tee-shirts, mugs, posters, tote bags, whatever. Check out Society6, Zazzle, and other websites to compare pricing and products. This is a really great option for selling physical products but in a passive way.
Kate from Centsational Girl sells photography and styling services, in addition to a fabric lines through Spoonflower, and other products through Zazzle. That is some stellar diversity!
22 // Subscription newsletter
Offering something super valuable in a weekly newsletter? Lessons or downloadable content? Then turn that into a paid subscription.
23 // Membership community
Create a member login area to your website where you share valuable content for your readers. These are usually offered as monthly subscriptions where you promise to upload a certain number of new documents / content each month for your users.
24 // Public speaking
There are lots of conferences and training events all over the place that are constantly looking for outgoing folks to speak about their experience and knowledge. Market yourself as an expert within your niche and/or as an expert in blogging. This can be a great way of getting introduced to new audiences, too!
The Bottom Line?
I have tested and tried out various monetization strategies myself over the last 5+ years of blogging and have found different levels of success with each.
Unless you have super enormous traffic, selling your own products and services have the potential to be your biggest revenue earnier. Don’t hesitate to dive in to one of these product or service ideas, or something else you’ve been dreaming up. Even if it scares you a little, just push that fear aside and give it a go.
It may take some trial and error before you find the right product or service that sells and brings a good return on investment, but don’t hesitate to get started. Done is better than perfect!
Launch Your Shop Guide: Instant Download
If you want to learn more about how to launch an online shop in the easiest, most passive way, make sure to download my Launch Your Shop: Get Started Guide here.
Want to attend my next FREE Launch Your Shop masterclass? I jam as much info as I can into this 60 minute presentation. Sign up for the next session!