Bloggers generally orient around making money from their blogs . The bloggers who do not seriously consider making money from a blog , do not also mind if they do make money. However the efforts behind making money from a blog may differ. There is no established formulae of making money from a blog. The primary idea is that a blog is a medium to express thoughts ,ideas and knowledge. People do visit a blog for various reasons and generally bloggers do moneti8ze this attention. Making money from a blog is a difficult thing but if considered seriously , it can really prove to be a source of real good income for a blogger. This post is about making money from a blog in 2013.
Blog monetization scenario in 2013
Making money from a blog is becoming difficult everyday. 2013 is not an exception, however there are some factors that may affect your blogging monetization aspect very positively. First is the increasing number of internet users and secondly various innovative ideas being introduced to make money from your blog. Like any other industry and work , blogging has its own challenges and good income prospect. It has to be taken seriously as a profession and the key fundamentals of blogging should be carefully mastered to make money form a blog.
Factors that affect your earning
Before we proceed any further , let us have a look at few factors that can really impact you money making struggle.
#1. Visits to your blog – The most important aspect that will affect you money making from a blog. This is also a reason why SEO has gained importance. Search engines have the capacity to send huge number of visitors that will hard to be considered by building readership alone. Still, the readership that a blogger builds is the only primary source of for a blog and search engines may take time to send visitors because they operate on their own terms.
#2. Quality of traffic/visitors – This is one more important factor that affects the earning potential. The geographical location and demographics will impact your earning. Generally visitors from developed nations or visitors who are potential buyer for some product or service are more likely to help you earn more.
#3.Reputation of your blog – Reputation of your blog is one more important factor as this will. attract advertisers and sponsors for your blog.
#4. Alexa rank – Alexa rank of your blog will be seriously considered by advertisers and ad networks before approving your blog to participate in their program.
#5. Interactions – Comment , reactions and social share will also affect traffic to a blog and also the advertisers.
Ways to make money from a blog
There are many conventional and newly arrived monetization option for a blogger. Below are few of them.
#1. Affiliate Marketing – Affiliate marketing is a result based money making option in which advertiser or sponsored will pay for a visit or a sale. This is kind of conventional ad networks. Few examples of affiliate networks are as below;
Many hosting providers, hotels networks, tour operators , software vendor do offer affiliate marketing programs. Bloggers can participate in suitable programs and make money
#2. Contextual Ad Networks – Contextual ad network is the most used way of monetizing web properties. Contextual ad networks display ads related to the content of the web page thus creating scope of the ad being clicked by the visitor out of own interest. Contextual ad networks like Google AdSense display ads on other data like searches made by a user etc. Few known contextual ad networks are;
#3. Selling Advertisement Space
Bloggers can directly sell ad space on their blogs . There are many services that can help a bloggers sell ad space or even find advertisers. This way of monetizing blogs has gained popularity in past few years. Some examples of agencies that can help you with selling ad space are;
#4. Sponsored Posts – Bloggers can write and publish post for whish they are paid. Known bloggers get more requests for sponsored posts.
#5. Sponsored Blogs – Some bloggers write blogs which are dedicated to some topic and completely sponsored by a brand or an entity from the same industry.
#6. In Text Link Advertisement – In text links are complementing advertisement option. In this form of advertisements ,certain keywords are highlighted and on hovering or clicking those keywords ads are displayed. Infolinks is a noted in text link ad network.
#7. In Image Ads – In this type of advertising, ads are displayed in an image already existing on a webpage. These ads are generally related to the ATL text of the image. Gumgum is a known image ad network.
#8. In Video Ads – In this type of advertisements, ads are displayed in an video. The ads can occur before , after or between the video is played. Video hosting site YouTube has its own monetization program for videos.
#9. Featured Posts and Related Posts – Bloggers can use services like nRelate to display related posts from their own blog and other networked blog and make money for every visit sent to other blogs while offering related post from their blog.
#10.Google AdSense Custom Search – Google AdSense offers advertisement options in the custom search engines by Google. Bloggers can make money by showing relevant ads in the searches made by users.
#11. Accepting Gifts and Donations – Accepting gifts or donations is a way to earn from a blog. Loyal readers who love your blog may offer you gifts and donations.
#12. Selling E-Books – Creating and selling online E-books is also a good way to earn. Self publishing has gained popularity in past few years. Programs like Kindle Direct publishing help blogger publish books and make money from it.
#13. Merchandizing – Merchandizing a fairly popular blog is also a good way to make money. Merchandizing services like Cafepress can help bloggers set up a store with own merchandized products in minutes.
#14. Selling Blog Subscription – Selling subscription to blog can also be a good earning option for a blog publishing highly valued content.
#15. Operate Tutor Program – Operating a tutor program on a blog and charging fees for it is a good money making option for freelance experts.
#16. Accept Freelance Jobs From Your Blog – Many bloggers make money by accepting freelance jobs on their blogs. Blogs gain reputation and work for them.e.g. a webmaster can get and SEO job for a blog or a website through a blog.
#17. Sell Photos and other media from a blog – Selling photos, videos and other media content can be a good earning option for photographers and creators. Gumroad is a service that helps people sell or make available downloads of valued content.
#18. Charitable Programs – Charitable programs offer commission for helping in raising fund.
#19. Fundraisers – Bloggers can set up fundraisers for a cause and raise money.
#20. Sell blogging related services – Bloggers add to their knowledge everyday. Over a period of time bloggers can gain extraordinary knowledge and sale their knowledge in form of various blogging related services.
These were some ways to make money from a blog. There are many other ways of making money from a blog and many other new monetization options for blogs are introduced timely. Below are some tips that will help you make money with comfort.
Simple tips for making money for your blog
#1. Monetization of a blog is later part and first the focus should be entirely on building reputation and readership
#2. Traffic from search engines is a crucial element of blog monetization, bloggers must understand this and learn at least the basics of SEO.
#4. The location of placing ads can affect the revenue largely. Bloggers must use few ads at key places like below the title etc., this will help them earn more from less ads.