McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams
March 26, 2011 11:31 AM PT
Share this on Facebook Tweet this Subscribe for more Tips

4 Business Strategies to Monetize Your Blog

Read more about Business

Does your business have a blog? Do you write a blog you love? Now is the time to make your blog work for you!

A blog can be a welcomed source of extra cash, provided you employ the right strategies. Here are four of our top strategies to begin monetizing your blog today:

Wordpress Stickers
Wordpress Stickers © John Fischer

Sell Advertising Space

The best way to begin capitalizing on the popularity of your blog is to sell advertising space. The concept is quite simple: you show advertisers that you have a following, and they pay you to place their advertising on your blog.

There are three routes in which you can profit from advertising space:

  1. Employ Google Adwords: With Google Adwords, you get paid each time a visitor clicks on one of the advertisements. You can run up to three ad units simultaneously, and you can also choose from a variety of text and image ad sizes.

  2. Join an ad network: There are dozens of ad networks that will fill your advertising space for you. There are either impression-based or click-based networks, but the drawback is that you will be splitting the advertising revenues with the network.

  3. Sell ad space directly to companies: You can pocket the most money by selling your ad space yourself. However, this takes more management and time, and you need to have a large reach to encourage advertisers to spend their budget with you.

Most of the time, selling advertising for your blog is quite easy, and most advertisements are fairly unobtrusive, thereby allowing you to make money and spread your message at the same time.

Profit from affiliate programs

Affiliate programs are another excellent way to monetize your blog. For example, if you write about gardening supplies and mention a particular gardening tool in your blog, embed a link that will allow them to purchase the product. Many bloggers use Amazon, for example, when mentioning books in their blogs.

Once your reader clicks on your link and makes a purchase, you get paid. There are nearly an infinite number of affiliate programs, which makes it easy to choose ones that will convert well for your audience.

Consider contributions from your readers

If you offer valuable advice or helpful downloads, such as a guide on managing credit cards, your readers may send you a contribution because they appreciate the information or knowledge you provide. You can often solicit contributions through PayPal; your readers simply click on the PayPal link and are sent to the PayPal website to make their contribution.

Promote your wares

You can turn your blog visitors into customers. For example, if you have a home décor blog, you can easily offer your interior designing services. Alternatively, you can sell home décor goods. While many companies today have an accompanying blog, you can take the opposite route and leverage your blog into a retail or service business.

These four ways of monetization just touch the tip of the iceberg. With a little creativity and business acumen, you can easily turn your blog into a profitable endeavor.

Follow @CreditDonkey or write to Grace Carter at grace@creditdonkey.com

Share this on Facebook or Twitter

More Articles in Tips

Business Credit Cards

Ink Cash℠ Business Card

Ink Cash℠ Business Card

Intro APR (P)Intro APR (BT)APR as low as
0% for 12 months
0% for 12 months
10.24% (Variable)
Introductory Bonus Cash BackCash Back RewardsDining RewardsGas Rewards
  • Up to $250 cash back bonus - $100 cash back bonus after your first purchase, plus an additional $150 after you spend $5,000 within 3 months!
  • 5% cash back on the first $25,000 spent annually at office supply stores, and on cellular phone, landline, internet, and cable TV services
  • 2% cash back on the first $25,000 spent annually at gas stations and restaurants
  • 1% cash back on all other card purchases with no limit to the amount you can earn
  • Cash back rewards do not expire
  • 0% Introductory APR for 12 months
  • No Annual Fee
Apply for Ink Cash℠ Business Card
The Business Gold Rewards Card® from American Express OPEN

The Business Gold Rewards Card® from American Express OPEN

Intro APR (P)Intro APR (BT)APR as low as
--N/A
Airline RewardsPoint RewardsTravel RewardsInstant Approval
  • FOR A LIMITED TIME: Earn 5X points on shipping and advertising for the first 3 months of Card membership.
  • Earn points even faster to get more rewards for your business
  • 3X points on airfare | 2X points on advertising, gas, and shipping |1X points on everything else*
  • One million rewards from over 500 brands
  • 24/7 support for everything from identity theft to travel emergencies
  • $0 introductory annual fee for the first year, then $175
  • Get unlimited Additional Gold Cards for an additional annual membership fee of $50 - and this fee is waived for the first year
  • Terms & Restrictions Apply.
Apply for The Business Gold Rewards Card® from American Express OPEN
The Plum Card® from American Express OPEN

The Plum Card® from American Express OPEN

Intro APR (P)Intro APR (BT)APR as low as
--N/A
No Pre-Set Spending LimitDiscountCar Rental InsuranceExtended Warranty
  • The Everything, Everywhere Trade Terms Card (SM) from American Express OPEN
  • Pay in full within ten days, get a 1.5% discount
  • OR pay as little as 10% and take up to 2 months to pay off the balance, interest free
  • $0 introductory annual fee for the first year, then $185
  • A powerful cash flow management tool
Apply for The Plum Card® from American Express OPEN

Which Small Business Credit Card is Right for You?

The choices when it comes to business credit cards can be daunting. Low interest rate, no annual fee, discounts, fraud protection, and the plethora of rewards options—where do you start and how do you know which card is best for your business?

What do you think about 4 Business Strategies to Monetize Your Blog?

Name (required)
Email (required; won't be published)
Website (optional)

or you can also trackback from your blog.
May
14
2012
Infographic: Summer Opportunities for Students

Summer Opportunities for Students

With summer fast approaching, large numbers of high school and college students are searching for summer jobs, beginning an internship or enrolling in summer school. Other students choose to use summer as an opportunity to sleep in, hit the ...
More Articles in Tips





About CreditDonkey®
CreditDonkey is a credit card comparison website. We publish credit card reviews, deals, and tips to help you make informed credit decisions.

IMPORTANT LEGAL DISCLAIMERS. READ CAREFULLY.
CreditDonkey