10 Best Ways to Monetize Blogs Effectively

We all want to make money from our blogs, but not all of us know how to effectively monetize our blogs. For instance, many people do not realize that there are several different ways to make money through blogging. This is something that can turn into a pretty good income if you know what you are doing. Here are 10 things that you can do to effectively monetize blogs.

Do Speaking Gigs – Once you are known as an expert in your field, you can start doing speaking engagements, and get paid for it. Not everyone likes doing this, and it may not be for you. But, it is still something to consider. Self-help sessions are popular, and you can draw in a lot of people and make money.
Offer Services – You can offer a lot more than just products. Have you considered offering services, consulting, coaching, etc.? This is actually one of the fastest ways to make money with a blog, because there is no lag time. You can offer your expertise right there on the spot, which is what your readers want.
Write Paid Posts – You can make extra money by writing paid posts and reviews in your blogs. A lot of companies pay bloggers to write for them, especially if those bloggers are already well known and trusted.
Promote Via Email – Once you have an email list of a decent size, you can start using it to your advantage and make more money. You can use it to promote content from other people (for a fee, of course), and filter the content to make sure you are offering nothing but the best content.
Set Up a Private Forum – This is a lot like a membership area. Basically, it is a paid community that can only be accessed by those who have exclusive memberships. Customers pay to use the forum, and you enjoy the additional income that it generates.
Use Affiliate Programs – Place links to other businesses on your blog, and when people click on the links and buy the products offered, you get a commission. It’s that simple. You don’t have to make any products, worry about fulfillment issues, or marketing. You just have to sit back and collect the commissions.
Write an E-Book – Create an e-book, and then write your blog in a way that makes people want to learn more, which they can if they buy the e-book. They can be sold on many platforms, and they are a great way to build your reputation as an authority in your niche.
Create Online Courses – Once you start writing e-books, the next thing to move onto is to start creating and selling online courses. Your blog offers a lot of value, so just think about how much value you can offer with a course. You will be surprised at how many people are willing to pay for online courses, for various reasons.
Sell Advertising Space – Another way to make money on your blog is to sell advertising space to other business. Be sure to do this with businesses that are not in direct competition with you. While some people do think that advertising on blogs is tacky, it is still a tactic that tends to work, so it is worth giving a try.
Become a Freelance Writer – Bloggers are able to show that they are capable of writing, understand how online publishing works, that they are knowledgeable in their fields, etc. These are all qualities that other businesses are looking for. They need content, and you can offer that content, at a price.