4. Make money blogging
Lesson 4 Module 1
Welcome to day 4 of the Do Six Figures blogging bootcamp. Today we're going to put the monetization puzzle together and afterward, I'll introduce you to my Do Six Figures Bootcamp premium eCourse.
Let's get started with monetizing your blog.
Here are the 5 best ways to monetize your blog.
Each method requires a different approach and you can use more than one method on your blog.
Let's dig in.
Place ads on your blog. Get paid. It's as simple as that.
When you monetize with ads, traffic is the name of the game. The more you get, the more you earn.
This monetization method is the best way to earn your first $100 blogging.
To get started with ads you need to sign up with an ad network first.
For new bloggers, I recommend Google Adsense. As your site gets more traffic you can look into switching to another network that pays more.
Pros: Easiest way to make money because you don't have to sell anything.
Cons: It's difficult to scale and grow your blog to a six-figure income using ads alone.
2. Affiliate marketing
With affiliate marketing you are paid a commission for selling someone else's product.
The beauty of affiliate marketing is that you don't have to spend time or money creating a product yourself. You just have to promote it.
For new bloggers, I recommend starting with Amazon's affiliate program, Amazon Associates.
Here are the best affiliate networks to join:
Pros: Teaches you what sells in your niche - and how to sell it.
Cons: You're sharing the revenue which means payout rates can be low.
3. Sponsored posts
Whether you call it paid reviews, influencer marketing, or sponsored posts, some bloggers make serious bank with this monetization method.
With sponsored posts you get paid to mention or review a product or service.
This monetization method works well in the parenting, travel, beauty, and fashion niches.
Here are some sponsored post networks you can register on:
Pros: You can earn upwards of $1,000 on a single campaign.
Cons: You need to have a good-sized audience and a following on social media to get offers.
You can make money offering services, even without a big audience.
Here are some services you can offer on your blog:
Pros: You can charge a lot of money. Think $100+ per hour.
Cons: Every client becomes your boss.
5. Creating your own digital products
I saved the best for last. Creating and selling your own digital products is the best way to monetize your blog.
Imagine a product you create once, can sell over and over again, and never runs out of stock. This is what you get with a digital product.
Best of all, there's no middle-man to split the profits with!
Short on ideas on what to sell? Here are ideas for digital products you can create for your blog:
Pros: You create it once and then sell it over and over again.
Cons: It takes time and money to create your own product.
The next steps to making money with your blog
That's it for the free 4-day blogging bootcamp! But this doesn't have to end here.
At this point you have three options:
2. Figure it out on your own
3. Start your blogging journey with a proven blueprint to success.
If you're ready to take massive action, I invite you to enroll in my Do Six Figures Bootcamp course.
If you continue in your journey with the rest of this course, I wanted to let you know that you won't be alone. Each of the 64 lessons has the comments section ON so you can ask questions and get help every step of the way.