Day 4 – Make money blogging

Each method requires a different approach and you can use more than one method on your blog.

Let's dig in.

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.

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.

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.

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.