How You Can Make Money from Blogs

What most bloggers think when it comes to making money with their blogs is selling advertising space. That is far from being the only option though. These are several methods to earn money from your blog:

Selling ad space- Partnering with advertising networks is the easiest way to do that. You don’t have to maintain ads inventory and relationship. The model is profit sharing. You can sell virtual real estates on your blog or in the RSS feed.

Tip jar- If people find your content useful, often they will donate to encourage you to write more quality content. After all, time is one of the most precious resources that you can’t claim back. A tip jar just makes sense.

Affiliate program- The benefit is, you don’t have to maintain inventory, create the products, deliver them or provide customer support. You sell other people’s products and if people buy from you, you get a share in commission.

Writing work- You may be able to write reviews or write for other blogs.

Flipping blogs- Build a blog in a niche to a level and then sell it. This can be profitable especially if the blog has earned some kinds of income. An obvious example of how lucrative this can be is when Weblogs Inc were sold to AOL for $25 million in 2005.

Merchandising- Blogs with loyal followers are able to sell a lot of merchandise like T-shirts, mugs and other things as well. This is not as hard as you think, but it can bring another side income even if your blog doesn’t have significant readers yet. High-traffic blogs could do five-figure in merchandise alone per year.

Information products- As an information provider, you can repurpose or create information-based products and sell them for profits. Examples of info products that are highly in demand are ebooks, audio CD programs, home study courses, teleseminar and teleseminar series, seminar and its recording, and so on. The cost of delivering them is minimal, but people pay premium for high quality information, not the price of the paper of material they are printed on.

Coaching and consulting. As someone who knows what you are talking about, you will get consulting offers. I know many service professionals who successfully build their own practice by blogging.
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Internet Marketing / Promotion

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Professional bloggers who want to use a blog for commercial purposes

Now a day Millions of blogs, the problem is to get enough attention and traffic to make a blog useful for money making and business building. As Internet consists of content, there is more than one way to make use of a blog, but mainly professional bloggers who want to use a blog for commercial purposes can be divided into two polars:

Business blogging- This includes existing business owners who want to reach out to their audience and generate new business for existing products and services.

Niche blogging- People who are making money through advertising and affiliate products by providing information in a niche. Instead of growing an existing business, blogging in this case is an independent endeavor.
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