Alternatively, you can just head on over to WordPress.com and create a hosted blog with ease. People create blogs for many reasons, including personal, becoming an industry authority and, of course, making money.
In this day and age, we live in a time where blogging is a good way of making money. Indeed, many people have even turned it into a full-fledged career, making it their main source of income. But you can only make money from it if you know how to monetize WordPress blog.
Keep on reading to find out five ways in which you can make a profit from your blog.
Why Monetize Your WordPress Blog?
Blogging is not an easy thing to do. It requires a great amount of time to research, write, format and proofread the content. And when one has an audience that is hungry for content, they can find themselves blogging constantly. In fact, it can even feel like a full-time job.
And like any full-time job, everyone starts thinking about getting something for their efforts. This makes sense considering the amount of work that goes into creating the blog. And if they work hard enough, they can manage to turn something that brings enough income for a living.
Monetization is the smartest decision anyone can make. And we are going to discuss ways on how to get paid for blogging in the next section.
5 Best Ways to Monetize a WordPress Blog
When you reach the point of thinking of how to monetize your WordPress blog, it means that you are getting a decent amount of traffic.
Without high traffic, you won’t see much profit from your blogging efforts. The good news is that monetizing your blog doesn’t take a lot of work. So while your blog is making money, you can focus on growing your audience even more. In the end, this means more money in your pocket.
So without further ado, let us look into the five ways in which you can make revenue through blogging on WordPress.
1. Pay Per Click (PPC) Advertising
When people think about monetizing something online, PPC instantly comes to mind. It’s easy to do, considering you just have to advertise other people’s products and services on your blog.
Once someone clicks on the ad, the owners of the advertisement will give you money. And there are many good networks for PPC advertising, such as Google Adsense.
There are two things to keep in mind when it comes to PPC. First, you need to make sure you have a high amount of traffic coming to your website. Secondly, you need to display ads that are relevant.
For example, if you write a health blog, it makes no sense to be advertising mobile games. Doing that can irritate your readers since they aren’t gamers, and no one will click on the ads.
In other words, don’t spam people with ads for the sake of making money.
2. Affiliate Marketing
Another popular method of monetize WordPress blog is affiliate marketing. This is when you include an affiliate link in your content, referring people to a particular product or service.
When your readers make a purchase using your affiliate link, you get a commission from that. There are a number of affiliate marketing networks you can join – almost all niches have several.
Major stores like Amazon and Best Buy have affiliate programs. You sign up, get your link and, just like that, start promoting products and earning. Additionally, affiliate marketing is one of the most popular monetization methods – so don’t skip on this one. When using affiliate links, the rules are more the same with PPC. This means you need to pick products and services that are relevant to your audience. Most importantly, they need to be ones that you would use yourself. Don’t just refer people to things for the sake of making money.
3. Paid Membership
If you are an industry leader with a large following, this can work quite well for you.
If people are interested enough in the content you write, they are probably willing to pay for it. How this works is that you restrict access to blog posts. When a person reads a post to a certain point, you can hide the content until they become a paid member.
Make sure you have a couple of payment plans. Some people might just want access to certain content and not all of it. On the other hand, others want full access. Give your audience multiple plans and payment methods so they can customize their experience on your blog.
4. Paid Reviews
When learning how to monetize a blog in WordPress, paid reviews are a method that gets mentioned often. When many people are visiting your website, it might be time to approach a business, offering to write paid reviews.
Sometimes, you don’t even have to approach them, some will approach you. Once you reach an agreement, the business will send you their product and you will review it on your blog.
Keep in mind that they are not paying you to write a glowing review. They are paying you to provide your honest opinion.
Reviewing products honestly is something readers appreciate. And they will share the word about your blog if you seem trustworthy and credible. This could only mean more visitors, meaning more revenue for your blog.
5. Don’t Forget Search Engine Optimization (SEO)!
SEO is not a monetizing method in itself. It works in conjunction with the above mention ways of how to monetize your WordPress blog. When SEO is done right, it can bring a high amount of traffic to your blog.
That’s because SEO will make your blog rank highly on search engines when people are searching for content like yours. As you can recall, monetization methods like PPC and affiliate marketing work well when you have a large audience.
Monetize WordPress and Get Paid for Blogging
Curating a blog is a wonderful thing. It can be a hobby or it can be for your business or brand. Whatever the reason the blog exists, it can also be a great source of income.
You just need to know how to get paid for blogging. If making money from blogging is your goal, then the above-mentioned ways for monetizing it can help you earn a few bucks!