Your WordPress Blog can bring in the dough, if you Monetize it soon enough!🪙 Yup, that’s right!
Running a successful blog can help you earn money while allowing you to follow your passion.
The key is to continually give your readers great content, which in turn would increase the inflow of visitors – ultimately giving you a steady income.
There are quite a few ways with which you can monetize your blog on WordPress, let’s go through them one by one.
Monetize your WordPress Blog via Sponsored Posts
If your blog has a loyal fan base or steady traffic coming in – this method is for you!
A post is sponsored when an organization or a brand pays you to write a piece promoting their products or services.
Sponsored Posts are beneficial for both –
- People wanting to advertise their products, who get the desired viewership in the form of your readers.
- And you – the author, who gets to earn some money.
Just how does one land a sponsored post you ask? Well, you can approach brands that you’d want to work with regarding sponsorships. Or, if your blog is quite well-known, brands also approach you wanting to display their ads in your posts.
If you decide on this path, make sure you carefully choose which brand or product you’re representing. Your readers will always appreciate it if you recommend reliable and trustworthy brands that align with their interests and values; you’ll establish yourself as a credible source of recommendations.
Placing Ads to Monetize your WordPress Blog
One of the ways to start monetizing your blog is by placing advertisements in it.
There are two kinds of ads you can display on your blog,
Pay-Per-Click (PPC) Ads – Which pay you for every click their ad gets on your website.
Pay-Per-Impression (PPI) Ads – Which pay you every time their ad gets a view.
To place ads on your blog, there are many advertising networks with whom you can partner with. Some popular ones are Google AdSense, Amazon Publisher Services, PopAds, Adcash, and Adsterra.
To earn a substantial amount of income from ads, your blog needs to have a lot of traffic. Remember, great traffic follows great content.
Be mindful about the number of ads you display and where you place them on your blog. It’s rather annoying to see a bunch of ads pop up when you’re trying to take a look at something, right?
Use Affiliate Marketing to Monetize your WordPress Blog
In this advertising method, you are the affiliate to a third-party organization, most likely an e-commerce website. As an affiliate partner, you receive a unique link given to you by the organization. This link, when clicked upon will redirect the viewer to the third-party website where they can purchase a product. Through the same link, sellers are able to identify the traffic that came from your website. When someone successfully purchases a product through your link, you get a commission!
You can mention the product and provide the link in your posts as a part of an ongoing topic or as an independent review. Feel free to adapt your approach according to what suits your blog best, whether that means being subtle or direct.
Take a look at some of the Affiliate Programs you can choose from – Amazon Associates, ClickBank, ebay Partner Network, Commission Junction and GiddyUp.
Memberships and Premium Content
Many blogs offer memberships with which viewers pay an extra fee to avail exclusive content, more than what regular viewers get to see.
As memberships can be a recurring cost, chances are you’ll earn a steady income from this method. However, it’s important to keep producing a regular stream of good quality content that people won’t mind paying for.
Some popular membership platforms which allow creators to set up a subscription service for their content are Patreon, WildApricot, Mighty Networks and Memberful.
Selling Products
Selling products on your blog is another way to generate income from it. There are different kinds of products you can sell according to the theme of your blog and the kind of topics it covers. Let’s take a look –
Digital Products
Monetize your WordPress blog and share your creations with readers by offering digital products for sale. These products can include downloadable media such as PDFs, e-books, software, reports, videos, songs, templates, art, graphics, and more.
Blog-Themed Merch
How often have you encountered incredibly cool merch and found yourself curious about where it came from? It’s a feeling I can relate to, and I’m sure you can too!
Merch has the power to entice viewers to explore your blog and pique their curiosity to learn more. Selling merchandise that is relevant to your blog helps promote it and convey your brand identity.
There are a lot of blogs that come up with creative merch. Check some of them out –
BOOOOOOOM, a blog by Canadian artist – Jeff Hamada, has a section where people can shop merchandise.
Frankie Magazine, an Australian online publication who has a shop page where you can buy editions of the magazine and other Merch.
Courses and Webinars
Courses and Webinars can be a good method to earn money if you have expertise in a particular field. You can curate courses in various fields, be it for learning languages, design, illustrations, or any other skill.
You can also host webinars where you share valuable experiences and opinions on specific topics, giving you the opportunity to get paid for your skills.
Selling Services
If you specialize in something, you can offer your services through your blog to earn some extra dosh.
Freelancing
Earn on a pay-per-job basis by offering services related to your area of expertise on your blog. For instance, if abstract art is your niche, you can be a freelance artist working on a contract basis. Your blog acts as a platform to showcase your skills and attract potential clients. Freelancing allows you to bypass intermediaries and earn directly from clients.
Consultancy
Share your expert advice on a specific subject and earn income by offering consultancy services through your blog. Organizations or people will pay you for your personalized guidance and advice. This method has the potential to bring in substantial income, but it all depends on your skills and experience. Your blog will display your story, strengths, portfolio, any resources and services you offer.
Once you have established a brand for your blog, you can enjoy a steady revenue stream.
You know we talked about the necessity of traffic to drive revenue to your blog? Wondering how to make that happen for you? Read through our article on how to Increase Traffic to your New Website.
Donations
Accepting donations is another method to earn through your blog. You can kindly ask people to contribute money, but it’s important to explain why you need the donation and how you plan to utilize it. Being sincere and transparent about your needs and intentions is essential. Genuine authenticity plays a key role in encouraging people to donate.
Looking to Monetize Your WordPress Blog? Start Here
Who said earning while pursuing your passion isn’t possible? In this article, you and I, we go through the different methods to monetize a WordPress Blog in 2023.
Here’s a quick recap –
- There are various methods to Monetize your WordPress Blog but keep in view that generating a substantial and steady profit stream requires well-crafted content and high visitor turnout.
- Earn money by crafting Sponsored Posts that promote a brands’ products and services.
- Place Ads on your blog and earn through Pay-Per-Click (PPC) or Pay-Per-Impression (PPI) methods.
- Earn commissions by promoting third-party products or services on your blog by placing unique affiliate links that bring you earnings every time a visitor makes a purchase through your link.
- Offer exclusive content through paid memberships.
- Sell digital products, blog-themed merchandise, courses, webinars, or services on your blog.
- Accept donations from readers who appreciate your content and explain the purpose for their contribution.
Use these methods create a profitable online presence while making your unique content, and start your journey towards turning your passion into profit today! 🚀🪙
To learn more about the wonders you can do with WordPress, read our ‘How To’ category articles and subscribe to WPWhiteBoard!
Got a WordPress Blog to Monetize, but…
To earn a substantial amount of income from your website, you need a steady stream of good quality content and traffic. If you can achieve that, then affiliate marketing might be the fastest method for you to earn money from your website. Affiliate Marketing involves promoting products or services on your website through unique affiliate links. When your readers click on these links and make a purchase, you earn a commission through the affiliate program!
Effectively Monetizing a WordPress Blog is directly influenced by things such as content quality, niche, and audience size. The time differs for everyone, but it typically takes several months to a year to generate a considerable amount of income from your blog.
To Monetize your WordPress Blog with Google AdSense, you first need to create an account with AdSense. Place the given Ad code on your website pages to earn income whenever visitors view or click on an Ad.
Yes, you can Monetize your Free WordPress Blog. There are several ways with which you can generate income. You can place ads on your blogs using advertising networks, participate in affiliate marketing programs, write sponsored posts, sell products or merchandise, offer paid memberships, and even accept donations from your readers. Explore the different methods of monetizing your blog and choose the ones that work best for you!