If you are new to blogging, or have just recently started a blog, congratulations! I hope your main motivation is to provide valuable content for your readers, because that’s how you will establish expert status in your specialization (niche) in the long-term.
However, there is nothing wrong with making some extra money through blogging, and several simple methods exist for getting the ball rolling:
1. Google Adsense
Google Adsense might be the fastest and easiest way for a beginner to start earning so-called passive income with a blog. As the name implies, Adsense is a contextual advertising network that places partner (business) ads on your website. It’s easy to set up – a quick copy and paste of some Adsense code and you’re good to go!
Don’t worry that your blog niche won’t be able to draw quality ads to your site. Google Adsense is one of the biggest networks on the Web, so you should get a healthy enough list of clickable sites to attract your readership.
Just make sure your content is of the highest quality!
2. Amazon Associates
Amazon Associates is the long established in-house affiliate program run by Seattle-based Amazon.com – the biggest online retailer in the world today. It offers bloggers the chance to earn commissions (up to 8.5%) by advertising Amazon products on your website – provided visitors click-through from your blog to Amazon.com and make a purchase.
The one caveat about Associates is that it probably suits bloggers who write about merchandising, retail products and shopping a fair bit. Logically, it will help your performance if visitors arrive at your website already predisposed to buying.
The program works by getting Amazon links, banners, or widgets (e.g. slideshows, ‘My Favorites’, ‘Wish List Widget’) onto your pages.
3. Create E-books
Regular blogging is the ideal training ground for creating e-books, still one of the most popular forms of information products being sold by online entrepreneurs today.
Consider your blogs as “free” information that you offer to readers to demonstrate your expertise. With time, they become your fans and are ready for more in-depth material. This is your opportunity to make money – by presenting your e-books for sale alongside your free blog.
Just make sure that the e-book builds on your blog output – don’t simply rehash what they have already seen! After all, these people are now paying customers and will get upset with old information. Later on as you become more established and your archived material becomes more extensive, poll your readers to see what topics they’d be interested in learning more about and potentially what topics of e-books they’d be interested in purchasing.
Notice that I avoided putting a specific dollar figure on the amount you can make from blogging. It will come down to your work ethic, your skills as a writer, your ability to generate targeted traffic, and plain old good luck. It’s a bit like baseball: everyone played it as a kid, only a small fraction make it to college ball, an even smaller number become professional, but only the cream of the crop make it to the majors.
You have to decide where in the blogging “big leagues” you want to end up.
The reality is that as more and more people from all over the world come online, the harder it will become to get attention and generate income. As of February 20, 2014, according to their respective websites, there were around 172 million Tumblr and 75.8 million WordPress blogs. Blogger.com does not release statistics, but is said to be the most popular blogging site.
That being said, there are countless success stories out there, and the formula for success is surprisingly simple. It’s just up to you to get it done!
(via about money)