When it comes to making money with online blogs, there are many different opportunities available. Like regular websites, you could integrate Google Adsense, or other advertising networks such as AdBrite, or you could implement CPA offers from services like CPALead.com.
But it doesn't stop there.
As a blogger, you can make money by promoting affiliate products on your website, by growing a list that you can promote your own products and services to, and you can even make money by joining blog project databases, where you are paid for writing about new launches, providing feedback on company products, or in offering paid reviews for other new bloggers who are interested in gaining traffic from you.
Of course, how much money you can make will ultimately depend on how much traffic you are able to generate to your website.
The more traffic, the more lucrative your blog will be to potential paid sponsors, and of course, with consistent traffic, you can make money through commissions from affiliate products that are purchased through your referral.
As someone who has been blogging for over five years, I always recommend to new bloggers that they focus on growing traffic before ever trying to monetize their blogs.
You need to build a reputation within your market, generate as many backlinks as possible, and push your website out in front of as many potential prospects as possible before you focus on making money from your blog. You need a captive audience, a loyal following, and return visitors who find your website informative, useful, interesting and worth returning to time and time again.
Once you have solidified yourself within the blogging community, you can then take it a step further by implementing money-making strategies into all areas of your blog, but you need to lay the groundwork first and focus on generating a steady stream of traffic to your website.
That being said, even from the birth of your website there are a few things that you should do that can be monetized in the future. One of these things involves building a list.
While you may have an RSS subscription option on your website, you need to take it a step further by implementing an autoresponder opt-in form on your site that captures your visitor's information and lets you stay in touch with your subscribers.
By doing this, you are able to grow a relationship with your target market, and once you have developed that relationship, you can begin to make money with direct offers, affiliate products, and referrals even before your blog is generating a lot of traffic.
To do this, you need two things:
1) Code Banter's autoresponder plugin available free at http://www.CodeBanter.com
2) An Autoresponder Account, available at http://www.GetResponse.com or http://www.Aweber.com
With these two resources, you will be able to start growing a list from the very first day that your website is developed. All you need to do is consider what "subscription bait" (also referred to as your "opt in bribe") you are going to use in order to motivate your visitors into becoming newsletter subscribers.
The easiest way to do this is by purchasing rights to a high-quality report from places like http://www.ContentGrab.com or in outsourcing the development of a free report or ebook from an experienced freelancer on websites such as http://www.Elance.com .
If you are capable of writing yourself, you could save yourself time and money by developing a short report that specifically caters to your blogs theme. You NEED to make sure that what you are offering is relevant to your topic.
Once you have a report ready, you can log into your autoresponder account and create your welcome email, which is the introductory email automatically sent to each subscriber upon confirmation of their request to join your list.
This email will thank them for subscribing and will include the download link to your report.
Just like in monetizing your website, you need to first work to build a relationship with your list so that they trust your recommendations and look to you as a sound source of advice, tips and information relating to the subjects that interest them.
Spend some time engaging with your subscribers, offering them free material, information, tips and resources that will help them.
If you do this, it won't be long before you have a loyal following of people who will eagerly open up your emails, respond to your offers and genuinely investigate the products that you promote.
When it comes time to promoting products, don't worry if you don't have the ability to develop your own product line. Using services like the Clickbank marketplace, you will be able to instantly locate dozens of high-quality products worth promoting.
The Clickbank.com marketplace is filled with thousands of products that you can promote. It's free to setup a Clickbank.com affiliate account, so you can begin exploring potential products and services instantly.
Here is an overview of how to choose the best products for your niche:
Visit http://www.ClickBank.com and click on the Marketplace link. Then, enter in keywords relating to your market in order to generate a page listing products and services that you can promote as a ClickBank affiliate.
Whenever you view the details of any given offer, you will see stats located under each listing, one of these statistics is called gravity.
The gravity rating in Clickbank.com is just an estimate of the most recent sales for a particular product. The higher the gravity rating, the more popular the product is among affiliates since it appears that the product is receiving a large number of sales.
When a product also has a high gravity rating, since sales are factored in, it means that the product is converting. That's the critical aspect of selecting a product to promote within Clickbank.com. You always want to ensure that the product you are promoting actually converts.
Another element to monetizing your blog that you can implement even before you begin to generate traffic is Google Adsense.
With Adsense, you are paid for every click made to advertisements featured throughout your blog. It's free to join as an Adsense advertiser, and you are able to generate code that you simply copy and paste into your blog's pages that will feature advertising boxes from various merchants.
To sign up, visit http://www.Google.com/adsense and create your account. Once you have it all setup, you will be able to customize the size and color scheme of your Adsense advertising boxes so that it blends well with your existing blog's theme.
This is an easy way to start making money with your blog even with little traffic, because rather than selling directly to your target audience, you are simply making money each time they click on your ads, costing them nothing in the process (you earn money even if they never purchase anything from these external websites).
You can also create campaigns within your Adsense account so that you can have a number of different advertisements across a network of blogs, which will give you the ability to determine what advertisements are converting and working well, and which ones may need to be tweaked to better preform.
From personal experience, larger square ad boxes convert better, with the colors modified to blend well with your website. You don't want these advertisements to intrude on your visitors experience navigating throughout your website, but instead, focus on creating advertisements that fit well within your template and use a similar color scheme.
Start with the 250x250 square ad boxes o the 300x250 medium size if your blog's theme can accommodate it. Otherwise, the tower advertisements can be integrated into the side panels of most blog themes.
The 728x90 leaderboard ad box is great for the upper portion of your blog's theme, right under the header, or at the very bottom, featured within the footer area of your website.
Just be sure to avoid overloading your website with Adsense advertisement boxes.
Remember, that you want to provide your visitors with the most experience possible so that they return to your site frequently.
Besides, if that isn't enough incentive to be careful about the number of ads that appear on your website, Google's Terms of Service state that you are not permitted to feature more than three advertisements on any given page, so be sure to review their restrictions and terms prior to integrating Adsense on your website.
There is a free plugin available for WordPress that will help you integrate Google Adsense advertisements into your blogs pages.
You can download it from:
You will also want to create individual channels for each blog that you plan to feature Adsense on so that you can determine what campaigns are working well, and track the CTR of each advertisement.
If you find that a particular ad isn't performing well, you can choose to change the placement, color scheme or size of the ad, as well as the general channel so that your advertisements are highly targeted to your audience.
For those who are interested in participating in blog networks that pay you per assignment or project, there are many different opportunities available to even the newest blogger.
Here is a breakdown of the different options available to you:
Pay Per Post
Pay Per Post is one of the larger services available that offer bloggers the opportunity to get paid for blogging about specific subjects. In fact, they are one of the pioneers of "paid to blog" opportunity-based marketplaces.
This is a super program for start-up bloggers as you can earn $5.00 per post regardless of your current traffic, or how new your blog may be. I joined this network immediately after setting up my blog and have experienced great success with it. It's really a lot of fun!
This works similarly to Pay Per Post where you can browse and accept opportunities however it's still growing in size and isn't nearly as popular as Pay Per Post. Still, It's a great opportunity for new blogs and bloggers with very few requirements such as the fact that your blog must be at least two months old and you must have the ability to use Paypal to receive your earnings.
The Review Me program works differently than the Pay Per Post one because with ReviewMe.com, potential advertisers will contact you directly offering to pay you to review their website or blog.
This site includes aspects of both Pay Per Post and Review Me, in which you can browse and accept offers as well as allow advertisers to contact you directly with project offers.
Blogger Wave can pay you up to $10.00 per post and have very few requirements, making this is a great choice for new bloggers.
This company will pay you $6.00 + per post with the payments increasing as your blog grows in popularity.
Blogvertise works very differently from that of Pay Per Post and Review Me in terms of how opportunities are offered and completed. With Blogvertise, their system matches bloggers to available offers, based on the type of content and ranking.
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