While displaying Ads is a fairly painless method to generate income, it’s not exactly an assured money scheme. If your blog’s readers don’t care for your Ads, you’ll be wasting precious space. Our recommendation is to incorporate multiple ways to earn money, without resorting to Ads!
1. Sell Goods
Stock up on high-quality third-party merchandise, and sell it through your site to generate funds. It doesn’t matter whether the goods you sell are branded or unbranded. What matters is your knowledge of their use, and how good you are at convincing people to buy those goods from you. Use tools such as CafePress to sell various kinds of merchandise on your site.
2. Be Open To Donations
Once you establish yourself as a subject matter expert in a valuable niche, offer even more valuable content for free. Your readers will soon start to look at you as a reliable source of good information. At this point there’s no harm in asking your readers to donate for the maintenance of your blog, so that you can continue to provide quality content, advice and consultation for free. The easy way of doing it is by adding a donation button via PayPal.
3. Do Guest Posting For Other Blogs
Bloggers are always looking for other authoritative bloggers to submit insightful and inspirational posts to their site. The same bloggers may be reluctant to accept guest posts from non-bloggers. If you’ve established yourself as a subject matter expert in your niche, you can reach out to other bloggers and submit guest posts for a fee.
4. Create Digital Products and Sell Them
Consider creating digital products like high-quality stock photos, eBooks and so on. Digital products sell while you sleep, and your earnings will be quite satisfactory. Use your subject matter expertise to write a great eBook on a valuable topic and sell it at a good rate. As long as you’ve gained the required credibility, people will be interested in hearing what you say.
5. Do Freelance Writing Jobs
Blogging helps you to become a fairly good writer. Don’t disregard these skills – people are ready to pay good money for them. Apart from writing articles for your own blog, you can take up article writing for other blogs as well. Transition into freelance writing slowly, and use your subject matter knowledge to write truly inspirational blogs for other bloggers.
6. Offer Consultation Services
If you’ve built up enough reputation as a niche expert, you can consider offering consultancy services to other bloggers. Set up an online consultancy service and create a set of eBooks, videos and instruction manuals as hand-outs for an additional fee. There’s good money in this!
7. Become A Public Speaker
If your local area conducts lectures and seminars on your niche topic, you can offer your services as a public speaker. Do this only after you can claim a good level of niche expertise, and a decent amount of traffic to your blog. If you make a good impression at the first event and if people appreciate you, you’ll be offered other speaking engagements.
8. Promote Affiliate Programs
Promoting affiliate products includes writing about them on your blog. You will need to convince readers to buy the products, so first try the products yourself. If you’re already using somebody’s product and are happy with it, check if the manufacturer has an affiliate program.
9. Create A Book
Here’s an idea – collect your best, top-quality, premium content and upgrade it. Rewrite bits, add more references, and turn it into a valuable collection. Now put it together in the form of a book and use a self-publishing tool such as LuLu to publish it. You can publish both printed copies and electronic copies.
10. Create A Members-Only Section
Another idea is to create a members-only section on a paid basis. Offer curated, valuable premium content to paying members along with other services such as 1:1consultations, podcasts, video tutorials and video interviews of notables.
11. Create A Radio Station
With a radio station, you can sell paid-only podcast services and also radio Ad space. Establish excellent traffic and bloggers and entrepreneurs would be happy to pay for radio space to advertise their products. Over time, you can market your radio channel as your brand’s voice.
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