Developing and maintaining a successful blog are challenging, especially with the internet landscape being as competitive as it is today. Maintaining a blog with thousands of regular viewers also require a lot of investments. It is only natural that many blog owners take active steps towards monetizing their blogs.
While advertising revenue and paid membership plans are great ways to monetize your blog, they are certainly not the only ways to look into. There are many other options to consider if you want to generate revenue from your blog. We are going to take a look at the 3 alternative monetizing ways in this article.
Social Media Monetization
When you have a successful blog in hand, developing a strong online presence across social media platforms should also be very easy to do. After all, you already have thousands of avid readers; all you have to do is promote your social media pages regularly and you’ll grow your followers in no time.
You can then monetize your social media presence and earn a substantial stream of revenue from them. It is not uncommon for brands to work with YouTube, Instagram, and Twitter influencers in promoting their products and services.
It won’t be long before you start getting offers for endorsement deals, free products to try, and paid post requests on your social media pages. Just make sure you associate your personal brand (and your blog) with the right clients.
Become a Business Owner
Another great way to earn money from the success of your blog is by selling products and merchandises directly to customers. Thanks to platforms such as Amazon and Shopify as well as online resources they provide, starting your own ecommerce store isn’t difficult at all.
The Amazon FBA selling guide is a great place to start if you want to sell your own merchandises through Amazon. You will be tapping into Amazon’s gigantic traffic streams too, so you are expanding the reach of your blog and the ecommerce part of the site at the same time.
To take this route, you will have to develop your own products first. They don’t need to be overly complicated and you’ll be able to use existing third-party services to make your own merchandise. Focus on aspects such as relevance and user experience to further boost your chances of success.
An Industry Expert
Let’s not forget that a successful blog means you’re very good at something. That expertise you have and the many insights you’ve shared over the years can easily lead to offline moneymaking opportunities.
I know a lot of bloggers and social media influencers who are earning money by speaking in seminars and providing training to corporate and non-corporate audience. If you’re good at content marketing, for instance, you can provide training to a company’s marketing division and get paid for your time.
These are only three alternative ways to monetize your personal brand or blog and turn your authority and expertise into a moneymaking empire. There are still other ways you can capitalize on the site you have developed over the years. Be sure to stay tuned for updates and more monetizing tips right here on BloggingTips.com.