You did it! You finally made the decision to start your own blog and have finally made it to the point where you feel like you are an authority site, have a ton of great content to share with your readers and your RSS count and newsletter numbers are growing daily. However your revenue numbers have flat lined and you feel like you are blogging just for the sake of blogging. Why is everyone else making money with blogging and you aren’t?
Let’s cover three quick monetization methods you can use to take your established web site from hobby to potential full time job!
Create Your Own Product
You’ve already built a successfully blog ton of original content, why not expand on the same concept but with premium content or a learning course. Creating the perfect product for your web site will vary depending on what niche you are in, but it will also provide you with a completely new source of revenue that will be from something you created and own.
Build a Membership Web Site
If you’ve already created your own ebook or product, then a premium membership might be a great idea for your site. Memberships can be anything from a private forum, to having a members area filled with your best premium content that you don’t offer publicly on your blog. A membership can provide your blog with a nice monthly recurring income.
Sell Advertising & Review Products
If the idea of building your own products or membership programs seems too complex or overwhelming, you always have to option to sell advertising spots on your web site and review products that are related to your blog topic. Selling advertising on your web site is easier than you may think; you can sell directly or outsource to a third party. When promoting or review products or services in your niche, you can do this through affiliate marketing, which will allow you to earn a commission on every referred sale or lead from your web site.
These are just three simple ideas that could drastically expand the growth and revenue of your blog, while still offering a great deal of quality to your blog readers and not tarnishing their web site experience. If you are unsure which path is right for you, are scared of the idea of making money with your blog, feel free to ask you blog audience what they would like to see from the blog and if they would partake in “premium” services.
Learn More About Blog Monetization at Blog World New York
If you would like to learn how you can take your blog to the next level, and will be attending Blog World NY during May 24-26, 2011, please visit my session with John Chow and Syed Balkhi where we will be covering everything from beginner blog mistakes to full blog monetization.