Now that you’ve got your blog up and running, the next step is to figure out how you can start monetizing it. The good news is there are literally hundreds of different ways you can go about making money from your blog.

With this article however we are going to focus on three of our favorite. Affiliate marketing, running ads and creating and selling your own information products.

Now before we dive in let’s get one thing clear. While it is possible to make money from your new blog, doing so is not easy. It takes time and it takes a lot of effort. If you are looking for some get rich quick type of stuff, then starting a business blogging isn’t for you.

If on the other hand you are looking to build a legit business that can eventually start producing passive income, then keep reading my friend as you are about to learn how you can turn your brand new blog into a money making machine.

Affiliate Marketing

Affiliate marketing is a business model that allows publishers such as yourself to make money by promoting other people’s products.

You simply include your affiliate link in your blog posts and if someone clicks through and makes a purchase you will earn a commission.

The great thing about affiliate marketing is you don’t have to worry about any customer service issues. Your only job is to send traffic to various offers.

In order to be successful with affiliate marketing there are a few things key things that you must have in place. The first thing is an engaged audience. The key to making money with affiliate marketing is being able to drive massive traffic to your offers.

If you don’t already have an audience that means no one will be reading your blog posts. And if no one is reading your blog posts no one will click on your affiliate links.

So the first thing you need to do is work on building up your following. This can be done by sharing your posts on social media or by using paid traffic methods such as Facebook ads.

The second thing you need to be successful with affiliate marketing is good affiliate offers or product recommendations.

When looking for affiliate offers make sure they are products or services that will be beneficial to your audience. The last thing you want to do is promote offers based on how much the commission will be.

Your number one objective should always be to provide value and point your readers to offers that will help them reach a particular goal. If you focus on helping your audience you will have no problem making money with your affiliate offers.

A few great places to find affiliate offers are Clickbank.com, CJ.com, Linkshare.com, ShareaSale.com and ImpactRadius.com.

Running Ads

The second way you can make money with your blog is by running ads. Chances are you’ve noticed a few ads showing up on your favorite blogs. Those ads bring in revenue for the blog owner every single month.

Generally speaking blog owners will make money based on the number of impressions and/or clicks a particular ad gets. The amount you are paid per impression and/or click will depend on several factors including the niche your blog is in and how much traffic you are getting.

Making money with ads can be a very slow process as it takes a lot of traffic and a lot of clicks to get a decent check every month. But if you stick with it and continue to produce great content, you can eventually start to make decent money.

Getting started with ads is quick and easy. All you need to do is open a Google Adsense account, select what type of ads you want ran on your website or blog, add the code to your site and you are ready to go.

Be careful with how you place the ads on your website or blog as you don’t want to take away from the user experience. Test out different locations until you start getting a decent amount of clicks on each ad.

Create and Sell Your Own Information Products

The third and final way you can monetize your blog is by creating and selling your own information products. When visitors come to your blog they are looking for solutions to their problems. If you can provide products that help them solve those problems you can make money.

The best type of product to create and sell are eBooks. As long as you can type you can create and sell your own eBook.

Keep in mind your eBook doesn’t need to be 100 pages long. Readers don’t care about the length of your product. All they care about is whether or not it can help them move closer towards what they are trying to accomplish.

Once your product is complete you can use a service such as JVzoo to accept payments and allow buyers to instantly download it.

Please know that you can’t just write a bunch of nonsense and expect people to pay for it. In order for this to work you need to make sure your product provides massive value. You need to create something people wouldn’t mind paying for.

Like any business, it takes time to become a successful infopreneur. But once you write your first information product your mind will be opened up to a whole new world of possibilities.

You can eventually start creating more dynamic products such as video trainings and modulated courses. While the average eBook sales for around $27, video trainings and modulated course can easily be sold for anywhere between $497 all the way up to $9,997.

By selling higher priced products you can make more money by selling fewer products. Let’s say your goal is to make $10,000 a month. With a $27 eBook you would need to sell 371 copies to reach that goal. With a modulated course you may only need to make one sell which is a lot easier.

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