Today we continue with 8 more ideas to monetize your blog!
Write an eBook: Everybody seems to be writing an eBook these days, so why don’t you give it a try. You could write an eBook about almost anything. Maybe you could write a book about your experiences at renovating your house that people might find useful. While you can then sell it on Amazon, you can sell it directly on your website as well! This way you get 100% of the sale price and you get traffic to your website.
Write a Hard Cover Book: This could be a continuation from writing an eBook. If you are a good writer you could publish your book in hard cover or paperback form. You could sell this on your website.
This method is usually only successful for authors that have an existing following. An author may have a successful book that they then build a website around to promote it to a global audience. It can work the other way however. Many people have built a successful blog first and then written a book that has sold well.
If you are a good writer then this could be a good option for you. You can then find a self-publishing site, such as iUniverse that lets you publish your very own book.
Product Reviews: This is basically the same as Affiliate Marketing, but more obvious. You can write detailed reviews about products and publish them on your site. Obviously it is better to review products that are related to your website, as you are catering to your target audience. There is no point writing a detailed review about a solar panel for your roof, if your website is about scuba diving.
Many people can build a website solely around product reviews, writing about a variety of subjects such as, hotels, holidays, cars, gadgets, films, etc. If that product has an affiliate program, then you can make quite a bit of money from it.
Write Tutorials & Guides: The internet is a great place to find information. Everyone searches for tutorials detailing how to do something. You are reading a guide yourself on ’Ways your Website can Earn you Money’ right now!
Some people know very little about cars, and would find tutorials and guides useful explaining technical things that they don’t know. For example, a guide listing ‘Help on buying a new car’ or ‘How to service your own car’ would be very useful to them.
Everybody knows something that they could teach to another, so why not write about it and publish it on your own website. If it’s a particularly popular niche that you are writing about, then you could attract a lot of traffic!
Teaching Programme: The next step from writing tutorials would be to create an online teaching course. You could charge people a membership fee or a fixed amount for joining a course that you have set up. These courses could be about anything and could include podcasts, videos, tutorials, etc.
For example, you may be an expert photographer. You could set up a 2-week online training course detailing how to be a better photographer. You could make videos describing all of the different equipment that you might need, techniques that help achieve excellent quality photos, etc.
You need to make sure that the information that you offer to your paying customers is different to any free content that you offer on your site. You will receive a lot of complaints if you just charged people $100 for information that they just read in your free blog! You can only charge people premium prices for premium content.
Live Workshops: The next step from creating an online teaching course is to have a live workshop. Live workshops let you interact with your audience and find out what they like about your website. People who come to your workshops get to meet you and ask you questions face-to-face.
Many people find these types of workshops appealing as they can get so much more out of it, than just following an online tutorial. This is why some people are prepared to pay a lot of money to attend these workshops.
As well as charging people for a ticket, you can make money in other ways from these gatherings. You can promote your own products or books at the end of each workshop. If you invite guest speakers to attend your workshops, then you can also collect a percentage of everything that they make from promoting their own products. You can also record the whole event and upload it to your website afterwards.
Workshops aren’t hard to arrange. Many hotels and offices have conference rooms that you can book for an event. Once booked, you have a date to promote to your readers of when the workshop is taking place. You just have to prepare some kind of presentation, and keep advertising your upcoming workshop.
Host a Webinar: Webinar’s are basically a live workshop online. People go on to Webinar’s to hear you talk about your specialist subject. This is great for people that live over-seas that can’t get to one of your workshops.
You make money from Webinar’s by charging an individual for a virtual seat on your presentation. They pay to watch you perform your presentation online and they can interact during the process.
Webinar’s can incorporate power point presentations, web-cams, photos, microphones, polls, etc., making them fully interactive with your audience. Questions are usually left till the end of the Webinar, where each viewer has the opportunity to ask any questions that they want to you.
You don’t have to charge your audience anything to view a Webinar that you are conducting. You could just use it as a marketing tool promoting your website, but the majority of people often host an initial Webinar for free and then charge people for the subsequent ones.
Create & Sell Your Own Product: We are a society of consumers! If you have a product that you have made, then why not sell it on your website. Maybe your hobby is pottery and you want to sell off some of your work, then sell it on a website. If they are popular, there might be a full-time business for you!
The good thing about this is that compared with selling a product in a shop that has a small customer basis, online you have the world to sell your product to.
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