How To Easily Monetize Your WordPress Blog- Full Guide for Beginners
Monetize Your WordPress Blog – Introduction
Here are the top methods to monetize your WordPress blog in a few steps. As you know blogging is a great way to make money online. You can build a sustainable income stream as a side hustle or full time.
If you want to start a blog, you need to use WordPress. WordPress is the most popular Content Management Systeme. It’s perfectly suited for blogging and managing other content formats.
According to a w3tech study, WordPress empowers 37% of all websites on the internet.
However, if you start a WordPress blog, you need to monetize it to make money.
So if you want to know the best ways to monetize your WordPress blog in 2021, you’ve come to the right place.
In this post, we’re going to cover five ways to make money blogging.
What’s unique about this post is that we’re going to cover the income opportunities that provide a high-potential income and are SUSTAINABLE. So, you’ll be able to grow your revenue in the coming years.
Here’s what we’re talking about in this blog post:
- Affiliate Marketing
- Display Ads
- Offer Services
- Online Courses
Let’s dive right in.
Affiliate Marketing is a great opportunity to make money online. There’re bloggers like Jon Morrow how to claim they make over 100k a month in affiliate revenue – that’s a lot.
Affiliate Marketing is when you recommend a product to your readers and they buy it through your affiliate link AND every time they buy one of the products you recommend, you’ll get a commission for the sale.
For example, let’s say you write about books and want to sell books through the Amazon marketplace. You may include links on your website to a few books on Amazon. When people click on your link, you’ll get a commission for it.
Some times, you’ll get a one-time commission and some times you’ll get a lifetime commission. It all depends on which product or service you recommend.
If you want to start with Affiliate Marketing, it may be a good idea to start promoting products or services that you already use. It’s not a good idea to promote a product just because of better commission conditions – it’s not ethical.
Display Ads is an easy way to monetize your WordPress blog. Depending on which provider you choose, you’ll have to install a script on your WordPress site, and you can start displaying Ads.
Every time a user clicks on an advertisement, you’ll get paid. It is different from Affiliate Marketing. With Affiliate Marketing, you’ll only get paid if the user finally buys the product or service you recommend. With Display Ads, you’ll get paid no matter if the user purchases the product or service. This model is a so-called CPC model. CPC means cost per click.
The downside of Display Ads is that you need a large amount of traffic if you want to make a lot of money. Google Ad Sense is the most popular display network, and the commission per click can raise from $0.2 to $15 – It all depends on which niche you’re targeting.
So finally, it may be a good idea to combine Affiliate marketing with Display Ads.
The value of the global eLearning market is proposed to be $406 billion in 2024. That’s huge. But it’s also understandable because eLearning needs 90% less energy and produces 85% fewer CO2 emissions per person as traditional learning.
Another benefit is that you can sell online courses for a much higher price than eBooks. While most eBooks cost between $49 to $99, you can sell courses for up to $5.000.
If you want to create a highly valuable online course, you need to create a ton of content. This includes videos, pdfs, slides, checklists, and so on.
You can also create different pricing plans for your courses. You can charge a one-time fee or you can charge the users of your course a monthly flat fee.
In the second case, you’ll need to upload your content regularly and add new content to the course so that your customers will stay with
you – you may also offer support for your online course.
Selling services online is the easiest way to make money, especially when you’re just starting with blogging.
There are no upfront investment costs you need to pay. You only have to create a “work with me page” on your website and wait for your first client.
Offering services on your website is also a great way to make your first business connections. You’re able to connect with lots of people, and it will be much easier for you to grow your business in the future. You will also have much more money available to invest in your business – right from the start.
Offering services on your website is a great way to start your online business.
In the first place, webinars are an awesome way to promote your business. You can build your audience, get more leads, and finally make more sales.
However, you can also sell Webinars. The big benefit is that you can charge people a one-time fee for visiting your Online Webinar. And lots of people can join your webinar at the same time.
It’s also beneficial for your customers because, in contrast to an online course, they can ask you their questions in person.
If you want to create a webinar, you need to have a lot of expertise – it’s the same as with online courses. If you can’t provide awesome content, your webinars will only go to fail.
Also if you plan to do a webinar, you need to make a webinar that takes one hour or more. For 1 hour-long webinar, 67% is the sign-up rate, while 30-minute webinars only attract 8% of registrations.
Make Money blogging is GREAT. However, don’t think that blogging is a “get rich quick tactic” – it’s truly the opposite of it.
If you want to become a successful blogger, you need to spend months writing awesome content and building quality links to your site, besides building a great website with an amazing web design.
However, if you plan to start blogging, go for WordPress. It’s the absolute best choice if you want to have long-term success.
Since user experience is extremely important for SEO reasons when it comes to building a successful site, I definitely recommend checking out the best companies to build you a website.
Also, you should certainly optimize SEO on your website and so, If you set the foundations right, you’ll be able to grow your blog and your audience in the coming years.