How To Make Money From Your Blog Today – The Absolute Beginners Guide
An absolute beginners guide to monetizing your blog.
The main 4 ways to monetize your blog in order of profitability:
1) AdSense.
AdSense is the simplest way to start monetizing you blog.
Adsense is CPC (Cost Per Click) advertising so you get paid when someone clicks on the link. Each click can be worth anything from 1c-$100 depending on your topic.
Here’s how to set it up in WordPress:
Sign up for AdSense with your google account at Google Adsense
Then install a plugin called Easy Adsenser to your WordPress blog.
Then set up your ads inside AdSense and copy and paste the code into Easy Adsenser in WordPress admin (Settings>Easy Adsenser).
Voila now you’re getting paid.
AdSense is the easiest to set up but gets the lowest returns.
2) Affiliate Ads.
When you promote someone else’s product on your website it is called affiliate marketing. Affiliate marketing is CPA (Cost Per Action) which means you get paid when a person clicks a link from your page then actually buys. In return you get percentage of the sale. If you have picked the right affiliate links to have on your website then these can get much better results that just CPC advertising with AdWords.
A great affiliate program to get started with is Amazon Associates. With Amazon if a customer clicks the link on your page then you get a commission on anything they buy at Amazon in that session. For more info check out Amazon Associates. The great thing about amazon is they have so many products it is easy to find stuff for your niche.
3) Conextual.
Contextual advertising is usually just an extension of CPA affiliate ads. But instead of displaying ads for a product you write about it. Contextual advertisements have the highest CTR (Click Through Rate) because they are directly related to the information on your page. For example,If I was talking about cameras and I said “I got an awesome Canon PowerShot Digital Camera for my birthday” that would be a contextual link. You can click it and try it out of you like.. ;)
Once again Amazon Associates is a great program for contextual adds because almost anything you talk about they sell so why not link up.
Another way to implement contextual adds is to do a product review. If I use some software that has an affiliate program, I could write a whole post reviewing the software and then drop the affiliate link in at the end. If readers click through and join up I get paid. This is very effective when reviewing products that are related to your readership.
4) Sell Your Own Product.
Selling your own product is the ultimate in profitability because you don’t share the profit. Also you can sell you new products to your existing customer base making your business grow even faster. Obviously you need something to sell first, but maybe you could keep this in mind as a longer term goal.
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I keep trying to find out what the best mix is. After 3 years I made $100 Google dollars. Forget Microsoft (M$) adds. Affiliates ads come and go when they see pay outs do.
I think that Google is now seeing the pain here – they have just announced a Webinar. Yahoo is all but dead.
Has the paradigm shifted to reflect the new economy?
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True in all info. But to make any real money no one seems to want to tell you you may need 110 to 1000 blogs with adsense ads on them.
Thanks, awesome article
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I think you can also consider CPM-based advertising. CPM are like adsense except for the fact that they pay per 1000 impressions… A lot of sites do better with it that the contextual thing
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Great info. I just started doing the amazon links a while back and have been pretty happy with them!
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As all tips are great I would certainly agree with google adsense and contextual text link ads as their going to be the consistent money makers for your blog. Selling your own product is really hard unless its something that people really need than its not as hard and by having affiliate ads they aren't that effective even though many of us bloggers do have them displayed on our blogs, too me I specifically use them to decorate my blog.
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Tim Scullin Reply:
April 30th, 2009 at 11:23 am
Thats a good point, using the right affiliate links can actually elevate people’s perception of your blog. If it looks like you are working with a big brand, readers put your site in the same league.
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I have a beginner's question. I have a blog with google's blogger. I can put affiliate ads on it or just adsense?
thanks
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Tim Scullin Reply:
May 1st, 2009 at 2:32 pm
I don’t use blogger but affiliate adds are simply links with a special code which identifies that you have sent them to the site. For example http://www.affiliatesite.com/1234 where 1234 is my identifying code. So any link you add can be an affiliate add. Also you can make images link to other sites and if you use your affiliate link then you have an affiliate add. Hope that helps.
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i have just signed up with the amazon affiliate program and i am still not earning a good deal of cash from them.,-~
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Monetizing websites, blogs, etc is a good way to earn some passive income.*,*
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