There are have been some visibly changes in the blogging industry within the past years. I think we are seriously getting over the era of blogging for fun. While maintaining the core objective of web logs, which is to provide enormous value to readers, most blog owners are now seeking for better ways of filling their wallet from their blogs. The truth is, while providing you with some extra case once in a while, you can actually turn your blog into a dependable stream of income. Here are four tips to unlock the earning potential of your blog and turn it into an income stream.
1. RSS Feed Ads
Many bloggers are already leveraging the earning potential of this program to create even more earning opportunities. You can simply use Feed burner; it is simple to set up and use. Get Feed burner and set up rss feeds for your blog, then monetize your feeds. Google AdSense is one of the easiest rss feed monetization method which can be done with just a click using the served monetize tab. You will get paid when readers click on the ads served with their feeds. Once set up, your focus should now be on providing more value with every post while putting more effort to increase your rss feed subscriber base.
2. Product Reviews
You can also earn even more money by reviewing products on your blog. However, in order not to turn your readers off and probably create a bad reputation for yourself as a blogger, all your reviews should take a personal style with unbiased statements. To ensure this, it is important that you review only products or services you have actually tried or tested for the purpose of the review.
As bloggers, we should never forget the core purpose of blogs; which is to provide value. Hence the best interest of your readers must be the guiding principle of all your product reviews. To this end, you owe them an explicit explanation of your personal experience with the service or product you are promoting. This will not only increase the review’s conversion rate but also show your readers that it is not just about making money but to show them exactly what they may benefit from using the reviewed product or service. To further explain this point, you can add video reviews showing your visitors exactly how the product or service works with emphasis on its benefits and weaknesses. This is a strategy I am personally using on my coupon blog where I provide current coupon codes to a selected digital product service sites including Snapily coupon and Mixbook coupon.
3. Email Newsletters
This program is now being run on so many blogs. Newsletter is a means of collecting visitors’ email address in order to reach them with more tips, personalized services, resource suggestions and advertisements. By leveraging the power of newsletters, you can consistently bring visitors back to your blog. While giving you the opportunity to drive more traffic, it also provides you a means of making more sales and earning more through many other income streams that has to do with email marketing. It doesn’t matter if your blog is launched of recent, by encouraging visitors to opt into your weekly or monthly newsletter, you will gradually build a huge list that you can consistently monetize for a lifetime.
4. Sale Your Own Books
eBook sales is currently hot on blogs right now. Writing an eBook on your niche is among the ways of showing yourself as an authority in that niche, and many bloggers are already making a killing from this. This is how it works; do you blog about PPC, cooking, home decoration, dog training, or perhaps your blog provides visitors with current coupon codes to valuable service sites, like I do with Snapily and Mixbook sites? Take your time and go through the comments you have been getting on your posts. What do they always point at? Write this down. If you have been collecting their contact details, write them and ask what help they may likely need? Their responses will also put you in the right direction.
With your record, prepare a nice, informative eBook that aims to solve that particular problem and offer it for sale on your blog. In order not to kill your reputation, you can offer some pages of the eBook for free or throw up a couple of posts on the topic then put a more extensive explanation or guide about the eBook on a sales page. Unlike review writing and affiliate marketing, you will keep 100% of the money when you make a sale and you will continue to make sales for as long as you run the blog. Even with you email list, you can consistently remind your readers about your book, its benefits and the unequal bonus that follows every purchase; then wait and see more sales.
Blog monetization is not a new thing, but most people are doing it wrong with little or no success. Maintaining a blog is not that easy and you deserve a decent income from it in return. I believe by implementing any of the strategies explained above on your blog, it will fetch you a couple of bucks for a drink over this weekend to start with.