There are different ways of monetising your new blog.
The key and cornerstone thing, however, is to make sure the content you publish is genuinely useful.
After all, you will be using your blog to build a community online.
Bringing people around a topic to discuss, find help, share help etc.
But once you have built up the relevant traffic, you will want to have in mind some ways of generating the income.
Over the last 10 years of running websites and helping businesses online, I share the following methods of monetisation.
Common ways of monetising your blog
- selling web space
- Affiliate marketing
- selling other company’s products and/or services
- charge individual readers recurring fees to access resources
- Digital product sales
- sell your own digital products, like spreadsheets or courses etc.
- Physical product sales
- sell your own physical products, like branded merchandise etc.
These are just some of the types of ways in which your blog can pay you back.
When you get a moment, visit this site: https://empireflippers.com/
It’s a specialist brokerage for website owners.
They basically are experts in valuing websites of all kinds and then selling them on behalf of the owners to buyers in their online marketplace.
I share this with you not to get you looking a $$$, but simply to show you that…
…with every piece of good quality useful content you publish for your audience, you are adding SERIOUS amounts of capital asset value.
In the end,
If monetised well (and maintained for some years), not only can you earn a good salary for your labours,
But you can also get a significant lump sum payout on exit.
You should work hard on building your website every day. Add to the conversation REAL VALUE for your audience.
They visit, re-visit, subscribe and ultimate you pay you for your time.
More and more people are using the internet as a way of communicating. Especially in these times.
I’ll follow up with some resources on the monetisation types above.