Is blogging your hobby, and do you share your experiences, thoughts, and business ideas through WordPress? You selected the right platform, but WordPress blog monetization is challenging because you need to implement appropriate monetization strategies.
This blog post will help you explore how to earn a decent amount of money by monetizing your blog like a pro.
How to Monetize Your WordPress Blog – 7 Practical Ways
Luckily, you do not have to burn the midnight oil for WordPress blog monetization purposes. You can monetize your WordPress blog by following seven simple yet results-driven ways:
1. Affiliate Marketing
Affiliate marketing has become one of the most effective methods to make your WordPress blog profitable over a longer period. Unsurprisingly, affiliate marketing constitutes 15% of digital marketing revenue.
For that reason, you will have to market third-party products and services in your blog posts or articles as an affiliate marketer. When writing an affiliate blog post, you will describe products in your blog posts and highlight such products using special affiliate links.
By following these affiliate links, visitors can purchase products mentioned on third-party websites instantly.
Blogs are usually considered the best platforms for promoting affiliate products since you can easily write a review of a product and sell the product on your WordPress website.
Thus, you can earn a small affiliate commission in return. Consequently, you can turn these small commissions into a handsome amount at the end of the month or year and enjoy a lavish lifestyle.
2. Sponsored Blog Posts
Sponsored blog posts help you earn a decent amount of money consistently. For example, numerous brands or businesses can contact you if you are an experienced writer for product promotion.
If you write product reviews regularly, you can build meaningful relationships with brands you have already covered by contacting them.
In case companies or businesses do not approach you for product promotion activities, you can reach out to them efficiently, stating your purpose. Thus, you will likely make a sponsorship deal with them.
3. Write and Sell Exclusive Content
Besides sponsored blog posts, you can consider writing exclusive content that you can easily sell to your target audience. Exclusive or premium content provides valuable insights to your readers.
This means they must look different compared to your standard blog posts in value and information. Additionally, the content should highlight topics and areas related to your blogging niche.
Here are a few types of exclusive content you should know:
As mentioned earlier, exclusive posts need to offer valuable insights to new and existing readers. You can write these posts from scratch, or you can expand on your already published content pieces.
Printable Blog Posts:
Frankly speaking, you can transform your long-form content pieces into printable PDFs. As a result, you can promote them on your new pieces and sell them to your readers.
Moreover, you can include additional content to these PDFs to grab your readers’ attention. The additional content may include a summary or worksheet in case you have compiled PDFs of instructional posts.
The story continues as you can benefit from other forms of exclusive content like consulting, webinars, podcasts, photo collections, etc. All these types help you earn a sizable income. In short, anything you can put behind the paywall is a lucrative deal.
Electronic books, commonly known as e-books, have become a new normal in the post-pandemic era. They are cost-effective and allow you to inspire your readers as you can create them by changing your old blogs completely.
Interestingly, you can convert your old blog posts into a simple yet understandable format for your target readers through video content. For instance, Udemy, Coursera, etc., are leading platforms that enable thousands of teachers to sell their courses online.
You can charge a small fee to students willing to take your course to enhance their learning.
You can convert your WordPress blog into a profitable e-commerce store online. For that reason, you will have to use a plugin that lets you achieve your objective.
For example, if you manage a restaurant website besides writing blogs on food niches and want to streamline your restaurant’s online ordering system within minutes, you need to add the Restaurant for WooCommerce plugin to your website.
By doing so, you can let your new and potential customers order their favorite foods online hassle-free. You can get this impressive plugin at the cost of $9.56 per month.
Advertising enables you to earn passive income from your WordPress blog appropriately. You can display ads on your blog and start making money straight away. You can take advantage of Google Adsense, which allows you to display relevant ads on your blogging site.
You can change your WordPress blogging site into a membership blog site. This way, you can grant access to your readers that helps them read exclusive content. Luckily, this method works every month, so you will likely earn a decent amount of money regularly.
WordPress blog monetization is a simple task. However, you need to know about different money-making strategies that help you make your WordPress blog successful.
All these monetization tactics we have described above enable you to enjoy meaningful returns, provided your blog website gives value to your readers.
Frequently Asked Questions
WordPress is one of the most popular CMS (Content Management Systems) available throughout the world. If you are a blogger and want to customize your website, WordPress is the right platform for you.
It is not as difficult to monetize a blog as you think. However, it is a time-consuming task that needs effort, patience, and a lot of creativity.
If you are willing to increase your blog readers or visitors, you should create long-form content. Moreover, you should grab the attention of your current and potential readers by writing trending or viral topics.