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I cannot say enough times or with enough emphasis that affiliate marketing is the way to go when first starting out in internet marketing.
However, there are other ways to earn money by blogging. I will list several and we can discuss in the comments. If there is enough interest, I will write a post on each. Just let me know in the comments.
So there are really only 2 ways to earn money online: Sell other people’s stuff or sell your own. That’s as simple as I can get with this.
Of course, there are many ways to sell other people’s stuff. There are multiple ways to sell your own stuff, too. Below I break down how you can earn money with your blog.
- Sell your own stuff. You may not be an expert in anything right now (most people aren’t–especially the ones who claim they are!), but there are areas where you know more than others. For example, if you’re a mother of 3 children, you know a few things that you can teach a new parent. So—put together an information product, bundle it up in a PDF or Kindle eBook, and sell it.
- Sell other people’s stuff. This is also known as affiliate marketing. You know all about this if you’ve followed all the Lessons here.
- Sell ad space. Google AdWords is the most well-known, but there are dozens of other ad networks that pay you money to place ads on your site. You can also sell your own space without an ad network. OIO Publisher is a nifty plugin you can put on your blog where you define ad zones (like your sidebar) and collect money via PayPal. It’s easy to set up and you can begin earning money right away, especially if you follow the traffic tactics in the Lessons (18, and 25, 26, 27, 28, and 29)
- Sell a service. Of course, you aren’t restricted to using your blog to sell just digital products or affiliate goods. You can set up your blog to sell services, as well. You will find, actually, that once you begin selling your own products, the real money is in “serving after the sale.” Remember this for the future!
Everything else you may read or hear about around different ways to earn money from blogging are really just permutations of these 4 methods.