Blogging is one of the most on-demand business ideas in today’s world that can be done from anywhere, and anytime! The potential to make money from blogging in 2024 is substantial, but it does vary from person to person, owing to several factors.

Choosing the right profitable niche that you have a solid grip on, producing high-quality content that caters to your target audience, and understanding how SEO works are some of the basics you need to cover before you can even think of earning something through your blogs. In this blog, I’ve curated a list of 7 monetization techniques for bloggers that will help them to make money with a blog.

Displaying Ads on Your Blogs

I think that one of the most straightforward ways of making money out of your blogs is by displaying ads. Such a strategy involves you partnering with various ad networks to place relevant advertisements on your blogs.

Some of the most popular ad networks include,

• Google AdSense
• Ezoic
• net

Each of these popular ad networks offers different kinds of benefits to suit various blogs.

These ad networks link advertisers with blogs and websites looking to sell space for appropriate ad display. The owners of these websites can make money based on various models of revenue. For instance, the Pay-Per-Click model allows website owners to earn money every time a visitor clicks on the displayed ad within their blog.

By Affiliate Marketing

Affiliate marketing allows a blogger to promote the products of a company and, in turn, earn commissions and credit rewards for each sale or action that has been generated through their unique affiliate links.

When considering passive income via your content, this is probably the most useful technique. Once you’ve strategically incorporated affiliate links into your blogs, they can keep on generating passive income over time. This is applicable even when you’re not actively promoting those products.

When it comes to how to make money with a blog, affiliate marketing is one of the most prominent methods you can employ as a blogger. This method also lets you diversify your sources of income. Rather than relying solely on advertisements, you can now create a more balanced revenue portfolio.

Writing Sponsored Content

Sponsored content and posts are mainly collaborative partnerships between various bloggers and brands. This is another strategic approach that allows bloggers to create and publish content that promotes the products and services of different brands and, in turn, earn money.

One of the most critical aspects of writing a sponsored blog is that you need to be able to maintain high-quality content.

When the question arises can you make money with a blog, then I’ll say yes, you can. You need to employ methods like writing sponsored content as it is going to boost your income.

Several brands are eager to collaborate with bloggers who can create engaging, informative, and well-crafted content. Therefore, you must maintain good quality in all your blogs, to be scouted by brands.

Selling Relevant Products

Creating an eCommerce store is going to offer you a lucrative opportunity to diversify your income streams. Through an eCommerce store, you can sell relevant physical and digital products that cater to your target audience.

If you are talented enough to sell handmade items like jewelry, home decor, custom artwork, or even merchandise like t-shirts, coffee mugs, tote bags, and so on, it’s a plus point that you can do it all via your blogs now!

When it comes to digital products, you can sell eBooks, courses, and subscription-wise educational guides through your blogs.

Selling relevant products is a profound way of making additional income from your blogs in case you’re wondering how to make money with a blog.

Creating a Membership Program

When you set up a membership program, you allow your readers to sign up for exclusive access to certain content, benefits, or services. Members will be required to pay a recurring fee to be able to access your services as and when they want. This can prove to be a great source of passive income for you!

You can set up a membership program by incorporating a third-party application like MemberSpace to start earning from your blogs. Such an application is going to offer you with:

• Controlling the access of various readers to your content.
• Managing your subscription plans.
• Reporting and analytics.
• Customizing various levels of membership.

Offering Online Services

Another extremely efficient way to make money with a blog is by offering various online services like one-on-one consultation, online courses, and coaching services.

When you share your knowledge about a specific field of expertise and provide personalized guidance, you can create an effective revenue stream that will also help others succeed.

This was one of the methods I employed to earn a greater income from my blogs.

Collaboration with Other Blogs

When you collaborate with other bloggers, you can effectively enhance your blogging income while also enriching your connections and content quality.

Engaging in various collaborations with your peers is going to allow you to exchange ideas and perspectives. This will result in you being able to create more diverse blogs and cater to a greater audience.

Collaborating with other professional bloggers means that you can include joint ventures such as co-hosted webinars, bundled product offerings, and co-authored eBooks.

Such an initiative can go beyond individual efforts, thanks to the pooling of expertise, knowledge, resources, and audiences.

When there’s a successful blog collaboration, the financial gains can range from hundreds to thousands of dollars. However, this again depends on the scale and strategy of the partnership.

Partnering with Brands

Brand partnerships mean collaborating with companies directly. The potential earnings might vary widely as some brands are going to offer free products and services in exchange for a feature on your blogs. Other companies might provide monetary compensation based on the reach and engagement of your blogs in general.

Some of the most popular blog and brand partnership formats include:

• Exclusive discounts,
• Product reviews,
• Sponsored giveaways,
• Guest blogging, and
• Social media takeovers.

The first step towards successful business partnerships includes identifying and building a list of potential brands. You can reach out to these brands via their social media channels or by mailing them to explore collaboration opportunities.

Asking for Donations and Crowdfunding

Your audience will be, most of the time, your primary source of income. Besides that, they’re also going to be your community, your supporters, and the ones who will boost the engagement and reach of every blog of yours.

Embracing donations can prove to be a game changer for the financial stability of your blogs. Moreover, if you focus on social welfare, and doing something beneficial for the needy or the voiceless, your donation scheme is going to be quite fruitful in the long run.

You can incorporate donation buttons from platforms such as PayPal and Patreon to invite readers to support your blogs financially.

On the other hand, crowdfunding can be useful when you’re looking to publish a book or start a podcast series. Platforms like Indiegogo and Kickstarter, are going to be beneficial for you in this regard.

The most important aspect of this entire donation and crowdfunding thing is that you need to maintain transparency about your needs and objectives when seeking financial assistance from your readers. Communicate why you need financial support, and how you’re going to benefit the community.

If you’re still wondering, can you make money with a blog, then the obvious answer is yes, you can! If you follow the various methods that have been discussed in this article, you can make several earning streams for yourself, and lead a successful life as a blogger!

Blogging is one of the most lucrative forms of making money in the present world, and thanks to various approaches one can employ to make blogging an even more fruitful earning method, you should give it a shot!

Conclusion

The different methods by which you can make money out of your blogs in 2024 have been comprehensively discussed in this article. Make sure to have high-quality content every time, and choose a profitable niche, as these are the primary factors in ensuring you have a successful blogging career.

Do drop your valuable reviews and recommendations in the comments if you enjoyed reading this blog.