So you want to make money with a WordPress blog. Then only one revenue stream may not be so much profitable to you. You should start thinking of using multiple ways to generate income for your blog. There are many monetizing strategies that are commonly used today. Combining multiple income streams can really boost your earnings.
How can you make money with WordPress Blog?
Everyone uses different kinds of strategies for monetizing their blog. In order to make a good profit one should know how to monetize a WordPress blog. You should also find out what works best for you. If you are already making some money from your WordPress blog. Then this article will help you to maximize your revenue.
And if you are just starting out then this will help you a lot. In this article, I will tell you about the best strategies which are popular and most widely used today and are proven very successful in blog monetize.
10 Tips on How to make money with WordPress Blog:
You can add a section for exclusive content. There can be some sort of membership plan for visitors to get access to them. This is a good way of converting your visitors into paid subscribers. It can also be a forum page that works as well.
If there are a lot of people who enjoy reading your free content, then it is likely that they can definitely pay you to get something more. Your core audience always wants to support you.
If you are good at making products then this is for you. Sell your own products like eBooks, Audios, Videos, Podcasts, Paid courses. It can be any things from images to themes. You can bundle them with attractive schemes and offers like Black Friday sales, combo packs, etc.
There are many websites and blogs, which earn loads of bucks using this method. For example an ebook like “how to make money with WordPress“.
This method requires a good level of expertise. If you are an expert in any area and have good communication skills, then that’s all it takes to start coaching. There are lots of students out there eager to learn from you. Services like teachable can be very helpful in making online courses.
Consultation is more service-oriented. Service providers can do hourly paid consultation sessions with their clients and customers. You can use skype or telephonic calls for talking to your clients. It also helps in building long term business relationships.
By introducing a small store in your blog or website. It gives you an opportunity to sell merch or some custom-made items. The items related to your niche can also be added to the store. You can use Shopify or any similar platform. They make logistics easy for you.
It may not be very profitable in some cases, but still, you can get some support from your loyal visitors.
This program is simple you sell other items and you get some commission. All big e-stores are having affiliate programs for publishers. By using your referral link or code. There are even platforms that act as an affiliate network. Making it easier for you to find the right products that convert.
If someone purchases an item then you get a cut. It is very profitable and the commission rates vary for different products.
6.Direct Ad sales
Sell ad space in your blogs or website or get sponsorship. This method is very straight forward and very effective. You can either go for In-text add or Banner Ads both work fine. Add an advertising section on your blog so advertisers can contact you.
Find out the best ones with the high paying rates and is suitable for your website without affecting your blog.
You can run an advertising network on your website or blog like Adsense, Tribal Fusion, Clicksor, etc. Some of them pay a very good amount to the publishers.
They have many types of schemes and offers just check them all out and choose the best one. You can also contact directly with the advertisers and set a price.
It is another good way to monetize a WordPress blog. You can write paid posts or articles about other products or services. Tons of websites get paid for reviewing products and sites on their blogs. Some sponsors also give you a pre-written article to publish on your website or blog. And they get a backlink.
Websites like PayPerPost has a ton of options on their website. You can check them if it works for you or not.
Also Read: Best CPM Advertising Networks for bloggers
They are also a good method for making money with blogs. Many popular blogs in different niches have job boards in them sites like mashable. It is pretty useful as a strategy and it can also drive plenty of audience attraction to the blog. So it is a win-win.
You can use a subscription model for both recruiters and freelancers.
It is not a strategy but still many use it. Simply adding a donate button in the blog which is tied to Paypal. This can only happen if you have a large readers base and they are loyal enough to support you. It is a good option if you are working with a non-profit organization.
But here is the catch you should not be using any other income streams. It can’t be considered as an income stream for the most part. Still, it can make money on WordPress. Donation mostly works on websites that do not have any other monetization methods.
Hope you got the idea on how to make money with WordPress. These are the main ones but there are plenty more. But these seem to be the most profitable. You can use more if this is not enough for you. Lastly, make sure to share this article on social media. If you think I missed some then do tell me in the comments. I will really be happy to know. Peace