How can you monetize your blog in 7 ways and earn a passive income?

Have you ever thought that your blog can generate $1000 month-on-month without your intervention?

Have you ever wondered that blogging is a damn good business?

Let me make the ball game easy for you today.

As a blogger, it’s challenging to get started as you need to look after so many parameters.

But if you have only 1000 relevant organic traffic coming to your blog, you can still earn decent money.

The top 7 ways to accomplish your money blogging journey are as follows-

1.Selling your services:

You know your skill pretty well.

Then understand the market need.

Bridge the gap with your services.

People are there to avail of your services if you can provide massive value with your blog.

2021 is an era of freelancing due to the pandemic, and this trend is here to stay.

So leverage on it using your blog.

2.Affiliate marketing:

One of the lucrative ways of earning a decent amount is through affiliate marketing.

It is all about promoting other products or services through your blog.

You will earn a commission on each sale you will make through your affiliate link placed on your blog.

But keep it in mind as your reputation, and trust factor is linked with your audience; only promote products if used personally.

Trust me; it’s a passive source of income, so focus on promoting the best products you have come across.

People want to read a review article before making a sales decision, so your motto is to help them.

3.Advertising:

Though it doesn’t give your visitors a good user experience, it still contributes a decent income.

If you have 1000s of visitors coming to your blog, companies will place a banner ad to gain those audiences.

In return, you will get paid for the no of clicks happening from your blog to their platform.

4.Selling digital products:

When you are doing affiliate marketing, you need to analyze the products people search for and the market requirement.

You can conclude only after promoting other products if you don’t want to burn your fingers.

What I meant is you developed your own product, but nobody is ready to buy it.

In that case, you will lose a chunk of your money, and it is a foolish approach in today’s era.

After analyzing, you can build a robust product like SaaS products, info products, DIY products, Social media calendars and so on.

The most important aspect of selling digital products, or SaaS, is its scope of scalability.

You can aim at earning a hefty amount with the same product by selling it to multiple clients organically.

5.Selling books/e-books:

You can become an author and share your knowledge and experience with the world.

You can write a book and publish it through a media house or amazon, and even you can self-publish the book.

It will build your brand credibility and authority in your niche.

You can also write an e-book and share it with others.

In both ways, you can expect a hefty passive income if you can add massive value and articulate it in simple language.

6.Coaching/Consulting services:

a)Consulting:

It comes with experience, and it is an excellent source of passive income.

You are charging to help a brand with the strategy to improve their outcomes with your knowledge and experience.

You can charge hourly as a consultant, and your deliverability depends on how you can improve a brand’s business revenue.

b)Coaching:

You can roll out your coaching program eventually and do a group mentorship.

It is scalable, and it helps you to mentor a group of mentees at the same time.

As the e-learning industry is heading to attribute a market cap of $325 billion by 2025, you can not ignore this option if you have a dire interest in teaching others.

7.Speaking opportunities:

When you have a blog where you have 1000s of visitors, you certainly have a personal brand.

It will allow you to speak at many prestigious conferences to share your knowledge and ideas with people to help them get a better outcome.

These are the top 7 ways to make at least $1000 per month from your blog.

Now, what is stopping you from investing your time, money and efforts on your blog?

Remember that a blog is not only to make money.

It can shape your life with a strong personal brand across your country and, if you are lucky enough, then across the globe too.

If you have any other queries or if you want to give feedback, kindly provide it in the comments.