Currently, the form of making money through blogging with Affiliate Marketing seems to be a common trend, even though there are many people who do not simply blog “for fun” but behind that is a “terrible” income. The number here can be $300 – $500 per month or more $500 – $1000 per month.
How to make money Affiliate Marketing with blogs, how effective is it? Why should you use a blog to make money with affiliate marketing? Let’s read the following tutorial article to supplement yourself with the necessary knowledge!
I. What is Affiliate blog
Affiliate blog or affiliate site, affiliate marketing blog is a blog website used by publishers (marketing participants) to make money in the form of affiliate marketing.
Affiliate blogs develop in the form of Content Marketing with content marketing strategies related to products and services to attract potential customers to buy through the blog. It has all the features of a regular blog, but on these blogs/websites, affiliate links will be placed to earn money.
At this time, the publisher is the blogger, who builds and develops the content of the blog site. The process of making money of an affiliate blog consists of 3 steps:
- Step 1: Readers find your blog and articles through search engines (Google, Bing, Coc Coc…) or through social networks (Facebook, Instagram…), advertising.
- Step 2: Readers read the article, find content about products and services and feel confident in the writer.
- Step 3: Readers become customers by clicking on affiliate links on the blog through link insertion positions: banners, buttons, invitations… Then, if customers buy goods right away or after a period of time, you will receive commission. Due to the effective marketing of products, affiliate blogs are designed and installed specifically: optimized for interface, layout, menu, banner, article presentation…
II. What is the content of the affiliate blog page?
Mainly the content related to products and services, in which the affiliate link is cleverly inserted by the author into the content and blog layout. You can deploy many types of content such as: product news, product reviews, product comparison services, services, buying guides, where to choose products, prices, etc.
Tips, Product manuals, Report poor quality products, Share discount codes, promotions when buying products Affiliate marketing by blog, website is a popular method being used by many publishers for effective product promotion. This is also an MMO model that helps a lot of bloggers earn very high if done well.
Affiliate marketing is a form of promoting products and services of partners to end users and receiving commissions earned when users purchase goods, register for services, fill in information …
To start making money from blogging, check out the following online business models:
- Affiliate Marketing
- Offer a physical product or a digital product
- Subscription package
How to use these models? Let’s take a closer look at each monetization model right in the next content section below.
III. 5 ways to make money from Blog with online business models
1. Make money with ads: Place ads on blogs to make money
As a blog publisher, advertising can bring a significant revenue stream to your online content. Advertisers are willing to pay to be able to reach your audience. As with high-volume newspapers, the higher the cost of advertising on the site and the more popular the content, the more money you can make.
You can directly sell ad space on your website to businesses that want to appear alongside your content. That’s called direct trading. You can also use an ad network to have them sell ad space on your behalf. Ad networks work by serving content-tailored ads on specific pages of a blog.
For example, if the topic of your blog is adventure travel and you recently uploaded a post about a trip to Rekiavik, the ad network might show an ad about travel insurance, Iceland or warm clothes. Since you’re the owner of the site that displays the ad, the ad network pays you when a user views or interacts with the ad.
With the ability to select online ads that are relevant to your blog’s content and audience, many advertisers will be eager to pay to be able to display your ad space.
2. Affiliate Marketing: Make money through product recommendations
Affiliate marketing is when you display in your content a link to a product or service that is sold on another website. How it works: when someone clicks on that link on your website, they go to the affiliate’s website and continue with the process of purchasing the product you endorsed, you will receive commission on products sold.
For blogs with an audience of users interested in product recommendations, this can be a good revenue model. Informational, how-to or lifestyle articles have many opportunities to promote affiliate products.
Let’s revisit the adventure travel blog example above, let’s say you post a story about a trip to wild swimming spots. You can use affiliate marketing to recommend items – like swimwear, towels, and goggles – that you put in your luggage while traveling. When readers of the blog click on the link to the swimsuit you recommend, and then buy it, you will receive money from the blog.
To maintain the trust of your readers, you must ensure clear disclosure about your relationship with the affiliate. In many countries, you are required to disclose your affiliate relationship, so be sure to discuss it with an attorney before marketing to an affiliate. Also, keep in mind that the reputation of your blog is related to the product or service you promote, so focus on quality when choosing an affiliate partner.
3. Offer a physical or digital product: Sell to monetize the blog
Many blog owners make money by setting up an e-commerce platform, creating an online store, and starting to sell products. It can be a physical product or a digital product. In the adventure travel blog example, you could sell t-shirts with your logo or digital guidebooks about hot destinations.
Whether it’s a real or virtual product, you still need to set up a payment receipt system. When selling physical products, you must consider stocking, shipping arrangements, and tax handling, and the associated responsibilities. Digital items can be less complicated to store and ship because you can send them electronically.
4. Subscription: Collect recurring fees to add a new income stream
If your blog has an active community of readers and is eager to know more about your topic, you can implement another model for monetization, which is to use valuable content to generate long-term revenue.
In this business model, readers pay a fixed, recurring fee, usually monthly or annually. By collecting subscriptions or membership fees, you can generate recurring income. This kind of continuous cash flow gives you the ability to generate more accurate, predictable, and consistent revenue streams.
In return, you may allow registered readers or members access to paid content, community areas, learning resources, videos, or special services and tools. You can combine these elements to suit your blog.
If your blog is a good fit for training services, you can make money by organizing and charging online training courses or packages. When you create self-guided materials such as videos or downloadable e-books, you allow your members to learn at their own pace. As people take the course, you can gauge their interest in other topics to offer.
Developing an online curriculum can take a lot of time and resources, so you need an active audience to be able to monetize this model. Another way to increase revenue is to offer live video teaching and you will be paid by the hour.
Whether you offer services via online courses or teach on-demand, you can include options for students to have the opportunity to contact you via email or blog.
You will have a lot of options when it comes to making money from blogging. You can use a blog monetization strategy or you can combine revenue streams to find the one that works best for your business. If you want to learn more about how to make money online, let’s visit the Ola City blog more often.
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