Making money while sharing your thoughts, insights, opinions, and so on is not a new idea by any means. A lot of blog writers earn from their blogs using common techniques, such as affiliate marketing or simply displaying ads. As popular as those options may be, there are a few other viable ways to make some money from your writing. These are the 3 overlooked ways to monetize your blog.
Email marketing
If your blog already has some traction and you are posting somewhat regularly, allowing your readers to subscribe and get notified via email when you make a new post is a great option to keep them up to date. As you ensure that your readers will not miss a single post, you are also collecting a list of emails that are interested in what you have to say.
With that in mind, you can start creating various email campaigns that blossom from a simple notification regarding a new blog post to a full-blown newsletter. By utilizing this technique, you can start doing product placements for various companies, ensuring a rather steady money flow. You can also add some paid ads there, further increasing your income.
Email marketing is not something that many bloggers do, and they are missing out on a great monetization opportunity. With email marketing, you will not only let your readers know about new posts but also about new and amazing products that you endorse. And, best of all, you will get a taste of this multi-billion dollar industry.
Referral marketing
More often than not, people tend to think that referral marketing is something that only YouTube or other social media creators can do. That is not the case at all, as you can make use of referral marketing on your own blog.
Simply put, referral marketing revolves around inviting people to join a certain service using your referral link. In most cases, by using your link, readers will get a bonus during registration to the said service, and you will also receive a reward.
To illustrate this better, take the Honeygain app as an example. It is a passive income app that has a simple yet effective referral system. If a newcomer joins using your link, they will receive a $5 bonus immediately, whereas you will get the equivalent of 10% of their earnings on the app.
The app itself works automatically in the background and shares your internet bandwidth with its network. For this, you get credits (10 MB of traffic shared gives you 3 credits, and 1000 credits are equal to $1). Once you have $20 worth of credits, you can payout to your PayPal account or your crypto wallet with the JumpToken (JMPT) option. This is a cryptocurrency created by JumpTask, a micro-task platform and a partner of Honeygain.
By advertising your referral link to this service on your blog, you will attract new users with the incentive of getting a $5 sign-up bonus. On your end, you will get a boost to your own earnings, meaning that you will keep on reaching the $20 mark over and over again.
Sponsored posts
Making use of sponsored blog posts is yet another overlooked way to monetize your blog. Basically, sponsored posts are texts that are sent to you by a certain company, with a not-very-obvious advertisement of their product and a link to it.
Using sponsored posts is a great way to earn some money as well as save a bit of time. If your creative juices run out, using a text written by someone else can be a lifesaver and also bring you income.
As effortless as it may sound, you should check the texts provided very carefully, as they need to match the overall style of your other blog posts. Something very different from your usual style will result in confusion and a possible loss of readers.
You should also do research about the companies that approach you. Putting up a sponsored post for a product that is fraudulent could lead to a reputation blow. Also, advertising posts that are in no way related to your blog and its overall content will also seem out of place, and that is not a good thing.
The possibilities here are almost endless. You can dabble in the gigantic market of mobile games by putting up a sponsored post about one, and you can put up sponsored posts about various kitchen utensils or anything else. Just make sure it fits the style of your blog.
All in all, if the most popular blog monetization tactics, such as affiliate marketing, advertisements, and selling products directly, seem too overused, try out these overlooked ones. Experiment to check which one brings the best results. And keep in mind that no one is forcing you to use just one of them.
Also Read: Blogging Tips To Boost Conversions
