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Thursday, 21 January 2016

Making Money with your New Blog - Monetizing Basics

Most bloggers will start off their venture in the hopes of earning big from their blogs. And not without reason either. Multitudes of people are earning a decent sum online. You can too. Earning money from your blog while sitting at home is like a dream for most, and yet, is a reality for many as well. It isn't difficult, it just needs some dedication, and the right guidance. In this post, well talk about monetizing your blog to make money online.



Before you move on, do take a look at some of the basics of blogging that we've covered so far.
Part 1: How to create your first blog - what platform to choose?
Part 2: Replace your blogspot domain with a Dot com domain From Godaddy
Part 3: Choosing best web-hosting for Blogger blogs
Part 4: 5 most practiced Ways of building Active blog Readership
Part 5: Basic SEO Tips for a Newly Launched Blog - Beginners Guide
Part 6Making Money with your New Blog - Monetizing Basics

Google AdSense

Google AdSense is perhaps the most widely known advertising network, so much so that a lot of people, especially new bloggers don't know of any others except Google AdSense. So quite naturally, it'll be the first thing they apply to. Agreeably, Google AdSense is a good starter for beginners, and every blogger should try it at one point or another. However, for earning real hard cash, you'll need to look into some other networks.

Google AdSense is mostly a CPC network. CPC stands for Cost Per Click, and means that you get a certain amount for every click you get on your ads. You can also employ CPM (Cost Per Impression) as an AdSense publisher. CPM gives you a certain amount on the completion of a set Impressions target (for example $0.1 for every 1000 Impressions or views on your ads).

Here are some articles that will help you get the most out of your Google AdSense ads.

BuySellAds

Google AdSense is good in as far as 'getting-the-wheel-turning' is concerned. But these days, almost every other website is getting approved by Google AdSense, which has driven the ad-space and  competition up, and the cost down. That's why you get so little revenue per click.

This is where BuySellAds comes in. BSA does not operate like Google AdSense. Instead, they are Direct Ads. There's a marketplace where you get listed once you pass the BSA criterion of having over 60,000 unique pageviews per month. Advertisers can then pick you from the list, and choose you for hosting their ads based on your niche. This is one of the reasons why you should have a clearly defined niche, because it'll then be easier for sponsors for your niche to find your blog and advertise with it. Once you get picked, you get paid for putting up an ad for a certain period of time. Simple, yet effective. BSA is one of the biggest source of income for many intermediate to professional bloggers out there.

Read these articles to get a better idea about BuySellAds
  • How to find sponsors for your blog?
  • How to update public stats in BuySellAds
  • The Pros and Cons of Direct Ads
  • Style BSA empty Ad spots with CSS

Affiliate Ads

Affiliate Ads are yet another form of advertising, and they are based on compensations/commissions. The idea is, you promote a product or a service, get people to actually buy it, and then you get a certain sum as a reward for 'referring' that buyer.

This concept is pretty widely used now. Companies need to grow, and for that, they need customers. They'll do anything to get customers, which is why most online products and services, and even some offline companies too offer rewards for referrals. If you do it right, affiliate marketing can become your single largest source of income.

We here at MBT often share discount coupons from HostGator with our readers. HostGator in this case is acting as the host company, and will reward anyone who can bring in customers for it. If you visit their homepage, you will see how you can even earn $2000+ in one month just from referrals!

Here are some posts that ought to help you out with Affiliate Marketing
  • Why is Affiliate marketing better than Google AdSense?
  • 7 Important Affiliate marketing tips
  • Are affiliate ads better than direct ads?
Got questions? Please feel free to ask in the comments section below. And please, try to keep it relevant. Thank you :)

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