Everybody wants to make money. And everybody looks for ways to make money. But everybody does not know that blogging with WordPress is an effective way to make money.
The capabilities of the WordPress platform are immense. It is the largest publishing platform and powers 30 percent of the total websites.
You can earn money by blogging with WordPress, and what you get parallelly is flexibility. You can work from anywhere and on your own time.
You will reap monetary rewards if you put in sincere efforts. And you can practice blogging regardless of your age.
But, before you start blogging, you should own a self-hosted WordPress blog. You also can delegate the task of hosting your blog to a trusted agency that offers WordPress development services.
Here are the proven ways to make money online blogging with WordPress:
1. Monetize Your Blog Content
Advertising is not the only way of monetizing your blog content. There are multiple ways of earning money from blogging, such as:
a) Affiliate Marketing
You can recommend a product or service to your audience using tracking links. It is called affiliate marketing. When people buy the product after clicking the link, they get a referral commission.
To get started with affiliate marketing, you should decide the products carefully. Then, promote products that your readers are likely to buy.
You can promote products from many websites, like Amazon, Commission Junction, ShareASale, etc. After selecting the products to promote, use a WordPress plugin like PrettyLinks to manage your affiliate links.
b) Google AdSense
Google Adsense is a proven way to make money from your blog. You will get paid whenever any user clicks on the ads. To include Google ads on your blog, you need to add a script from Google to your website.
Such ads are also called cost per click (CPC) ads, and the advertiser sets the cost.
c) Sell Ads Directly Using a WordPress Advertising Plugin
If you sell a banner ad space on your website, it can be an earning opportunity. The advantage is that you can negotiate the price independently without relying on an intermediary, who will take a cut of the money.
But, you need to do some work, like negotiating the pricing, draw up an agreement and terms, and invoicing.
d) Sponsored Blog Posts
If you do not want to display ads on your blogs, sponsorships are an alternative to making money.
There is a downside to including ads on your blog. There arises the possibility of some readers getting annoyed by ads. As many people use ad blockers nowadays, your earning potential can get hindered.
In a sponsorship, you will get paid by the company for promoting the product to your readers.
But, you should make your blog appealing to advertisers. You can publish a one-page media kit about your traffic statistics, social media following, and audience demographics. Subsequently, you can approach companies to negotiate a sponsorship.
But, acquaint yourself with the disclosure laws in your area before publishing sponsored posts.
e) Write Reviews
You can also get paid by writing paid reviews on your blog. For example, you can try out a few products and write their reviews for free initially. Then, write reviews of the products that your audience can be interested in. Subsequently, you can approach companies to negotiate about writing paid reviews.
2. Paid Membership
If selling ads or sponsored posts do not attract you, there are other ways to monetize your blog. For example, you can have certain paid portions of your content. Visitors need to pay to access those portions.
The following are the ways to incorporate paid membership on your blog:
a) Exclusive Content for Paid Members
Your loyal readers can be willing to pay to read your exclusive content. As such, you can create an exclusive area for them on your blog to share in-depth blog posts, downloads, videos, audio content, etc.
But, you must continually create premium content for your paid members to keep them attracted to your blog.
The WordPress membership plugin helps you to create memberships.
b) A Private Forum
Creating a private forum is another way of earning money from your blog. Users must pay to access a private forum, which can be a place for your audience to get one-on-one advice from you.
c) Questions & Answers Community
Creating a question and answer community can help you motivate and engage users apart from monetizing your blog.
You need to invest some time to build a community. Once you create the community, you will earn money from advertisements and affiliate ads.
You can also get ads and sponsorship deals from companies.
3. Sell Digital Products
Selling your digital products can be a good way of earning money from your blog. But, you need to devote time to create the products.
The following are the digital products that you can sell on your blog:
Ebooks can be one of the digital products you can sell on your blog. You can write them quickly. If you have been blogging for a while, you can make some old blogs chapters of your ebook.
After you write your ebook, you can design using a tool like canva and then convert it into a pdf. Besides, there is a plugin in WordPress to sell digital products.
b) Online Courses
Selling online courses is another effective way to monetize your blog. Usually, the prices of online courses are higher than that of ebooks.
In addition to creating the courses, you can include the supporting materials, such as downloads, slides, checklists, templates, etc.
After getting everything ready, you can use a learning management system (LMS) plugin to deliver the course to your audience.
c) Host a Paid Webinar
When you host a webinar, you can connect with your audience, share your experience, and grow your business. And at the same time, you can also make money.
With WordPress, you can host a paid webinar easily. But, first, you need to announce the dates of your webinar and register participants.
4. Sell Services Online
Selling services online is the best way to get started quickly. As there is no upfront investment of creating a product or investing in inventory, you can quickly start selling your services by just a “hire me” page on your blog.
You can consider selling the following services:
a) Freelance Services
You can earn money by offering your skills and expertise as a freelancer. It neither requires an upfront investment of time or money. You can start by targeting your current audience.
After you start offering services as a freelancer, you need to collect payments from your clients. For that, you can use the FreshBooks invoicing plugin of WordPress.
b) Your Own Consulting Business
Consulting is an effective way not only to monetize your blog but also to share your expertise. As a consultant, you will offer advice and strategy to your clients.
There is also no upfront investment required. But, you need to create a page with a form to allow users to request more information.
5. Sell Physical Products Online
Selling physical products online can be another effective way of making money from your blog. You can sell physical products from your blog in the following ways:
a) ECommerce Business With WooCommerce
If you have an idea of a niche product, you can start your online store in WordPress. Then, with a free WooCommerce plugin, you can add an online store to your existing blog.
But, running an online store can involve a lot of work because you need to buy or create the products and ship them out.
b) Create an Amazon Affiliate Shop
If you want to set up an ecommerce store but do not want to take the trouble of managing the procurement and shipping of the products yourself, you can set up an Amazon Affiliate shop.
It will help if you select a niche because you cannot offer everything that is on Amazon.
6. Become a WordPress Designer or Developer
If you are technically skilled, you can become a WordPress developer or designer. It will help you to make money.
a) Develop WordPress Plugins
You can develop WordPress plugins and submit them to the WordPress.org plugin directory. But follow the requisite guidelines. Of course, you can also use your blog to sell plugins. But make sure that the plugins you develop will be relevant to your audience.
b) Sell WordPress Theme
You can also create your WordPress themes to sell on your blog. Developing beautiful designs and coding them for WordPress are the essential prerequisites.
So, if you want to make money, start a WordPress blog and start with many aforementioned ways of monetizing it. All the best!