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The Sure-Fire Approach to Monetizing a Blog

Posted by on 19th Jan 2011 Blogging 10 comments

It can be frustrating building a blog for months only to discover it is almost impossible to monetize it when you try to do so. Many people start a blog because they want to make money from it and it won’t be a good thing to see all their efforts wasted.

As far as monetizing a blog is concerned I made a lot of mistakes I’m not proud of and my main reason for writing this article is to make sure those who read this article don’t make the same mistake. This article will be giving you some tips to ensure you get the best from monetizing your blog.

Decide Your Approach From The Onset

One great debate in the blogosphere is that of monetizing a blog. A lot of people have argued that monetizing from the beginning is the best approach while others believe it is not. When I started blogging I followed the monetize later approach but I discovered it wasn’t the best for me.

Don’t delay monetizing your blog because you’re unsure it is the best for you but sacrifice your time to see what will be better for you – If you’re confused you might want to take a look at some top, average, and new blogs in your niche and see which approach they follow. If you can’t find out what you need you can contact their owners to get more details from them.

A great way to decide which approach is better for you is by having a crystal clear understanding of why you’re blogging. If your number 1 reason for blogging is to make money from your blog you will get the best result by monetizing from day one because you will be able to learn a lot of things along the way and you will also be able to tweak your earning system in a way that will guarantee you stable results over time.

Know Your Audience

A major factor that influence your monetizing decision and the results you get is your audience. The way you will monetize a blog that talks about making money online and the approach you will follow will be completely different from that of a blog that helps you improve your English language. If you take a look at the make money blogging audience you will notice that they are used to clicking ads, paying for services and downloading digital products from almost any blogger but if you take a look at the English learning audience you will notice that they don’t just buy anything but are highly selective about what they buy; first, they are not used to buying digital products and secondly they don’t just buy from anybody but from someone they so much trust and respect. Following the “monetize first” approach will be highly effective in the make money blogging niche while following the “monetize later” approach will be the best option in the English learning niche.

Take Action

This is the problem faced by a lot of bloggers, especially those following the monetize later approach. I followed the monetize later approach as a blogger and my major problem was taking action, I will be telling myself that I want to create a services page to start monetizing my blog, I want to create a resources page etc. but the truth is that I never got started with anything. This continued for months and I never knew how much I was missing, I was able to force myself to take action and it end up bringing results I could never imagine. There is nothing much better than taking action, no matter what decision you take!

Onibalusi Bamidele is a young blogger and freelance writer. He teaches people how to write for traffic and money on his blog. Follow him on twitter - @youngprepro.

10 comments - Leave a reply
  • Posted by richard on 20th Jan 2011

    I think there's no set formula. I've always felt that you should set your style and the audience will adapt as they get to know you and develop that relationship with you and your blog.
    My recent post 5 Traits of an Outstanding Blogger

  • Posted by Jane on 20th Jan 2011

    Not just with monetization, blogger hesitate taking action in almost every step like writing an ebook, writing a guest post and so on.

    With monetization, depending upon how early we start we can trial and error different monetization techniques. So our learning curve with monetization will be in sync with the growth of the blog so that once the blog becomes established, we also would have found out the right methods that work for us.

    Jane.
    My recent post Effective Personal Finance Management for Students

  • Posted by dotCOMreport on 22nd Jan 2011

    Even those that only write as a hobby look for how to monetize their blogs so this is a great post. You are right that it is important to decide from the get go what and how you want to monetize. But even if a blogger did not decide on time, it is still possible to monetize a blog. If the blogger has already built an audience, it might be tougher but depending on the niche, most audiences do adapt to changes on the blog.
    My recent post Google’s Problems in the European Union

  • Posted by Sarkari Naukri on 23rd Jan 2011

    My view is to try different monetization techniques every time to get the result.

    Varun
    My recent post Vacancies in Guru Nanak Dev University for Teaching and Non-Teaching posts – January 2011

  • Posted by mike on 18th Feb 2011

    For me it was a no brainer – monetize from the outset. It gave me the chance to figure do the figuring out how to motetize early on so I didnt waste the higher traffic levels later.
    My recent post Crowdsourcing mobile coverage data

  • Posted by mike on 18th Feb 2011

    For me it was a no brainer – monetize from the outset. It gave me the chance to figure do the figuring out how to motetize early on so I didnt waste the higher traffic levels later.
    My recent post Crowdsourcing mobile coverage data

  • Posted by mike on 18th Feb 2011

    For me it was a no brainer – monetize from the outset. It gave me the chance to figure do the figuring out how to motetize early on so I didnt waste the higher traffic levels later.
    My recent post Crowdsourcing mobile coverage data

  • Posted by mike on 18th Feb 2011

    For me it was a no brainer – monetize from the outset. It gave me the chance to figure do the figuring out how to motetize early on so I didnt waste the higher traffic levels later.
    My recent post Crowdsourcing mobile coverage data

  • Posted by mike on 18th Feb 2011

    For me it was a no brainer – monetize from the outset. It gave me the chance to figure do the figuring out how to motetize early on so I didnt waste the higher traffic levels later.
    My recent post Crowdsourcing mobile coverage data

  • Posted by mike on 18th Feb 2011

    For me it was a no brainer – monetize from the outset. It gave me the chance to figure do the figuring out how to motetize early on so I didnt waste the higher traffic levels later.
    My recent post Crowdsourcing mobile coverage data