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April 14, 2008

7 Ways To Monetize Your Blog

7 Ways To Monetize Your Blog

I am going to introduce you a few ways which you can earn money from your blog with minimal or even no start up cost at all.

Cost Per Impression (CPM) Advertising Programs

CPM Advertising Programs places relevant ads on your blog and pays you accordingly. Payment is dependend on the Click Through Rate(CTR) of your ads. CTR is measured by taking the number of clicks on the ads divided by the number of page impression multiply by 100. For each CTR value there is a coressponding CPM value. For example if your CTR is 10% the CPM value maybe $10. This implies that for every 1000 page impression you will make 10 dollars if the CTR is 10%. Google Adsense is undisputedly the most popular CPM Advertising Program around. Second to it will be Yahoo Publisher Network which works almost similarly to Google Adsense.

Cost Per Click Advertising Programs

Instead of calculating revenue using CPM and CTR these programs pays you a certain amount of money for each click on the ads displayed on your webpage. The amount of money you get paid per click is dependent on how popular your blog is. If you have a popular blog, many advertisers will be vying to place ads on your ad space, your revenue per click will definitely be higher. BidVertiser is one of the more popular advertising program of its kind.

Affiliate Links

Join an affiliate program and place your affiliate link on your blog. Everytime people click on the affiliate link and purchase an item, you will earn commission from the sale.

Sell Text Links

Offer to place text links for other websites and collect a fee from them. Finding suitable and interested websites may be difficult and time consuming but if you are successful it can generate some decent revenue.
You may also be interested to try out Text Link Ads. Text Link Ads automatically places ads on your ad space and pays you. Join Text Link Ads Affiliate Program, refer other users and make additional money.

Embed Media Feeds

The Voxant NewsRoom allows users to place text, image or video news feeds on their blogs or websites and pays the blogger or webmaster a certain amount of money per thousand views on these media. Find appropriate materials from The Voxant NewsRoom, embed it in your site sit back and wait for revenue to pour in.

Pay Per Post Program

PayPerPost Pays you for every relevant post you write in your blog. Read Neobots's PayPerPost Review for more information.

Use GPIX

"GPix is a FREE yet powerful million pixel script, based on the popular marketing concept of http://www.milliondollarhomepage.com/, by Alex Tew, the college student from England who first started this trend."

If you are not familar with MillionDollarHomePage, let me give you a brief introduction to this site. MillionDollarHomePage's webmaster Alex Tew offers to place pixel ads on his website, selling $1 for each pixel. His aim is to make 1 millon dollars to pay for his university expenses.

Now you can also do the same with GPIX . It provides a pixel script which allows you to place pixel ads on. You can choose to charge advertisers who are interested in advertising on your blog a certain amount of money for each pixel sold to them.


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