Monetize Your Blog/Website
Advertise Products or Services
There are many ways that you can allow businesses and individuals to advertise their products and services on your blog for a fee.
Become and Affiliate
Your blog readers are consumers who might be interested in products and services related to your blog's topic or their lifestyles. Why not work with companies that offer those types of products and services, promote them on your blog, and earn a commission when your blog readers make a purchase or perform another option that the company desires?
Review Products and Services
There are many websites that connect bloggers and online content publishers with companies and individuals who want to spread the word about products, services, and more. You can write reviews of products and services and receive money in return.
Sell Merchandise or Services
There are a number of websites that make it easy for you to sell merchandise that you don't have to manufacture. You don't have to pay for inventory, shipping, or other costs. Instead, those websites keep a percentage of your earnings from sales to cover their costs. Since you set your own prices, you are in ocmplete control.
Blog for Others
If you're already writing blog posts on your own blog, why not write content for other blogs in return for payment? There are many people who have become well-paid professional bloggers, and you can do it, too.
Get Creative
Displaying ads on your blog is certainly a simple way to try to generate an income from it. However, ads are not a guaranteed money-maker. For one reason, they are often dependent on the actions of your blog's readers. For another reason, generating a significant amount of money through advertising on your blog is unlikely (possible but unlikely) unless your blog receives a very large amount of traffic each day.
By diversifying your income-generating opportunities, you'll have a greater chance of successfully monetizing your blog.
Networking
There are a number of blog networks that include a number of blogs and bloggers all publishing under a larger brand or company. Many of these blog networks pay bloggers a flat fee per post or word that the blogger writes or the blogger receives a percentage of advertising earnings tied to the number of page views his or her posts generate (some networks even pay both a flat fee and a percentage of advertising revenues). As always, make sure the opportunities you pursue match your long term blogging goals.