If you think about it, being a blogger or YouTube vlogger is an amazing thing. It’s also an excellent way to get paid for doing something you love and enjoy. But first, you’ll have to know how to monetize your blog or YouTube channel.
Like most things, your success in these relies on how much time, dedication, and effort you put into them. These are the elements that will determine how special your blog or YouTube channel will turn out.
In this day and age, monetizing your blog or YouTube channel has never been this easy. If you want to know and learn how to do this, read through our quick guide.
Tips on Monetizing Your Blog Successfully
Let’s begin with your blog. This is a perfect way to educate and inform people who enjoy reading a variety of content. While you’re providing them with pertinent information, why not earn in the process?
However, you need to remember that the success of your blog won’t happen overnight. You’ll need to be patient, consistent, and work hard (and smart) to reach your goals.
That said, here’s how you can monetize your blog.
Provide Coaching Services to Motivated Audiences
If you want to monetize your blog within the shortest period, be a coach to your audience. Providing your customers and prospects direct access to products, services and expertise is the best.
It doesn’t matter how much experience you have, or when you began blogging. Providing coaching services to your motivated audience can bring you money. Your readers will inevitably face life challenges. So your responsibility as a coach is to aid them in managing their problems and challenges. You’ll need to react positively for them, instead of getting frustrated then giving up.
Utilize your blog as a platform to nurture your audience while establishing awareness.
Create and Sell Online Courses
Another smart way to monetize your blog is to establish and sell online courses. This is a great option if your blog generates less than a thousand visitors per day.
With this, you won’t need a lot of customers or leads to make money from your first online course. If your blog gets about 50 visitors per day, determine what they want, then create the course from there. Interestingly, people like purchasing online courses even when they’re able to find the same content for free. Remember, people love convenience.
Online courses focus on specific topics, plus they’re organized properly to be put into action. Creating online courses is one excellent way to enhance your blogging career. So instead of writing for all your audiences, create a platform offering your best content exclusively to your customers.
Make Money Using Display Advertising – The Banner Ads
In this environment, there’s a ton of hate when it comes to display ads. A lot of people say it’s a terrible monetization strategy since you can’t make anything good with it. Technically, they’re right. However, there’s a very good reason why display ads are still a hit despite the bad publicity they get. It’s because they work and are the fastest means to begin monetizing your blog.
There are some bloggers who start with a couple of display ads before shifting to a more profitable monetization strategy. For some, those couple of dollars give them the drive and motivation to continue their blogging.
So you’ve mastered YouTube’s algorithm and the SEO of your channel is in top shape. You’ve also deciphered their analytics, so now comes the best part. It’s time to monetize your YouTube channel and make some money.
Sell Products or Merchandise
One of the best ways to monetize your YouTube channel is by selling merchandise or products.
There are a lot of products that you can sell to make money via your YouTube channel. Some of the things you can sell include T-shirts, tote bags, coffee mugs, and more.
Aside from revenue, selling merchandise brings more benefits like increasing your brand’s exposure. It also helps deepen your relationship with your audience when they buy your products.
Know Your Brand
Aside from a consistent uploading schedule, being consistent with your content is also essential on YouTube. Every single video should be unique, but with a consistent style and tone. Remember, this will be your brand. Knowing and understanding your brand will help you create more authentic and passionate content for your YouTube channel. Determining and building your brand are vital steps when you monetize your YouTube channel. These two are highly important, especially when you’re just starting out.
Take some time to think about your brand identity. Ask yourself about what you do, what your content is all about, and who you are trying to reach. If you don’t know your brand, don’t expect to gain an audience.
For continuous growth and income opportunities via your YouTube channel, it’s essential to have valuable content. But what exactly is content that creates value for audiences?
Basically, videos with valuable content are those that give the viewer emotions to feel. This can come in different forms, like teaching an audience to learn how to do something. If you make people smile and laugh through your videos, it becomes valuable in terms of providing entertainment.
You could provide workout tips, product reviews, recipes, DIY instructions, and other kinds of content. What matters is that you’re able to make your viewers’ life better in a way. Of course, your content has to be unique to be valuable. If you’re only providing content that people have seen a million times before, don’t expect a viewer to continue watching. Before preparing new content for your YouTube channel, ask yourself if it will make someone’s life a little better.