If you are spending hours working on your personal blog or website, you might as well get paid for all your efforts. When people think of monetizing their blog, pay-per-click adds are usually the first thing that comes to mind. However, this type of marketing won’t earn you much money unless you attract over 10,000 visitors daily. Instead, we suggest learning how to monetize your blog using affiliate marketing.
Affiliate marketing is one of the most popular methods for monetizing blogs—and for good reason. It involves linking to a certain product or service through an affiliate program and earning a commission when your audience clicks on it. Depending on the size of your readership and percent of commission, affiliate marketing can be a lucrative way to monetize your blog. This form of marketing is especially useful if you’re just starting out in the blogging world and don’t have your own products or services to sell.
Pay Per Sale: In this standard affiliate marketing structure, the affiliate is paid a percentage of the sale if someone purchases a product or service through the link they provide.
Pay Per Lead: The affiliate receives compensation if they are able to influence the consumer to visit the merchant’s website and complete the desired action such as subscribing to a newsletter or filling out a contact form.
Pay Per Click: The affiliate receives compensation based on the increase in web traffic to the merchant’s site.
Learning how to monetize your blog using affiliate marketing is one of the easiest and most efficient ways to start making money off your blog. We hope this introductory guide to affiliate marketing helps you start this new journey.