In our previous post, we talked about growing and monetizing your blog with the help of information products. Today we will be expanding more on the power of info-products while also exploring other easily-actionable and profitable monetization strategies to transform your blog into an online ATM.
Affiliate marketing is perhaps the most popular of all online-marketing models because of its outstanding profit potential along with ease in getting started. It’s really as simple as putting up affiliate links throughout your content.
There’s not a whole lot of work required on your part other than to grow your blog and generate traffic. When people buy through your affiliate links, you get a commission from the sale.
A very simple process which even newbies can implement. But rather than getting a percentage of sales, wouldn’t you much rather sell your own products directly to the consumer and receive 100% of the sale? Of course you would. So let’s explore how to go about maximizing your blog’s revenue potential.
As we had talked about earlier, digital information products are massively popular. Online marketplaces like JVZoo and Clickbank are among the largest retailers of digital products. And many established marketers are singing all the way to the bank through these monstrous platforms.
Many product-creators who market their products through these digital retailers have a legion of affiliates promoting for them. That comes out to a tremendous amount of money when all is said and done.
Building an army of affiliates doesn’t happen quickly. It takes time and effort to build your brand and establish yourself as a trustworthy marketer to reach that point.
When you build a reputation of developing great products and network with the right people, you can build some very powerful and lasting relationships. That allows for more joint-venture opportunities which makes for a lot of additional revenue and promotion.
Product creation can also be quite a taxing project if you’re not a supremely skilled creator. Of course there are always freelancers and virtual assistants who can help with that.
But rather than going through the trouble of hiring people and building everything from scratch and spending so much time on the development side, why not take a shortcut and just sell what’s already available on the market and for a considerably less price?
As we touched on earlier, having your own product nets you ALL the money and eliminates the middleman entirely. So rather than gaining a percentage of sales through your affiliate links, you can outright sell your own products.
The game has changed thanks to PLR products which saves marketers a lot of time and trouble in providing their audience with quality content. Private Label Rights really is the way to go as you simply purchase the license which gives you the freedom to both use and market the product as you wish.
Your blog can grow to become a real marketing machine over time which you can do almost anything with provided you have a targeted audience. You can sign up with Amazon’s affiliate program and sell Amazon products through your blog.
You can also sell private label rights products directly to your visitors as well. The easiest types of products to create are ebooks as you can write it all in a word processor, export it as a PDF and have it ready for market.
If writing isn’t your strong suit then using PLR ebooks are a fantastic alternative. Ebooks with private label rights are already expertly written and come with exceptionally attractive graphics and sales-letters.
You can put your name on the ebook as the author, change it up if you like, or just resell it as is for whatever price you choose. And if you want to really charge up your blog and turn it into a marketing empire, then you need to develop and market your own courses.
This isn’t simply a hypothetical case of “things you can do to make money”. This is about real-life tried and tested money-making strategies that truly work. Strategies that are being implemented by real life marketers and bloggers to incredible success.
Online courses have proven to be monstrously popular with audiences. When you have a solid brand, have taken your blog to a reasonable level of authority, and are bringing a good lot of traffic, your audience is inspired to learn from you.
As much as people love reading your content, they more than anything want to know how they can achieve your level of success. They want to create their own blogging empires. They want to know how to make money online. And they want to learn from a trustworthy source.
That puts you in the driver’s seat where you can teach people how to go about becoming successful with their own blogs. As a matter of fact, over 50% of the income earned by numerous successful marketers is from the selling of their courses.
Creating courses is very doable thanks to sites like Teachable. But if creating courses is a struggle, then plr products are definitely a great alternative. There are numerous extensive video courses that come with plr rights, allowing you the right to sell the courses as is or use them as a source to build your own course.
Courses can go for premium prices, priced often up into the $200 range or more. These courses still sell regardless because of how motivated users are in learning from an authority. If you’re the genuine article and a respected brand then you’ll be in a position to make a lot of money no matter which business monetization method you implement with your blog.
Thus far we’ve covered how to monetize your blog using digital info-products and educational courses. In our next article, we will be delving into the power of webinars and how you can explode your brand and customer list while making a tremendous single-day haul and then some.
There’s never been a better time than today to be a blogger. With the tremendous profit potential in running a blog in any niche, there’s a starving audience waiting to read what you have to say. We’ll be covering a lot more to get you hyped for the adventure ahead. Stay tuned.