If you look at the top bloggers or probloggers earning statement you will noticed that they are all making money pretty much in the same way.
1. The most money you can make from your blog is by doing paid review of other blog, company product or service or even a about a general website. There are many many bloggers who are only doing paid review and making $500-$1,200 per month. But many probloggers are also making $2,000-$3,000 per month from this paid review. How you are going to do paid review? These top two well known companies will help you to do paid review on your blog:
ReviewME &
PayPerPost
There are few rules and regulations to get these paid review offer. Once you will visit their website and read their FAQ (Frequently Asked Question), you will understand how the whole thing works. The most common rules are, your blog has to be 90 days old & you have to post frequently on your blog.
2. Then you have to choose your affiliates. Affiliate sale is actually the top income source for bloggers. This source of income will start as soon as you are successful to built trust among your readers. Once they trust you, you will trust the product or service you will mention or show in your blog. When you choose your affiliate, choose them wisely. Because, even the payout is big for each sale if your conversion rate is not good for the particular product or service (affiliate), you are completely wasting your time and money. Try following websites to find matching affiliate for your blog.
Commission Junction or CJ
Click Bank
FastClick or ValueClick
Double Click
Tribal Fusion
eBay (Have to Join by CJ actually) &
Amazon
3. Some of you are probably getting anxious to hear about Google Adsense (). Yes, of course Google Adsense is the easiest way to make money from any website or blog. But as you can see it is not the #1 income source for professional bloggers.
4. A new era of advertisement started since text link ads or TLA (use coupon code july at the checkout to get 15% off for the month of July 2007)was introduced. This is a very easy way to make few hundred dollars/month if your blog receives good amount of traffic and have at least a Google PR 5. Do not forget about Alexa ranking either. When it comes to text link ads, Alexa ranking is very important. The higher your Alexa ranking, the more money you are likely to get for each text link ad on your blog.
5. You might recently noticed another new kind of advertisement on many websites that look like a small popup (not actually a popup) window which is actually contextual ads. This types of ads scan your website text and highlight the word or phrase to show relevant ads. Once users bring their mouse over the double highlighted keyword/s, a small box popup with relevant product or service ads in the box. Mostly used contextual ads are served by Kontera.
6. If you are still offering full RSS feed syndication for your blog this might be a good money making source for you. Use Feedvertisement program powered by “text link ads” to show ads on your rss feed since Google or other types of advertisement might not be shown in many rss readers. Here is a great feedvertising tutorial.
7. Once your blogs receives lots of backlinks, as a result lots of traffic, you can sell private advertisement on your blog either by monthly/quarterly/annually or by impression (CPM). Just search for WordPress Advertisement Plug-In in Google and you will find some good add-on to show ads on your blog.
8. Some of the smart (or i should say evil) bloggers are recently using a new plug-in to make some extra money on the side. This is called Buy Me Beer Plug-In by Blog Clout. It will install a small link icon at the end of your every posts and will encourage readers to donate small amount of money through PayPal. You can make it unique by saying buy me milk/juice/pop or buy me a chocolate/candy or buy be a pitcher of beer.
9. E-mail subscription. Once you open an account in FeedBurner, you should also activate the e-mail Email Subscriptions option under “Publicize” tab. Blog readers can become your blog subscriber through e-mail address using feedburner free email subscription service. This subscription will allow them to receive the latest blog post through their e-mail rather then RSS reader or visiting your blog. See an example of post they will receive in e-mail. This way you can bring back more readers to your blog, which mean more click and more revenue. It might be very small conversion but it will add up.
10. The last but not the least, very new Auction Ads. Don’t get confused between Auction Ads and Auction Affiliate. Both Auction Ads & Auction Affiliate offers almost similar types of ads originally server by eBay. These are the middle men who is helping you to show these ads in style and making it easier to become an eBay affiliate. The profit sharing for these ads are 50%-75% (depending on the selling amount per month.
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