The new hobby among the Internet savvy youngsters is blogging. Some of them are blogging just for fun while others are taking it seriously. The topics are changing from tourism to hard core technology. The problem with most of these young bloggers is they don't know how to monetize their blog.
It is not a sin to monetize our blog as one of the blogger once said "Placing ads on our blog is an insult to our viewers". What is my answer to it is "viewers won't mind if you place reasonable amount ads on your website if you are providing them quality contents". Yes as a user I won't blame any webmaster for putting ads on their website. I understand that running an average blog or website needs money. After all it is an encouragement to the blogger when he or she receives a cheque for his or her efforts on blogging. So the hobby is converted to a money making task without loosing its beauty and sincerity.
How can we monetize our blog or website?.Some makes money by selling products while others make money by placing third party ads on their website. If we place ads on our website we will be paid for the place we provide and the traffic we sent to their website. If we want to make money by adding affiliated links, we need to send a user from our site to the product site and the user should buy the product.The two methods which attracts online money are.
1. Placing ads on your website
2. Promoting affiliated products on your website.
For beginners the best methods to start earn is by placing ads on their websites. There are two kinds of ads programs.
1. Cost per click
2. Cost per impressions
The concept of these two are different.The cost per click method is usually known as CPC and cost per impression is called CPM. The working of these two are entirely different. The total number of valid clicks on the ads are counted in CPC programs. The number of impressions the ad unite received are calculated in SPM. The pricing of CPM based ads calculated for thousand impressions.
There is a good question "how to select the best ads model for my blog?".
You should select the appropriate programs which suits the niche and the behavior of visitors. If your website is getting good amount of traffic but the number of clicks are very less you should select CPM based ads for your website. Normally most of the webmasters prefer CPC as it will be easy to get some clicks from thousand visits and that amount is normally more than the actual compensation from CPM model.
Now let us come to the second method of making online money. It is known as affiliated marketing where we promote others products and make sales through your website. For that you should place affiliate links on your website and if any of your reader click the link and purchased the product,you will get commission for that. Some products are offering even 70 percent of total money for the product as commission. This method is known as affiliate link marketing and the primary object here is your writing style. It is highly advised that if you are planning to sell products through your website you need to create a friendly atmosphere for that product on your website.It means you should write a good article or review for that product and confirm the visitor that purchasing that product is really needed.If you are an advanced blogger with good writing and canvasing skills affiliated marketing will be best suited for your blog.
All this monetizing methods works on your blog only if you have a decent amount of traffic to your website. So as a blogger our first duty is to generate quality unique content. If our website has unique content gradually the Search Engines will grant as better ranking in search result. So the visitors will start visit our blog. Some of them will be impressed with our writing style or the ideas and book mark it. From the book mark sites and other references provided by them we will get more traffic. So when we have a decent traffic ,we can start monetize our blog.