6 Good Reasons to Start Monetizing Your Blog NOW
This infographic from Lifehacker gives an accurate description of the existing types of bloggers.
A good 4 out of 5 use blogs to earn an income or use blogs for profit.
If you’re either a corporate blogger or a blogging entrepreneur, you’re most likely already well aware of how blogging helps increase your visibility in SERPS.
When it comes to cashing in from blogs themselves though, there seems to be different views and opinions.
Some think that monetizing your blog defeats its purpose. But when it comes to that, what exactly is your blog’s purpose?
What’s stopping you from using your blog as a means to earning money?
Whatever the case, this article will hopefully help you find direction and make the right decision.
6 Reasons Why Monetizing Your Blog is a Great Idea
1. Motivation To Create Excellent Content
One of the vital elements of a good blog is knowing how to keep your content relevant. Researching materials for your next job post is never just a walk in the park.
Still, knowing that you stand to profit if your blog post turns out well can be the kind of motivation you need to want to make sure that every piece of blog content you submit is as near perfect as possible.
Not that I’m saying money should be your only motivation, of course.
But you have to consider that you also have personal goals and aspirations. And your bills most definitely won’t pay for themselves.
What I’m saying is, if you were to earn enough to cover for your lifestyle expenses, might as well do it in a way that you enjoy. Win-win.
2. Freedom From The Chains of the Corporate Lifestyle
Having a blog does not necessarily mean that you have to leave your current job.
With proper time management, it’s quite possible to be successful at both at the same time.
On the other hand, successfully monetizing your blog turns it into a business where you are THE BOSS!
Blog monetization provides you with a way of generating enough income to justify leaving your 9-5 job. Plus, there’s less stress because you’ll be free to work at your own time and pace.
3. Capability to Provide For You and Your Family
Will blogging be able to feed you and your family? People often see this as one of the most important things to consider before starting a blog.
Although not everyone becomes a multi-millionaire blogger, your blog can still be a remarkable source of income.
9% of respondents to Problogger’s survey of 1500 people trying to monetize their blogs reportedly earn between $1000 to $10,000 a month. Now $1000 may not sound like much, especially if you’re from the US. But it sure can help pay the bills and then some.
With good old hard work, continuous learning and skills and experiences collected over time, who knows? You could earn a lot more. Enough to take care of your family’s wants instead of just basic needs.
4. Building Stronger Relationships
The moment you decide to start monetizing your blog, you commit yourself to studying how to achieve your goal of profiting from your content.
That includes learning more about influencers and other professional bloggers whom you can look up to as role models.
Successful bloggers have tons of experience behind them that you can learn from. As you engage with them, their business acumen might brush up on you as well.
You’ll find how these people were able to debunk blogging myths time and again because of their perseverance and determination.
You’ll also meet new people from the blogging community to exchange ideas and create friendships with.
5. Encouragement to Rise from Failure
No successful person can claim to not have failed at one point or another. Same goes for bloggers.
As you continue to publish your blog, you can expect to encounter disappointments and setbacks.
However, I’ll give you two good reasons blogging can encourage you to rise and pick yourself up again when you fail.
One, because your blog is your livelihood. Especially if you’ve committed yourself to being a pro blogger. You’ll want to continue because that’s how you earn.
Second, your blog is your way of adding value to your readers’ lives. As long as you continue to publish content, there will always be something you can offer to your readers.
It’s this value that will keep them coming back.
They’ll come back because of what you can offer to them. And when people give their trust to you like that, you’ll find that letting them down is not an option.
That’s why you’ll want to get up and try again no matter how many times you fail.
6. Inspiring Your Readers
Thriving bloggers inspire you to do better with monetizing your blog. In the same way, by successfully earning as a blogger, you’ll also inevitably inspire your readers.
Some of your audience may be aspiring bloggers themselves. Maybe they were just apprehensive to actually try and turn their blogs into money because of the relatively low rate of immediate success.
By showing them that blogging can indeed be a financially rewarding venture, you can show them that profit and progress may not be as far away from their reach as they believe. If you can do it, there’s no reason why they can’t.
Aside from monetary gains, nothing beats the satisfaction that inspiring people brings.
R.L. Adams on Entrepreneur recommends these 8 ways to earn from your blog:
- Affiliate Marketing
- Email Marketing
- Selling Ebooks
- Selling Courses
- Selling Digital Products
- Selling Coaching Services
- Securing Sponsorships
Each of these is by no means easy to do, but they’re all definitely doable.
If you feel that writing is your passion and that blogging is your calling, let nothing stop you. For every reason to say no to earning from your own content, you’ll find one or two good reasons to say yes to monetizing your blog.
You’ll never run out of places to find tips to start a blog and make money online. And we’ve also given you ample reasons why you’ll want to.
Now it’s up to you to make it happen.