1-Set up a Market Place on Your Blog
If you are a successful blogger and have a lot of followers/subscribers and very engaging community
then you might want to set up a marketplace on your blog to earn a huge money.
Many major websites have set up the marketplace, as well as classified listing once they have built a large engaging relative niche community.
For example, the social shoe brand well known as Toms have set up an online marketplace where they sell the product to the community.
This monetization method is very profitable if your blog traffic level is much high, as well as you also have a lot of opportunities to mention specific ads links in your content to increase your revenue potential.
But be in mind setting up a marketplace on your site is not an easy task because you need a leisure time for your blog to adding/removing or update brand for promoting the marketplace.
After all, you also need to still struggle to get up uptake on your site ads making your to look more commercial.
2-A Mobile App Developing
You can monetize your blog by creating mobile apps for it.Creating mobile apps can give you a good stream of money, but you need to build a very engaging community which increases your online presence.
But app development is not a quick and easy way for those who running a small hobby blog because this can be an expensive task and you need to offer something of value when it to functionality.
Though you can gain lots of money from this method and you will need to plan out your development very well otherwise you waste your time and money.
3-Speak At Event
If you are expert in your niche and have an engaging community on your blog, then you can speak an event by creating a Hire me page on your blog, In this advertising tactic you are available for speaking at the event but also you will have opportunities for further revenue from your blog.
This method is very profitable and gives you chances for more reputation in your niche, also you build a relationship with other bloggers and business owners.
Speaking at events need that you have an authority in niche also a lot of time for preparing and planning your presentation so this method is for someone who has a lot of free time.
4-Run an Event/Conference
In this method, you run an event/conference offline on your blog.An example of a blog that doing this strategy is Social Media Examiner You will earn a lot of money by selling tickets, sponsorship, training courses, and also build your brand and engage more audiences.
This is going to have a better effect on web traffic community engagement and other monetization opportunities.If you manage and organize on small scale you will need a reasonable amount of time and money.
When you run large event you should take the large financial risk to initial outlay for booking a venue marketing and speakers obviously high.If you want to do this method you need for planning and risk carefully assessed.
5-From Traning Courses on Your Blog
In this monetization method, you offer training courses on your blog that are relevant to your niche.But you will need to become an industry expert to build a reputation.
This method is most seen in online marketing industry, for example, John Cooper Link Building Traning Course.
You will acquire a lot of opportunities from offering training courses like collecting email addresses of your trainers and start marketing to them.
To run training courses is not an easy and quick way of monetization method because you need a lot of resources to keep it updating and adding more information to your courses.
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