This is the last post in the “Monetize Your Blog” series. If you haven’t read the previous posts in this series I would advise you to read “Monetize Your Blog (The Advertising Way)” and “Monetize Your Blog (The Marketing Way)”.
If you are not scared of getting your face out there then you should try some of these methods.
Many of the methods listed below will take a bit more skill and patience to implement successfully, but when they are incorporated into your blog or website they will start earning you money big time.
Webinar’s are basically a live workshop online. People go on to Webinar’s to hear you talk about your specialist subject. This is great for people that live overseas who can’t get to one of your workshops.
You make money from Webinar’s by charging an individual for a virtual seat on your presentation. They pay to watch you perform your presentation online and they can interact during the process.
Webinar’s can incorporate power point presentations, web-cams, photos, microphones, polls, etc., making them fully interactive with your audience. Questions are usually left till the end of the Webinar, where each viewer has the opportunity to ask any questions that they want to you.
You don’t have to charge your audience anything to view a Webinar that you are conducting. You could just use it as a marketing tool promoting your website. The majority of people often host an initial Webinar for free and then charge people for the subsequent ones.
AnyMeeting is a great site that you can use to do this.
Host live workshops
I know what you’re thinking. This is not an online way to make money yet my websites name is TheOnlineRoadToWealth, but just hear me out. This is exactly the same as hosting online webinars except for the fact that it is not done online. Instead you stand before a room of people and talk to them.
Why is this method even on the list? Well, I thought. Once you have started and made a success of your online webinar venture, you might as well use those skills you have and sell it to people in the real world.
Even though your reach is greater when you do an online webinar, you can charge much more for your lice workshops.
The only way for people to find out about your workshop is if you properly advertise it on your site. Now I’m not talking about spending a fortune to make custom banner ads and putting them up on your site. I’m talking about mentioning and reminding your readers about your upcoming workshop in every post you do. Maybe even running a google adwords campaign with geometric targeting in and around your location to inform them about your workshop.
Be a consultant
You could monetize your blog by offering consultancy in your specific niche. First, you need to have a large number of followers and have built a good reputation in your field for this method to earn you money. You can offer one-on-one consulting to people over the phone or via Skype for a fixed rate. People would be willing to pay a premium for this service as they are paying for your undivided attention for an hour or more.
For example, you have built a reputation as being an expert in health and fitness and have a successful blog talking about methods of weight-loss and healthy eating. You could offer a consultancy service, where for one hour a day people can arrange to talk to you via web-cam to plan out a personal tailored exercise regime. You might charge $100 for the hour and the individual might not need to contact you until the next month.
As previously stated, you do need a reputation for this to generate you any money. This is not a method for a start up website, but it could be something to aim for in the future as you grow your website.
This was the final post in the “Monetize Your Blog” series. Thank you for all of your support. Please leave a comment down below if you have ideas for any other methods on how to monetize a blog that wasn’t mentioned in this series.