There is no doubt that the best way to learn English is to practise it for as long as possible.
Gone are the days when attending classes and consulting a book were the only means you had access to.
The Internet has made everything easier with many websites for learning English and has become an extremely effective and cheap alternative.
However, with the myriad of online platforms available, it will be really useful to have tools to help you reach more people and thus generate income.
When Should You Start Monetizing Your Blog?
There is no concrete number on how much traffic or how big your email list needs to be to start making money from your blog.
However, having two things ready at the beginning will help you a lot:
- Get steady traffic. You don’t need tens of thousands of visitors but at least a thousand visitors a month means you are doing something right.
- Grow your email list. Again, you don’t have to focus on anything too far-fetched.
Now these two things are important, but mainly, the efficient monetization of your blog is in the numbers.
For example, if you make $6,000 with your blog:
You can sell a $200 product (say a course) to 30 people.
Or sell a $600 Course to 10 people.
And even charge $6,000 for consulting services.
Monetisation is pure mathematics, not magic.
This is not to say that the key to monetisation is simply to increase the prices of what you sell. Rather, you should choose a monetisation strategy that suits where your blog is at the moment or where you want to be in the future.
Make Money with Visual Advertising (Banner Ads)
There is a lot of hate against visual ads in the blogosphere. Most talk about how it’s a bad monetisation strategy because you can’t make a living from it.
In most cases, they would be right, but there is a reason why visual ads are still popular despite the bad press they get.
The reason is that they really work and are the fastest, even if they are not the most profitable way to start monetising a site.
In fact, some bloggers start by displaying ads until they find more profitable monetisation strategies. For some people, these first few dollars give them enough motivation to keep blogging.
For example, Alborz Fallah of Car Expert started monetising his site when a friend was telling him to put visual Google AdSense ads on his blog. The ads allowed Alborz to go from doing nothing to having his blog generate a steady $200 while holding down a full-time job.
Alborz then started working directly with car manufacturers who paid up to $30,000 for sponsorship deals. And this wouldn’t be possible if that friend hadn’t convinced him to monetise his blog with Adsense in the first place.
Alborz is not the only one who found success with ads, as did Fat Stacks entrepreneur Jon Dykstra.
Not bad for this supposedly poor monetisation strategy, huh?
Jon says the secret to his success with AdSense is optimal placement of ads, generating lots of traffic on the various sites he owns and choosing niches where showing these ads works.
For example, if you want an ad to appear in your article, but only after the first two paragraphs of content, you can easily do that.
With ads, you don’t need your own product to sell, but you do need traffic, and the more you can generate, the better you will perform.
It may take a little while for ads to start working for you while you are in the process of growing your blog and improving your content marketing, but eventually, you will get there.
Ads don’t have to be permanent, they can just be a temporary way to make money from your blog while you find a better way to monetise it.
Alternatives to Google Ads
At this point, you may think that the only option to promote in this way is with Google Ads, but the reality is that there are many other platforms that serve the same purpose. One of them is MediaFem, a 12-year-old ad network that connects content websites with advertisers via programmatic platforms. The on-site revenue generated by the software is then utilized to determine a charge. It has created a set of adaptive marketing standards that allow each ad to be tailored to the people who are most interested in the information being presented.
It takes pride in being able to supply higher-quality content to advertisers than other ad networks. This system reacts rapidly to ad requests, ensuring that each impression is delivered as soon as possible for the best viewing experience possible. By providing relevant content and functioning more efficiently than other ad networks, MediaFem has grown into the company it is today.
Also published on Medium.