There are many different reasons why people choose to pursue blogging in their spare time. Some do it simply as a form of self expression, in order to entertain both themselves and their readers. Others keep personal blogs and share them only with close family and friends. However, there are many more serious bloggers who choose to monetize their blogs, and generate a profit for themselves. Here we will discuss the ins and outs of blogging for money.

What is great about a blog, is that it costs so little to set up. You can set up many free blogging accounts using professional blogging sites, or spend a little money and purchase a domain name. If you do this, make sure to install a free program such as WordPress to help administer and update your blog. Before you jump right into this, make sure you consider your focus. The most successful online blogs stick to a particular niche or topic. This way you can focus your audience for maximum earning potential. In addition to setting up your blog, you must work on promoting it to gain an audience. There are many different methods of promotion, but one of the best is posting on other blogs that are related to your niche. Once your blog is set up, and you have begun posting regularly and gained an audience, it is time to start generating your profits.

1. Trade Advertising – This is a very common way to earn some extra cash. Essentially it involves selling advertising space on your blog to businesses that are related to your niche. Most bloggers rent the space out for a set period of time.

2. Affiliate Marketing – This involves placing advertisements on your site from advertising companies such as Google Adsense. You will receive some money for every blog user that clicks on the advertised link.

3. Ask for Contributions – If your blog readers value you blog, they may consider contributing to help pay your hosting and other miscellaneous fees. If your blog is popular enough you could consider making it private and charging a small membership fee to join.

4. Sell Your Products and Services – Using your blog to market your own products and services is a great business model and tool to help you succeed online. Don’t limit yourself to blogging purely for entertainment.

As we see interest in the blogosphere grow at a rapid rate, it is becoming more apparent that blogging can be an excellent source of income. You just have to remember to work hard and stay focused on your goals. By making use of these four strategies, you too could become successful at blogging for money.