If you’ve got a website for your small business and have a blog (which you absolutely should if you don’t already!) and are looking at the best ways to monetize your small business blog traffic, then you’ve come to the right place. In this article, I’m going to look into the easiest ways to make passive income.
In the past, the only way to do this would’ve been to add Google Adsense to your blog. The issue there is you need a serious amount of traffic to make anything remotely significant from it. For example, using their Adsense Revenue Calculator and choosing 50,000 page views per month (the minimum you can choose) in Europe, ME & Africa, in the business sector – You’re look at approx. $4,950 ANNUALLY.
Not a lot for a website with 1.2 million page views a year.
Luckily though, things have changed big time, with newer and far more profitable ways emerging. The first is Affiliate Marketing. If you’re not familiar with Affiliate Marketing, let me give you a quick run-down.
What is Affiliate Marketing?
Affiliate marketing is like a referral program. A company pays people (affiliates) to share links to its products. When someone buys the product using that link, the person who shared it gets a small part of the sale. It’s a way for companies to sell more and for people to earn money by promoting products they like.
How does Affiliate Marketing help earn Passive Income?
In affiliate marketing, you can earn passive income by sharing product links on your blog, social media, or website. After setting up these links, you’ll earn a commission every time someone buys a product through them. This can happen while you’re sleeping, on vacation, or busy with other activities, making it a convenient way to earn money without active involvement. Once your content with the affiliate links is out there, it has the potential to generate income over time with minimal extra effort from your side.
Best Ways to Monetize Your Small Business Blog Traffic
Ok so now you’re familiar with Affiliate Marketing, let’s have a look at the best program in our opinion.
1. Fiverr Affiliate Program
You can sign up for the Fiverr Affiliate Program for completely free here.
The Fiverr Affiliate Program is exceptionally user-friendly for small business owners. It’s a passive income stream requiring minimal effort – you don’t even need to write dedicated posts.
Instead, integrate Fiverr banners and links into your existing content. When your readers click and make their first purchase, you earn up to 100% commission on that order and a 10% revenue share for a year. It’s straightforward, requiring little upkeep, making it an ideal starting point for monetizing your blog.
What is Fiverr?
If you’re not familiar with Fiverr, Fiverr is an online platform where people offer and buy services. It’s like a digital marketplace where you can find freelancers who do various tasks like graphic design, writing, programming, and more. People list their services with a set price, and customers can hire them for these tasks. It’s a popular way for freelancers to find work and for customers to get tasks done by professionals.
Why is the Fiverr Affiliate Program so good for small business?
- Variety – What makes it so good for a small business blog is that Fiverr has everything, from Web Designers to Accountants to Personal Assistant to Life Coaches. The likelihood that there’s a service on Fiverr that your website visitors could benefit from is so high.
- Price – Fiverr is super affordable. Most of the services there are a fraction of what you’d pay on the high street. Type something below and click “Search for Freelancers” and see for yourself.
- Safety – Buyers on Fiverr are completely protected so you know you’re not sending your users to be scammed. Fiverr holds the money until the job is completed and if the buyer isn’t happy, the money doesn’t go to the seller. Fiverr even holds the money after the job is completed in case the buyers finds something later wrong with the work.
- Brand-association – Fiverr is well known and well trusted. Associating your business with Fiverr will look good on your blog.
Click here to sign up to the Fiverr Affiliate Blog and feel free to reach out at [email protected] if you need any help getting started!
Other Ways to Monetize your blog
2. Email Marketing
Email marketing allows for a personal and direct approach. Buold your audience by offering promo codes for signups for example, then you can use your email list size as a way of getting offers from other businesses or services.
By promoting products, services, or affiliate links like those from Fiverr, you can tailor your messages to specific segments of your audience. This personalization increases the chances of conversions. Remember, the key is to balance promotional content with genuinely valuable information that benefits your readers.
3. Premium Content and Memberships
Offering premium content or memberships is a direct way to monetize your audience’s trust in your expertise. This could include exclusive articles, in-depth guides, or video tutorials. Memberships create a sense of exclusivity and community, encouraging loyal readers to engage more deeply with your content, resulting in a steady revenue stream.
4. Webinars and Workshops
Webinars and workshops provide a platform to share your knowledge while generating income. Charging for exclusive access to these events establishes your authority in your niche and creates another revenue channel. These sessions can be on topics closely related to your business or blog content, providing real value to your audience.
5. Digital Products
Creating and selling digital products like e-books, templates, or courses is an excellent way to leverage your expertise. These products have low overhead costs and can be sold indefinitely, providing a scalable and sustainable income source. Tailor these offerings to your audience’s needs and interests to maximize their impact and sales potential.
6. Consulting or Coaching
If you’re an expert in your field, offering consulting or coaching services can be highly profitable. Personalized advice and guidance are in high demand, and people are willing to pay for expert insights. This not only generates income but also enhances your reputation as a leader in your industry.
Conclusion
We hope the above list has given you some inspo for monetizing your blog. In our opinion, the Fiverr Affiliate Program is the best way of creating passive income right now, but the other ways can definitely be lucrative, albeit with a bit more effort involved.
