The new trend of monetizing your blog is by selling your own products. This is one of, if not the best, way to make money with your blog. It is a consistent income that you control. It is a bit harder to set up, but once you have it then you only have to worry about promoting it. Promoting it not only earns you income; it also promotes yourself as an authority in a subject.
You can sell handmade products or with a home business opportunity and you can build an entire blog around that. That is a wonderful idea, but I am going to talk about creating your own product, an eBook. If you started a blog then you are an authority in the topic that you are writing about and you can write. Those are the two main requirements for writing an eBook. An eBook can also be used to increase your newsletter subscription rate (offer it for free) or as a giveaway for other reasons. It adds to your blog in many ways.
There are two main sites that make selling eBooks easy. The first is e-Junkie. E-Junkie allows you to store and deliver your digital goods through their site. You can also manage an affiliate program through them. You can refer your affiliates to E-Junkie and bloggers can find your product and pick it up to sell on their own. The cost starts at $5 for 50 MB of storage and up to 10 products.
Clickbank is the other common program. With clickbank there is not a monthly fee. You can set up an affiliate program just like e-Junkie. The cost is a flat fee of $49.95 per product.
You can always sell the product directly by setting up paypal links to your own site. It is harder to run an affiliate program this way, but if you do not wish to have affiliates than that will not affect your decision. Paypal is free to use.
TASK – Brainstorm a few topics that you could write an eBook on.
Today you can gain an extra entry into the giveaways by tweeting or re-tweeting about this series.
Tomorrow we will learn about reviewing products.