How To Monetize Education Blog – Top 10 Proven Ways
How To Monetize Education Blog – Top 10 Proven Ways
It was never so easy to start and monetize a blog. It would have cost thousands, if not tens of thousands of dollars, by building a website not too long ago to create and maintain. This was just as hard to monetize a website. PayPal was only in its early stages, there was no Stripe, and email marketing was not as versatile as it is today.
Today, a WordPress blog of a few hundred dollars (this will vary if necessary) will launch, maintain, and monetize. It's not just that most bloggers do, but today's blogs are more comfortable with making money. Professional bloggers reported a total of $138,064 average profits last year, according to the ConvertKit blogging report for 2017, while amateur bloggers (86% of respondents) accounted for $9497 average profits.
This is bad, especially since most bloggers start a blog so that they can be their boss and leave 8-5 jobs. The Internet has transformed knowledge, expertise, and passion into a full-time company more straightforward than ever for anyone. The development of an educational blog is an excellent option for educators who want to increase their income. But where a lot of people fight and have troubles, is the time for your blog to be monetized. You have trouble making money off your blog without essential internet marketing and advertising skills, even though it is the best in the world. Below are some ideas for people who want to monetize their educational blog.
10 Proven Ways to Monetize an Educational Blog
Ask for Donations
Most people don't like the thought of advertising on their blogs publicly. You can request donations instead if you do not want to follow this path. Donations work in educational bog particularly well, and many people will do it if you give them something worthwhile. Think by adding to your blog or worksheets items like lesson plans and ask for donations in return. If you find they are very successful, you can also add them behind a pay-wall.
Sell eBooks to your Audience
Sales of eBooks are one of the most common forms of monetizing educational blogs. It is perfect as it is relatively easy to create and is usually reasonably affordable for most visitors to purchase.
Bloggers cannot easily monetize their blogs rapidly using eBooks. The selling of an eBook as an educational blogger is probably the easiest way to decide how much people want to pay for how much the value you share is worth.
E-books are also a low risk means for visitors to your website to assess the value before buying more expensive products.
Create and Sell Online Courses
Another way to monetize your blog is via online sales, of course. What prevents most bloggers from creating their course is that they believe that to teach a course, you need to be an expert.
This is not the case, however. What you need to teach a course is to learn more than the people you are teaching, and to be able to explain it in a way that people respect.
To build a course where people learn to cook, you don't have to be a certified chef! If you prepare better than most people and can create the material for learning how to cook for people, nothing will stop you from creating your course.
Fewer people take classes online ever before; however, the e-learning industry is expected to grow to approximately $325 billion by 2025.
If you already have an audience, all you need to do is identify a problem you can solve that many of them have in common.
The best way to find out if the Audience's having issues is to question them. You can do so by sending out a simple email survey. If you pay attention, your comment section can be a treasure trove of insights. And if you don't have that many comments on your blog, you can read in your niche commentary from other blogs.
Start a Coaching/Consulting Business
Often people want more detailed and personal guidance than a book or course can provide, so they turn to customized training (or advice, depending on the type of service you provide). Coaching is a monetization technique that most blog owners turn to, if they want to build additional revenue sources, they have successfully sold books and courses.
It's not only for the established educational blog, but tips can also be your monetization strategy right from the start. Coaching, like most of the monetization techniques we discussed, is up to you to make use of your knowledge and expertise to help people overcome their lives' problems.
If you already make money from books and courses, consider supplying the people in your Audience with personalized advice. And if you're just starting, the small amount of tips means you can make money without much traffic.
The advice is not only about how much traffic you are creating but how to get the right kind of traffic, i.e., customers who need your services and will pay you for it.
Offer a Paid Membership Plan
Subscription model businesses are increasingly popular, and some people, therefore, begin to refer to them as the subscription economy. From Netflix to providers of web hosting to Member Sites, everything is part of the subscription economy.
A Member Page is a closed portion of your blog or website where you pay for exclusive benefits monthly or annually. The rewards they offer will include posts, tips, surveys, webinars, face-to-face meetings, and being around the similar. People in the group have a mutual interest.
You can meet more people on the member pages and give everyone a sense of belonging and membership. One thing I love about membership sites is they are all in a group, noticed or not.
In other words, the universe is so big, and the network linked that you will find other people like you if you have a particular interest in something.
When you have a dedicated audience and already spend money on upgrades, it may be the most beneficial thing to build a membership page. You will quickly gain thousands of dollars, with just a few hundred members.
Make Money with Display Advertising (Banner Ads)
In the blogosphere, there is considerable disdain for visual advertising. It's a lousy monetization strategy most people talk about because they can't do anything decent.
In most cases, they are correct, but despite the evil talks, there is a reason why banner ads are always popular because it works the quickest, if not the most lucrative, way to monetize and educational blog.
Indeed, some educational blogs continue to use banner advertising before they discover productivity techniques for monetization. Some people get enough motivation to keep blogging due to the first dollar they earn.
You do not have to sell your product with ads, but you have to have traffic. The more you produce, the more success you achieve. While expanding your blog and improving your content marketing, it can take some time for the ads to work for you, they eventually will.
Announcements needn't even be permanent. Just before you can find a better way to monetize, it can be a quick way of making money in your blog. You can apply for Google AdSense, MGID, and many ads platforms to monetize your ads.
Become an Affiliate Marketer
Unless you mention affiliate marketing, you cannot write an article on monetizing a blog. This is one of the most growing ways of making money online for blogs. Like other advertisers, affiliate marketers are working. They help advertise, sell, and get a commission when products are bought through them.
For an educational blog, you can also search for an excellent product to offer, which is similar to the content you have on your blog, and you can also see through other educational blogs for what they promote. One thing when you use affiliate marketing to monetize your blog is that you should not only concentrate on selling items but on adding value.
Generate Revenue with Sponsored Posts/Reviews for other Educational Blogs
Since it takes a lot of traffic and reputation to build a blog, making money from sponsored posts and reviews is one of the less popular monetization methods.
An educational blog can charge a brand, school, organization, to write a review about them on their blog for their Audience to see.
When you are dreaming about influencer marketing, your mind quickly sees the influencers on Instagram and YouTube, you know.
Nevertheless, writing sponsored posts on your blog is powerful and is explosive. This year, more than 63% of businesses are already using the influencer marketing strategy to increase their prices.
If you publish a product on your blog, make sure you have an accurate perspective, honest, because your readers' confidence is not worth a few dollars.
Sell Physical Products to Your Audience
One of the most effective ways to make money is to directly market goods to specific people if you have already built up an audience.
They trust you, and you know more about them than other producers and distributors, as you take care of them, giving them value.
If you have an audience already, look out for their issues and see if you can sell anything to help them overcome them. As an educational blog, there will be some materials needed to complete or required to execute some contents you have a share in the blog, you can list them on sale, and as far as they are necessary products, to complete what you have taught them, they will surely buy, to implement what they've learned.
Launch a Virtual Summit in Your Niche
You've probably listened to or even participated in virtual summits if you keep up with internet trends. Bear in mind that webinars are distinct from virtual summits or web conferences.
Highlights are much more social and appealing. Such conferences will be attended online on a particular subject with a moderator, Q&A, and many speakers.
Although it is typically possible to visit virtual summits only for a limited time at a time, a "full access pass" is used to generate income organizer, where the participant can get access to the summit contents at any time.
The hosts at Virtual Summit also earn money by selling related products like membership plans and post-summit training on the subject.
The portion of virtual summits that makes it even for newbies a great money-raising strategy is that you don't have to be a famous blogger. Mostly, because interviews with other influencers in your field earn you credibility, this is so good for an educational because, you can invite a couple of influential educators in your niche, use their influence to promote the summit and have people pay to join the summit, either a one-time payment or subscription. This is another lucrative way to make money from an educational blog.
As you can see, there are plenty of ways that you can turn your knowledge and passion as an educator into a source of income. Ensure that you consider these ideas and continuously look for new ways to increase your blog's visibility while providing value to your visitors.