In this article the best tools and tips for monetizing a crypto blog. For example, affiliate marketing and advertising are very popular methods.
Isn’t blogging an activity that belongs to the past now? In my opinion, certainly not! Running a blog still needs time and work to grow, however, the results in terms of money could be mind-blowing. For example, if you are blogging about a subject that has the potential to grow in the future(like cryptocurrency) the odds are in your favor.
If you are serious about this and want to have a decent side hustle, the stage is yours. Running a successful crypto blog starts with gaining traffic and earning real money should come from about 10.000 pageviews a month. In this article, the options that are available today to monetize your crypto blog and some very helpful tools.
The first and main source of revenue when running a blog should come from affiliate marketing. In summary, affiliate marketing is promoting products from Amazon or other websites by placing referral links in your blog posts. The main advantage is that you can choose by yourself what kind of products you would like to promote on your crypto blog.
Referral marketing is very popular in the cryptocurrency industry
In the cryptocurrency industry, there are tons of affiliate programs out there that you can choose from and they are free to join. For instance, trading cryptocurrency is a very popular activity among crypto enthusiasts. Moreover, the trading platform Bitfinex is one of the examples you can join by just signing up where this platform will give you a unique link that you can use on your crypto blog. When people sign up with the link and start trading on the platform, you are rewarded with 18% commission on the trades they are making for the rest of your life. Coinbase and Binance are other popular trading platforms that are free to join but there are many, many more!
Like I stated above, you can join as many programs as you like and you should, however, managing those links could be a real bummer. Below I will list some helpful tools that can you should use when you want to take monetization of your blog seriously.
- Pretty links – A very handy tool that you can use to manage all your affiliate links at a central place. Also, with this tool, you can track every click and there is a dashboard available for tracking clicks visually. Another reason you should use pretty links is that you can use redirects which makes the link more readable for the visitor.
- Optin monster – With this tool, it is very easy to launch marketing campaigns through their API. For example, if you want to give your visitor a free e-book that they can download in return for their e-mail, you can easily do this with Optin Monster. Besides, this platform has a very visual dashboard available that is integrated with Google Analytics to track your campaigns.
- Hello Bar – Another handy marketing tool is Hello Bar. Additionally, with this tool, you can notify visitors of special gifts or campaigns you are running on your site. The idea is that users get notified by a very elegant pop-up on top of your page. This pop-up bar is designed to convert visitors into customers.
Next in the list of programs for monetizing your crypto blog is Google Adsense. Google Adsense is one of the easiest ways to earn some extra income on your crypto blog. In fact, starting is very simple and once setup the right way you just can sit down and wait for visitors clicking the advertisements. How does this work? First of all, you have to sign up for an account at Google Adsense. Also, Google will give you a small piece of code that you must integrate into your website. This code is needed to allow Google to display advertisements that are relevant to your niche. The way monetizing works is that you get paid once a visitor clicks on the advertisements that are being displayed at your crypto blog.
In particular, to know what you will earn per click, it depends on the subject you are writing about. For example, if you have a blog about electric cars(Tesla) you will receive more money per click compared to a blog that writes about healthy food. Simply put, buyers of electric cars have more money to spend than ‘regular’ people trying to lose weight. In my opinion, crypto is a perfect niche because there are a lot of wealthy investors out there looking for some new to earn profits. Also, it is important to know that Google decides what type of ads will be displayed on your site so don’t be surprised if you also get paid for subjects other than cryptocurrency.
In general, the average blog earns about 5 dollars per 1000 visitors. That doesn’t sound that much, however, if you choose your subjects right(evergreen content), these earnings will stay as long as your blog exists. In other words, a perfect opportunity to earn some extra passive income!
Another interesting option to monetize your blog could be accepting sponsored posts on your blog. Especially in the crypto industry developments are going at a fast pace. Moreover, new companies and projects are born easily and one of the first things they need is publicity. As a growing blog that has to build some authority in the crypto sphere, your blog could be the ideal platform for them to publish content. However, if you are a blog with residence in the US it is very important to be a little careful, before accepting sponsored content. In 2009, the Federal Trade Commision accepted a new law that content creators must disclose if the content has been paid for. Also, it is preferable to disclose this information at the start of the blogpost.
To monetize your crypto blog with sponsored content the average blog asks about $50 – $150 dollars for 1 blogpost. However, to be able to ask that amount it is very important that your platform has matured with a large following on social media. For example, the cryptocurrencynews.com platform is asking $197 for sponsored content that is blockchain or Bitcoin related.
As stated above, accepting content on your blog which isn’t yours could be a way to monetize your blog. However, when you are just starting it’s very hard to get noticed by companies in the industry. Growing your audience on social media and attracting organic traffic should be the main focus. One of the tactics many bloggers use is SEO to grow your blog over time. How does this work? SEO means Search Engine Optimization and is a strategy to write content that will rank high on Google’s search engine. SEO isn’t easy and could take a long time before you see the results of this marketing strategy. One of the components of this SEO strategy is building backlinks from other sites in the industry.
To keep things short I will not go into detail about SEO and also I’m not advising you which strategy to use. On the other hand, every website out there has an SEO strategy and when your blog grows over time you will get noticed. Moreover, if you have some blog posts with a lot of visitors then it could be attractive for others to have a backlink on it that points to their blog. In particular, it isn’t unusual to ask a little money for others to put a backlink in your blog posts. On average accepting backlinks on your crypto blog could range from $10 – $75 per link and depends on the authority state of your website.
The cryptocurrency industry is on the rise and more growth is expected in the future. Therefore running a blog in this niche could be very profitable when monetization is handled the right way. It is important to know that blogging doesn’t make you rich overnight but with persistence and motivation, the results should come easily.
Disclosure: This post could contain affiliate links. This means I may make a small commission if you make a purchase. This doesn’t cost you any more but it does help me to continue publishing cool and actual content about Bitcoin & Crypto – Thank you for your support!
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