We can categorize the ways to earn revenue from blogging in two broad categories: direct monetization and indirect monetization. Direct monetization is perhaps the most popular approach--namely web advertizing. Bloggers can always experiment with the two approaches to learn what is best for them.
Direct Monetization of Blogs
- Advertising: banner advertizing, text link ads, website and web page sponsorship, Adsense or PPC ads, etc
- Sponsorships
- Paid reviews
- Membership component to your blog for specialized or high-value content
- Text links ( This one is controversial. You can lose your rankings if you are caught. )
- Paid placement of paid reviews (in addition to the paid review)
Indirect Monetization of Blogs
- Freelance contracts deriving from your blog work
- Service contracts both from your authority about the topical content or as a blogger
- Courses, classes or workshops
- Membership websites and paid communities
- Books and eBooks
- Speaking engagements