Of course selling your time for money is not the most scalable way to make money online. One of the ways in which to create a business that can scale to your needs is to sell products online.
Platforms such as Wix, Shopify, Woocommerce & Etsy have made it cheaper and easier than ever for anyone to create an online store and sell products online.
Selling physical products online can be hard to setup as you will need to deal with storage, shipping and even deal with things such as local taxes and distance selling laws. Of course a lot of this headache can be resolved by finding a company who will offer a white-label or drop shipping service leaving you to worry about getting traffic and updating the website.
If you don’t want the headaches of dealing with shipping goods and storing them then creating digital goods can be a great way to make money from selling products and taking advantage of scaling your business. Anything from productivity software, to knitting patterns, to recipes or even training courses can be delivered electronically.
If you’ve got a really active community within your blog that are looking to learn more about what you’re writing about, then there could be an opportunity to create a paid membership area.
This would require members to pay a fee to see extra content on your site (usually learning resources or videos).
For example internet marketer Brian Dean runs a successful SEO membership site called SEOThatWorks.com, . Which even though it costs nearly $2k to join he has had scores of happy members join.
eBooks & online Training Courses
As I mentioned earlier if you looking at offering consulting or training services then it might be worth packaging your materials together into an online course. By offering MP3 or video downloads your students can follow along at their own pace. This is a very popular blog monetisation strategy especially within the online marketing space.
There’s loads of up-sell opportunities from offering training courses and it can easily be scaled if it is mainly self-teaching materials. Not only this, but you can start gathering email addresses from your trainees and start marketing new courses to them.
Although there is high potential for revenue, it’s not always an option for blog owners that don’t have a lot of time/resources.