5 Ways Nigerians Can Make Money From Blogs

Blogging is a little known and unexploited opportunity by Nigerians to make money online. Some people do it just for fun while there are those who live of the income it generates and use it as means of expanding an existing business. There are people who generate a few thousand to ten of of dollars monthly just from blogging. And do you know the great thing about it? You to can make that kind of money as a Nigerian. In this entry I’ll try to summarize a few ways you can make an income from your blog.
Do you have a topic that you passionate about and that you can write very well on? Something that other people around the world would love to read about? It can be on any topic imaginable. Many of the people who write blogs today simply want to share their opinion on something. But there are a number of business-minded folks, who have found a way to use blogs or Web logs to bring in a good amount of extra cash too.
If you're interested in taking it further — blogging for dollars, if you will — here are five strategies that can turn your blog into a cash machine.
1. Sell advertising(PPC Advertising). This is probably the most common means of leveraging a blog to generate an income.Google AdSense is definately the most popular option under this category, but there are also others. If you are using the free google blogging service at www.blogger.com, there are options when signing that ask you whether or not you would like to incorporate google adsense into your blog.Then google will then place contextual ads (either text or images) relevant to your blog, and you will earn a certain amount of money for every click.
2. Affiliate Marketing
Affiliate marketing is a very popular and financially rewarding practice on the Internet. Under this system you have a merchant that is willing to let other people (the affiliates) sell directly or indirectly its products and services, in exchange for a commission. Sometimes this type of advertising is also called CPA (cost per action) or CPL (cost per lead) based.
Affiliates can send potential customers to the merchant using several tools, from banners to text links and product reviews.
In order to find suitable affiliate programs you can go to individual companies and publishers like Dreamhost and SEOBook, or sig up with affiliate marketplaces and networks.
List of popular affiliate marketplaces and networks:
• Commission Junction
• ClickBank
• Azoogle Ads
• Link Share

3. Create Your Own Product
You can create your own ebook, training course, product or service and sell it through you blog. By creating something unique and in demand you stand the chance of making a large profit from marketing it online through your blog.
4. Use Your Blog To Build Your Business
A 100% guaranteed route to success, if you're willing to put in the effort, is to use your blog to build your business. You can do that by:
Demonstrating your expertise.
Building your SEO(Search Engine Optimization) leverage with great, link-worthy content.
Creating a history and a tone to which you can introduce to prospective clients.
Acquiring and presenting a body of knowledge that establishes you as an expert.
Building a general presence among potential customers.
Inviting others to and read your latest creation.
It's not all that easy. It can take a while. But it works, wonderfully. I am yet to see someone who writes insightful, thoughtful material 1-2 times a week fail at it.
5. RSS Feed Ads
With the widespread adoption of the RSS technology by millions of Internet users, website and blog owners are starting to find ways to monetize this new content distribution channel.
Feedburber already has its own publisher network, and you can sign-up to start displaying CPM based advertising on your feed footer. Bidvertiser recently introduced a RSS feed ad option as well, with a PPC scheme.
Finally, some blogs are also opting to sell banners or sponsored messages on their feed directly. John Chow and Marketing Pilgrim are two examples.
Related links:
• Feedburner
• BidVertiser
• Pheedo
For those who know that they can’t really write a very high quality blog that will draw large numbers of users they can use the quantity over quality strategy. If for example you’re making only $100 monthly from a single blog if you open 10 different blogs that’s 100 times 10 which equals $1000 in a single month. That’s about N150,000 at the present exchange rate. And that’s just one of the ways that you can make money from the hundreds of thousands of money making opportunities online.

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