• AdSense
• Advertising space for banner ads
• Donations
• Affiliate marketng / programs
• Product Reviews
• or selling your own service or products

Monetizing your blog entirely depends on your goals and your target audience. Different target audiences respond to different monetizing strategies. For instance, if you have a humanitarian blog, they are more receptive to donations and the like. Or if you have a gardening blog, visitors will mostly click on your gardening related banner. Develop a strategy by understanding the mind of your readers. When designing your blog, see to it that the layout blends with the whole theme of your blog. For instance, if you are planning to use Adsense, you might go for a clean  layout for your colors and lines. Don't be afraid to change or tweak your design. Doing this will increase your feedback and performance results.

Traffic Generation

Drawing traffic to your site and making your visitors happy is another part of creating a successful blog. Without traffic, you can't grow your bank - ever! Therefore, if you want to make money, go out, find, and attract traffic.

Making your readers bookmark your blog has proven to be easy for a few web operators. However, the same thing cannot be said for the many others in the market. Additionally, it is a lot harder if you have just created your blog a couple of months ago, and not a single visitor has paid due attention to your content. However, employing proven strategies will eventually build loyal and returning readers over time.

Creating content on what you love to write

Blogging involves a whole lot of writing and if you're writing about a topic that is your very own passion and specialty, then this wouldn't be a big deal. The more you know about the topic, the better the things you can share to your readers and this, in turn, would make yourself an authority to learn from.

Make your blog as viral as it can get. Remember, when people like your blog, they will talk about it and share it with their friends. Friends can add up to millions of regular visitors in the long run.

Update your content regularly

You have already heard this before, that content is king! Have you ever visited a blog or a website that hasn't been updated for months? Do you think you yourself would care to visit it again? I don't think so. Now, if you provide valuable, insightful, relevant, and  fresh content in your site, your readers will flock your blog in no time.

Additionally, having keyword-rich articles will make search engines all the more happy to crawl and index your site, which will lead to more organic traffic. You will also benefit from inbound links from other sites, and again, this brings you more targeted traffic and higher search engine rankings.

Establishing relationship with related blogs

Another way to increase your rankings and traffic is to establish links from other authorities and related blog sites. The more traffic coming from other sites, the more readers you will have.  Probably the easiest way to achieve this is to directly contact the blog owner and exchange links with him. You can also surf the web for similar blogs and linking will give your readers the sense of credibility in your writings. Using this technique, you will be viewed as the main source and only referring to other sites for relevant info.

Novice bloggers that want to make money should know that blogging requires hardwork and dedication. Many people are now taking advantage of blogs to generate stable income and mass revenue. Applying sound search engine optimization techniques will guarantee your way towards success.

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Source: http://www.content-graphics.com
Content Graphics is a website that provides high quality and cost effective articles for your websites, ezines, autoresponder campaigns,  eBooks, marketing materials, and the like on a large assortment of topics.