In other words, you can make good money at blogging. However, the overwhelming majority of bloggers either make little or no money at blogging. If you have a substantial number of page views each day, and you blog regularly, you might be able to make a modest amount of money at it. If you sign up for a monetization program, and at the same time try other ways to make money from your blog, you will increase your revenue.
According to David Risley, here are ten ways to make money from blogging;
1. Membership Programs
You can provide quality content for free on your blog. Then you can offer a premium level program, which offers more information, for a small fee.
2. Information Products
Offer information on your blog including e-books, audio and videos. When you author the products, you get to keep 100% of the profits. Orphan Train ranks #10 in Amazon's top selling e-books for 2014 (http://www.amazon.com/Orphan-Train-Christina-Baker-Kline-ebook/dp/B0089LOG02/ref=zg_bsar_154606011_10).
Build your reputation and brand through your blog; then offer your services offline. "Influx Insights" (http://influxinsights.com/#) is ranked #4 on Google's Top 50 Consulting Blogs.
4. Speaking Jobs
Become known as an expert in your niche. Start offering your speaking services through your blog ex. Chris Brogan http://chrisbrogan.com/
5. Product Sales
Are you an artist? Sell your paintings in an online store. Blog about them to build a following. Irina's Paints ranks number 17 in Google's list of Top Art Blogs (http://www.irinapaints.com/).
6. Affiliate Programs
Offer products of others on your blog. Get part of their profits when your readers buy them. I signed up for an affiliate program with sheilawraygregoire.com.
7. Direct Ad Sales
Provide a banner or in text ads on your blog for a company's product. If you sell the ads directly, you get more money in your pocket.
8. Banner Advertising
Sell network ads through programs like Adsense (en.wikipedia.org/wiki/AdSense), Kontera (https://publishers.kontera.com/) , IDG (http://www.idg.com/) or Tribal Fusion (http://exponential.com/marketing-services/audience-engagement-solutions/tribal-fusion/) .
9. Review products
Review products on your blog through Pay Per Post https://www.payperpost.com/ or Review Me. Here are some recommendations from "The Work at Home Wife" (http://theworkathomewife.com/piece-blog-monetization-puzzle-youre-missing/).
10. Job Boards
Connect to job boards through ProBlogger (http://www.problogger.net/).
For more information, read http://www.blogmarketingacademy.com/top-10-blog-monetization-strategies-ranked/.