1) Cost-Per-Click (CPC) Advertising Programs
CPC advertising programs are the best money making programs for most of the bloggers. They are suitable to all kind of blogs with family-friendly content regardless of their traffic level and age. CPC programs work well on blog because they display contextual ads that are highly relevant to blogs content and bloggers will earn anywhere between 10 cents to 50 cents for each contextual ads click by their visitors. With proper CPC ads optimization and consistent amount of traffic, a blogger can earn a steady amount of money displaying CPC ads on his/her blog. Google AdSense is no doubt, the undisputed king of CPC advertising programs and Yahoo Publisher Network is the closest alternative of AdSense.
2) Cost-Per-Action (CPA) Advertising Programs
CPA programs is quite similar to CPC programs except CPA programs don't pay bloggers for each click on the CPA ads hosted by bloggers. The blogger only makes money when the visitor takes an action on the CPA advertiser website. The action can be a sign up, making a purchase, generating a lead, downloading a product and more. CPA networks pay a lot more than CPC programs, for a visitor sent by the blogger from his/her blog to a CPA advertiser website and the visitor taken an action on the advertiser site, the blogger can earn few dollar to fifty dollar depend on the niche. But CPA ads tend to work well on large traffic blogs only. AzoogleAds.com, Commission Junction and Advertising.com are some of the largest CPA networks.
3) Promote Affiliate Programs
Marketing affiliate programs is very common nowadays. You sign up with affiliate program of an online company, then decide whether to use the company's text link or banner ads on your blog to promote the company's products or services and earn affiliate commission when a visitor make a purchase through your affiliate link. Affiliate programs can be promoted without a website and blog too.
4) Pay Per Post Programs
Pay per post programs started last year. The programs pay bloggers to write a blog post about a sponsor's website. The paid blog post can be a review or an introduction on the advertiser's website, products or services. The blogger will be paid a least $5 for each sponsor post. Blogs that have massive traffic, high Google PR and large number of subscribers can charge a few hundred dollar for just writing one sponsor post. Here's are the two most popular Pay per post networks that offer this type of earning opportunities:
The downside of pay per post is that writing too many sponsor posts that are not relevant to your blog content can seriously affect your traffic.
5) Sell Text Link Ads
Selling text links on your blog can be a great source of additional online revenue. It is not difficult to get started, just go to Text-link-ads.com to sign up an account, then decide which part of your pages you want to display paid text links, set your price and you are ready to take order. Text-link-ads.com will handle all the promotional works. Another company that offers the similar services as Text-link-ads.com is Reverselinks.com
6) Hosting Web Poll
Vizu Answer offers a pretty new way to monetize your blog's and website's traffic. The pays the publishers on a cost-per-thousand impression (CPM) basis for hosting targeted web poll. The money a blogger can earn from hosting poll is depending on the page views. The more page views, the higher the earning.