There are a few ways to earn money through blogging. Some of these common methods used are through contextual ad program, affiliate program and selling their own digital assets.

Advertisement Space

There are two basic methods that you can go about recruiting sponsors who want to put ads on your site; either engaging someone to do all of the work or doing it yourself.

Within the first group, most of the people make money blogging by selling space through Google's AdSense program. It requires very little effort on the part of the blogger to earn profits. Another two popular ones with many is BlogAds. A more recent addition that many are using successfully are Chitika’s eMiniMalls and CrispAds, Text Link Ads.

Another approach is to sell advertising directly to companies who want to put banner ads or sponsored links on your blog. This can take quite a bit of time, but it is often fairly worthwhile.

If you have a lot of contacts in industries that are related to the topic of your blog, you may want to try out this approach. People who are experienced at pitching proposals can make quite a bit of money by renting blog space to interested companies.

The most fundamental challenges with this approach is that you often have to build a sizable readership before you can attract advertisers, which can mean it will take time before you start to make money blogging.

Get paid for blogging

Another method is to use pay per blog service. It is an incredible new self-service marketplace that allows you to get paid to blog about the products, services and websites you love.

With this service, advertisers are willing to pay you for your opinion on various topics.

Using of Affiliate Programs

Affiliate programs enable your blog to serve as a conduit between readers and online sites offering various goods and services. An affiliate program provides a means for your readers to click directly from your blog to Amazon to obtain further information about the book. If they break out the checkbook or charge card, you get paid as well.

There are larger affiliate programs like Amazon, Linkshare, Clickbank and Commission Junction but also literally thousands of others from the large to the very small.

Selling Your Digital Assets

Blogs are an ideal venue to share your thoughts with others, but don't overlook their capacity to generate new business as well.

Increasing numbers of bloggers have been developing other digital assets to support and add revenue streams to their blogs. By this, I mean more and more e-books by bloggers, courses or tele-seminars run by bloggers being advertise in their blog. This create an additional ways to generate incomes.