How to Build and Monetize a Technology Entrepreneurship Blog: Monetization Strategy

Monetization Strategy: How would you make money?

The consensus, today, is that affiliate marketing is a good monetization model for blogs in general.

Advertising rates are just too low to move the needle.

Specifically, for your entrepreneurship blog, a viable model would be to build upon the Udemy-1Mby1M affiliate program.

Each of our Udemy courses costs $39.99-$89.99. 

Udemy offers them at a discount from time to time for around $10-15.

Once an entrepreneur / aspiring entrepreneur discovers one of our courses, they will keep doing more. We’re already seeing this behavior. 

10-15 courses per student is not unreasonable.

$100-$200 LTV per student is not at all unrealistic.

Udemy offers a 25% affiliate commission.

So let’s do some math.

100 entrepreneurs x $3 (25% commission)  x 10 (courses) = $3,000 in potential revenue for you.

1000 entrepreneurs x $3 (25% commission)  x 10 (courses) = $30,000 in potential revenue for you.

10,000 entrepreneurs x $3 (25% commission)  x 10 (courses) = $300,000 in potential revenue for you.

100,000 entrepreneurs x $3 (25% commission)  x 10 (courses) = $3,000,000 in potential revenue for you.

We also provide Content for Udemy – 1Mby1M Affiliate Partners.

You can become a Udemy Affiliate here.

Native commerce is an emerging trend, but the providers of native commerce are only working with very large sites (1M+ uniques). 

Initially, you won’t qualify.

When you do, come talk to me, I will help you navigate to the right partners.

Photo Credit: Sergei Tokmakov Terms.Law from Pixabay

This segment is a part in the series : How to Build and Monetize a Technology Entrepreneurship Blog