If you are just starting out to make money online by starting a blog, then, you must first know the two major ways that people generate revenue out of their blogs.
The first and most common way to turn a blog into a profit making website is to sell advertising space to different companies.
The second kind of money making blog is one where you sell your own products or services or sell others products and services. While both would fetch you good money, selling your own products would give you immense satisfaction.
If you are blogging with the goal of selling advertising space, there are again two basic ways that you can go about it. Reaching out to companies on your own or you can let someone else do all of the legwork for you.
Within the first group, many people make money blogging by selling space through Google's AdSense program. The advantages of this program are numerous, as it requires very little effort on the part of the blogger or webmaster to begin raking in profits. However, most people discover that they make less money through this method than they had hoped that their blog would earn. It is invariably disappointing.
Of course, it is not the end of the road. Though selling advertising directly to companies who want to put their banners or text red links on your blog can take quite a bit of time, it is often fairly lucrative.
People who have a strong background in sales and are experienced at pitching proposals can make quite a bit of money by renting blog space to interested companies.
To be successful in this method, you must show quite a large number visitors to your blog. This won’t happen overnight buddy.