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First things first, before you start thinking about designing your blog and setting it up you need to think about how you want to make money with your blog. There are three main ways to do this.

1. Adwords / Pay Per Click Ads - Using pay per click ads you don't have to sell anything to anybody and you can still make money. The problem with pay per click is that they can sometimes make your blog look junkie if you have to many ads running. Remember as long as the content of your blog is in line with your ads people will click on them so you don't have to jumble your blogs with ads. And if you strategically place your ads between important paragraphs or beside important segments of your blog your guaranteed to get people clicking on them.

2. Affiliate Products - If you can find a good affiliate product to promote this is the second most profitable way to make money with your blog. To find a good affiliate product go to Clickbank.com and look for a product with a high gravity rating, a high gravity rating means that the product is selling. And make sure that the product you choose to promote pays you at least 20-30 dollars per sale. You don't want to promote anything that's not going to make you any real money.

3. Sell Your Own Product - This is the most profitable way to utilize a blog. If you create your own products you can keep all of the profits. With adwords and affiliate products your forced to share you commission with somebody else.

Creating a products isn't as hard as some people make it out to be. A lot of people think that they have to create products catering to undiscovered niches to make any money online. But the truth is, with all of the new people that browse the internet every day, if you can provide them with a helpful product, they don't care if someone else has a similar product. So try to look for things that people need help with when creating your products.

And of course if you can find a under serviced niche that nobody is servicing, by all means create a product for it. With no competition your guaranteed to make money if you offer a quality product.

After you've decided on what method you want to use to make money on with you blog, the next step is to drive traffic to it.

The best way to get traffic is to do good keyword research on content that you think people will be interested in and make the keywords the subject title of your blog and any post that you make to it. After you post new content to your blog, submit the articles that you posted to article directories with a link back to your blog. This will give you a steady stream of traffic.

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Blogging is probably one of the fastest growing areas online with more and more bloggers wanting to make money blogging. Here's 6 ideas you may not have even thought of.

Here's 6 easy methods to start generating an income from a blog.

1. Sell advertising to different companies and brands who want to reach that blog's readers.

2. Sell advertising directly to companies who want to put banner ads or sponsored links on your blog. This can take a bit of time, but it is often fairly lucrative. If you have a lot of contacts in industries that are related to your blog, you may want to try to go this route.

3. Creating positive associations between the blog and an affiliate product in the mind of consumers. This kind of blogs can make a lot of money, especially if the creator has a keen mind for marketing.

4. Selling space through Google's AdSense program. One big advantages of this idea is that it requires very little effort on the part of the blogger or webmaster to begin making profits. However, most people discover that they make less money through this method than they had hoped that their blog would earn.

5. Rent blog space to interested companies. The most serious problem with this model is that you often have to build quite a sizable readership before you can attract advertisers, which can mean that you have to do several months of work before you start to make money blogging.

6. Approach traditional business to build a blog for them to create positive associations with the brand in their consumers' minds. As blogging becomes a more popular a lot of established companies are considering how they can get into the action. One way is by having a blog that provides a kind of friendly face for their corporation.

To learn more about making money from your blog, visit http://7dollarbooks.com and get my Free 7 Days to Blogging Success E-Course.

Joseph Murray is a professional online retailer working full time since April 2006 and the founder of several successful websites including the 'Newbie Warrior Forum' and '$7 Dollar Books' as well as numerous niche sites.

http://www.7dollarbooks.com