Found this article in the Microsoft Small Business Center website on tips for making money with your blog. To summarize, the tips are:

1. Sell advertising (surprise, surprise) - you can either apply to contextual advertising programs or sell ad space directly to companies who are interested in the subject of your blog.

2. Help others sell products, i.e. affiliate marketing

3. Ask for donations - seen those PayPal “Donate” buttons?

4. Market your services - if, for example, you’re a writer or graphic designer, etc.

5. Build customer relationships - get your customers to buy more from you.

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