Hosting online summits is a fantastic way for bloggers to generate income while establishing authority in their niche. An online summit typically involves bringing together industry experts, influencers, or thought leaders for a series of interviews, presentations, or panel discussions. Bloggers can monetize these events by charging an entry fee, offering VIP passes with added perks, or securing sponsorships from brands interested in reaching the summit's audience. For example, if you run a health and wellness blog, you could organize a virtual summit on mental health, inviting experts in the field to share their insights. Attendees could pay for access to live sessions, downloadable materials, or replays. Sponsors may also pay to have their brand featured in the summit, further boosting your revenue. Additionally, online summits help expand your audience by attracting participants interested in the topic, who may later become regular blog readers or customers. Summits are also a great way to network with industry leaders, creating opportunities for future collaborations or partnerships.