Just wanna share the monetization flow I learned from an online course:

C - T - P - M

C - Content
T - Traffic
P - Pre-Sell
M - Monetize

It all start with your Content. Quality content that satisfy your readers needs. Does it solve their problems? Contents will create Traffic as your readers increase..

Pre-sell - Don't go straight for their wallet. It's a lot like dating, take it slow & steady. Pre-sell your readers by being generous first. Build interest and trust. People go online with a thick 'bullshit detector' shield system around them. Like a Klingon Bird of Prey from Star Trek. You need them to 'lower their shield' first before they even consider buying from you.

Monetize - The Holy Grail. The Touch down. Ask yourself, would you prefer to buy from someone you liked & trust, or someone who you don't even know?

I hope this info helps...Good Luck.