Google has introduced a new way for bloggers to monetize their content, by launching Affiliate Ads for Blogger.
Bloggers who seek to monetize will first need a Google AdSense account. After posting a new blog, a new 'Advertise Products' tab will pop up in the 'post settings' panel. Users who blog about a product made by an affiliate advertiser will be automatically assisted by the Google Affiliate Ads gadget to help display the correct ad on the blog - this system is presently only available for bloggers in the U.S. From there, users are able to pick what type of ad they'd like to display - simple text, an image, or a full banner - and post the ad to their page. If a follower of the blog clicks the ad and goes on to make a purchase, the owner of the blog can in turn make a commission.
Finally, bloggers can be paid via their AdSense accounts, and Google states that bloggers don't have to run AdSense Ads to make money off of Google Affiliate Ads - which keeps ad content within blogs at least relevant to the writing.
Regarding Blogger, Google has also recently released two other gadgets to better integrate a Blogger account with Google+. The updates includes a Google+ badge for blog pages, as well as a simple "+1" button to add to posts, for readers to share.