A sponsored post is simply a post published on any targeted website/blog which is explicitly sponsored as an advertisement by a particular company or an individual. The essence of a sponsored post is to get a large amount of popularity through promotion on active or most viewed websites/blogs in a particular niche. Companies or individuals do this to increase their brand awareness and to get more users from authoritative blogs like www.babsol.com.ng
You can add this model to your streams of online income or as a substitute or replacement of other pay-per-click advertisement formats, such as web banners, text and rich media. What you need to do is to get companies or individuals who can sponsor posts on your blog posts. These posts contain links/URLs that point to the home page or specific product pages of the website of the sponsor. As a blogger who publishes sponsored posts, you receive compensation in the form of money, products, services or in other ways specified by the company of an individual.
Companies or individual business owners get to send their products/service to review. They supply the materials to use and then pay the fees as soon as the post is published. You too can do this on your blog and make steady income from publishing sponsored posts.
But…. There is a problem! And the problem is, you need large numbers of blog readers and you need companies who will pay you to publish their reviews/posts on your blog. It’ll be hard to get lots of sponsored posts opportunities if your blog is not authoritative. It’ll be hard to get companies or individual business owners to contact you for sponsored posts if you don’t have a convincing readers base. In essence, you need traffic and you need to make your blog authoritative in the niche you have chosen. On the traffic issue, if you have like 1000 daily readers, you are good to go.  You will find lots of helpful things you need to do to make your blog an authoritative blog.
On the issue of getting companies or individual business owners to have their products/services promoted on your blog, there are various places on the internet where you can get to connect with companies. I will recommend a bloggers job board called BlogExpose. This bloggers job board helps in connecting bloggers with companies or individual blog owners who need to get the word out about their products/services.

You will be paid for every post you publish on your blog based on the requirements of the company or business owner.