In a word. Yes. There are several ways to make money from your blog.
You can sign-up as an Amazon affiliate and run banners to Amazon by clicking this link here: https://affiliate-program.amazon.co.uk
After approximately six months of posting frequently on your blog, your blog will become eligible to start using Google Ad Sense. This allows you to run ads for your affiliate products.
Both of these techniques work well and in time may provide a profit.
However, it’s good to remember that the purpose of your blog is to position yourself as an expert in your niche. To truly monetize your database and your email list you need to be driving traffic to your opt-in page.
The purpose of your opt-in page is to encourage clients to subscribe to your list in exchange for a free gift.
You may also add pop-ups to your blog, along with an opt-in box. Both of these can be added to your blog using your autoresponder and will immediately add people to your list.