Websites are fun to create and mess around with, and if you’re good at it, you can make a really awesome website that gets a ton of traffic, but maybe you’re spending a lot of time on it and want to make that time worth it, or just want to make some extra income from your website and are looking to monetize it. You’ll be glad to hear that there are many ways you can monetize your website, so read on to find out all about them.
Method 1 – Google Adsense
In Google Adsense, advertisers pay you to place their advertisements on your website, and you get paid for each click that the advertisement gets. The best part about this is that you don’t even have to make sales to get paid, you simply get paid for every click that you manage to get. One thing to note about this method though, is that you should not click on your own advertisement to try to get more clicks for more money as firstly, it’s unethical, and secondly, you will get found out and that asvertiser may then not pay you at all.
Do note that ads may ruin the user experience of your visitors especially if your ads are not relevant to them, so do be careful with this method.
Method 2 – Selling Ad Space
Another way that is also related to ads is to sell ad space. Selling ad space means selling the space on your website to companies who might be interested in it. There are 2 ways you can do this.
The first way is to get paid by the amount of impressions you get. Usually its quoted as a price per 1000 impressions, or CPM, eg $5 for every 1000 impressions. Now you may be wondering why the price is so low as compare to clicks. Note that impressions are different from clicks and impressions is counting every visitor that comes to your website, whereas clicks are when they actually click on the ad, so if you feel that ads are not going to be getting many clicks on your website, it might be better to stick to CPM instead.
The second way is to simply sell the ad space at a fixed price per month. For example, $1000 per month per sidebar ad. This way gurantees you will get paid at least a certain amount every month, but if the ad could have gotten a lot of impressions or a lot of clicks, then this method limits the extra earnings that you could have made.
You can sell your ad space on websites likes BuySellAds and Advertiise.
Method 3 – Affiliate Links
This third method refers to putting affiliate links on your blog so that when people buy products or services through those links, you get paid a fixed commission. To do this, you simply have to find a product to promote that has an affiliate program, get your affiliate link, and then put it on your site. It’s as simple as that.
On top of this, there are thousands of products that have affiliate programs out there, so no matter what niche you are in, you will never have to worry about not having a product to promote. To learn more on how you can do affiliate marketing, click here. To learn how to monetize your wordpress blog, click here.
Method 4 – Selling Your Own Digital Products
This fourth method can be rather troublesome, as you will need to create your own program or ebook and then pitch it to customers on your site. However, there is an easier and faster way to do this, and it is called Master Resale Rights Products. What Master Resale Rights Products are are basically products that you can resell to others and keep 100% of the profits. You can find hundreds of these products here.
Once you have a digital product to sell, you will need to set up ways to collect payment securely to collect payment from people who buy the product. You can do that with Simple Paypal Shopping Cart. You can read more about it here.
Method 5 – Generate Leads For Other Companies
The last way, generating leads for other companies refers to getting people’s contact information like their emails and names and selling it to companies who will want it. For example, if your website is about cooking, then companies who are selling cooking products would want to get the information of the visitors to your site to promote cooking products to them.
You can find opportunities to do this at MaxBounty, Neverblue, or Peerfly. However, do be careful as you will need to let your readers know that you are selling their personal information to avoid getting sued in the future.
I hope I’ve done a good job of answering “How do you monetize a website”, and you are ready to start making money with your website.
I wish you all the best on your journey.