How to Monetize your Website?
Do you have a website and are looking forward to make some money from it? Then, this article is for you. There are many ways in which you can make money from your website. I have explored some methods to make money here.
Let me tell you one important fact. Making Money from your website requires just two things, your website and visitors. If you have a website with the best revenue generating system in the world, but you are unable to find any visitors, you will not earn much. However, even if you have the worst money model on the internet and you still have hundreds of daily visitors, then Money will come pouring down into your pockets. So, aim to bring as many visitors to your website as possible.
Here are the ways in which you can start earning money from your website.
1) Google Adsense
Google has a very good advertising system. But where are the ads placed? These ads are placed on google search pages and the websites of other people. You can get these advertisements on your website too. Google pays you a share of the revenue that it generates from those advertisements. It pays you on every click that you can generate through your website.
2) Affiliate Marketing
Affiliate Marketing is one of the best ways to start making money without risking any investment.Affiliate marketing is a strategy whereby you sell the products that others have made or the services that others are offering. The business owner then gives you some commission which can be as high as 75% per sale.
Advantages of Affiliate Marketing are as follows:
a) You are working from home. This means that you do not have to waste your time in travelling from and back to office. You can also focus more on your family.
b) Very Low Overhead Expenses. You do not need a factory, a store or even a product. You avoid all these costs. All you may need is a website.
c) No stock or inventory tension. All the tensions related to the product would go to the product owner. You just need to sell them.
3) Sell your own product.
You can make your own product and sell it on the internet. You can also hire affiliates to do all the selling for you. This is the other side of the coin of Affiliate Marketing. Here, you are not the one who is selling the products of someone else but other people are selling your product. Again, clickbank can be of use. However, they charge around 50 dollars as an activation fee. But, if you are investing so much in making and designing your product as well as your website, I think the 50 dollar activation fee is not a big deal.
4) Offer some service
Are you an expert in something? Can you offer some special services? If your answer is yes, go ahead and offer that service on your website. There are hundreds of professionals earning their bread and butter this way. For example, if you are good at website designing, make a great website and offer your services to others. Your website, in this example, can serve the purpose of sample of your service too.
5) Create something like Facebook or Google
Yes, you can do it too. Both of these websites were started by some people who were just starting out into the world of internet and both these websites have ruled the internet since they came online. It is not necessary that you create something that becomes the leader of the market. You can always be amongst the top few companies and still be earning much much more than what you can imagine right now.
These are the most common ways of making money online through a website.
With any of these methods and with enough visitors, you can start thinking of an early retirement and a great life after your retirement.