So, finally we have a website that’s attracting a lot of traffic. But traffic-by its lonesome-is not enough. The next step is figuring out how to turn those visitors into currency or else using some affiliate marketing tricks.
Monetizing a website sounds like hard work, but the monetization methods themselves are pretty straightforward. If the traffic is there, there is no reason why the following website monetization strategies won’t pay off for you.
Can you monetize any website? The short answer is “yes.” It’s important to remember that the site isn’t what makes money. The website is a tool to promote your business model. Your business idea is what will attract people and earn your money.
Making money from the website is not an easy task. But you can do it; here are some tips which help you in making money from the websites, which is called website monetization.
So, let’s get started with first trick that is affiliate marketing.
Affiliate Marketing/ Affiliate Links
Start by finding the product you like and would recommend. Then on your website, you endorse the product and promote it to your website visitors and email subscribers. If the product or services resonate with these people, they will click on your affiliate link, purchasing the product.
The commission might be anywhere from 30% of the product or service price, up to as high as 70%.
The Amazon Affiliate program, for example, lets you promote Amazon products in a variety of ways, which entitles you to a percentage of any sales they make to people coming from your site.
Sell Banner Space
If your traffic levels are impressive enough, you can sell banner space to other companies within your niche.
It’s as simple as reaching out to them with others or setting up an advertising page with all the details. You can also add placeholder banners that invite people to contact you in order to advertise here.
Write Product Reviews
If your website or blogs revels to a particular industry then, there are likely software and hardware products that you can review.
Reach out to the companies behind those products, and offer to review their stuff in front of your large audience – for a fee. The company in question may even provide you with the software or hardware free of charge. Do whatever you can to start getting more product reviews.
Pay-Per-Click Ads (PPC)
As the name suggests, a pay-per-click ad entitles you to money every time one of your visitors clicks on a banner.
To cut to the chase, your best bet here is Google AdSense. Google lets you specify the type of ads you want to be shown on your site and then gives you the code to insert into your sidebars and content. They will then pay you for every click they get. It’s as easy as that.
Sell a Digital Product
While selling your own product may not be as immediately as simple as rest of the items on the list, it has the potential to bring in a lot of revenue over a long period of time.
For example, you could put an eBook together and make it the focal point of your website. Depending on your niche though, the possibilities could be endless.
Don’t want ugly banners cramping your site’s style? In-text ads are the way to go.
By signing up with a popular in-text ad company, certain words within your content will be automatically hyperlinked to relevant websites. Visitors who hover over the link get a preview before they click, so it’s often welcomed as a relatively safe and noninvasive advertising process.
Become a consultant
If you’ve been harping on about a subject for a number of years, you may be considered as an expert in your field.
If that’s the case, you could begin offering professional consulting services within your niche.
For example, if your blog revolves around health and fitness, you can charge for personalized diet plans, workout schedules, and so forth.
If you are enough of an expert to consult, you are also in a position to create and sell online courses. You can pre-record them and sell them as the downloadable file, or you could have them hosted somewhere so you can charge your audience for access.
Host Live Workshops
Don’t think your audience will go for pre-recorded courses? You might want to try live broadcasts instead; where you can teach, interact with your audience, and answer questions.
You can host live webinars and workshops through free platforms like YouTube and charge your audience for access. You can also charge companies to sponsor your broadcasts.
Start a Job Board
This one may not work for everybody, but if your website possesses a thriving community in the right market, a job board could rake in the cash.
As an example, the Pro Blogger Job Board – the go-to job board for budding bloggers – was started by Darren Rowse after his website Pro Blogger soared to digital stardom.
Hope the details which we cover in this article will help you and resolve all your problems. The details will help you to monetize your website.
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