Top 5 Ways to Monetize your Website
You have gone to the trouble of setting up a website for a reason. Usually that reason will revolve around what motivates most people, most of the time – money. So herein lies the question as to how to best monetize your website so as to generate a return for your efforts.
Following five ways to monetize your website:
- Write an eBook
Do you have something unique to offer? If you do then write an eBook and either offer it for sale or give it away on your website. Do I hear you ask how you are going to monetize your website by giving things away for free? Having a website, if you want it to be successful, requires you to build up a community of followers as this is what you have to offer others – your community. By offering something for nothing you will receive details that can be used to build your community base and generate money on an ongoing basis.
- Pay Per Click Advertising (PPC)
Although not a big money spinner in and of its own, PPC advertisements are well suited to sites which already have a large following as the price paid for every advertisement that is clicked is not high, consequently it is a model that relies on volume. Each advertisement has a Cost Per Click (CPC).
- Paid Membership
If you are really good at what you do and have a strong and loyal following, you can request paid membership to access your content. Of course, not all content should require payment but you can request payment for premium content. After all, if you have a speciali talent which is in demand, why shouldn’t people who require it pay for it? The payment may be a one time or monthly fee.
- Social Media
Social media is a dynamic platform with billions of adherents. There are forums that are optimally suited to every different type of content you have on offer. So how will social media help you monetize your website? You can use social media to drive traffic to your website by frequenting relevant sites as a contributor and using the following you build up on social media to drive people to your website. Remember, the more followers, the greater the potential for making money.
- Merchandise Sales
If you have built up a core following of visitors who can’t get enough of you, sell them merchandise. T-shirts, dolls, whatever takes your fancy are great money spinners from your website.
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Now days most of blogger are choosing eBook writing because It’s great way to earn more than putting advertising on blog. If you did some good tricks then you share on your blog and then only go for writing book because if you go directly then no one can trust you. Thank you for suggestion.
Yes Nikhil, an ebook can drive huge traffic to your blog and you can sold it too.
Thanks for your comment.
If you have a solid traffic and running on just AdSense, you’re missing out! I recommend upgrading to the premium version called Google AdExchange. I made so much money after implementing it. I signed up via a company called MonetizeMore. I’ve been working with them for a couple of months now and it’s been great.
Ahh That’s great Martin – I’ll surely check out.
Thanks!
All great tips Sharon and solid insight in the comments section too.
Ad revenue can grow big-time if you grow your blog big-time. Too many bloggers lowball themselves by dreaming small. Why not make hundreds of thousands in Ad revenue like some monstrous blogs? Sound too difficult? Well you are not dreaming big enough lol!
I dream big and act like an animal – in a good way 😉 – daily to monetize my blog and live a freeing life. So far, so good.
Thanks for sharing!
Ryan
Glad you liked the monetization tips.
Thanks for your comment.
I just wrote my first ebook that I am using to give away to my subscribers. I am thinking about writing another one to begin promoting. However, one thing that I have realized is that getting good followers is a lot of hard work.
These tips will definitely come in hand when I begin growing my blog. I don’t spend a lot of time monetizing my site yet, as it is still new and I really don’t get a lot of visitors.
Glad to know that you wrte an ebook. What is the topic of your book? Do let me know I’ll read your ebook.
Thanks for coming by and leaving your comment.
Writing an eBook has been so popular these days that I think almost every website I frequent is publishing or has published an eBook recently. So I think it really is an effective way to monetize one’s site. Social media, yes, I would also agree but I don’t think in a direct way.
Nice article!
Riza, Kingged.com contributor
Thanks for stopping by and leaving your comment.
You are quite right . All the points listed in this write up are good ways to monetize a blog. But let me also say that rendering a service like proof reading, writing, blog set up and customization, membership, etc are also good ways to monetize your blog..
A lot of blogs are also making money from sponsored posts and sponsored reviews these days. It’s good to take a properly look at your blog and your niche area before deciding on how best to monetize it.
Sponsored reviews and posts are also good to monetize our website. Thanks for sharing your thoughts.
Hello! Working online can be tedious and tiring at times without having the right tools and techniques for the job. Thanks for this article and you are doing well.
What ways do you feel a website can be most productive when it comes to asking about resources and financial gains? Like this – What company would hire an online marketer?
This is an awesome list! I’m trying to help a friend of mine sell some stuff, so I needed the info on affiliate programs. Thanks!