Last Updated on 6th October 2020 by Ajmer Singh
How to Make Money from a Website?
Are you aware that you can make money with your website? Do you want to know how to make money from your website? If yes, you have reached the right place. In this post, we will show you some amazing techniques to monetize your website.
Some ways are easy, while others need some efforts. If you have a running website, you can implement these techniques to earn a living out of it.
Although it is not as simple as it seems, it is effective. You have to dedicate yourself completely to maintain your website. It is very easy to start your own website. The hard work is when you have to maintain it.
You have to invest your time as well as some money to run your website. Moreover, you will not be able to generate returns immediately. You have to wait until the cash flow starts. All the time and efforts will be worth it, though.
Does it really work?
Yes, it definitely works. There are many bloggers who are completely dependent on this income. Some people left their high paying 9 to 5 job to secure a career in this field.
The reason why people give up on monetizing their website and think it is not possible is because of the commitment it requires.
The initial stages of maintaining a website are very difficult. You have to apply various schemes to keep your website functioning. But once these days are over, your hard work will pay off.
Here are some examples of people who made a fortune just by monetizing their website.
- Michelle Gardner: She has earned more than $5 million simply by blogging.
- BuzzFeed: More than $300 million were generated in the year 2018 by monetizing their website.
Even smaller websites earn more than $50, 000 a year by adopting these techniques. So if you are planning to quit your job and start your own website to earn money, this is the right post for you.
You need to work hard in the initial days, but once your website earns a place in the market, the cash will start flowing in. Here are the pre-requisites of monetizing your website.
Pre-requisites of monetizing your website:
Before you start with the monetizing process, you need to make sure all the following activities have been taken care of. If not, do it first.
- Set up your own website
- Add creative content
- Use SEO to increase the traffic
- Use social media platform to get a genuine crowd
- Improve your email list
- Engage readers and develop a strong readership
Once you are done with all the above activities, its time for some action, are you ready to start monetizing your website? So, let’s begin.
Amazing techniques to monetize your website:
Here are some amazing techniques to monetize your website. First, we will cover the most important techniques, which are compulsory in order to start earning money. Then in the latter part, we will cover other techniques that you can apply.
Start with Affiliate Marketing:
This technique is on the top of our list because it is popular and provides quick results. Every blogger who is earning money via website monetization has gone through this technique.
In these techniques, you have to endorse someone else’s product or service on your website. You might have come across various websites where they endorse different products. Although they can be annoying sometimes, it returns are quick.
You can choose the products you want to endorse. Then you have to endorse that product on your website to your visitors. If they like the product, they will buy using the link. You will get a commission from the sale.
The percentage can range from 30 to 70. Example, you market a book on your website. Your commission is 40%. So if someone purchases a book worth $100, you will get $40 out of it. You can find various products on different sites.
Use Ad Networks (Google AdSense):
Google AdSense is another technique to earn money from your website. In this, Google will post Ads on your website. You need to have optimized content on your website for Goggle to place ads.
The ads are related to your website, so keywords are necessary here. All you need to do is sign up with Google. Then Google will add a code on your website. This code will find relevant ads related to your website content.
Example, if your website is about gaming, Google AdSense will start showing ads like a Gaming device, Gaming Console, Accessories, etc. When someone clicks on an Ad, you will get money.
It is like pay per click. You can earn from $0.5 to $5 with each ad click. You can make money easily with this simple technique. All you need to do is adhere to the terms and conditions of Google.
Selling Ad Space:
You can also sell the space on your website for direct advertisement. This type of advertisement is different from Google AdSense. Here, you can directly approach companies who are searching for ad space.
Some companies will offer you a direct price while others will offer you a price on the number of visitors. You can sell any space on your website and quote your own price.
All you need to do is increase the traffic on your website first. You can easily earn $1000 to $1500 with good traffic.
Sell a product of your own:
Instead of selling other people’s products, you can sell your own products. You can develop a product which matches your blogging site. You can earn direct money with it as there is no intermediary.
This process becomes a bit complicated when you have to provide shipping and arrange for payment gateways. Example, you can sell your website’s logo printed t-shirts and merchandise.
Ask for Donations on your website:
You can also ask for donations on your website. Although this method seems petty, it can help you cover the cost of running your website. You need a strong group of supporters for this technique to work.
If you have loyal visitors, you can ask them to make donations. Example, you can use the PayPal donation link on your website to receive donations from your visitors.
Feature Sponsored Content on your Website:
If you have a steady flow of visitors on your site, you can use this technique. Many companies look for blog posts where they can promote their post.
You can write reviews about their products or sponsor their products in your blogs. You can even write blogs about it. This is called native advertising.
The product should be relevant to your website. You can earn good money with technique.
Lead generation for others:
You can use your website to generate a lead for other companies. Companies are constantly searching for different ways to generate leads.
You can provide leads to such companies and earn money in return. Example, if you have a site about improving English, you can sell the leads to companies who provide English speaking course.
All you need to do is provide the visitor’s details like email id and contact number to the company.
Prepare an Email List:
You can create an email list of visitors that visit your website. This list is very useful in the long term. It is an income-generating list. You can use this list to build a strong relationship with the visitors.
You can convert visitors into potential customers by keeping in touch with them. Use this list wisely and do not rush by spamming the visitor’s inbox. This technique pays off in the long run.
Make your website an E-Commerce Site:
Instead of posting blogs, you can create an e-commerce website. This way, you can directly sell various products online. It is quick money. But the problem here is that it is very difficult to create and maintain an e-commerce website.
You have to spend a lot of money on the payment gateway and shipping. But if you have the necessary means, it can be a game-changer for you.
Flip the website:
This technique will help you earn big returns. In this technique, you need to sell your entire website instead of selling ad space. You can create a website, get steady visitors, sell ad space, make the website work and then sell it for a huge amount.
It will only work if you don’t have any attachment to your website. You can use the returns to create another website and do the same. The flipping business really works if you are passionate about it. You can earn good money with it.
Here are some other techniques which you can implement as well.
- Sell e-books on your website
- Offer Consulting service for money
- Offer Paid Membership on your website
- Review products on your website
- Conduct online tutorials for money
- Use Content marketing
- Offer Coupons for money
- Conduct a teaching program on your website
- Offer audio Ads
- Use Pop-up Ads on your website
- Rent pages on your website for money
- Monetization widget
- Setup Infolinks on your website
These are some of the techniques that will help you in monetizing to make money from a website. All the techniques will only work if you are ready to put in efforts. Once your website is set, the money will keep rolling in.
Don’t forget to share it with your friends who are looking for a guide to make money from your website.
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Ajmer Singh is the Founder & Author of Findmytricks. He is a passionate blogger and with the help of his articles, you can learn WordPress & Blogging in a simple way.
1. “Be yourself. Everyone else is already taken.”
2. “First, learn the rules, then break them”