ways to monetize website
0
(0)

 

Looking for ways to monetize website? There are so many options to choose from. These opportunities enable you to earn money and make a living or extra income on the side, all from your website.

I will share some methods with you on how this can be effectively done.

1. Monetize your website with Ad Networks (Google AdSense, AdThrive, MediaVine)

ways to monetize website

Ad networks work when the content on the pages of your website is of high quality and duly optimized. It also requires the keywords to be carefully included in the written texts.

This is necessary because it makes it easier for Google to determine the right ads to share with your site. It matches the topic of your article to relevant ads target.

This is because the contextual adverts must be targeted to people that are interested in your content. If not, there would be no clicks on the ads, and no profit will flow.

Google AdSense is fair enough for sites having less than 25k visitors. However, once you have over 25k visitors, let’s say between 25k to 100k visitors, it is advised that you try out MediaVine and AdThrive.

The trick about MediaVine and AdThrive is that, if you can gather the traffic, they can increase your revenue per 1000 users, up to 3-4 times as much as Google AdSense.

Some examples of websites that are monetized with Google AdSense are:

  • Mashable.com
  • Stackoverflow.com
  • Allegro.pl
  • Digitalpoint.com

Estimated income:

  • Up to $3000 in a month
  • Average profitable websites can earn $1000 in a few months

Requirements:

  • The website must be optimized
  • You should be subscribed to a Google AdSense account

Must-have skills

  • SEO skills
  • PPC skills
  • Publishing information-rich content

2. Monetize your website with Affiliate Marketing

affiliate marketing

Affiliate marketing is a process where you partner with a company to market and promote their product or service.

Every visitor sent to the product website is monitored and you earn a commission for every sale that occurs via your link.

Some examples of websites that are monetized with Google AdSense are:

  • Lucieslist.com
  • Outdoorgearlab.com
  • Thisiswhyimbroke.com
  • Nerdwallet.com

Estimated income:

  • Big sites can earn up to $5,000 in a month
  • Average profitable websites can earn up to $2000 per month

Requirements:

  • A high amount of traffic
  • Optimized website
  • Subscription to an affiliate program

Must-have skills:

  • SEO skills
  • PPC skills
  • Social media skills
  • Content writing for product descriptions

3. Sell ad space

You can sell advertising space directly to media buyers instead of acting through third parties.

In this case, 100% of the advertising revenue goes directly to you. You do not have to bother about your website traffic or visits.

Guide to selling ad space:

Create a YAIOA Subscription

yaioa.com

To make it even easier, you can create a subscription for the various ad spaces you want to sell using the YAIOA subscription tool.

This is a multipurpose tool that helps you to do and achieve more. All you have to do is register as a vendor on the platform and create a subscription.

Your subscription should state the price and description. The description should be detailed, containing information like the format of the ad space, your traffic, Google analytics, etc.

This helps in convincing prospective advertisers to advertise on your website. Once this is done, you save the subscription.

YAIOA then sends you a JavaScript code that you are to copy and paste on the particular space on your website that you want to sell.

This way, advertisers, publishers, etc that comes to the YAIOA platform to buy ad space would see your site and click on the button. This button takes them straight to where they can make payment for the ad space on your site.

It’s really that easy. All you have to do is register for free and create a subscription plan while YAIOA gets you the advertisers to subscribe to your plan.

Requirements:

  • A fair amount of traffic volume
  • Good-looking design
  • Niche website

Must-have:

  • Analytics
  • Blogging talent
  • Social media

4. Donations and Contributions

If you do not have a lot of traffic or visits but have an engaging audience, you can ask your readers to donate.

Visitors tend to click on the donate button when they notice that you aren’t already making so much from your blog.

While this is one way to help you cover short term expenses, one-off donations aren’t a fast road to wealth. You should also consider not mingling donations with other website monetization methods.

Famous website monetized with donations:

  • Wikipedia.com
  • Acumen.org
  • Brainpickings.org
  • Care.org

Estimated income:

  • Up to $5,000 in a month
  • Most commonly $1,000 in a month

Requirements:

  • Good-looking design
  • Transparency
  • Integrity

Must have:

  • Professional-looking website
  • Crowdfunding
  • Social media

5. Create an eCommerce store

ecommerce

Creating an eCommerce store is a frequently used method of monetizing a website. This is simply setting up an online store where users can order and purchase the products they like.

This is an old albeit profitable source of income which depends on how well you manage and distinguish your e-shop from that of other competitors in the market.

Famous websites monetized by selling products online:

  • Ebay.com
  • Walmart.com

Estimated income:

  • The average order value for small eCommerce stores is around $45 per month
  • Bigger websites can make up to $10,000 in a month

Requirements:

  • Support system
  • Self-hosted eCommerce solution

Budget:

  • A minimum amount of $500 is required to set up the online store. This cost, however, could range from $5thousand to over $5miillion, depending on the type of eCommerce website you want to build.

Must-have skills:

  • Sales skills
  • PPC skills
  • Product management
  • Organizational skills

6. Sell eBooks

ebooks

This monetization method of selling eBooks is low-cost and low-risk. It is easier to write an eBook, publish, and make money from it. This is because there are no additional costs for printing and publishing books.

It can all be done online on your own website. All you have to do is to charge a fee for the download link and collect their email addresses. 

The email address collected would be used in the future for follow-ups and ebooks up selling.

Famous websites monetized by selling eBooks:

  • Digital-photography-school.com
  • Evernote essentials

Requirements:

  • Easy-to-read PDF format
  • Optimize the eBook landing page
  • Provide a payment method

Estimated income:

  • About $2000 in a year
  • You can also get an estimate of the average income you get from selling eBooks by multiplying 3000 copies (average eBook sale) with how much you charge per copy.

Budget:

Writing and publishing an eBook can go for as low as $0. However, you may have to pay a designer if you want to include graphics and other features.

Estimated profitability time:

It takes an average of 3 months to get your eBook landing page promoted via paid methods or 6 months to get it promoted organically.

Marketing Methods:

  • Networking
  • Affiliates
  • Offline press
  • Social media
  • Buzz marketing

Must-have skills:

  • PPC skills
  • Social media skills
  • Accessible writing style
  • Pleasant content writing

7. Accept sponsored posts for a fee

Sponsored posts are articles that are written by third parties. You get paid by these third parties (advertisers) after you both have come to an agreement about the terms and conditions of publishing them on your website.

You can either reach out to them or they may contact you for publishing content regarding their services.

You may charge higher if you are the one helping them write the content to be published on your site.

Famous websites monetized with sponsored posts and reviews:

  • Makezine.com
  • Techwyse.com

Estimated income:

  • Around $2000 per month
  • Income can go as high as $6000 in a month

Requirement:

  • Create a media kit stating important facts about your blog audience
  • A fair amount of traffic
  • Niche audience

Budget:

You do not need a budget to accept sponsored posts on your website

Growth and Marketing methods:

  • Social media marketing
  • SEO
  • Niche targeting with specific topics

Must-have skills:

  • Negotiation skills
  • Analytical Skills
  • PPC skills
  • Content writing

8. Monetize your website with Membership content

Membership websites are content that is continuously delivered to users in exchange for subscription payments.

The content provided to these users must be valuable, unique, and should be provided on a continuous basis so that users can get it in exchange for a membership fee.

Famous websites providing membership content:

  • Internationalliving.com
  • Youpreneur.com

Estimated income:

  • This depends on the amount your competitors charge for the same content, and also the value the content provides to users.

Requirements:

  • A website built on WordPress
  • A membership Plugin like MemberPress

Budget:

Usually, around $100 to keep the website running

Growth and marketing methods:

  • Buzz marketing
  • Content blitz

Must have skills:

  • Marketing skills
  • Community management
  • Social media

Conclusion

Have it in mind that some of the listed ways to monetize website can be combined with another.

You need to take your time to understand every one of them and then choose the ones that you are certain would work best for your website. Good luck!

How helpful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

About The Author

Leave a Reply

Your email address will not be published. Required fields are marked *