Do you want to learn how to monetize your website?
Making money from your website is not a myth. In fact, hundreds and thousands of people are doing it. A lot are even earning a full-time income solely through their website.
We've listed a few ways that you can try out in order to monetize your website.
Ways to Monetize your website
If you want to monetize your website, you'll first need to know that it isn't an easy feat. It takes a lot of work and time before you see actual results.
But the effort, time, and money will definitely be worth it.
Here are our top tips to get started.
1. Affiliate Marketing
Affiliate marketing is one of the most common ways to monetize your website or blog. Here's how to get started.
First, you'll want to find a product or service that you are interested in or that fits nicely into your website's niche. Then, on your site, you'll want to create blog posts that promote these products or services.
If the product or service that you are endorsing resonates with your readers, they'll click on your affiliate link. When a consumer buys that product from your link, this is when you get a portion of the sales.
The commission can vary depending on the product or service and its terms. It can range from 5% to up to as high as 70%.
Here are our tips when using affiliate links for better success:
- Make sure to disclose that you are using affiliate links.
- Share with your audience that the link doesn't affect the price that they will be paying.
- Target the needs and interests of your ideal client.
- Don't over promote the products or services that may annoy readers.
Where can you put the affiliate links?
Here are a few ways you can naturally include product or service affiliate links into your website:
- Product reviews
- Blog posts
- Product comparisons
- Video tutorials
- Unboxing videos
2. monetize your website through Google adsense
Google Adsense is when you use your website to tap into Google's advertising network for advertisers to run ads on your website.
It sounds complicated but it's pretty simple!
You'll first have to sign up with Google Adsense. Once done, Google will place a simple code on your website. It will then identify the type of content on your website so that it can display ads that are relevant to your audience.
If for example, your website is about beauty and wellness, Google AdSense will place ads about skincare and makeup on your website.
Here are some tips and ways to get started with Google AdSense:
- You'll want to check out the Terms and Conditions first. Make sure that your website meets all the criteria indicated.
- Then, sign up for AdSense and wait for the approval of Google.
- Once your website and account have been approved, embed the JavaScript code into a widget.
- Choose where you want to place the ads on your website.
- When people click on the ads and buy the product or service, you get a portion of the profit.
3. Sell Ad Space
Selling ad space is another way to monetize your website.
You'll get paid depending on the number of visitors you get. The typical quote is one dollar for every one thousand impressions.
So, if your site gets a ton of traffic from different sources, your ad space can earn you even more. Our tip for this method is to place the ads in a well-positioned place on your website that doesn't look too salesy or spammy that may cause the reader to leave.
4.Monetize your website through Video Ads
Just like ad space, video ads can earn you money just by incorporating video advertisements on your website. It works the same as the previous method, but only in video form.
Again, make sure to place the video in a good spot on your website that will get their attention but not drive them away.
5. Build an ‘Email List’
An email list is where you can make sales from your business and in order to grow your email list, you can use your website.
The objective of an email list is to send valuable emails that will help convert cold customers to paying ones.
One great way to grow your email list using your website is by having a freebie that they can download in exchange for their email. This freebie or lead magnet can be a free ebook, template, audio, video tutorial, etc. There are hundreds of options to choose from.
6. Publish sponsored posts and product reviews
Lastly, you can add sponsored posts or product reviews on your website to monetize it.
Create product reviews and post them on your website. Once a viewer clicks the video and buys the product upon your recommendation, you can get a portion of the profit. It's also a great way to add value to your website because it answers your viewer's questions.
Just make sure that the videos on your website are related to your target client's problems.
Why Should You Monetize Your Website?
It goes without saying that the more streams of income you have, the better.
If you love creating blogs or videos, then make the most out of it by monetizing your website. The tips given above are not an exhaustive list because there are so many more options out there.
We hope these tips were helpful. If you want to learn more about digital marketing, check out our other article here.
