Are you on your way to explore ways to make money online? Consider monetizing your website. In this article, we’ll walk you through different ways in which you can monetize your website.
However, before we move on, it is essential to know that it would take a little time and dedication, however, once you get started, you’ll be able to make a good amount of money. In order to get the results you are aiming for, there is a universal quality that every profit-making website should possess – high traffic. Without good traffic on your website, you will not be able to make money with your website. Now, let’s begin with the interesting tips to monetize your website.
- Pay Per Click Advertising
PPC is an online marketing model in which the website owners can earn a passive income each time the reader clicks through the advertisement banner. The widely popular tool for this is Google AdSense. It is one of the easiest ways to earn money online as it does not require much effort to set up. The website owner can simply and quickly place ads on the website or blog. Another good news is – you can apply to be an AdSense partner despite having multiple sites.
- Selling Ad Space
Selling free space on your website to advertisers or different companies is also worth trying. This method is a little time consuming, however, it helps you earn a good amount of money online.
The advertisements can appear in various forms – a link, small pop-ups or side banners. The pricing for each of them may vary as you can also have control over price negotiations. However, to utilize this method fully, you need to have good traffic and a high conversion rate. As this method uses the pay-per-visitor or pay-per-click model, you will get paid by your advertisers. This would depend on the number of people that visit your website or click the ad. So, how to make advertisers aware that you are selling ad space?
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- Make a media kit
- Share it with potential advertisers
- When you have landed the group of your advertisers, manage them with Google Ad Manager
- Affiliate Marketing
If you are well-versed with promoting or reviewing products, you can try affiliate marketing for monetizing a website. Through the affiliate links, you can earn a commission when people buy services or products of a company with which you affiliate. Affiliate marketing is a widely popular method to earn passive income if your site has an active user base that will consider your opinion. But, how to do it?
Create a website that focuses on promoting or recommending products or, post a service or an item review that is related to your content. You can make this process of creating a website and earning money a lot easier for yourself by creating a website with Bluehost’s e-commerce website builder. It makes it seamless to build a professional-looking website without having to pay any fees to a web programmer. Thereafter,
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- You can include affiliate links in your content organically.
- You can also join affiliate programs such as Amazon or Affiliate networks like CJ Affiliate and ShareASale.
- Sponsored Content
Sponsored content is basically a collaboration between you (publisher/website owner) and the brands that you are partnering with. Whether you are building a website or starting a blog, sponsored content is a very lucrative channel. Businesses/brands pay you for creating content for them and publishing it on your website.
The content can be either in the form of sales announcements or products, infographics, offers, or reviews. They can be either written by you or by the sponsoring brand. If you are writing the post besides publishing it on your website, you can charge an even higher amount for the same.
Before you begin creating sponsored content, consider the following points:
- The amount and value of influence you have online
- The no. of posts you will be writing each month
- The time you’ll spend creating the content
- Brand value (your blogging brand vs. the sponsored content)
Summing -up
Monetizing a website and earning money online through various techniques can be a really exciting experience and a lucrative option, though it needs some time, dedication and traffic. Let’s take a final look at 4 different ways of monetizing a website that we discussed throughout the article.
Google AdSense – display ads while google performs all other functions
Selling Ad Space – connect to the advertisers directly, manage your own ads besides managing your earnings
Affiliate Marketing – enter affiliate market and join affiliate programs to earn commissions
Sponsored Content – collaborate with the brands and businesses and get paid
So, if you already have a website in place, it’s time to begin implementing these smart tricks to monetize your website. And, if you don’t, build a website using Bluehost’s e-commerce website builder in minimum time and kickstart your journey today.
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