Keep in mind though, you don’t need a website to do sponsored content since you can also get paid if you have a lot of social media followers. My wife has a pretty big Instagram following, and she gets all kinds of sponsorships. Not only does she get paid in cash, but we get a lot of free stuff, too. We’ve received free rugs, free lights, and free carpet cleaners. She only promotes things she loves though, so this strategy works really well for her.
When I first start a niche website, I'm not usually going to pick a particular monetization strategy until I pick a niche and keyword. Sometimes, I'll think that I would like to build an email list and monetize that list with affiliate offers or my own products. However, this is not set in stone, and could change as I pick my niche OR as I test different strategies on the same site.
You don't have to be a professional photographer to sell your photos for money. People are constantly in need of high-quality, unique stock photography for websites, presentations, brochures, and so on, and are willing to pay for the right image. People generally search for images on stock photography sites like ShutterStock, Dreamstime, and iStockphoto by keywords, not by photographer name, so you have the same chance as anyone else of having your image selected. Just be careful not to post images of trademarked brands, copyrighted art, or people's faces that are readily identifiable unless you have a model release.
Build your site. Using the templates provided, or a site of your own design (or from a designer), put together your website. What you do will be based almost entirely on the market you are attempting to reach. Again, though, whether you are ultimately offering a personal service, like "Cleavon's Auto Repair Site," or a total web-centric site like "Sara's Mouth-Watering Recipes," the goal is to keep people on your site. That means content is king—same as it ever was.
Rent out a room on Airbnb. Living near a tourist area has its perks, including the prospect of renting out a room for a profit. With home sharing sites like Airbnb, you can rent out a room in your home – or even the entire place – for a day, a week, or longer. If you have extra space and might enjoy the company of travelers, renting out a room is great way to earn some extra money with little effort on your part. See our post, “How to Make Money as an AirBNB Host.”
18. CraigsList – Some things don’t ship very well. Other things may make you feel uncomfortable to sell to someone across the country. Anytime you’re selling a large item or something you just don’t want to ship, Craigslist is a great place to go. It’s simple to list your item (again, take good pictures!). If you don’t like the idea of putting your phone number out there, the interested individual can send you a message to your inbox without even getting your email address.
This monetization method is low-cost and low-risk. It’s never been easier to start writing an e-book, publishing it and making money from it. No additional costs for printing the books and publishing them. All can be done online, on your own website. And you charge a fee for the download link and collect e-mail addresses (for future follow-up and e-books upselling) monetizing this way your website. You can even gather past blog articles, give them a coherent structure and provide them to the public in the form of an e-book.
There’s an excellent chance that you have one or several musical instruments sitting in storage that haven’t been used in years. Perhaps it’s a leftover from when you were in school, or even from your days playing in a band. Whatever the reason that you have it, it’s probably worth money if you can sell it. Brand-new instruments are ridiculously expensive, so people often look to buy used equipment instead, particularly if they are novices.
Next, you need to set up and build your YouTube channel. Your YouTube channel is your homebase for all your content. If you already have a Google account for Gmail or Google Drive, then you can use that to log-in to YouTube and start setting up your channel. Pick a username that works for you and is memorable (if you’re using an existing Google account you’ll have to edit your username in Google+).
(A quick Google search shows confusion and disagreement on the difference between native advertising and sponsored content. Some bloggers draw a distinction between the direct promotion in native advertising versus what may be valuable, less promotional information in corporate-sponsored content. Setting aside the head-scratching, it's clear there's more than one way to host paying advertisers and their content on your site.)
Selling digital products can be just as successful as selling physical products. Graphics, software, eBooks, design elements, sound effects, songs and videos are just a few types of digital products that are in popular demand. So if you can turn your hand to creating digital products, let’s have a look at how you can make money online from this skill…
Webinars are quite possibly one of the most potent ways you can make an exorbitant amount of money online. Russell Brunson often says that if you do a webinar every single week for a year, you'll be a millionaire at the end of it. You'll need an audience to train and you'll need to know what you're talking about. Of course, this usually requires having a website and some semblance of an online presence.
I used to have dozens of small micro niche website myself and all of them were based on exact match domain names and I was trying really hard to make these website to rank on Google. Most of them succeeded but only for few months until Google found out what I was doing. Everything ended with a major Google update that completely destroyed my “business” and SEO strategy. Many webmasters still make micro niche websites but I strongly recommend to avoid this practice as of today. The thing is that Google have become much smarter and they are now using artificial intelligence to evaluate your website and Google can easily spot that your website is made for pure profit and you don’t care about your readers.
Podcasting is a unique skill I must admit, but the results are, well, they’re good. Midroll claims that 61% of listeners made a purchase after listening to an advert, so it’s no wonder that their customers are pretty world class (Dunkin’ Donuts, HBO, Squarespace, etc). If you’re not much of writer but you’re not exactly shy either, podcasting could be for you.
I know quite a few people who review products on their blogs, it makes great content and if the product you are reviewing has an affiliate program, can make you a lot of money. You can review anything from software, to bikes, cars, hotels, holidays, food, anything you could think of and it’s all tax deductible (I believe) if you buy something to review.
Tip #16: Sponsored reviews help you get your hand on products that haven’t yet reached the market yet. Many gaming related YouTube channels receive access to games as beta testers and some tech websites are able to get their hands on new laptops and graphic processing units before, they hit the market. This can offer a significant edge over your competitors.
I appreciate all the good info in your article. I am looking for a good rule of thumb for charging for banner and link ads. My website is the world’s most popular in the field of speech/language pathology, with 6.1 million hits worldwide. The most popular message board on the site has attracted 650 unique visitors from 8 countries, and has 3,000 page views in 5 days. I am sure I can find businesses in the field to advertise, but don’t know how to figure charge and terms. Can you advise or point me to resources that can help? I feel like I am wasting opportunity every day and want to start earning some money through this site, while keeping it free for visitors to use. Thank you.
The money is most certainly in the list. If you're at all interested in online marketing, setup email software and create a lead magnet that you can use in your sales funnel. Then, build up that list. It's often said that you can expect to earn about $1 per subscriber per month. If you have a list of 10,000 subscribers, that means you can earn roughly around $10,000 per month. You will need to deliver value and not pitch them on every email, but it is a very achievable goal in a short period.
A website called AchieveMint gives you points for engaging in healthy activities, like exercise, tracking your eating habits, or even taking health related surveys. Points can be redeemed either for cash (10,000 points are worth $10) or for Amazon Gift Cards. The app actually connects with other health apps, like Fitbit and MyFitnessPal, to track your progress.