If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.
Bottom line: we’re not done with traditional advertising yet, but you may find some of the modern approaches more interesting at the very least. It’s important to try everything until you find a method that suits you — networks like BuySellAds offer anything from sponsored tweets to display ads and still allow you to integrate AdSense into empty ad placements, so there’s a lot of room for experimentation there. Just remember to give each type of advertising time to blossom before writing it off.
Shopify is another great option if you are wanting to create your own eCommerce store. Shopify is arguably easier to set up than WooCommerce but will give you less control over your storefront and cost you more long term. However, if you have little to no experience of creating websites or using WordPress, or you are working to a very tight time schedule, then Shopify may be the perfect eCommerce platform for you.
Squarespace & Wix are GREAT for just getting off the ground with your business, and could be a great way just to start but in the end you should be weary of the website you are dealt. You will be limited by their functionality and how they operate as a business. If the platform you chose goes bankrupt tomorrow, your whole website and all the content may be lost. With WordPress, specifically WordPress.org self-hosted CMS, you don’t have to worry about most of that.
Many themes does generate numerous thumbnails that’s why I recommend to use get a hosting with at least 1GB of storage for a very small websites. I don’t know any hosting that would offer so tiny storage any more. Thumbnails are not a bloat because it doesn’t slow down your website in any way as images, once generated, aren’t touched by WordPress unless they are called by user. It is much better solution that generate images each time they are requested.
Now we get to everyone's favorite part about building websites! Website profits! So how do websites make money and how can you get started making money with websites? The answer is: it depends. Some people sell hard goods or info products. Others make money on advertising. Still others participate in affiliate programs. But most webmasters combine multiple methods of making money. You'll want to explore which options work best for you.
And as for advertising on behalf of others, via any of the multiple previously discussed methods. Always ask yourself “Would I buy this service/product that I am recommending if I have the same requirements as my readers?”. It’s far easier to convince someone else to purchase something if you are convinced about the quality of product you are recommending.
One of the most beautiful and exciting qualities about blogging is that you can create a blog that deals with any subject area that you are either knowledgeable or passionate about (and preferably both!). You can write about personal finance, careers, real estate, getting into business, technology, cooking, travel, personal health, or just about any topic you choose.
Now that your site has been started, you're going to need the most important element in a successful website. Traffic. That is, the visitors that come to your site. You need to learn how to market a website. As harsh as it sounds, at the end of the day, having a successful website really becomes a numbers game. The more visitors who come to your site each day, the more money you will make. So learn how to get more visitors to your site!
Another list building technique you should be trying, is a squeeze page. A squeeze page is a dedicated page on your site to getting a visitor to sign up for your mailing list. You can see an example of a page like this by checking out our squeeze page for our Traffic Domination video! If you want to create amazing high converting squeeze pages (+ a lot more), check out Optimizepress.
Monetize that traffic. Once you have a reliable audience in place, you’ll need to find a way to monetize that traffic. This is easier than it might appear on the surface, as there are dozens of ways you can make money from a site that’s already seeing lots of traffic. For example, you could start selling products or offer consulting services, or you could sell advertising on your site. You could even use affiliate links in some of your blog posts to earn passive revenue that way.
Multi-vendor marketplaces, like ThemeForest, can be very successful. Chose a niche and create a vendor website for it. Your marketplace could be anything, from a platform for local artists to sell their work on, to an online digital product store. Once set up, invite people in that industry to sell their products on your site. You take a percentage of their profits when items sell.
Drive for Uber or Lyft: If you're in a locale where you can find Uber or Lyft (or even one of the many competitors around the world such as China's Didi), you could easily make a respectable income. The hours are flexible and you can work as you see fit, making it perfect even if you currently have full-time employment but are looking to make some money on the side.
Sites like Zyoin and WiseStep connect employers with prospective employees, many of whom are already employed and not actively job-hunting via networking. The main benefit is knowing who these qualified candidates are. Rewards for referring a candidate who gets hired range from $50 to potentially several thousand dollars. If you know a stream of job-seekers, you can break into the recruiting business without up-front or overhead costs.
Give tangible value to others. Finally, you could use your experience to give your users some kind of measurable, immediate value. For example, the Krazy Coupon Lady offers a number of coupons, deals, discounts and other monetary incentives for readers. You could easily start a site like this from your own personal endeavors in saving money; all you'll be doing is sharing that knowledge and experience with other people.
That you suggest all 3 as possible solutions for multipurpose theme like Avada seems to be at odds with their being multipurpose products pitched to non-technical users. Paying for dedicated WordPress hosting or configuring caching plugins are unlikely to be at the forefront of their mind when they make the initial purchase. Can you see that disconnect?
MemberPress is a feature-rich plugin that will enable you to turn your WordPress blog into a fully functional membership site. Depending on how you want to run your membership site, you could have a mixture of free and premium membership plans. Premium plans could include no adverts, free downloads, access to extra content, membership forums, and much more. However, it is important to remember that if people are going to pay to view your content then it must be high quality. Otherwise your members won’t renew their subscriptions when the time comes.
Can you also do a pay per click link? Such as, set up a web directory on your site, to where you can place a logo or simply just the website of said subject for directory itself and get paid anytime someone clicks on it? For example, you have a sports directory website and include a link with a logo to MLB. Would you be able to get paid anytime someone clicks on this link? Thank you for your feedback, nice website you have here.
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.