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.
If your content is popular and unique enough, you may be able to generate income by selling subscriptions to a paid newsletter or building a paywall to your proprietary materials. Morrow writes that once you've built an email list, you should send your subscribers material that gains their trust, then offer products or services, digital or physical—anything from software, music or templates to books, design, marketing services or any item you might find in a store.
“I went from a standing start and Laura's course has allowed me to easily market my products online and added over £15,000 to my bottom line in the past 6 weeks. I am so confident with what it does. I wanted to take my brand global and if you're looking to so the same, Laura's training allows you to effortlessly increase your brand while you get on with what you do best in your business. I would absolutely recommend it"
Re-selling web hosting will enable you to make money hosting your own client’s websites. Large hosting companies like HostGator allow you to white label their hosting services. You could start your own hosting business or, if you are a web designer, include hosting into your web design packages. And the best of it is the hosting companies take care of the hosting for you, so all you need to worry about is selling.
When it comes to selling your own products and premium content, always remember to go above and beyond expectations of the reader. I’d recommend the freemium model for all your premium content. In a freemium model, you offer a significant chunk of your content for free. But, you just need enough content to entice someone to purchase it. But if it is a digital product like for example a plugin or any other product that requires continued assistance, support and updates, then a subscription model is a better choice.
As well as selling your eBooks, Amazon can also create paperback copies of your book. CreateSpace, an Amazon-owned company, will help you self-publish your book. A relatively straightforward process, you must upload your work to CreateSpace and submit it for review. Your book will then be displayed on Amazon, and printed on demand and shipped by CreateSpace when purchased. And you can collect up to 70% royalties for each book sold.
Another important thing to remember before monetizing a website is that you should come up with a blog sales funnel and know how to convert your website visitors into leads and then into customers before you even launch your blog. That’s how you will get better ideas on how you can leverage your website traffic and make the most out of it by making money.
If you offer freelance services or have a physical services business, then creating a blog is a must. On your blog you can write about the services you offer and how they will benefit your clients. Importantly you can add a ‘Services’ page, outlining the services you provide, what they include, and any other important information potential clients may need. This is an effective way to promote your services, generate leads, and increase your revenue.
What this monetization method supposes: users have restricted access to some valuable pieces of content, and to reach that content, they have to pay for it. It’s useful for gathering email addresses and other information regarding your audience, for better reaching out to them in the future. Also, offering access to premium content for a fee, you have a valid monetization method in place, whether for short term or long term. An option might be to give a hybrid gating experience.
Sign up for a reputable affiliate network: Aside from Amazon, there are dozens of large reputable affiliate networks, such as Share-A-Sale, Clickbank, and Skimlinks, that specialize in connecting you with merchants who are looking for affiliates to sell their products. They charge relatively low commission fees for the privilege of connecting you with merchants, and the merchants on these sites tend to offer much higher commission percentages or set dollar amount payouts.
The source of the traffic can also affect the overall CTR rate. Organic traffic (the one that comes from search engines) tends to perform well because these visitors were already looking for something, and they tend to click on ads more often. Social media traffic, on the other hand, presents terribly low CTRs because these visitors are tech-savvy and they just ignore ads.
Pro Blogger is an excellent example of a site with a very profitable job board system. When I checked out their job board, they had about 30 job openings advertised on 4 different pages, which means about 120 job postings. That translates to roughly $6000 revenue per month. To start your own job board you can use any of these WordPress themes and plugins.
Understand how a niche website works. A niche website focuses on very targeted, specific information. The content must be specific, useful and interesting to your target audience. Successful niche websites get anywhere from 1,000 to 10,000 visitors per month. You build content on a particular keyword, and you make passive income with Google Adsense or through affiliate links.
Thanks for a nice job. I am currently promoting some of the affiliate programs listed here and making a few dollars from them. But I must say that making money from affiliate programs is not rocket science; it requires hard work and perseverance. Affiliate marketing keeps evolving daily and any serious affiliate should be ready to change tactics and invest time and money in order to beat the competition.
Hi Robert, your article is just spot on! Can’t think of any other ways of monetization (unless spamming can be included, lol). I think for a start before building your own website, one should already have a goal in mind of the general purpose of the site. For an instance, our website is made to promote our web design company; but in exchange, we should also offer valuable content to our audience not only pressuring them to acquire our services or click on profitable ads. Client service before anything else 🙂
Running a coupons website can be very lucrative. Find a coupon niche, select a WordPress coupon theme, and then display relevant coupons on your site. When your audience uses the coupon codes or discount links, you will earn an affiliate cut for example you could set-up a site dedicated to iHerb Coupons or add a page to your website with Web Hosting Promo Codes. Coupon websites are quite high maintenance as they need to be constantly updated with new offers. However, if you build up an engaged audience and allow them to post coupons and discounts they have found themselves, then quite quickly your workload will reduce.
You promote a certain product on your site, your visitor identifies the product as an effective solution to his or her necessities and purchases the product. You get a predetermined percentage or fixed commission for each purchase made by visitor or reader who passes by your site to discover the product or service and then makes a purchase on the affiliate sponsor’s website. This works because the company that sponsors the affiliate program finds a new customer, your visitor found a new product and you get a commission. All three parties involved end up with something they might not have had otherwise. You works as a middleman between buyer and seller and get paid for doing so.
There are several ways to turn a profit on domains purchased as an investment. Here are several ways ranked in order from lowest investment in time/money to highest investment in time/money. Contact potential buyers directly about a specific domain to see if they are interested in buying it from you, for domains that have natural direct traffic you could put ads on the site to earn advertising income off of the traffic the site is getting, put ads on the site and drive traffic to it (same as previous but with this method you are actively driving traffic to the site), fully develop the site (there are a lot of people who will buy a fully developed website if it is getting a good volume of traffic, especially if it has an established income stream).
If you're serious about making money online, start a blog. Blogging is one of the easiest and most sustainable income sources. As long as the blog is setup the right way, in the right niche, with the right content targeted at the right audience, and the offer is complementary to the content, you could make a tremendous amount of passive income from a blog.
Create a killer course experience: With your course validated and in the works, you need to figure out how people will take it. Most course creators choose to host their courses from their own websites. This way, they get all the value of bringing customers back to their site on a regular basis. I host my own courses from a subdomain on my own site so I can easily add more. The course experience is incredibly important as well. And after trying most of the solutions, I highly recommend Teachable—an online platform designed specifically for courses.
What’s the catch? None, really. Cash back apps act as affiliates for many online merchants, which means that whenever you make a purchase through one of the apps, they get a small commission — but then, they give you a portion of that commission as “cash back”. For example, if I buy a pair of Nike shoes through the Ebates app (or website) and spend $75, Ebates may get a $10 commission but then they’ll pass $7 back to me. It’s basically a way to get sale prices on stuff that isn’t on sale!
Prior to that group, they had an online community for teachers looking for lesson plans. That probably sounds pretty random, but it's crazy the type of communities you can build and rally people around. If it's something that you're passionate about yourself and you want to connect with others that have that same passion, then an online community is something you should definitely consider.