There are plenty of methods you can choose from to monetize your website. They are all opportunities for you to earn money and either make a living or get an additional income from your website. Keep reading, to see how you can effectively do this.
1. Ad networks
Google AdSense can be a decent option for sites with less than 10,000 visitors. However, once you reach 10,000 sessions, we strongly suggest looking into Ezoic. This ad network has the potential to increase ad revenue per 1,000 users by 3-4 times as much as AdSense if you can generate the traffic.
In order for the method to work, you must have high-quality, optimized content on your website’s pages. This includes carefully incorporating keywords into the written text so that Google can determine which ads to serve on your site.
It is very important to match the topic of your articles with the ads’ target audience; the contextual ads must be relevant to those who are interested in your content. If not, people won’t click on the ads, and you won’t make any money.
2. Affiliate Marketing
One way to make money from your website is to sign up for affiliate marketing programs. Affiliate marketing is a type of performance-based advertising where you earn a commission for promoting someone else’s products or services on your website. When a visitor clicks on a link and makes a purchase, you earn a commission.
It acts as a system where you generate a sale by promoting a product on another site. Every visitor you refer to the product website is monitored, and you earn a commission for every purchase made on the product website.
3. Sell advertising space
If you’re looking to generate some extra revenue, you can consider selling ad space on your website or blog. This is a relatively easy way to monetize your site, and there are a number of different ways to go about it. You can work with ad networks, or sell ad space directly to businesses that are interested in reaching your audience. Whichever approach you take, make sure you carefully consider the placement of the ads so that they don’t interfere with the user experience.
4. Contributions & Donations
The most effective way to fundraise through your website or blog is to keep donations separate from other forms of monetization. People are more likely to donate if they don’t think you’re already making a lot of money from your website or blog.
You should also talk about the cause you’re supporting to convince readers that it’s worth donating.
5. Portfolio to get projects
This method is beneficial for websites that wish to display expertise in a certain subject. The “HIRE ME” section not only enhances the presentation but also provides people with the opportunity to take advantage of paid, specialized services that will create more value for them.
The “HIRE ME” section should not only establish you as an expert in your field, but also secure speaking gigs, and consulting offers, and highlight the advantages of working with you. It’s likely that you’ll be contacted for potential partnerships that result in financial gain.
6. eCommerce store
An e-commerce store is a great way to monetize your website. You can offer users a convenient way to purchase the products they want online. Setting up an e-commerce store is not a new idea, but it can be a very profitable income source if you can make your store stand out from the competition in the online marketplace.