1. Make money with Ad Networks (e.g. Google
AdSense, AdThrive, MediaVine)
The method works when
you have high-quality, optimized content on the pages of your website. It needs
careful inclusion of keywords into the written text, so Google might determine
what ads to serve to your site. Matching the topic of your articles with the
ads target is very important: the contextual ads must be addressed to those
very people that are interested in your content. Otherwise, they won’t click on
the ads, and no profit will follow.
Important: Google AdSense is decent for sites with less than 10k
visitors. But once you have 10k sessions, we strongly suggest you look at Ezoic.
This ad network can increase ad revenue per 1000 thousands uses 3-4 times as
much as AdSense, if you can gather the traffic.
Guide to Google AdSense:
- Check this source to see how you can monetize a website with Google
AdSense
- Check this to
see how AdSenseflippers became an expert at generating income from AdSense
ads
Famous websites
monetized with AdSense:
- Pete Cashmore – founder of
Mashable.com
- Shawn Hogan – founder of
Digitalpoint.com
The average profitable
AdSense-monetized website:
- Lenpenzo.com
Estimated income:
- The income can go up to about
$3000/month.
- The average profitable websites
can earn about $1000 in a few months
Requirements:
- Optimized website
- Subscription to a Google
AdSense account
Budget: $30 to $50 (Budget needed to keep the website
up and running )
Estimated time for profitability: three months to six months
Growth and marketing methods: SEO / Content writing / publish
articles frequently
Must have skills:
- SEO skills
- PPC skills
- Story teller
- Publishing information-rich
articles
2. Monetize your website with Affiliate
Marketing
It mainly functions as
a system where you generate a sale a product on another site. Every visitor you
send to the product website is monitored, and you get a commission for every
purchase done on the product website.
Guide to Affiliate
Marketing:
- Check this source to see how you can
monetize a website with affiliate marketing
- Check this to see how Lucie’s List successfully got
monetized with several affiliate programs
- Read this case study
.
Famous websites
monetized with affiliate marketing:
- Nerdwallet.com
- Thisiswhyimbroke.com
The average profitable
website monetized with affiliation:
- Outdoorgearlab.com
Estimated income:
- Big sites can earn well over
$5,000 per month.
- The average profitable websites
can earn about $2000 in a month.
Requirements:
- Optimized website
- High traffic volumes
- Subscription to an affiliate
program
Budget: $30 to $50 (Budget to keep the website up and
running )
Estimated time for profitability: about 2 months to get the first
$100 commission
Growth and marketing methods: SEO / Content writing / Product
Descriptions / Reviews
Must have skills:
- SEO skills
- Social media skills
- PPC
- Content writing (product
descriptions)
·
Content Lockers:
·
Monetizing your website can also be done thanks to content
lockers. Content lockers allow you to make money on your website
by blocking a particular, chosen part of your site. Anything can be blocked,
for example, the rest of the article, video, a certain premium content,
or a simple file. It’s a great way to monetize your website.
If a user wants to
access a blocked part of your website, they must first complete at least one
task on the list. On MyLead – a global affiliate network, you can generate
up to 4 different types of Content Lockers for free. They can
all work on any kind of device and are easy to install. Go to MyLead and
once you’re signed up, check out their Content Lockers in the panel.
3. Sell ad space
Instead of acting
through third parties, you directly sell advertising space to media buyers.
Therefore, 100% of the advertising budget will go directly to you. No more
bothering about traffic, visits or conversions. However, it may require
in-person meetings and negotiations that will, however, pay dividends in the
long run.
Guide to Selling Ad Space:
- Refer to this source to see how you can
monetize a website by directly selling ads on your website pages
- Check this to
see how you can be part of a program where advertisers buy online ad space
- The average profitable websites
can earn about $1500 in a month
Requirements:
- Good-looking design
- High traffic volumes
- In-person meetings, directly
contacting advertisers
Budget: $30 to $50 (Budget to keep the website up and
running )
Estimated time for profitability: revenues can appear immediately,
as advertisers sign the agreement. Also, it depends on how much traffic
and following the website has.
Growth and marketing methods: building a niche website, writing
about interests shared with many people or about some hobbies, so the monthly
traffic volumes are high
Must have skills:
- Blogging talent
- Social media
- Negotiation skills
- Analytical skills
4. Ask for donations and contributions
To make it really work
for your website/blog, you should consider not mingling donations with other
monetization methods. People are more inclined to push the donate button if
they don’t perceive you’re already making big money from your website/blog.
You should also speak about the cause you sustain, for readers to get convinced
it’s worth donating.
Guide to Accepting Donations:
- Check this source to see how exactly
you can gain money from accepting donations
- Visit this link to see more on best
practices regarding donations, and examples
- Check Patreon and
its functioning system.
Famous websites monetized
with donations:
- Acumen.org
- Care.org
- Wikipedia.com
- Brainpickings.org
Estimated income:
- Up to $5000
- Most commonly $1000
Requirements:
- Good-looking design
- Transparency in dealing with
gained donations
Budget: Budget to keep the website up and running
Estimated time for profitability: 3 to 6 months from starting the
program; it’s recommended that you shouldn’t start the donation program
immediately, rather start it after you have gained at least 10k visitors /
month.
Growth and marketing methods: public relations, establishing
connections and getting in touch with PR professionals, encouraging
word-of-mouth and social media buzz.
Must have skills:
- Professional-looking website
- A supporting money source for
keeping the website running
- Community moderator
- Social media
- Crowdfunding.
5. Get Paid For Every Visitor with Repixel
Repixeling is a form
of online advertising where non-competitive companies in the same industry
target visitors to each other’s websites and apps. For example, if you own a
hiking blog, an online store that sells tent, a hiking app looking to acquire
downloads, and/or campsites looking to add bookings would likely be very
interested in tagging your visitors so that they can serve Facebook Ads to them
later. Using a platform like Repixel,
you can post a listing in their marketplace that
shows you’re willing to let advertisers target your visitors, and you can set
your own price in the form of a CPM (cost per thousand pageviews). Once the
connection between blogger and advertiser is formed, the blogger gets paid for
every 1000 pageviews.
There are three main
benefits to repixeling.
- Controls: You can approve and deny any advertiser that you want
to work with. So unlike monetization platforms such as selling ads through
AdSense where you have limited controls on which brand shows up on your
page, if there is a brand or competitor that you are not interested
in partnering with, you can easily click “deny” when the repixel request
come through.
- Scale: There are only so many ad units that you can add to
your blog at a time, but because Repixel works in the background, you can
work with and get paid by as many advertisers as you want.
3. No more spam: People came to your website to find content,
not see ads or get prompted with a million different offers. Adding repixel to
your website is completely invisible to the user so it doesn’t take away from
the user experience.
6. Use your site as a portfolio to get
projects
This method is
suitable for websites that show off your expertise in dealing with a certain
subject. The HIRE ME section only perfects the presentation, giving people the
chance to benefit from specialized, paid services that’ll bring them more
value. The HIRE ME section should not only confirm you as an expert in your
field, but also get you speaking jobs, consulting offers, and highlight the
advantages of people collaborating with you. Chances are you’ll be contacted
for potential partnerships that’ll bring you money to the table.
Guide to Including a HIRE ME section in the website:
- Check this source to see how you can build a HIRE ME page within
the website
- Here’s an example of a HIRE ME page in a website, that helps
monetizing the website
Famous websites
monetized by adding a HIRE ME section in the website:
- Ashleygainer.com
- Cyrusvanover.com
The average profitable
website monetized with donations:
- Innovativeink.ca
Estimated income:
- It depends on how much you
require as payment for providing professional services in your activity
area
Requirements:
- A neat and clean template to
build your website
- A professional presentation of
yourself
Budget: $30 to $50/semester for keeping the site up
and running
Estimated time for profitability: 3 to 6 months to get your
optimized website visible in the search engines; or else even less if you
promote the website in social media (e.g. LinkedIn)
Growth and marketing methods: social media marketing, search engine
optimization, pay per click, promotion on expertise-focused platforms or
freelance platforms such as Elance.com
Must have skills:
- Professional-looking website
- Content writing which observes
a certain tone of voice
- PPC skills
- Marketing abilities to showcase
your expertise.
7. Create an eCommerce store
This is one of the
most frequently used method of monetizing a website. It implies putting in
place an online store, where users can come and order the products they like.
The idea of an e-shop is not new. However, it’s a profitable income source,
depending on how much you manage to distinguish the e-shop from your
competitors in the online market.
Famous websites monetized
- Ebay.com
- Walmart.com
Estimated income:
- Bigger websites can earn well
over $10,000 per month.
- The average conversion rate for
an ecommerce business might be of 2%. This means that for every 100 people
who visit your store you can expect 2 people to make an order. The average
order value for small ecommerce stores might be $45.
Requirements:
- Self-hosted ecommerce solution
- Complete solution including
stock management, payment methods integration
- Support system
Budget: minimum $500 to set up the online store. The
costs could range from $5 thousand to more than $5 million, depending on the
ecommerce website you want to build
Estimated time for profitability: about 6 months for the ecommerce
website to grow
Growth and marketing methods: Ecommerce SEO / Product Marketing /
Pricing / Community Gathering / Social Media Marketing
Must have skills:
- Selling skills
- PPC skills
- Content writing (product
descriptions)
- Organizational skills
- Product management
8. Sell e-Books
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.
Guide to Selling E-books:
- Check this article guiding you through selling e-books on your
website
- Here’s another resource on how to create an e-book, no matter what your
budget is
- Check this case study showing how to make money from selling e-books
Famous websites
monetized by selling e-books:
- Darren Rowse –
Digital-photography-school.com
- Brett Kelly – Evernote Essentials
Estimated income:
- An E-book can give you about
$2,000 in about a year.
- The average e-book sells 3000
copies in its lifetime. Multiply this number with how much you charge for
a copy and you can get the average income from selling e-books.
Requirements:
- Provide the e-book in an
easy-to-read PDF format
- Give a PayPal link for the
payment or any other payment method
- Optimize the e-book landing
page accordingly, for high visibility in the search engines.
Budget: the minimum cost of writing and publishing an
ebook can be as low as $0, but if you want custom graphics, and other nifty
features you might have to pay a designer.
Estimated time for
profitability: 3 months to get your
e-book landing page promoted through paid methods / 6 months to get your e-book
landing page promoted organically
Growth and marketing methods: Networking / Affiliates / Offline
Press / Social Media / Buzz Marketing
Must have skills:
- A polished style and at the
same time, a natural tone of voice
- Structured thinking to clearly
present your topics
- A sense of what content would
be useful and pleasant to read
- An accessible writing style
- PPC skills
- Social media skills
9. Charge money for sponsored posts
Sponsored posts are
those articles you get paid for by third parties (advertisers) after both
parties have come to an agreement about the conditions of publishing them on
your website. An example of such a site is dronesgator which writes paid product reviews for drone manufacturers.
You can reach out to
them, or else they might contact you for (writing &) publishing content
regarding their products/services. You can even hire external writers to write
this for you. There are tons of content and essay writing services out there.
Guide to adding
sponsored posts and reviews to your website:
- Turn to this article for guidance on accepting sponsored posts on your
website
- Check this resource for a case study on sponsored posts
Famous websites
monetized with sponsored posts and reviews:
- Makezine.com
- Techwyse.com
- About $2,000/month
- The income can go up to $6,000
Requirements:
- Create a media kit telling
publishers important facts about your blog audience
- An extended audience
(considerable amounts of traffic)
- An audience that represents a
good target for the sponsored posts, as these should be relevant to them,
and help them.
Budget:
No budget needed for accepting sponsored posts on your website.
Estimated time for profitability: as soon as the agreement is
signed, and the articles are published
Growth and marketing methods: Social Media Marketing / SEO / Niche
targeting with specific topics
Must have skills:
- Negotiation skills
- Content writing
- Analytical skills
- PPC skills
10. Create paywalls for premium content
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.
Guide to adding gated premium content to the website:
- Check this article to see when it’s appropriate
to use gated content and when it’s not
- Check this post for the examples of
premium gated content it provides
Famous websites
monetized with gated content:
- Backlinko.com
- Doubleyourfreelancing.com
- Fs.blog
The average profitable
website monetized with gated content:
Estimated income:
- The income might not appear
directly from gating content. Rather, you gather information about your
audience, and then you can target that audience with better
content/products/services. The real income will come from a precise
targeting of your audience.
Requirements:
- Contact form that gates content
- A carefully designed landing
page where users will find gated content
Budget:
- about $10 for popups software
- about $20 for gating content
software (e.g. Optinmonster)
Estimated time for
profitability: about 6 months for the
landing page to be discovered by web surfers
Growth and marketing methods: off-site SEO & linkbuilding,
social media marketing, branding
Must have skills:
- Content writing
- Marketing tactics
- Social media
11. Generate and sell leads
The lead generation
model is another viable option for monetizing a website. Through content in
your website, you should attract users that can be registered as qualified
leads that a company will use to turn into customers/clients. It is very
important that the leads should be qualified, for you to get paid for bringing
them to that company. The payment models are either pay per lead or pay per
call.
Guide to generating and selling leads:
- Check this source to see how the
system of generating and selling leads functions
- Find out more about the system,
by reading this
- Check this article including a case
study on generating and selling leads
Famous websites
performing well at generating leads:
- Ellevest.com
- Bookofthemonth.com
Estimated income:
- $1000’s in Revenue A Month
- Start $10 per lead.
Requirements:
- Putting in place referral forms
- Establishing the conditions
under which you get paid by the company benefiting from leads you refer to
them
Budget: about $300 for marketing your website pages
Estimated time for profitability: 1 month for some leads to be
found and sent to checkout on the company’s website
Growth and marketing methods: website optimization / social media /
SEO / content marketing / email marketing
Must have skills:
- Marketing skills
- Communication skills to catch
the audience with your copy
- Analytical skills to have the
lead generation process under the radar
- PPC skills
12. Offer consulting services
Another option to
monetize your website is to offer consulting services. This is a good idea if
you want to put your strengths at value and offer consulting to different
companies, in exchange for money. A short presentation of yourself will instill
trust and build your credibility as a consultant who’s worth paying.
Guide to offering consulting services:
- Read this article on how to turn your
strengths into valuable consulting services
- Check this article for some case studies
regarding consulting services Mazars provided to their clients
Famous websites
selling consulting services:
- Bain.com
- Capgemini.com
The average profitable
website monetized with consulting services:
- Brafton.com
Estimated income:
- Depending on how much you
charge for each project
Requirements:
- A clear, concise and trustful
presentation of your strengths, skills and expertise
- Some data that serve as proof
for all of the above
Budget: about $100 to keep the website up and running
Estimated time for profitability: 1 month to 3 months to make your
website visible in search engines and get contacted by potential partners
Growth and marketing methods: social media / SEO / content
marketing
Must have skills:
- Marketing skills
- Self-presentation skills
- SEO
- PPC
- Social media
13. Monetize your website with membership
content
Membership websites
refer to content that is continuously delivered to users, in exchange for
subscription payments. The content provided to users must be valuable, useful
to them and unique. Also, it should be provided on a continuous basis, for
users to get it in exchange of a fee that covers their membership.
Guide to providing membership content:
- Here’s a list of the membership content types you
can constantly provide to users
- Read this article about how to make money
with a membership website
- Here’s a case study on how to grow the
membership purchases by optimizing the website’s features
Famous websites
providing membership content:
- Internationalliving.com
- Youpreneur.com
The average profitable
website monetized with membership content:
- Fabfitfun.com
Estimated income:
- It depends on how much your
competitors charge for the same content, as well as the value (either
financial or of other type) the membership content provides to users
Requirements:
- A website built on WordPress
- A membership plugin (such as
MemberPress)
Budget: about $100 to keep the website up and running
Estimated time for profitability: 1 month to 3 months
Growth and marketing methods: buzz marketing / content blitz /
promoted website launch
Must have skills:
- Marketing skills
- Community management
- Positioning yourself as an
expert in a certain industry area
- Social media
14. Do product reviews
Writing product
reviews represents a simple and fast method of generating income with your
website/blog. You have to choose products that fit your niche’s interests, and
that you know well. Hence, you can simply drop some lines to express your
opinion about those products which might interest your users. You will get paid
by companies wanting to promote their products in the online world, by way of
product reviews.
You can also make money by subscribing to an affiliate program for those
products.
Guide to writing product reviews:
- Check this source on how to write product
reviews
Famous websites
providing product reviews:
- Consumersearch.com
- Slant.co
Estimated income:
- from $300-$500 and
upwards/review
Requirements:
- Specific section in the
website, dedicated to product reviews
- Objective tone and impartial
writing
Budget: $30 to $50 to keep the website up and running
Estimated time for profitability: 1 month to 3 months
Growth and marketing methods: social media marketing / content
writing / community gathering
Must have skills:
- Marketing skills
- Community management
- Objectivity
- PPC
15. Create online video
course/tutorial/webinar
Creating an online
video course might prove successful as a website monetization method. You
should start from the premise that everything is teachable, so you can use your
expertise and knowledge in a particular area to teach others how to start
getting involved in that area. In exchange for a sum you set up, people will be
glad to come and subscribe to your online courses.
Guide to creating online video courses:
- Read this article on how to create an
online video course that’ll bring you money,
- Check this for more in-depth advice on
creating online video courses,
- Here’s a collection of case studies about
creating online video courses,
- For making a video course use a
video editor and combine videos online.
Famous websites
providing online video courses:
- Lynda.com
- Pluralsight.com
The average profitable
website monetized with online video courses:
- Onlinecookingschool.com
Estimated income:
- Check with this online course earnings calculator how
much money you can make
Requirements:
- A course outline
- Some research on the subject
- Video making software
- A transcript for the video
- A camera & a microphone
Budget: recommended reading this for having an idea of how much
creating an online video course costs
Estimated time for profitability: about 6 months
Growth and marketing methods: social media / pay per click /
Facebook ads / content marketing
Must have skills:
- Teaching skills
- Clear & friendly voice
- A propensity for clearly
structuring things
- Social media
Here’s a tool we
recommend for creating your own online course.
16. Sell Podcast subscriptions
Offer premium audio
content to users – these are podcasts available after paying a subscription.
This is content users must pay for to get access. The method is simple, yet
premium content should be carefully selected and indeed be of value to people
paying for it.
Guide to podcasting:
- Check this source to see how you can
monetize a website with podcasts
- Check this to see how Growth
Everywhere went from 0 to 80,000 downloads per month
Famous podcasters:
- JAIME JAY – Stop
Riding the Pine (conversations with changemakers and
disruptors)
- PAMELA GAY – Astronomy
Cast
The average profitable
podcast:
- School of Podcasting – 1,200 to
2,000 downloads per episode (from here, you can infer how much can be
earned from each podcast episode)
Estimated income:
- The most successful podcasters
earn $50,000 per episode
- The average profitable
podcasters can earn about $10,000 per episode
Requirements:
- a fast computer, a mixer, a
good microphone, lighting, website plugins
Budget: around $20 to $30 per month
Podcast specific expenses – media hosting, voiceover,
recording/editing software, microphone
Estimated time for profitability: One month to six months
Growth and marketing methods: SEO / Cross promotions / publish
episodes frequently, at least in the first 8 weeks
Must have skills:
- Audio recording skills
- Sociability, interviewer
abilities
17. Use CPM/CPA/CPC/PPC networks
Below are explained
all these models:
Here are the best CPM networks that users like
to use.
Guide to advertising:
- Check this source to see some of the
recommended CPM networks for bloggers
- Here are some examples that better
explain the CPM models
Estimated income:
- Calculate the income you can
expect from CPM advertising, by using this calculator
Requirements:
- Subscription to a CPM network
- Considerable traffic on your
website/blog
- Consistent article publishing,
to keep the audience engaged
Budget: no specific budget required for the website’s
owner
Estimated time for profitability: about 3 months
Growth and marketing methods: social media/content marketing
Must have skills:
- Content writing
- Community management
18.
Start a dropshipping e-commerce business
Dropshipping is a business model according to which you, the
online shop owner, don’t have to store any inventory before selling products.
Products are sold without you needing to store them in a repository, directly
from the wholesaler or manufacturer.
Guide to dropshipping
e-commerce:
- Check this source for a complete
explanation of the dropshipping business model
- Here’s a case study on how to get over
$3,000 in less than a month, with dropshipping
- Another case study about how
dropshipping brings profit
- Avasam’s compelling dropshipping guide
Websites monetized
with dropshipping e-commerce:
- Shop.ugmonk.com
- Bremont.com
Estimated income:
- About $5,000/month
Requirements:
- Choose a dropshipping platform
such as Eprolo
- Choose an e-commerce template
to build your store on
- Install WooCommerce for your
website
Budget: about $500 for a startup to implement
dropshipping
Estimated time for profitability: about 3 months
Growth and marketing methods: social media / Facebook ads/content
marketing / SEO
Must have skills:
- Online sales techniques
- Writing attractive product
descriptions
- Sales management
19. Apply for crowdfunding
Crowdfunding is an
online money-making method where small amounts of money are gathered from a
large public, in order to finance a for-profit company.
Guide to crowdfunding:
- Here’s how to get started
- Here’s a case study of how NOMAD ran its
crowdfunding campaigns
Websites monetized
with crowdfunding:
- Kickstarter.com
- Indiegogo.com
Requirements:
- Know the regulations regarding
crowdfunding
Budget: Product Design ($3,000
– $7,500) + Prototype Manufacturing ($5,000 – $10,000) + Professional
Photographer ($500 – $2,500) + Video ($1,000-$5,000+)
Estimated time for profitability: about
6 months
Growth and marketing methods: advertising/expos
& trade shows/press releases distribution
Must have skills:
- Community management
- Marketing skills
- Capacity of persuasion
20. Content marketing
There are many ways you can make money from the content you
produce. Let’s go through each option and see which best suits you:
- Persuasive
copywriting to sell your products and services
Here comes persuasive copy that’ll have the role of pushing
users to buy. The text should be completed with a perfectly crafted
call-to-action.
- Linking
content pieces to your products and services
Here, you need to pay attention to the anchor text in the copy,
linking to products or services. You should keep it highly relevant to the link
target, so it performs best attaining the goals you have with your content.
- Placing
unique affiliate links into your content
You promote a company’s products on your website. when a user
reads your content and clicks an affiliate link, they are driven to the
company’s website. If they buy the product on that company’s website, after
they’ve followed your affiliate link, you get a commission for that sale.
- Repurposing
and repackaging your website’s content
This functions well when e.g. you gather some posts of your
blog, give them a coherent structure, and turn them into an e-book. You can
then sell the e-book and get money from that content.
5. Make
money blogging
This
is a huuuuuge topic. There are all sorts of blogs that you could develop. You
must find a niche and ways to target your audience. Once you have that, there
are more ways to monetize (many of them have already been mentioned in this
article). If you decide to make money blogging, prepare for lots of work,
it ain’t easy.
21. Use monetization widgets/plugins
There
are plenty of widgets/plugins you can add to your WordPress website, for
monetization purposes. They help you insert ads or links into the posts or
pages of the website, and they will thus contribute to your earnings.
Here’s a link explaining
how some of these plugins function.
Here’s another source about WordPress monetization plugins.
Among them:
SEO Smart Links
You place different keywords into the text of your pages, and you assign links
to them so that when these keywords pop up in your text, they automatically
redirect to different content that you’ve preselected.
Cleeng Content Monetization
With this plugin, you can limit access to certain parts of your website, which
holds the information that someone is looking for until they’ve paid for the
access.
Ad Injection
This plugin allows for ads to be inserted into the website content so that you
can earn money from them. They allow for managing your different ads easier, as
you can place them around your site, and within your content.
22. Make money by displaying audio ads
This
method is relatively new. You can envisage including audio ads on your website,
if the ads are relevant to your target audience. It’s recommended that you keep
up with the evolution of this
monetization method, and if deemed suitable, you can try it, too.
23. Use native advertising
Native
advertising is a form of paid media that resembles the look and format of the
content being published on the website it is included into. Online advertorials
are one type of native advertising intermingled in a website’s content.
Sponsored content is another specific form of native advertising, and it works
well for blogs and personal websites.
We won’t insist upon this monetization method, as it’s been described at length
in the case of sponsored content.
Instead, here’s a resource you should check and a tool for
using native advertising.
24. Resell your content offline
This
is an underestimated, often looked-over monetization method. It implies taking
valuable content from the website and reselling it to other types of media, for
the offline channels. So get creative!
Guide to reselling content offline:
Check this case study about how to make money
reselling online content to offline channels.
25. Email newsletters with third-party links
advertising for other companies
If
you reach a considerable number of website visitors, you might consider this as
a monetization tactics. Invite users to subscribe to your newsletters and
include in those newsletters third-party links advertising for other companies.
The companies will pay you for the traffic coming from this source and
depending on the open rate you register for the newsletters. Such links fall
under the category of affiliate links (Links that direct to a third-party, but
do not market on behalf of that third party. Often, affiliate links are used in the context
of a partnership between two independent vendors or businesses).
26. Banner Advertising
Banner
advertising is somewhat risky. Showing too many ads on a single webpage might
detract users from visiting other pages, as well. Thus, the income from ads on
a single page might be consistent, however it is far less than the income
coming from a session of several pages visits from the same user. Thus, banner advertising
should be used wisely, to maximize profits coming from this monetization source.
Banner advertising is probably the easiest method to monetize a website/blog,
and, in the meantime, the less effective.
Guide to banner advertising:
- Check this article to see what the
technique of banner advertising implies
Estimated income:
1000 displays of an ad would cost the advertiser, on average, $2.80.
27. Building tools people are willing to pay
for
Another
option to monetize your website is to build some great tools people will want
to pay for to use. They can be WordPress plugins, SEO tools, or any other type
you want. Give them to people in exchange for a fee, and you can get
considerable amounts of money, over time.
For instance, Creatopy gives
communicators the needed tools to spark their creative journey and keep visual
content organized and always on-brand.
28. Buy and resell websites
Website
flipping means you buy a website, you work on improving it and you sell it at a
higher price. This means you generate income in two ways: both from
monetization methods you apply while you own the website, and from selling it
afterward.
The monetization strategy will differ from one website to another, and the
income resulting from website flipping depends on how well you manage to
improve it while you own it.
Regardless
of your chosen method, you need to think of promoting your work. To find the
suitable promotion tactics that work for your website at a given time, you have
to keep up with the trends. This infographic
about the digital marketing trends you must know will surely
help you to have a good start.
Ever
wondered how to get new customers after you’ve launched your digital
product? Here’s an in-depth guide that will give you exactly what
you’re looking for and get to your first 100 sales.
A closing word
Keep
in mind that it might be suitable to combine several methods and mold them into
a monetization strategy. Carefully choose them and put the perfect monetization
strategy work for you.
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