Earning money online from a website isn’t impossible. With a bit of luck and some hard work, it can be done by anyone. Whether it’s a small side hustle or your entire monthly income, monetizing websites has never more profitable. Now you might be asking -“Aren’t e-commerce websites like Flipkart and amazon the only ones that generate profit?”. Well, no – actually, far from it. These days, there are multiple ways you can earn money online from a website; and we can show you how.
Some methods of monetization are simple, some a little more complex, but all can work wonders. Below, we’ll take you through the eight most common ways to monetize a website.
1. Affiliate Marketing-
Affiliate marketing is one of the most popular ways to earn money online from a website or blog. First, find products you like and would recommend. Then promote the product your website visitors. If people like the product or service, they’ll click on your affiliate link. If they purchase the product, you get a commission of the sale price. The commission might be anywhere from 30% of the product or service price, up to as high as 70%.
2. Advertising through Google Adsense-
AdSense allows publishers to use Google’s advertising network so that advertisers can run ads on your website. The best part about this system is how simple it is. Once you sign up for Google Adsense account, Google will place a simple code on your website that will identify what your website is about and start displaying suitable advertisements. Let’s your site is about food, Google AdSense will start showing your visitors ads for restaurants, groceries, and more. You get paid each time visitors click on the ad. Your cut might be anywhere from Re. 1 to Rs. 50 per click. When your site has enough traffic, you can make thousands of rupees each month. It is one of the best ways to earn money online.
3. Sell ad space-
Another is to simply sell your ad space directly to companies or local businesses. In this method, you can say that your website is like a billboard. You can come up with a price for each space. For example: “banner ads will cost Rs.xxx per month”. The good thing about this approach is that if your site gets a ton of traffic from different sources, your simple banner ad pricing can go up to as high as Rs.1,00,000 per month! But, the downside is that if your site doesn’t get a lot of traffic, you can’t expect to earn much either. The other common method is by selling ad space directly. You simply name a price and get paid upfront at the beginning of each month. This pricing is also generally a simple flat fee, not tied to a Cost Per Click like AdSense.
4. Give away premium content for extra money or accept donations–
If you are creating awesome content that visitors love. You can always try asking them to pay for some of it. I’m personally fine with paying for premium content. If you don’t want to charge your visitors, you can simply ask them to donate. Accepting donations isn’t a fast road to wealth, but it can help you cover expenses in the short-term. At the very least, you should be able to make enough to cover your basic expenses for a domain and hosting. You might even be able to replace your income. For example, web.archive.org makes a lot of money from donations. But, Keep in mind that don’t ask people to pay right away. Instead, stay focused on growing a community first.
5. Sell your own digital product, for example, an eBook-
If you have the potential to make the most money on a per-sale basis when you can sell your own directly. That’s because there’s no middle-man between you and the buyer. This approach is fairly simple because you can sell directly through your website and get paid immediately.
6. Sell your website-
There’s almost always a market out there for your website. That means if you’ve built up a reasonable audience or possibly even sold a few products. You might be able to sell it to someone else and make a quick profit. To be honest, we usually don’t suggest people this method. We’d want you to create something for the long term. At the same time, you can’t deny how lucrative it can be. For example, if your website is making Rs. 5,000 per/month through selling ad space, you might be able to sell the site for Rs.1,00,000.
Do you want to earn money online from a website? But, Don’t know how to create a website? Here, at Ujudebug, we help build user-friendly and reliable websites that have an excellent online presence. So, why not drop us a call or contact us? We have the cheapest options and monthly price packages available in Guwahati.
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