7 most effective ways to make money from a website
7 most effective ways to make money from a website
All the individuals who are entrepreneurs or simply desire to be their own boss have just one question: How can they make money from a website?
From the very start of this era, a large number of people all over the world are trying to swim in the ocean of self-employment, and the past three years of the pandemic have increased the number of these swimmers.
There are many ways to earn money online, but the most effective way is to get your website monetised and let your website earn money for you like clockwork.
The world of “making money from your website” is vast, and there are several tested ways millions of people are already earning from. There are, of course, some of the most effective online earning strategies that the best-monetised websites use, which will be discussed in this article, so stick to the end of the article to start your very own journey of online earning.
Affiliate marketing
Affiliate marketing means earning commission for generating leads or sales for a brand or company. In simple words, if you choose to be an affiliate, then you act as a digital salesman for a company and sell their products. If people buy the products from you, then the company pays you in commissions for your services.
Affiliate marketing is one of the best ways to earn money from traffic (website visitors). If you consider your website capable of generating more traffic, then affiliate marketing is the way to go.
Getting started with affiliate marketing
- Joining an affiliate network: First of all, join an affiliate network that will provide you with the products you need to advertise and sell on your website. There are tons of affiliate networks, but the Amazon Affiliate program and click bank are the most recommended ones. Simply go to the websites and make an account to get connected to these networks.
- Finding the product: All the online affiliate marketplaces have millions of products from which you can choose the products you want to promote. Go for mid-range products that also earn good commissions. All affiliate networks have their commissions list that the affiliates can download and compare commissions on a different category of products.
- Promoting and selling the product using affiliate links: Now, all that stands between you and your first commission is promoting and selling the product through your website. You can promote the product by writing a review about it that can highlight its pros and cons. Then in that review include the affiliate link for the product provided by the affiliate network you are a part of. Every time a visitor from your website buys the product using your affiliate link, you will earn a commission.
eCommerce/Selling products
Instead of relying on selling other brands’ products, and earning small commissions, you can also start your eCommerce website. You can sell a physical product that you manufacture, or you can sell digital eBooks, your composed music, stock or even photographs you clicked, and videos you made.
How to start an eCommerce site
- Buy a domain name and hosting: You have to start by purchasing a domain name and hosting. There are hundreds of host and domain providers that you can choose from. HostGator and Bluehost are one of them.
- Build a website: You can use WordPress to make an eCommerce website. There are many tutorials present on this topic; all you have to do is just follow the instructions.
- Advertising your eCommerce store: The digital market is so stacked nowadays that you cannot make it to the big club without proper advertisement and some investment. Therefore, you have to advertise your store so that you can generate traffic and build an audience. The best way to advertise your store is by using PPC for eCommerce.
PPC for eCommerce is an advertising strategy in which you can contact some renowned websites that are providing marketing space on a website. Now, all you have to do is advertise your online store’s banner on their website, and whenever someone clicks on your banner ad, you have to pay the website owner.
It is a very effective way to kickstart your business.
PPC advertising
As discussed above, you can also make money with pay-per-click (PPC) websites and sell ad space on your website. You can contact different brands and eCommerce websites and offer them banner ads space; brands will advertise their products on your website, and you can earn money against each registered click on that ad.
Selling memberships
Suppose you own a website that provides valuable information to the community, like insights into the upcoming movies, exclusive news on upcoming games, and exclusive celebrity interviews. Then you should use a simple WordPress plugin like bbPress to add a membership area to the website. If you have a loyal fanbase for your content, you can make a lot of money through the paid website content.
Sponsored posts
If you have a daily blogpost-based website, you can publish sponsored articles from different brands regarding their products and offer your writing services to earn even more.
Reviewing products
Once your website has earned enough respect in the affiliate marketing niche, you can move on to reviewing different products for brands. In the beginning, of course, you will have to rely on affiliate marketing commissions, but later, you can send business inquiries to different brands asking them to review their products. If your website has enough traffic, then any brand, big or small, would love to send you free products to review and pay for advertisements.
Selling services
“Talent always finds a way to the top” I strongly believe in that, and you should too. If you have any services to sell that you think people would be interested in buying, then display your talent on your website and also add a hiring button through which people can contact you and hire your services.
Website development is a good opportunity. Big businesses would pay hundreds of dollars to hire web developers, and thousands of freelancers are making money building websites.
“Being your own boss” is not just an expression anymore. It has become a need for all the individuals who were either unable to land a job even after spending thousands of dollars on their college degrees or individuals who don’t have a degree to back up their talents. The Internet has finally given an equal chance to all the people who want to make a difference in their lives. Now, the choice is yours, whether you want to just sit there and cry on lost opportunities or get up and take control of your life.
