It may seem like website flipping and affiliate marketing naturally go hand in hand, but there are other ways for webmasters to make money. Before a website can be ‘flipped,’ the owner has to show that there is a way for the new owner to make money. Of course, affiliate marketing is the most popular and attractive form of monetization, mainly because it requires little effort. If you can insert an affiliate link onto your website and even make a handful of sales, it will be much easier for you to gain the interest of potential buyers.
Then again, not all niches do best with affiliate marketing sales. Believe it or not, pay-per-click and even direct advertising still make up a large portion of the web market. Although most webmasters are not exactly thrilled with the profitability of Adsense, Kontera or Chitika nowadays, there is still limitless earning potential. With a new website, you have the benefit of starting with a clean slate. If you grow your website naturally by gaining the trust of your visitors, building a brand, and adding new content, you can turn your web property into a goldmine.
Monetizing a website to earn money out of it is what we all want, but do we have the right knowledge of how to do it? Today, in this blog I have shared with you some secrets to make money with your blog or website, and that too genuine so just get started 😉
What is monetization? How does it work?
Monetization is the method of making money using your website or blog to earn money, When you are getting good traffic from viewers on your website or blog then you can use several ways to earn money, and earning money out of your website or blog is known as Monetization.
There are many ways by which your website or blog can be monetized, so what are they?
Let’s discuss a few of them so that you can also use this information to monetize your website or blog.
The first one on the list is :
Now, if you don’t know what is Google AdSense then let me tell you, Adsense is a product of Google and it displays ads for different companies or products on your website. So, you are giving out some part or some place of your website or blog to run ads there, and AdSense in return will provide you money for the rent to use that part of your website or blog.
Whenever your website visitors see the ads and if they click on that ad you will get earnings in return,
This is the most common and easy way to earn money with your blog or website. Whenever you visit any website on the internet and you see any ads for different companies or any products for sale that means that website is using AdSense to earn money.
So, you can also use the same to earn money.
Now, for that, you need to apply for a Google AdSense account.
For applying you need to sign up on Google AdSense, once you sign up and created an account it will ask for the URL of your blog or website, and the AdSense team will check your website whether they will approve your request to monetize your website or reject it.
Mostly the chances are your request will be approved if you have used original content and created it yourself, the things to remember before applying for monetization on your website to avoid request rejection :
- Don’t use someone else’s content, and never copy-paste the content of other people or other websites.
- Adsense team looks for plagiarism to avoid stealing others’ content.
- Put efforts into making your content so that it shows you are putting efforts into the content and it originally belongs to you.
- Avoid using copyrighted images or videos on your website, always use free images or videos on your blog or website.
- Have a good number of blog posts on your blog website and increase the content.
- Have good traffic and unique viewers daily on your content, if your blog is not having good traffic then Adsense will reject your request.
Just remember these things and your request will be approved within a week. And then can easily display ads on your website and start earning money.
The second way on the list is :
Affiliate links are the best ways to earn money using your blog or website if you want more earnings along with Google AdSense, you can earn pretty good by using affiliate links,
Before understanding affiliate links, you first need to understand affiliate marketing.
Affiliate marketing is the method by which we share links on our website or blog and these links redirect to the shopping of that product or service when people open these links they will be redirected to the product’s website like amazon etc,
And when a successful purchase is made, you will get a commission based on the product or service sold.
It is a very great way to monetize your website or blog because it generates a lot of income if your website is getting enough traffic. All you need to do is register with some affiliate partner programs based on your content, if you do technical blogging or product reviews then you can go to the amazon affiliate marketing program and use the affiliate link of amazon products,
or if you do blogging on education then you can go to websites like Coursera, udemy, etc for affiliate partner program and can make a huge income.
Things to remember while doing affiliate marketing :
- Always let your viewers know that you are doing affiliate marketing by displaying a disclaimer on your website as it will avoid any legal effects.
- Don’t use too many affiliate ads on your website, your main focus should be on the content.
- Use quality product links that pay you high but costs your customer low, so that they can easily buy them.
- Never use an affiliate of something bad product or service, because your viewers trust you and it will impact your business.
Now, you’re all set to start affiliate marketing on your blog or your website.
Sponsored posts are also very helpful when you think of making money online using your website or blog. Sponsored posts are blog posts where you write a blog for a company or a brand to promote their sales and they pay you for that one blog post.
The price of a sponsored post can be anywhere between $5 – $5000, people are earning a lot from such sponsored posts but for that, you need to have a huge base of traffic.
You will be writing an article or a post for the companies which will pay you in return and it is not very hard to write a post and in return, you are also getting a lot of earnings.
Things to remember while you use this method:
- Don’t write too many posts in favor of some company as it will show your blog as a paid PR agency which you should avoid anytime.
- Do 3-4 sponsored posts per month if you write at least 10-12 blog posts a month.
- Think before what you are writing and promoting that shouldn’t be illegal or useless for your audience, after all, your audience is your main focus more than anything.
If you’ve attained authority in your niche then information products can be the best type of monetization method. The reason being you’ve to produce it once and then it will bring income for years to come. There is no shipping involved, no inventory to manage, etc.
Though you’ll have to keep it updated that is nothing compared to initial production.
Membership or SaaS product
Membership or SaaS (Software as a Service) is another great way to monetize a website. These types of websites, though, will be a huge time-sink. The profit margins will be high though.
If you’re good at doing something which you are, and if you’re running a successful website, chances are some of your website visitors may greatly benefit from your consultation. To do a thing properly and getting successful at it requires a lot of learning which you can share. In addition, you must be following a process to get ahead of the competition in your niche.
With consultation, you can start sharing your expertise, knowledge, and the tested process that you follow. You may not think about the value of the process but trust me this is valuable because you’ve refined it after a lot of work and it has shown results.
Selling own products (eCommerce)
You can run an eCommerce shop and sell products related to your niche. If you’re hesitant to do this, think about how much help your website will become to some people who may want to purchase a product.
Even if you have a professionally designed website with a decent amount of traffic each month, PPC advertising can be hit or miss. There are just some keywords that won’t make the average website master a lot of money, especially when they are not in the #1 search engine position. If you can find a niche that hasn’t already been capitalized on ad nauseam, PPC advertising can make your web properties very attractive.
Although some keywords may be more profitable than others, there are other factors to consider. Figuring out something as simple as the best place to insert your ads can make a huge difference in income. Ad blocks, ad placement, and even the types of advertisements that appear on your website will all impact your bottom line.
The fact of the matter is that pay-per-click ads are not suitable for all websites, let alone those that are going to be ‘flipped.’ You should research your niche to see how your competitors are monetizing their websites before you decide on whether or not to use PPC ads. Also, remember that PPC ads are easy to swap out, so if you do sell your website at a later date, the buyer will be able to start making money with minimal effort.
There are those in the web advertising market that believe that only well-established websites can get businesses to advertise directly. Although larger and more popular websites are often able to get direct advertisers without much effort, a novice can make money after only a few months. Again, you will need to consider your website’s niche. If you can cover a very specific market within a popular niche, queries about direct advertising will start to come your way.
Direct advertisers usually require prominent placement and the maximum amount of exposure to make a deal. You can have other advertisers on your website, but your direct advertisers will take precedence. Reaching out to companies that you feel would give your readers access to high-quality products or services is not frowned upon. In addition to building and developing websites, you will also need to learn how to negotiate if you won’t get into direct advertising.
Lead generation business generates quality leads from the consented users and then relays them to the companies that provide required services. This is usually frowned upon but can be a legitimate monetization method if you give enough thought to the privacy and needs of your users. You must adequately inform your users about how you’ll use the information that you’ve collected.
If you use these methods genuinely then I bet, you’re going to earn a lot. You all need to do is putting effort into making your blog impressive and to do that the very first thing to do is write more and more content that will attract viewers and you will build a traffic base for your website. That’s all I wish you the best, Happy reading 😉