Here are 4 PROVEN ways to monetize your website!
I would argue that the latest “American dream” is generating a steady income from your website so you can quit your soul-sucking nine-to-five job. Forget long, unpredictable commutes and trying to look busy in front of your boss (because an eight-hour work day is just arbitrary).
Here are four ways you can make your dream a reality.
- Affiliate marketing
Affiliate marketing is a popular way many users monetize their blogs. A popular affiliate program is Amazon Associates. In order to utilize this program, sign up for an account and it will provide you with a widget that you can place on your website (little to no web design experience required), which advertises Amazon’s products.
This helps the most if you choose products that are in line with your niche. If you have a blog writing about tech gadgets, you can advertise Amazon gadgets in a sidebar. This blogger makes between $60k a year from Amazon’s Affiliate program. Sign me up!
- Google AdSense
Google AdSense requires putting ads on your website. There are two ways to make money with AdSense: impressions and clicks. Impressions are views of a page that has ads, and clicks are actual clicks on the ads. If you reach $100 in revenue, you can withdraw the money.
This blogger made about $10k a month with Google AdSense. I know.
- Offer a coaching/consulting service
This could apply to a variety of services depending on what type of website you own. Fitness/health? Put together a meal plan and a fitness guide. Writing/Blogging? Offer a writing coaching service. Finance? Develop your own financial consulting package. I’ve seen these type of programs offered anywhere from $100-800+ per session depending on the amount of information and tools included.
- E-mail list
Having an e-mail list gives you many options for monetization. You can use your subscriber list to promote a paid membership that you have available on your site. It never hurts to remind your readers of what they could potentially be taking advantage of.
Another alternative is to offer free benefits that are exclusive to your e-mail subscribers. This makes your closest readers feel special, and gives them a reason to sign up.
Some services offer affiliate links that pay you based on how many people you get to sign up for the service. This user made $1,400 in one month in affiliate commissions. The trick to this method is to make sure you’re marketing something that your readers want, otherwise you’ll be known for sending out spammy e-mails.