So you're here because you want to make money online - with a website. In this article we're going to tell you how you can make money with a website, whether you already have a website or you are in the process of building one.
There are many ways you can monetize a website, here are a few ways of making money with a website.
What are you interested in? What are you areas of expertise? Where do you even start!
One of the main ways of earning money with a website is by creating an authoritative site with lots of useful and unique information which will get great search engine rankings and attract visitors. When the visitors come to your website you can they sell products and services, display adverts etc.
You've decided you want to build a website to generate income, but what is your website going to be about?
It makes sense to create a website around a particular area of expertise. Writing about what you know is much easier than writing about something you know very little about!
So what is your area of expertise? Travel? Horse riding? Gardening? Fashion? Technology? Cooking?
Choose something you can write about in a knowledgeable, informative and entertaining way.
If you have an established website then one of the first things you should consider is Affiliate Marketing.
Affiliate Marketing is a form of online marketing that rewards website owners for referring customers to products or services offered by other businesses. The business that the customer buys from pays a commission to the website owner, typically a percentage of the sale price. Affiliate marketing is popular because it is a low-cost way for businesses to reach new customers, and it can be profitable for website owners if they choose the right products to promote.
It's important to choose your affiliate businesses carefully. If your website is about pets and pet care then there is little point displaying adverts for watches. You are getting visitors to your website because they are interested in pets, so try to enter into affiliate agreements with products and services in the pet market.
If your website is new then businesses may not be willing to have their adverts on your website until it is more established. So it's a good idea to build a good level of content before contacting businesses.
This could mean that your website doesn't display affiliate adverts for 6 months while the site is being built and populated with information, so how can the website earn money in these early days?
That's where pay per click (PPC) advertising comes in.
Pay-per-click (PPC) advertising is a model of online advertising where advertisers pay a fee each time one of their ads is clicked. This makes PPC an immediate form of revenue for website owners and blog publishers, even if the website is very young. As long as the website is attracting traffic, people will be seeing the adverts and clicking on them which in turn generates income for you, the website owner.
Bear in mind that the click rate for adverts on websites can be very low, so your website will need to be generating a lot of traffic before the PPC income reaches a decent level.
And don't be tempted to click on adverts on your own website to generate income - this is expressly forbidden. False clicks will be detected and you are likely to be removed from the PPC scheme.
The levels of income your website can generate from on-site adverts can vary enormously, and it's largely dependent on your website's visitor numbers - concentrate on building good quality content and the visitors will come!
One of the best known PPC schemes is Google Adsense. You sign up for a Google Adsense account, submit your website for consideration, and if it's accepted you then start the process of adding adverts to your website.
Google Adsense pays out advert revenue once a month (assuming you reach the minimum payment threshold.
Pay per click advertising is a great way for websites of all sizes and all ages to generate income for the website owner... as long at the website is generating traffic!
Look into as many PPC providers as possible, Google Adsense is probably the best known, but there are others such as Ezoic which is 'an automated website testing company that enables publishers to evaluate and optimize ad placements and website layouts.'
If you already have an offline business then taking it online and offering the same goods and services you sell offline is a great way to expand your potential marketplace massively.
If you have a small shop in a small town then the number of people walking through your door is going to be limited. If your shop is in Hertfordshire then you're not going to get many customers from Scotland.
Take your business online, and your potential customers can now be from anywhere in the world.
So taking an existing business online is a great way to make money from a website by selling products and services. But what if you don't currently have a business selling products and services, what are you going to sell?
One way is to set up a website selling products created by other businesses where they produce the goods and ship them out without you ever seeing them. This is called dropshipping.
In simple terms, drop shipping is a business model in which ecommerce entrepreneurs sell products without having to carry any inventory. When a store owner receives an order from a customer, they simply contact the supplier, who will then ship the products directly to the customer's door. There are even dropshipping apps that let you add products from various suppliers into your shop to fuel your product offering.
Dropshipping is the perfect business model for new ecommerce entrepreneurs. It?s simple to set up and manage, and it doesn?t require a large up-front investment. You can also run your dropshipping business in your spare time - you don?t need to quit your job to start a successful store.
Another way to make money with a website is to offer paid subscriptions. This can be done in a variety of ways, such as by charging a monthly fee for access to a members-only area of the website, or by providing exclusive content that can only be accessed by paying subscribers.
Your website can have lots of free information for people to consume, but you can place some information behind a paywall which only people with a valid subscription can view.
This of a website about stocks and shares. The website could carry all sorts of information relating to the subject which is free to view, but you could place share tips behind a paid for subscription so that only paying subscribers can view the information.
If you are a regular user of YouTube you may have heard of Patreon.
Patreon is a way for creators to get paid for their work. Fans can pledge money to their favourite creators on a monthly basis in exchange for rewards like exclusive content, early access to new work, or even physical merchandise.
Patreon has become a popular way for creators to make a living from their work with millions of people using the platform to support their favourite artists and content creators. You can find everything from independent comics and musicians to cooking shows and educational videos on Patreon.
So if you're a creator looking for a way to make money from your work, integrating the ability to subscribe using Patreon into your website is definitely worth checking out!
In this article we've looked at a few ways you can monetize your website, whether it's an established website or it's brand new and only just gone live.
One of the first things you should consider is Pay Per Click advertising. Placing third party adverts on your website can generate revenue from day one, as long ad your website is attracting visitors of course!
Entering into affiliate agreements with businesses in your niche is another great way of generating income. If your website is about fashion and you can display adverts for clothes shops then if someone clicks on an advert and places an order with that business then the business will pay you a small commission. Create a popular website with lots of visitors and affiliate income can build into a significant income stream.
How are you going to make money from your website?