Make Money From Website |
Selling Ad Space
You may find them pointless or annoying, but the truth is, displaying adverts on websites is one of the simplest ways to make money. The most common way to sell ad space is by using a pay-per-click model.
This is where you receive commission from the advertisers every time someone clicks through to their advert from your web page.
Sponsored Posts
‘Sponsored posts’ is a phrase that gets bandied about a lot on Instagram. It’s synonymous with Influencers, who use their massive follower base to promote products in return for cash. It’s not just Instagrammers who can get in on the action, though.
As your website grows in popularity, you may find companies reach out to you in the hope you’ll promote their brand.
Subscriptions
Subscriptions work best when you have a product or service that people can’t physically buy, but do need to access regularly.
A website builder is a perfect example, where you pay a monthly fee to first create, then host your website online.
Selling Products
Although creating a dedicated ecommerce site is the best way to make money if you have a lot of products to sell, it’s not very cost-effective if you only have a few items.
Affiliate Marketing
affiliate marketing is more popular than ever. There are two different ways of generating profit from affiliate marketing: CPC (cost per click), or CPA (cost per acquisition).
Naturally, the more traffic your website gets, the more traffic you can potentially redirect to an affiliate. In this respect, it’s a lot like selling ad space – you need to get a lot of site visitors in order for it to be a worthwhile revenue stream.
Accepting Donations
While selling ad space and affiliate marketing rely on your website getting a lot of traffic, donations can be a more effective way of making money if you build a really engaged community.
Beyond charities, donations are standard among podcast websites, many of whom rely on generous funding from listeners to maintain their show.