
There are many different ways to generate money with your website
online. Unfortunately, too many people often give up because at that
present time they aren’t making any money at all. My advice is not to give up!
It takes time to build a site that will make you money, though with the
right direction, planning and hard work this can be achieved quicker.
It all depends on how you monetize your blog!
The following list is a collection of many of the different ways of
making money with your website.
Depending on what your website is about,
a large number of these techniques can be implemented to earn you cash.
But don’t get disheartened if one method doesn’t work for you just try a
different one and build upon that!
I hope this list helps you to see the variety of ways that you can begin to earn money online.
30 Ways To Monetize Your Blog
1. Pay Per Click Advertising
You can probably guess
from the name how you monetize your blog from this method. You get paid
for every click a visitor makes on these ads. You sign up to a provider
and they give you a code for you to place on your site. The provider
will then send contextual ads to your site (either image or text based)
that are relevant to the content of your website. Google AdSense is the most widely used provider of this service, but there are many others out there.
Pay Per Click (PPC) ads vary in
profitability depending on the amount of traffic your website gets. Only
a small percentage of people will click on these ads, so to earn a lot
of money from them you will need a lot of traffic.
The click-through rate (CTR) of your
visitors depends on the design of your website. Certain parts of your
website pages are more valuable than others, so to increase your CTR
these PPC ads can be placed there.
For example, space at the beginning
and end of articles/blog posts are highly visible, so by putting a PPC
in these positions may increase the chances of someone clicking on one.
If on the other hand you place these ads at the bottom of the page where
nobody can see them, then nobody will click on them.
The cost per click (CPC) can also
determine how much you are likely to earn from this type of ad.
Adverts
that display financial products or mortgages will generate you more
income due to the higher price of the actual product, compared with
perhaps children’s toys. The former may pay you as much as $1+ for every
click through by one of your visitors, whereas a click on toys may pay
you only a few cents.
Which ads shows up on your site is
dependant on the content of your website. After all, it would be daft
showing financial products on a website that talks about children’s toys
and vice versa.
PPC ads are a good way to easily monetize your blog. However, to make serious money from them you will need lots of traffic.
2. Cost Per Mile Advertising
Cost per Mile advertising (CPM) is
similar to PPC advertising, however instead of getting paid on a
per-click basis, you get paid according to the number of impressions
(page views) you get. This is worked out for every 1000 impressions that
it has. For example, a website that gets 200,000 page views per month
that displays a $1 CPM ad will generate you $200 a month!
There are a number of different CPM
providers out there that you can get ads from. Each varies on how much
they will pay you, generally the better the provider the higher rate you
will be paid. This is because the best providers have access to more
and better quality advertisers that are willing to pay you more.
Just like PPC, CPM adverts can pay you
more depending on where the advert is placed on your website. The higher
the ad is placed and the bigger the ad is, will generally make you more
money.
CPM adverts are beneficial for websites
that have lots of traffic and a high page view per visitor ratio, but it
is still a good option to consider when looking to monetize your blog.
3. Text Link Ads
This type of advertising allows you to
place text based ads within the text of your articles. For example, if
you are writing an article about a certain software, you can place
text-link ads within your posts that would refer your viewers to that
particular product.
You can’t just link to anything though, you need to sign up to that specific product affiliate advertising scheme or you can sign up to a specialised provider who will automate the service.
Text-Link-Ads are quite good as it offers a non-intrusive way to monetize your blog that won’t put off your readers.
4. In-text Ads
Very similar to the above text link ads,
‘In-text ads’ are adverts that are placed inside your text content such
as articles or blog posts. You can sign up to an In-text advertising
provider that will place sponsored links within your text.
These are
double underlined to make them stand out from other links, so that when a
user moves the mouse over one of them a small advertising pop-up will
appear. The user can then decide if they want to click on it, which will
make you a small amount of money.
These types of ads are a bit more obvious
than the previous type, which can put some people off. If used
properly, they can be a good way to monetize your blog.
5. Advertising Widgets
This method is relatively new on the
scene. An increasing amount of people are using widgets on their
websites to generate some money. These widgets are designed so that they
can be easily placed onto a website without any hassle, which display a
mixture of PPC, text link ads and affiliate programs.
6. Advertising Space
You can monetize your blog by selling
space on your website for advertisers to display a banner. This can be a
very lucrative method as it allows you to cut out the middleman and
charge what you want for other people to advertise on your site.
Generally these deals are worked out so
that you display an ad for a fixed amount of time for an agreed fee with
the advertiser. The downside of this method is that you need to commit
time to manage the whole process with the advertiser and that your site
needs to have a lot of traffic to be considered by advertisers.
As you can see, I offer advertising space
on my website in numerous different forms of banner ads that appear on
all of my pages.
7. RSS Adverts
If you have an RSS feed (which you
should!) then you can follow in the footsteps of millions of other
website owners and start placing ads on it.
Many RSS feed generators now offer this
service, so that it is even easier to implement them. Some offer CPM or
PPC advertising, however you could opt to do it yourself and offer to
sell sponsored messages or banners directly on your feed.
You can find adverts for your RSS feed on BidVertiser that you can implement to monetize your feed, though Google FeedBurner lets you do this as well.
8. Audio Advertising
What you may not have even
considered, Pay per Play (PPP) are audio adverts that are played every
time someone visits your website. The ads usually only last a few
seconds, with the viewer unable to stop it. It creates 100%
conversion rate with unique visitors, so you get paid about $5 per
visit, however this method is very intrusive and may turn off your
visitors, making them less likely to make a return visit.
Another form of audio advertising that
you can use is ‘Podcast ads’. If you run a podcast on your website,
perhaps a weekly update letting your listeners know everything that is
new on your website, then you could choose to include advertising.
I know that this type is less intrusive than the former because your
podcast would just seem like a short radio show with commercial breaks.
As long as you don’t go overboard with the amount of adverts, then this
may be a method that could use to monetize your blog.
9. Pop-ups/Lightboxes
No doubt that you have heard of these!
Pop-ups are very common online, but they are also very annoying. Many
people hate pop-ups and have pop-up blockers installed to stop them.
However, if executed in the right way, they can work.
Having a single
pop-up on your website that only appears to new visitors may work. They
grab the attention of the visitor on their first visit and after that
they won’t be bothered again by them.
Pop-ups don’t necessarily need to sell
products directly. You can use them indirectly to promote aspects of
your website, for example PopUp Domination can be used to encourage people to sign up to your email list of tutorial course, or alternatively you can create a lightbox with AWeber.
Pop-ups can work if you make them less
annoying to people. The more frequently they appear, the less traffic
you will get coming back!
10. Affiliate Marketing
If done right this,
method is a great way to monetize your blog. Many of the previous
methods can be used as affiliate marketing methods, but often a review
of a product can work just as well.
For example, if you have a gardening
website you could research affiliate programs that contain products
related to gardening. Perhaps someone wants people to advertise their
new lawnmower product, you could write a blog entry ‘What’s the best
lawnmower for my garden?’ and at the end you could promote the affiliate
product.
With this type of advertising, you can
get a commission with every sale that resulted from your recommendation.
You refer viewers from your site via recommendations, banner ads, text
link ads, etc., which takes them to the product page.
If they buy, then
you get a commission. This is often worked out on a percentage of the
sale price, maybe 10-20%, sometimes more (I’ve seen products offer 75%
commission) depending on the individual product.
Check out these great websites that have links to loads of affiliates:
11. Write an Ebook
Everybody seems to be writing an eBook
these days, so why don’t you give it a try. These have become very
popular in the last few years with the introduction of commercial
eReaders such as the Apple iPad and Amazon Kindle.
You could write an eBook about almost
anything. Maybe you are good at DIY, you could write a book about
renovating your house that people might find useful. You can then sell
it through the Apple iStore or on Amazon.
You can sell it directly on your website
as well! This way you get 100% of the sale price and you get traffic to
your website. Selling your own eBook can be an excellent way
to monetize your blog!
Learn How To Sell An eBook On Amazon
Learn How To Make Money With Your Own eBook.
12. Write a Hardback Book
This could be a continuation from writing
an eBook. If you are a good writer you could publish your book in
Hardback or paperback form. You could sell this on your website and send
a copy to buyers.
This method is usually only successful
for authors that have an existing following. An author may have a
successful book that they then build a website around to promote it to a
global audience. It can work the other way however. Many people have
built a successful blog first and then written a book that has sold
well.
If you are a good writer then this could
be a good option for you. You can then find a self publishing site, just like iUniverse which allows you to publish your very own book.
13. Writing Tutorials & Guides
The internet is a great place to find
information. Everyone searches for tutorials detailing how to do
something. You are reading a guide yourself on ’30 ways your website can
earn you money’ right now!
I know little about cars, so I
would find tutorials and guides useful explaining technical things that
I don’t know. For example, a guide listing ‘Help on buying a new car’
or ‘How to service your own car’ would be very useful.
Everybody knows something that they could
teach to another, so why not write about it and publish it on your own
website. If its a particularly popular niche that you are writing about,
then you could attract a lot of traffic!
Check out some brilliant ways to create content for your website:
- 10 Steps to Write Amazing Content!
- 20 Pages Every Blog Should Include
- How To Use Images In Your Blog Posts!
- How To Write Great Headlines
14. Host A Webinar
Webinar’s are basically a live workshop
online. People go on to Webinar’s to hear you talk about your specialist
subject. This is great for people that live over-seas that can’t get to
one of your workshops.
You can make money from Webinar’s by charging
an individual for a virtual seat on your presentation. They pay to
watch you perform your presentation online and they can interact during
the process.
Webinar’s can incorporate power point
presentations, web-cams, photos, microphones, polls, etc., making them
fully interactive with your audience. At times questions are usually left till
the end of the Webinar, where each viewer has the opportunity to ask any
questions that they want to you.
You don’t have to charge your audience
anything to view a Webinar that you are conducting. You could just use
it as a marketing tool promoting your website, but the majority of
people often host an initial
Webinar is for free and then charge people for
the subsequent ones.
InstantPresenter is a great site that you can use to do this.
15. Find Sponsors For An Event
If your website involves organising
events, such as a workshop, or a weekly podcast, etc.,
you could find companies to sponsor them. Then at the beginning and at
the end you would have to promote the sponsor.
We see this type of advertising a lot on TV and in Sport. Many TV shows are sponsored to generate income.
The advantage of this method is that it
gives website owners more options to monetize each aspect of their site.
Advertisers are attracted to sponsorship deals on high traffic websites
as it allows them to reach a targeted audience.
16. Selling Service
This is often the reason why many people
start a website in the first place. You might have a profession in the
real world, such as a stock trader, architect, life coach, etc. You
could build a website advertising your services to increase your client
numbers.
Visitors can pay for your professional services through your
website and receive your help, as in the previous example this could
mean full financial planning and strategies on stock trading.
Obviously, with this method you only get paid when you are working.
A great way to find clients is to have your own ‘Hire Me’ page on your website. That way, people can see that they can hire you to help them out.
17. Private Forums
Similar to a paid membership, private
forums can be created to cater to your audience. Members can pay an
annual/monthly fee to access the forum and interact with the other
members.
There are many free forums out there, so
to charge members a fee to access your forum you need to provide
excellent, individual content that isn’t available elsewhere.
One example could be a networking forum
where people can interact within a professional environment. A forum
focusing on academic scientific research could attract scientists from
around the world to collaborate with one another.
18. Email Marketing
Email marketing can generate you lots of
money. The key is to build a large email list of your
customers/visitors.
When people register to become a member, you get
their email address. When people sign up to your weekly newsletter, you
get their email address. The more ways there are to get someone’s email
address the better.
With an email list, you can build a
brand, recommend products, promote any events/workshops that you may be
holding and more importantly to can encourage people to keep returning
to your website.
Email marketing isn’t a direct way of
making money, but it is a powerful way of increasing your income from
your other methods by driving traffic back to your site. Just don’t go
overboard with emails so that they are viewed as spam! Nobody likes
spam!
You can check out list of software to help manage your email newsletters:
- AWeber
- PopUp Domination
19. Surveys & Polls
You can place surveys and polls from
certain companies on your website that will pay you for the privilege.
You can sign up to these sites and choose a particular survey/poll that
will fit in with the content on your website.
Visitors of your site can
participate in voting, whilst you get paid for displaying it. Most of
these polls operate on a Cost per Mile basis.
20. Paid Directory Listings
This method is an alternate way of
selling advertising. Unlike displaying adverts on a page, you allocate
space on your website to list links to different companies and services
that are related to your niche.
For example, a blog about graphic design
could have a separate page that displays links to professional graphic
design companies and freelance graphic designers.
You can charge for the privilege to
display these links on your website. You can guarantee that the links
will be seen by Y amount of people per month and you can charge a
monthly fee. If you had a list consisting of 500 people and charged them
$5 a month, you would make $2500 per month!
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