When it comes to finding ways of making money through your website or blog, there are a variety of different techniques to use and to always be test running them.
However, there are a lot more than two ways to make money online.
It can take a while to work out how to make money from a website. If something doesn’t work, try something else.
Don’t give up!.
The ultimate reason people fail with blogging isn’t because their idea or website is bad but because they don’t give up.
Here Are 8 Ways To Monetize Your website:
This is one of the powerful ways of making money online.
Building an email list can make you a lot of money, help you build a solid brand and of course help readers come back to your site, regularly.
Email marketing can be seen to make you money in a few different ways,
Such as, To deliver free reports that are monetized and my favorite,direct email promotions ,To drive traffic back to your site where you make money from other methods.
Gone are the days of finding it hard to get people to subscribe to your website.
At the start, some big names in the industry spoke out, saying they didn’t like them and wouldn’t use them.
That didn’t last long, once they saw how well they worked. Now it seems like every site uses popups and despite that fact, they still perform so well!
Love it or hate it but a big reason for the success of popup opt-ins is down to this site you are on right now.
Another list building technique you should be trying, is a squeeze page.
A squeeze page is a dedicated page on your site to getting a visitor to sign up for your mailing list.
You can see an example of a page like this by checking out our squeeze page for our Traffic Domination report! If you want to create amazing high converting squeeze pages (+ a lot more), check out Optimizepress.
Here is an example of a squeeze page:
In order to start collecting emails, you need to sign up for Aweber, which hosts your emails, which you use to send messages, create follow up campaigns, split test
Personally I would definitely recommend getting some popup software.
We currently use OptiMonk which looks like the best option on the market.
You could also use PopUp Domination, which is a lower price option.
Remember: 63.9% of our email subscribers come from our popup.
Benefits: Very direct way to market.
One email can make you thousands.
Anyone can do it.
Considered by most to be the no1 way to make money online consistently.
Can work on autopilot, if you set up an autoresponder series.
Disadvantages: If subscribers don’t like your emails, they will unsubscribe.
Fortunately nearly all products that exist, have an affiliate program. If you can’t find an affiliate program for a particular product, type product name + affiliate into Google.
For example: PopUp Domination Affiliate. This should bring up their affiliate page, if they have an affiliate program.
In my experience, affiliate marketing works best when paired up with email marketing.
Top marketers consistently agree, year after year, that email marketing is their most important income source. Combine that with affiliate marketing and you have a winner.
There are so many ways to go about finding a product to promote, it often depends on your industry.
For a fitness blog, you could go to Clickbank, find a product about six pack abs and grab an advertising banner from their resources area and put it up on my website.
You could also do a blog post such as, Ways To Get Six Pack Abs, then at the end, promote the product.
One of the best tips I can give you for maximizing affiliate sales, is to make sure that the products you are promoting, are as targeted as possible to your content.
Most websites have advertising space, it could be on the sidebar, above or below blog posts. The mistake most website owners make is, always showing the same advert, on all pages.
For example, any blog post with the tag make money online, will show an advert about making money online and any post with the tag drive traffic, will show an advert about the best ways to drive traffic to your site.
This kind of targeting will significantly boost your conversions.
Benefits: Can earn you big bucks!
Easy to set up and doesn’t require much support.
Disadvantages: Earnings are not guaranteed, can earn $100 one month, $1000 the next.
Great products can have low converting sales pages.
High converting sales pages can have rubbish products.
The simple version of creating a product is as follows: create a 30+ page word document about something, turn it into a PDF and sell it.
You can find out more about creating a product and selling it online by reading these posts.
Personally I think your first steps would be to ask your audience what they want to know more about, create a product around that and sell it!
When it comes to selling any product of your own, I recommend using SamCart for your checkout page, upsells and affiliate program. They have a free trial, so make sure to try it out.
Benefits: Affiliates send you traffic, build your business.
Passive income because of affiliates promoting it.
Great for building your brand and authority.
Big Money Earner.
Disadvantages: Time consuming to set up.
The most popular way to make money from a website is by placing ads on it. We all know what ads look like, but did you know that they function in many different ways such as Pay Per Click, Pay Per 1000 Views or Pay Per Time Frame.
The biggest downside of website advertising, is that most people know what they look like and avoid clicking them.
When selling adverts, you typically have two choices:
It all depends on you. Is this a business for you or is this just an opportunity to make a bit more money?
Advertising sales makes up only a small portion of my earnings but it’s nice to know that money is almost guaranteed to come in every month.
Be warned, Google does not like the practice of buying and selling text links.
People buy text links because Google rank sites better based on quantity and quality of links.
When you link to someone, you are telling search engines that you trust this site and you are giving them some of your authority.
Google likes this to happen organically. So when you buy/sell links and get caught, Google will punish you by slapping your site down in the rankings.
Benefits: Often guaranteed income.
Little effort to monetize.
Saves you a lot of time.
Great way to connect with others in your industry.
Disadvantages: Takes away from user experience.
If you set a set price per month, you can’t make any more even if you double your traffic.
Advertisers come and go, you have to spend time editing, adding, deleting and finding more advertisers.
I know quite a few people who review products on their blogs, it makes great content and if the product you are reviewing has an affiliate program, can make you a lot of money.
You can review anything from software, to bikes, cars, hotels, holidays, food, anything you could think of and it’s all tax deductible (I believe) if you buy something to review.
Check this post out about How To Start a Review Blog.
You will get the little idea of what am taking about right now.
Benefits: Great source of income.
Converts higher then banner ads and email promotions.
Free products sent to you to review.
Connect with industry leaders.
Get noticed as a top affiliate.
Disadvantage: You can’t always say nice things.
If you say bad things, don’t expect to work with that person.
Products become irrelevant quickly in some industries.
Webinars are great at selling high price products, either as the product owner or as an affiliate.
Alternatively, you could set up a free webinar that you replay once a week, teach something and then at the end you sell them into 4 more webinars.
Once you complete the webinar series, you now have a product that you can sell as a home study course
Benefits: High priced, low amount of customers, so low support.
Readers want to connect with you.
Highly beneficial to those who buy.
Great way to teach.
Disadvantages: If you’re doing live webinars, you’re exchanging time
Investment for software.
People have to turn up at a specific time, hard for different time zones.
Content is what everyone is after, that’s why they come to your website, so create content which includes them buying something so that when they do buy, they buy via an affiliate link, and make you money!
What I do to create a tutorial, is I start with the product, find one that you are using and you get a lot out of it, of course you need to have an affiliate program. Then do a tutorial about doing something using that tool.
Benefits: Makes great content.
Good for search engines.
Profitable long term.
Quick to produce.
Disadvantages: Finding enough products that have affiliate programs.
Some people may not be interested because they don’t yet have the product.
Selling Your Website can make you very wealthy, or it could be just a nice retirement fund.
Whatever it is, it can be a great way to get a large lump sum of cash.
Typically, websites sell for 12 – 24 months revenue, however if your site is old, has something unique about it or is the authority in your industry then you can expect any figure you want.
I have seen some blogs go for over 200 years revenue and it didn’t even make $100,000 a year.
Work hard and it will pay off.
It is important to remember if you sold your site for 2 years revenue and it made $5000 a month, you would get $120,000. To earn that amount of money it could take you 6 or 7 years because of expenses and taxes.
You also have to factor in how long it took you to build your business. If it took you two years and you sell for $120,000 – then it would be like earning an extra $60,000 a year.
If you are already at the stage where selling your website is an option, read this post on selling your website.
Benefits: Large amount of cash.
Can be sold within a month.
Enough money not to have to work for years.
Disadvantages: You lose an asset.
You lose an income stream.
That’s it, some ways you can actually make money online, so what you are waiting for, sign up and get started.
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