10 Tips For Turning Your Website Into A Money-Making Machine
It’s not difficult to make money online in this day and age.
Websites are the goldmines of the present. A site or blog with high traffic volume, interesting, useful content, can be your gateway to earning your living through the power of online. Imagine, you can work from the comfort of your home, balancing your work hours as required. Through sharing your ideas and experience, you can turn your website into a money-making machine. But how exactly do you do this? Here are our top tips on how to monetize your website:
- Take Advantage Of Email
Building your email list is one of the most important things you can do when running a blog or website. These subscribers are your interested followers who wish to be updated with the latest news, offers and prizes. They want to hear from you so they already are clear targeted customers who become repeat business. These are your go-to people when launching a new product, publishing a new exciting post or informing them of any current offers.
- Sell Advertising Space
There are two ways to sell advertising space on your website. Number one, directly lease with brands and sell them the space yourself. This means more work on your part, researching the right brands for your website, contacting them and building a good working relation. This can often lead to lasting business relationships.
The other option is to use a middle man, such as Google AdSense, media.net or InfoLinks . Your income will probably be lower than selling the advertising space directly, however it can take away a lot of the hassle. As you get a percentage of the revenue made per click, be sure to negotiate the best possible deal.
- Start A Blog
If your website offers a service, such as graphic design, the best way to get traffic to your site is by adding a blog page. Here you can write interesting posts on graphic design and give tips and tricks on how to do things when there is no time to hire a professional. You can give away quite a bit of information without jeopardising your services.
- Become An Affiliate
Becoming an affiliate is a great way to earn money from your website. If you partner up with the right brands that are relevant and of interest to your readers, it can be a profitable venture. You can promote your affiliations by reviewing their products in your blog posts and placing a linked banner on your website. Going back to the graphic design example, a good design book or modern art galleries could be great affiliates.
- Offer A Membership
You could also create a ‘Members Only’ part of your website or blog. You could offer a certain amount of information for free. If the viewer is interested in learning more, they will need to sign up for membership, which can be chargeable. Once they become a member, your viewer can access premium content regularly.
- Create A Product And Sell It
The digital age has another benefit: you no longer need to create things on paper: a digital file is all you need. And this can be easily downloaded from your website for a small fee. For example, the graphic design website could produce a calendar with interesting facts and dates relating to the art world. You could sell this as a downloadable pdf file in return for an appropriate fee.
- Sell Live Workshops
You could also create some live workshops at a local facility to do something that is not possible to put into a digital format. You could do pottery workshops, furniture creation or painting, relating back to the design element. You can sell these workshops on your website.
- Sponsored Paid Posts
If there is a brand you feel your viewers would love to know more about and it enhances your own content, why not feature a sponsored post on you blog? The brand will pay you to publish it, and they would be glad of any links back to their site. Just be aware that there is a fine line between a paid backlink and a paid post. If the link is random and doesn’t fit in your content naturally, Google might flag it and penalize your rankings.
- Sell Your Site
The ultimate way to monetise your website or blog is to straight up sell it! If you have a good amount of monthly traffic and your idea is a bit quirky or very original, someone might pay you a lot of money to take over your site.
- Social Explosion
An indirect way to monetise your site is to use the power of social media. Once your website traffic is high and you have good followers on your social accounts, often other brands wish to advertise via social. You could always link that back to your website, perhaps featuring the brand in a post.