The art of making money from your website has now come to stay, and it is doable by anyone who puts in the time and skill and in this article I will show you the 33 ways you can monetize your website this week as soon as possible.
In this post, I will show you the 33 ways to monetize your website for profits even though you are starting from scratch.
As a matter of fact, you can turn a part-time, hobby blog or website into an income-generating asset with a bit of hard work and some little learnable skills.
Many people have earned and are still earning so much income online. Check my other post on bloggers' income report and see for yourself how much ordinary mortals like you are making online. Why can't you?
Even though online income generation does not bring overnight success, it is still worth it in the long haul.
You might not be able to replace your day job too quickly, but if you keep to it, you will finally land success and ultimately replace that unpredictable 9 to 5 work environment that gradually and painfully sucks life out of most people.
Most of the 33 ways to monetize your website listed below are what you can do part-time, thereby building your passive income a dollar at time, until it grows into a 10k per month income source for you.
However, keep in mind that some of the strategies I have listed for you actually require a good deal of on-going work.
So, if you have a job and cannot do it full time, start with the 10 easy and passive ones that I have listed first below, and gradually over time, navigate to the more hectic ones.
So lets get started…
So let’s start with out of the 33 ways to monetize your website. I have group the monetization ways into two, and the first ten comes first.
Quick hint: If you wish to create a website and you do not have the tech skills to create the website you need, you can chat me up to help you install your website or with some tech stuff, but only if you have used my affiliate link to purchase your hosting.
And as a bonus for visiting my site, I am offering FREE WordPress installation and theme installation for my visitors, if you register with BlueHost for your website hosting through my affiliate link.
You can register your website domain and hosting using Bluehost. Send me your registration details afterward via email on letmeknow(at)cscountrylife.com with the subject: Bluehost registration info.
You and I will go from there. However, if you wish to install WordPress and theme by yourself, I have a tutorial I have provided to guide you on How to install WordPress Step by Step.
10 Most Common Ways to Make Money with Your Website
Making money from your website is not too hard and neither too easy. These ten tips below are your best bet to get started immediately.
1. Affiliate Marketing (.. and Affiliate Links)
Affiliate marketing, for a very long time now remains one of the most popular (not to mention quickest) ways to make money from your website or blog till this day.
If you do not know what is affiliate marketing, read my post on affiliate marketing to learn how you can make money with it. I also use this method on this website as you might have noted above.
It works by you starting to search for products or services you have used yourself or know very well about, which you can vouch for, and then recommend it to people on your website or to your email subscribers .
If the product or service resonates with these people, they’ll click on the affiliate link, purchasing the product (while you get a little split of the sale price). This is often at no additional cost to the website visitor.
The company only just compensates the website owner for taking the time to recommend their product or service on their site.
The commission might be anywhere from 30% of the product or service price, up to as high as 70%. For example, if the split is 50% and you promote an e-book that costs $10, you’ll get $5 for simply referring the buyer. Pretty sweet deal, huh?!
Where can I find products to promote?
The are quite a sizeable number of affiliate product vendors or affiliate warehouse around. Three most popular ones are:
- Commission junction – offers reliable and relatable products with on-time payments.
- ShareASale – deal mostly on accessories, clothes, and other offline goods.
- Clickbank – percentage payouts are quite high, but the platform on average lacks reliable products everyone can run with. They are often e-products like ebooks and software. If you want to join the network, click here to sign up with ClickBank.
2. “Pay Per Click” Advertising (Google Adsense)
You might have noticed advertisements on some websites you visit. Most of these adverts are served out by ad companies like Google, Bing, Yahoo, Mediavine etc. They mostly follow the “Pay per Click” model.
The ads served by Google for advertisers is called AdWords, and are the advertisements that show up on the top of Google search result pages.
On the other hand, AdSense is the reverse side of AdWords, if I may use that term. Adsense is for Publishers ( such as website owners), where the website owner inputs advert codes that allow adverts to show on their site.
When users click or view those ads, the website owner receives some financial compensations for showing the ads on the website.
So, in summary, Adsense allows publishers like you to tap into Google’s immense advertising network so that other advertisers can run ads on your own website. Check out my post on the step by step process of How to make money with Adsense
The best part about Adsense is how simple it is.
Once you sign up, Google will place a simple code on your website that will identify the content of your site and start displaying relevant advertisements on your website. For example, if your site is about Phones and Laptops, Google AdSense will start showing your visitors ads related to phones, laptops, and other related stuff.
You get paid each time someone clicks on the ad. (Yes, it’s really that easy!)
This allows you to have some cut that might be anywhere from $0.50 to $5 per click. When your site has enough traffic, you can make hundreds (if not thousands of dollars) each month.
How to apply for Google Adsense?
- Click Here to Apply for AdSense – Before applying, make sure you keep up with Google's latest Terms Of Service found here. Google has very strict rules, so it may sometimes be a little hard to get approval and stay approved.
3. Sell Ad Space
The incorporation of Google’s AdSense on your website is just one of the many ways to make money from online advertisements.
Another simple way is to simply sell your own ad space directly to companies looking to sponsor different blogs. You can come up with a price for each space, for example: “Sidebar banner ads will cost may $200 per month”. Some websites that have built great traffic even charge up to $10,000 per month just to keep an ad on their website. So the more traffic you get on your website, the more pricy your ad space becomes.
Depending on how many guests you receive on your website thats how you will paid. It's usually quoted as a dollar sum (or CPM) per one thousand impressions. You could see it as $5 CPM. The ad price converts into $500 bucks if the website gets 100,000 visitors a month.
The positive thing about this technique is that your basic banner ad prices will go up to as much as $5000 a month if your site receives a lot of traffic from various sources! The obvious drawback is that you can't hope to gain much if your site isn't getting a lot of traffic, either.
A simple direct price is the other common technique when selling ad space directly from your website. You simply name a price (based on what you think it's worth, compared to what would be charged by the competition), and at the beginning of each month, you get paid upfront. In general, this price is just a clear flat rate, not related to a cost per click like AdSense.
Are there place where I could market my Ads Marketplace?
- BuySellAds – The most popular environment to let everybody know you’re selling ad space.
4. Sell Your Own Digital Product (Ebook for Example)
You have the potential to make the most money on a per-sale basis when you can sell your own directly.
That’s because there’s no middle-man or person in between you and the buyer that’s taking a ‘cut’ from the money earned.
This approach seems fairly straightforward because you can simply sell these products directly through your website and get paid immediately. Unfortunately, it’s not that simple in reality.
Creating good products that are well made and polished requires a ton of time and additional resources (like design, content, etc.). There’s a lot of ‘hidden costs’ in both time spent and the contractors to collaborate with. Selling your own products on your site also brings up problematic issues like payment gateways, shipping, and taxes.
If it doesn’t sound like enough work already, you’ll also need a well designed, persuasive landing page to make sure your product has a strong conversion rate. A list of best landing page builders can be found here.
5. Accept Donations From Visitors
If you don’t have a ton of monthly visits, but you do have a strong, engaged community? Simply ask your readers to donate!
Accepting one-off donations isn’t a fast road to wealth, but it can help you cover expenses in the short-term if people like what you have to say and want to support your journey.
For example, PayPal offers little donation buttons that only take about ten minutes to add to your website. These buttons offer you a quick way to recoup what you might want to be spending on a good web hosting, new product creation, research, and all of the other costs to maintain a healthy, active blog.h
For example, web.archive.org makes a lot of money from donations (most likely due to their millions of visitors per month).
How to set up donation buttons?
6. Sell Sponsored Posts (…but Use Nofollow Tag)
One of the common ways to make more money from your website means getting those visitor numbers UP.
Once you’ve done the hard work of building steady traffic to your site with an engaged community, there are a few different ways to monetize your hard work.
For example, many companies go out of their way to look for blogs that will feature their sponsored content. ‘Native advertising‘ like this works well because it lines up with your site’s primary content and it comes across as relevant and transparent.
You can also review the products from a company in an ‘advertorial’ that’s part content, part advertisement. For example, if your website is all about the latest iOS games for iPhones and iPads, the creator of one of those ads would LOVE to have you review and feature their app to your fans.
When done right, this can create a win/win scenario. However – done poorly, with irrelevant or inauthentic site content, it can erode all of the reader’s goodwill you’ve worked so hard to create in the first place.
For further reading:
7. Generate ‘Leads’ for Other Companies
Businesses thrive on new leads coming in their doors to inquire about their products or services.
It’s no surprise that they’re always on the lookout, searching for creative ways to find new sources of leads to help them grow.
Let’s say you have a website about teaching math skills. Your reader’s information (like their email address or phone number) would be of great value to different online schools who’re looking to sell their courses to eager, proactive students.
Basically, you’re connecting the dots; playing the matchmaker by introducing two parties who can benefit one another. While it’s similar to how affiliate marketing works, in this case, it doesn’t actually matter if your reader ends up purchasing their product or not. They’re just looking for an introduction at this point.
Where can I find such offers?
Spend any amount of time reading blog growth tips, and you’re sure to come across people saying “the money’s in the list“.
They’re referring to your email list, which comprises your most loyal readers. The objective is to convert as many strangers who visit your site for the first time into passionate followers who want to stay up-to-date on your latest work or content. There are a number of email software available. You can check my list of the best email software in this article. But the ones I personally recommend for beginners and intermediate users are Getresponse email software or Aweber email Software.
Admittedly this is a long-term strategy (and you definitely won’t get rich overnight). But it’s one of the best, long-term methods to profitably growing your blog into a full-fledged, money-making enterprise.
Never lose sight of creating relationships with your followers. Offering great information or free help is a perfect way to start. However, spamming people with unsolicited offers is one of the fastest ways to abuse the reader’s trust and sabotage your long-term goals.
How does it EXACTLY work?
- Listbuilding 101 – Probably the best introduction on the internet.
9. Set Up an eCommerce Site (Hard Work Is Required)
Websites don’t just have to be about content. They can be centered around tools or products on an online store.
There are literally hundreds of thousands of eCommerce websites or online stores. Make sure that yours is filling a unique niche, with a detailed strategy and the latest marketing techniques to stand out from the crowd.
How do I create a successful online store/shop?
10. Flip Your Websites (Create -> Sell -> Reinvest)
Believe it or not, there’s almost always a market out there for your website.
That means if you’ve built up a following (or possibly even sold a few products or included advertising on your site), you might be able to sell it to someone else and make a quick buck.
To be honest, we typically don’t suggest people plan on flipping their website or blog (we’re a bigger fan of creating something for the long term).
You can’t deny how lucrative it can be. For example, if your website is making $500 per/month through selling ad space, you might be able to sell the site for $5,000 – $10,000 (which is about 12x – 22x monthly income).
Another interesting option is to sell ready-made sites, These are MUCH cheaper, but there’s still some money to be made.
Where can I sell my site?
- Flippa – The most popular website market.
- We Buy Websites – Another popular marketplace.
- FEinternational – Mostly for high-end websites.
By now we have counted down some of the most popular ways to earn money from your website.
Yet, we’re still only just scratching the surface.
Below are another 23 ways to make money with your website.
(Keep in mind that some of them are slightly connected with the ones above yet they are little ‘out of the box’.)
Another 23 Ways to Monetize Your Website
11. Sell text-link ads (NOT RECOMMENDED) – There’s still a demand for text-links ads (believe it or not). But please keep in mind that these violate Google’s Terms of Service (which means you run the risk of getting penalized).
To avoid it, simply keep the ‘nofollow‘.
12. Set up “infolinks” – Infolinks are a great alternative to AdSense advertisements, that are very easy to setup. The downside is that they aren’t high in converting, and the payouts (on a per-click basis) are also quite small.
13. Use monetization widgets – These are also very similar to Google Adsense, so they’re worth trying out as an alternative.
14. Set up RSS feed ads. – Exactly what they sound like. Ad space for sale in-line with content from an RSS feed.
15. Give away premium content for extra $$$ – If you are producing mind-blowing, awesome content that visitors can’t get enough of… you can always try asking them to pay for some of it! (Crazy concept, huh?!) I’m personally fine with paying for premium content. Bear in mind – don’t ask people to pay right away. Instead, stay focused on growing an audience and visitors first.
16. Start a private forum or coaching class(es) – Most of us have unique skills that others can benefit from. Setting up a simple forum or classes is an easy way to help others and generate recurring income at the same time.
17. Create a job board – Setting up a job board on your website is another simple, easy way to collect additional money when people are accepting different job offers from various companies or individuals.
18. Offer consulting – Offering consulting gigs and providing services can help you bring in decent sums of money while other forms of ‘passive’ revenue take a little time to build up. You can offer these services via email, forum or even Skype.
19. Add the “hire me” page on your website – Your new website or blog is also a perfect place to feature your freelancing services. Showcasing samples or evidence of past work will help greatly increase your chances of getting hired.
20. Sell or rent internal pages – These aren’t very common, but you might be surprised at what people would be willing to rent or spend money on!
21. Display pop-ups advertisements – Pop-ups can be extremely annoying. However, they’re also another easy way to make some quick money.
22. Use content lockers – ‘Content locking’ is similar to hiding or protecting pieces of content until a visitor takes some action to redeem it. For example, maybe you want them to pay a small amount, or perhaps click on an advertisement.
23. Display audio ads – These are relatively new and are becoming increasingly more common. Personally, I haven’t tried it. But I have read some articles and it definitely looks promising.
24. Sell an e-book – This one is a no-brainer. Many people sell e-books through their site. Some examples: If you have a website about recipes and cooking, you can easily create and sell your own recipe book. The same applies to almost every niche.
25. Create a conference around your website – Lots of work but a huge potential payoff as well.
26. Set up a teaching program – Kinda like a cross between selling your own content and offering consulting or services.
27. Host paid webinars – Similar to the last tip, which is largely a mix of consulting through content and a teaching program.
28. Create a membership site – Yet another tier on the ‘info-business’ model that has the added benefit of bringing in recurring revenue.
29. Offer coupons (with affiliate links) – People are eagerly looking for discount & promo codes for everything from clothes to travel vacations. If you can (find and) offer a valid one, you can also get a cut of that revenue too.
30. Host polls on your website – Hard to believe, but easy to do!
31. Offer writing gigs – You can easily make $20 – $30 per 500-word article writing for other companies or individuals. There’s also a huge potential for fluent speakers of different languages, as many companies want their websites translated by those who speak the native language.
32. Create a paid directory/business page – You charge people for listing or subscribing to the page.
33. Just copy what others are doing – Our personal favorite! 😉
This is the list of the 33 ways to monetize your website. Let me know if there other options left how how to monetize your website.
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