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How to Monetize Your Website and Get $1000 Effortlessly?

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Whether you’ve started a blog for your own pleasure or you’ve intentionally built a website to generate revenue, a time will come when you’re looking for ways to monetize your website to its full potential. There are many different ways in which a website can be monetized, but they will all yield different returns. As a website owner, it is your goal to make every visitor get as much money as possible.

In some form or other, your website is a business. You invest your time in a product or service and you should be able to get something out of it (if that’s your goal).

In some form or other, your website is a business. You invest your time in a product or service and you should be able to get something out of it (if that’s your goal).

Now, don’t mistake this as some malevolent scheme to brainwash your visitors to open their wallets and hand over their hard-earned cash to you. In fact, if you get greedy, you’re not going to have much luck.

Before we get started, there are some basic rules to follow.

Rule #1: Focus on “Win-Win” Monetization

True trade is mutually beneficial and facilitating win-win interactions is your job.
If you think of your own daily shopping, you will realize that most of them serve your own needs. You may also realize that other people often influence your buying decisions. For example, after you express your passion for leafy greens, someone at the grocery store may recommend some salad dressing. You can use websites to imitate the same process.

Make sure you’re always focused on adding value.

Probably the rest of them could sum up this rule alone, but there are a few other things to be aware of.

Rule #2: Don’t be Disruptive

Have you ever visited a news website where you are forced to register to read the second half of an article? You may have been to a site with so many ads you don’t know where the content is?

I haven’t researched how well these strategies are converting, but if they leave your visitors in their mouth with a sour taste, you’re doing something wrong. You need to be more subtle as a diligent marketer.

Why do you think native advertising has grown so rapidly over the past few years (such as Facebook Ads)? It is a form of promotion that fits into the online experience of a user naturally.

Rule #3: Build Trust and Stay True to Your Brand

Being genuine builds confidence and sells confidence. In addition, trust is an investment that will yield dividends over the coming years.

Every time you try to influence buying behavior, you need to have confidence. You need to give a reason for listening to your visitors. If your audience trusts you, until that trust is broken, you can continue to influence their purchasing decisions.

Never promote anything not aligned with your brand. For a short-term gain, you will compromise long-term profitability. Building confidence takes a long time and can be destroyed in seconds.

Rule #4: DO Your Due Diligence

Make sure you’ve always done your research on what you’re promoting.

Make sure you’ve tried it if you’re promoting a product. If you’re promoting a CPA offer, make sure you’ve done the company’s research.

You become that company’s face when you promote another product / service / offer. The last thing you want to do is turn something negative into the face.

Rule #5: Test, Test and Then Test

Do not hypothesize which method of monetization will work best for you. Test it all.

Your golden metric is “revenue per visitor.” This tells you how valuable each visitor is and will help you to compare the effectiveness of each method of monetization you try.

Ways to Monetize a Website

Now it’s time to get to the good stuff. Let’s start monetizing.

If you run an e-commerce website, of course, your method of monetization is integrated into your business model. The following methods of monetization are intended for creators of content, bloggers, marketers, etc.

1. The Easy Route: Banner Ads

One of the easiest ways to start monetizing your web traffic is to add banner ads to your site. The process is as simple as adding a couple of code snippets. Whenever a visitor clicks on one of the ads, you get paid. The most popular (and easiest to use) option is AdSense.

Media.net can be useful as well. Keep it simple – stick with one of these two options. Keep it simple–stick to one of these two options. I said banner ads are one of the easiest ways to monetize a website. In many cases, they are also one of the least profitable methods. This is not to say that with banner advertising you can’t make good money. I had a few blogs that made money from banner ads alone. That said, banner ads are more of a point of departure.

As your website begins to grow, you may want to explore other ways to make money.

2. Selling Ad Space

Programs such as AdSense are great because they almost do not require manual work. You also have the option to sell advertising space at a fixed monthly rate directly to niche-relevant companies. For example, let’s say you’re running a pet food blog and you’ve had AdSense running for a couple of months. You know an ad space’s CTR is about 0.5% and generates about 500 clicks a month. You get $0.50/click from AdSense, meaning that ad space generates $250 each month.

Assume a premium dog food company has a website that converts 10 percent of visitors with an average sale of $50 (meaning each visitor is worth $5 for them). For this company, your 500 clicks are worth $2500, so they might be willing to pay $500-$1000 for the same spot.

If you want to sell ad space, you have a few options:

  • Contact businesses directly and make a strong pitch
  • Submit your site to advertising networks (like BuySellAds)
  • Advertise your ad spaces as being for sale

3. Affiliate Marketing

Affiliate marketing can be one of the most natural methods of monetization when done properly. Think about all the buying behavior that you have already influenced. Most of us recommended our friends products, services, or restaurants. What if for those recommendations we could get paid? With affiliate marketing, we can.

Affiliate marketing, also referred to as referral marketing, is a marketing method where you get paid a commission to refer buyers to another site. Let’s say you’re writing an article about the best teeth whitening products, for example, and you’re linking to an Amazon product. Every time one of your visitors clicked on that link and purchased the product, you would get paid a commission.

Commission rates will vary by industry and affiliate program so you will want to do some research before choosing a good affiliate offer. Here are a few things you will want to consider:

What is the commission rate?

Will you get paid 10% of every sale or 20% of every sale?

What is the referral window?

To track referrals, affiliate software uses cookies. After a certain period of time these cookies expire. Amazon’s affiliate program, for example, has a 24-hour referral window, while many other programs will have 30-60 + day windows.

What is the price of the product or service?

If you’re referring people to a $5 product and making a commission of 10 percent, you’re not making a lot of money on every sale. Contrary to that, if you refer people to a $100 product with a commission of 20 percent, every sale you make $20. Either way the effort on your behalf is likely to be about the same, so focus on higher paying offers.

Does the First or Last Affiliate Get the Commission?

Some affiliate programs will give the commission to the first person who refers a customer while others will give it to the last referrer.

How reliable is the company?

Only work with reliable companies or affiliate networks – you have a lot of options.

Is the landing page and/or product well optimized?

Once you begin to refer people, you want to make sure that the company to which you refer people does a good job of converting traffic. Make sure they have a good product and a good website. Do your research and find some possibilities. This may seem like the easy part, but it will have a major impact on your promotion’s success. There are websites called “Affiliate Networks” that aggregate offers from many businesses. You can browse offers, get program details, and even get campaign performance information.

Here are a few popular affiliate networks:

  • Amazon Affiliates
  • Commission Junction
  • Clickbank
  • ShareaSale
  • Ebay
  • Flexoffers

Many companies will have an affiliate program hosted on their own websites. You can usually find these programs by going to the footer of the company website or searching “[COMPANY NAME] affiliate” on Google.

4. CPA Offers

CPA (cost per action) offers are similar to affiliate marketing but you are paid when a user takes a specific action.

Here are a few examples:

  • A user submits their email
  • A user signs up for a free trial of a subscription service
  • A user gets a free credit score check
  • A user installs an app

The advantage of these offers is you don’t have to get your visitors to open their wallets. Usually the payout is much lower, but in many cases the conversion rate may be higher.

With CPA offers you have to be careful as a lot of them are spam offers. You’ve probably seen offers such as “Enter to Win a Free iPad” or “Enter to Win Free Burger King for a Year.”

Be extra cautious and do your research if you’re going to promote CPA offers. I was lucky enough to find CPA networks focusing on a particular niche (i.e. coupons).

Popular CPA Networks Include:

  • MaxBounty
  • PeerFly
  • MundoMedia
  • AdscendMedia

Make sure to look at the offers before signing up for a network because there is a lot of junk out there. You can use sites like OfferVault to browse offers from different networks.

You should also do a Google search for CPA programs within your niche.

5. Create Your Own Physical Product

It can be difficult to create your own physical products and for each site physical products are not a good match. You should keep clear of physical products if you run a website for financial tips. Contrary to this, you may be able to create a supplement or workout gear if you run a fitness site.

Only if you are confident that this is a good match for your audience should you create your own physical product. It is time-consuming and expensive to create, source, store and ship a physical product.

In my opinion, when they are in the nutrition, beauty, or apparel industries, physical products are easier to manage.

In the digital age, creating physical products is much easier. There are many companies that will be able to add their own branding to white label products. Similarly, from a website like AliExpress you could buy products in bulk and add your own branding.

You can use e-commerce platforms such as WooCommerce and Shopify to manage sales and use services such as Amazon FBA to manage your product’s storage and shipping.

You can build a hands-off process but it will take time.

6. Create Your Own Digital Products

Digital products can be nice and easier to create alternatives to physical products. On sites such as UpWork and Freelancer, you can choose to create the digital products yourself or outsource them to freelancers.

When your visitors are thirsty for knowledge, digital products work best. As a premium extension to the free content you already provide, a digital product should serve. For example, you can provide tips in your blog posts if you run a blog about real estate investment and offer a premium course for an additional fee. If you run a health tips blog, you can offer an additional fee for a 7-week meal plan.

The best part of digital products is that you have a 100% gross profit margin once you break even on your initial investment and the entire process of fulfillment is automated. You can use e-commerce platforms like WooCommerce and Shopify to manage sales just like with physical products, and you don’t even have to worry about shipping.

7. Create a Membership Site

A membership site is a website (or part of a website) where, in exchange for a monthly subscription fee, visitors can access exclusive content. There are plenty of pre-constructed software options to quickly set up a membership site. I recommend that you use WordPress to find a plugin that meets your needs.

Remember when I mentioned that when your visitors are thirsty for knowledge, digital products are best? When your visitors have a thirst for knowledge that can not be satiated with a single product, a membership site is a great fit.

For instance, if someone is interested in how to build birdhouses, the trick should be done by a single digital product. They may want new information every month if someone is interested in living a healthy lifestyle. A site for membership may include weekly workout plans, meal plans, progress trackers, etc.

Building and managing a membership site takes more time, but the returns are worth it. While a digital product provides a one-off payment, membership sites help you generate recurrent revenue.

If you are considering building a site for membership, make sure that what you are offering is valuable and priced accordingly.

8. Become An Influencer

Becoming an influencer doesn’t happen overnight, but it is a great way to become a powerful force in the online world.

There are influencers in all areas of the Internet. Social media sites, forums, publications, etc. are influenced. Just what it sounds like is an influencer: someone who influences.

Companies have started putting much more of their marketing budgets into marketing influencer. Why? Because it’s working. One of the most trusted forms of marketing communication are influencer recommendations. Think of it. You could see 100 ads for a product and not buy it, but your wallet is already out if your celebrity idol endorses it.

One of the advantages of being an influencer is that a more flexible pricing model can be used. Most of the methods of monetization we have discussed so far are pay-for-performance, which means you are paid per action (sale, lead, click, etc.). You can be paid a flat fee for simply promoting as an influencer. This promotion can take the form of shouting outs, posts on social media, blog posts, etc. For a single social media post, many influencers get paid $100 or $1000 dollars.

So, how do you become an influencer?

I don’t want to stray too far from the main point of this post, but there is one reason why I included this monetization method on the list.

It’s about making a conscious effort to build your personal brand to become an influencer. Between an influencer and a company there is a fine line.

Marketing land, for example, is a business. They don’t have a real face and I’m going to assume it’s a promotion if they recommend a product. Neil Patel is an influence on the other side of the spectrum. It seems genuine if he makes a recommendation because he has built confidence with his audience. In reality, both companies are different, but they are different perceptions. Both of them have writers, both have staff, and both of them try to generate income. That said, as he built his brand as an influencer, Neil Patel has more clout (in most cases).

The point here is to choose how you want your brand to be positioned. Take the trust of your audience seriously if you choose to become an influencer.

9. Guest Posts and Links

If your website reaches a certain authority level, other website owners will be interested in piggybacking off your success. Think about it–you’d have to pay me most of the time to write, but I’d consider paying to get my content featured on the Entrepreneur or Inc magazine homepage.

You can start selling links for SEO purposes or selling guest posts as your site grows. Quality control is critical; the integrity of your site must be maintained. Remember, the objective is to create monetization “win – win.”

For instance, I wouldn’t let some random guy write a promotional post about some new software I’ve never used on Marketing Logiq, but I could allow a reputable individual to share their digital marketing knowledge.

In certain cases, it may make sense to sell honest reviews as well. For example, if you run a blog about life hacks, you may be willing to review a time saving app.

Don’t actively seek out paid guest posts. My advice? Let people reach out to you but have a payment structure in mind so you are prepared.

Sell your Links

Conclusion

Keep in mind that there might be suitable to combine several methods and mould them into a monetization strategy. Carefully choose them and put the perfect monetization strategy work for you. Leave a comment below with your creative ideas or any other ideas I didn’t mention. Which ones have you had the best/worst experiences with?