There are many ways to make money online, but the problem is that people get distracted by the latest and greatest product or service which led them to never build successful business.

This article will speak about website monetization review including most common methods and tips for website monetization.

Before you earn money, you need to get traffic to your website and to do that, you need to select your niche and search the appropriate keywords so that search engines can lead more traffic.

There are over 5 billion people online as of 2022 which can be considered as your audiences where they go to search engines looking for information, solution for problems, answers or just to buy stuff.

Your roll is to provide help to online people by getting the required solution, answer, or review of the product.

Website Monetization Ideas:

1. Affiliate Marketing
2. Pay Per Click Advertising
3. Selling Ad Space
4. Selling Your Own Products or Services
5. Sponsored Content
6. Flipping Your Website
7. Membership Websites
8. Set Up Online Courses
9. Accept Visitor Donations
10. Build an email list

1. Affiliate Marketing

It means you get paid a commission for every referral you make to other businesses. So, you need to sign up to one or more affiliate networks, then get the affiliate links which will lead to the advertiser’s website. The affiliate links can be added to your website through hyperlinks or photos.

It is one of the easiest ways of making money since it’s pure passive income and you don’t need to produce your own products or services. Customers visit your site to read your content, click on affiliate links, take action if they trust you, then you earn money.

It is recommended to not be too promotional because this will annoy the readers. Also, never promote products that you dislike.

Recommended affiliate marketing websites: Amazon and Wealthy Affiliate.

2. Pay Per Click Advertising

Pay-per-click advertising (PPC) is an online advertising model where website owners earn passive income each time readers click on an advertisement banner. The advertiser will pay the Marketing Network to place the ads and publishers (like you) will get paid whenever people click on these ads on your website.

I prefer the affiliate marketing than this method because it can bring higher turn over for the same amount of traffic.

You need to make sure you comply with the terms and conditions to not get blacklisted.

Recommended PPC Networks: Amazon and Google AdSense.

3. Selling Ad Space

Selling free space on your site directly to advertisers. The ads can be links at the bottom of the page, banners, or small pop-ups. The pricing can vary based on the location and size of the assigned ad space and you will have the control over price negotiations.

The good about this method is you will get full share of money, but it is more time consuming to get traffic to the website and attract advertisers.

4. Selling Your Own Products or Services

If you have the products (Physical or Services), you can sell them directly and put the prices as you want through creating an e-commerce store. So, you can do the producing, packing, and mailing the products your self or you can assign that to a third party.

You can create an online store through Weebly or Shopify.

5. Sponsored Content

It is a collaboration between you as a publisher and the brands that you are partnering with which will pay you to create content for them and publish it on your site.

The content can be sales announcements, offers, infographics, or product reviews. They can be written by the sponsoring brand itself or by you where you can charge a higher rate.

This strategy also helps you grow your site authority, as you provide expert advice for a product or service.

6. Flipping Your Website

This method means to create websites, grow the traffic, raise their value then sell them and gain profit. It takes time to make the website more valuable depending on the content. So, you need to find the suitable niche, promote I, grow it to make it more attractive for monetization and traffic then sell it.

You can check the estimate website price through Flippa.

7. Membership Websites

This method means you are charging readers to access specific content. You need to find a way to attract the people to subscribe by putting high value content or the access to more advanced package. For example, there are many websites like Wealthy Affiliate where they can give access for free for a specific period of time with limited services while if you pay subscription for one of the plans you will get access to advanced services for the agreed duration.

You can check the structure of such websites Like: Wealthy Affiliate.

8. Set Up Online Courses

If you have a valuable knowledge in specific domain, you can create an online course and monetize it on your website. It can be a downloadable PDF, recorded audio, or video.

This method can work also with the previous one “Membership Websites” and you can ask readers to subscribe to get access to a premium content.

9. Accept Visitor Donations

If you are offering a valued content to readers, you can ask politely for donations. Not all the readers will donate but when you have enough traffic you might earn the needed money for the website.

You can setup donation buttons through installing widgets on your site to allow donations and link them directly to PayPal or Fundly.

10. Build an email list

The benefit of building an email list is to engage audience and increase traffic. The readers who sign up to your email list are the ones who are loyal to your website and more likely to click and accept your offers. Once you have a solid email list, you can include sponsored posts, affiliate links, or sell your products.

You have use the email list wisely to not annoy the members which will lead them to unsubscribe or concede the email as spam.

Conclusion

There are many ways to monetize a website. It is important when planning to create a website to find the correct niche which you like then find the searchable keywords to allow search engines to direct traffic to your website.

Do not expect to grow traffic within a day, it will time, dedication and lot of work to make your website at the first page of the search engines.