When you have your own website, whether you hired someone to build it for you or you used website builders to create your pages, you probably want to earn some money from it. After all, that’s what your goal, right? Good news is that you can definitely make money from your site. However, keep in mind that earning online is not that easy. Just like any other things, running a site and making money from it also require hard work, great techniques, and patience – a lot of patience. So if you’re ready and you’d like to monetize your site, here are some ways how:
- Cost-Per-Click Advertising (CPC)
One of the most popular and probably the easiest ways to monetize your website is by displaying banners based on a cost-per-click method. It basically works like this: You sign up with a network offering a CPC program. Once you get approved, you’ll get an access to some codes, which you can put on your site. The network will then place ads that are relevant to your website. When someone clicks on those ads, you will earn certain amount. Some of the popular CPC networks are Google Adsense, Infolinks, and Chitika.
- Cost-Per-Mille Advertising (CPM)
CPM advertising works almost the same as CPC advertising, except that this method pays on a “per view” basis, usually a dollar amount for 1000 impressions or page views. If, for instance, you display an advertising banner on your site with $1 CPM, and your site generates $1,000,000 page views monthly, you will therefore earn as much as $1,000 every month. You can possibly earn more depending on the cost of the CPM. Some networks provide as much as $10 per 1000 impressions, but some also offer less than a dollar. Usually, the better the ad format, the higher the CPM rate. Also, the better the ad network, the better the CPM rate.
- Direct Banner Advertising
If you want to earn better, you can definitely sell your own advertising space directly to advertisers. It’s very rewarding as you’re able to determine your own rates and keep all the profits for yourself; however, it will take extra work as you’ll be the one to contact advertisers, promote your advertising space, manage the sales process, and so on.
- Product Selling
If using ads as a way to earn money doesn’t sound that much appealing to you, then you have another option to monetize your website, and that is creating and selling your own products. If you’re good at writing, for instance, you can write an e-book and sell it to your readers. Or if you’re good at cooking, you can create a video training or course on how to cook different recipes, then sell that to your audience. There are many things that you can offer online that people will be willing to pay for. Just know where you’re good at, and create a product that people will love.
- Affiliate Marketing
Well, if you’re not that creative enough, you can still sell online and make money from it. You can do that by signing up as an affiliate. This method works simple: You promote a product to your site, then when someone buys it, you earn a commission. How much you get depends on the company you signed up with. Popular affiliate marketplaces are Amazon, Clickbank, and ShareASale.