Once you’ve got your own website online, there’s an endless stream of opportunities to start making money! It’s not uncommon for committed bloggers to give up their day jobs after a couple of months. I did!
Today I’ll be introducing you to some of the best ways for anyone to monetise their website, with plenty of practical tips and resources to get started from day one.
But don’t chase them all at once! I strongly suggest picking one or two from this list that resonate with you and your website – and really FOCUS on them first.
Being an affiliate means you promote a product or service to your website visitors in return for earning a commission if a purchase occurs through your link.
Join the Awin Network to access thousands of affiliate programs, including major brands like Topshop, Domino’s and Zara.
Then simply include an affiliate link (provided by Awin) when mentioning products from your chosen partners on your website.
BANNER AND DISPLAY ADVERTS
Taboola is another increasingly popular service for bloggers monetising their content. It works by displaying relevant articles (rather than banners) from advertisers on their network.
These networks will pay you every time a visitor clicks on an advert (CPC) or per 1000 impressions (CPM). You can also sell banner ads directly to companies with a relevant product/service. This option can be much more profitable as you’ll set the rates yourself!
This is an advert in the form of an article, usually containing the advertiser’s website link. An advertiser may send you the article, but if you can write the content for them, you’ll be quids up as you can charge for your time too.
You can earn €50 to €200 for a sponsored post, depending on your website’s popularity. Join blogger network groups on Facebook and share your website, as that’s where the advertisers are looking!
eBooks, printables, graphics, templates and podcasts are all examples of digital products that can help you earn a passive ongoing income from your site.
You could charge around €10 for a 5000 word eBook and 20 eBook sales per month will soon add up! Check out the Envato Marketplace for lots of inspiration and ideas.
If you can create incredibly useful content, you can earn from it. Let’s say you have a gaming website and you’re able to share some little known strategies in an article.
You can hook the visitor in by sharing a few tips, then link to a password protected page (option within WordPress) for the valuable information.
The reader gets the password to unlock the premium content once they’ve paid a fee to you via PayPal. Charge what you like, although €10 to €50 is a realistic price for a premium article.
CREATE YOUR OWN AFFILIATE PROGRAM
Once you’ve created your own website product(s) such as a course or eBook, you can create your own affiliate program and recruit affiliates to help spread the word.
This can lead to more product sales and more traffic for your website. It’s a win-win, and there are plenty of free WordPress plugins to get you started!
ASK FOR DONATIONS
Add a simple PayPal donation button on your website and ask people to donate a couple of quid (the equivalent of buying you a coffee!) if they like your content. If you don’t ask, you don’t get!
AMAZON STORE PAGE
You can easily add a separate Amazon store page to your website and recommend products that are relevant to your readers, earning 1% to 10% commission on product sales if they buy something. Sign up to Amazon’s affiliate program and use their store widget to create this.
YOUTUBE VIDEO CONTENT
Creating video content for your website will not only help you to keep visitors entertained, it could earn you cash too. Monetise video content by uploading it to YouTube and setting up Google Adsense.
Then embed your YouTube videos onto your blog. If your video goes viral, you can earn hundreds in ad revenue!
SELL YOUR WEBSITE
Once you have a website that’s already monetised and receiving good levels of traffic, you’ll have an asset!
One that you can sell on a website like Flippa when the time is right. Expect to earn 6 to 10 times your website’s monthly profit if you decide to sell.