How to Make Money From a Website
Lesson - 5
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Introduction
Making money through a Website or Blog is not a myth. People are making hundreds and thousands of dollars every month from their websites.
The process is really easy.
If you are passionate enough then you can also start making money from your website, the only thing you will be needed is a self-hosted WordPress website.
If you own a self-hosted website then you are good to go. If not then no need to worry here is a in-depth guide on how to make a website.
Have a look!
Why Is Monetizing Your Website Worth It
Because It’s convenient, safe, and most importantly, it works!
Once you have set up your website, then you are ready to go.
But before we start let me tell you one thing. If you are looking for a way to become a millionaire quickly, then you are in the wrong place.
Don’t get fool by the advertisements which say “Become a millionaire in 30 days” or “How you will earn $5000 per day”. Every single of them is a scam, you are just wasting your time and effort there.
Unlike other “how to make money online” articles, here at elegantespace, I will be teaching you 11 best ways to make money with your website or blog.
Disclosure: Your support helps keep the site running! We earn a referral fee for some of the services we recommend on this page.
So, let’s get started…
11 Best Ways To Make Money From A Website
1. Affiliate Marketing.
2. Earn Money Through Google AdSense.
3. By Selling Ad Space.
4. Sell Your Own Digital Products Like e-Book.
5. Sell Online Course
6. Accept Sponsored Blog Post (only quality post)
7. Earn Money By Flipping Website (Create…Sell…Repeat).
8. Create Restricted Members Only Content
9. Offer Coupons.
10. Make An E-commerce Website (Sell Physical Products).
11. Accept Donation From Visitors
1. Affiliate Marketing
Affiliate marketing is the process by which an affiliate earns a commission for promoting the products of another person or company.
It is one of the most popular and reliable ways to make money from your website.
How Do Affiliate Programs Work?
When you recommend a product or service to your visitors/ audience using the special affiliate link then you will get a referral commission for every time someone buys after clicking on that link.
This commission varies from company to company anywhere from 5% to 60% and in some cases even more.
For example, if you are promoting software that cost $100 using an affiliate link ( having 50% of the commission ) you will get $50 from each sale… Amazing Right…?
So, if you’re interested in affiliate marketing, you can start by considering products you’ve already used that your visitors might be interested in, or you can refer to products you haven’t used but think are really nice.
Once you choose the products which are really nice and good for promotion, then you can install WordPress plugins like ThirstyAffiliates to manage your affiliate links.
For reference do check the 5 recommended and best affiliate marketing plugins for the WordPress website.
You can find a huge list of products to promote from:
You can either make a text link or banner Ad to redirect your visitors to the particular website.
For example, I have made an affiliate link for Hostinger. If you click on this link you will be redirected to the particular website. This is how it works. Simple as that.
Affiliate programs are available for every industry. To get an affiliate link you need to contact the respective company.
2. Make Money With Google AdSense
Did you know that Google is the world’s most valuable marketing platform, with a market capitalization of more than $502 billion?
So, if you are new to making money online, then Google Adsense is the best place to earn from your website.
All you have to do is add a Google Adsense code to your website to begin displaying ads.
Check out the detailed guide on how to create and add Adsense code to your website.
How Adsense works?
Once you sign up for Adsense and your account get approved.
Google will start displaying relevant ads on your website and you will get paid each time when someone clicks on the ad displayed on your site.
Your cut might be anywhere from $0.01 to $15 per click.
You will also get paid for ad views instead of clicks which comes under CPM ( cost per thousand impressions ).
3. Make Money By selling Ad Space
Instead of relying on an intermediary (Adsense or other media network ) who takes a cut of the money for displaying ads on your website, you can directly sell the Ad space.
In simple language, sell your own ad space to the companies that are looking for the endorsement of their product on a website.
You can set the price for each ad space available on your site.
The price of Ad space will depend on how many visitors you are getting in a month.
More traffic more revenue.
The advantage of this approach is that if your site receives a lot of traffic from various sources, your simple banner ad pricing can reach $7000 per month ( from one Ad space ). If you have three, the prize is $21,000…!!
However, if web traffic is low, don’t expect to earn either through this method.
Still, directly selling ads takes more work to manage than using Google Adsense.
Instead of just adding a bit of code to your website, you will have to take care of everything from negotiating the price to all the administrative work and terms of service with each client.
The key to getting direct advertisements is to add an advertisement page on your blog and give all the necessary details like available ad space, traffic details, and marketing pitch.
4. Make Money By Selling Digital Products
Selling digital products on your website is a fantastic idea.
eBooks, printables, graphics, templates and podcasts are all examples of digital products that can help you earn an ongoing passive income from your site.
The best part, there will be no middleman between you and your buyer so, you will get the full amount of your products immediately.
For example, you can offer an eBook from your website. PayPal can help you set up a cart for digital downloads quickly.
Tips: Use Canva, a free tool, to make digital products like book covers and banners.
5. Sell Online Course To Make Money
Apart from ebooks, selling an online course is another good example of a digital business.
Generally, income through online courses is higher than selling ebooks.
Perfect examples of these business modules are Udemy, Udacity or Byju. By selling online courses they are making tons of money every single month.
You can also offer some online courses in which you are an expert.
To do so, you will have to create a lesson for your courses, plus any supporting material that you want to include such as downloads, templates, checklists etc.
Just like Easy Digital Downloads, you can use Learning management plugins to sell online courses.
6. Accept Sponsored Blog Post
If you don’t want to display ads on your website or don’t want to sell any courses then you can go with the sponsored blog post.
A sponsored post is just like a sponsorship program that runs on TV shows or other industries.
Basically, a company pays you to represent their products, talk about them and promote them to your visitors.
To get a quality sponsor, add an advertisement page on your blog and give all the necessary details like traffic volume, social media followers, and marketing pitch.
If you are getting decent traffic on your website you can contact the advertisers to promote their products.
When done right, this can create a win-win scenario and you will start earning a decent amount of money.
7. Earn Money By Flipping Website (Create…Sell…Repeat)
Believe it or not, you can make a huge amount of money by selling your website. If you know how to make a website, then you are way ahead of most people.
Nowadays entrepreneurs like to buy already established websites to run their own business.
For example, if your website is making $600 per month through selling ad space, you might be able to sell that website for $30,000 – $50,000.
To be very honest, I will not suggest flipping of website.
But if you want to sell then there are some website which will help you in selling your site.
Where Can I Sell My Website?
- Flippa
- We buy Website
- FEinternational
8. Create Restricted Members Only Content
It will depend on how good your contents are and how popular and worthy your content is.
If your content is unique and is really nice, your visitors will definitely pay to read more of your work. To do so you can create a members-only area to share premium content with your premium members.
You can easily create a membership site with a variety of plugins available on WordPress.
9. Offer Coupons To Make Money
People are eagerly looking for discounts and promo coupons for everything from clothes to high-end products, from hotels to complete travel packages.
If you can offer a valid one, you can also get a cut of the revenue too. Somehow it is similar to affiliate links/ marketing.
You need to contact the affiliate team of the brand, for which you are planning to offer discount coupons.
10. Make An E-commerce Website (Sell Physical Products)
WordPress website is not only about blogging and making an informative and entertainment website.
WordPress is so rich in features that you can turn your website into an online e-commerce website just by installing free Woo-commerce Plugins.
You can add any products you want to sell (not the restricted ones) and can make a huge amount of money. To get started, check out our article on how to make an e-commerce website step by step.
11. Accept Donation From Visitors
Last but not least, you can add a donation button on your website to earn some extra money, it can help you to cover the expense in the short term.
If people like your article and want to support your journey they may help you with some donations.
To accept donations you can add a PayPal donate button to your website.
Hope this post will help you in monetizing your website. If you have any questions feel free to ask me. I will definitely help you with that.
FAQs on making money from website
How much money I can make from my website?
How much traffic do I need to start making money from my website?
There’s no fixed threshold, but generally, more traffic can lead to more monetization opportunities. However, it’s also important to focus on audience engagement and niche relevance.
Can I use multiple monetization methods on my website?
Yes, using multiple methods can diversify your income. Just ensure that they don’t conflict with each other and that the user experience remains positive.
What's the best monetization method for beginners?
Affiliate marketing and Google AdSense are often recommended for beginners, as they require less initial setup and can generate revenue relatively quickly.
How do I choose the right affiliate products to promote?
Choose products or services closely related to your website’s niche and that provide value to your audience. Research the affiliate program’s reputation and track record as well.
Is it better to sell digital or physical products on my website?
This depends on your niche and audience. Digital products can have higher profit margins and require less logistical effort, while physical products might appeal to certain audiences.
Do I need technical skills to set up e-commerce on my website?
Basic technical skills can be helpful, but platforms like Shopify or WooCommerce offer user-friendly interfaces that make setting up an online store relatively straightforward.
How do I get companies to sponsor content on my website?
Reach out to companies relevant to your niche with a clear proposal outlining the benefits of sponsoring content on your platform. Highlight your audience, engagement metrics, and how their product/service aligns with your content.
Is it possible to make money from a blog or informational website?
Absolutely. Blogs can generate revenue through affiliate marketing, sponsored content, display ads, selling ebooks, and offering premium content.
What's the key to successful monetization?
Providing value to your audience is paramount. Focus on creating high-quality content that resonates with your readers, and choose monetization methods that enhance, rather than detract from, their experience.
How do I prevent my website from looking too cluttered with ads?
Balance is crucial. Avoid overloading your website with ads that disrupt the user experience. Strategically place ads in a way that doesn’t compromise your website’s design and usability.
Should I prioritize monetization over content quality?
Content quality should always come first. Monetization should complement your content, not compromise it. High-quality content will attract and retain readers, leading to better monetization results in the long run.
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Good post.
Keep sharing with us.
The How To Earn Money Through Website article is one of the best I have
ever read!
You are doing a great job with https://www.elegantespace.com site.
🙂 KIsses!
Hello I’m interested in the future 😊
Thanks mate!