Easy Ways To Make Money Online With Your Website

At one time or another, most people have dreamed about having their own businesses, but have been deterred by the startup costs necessary to begin. This is exactly why making money online is such an attractive prospect. Most online businesses can be started with under $50. In fact, if you follow our tips, all that you’ll need to get started is a domain name, a web host, and a bit of time.

Below, we list a few different ways to make money with your website.

Affiliate Advertising

Affiliate Advertising is a marketing practice in which a business will reward you for visitors, potential leads, or new customers that they received from your marketing efforts. In most cases, this means that you’d place some company’s advertisement on your website. When a visitor to your website clicks on the ad and is redirected to the company’s website, you are credited for their visit and/or purchase.

If you are wondering how you receive credit for your referral, a tracking code is generally embedded in most ads.

To get started, we suggest that you partner with companies such as Commission Junction or LinkShare. These companies will enable you to sign up for various advertising programs, track your commissions, and get banner ads all from one interface. They will also be responsible for collecting, consolidating, and issuing your payments. To apply, you will need to have a live website.

Google Adsense

Google Adsense is another pay-for-performance program. However, AdSense rewards publishers with a small per-click compensation. Per-click compensation rates vary depending on the subject area of your website, as well as its traffic.

Due to the small payouts per action, Google AdSense is generally only profitable if you have many websites on which this code is installed, or if you have high traffic. However, this program is easier to implement than affiliate advertising. In this case, you’ll only need to install your advertising code once, and Google will deliver relevant ads. On the other hand, with affiliate advertising, you will be responsible for selecting relevant ads.

Sell Advertising Space

Once your website becomes popular, you can sell blocks of advertising space. You might be wondering about where you’d find interested advertisers. Fortunately, it won’t be hard. There are services which help match advertisers with publishers, at no cost to you. One such service is AdBrite. And this can be more profitable than affiliate advertising because you will generate income regardless of performance.

Unfortunately, you will need a significant amount of traffic to entice advertisers to buy ad space. One such traffic metric that is used by advertisers is the Alexa rank. (See 6 Ways To Increase Your Alexa Rank.)

Provide A Resource. Get Donations. Charge For Membership.

If you consider yourself an expert in a certain topic, consider creating a resource site. Once you have a decent traffic base, you can generate income by asking for donations. (ie. Keep this site free. Donate!)

To obtain a donate button, consider using PayPal, a secure and popular online payment processor. They have Donate buttons that you can easily place on your website.

An alternative way to make money from your resource website is to charge for membership. Don’t worry about development costs, you can do it yourself by opting for an open source software package. Quite a few of these programs — such as Joomla and WordPress — have plugins which can give your site this functionality. The Price: Free.

 

This is by no means an exhaustive list, as there are numerous other ways that you can make money online. Some other methods include selling merchandise, selling advice, opening an eBay shop, and buying and reselling domain names.

But no matter which venture you choose, the key to success lies in creativity and persistence. Yes, it is important to realize that something like this doesn’t happen overnight. Instead, it will take time and continual effort to generate a substantial income. And with relatively low startup costs, it is definitely worth the effort.

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