Top Five Ways to Make Money from your Website
Now that you’ve got your website online, how can you make money from it? We share the best ways to start monetizing your site today.
It’s not uncommon for committed bloggers to give up their day jobs after a couple of months. I did!
In this guide, I’ll be sharing some of the best ways for you to monetize your 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 resonates with you and your website – and really focusing on them first.
Let’s get started (in no particular order) with my top 5 ways you can monetize a website!
How to make money from a website
Here are the best ways to monetize your website:
1. Affiliate marketing
Being an affiliate means you promote a product or service to your website’s 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 TripAdvisor, Etsy, and Nike.
Then simply include an affiliate link (provided by Awin) when mentioning products from your chosen partners on your website. See our full guide on getting started and making money with affiliate marketing.
2. Use Skimlinks
Skimlinks is fairly similar to Awin (and other affiliate networks), in that it allows you to earn commission on purchases made through links on your site. The key difference is that, as well as allowing you to create individual affiliate links as and when you’d like, Skimlinks can also be installed on your website to automatically monetize your content.
If you link to a merchant in your content that’s part of the Skimlinks network, Skimlinks will automatically convert the link into an affiliate link! You’ll get paid if a visitor makes a purchase via your link, and commissions vary from 2% – 10%.
3. Add banner adverts
You can easily set up network adverts using Google Adsense or Media.net by copying and pasting code into your site to create adverts that are relevant to a visitor’s recent internet search. Taboola is another increasingly popular service for bloggers monetizing 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 (cost per click, or CPC), or per 1,000 impressions (cost per impression, or CPM). You can also sell banner ads directly to companies with a relevant product/service. This option can be much more profitable as, not only will you set the rates yourself, but the advertiser will (hopefully) know that your audience is one that they’d like to target!
4. Use text link advertising
Offer basic text links to an advertiser’s website (in-content advertising) and charge a fixed rate per month (e.g. £20). Alternatively, you could charge per click. There are plenty of marketplaces such as Backlinks and LinksPanel where you can list your offer.
5. Sell to email subscribers
The biggest regret we hear from bloggers is not starting an email list sooner. So get an account with AWeber from day one to capture your audience and communicate with them after they’ve left the site. You can then email them with recommended products that they might be interested in (affiliate promotion), and earn various commissions if they sign up or buy something.