The purpose of this is post is to give you a summary list of ways you can make money off your website. These are ideas which either I have tried, or my friends have and it works. So this is no nonsense way to learn to make money online, off your website. I am not selling you anything, but rather summarizing my knowledge based on experience. If you have questions please ask.
I am a problogger. There are millions of us out there, but only few make money to write home about. My approach is I focus on creating my own product. I write software for languages. I combined by passion for foreign languages with programming. My websites and the money made off of that will be effect of this, rather than the primary purpose. This is my personal experience with making money off my website.
My biggest piece of advice on how to learn to make money online – is be patient and do nothing spammy. Make it all professional and personal at the same time. I initially drive income though ads until my products are complete.
The theory of making money online – The idea behind a website is a low-cost shop. You do not need physical assets and structures to support your inventory sales. Further, your reach will be the entire world as opposed to a geographical location. The whole ideas is to get organic natural search traffic. Then how specifically you turn this traffic to money is easy.
Why websites are good for the little guy - This makes doing business easier for the little guy. People make fortunes monetizing a website or simply find an outlet for your passions and are able to work at home. For me it makes perfect sense. If you sell intellectual goods or services or solve a problem people enjoy going to your website. If what you offer is unique and yours even better. The little guy does not need to shake hands, and wear suits with the elite to sell their products, they just need ideas.
The secret to making money online – Many people want to know how to make money online. My answer is build a resource or write content that will make people come back. Do you like to read? I do, so I try to write also and give people the ability to read your ideas. It takes a couple of years these days before you really start to make money online but so what.
Learn to make money online from someone who has
Many people ask me how do I monetizes my website? My recommendation is build a website that is interesting and get lots of traffic. After that the monetization aspect takes care of itself. Here are the ways people make money online, off their website. But here are the specific ways to get the money to come into your pocket.
- Sell you own products – This is the most effective and what people do the least. For example, I write software and will sell this when done. My friend writes book, real books, not e-books but the latter is also effective. You can self print at a local printer. The best things are products that solve a problem. If you take the time to make something of quality your profit margins will be high and your cost will be low. Outsourcing product creation is one way to do it but I prefer to create something myself. If you want a job done you have to do it yourself and no one will do as good a job as you.
- Sell other people’s products – This is what people do the most and is least profitable. I think if you have your own product then you are more passionate about it. People see it as your signature product and trust you as a person, rather than re-peddling someone else’s ideas. Search engines do not like recycled content anyway, which your website content tends to gravitate towards when you sell a product everyone else is talking about. But it is possible to make money this way if your website is built around quality unique content. You need to find a product, you personally believe in and has a high profit margin, a business niche.
- Private ads – Highest payout but you have to look for advertisers. It is important you do not pass page rank as not to skew search engines results.
- Trusted networks – Google type ads have the easiest set up and I recommend and I do.
- Donations – Could even be if you make a yearly donation you get special things on this site, like on a forum you get chat ability. This is a good model for forums. People can exchange pictures and connect or have access to premium content.
- Pay memberships – very profitable. One of my friends runs a dating site and charges 25 dollars a month and has 1000s of members. You do the math. But it is hard to do unless you have a critical mass.
Of all these I recommend Google type ads. The payout is low to start but once you are a trusted provider with good content it seems payment goes up. The key is do not be spammy. Do not get rich quick. Do only trusted things. No trying to pump your website. If you do the right things by focusing on content you will get noticed online. Be patient it takes a couple of years to get enough traffic, but myself and my friends have enough income to live fine and focus on other things like trading stocks etc and making our asset base grow (something I have not had time for various reasons).
I use a theme that does all the ad work for me. I think it is the easiest way. The design is not the best but it does not matter the SEO aspect is good as is ease of use. If you want to know the theme I use write me and I can point you in the right direction.
Therefore, with a theme in place and a WordPress platform, my job is just to write content. Content always has been king and it will be even more. Nothing upsets me more when I come to a website that is not personal and just generic content mills. Articles that add little value. Make your site your signature and convey personal experiences than broad sweeping statements.
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