Since its inception, the Internet has revolutionized our daily lives. In more recent times, especially during the pandemic, we were reminded of the power that social media and the Internet hold. One area through which this is most evident is work.
Working online has become the new normal, and everyone wants a piece of it. It has proven to be a practical and highly lucrative business plan and has attracted all those who want to be their own bosses.
So, with all this in mind, this article will cover the top five ways you can turn your website into a money-making machine.
Become a Hosting Reseller
Of course, if you already have a website, you are familiar with web hosting and have purchased a hosting plan. Well, you can use this to your advantage and monetize it for your benefit.
Namely, if you already have a provider, check to see whether it offers reseller hosting. If not, switch or find a new provider that offers reseller hosting and get a plan. With this plan, you can sell hosting services as part of your business.
You won’t need to buy any resources or additional computing power for this because the top reseller hosting providers let you use theirs. With some, you may need to pay a fee for the resources, depending on the provider. However, the bottom line is that you will only need to invest in a reseller hosting plan.
If you are interested in this monetization method and want to have a successful reseller hosting business, check out this article to learn more.
Join Popular Ad Networks
There are many big ad networks you can use on your website. You can join networks like Google AdSense, Amazon Publisher Services, AdRoll, and many more. After joining an ad network, you will be able to display banners on your website.
Using the cost-per-click or CPC payment system, you will make money each time a visitor to your website clicks on the ad.
Additionally, you can use pay-per-click ads to generate revenue. This method also helps you increase your website traffic from search engines and improves your lead generation. With this method, you pay and create ads that will be displayed on third-party websites. You earn money each time visitors click on your ad and open your website.
Sell Your Own Ad Space
Instead of using third-party platforms like Google AdSense, you can sell ad space on your website directly to interested businesses. Of course, this method is a bit more complex because it means that you will need to do all the work, from contacting the potential business to negotiating the terms.
However, if done properly, it can prove quite beneficial to you, as you get to keep all ad revenue generated through the ad on your website, and you won’t have to split it with third-party platforms. However, we recommend that you try out the previous method first and join an ad network so that you can get some exposure to your website first and increase your web traffic.
This way, once you decide to sell your own ad space, you will have some experience and a more attractive website for ad placement, and you can charge more per ad because of your increased traffic.
Create an eCommerce Store
An online store is a great and relatively fast way to monetize your website and great a new income stream. You can create an online store and sell merchandise or products and services that are related to your website.
Also, you can sell something that has nothing to do with your original website idea and expand through this into new markets. You can choose to make, package, and send out the products yourself, or you can hire a third party to do this for you, whichever suits you better.
Create Your Own Affiliate Link
Affiliate links have become a must for anyone that wants to monetize their website and content, regardless of what business they are into. The way this works is that you first need to create an affiliate link, i.e., join a company’s affiliate program, like Amazon.
After joining the affiliate program, the company will give you a unique link that contains a tracking ID so that the company can see how many customers it has gotten off of your link. Then, you should include your affiliate link in your content as often as possible. However, make sure that you include your link in a sensible manner in content that is relevant to the product of the affiliate link. It’s important not to post it randomly in places where it doesn’t belong.
After a customer clicks on your affiliate link and visits the company, you get a commission for each product that the customer buys.
The Bottom Line
As the Internet becomes a more attractive and common platform for work, more and more money-making opportunities arise. Of course, this means that everyone will want to participate and earn their place under the online sun, meaning that competition will be high.
However, you can use the five ways listed in this article to start your online journey and turn your website into a more profitable and competent player in the online space.
Just remember, no matter what you do and what industry you belong to, your content and website need to be modern, simple, relevant, and, most importantly, not misleading.