Are you one of those people whose dream would come true if they could make money online? Well, there are a number of people out there who would quit their job in order to make money with a website. This way, they would get to focus on entrepreneurship, take control of their time and spend more time with their family.
Now, here’s good news for you! Earning money online from just a website isn’t a dream anymore. And most of the online revenue strategies aren’t that complicated. Of course, like any other business, your online venture will take time to grow. You should be willing to devote the energy and time needed in order to get your idea off the ground. You should stick with it even if your venture is slow at the start.
So, how exactly can you make money from just a website?
Well, there are a lot of ways in which you can monetize a website. In this post, we’ll let you know about all the ways and their pros and cons.
Do you already have a website or still dreaming about ideas for a blog? In both cases, going for affiliate marketing would be a great way to earn money. You can partner with different businesses and brands within the content of your website and become their affiliate. In order to take part in an affiliate program, you need to sign up for that particular program first. You’ll then receive a code with which you can link to a product or service. If someone comes to your website, clicks on that link and buys that product or takes that service, you’ll receive money. Sounds cool, right?
Do you want to sell products online? Then you’ll need a website with dedicated e-commerce functionality. This includes a shopping cart mechanism, stock-keeping and much more. Sounds complicated? Well, it’s not that complicated as it sounds. All you have to do is pick up the right website design software in order to get started. While picking up an e-commerce website builder, make sure to have a look at the small prints! Some of these website builders might charge you a percentage fee for all the sales that you make.
Here are some of the top e-commerce website builders available in the market:
Do you have a website with a large social media following? Then you can make money just by pursuing sponsored ads and posts. So, how does this actually work? Once you’ve done all the hard work of getting steady traffic to your website with a great engaging community, there are some ways you can monetize your hard work. The majority of companies look for blogs that’ll feature their sponsored content. This native advertising works great, as it lines up with your website’s primary content and comes across as transparent and relevant.
Have you heard of people creating a website just to sell it? No, we are not joking! It might seem strange to invest your valuable time into building a website and then sell it. However, if you think of it as a real estate development, it’ll completely make sense. This process is known as flipping. Here, what you do is buy a domain first. This is where you need to use your intelligence and do a lot of research. Try and find a domain that has all the potential to attract a lot of traffic. Keep the domain name simple as well as attractive. Domains with .com and .org have high values. Once you’re sorted with the domain name, start building your website. You can do this with the help of a website builder. WordPress sites are good in this regard. When your site is ready, sell it on a domain auction site such as GoDaddy and enjoy the money!
You have a website, a strong and engaged community but not thousands of monthly visits. Is this your story? Then you can make money by asking your readers to donate. Accepting donations is not a quick road to a lot of wealth, but of course, it can help you in covering your expenses in the short-term if your visitors love what you say and want to support your journey. Take PayPal for example. They offer small donation buttons that you can implement on your website. And this takes hardly ten minutes. You can use this money for new product creation, good web hosting and other stuffs in order to maintain a healthy and active blog.
Do you have any skill that you can teach others? Then you can earn by setting up an online course and market it online. These days, you can find a lot of courses online teaching a variety of subjects – from marketing and writing to cooking and arts and crafts. And if you want to reach a wider customer base, add the course to Udemy.
There are a number of ways in which you can make money online. The ones that are covered here are only the tip of the iceberg. If you have passion and time to do something along with some creative skills, you’ll be able to build an online stream of income – or maybe several – if you give enough time.
If you want to create a success story of your own, all you have to do is start!