How To Monetize Your Website Or Blog - 4 Easy Ways
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How to Monetize Your Website Or Blog  -  4 Easy Ways

If you have a website or blog and are wondering how to monetize it, things are about to get a whole lot easier for you. Whether you are an internet marketer or an individual with traffic generating website or blog, to capitalize on your traffic flow to earn a dime is something you must do. After all, who wants to dip into his or her pockets each time domain and hosting renewal comes knocking? I know I don't.

There are different ways to go about website or blog monetization. In fact, web traffic monetization is such a diverse topic that even if we were to cover all website/blog monetization methods, , there would still be a new or old way we have yet to cover.

Nevertheless, we must start somewhere, right. Here are 4 easy ways you can use to monetize your blog or website.

#1: Sell Ad-space

If your website is in a targeted niche/topic, and receives a substantial amount of traffic, you can monetize it by selling ad space to organizations in that line of work. For example, I have a country specific website that rates the performance of members of parliament, Senators and Governors. It receives a substantial amount of traffic. For monetization, I lease out ad space to organizations in the 'good governance' field as well as government agencies targeting a demographic interested in governance.

Regardless of your website/blog topic/niche, you too can do this. The trick to success in this type of monetization is knowing how to approach clients (If you like and comment on this post, I'll create another article detailing how to reach out to potential clients and get their business)

#2: Advertising Networks

An adverting network is any network that displays relevant ads on your sites and pays you a commission when a visitor to your site takes a specific action. A very good and popular example is Google Ad-sense. Although I am not a very big fan of this type of revenue generation, there is compounding evidence that it does indeed work (Pete Cashmore from Mashable earns an estimated $600,000 from Google Adsense).

If Google Adsense is not your 'cup of tea', you can use other advertising networks such as Revenue Hits, Chitika, Infolinks, etc to display ads on your website or blog and generate a revenue.

The beauty about advertising networks is that they offer different ad options. You can choose to display text ads, rich media ads, flash ads, animated ads, video ads, etc.

#3: Sell your own products

This is one of my favorites. Let's put our hypothetical caps on for a minute. Hypothetically, let's say you have a natural cures website or blog. On top of selling ads to companies or organization in that field, or using advertising networks to display related ads on your 'corner of the internet', you can also monetize your traffic by selling your own products.

For example, since you are in the natural cures niche/topic, if you have the skills and know-how, you can make your own natural products such as oils and soaps and present them to your visitors. Alternatively, if you are very knowledgeable in your field/topic, you can create educative eBooks and promote them to your visitors. This can result in a substantial amount of revenue.

#4: Affiliate marketing

I'm sure most of you were wondering when I was going to mention affiliate marketing :). Affiliate marketing is a process that allows you to 'affiliate' your site with products and services you do not personally own in return for a commission. Affiliate marketing is up there in the web/blog monetization ladder (guys like Pat Flynn from smartpassiveincome make a killing from it).

How does affiliate marketing work? Real simple. You place an 'affiliate' link to a product or service on your website or blog and when someone clicks on that link, and goes to the website, a web cookie records their action on the site. If that person makes a purchase, you earn a percentage of the total sale as your commission. Neat and simple huh? To get started with affiliate marketing, you need to join an affiliate marketing program.

Fortunately, there are thousands if not millions of affiliate marketing programs on the web. Regardless of your website/blog niche/topic, I guarantee that you can find a related affiliate program.

Conclusion

As indicated earlier, how to monetize your website or blog depends entirely on you. And as indicated earlier, there are many ways to monetize your website/blog traffic.

What do you think of my top 4 methods? Which other ways do you use to monetize your website/blog? Share your thoughts and opinions.


Street Talk

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