The Top 3 Ways to Monetize Your Website
July 10th, 2007
On the internet there are typically 3 real ways to make decent money: AdSense(through google), YPN (through yahoo), affiliate marketing (clickbank, commission junction, or azoogle ads), or creating your very own product.
1 - Pay Per Click:
Text ads such as Google Adsense, Yahoo!, Kontera, and so on are a great way to supplement your income stream from your website. If you have a large reading base, or tend to have massive amounts of traffic to your site, implementing Adsense, or Yahoo! Publishing may be a great source of income for you.
Although no one should bank on these as their main income stream. Google or Yahoo! can change their terms of service in a heart beat, and your revenue could plummet. So make sure you’re checking all of your options before you use this technique as your main source of income.
2 - Affiliate Marketing:
Another popular, and higher paying source of online income from your site is by becoming an affiliate and promoting other peoples’ products on your website. This is a great way to make a little extra money with your site, as you don’t have to put a lot of effort into creating a product.
Although, you must “pre-sell” the user on the product to make them click the affiliate link. Although this may seem difficult, there are many ways to do this with ease.
Two very popular affiliate programs are:
Clickbank
Commission Junction
There are others, so make sure you look around and find out what service best fits your needs.
3 - Product Creation:
Product creation is one of the most effective ways of building a revenue stream from your website. You keep 100% of the revenue, and you also have the fulfilling feeling of owning something. Here are my steps to creating your very first product.
You’ll want to develop a decent reader base to your blog/website. Once you have them, begin to poll them with a form from Aweber, capturing their name and email address. When you’ve gotten plenty of questions, and a lot of people (make sure you’re staying in touch with them, answering random questions and giving them good content), you’ll want to take the main questions and develop a product out of them.
Once the product is done, sell it to the newly acquired list!
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[Keywords: AdSense, Blogging, Clickbank, Monetize, Umpires, MySpace ]
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