10 unique ways to monetize a website in 2021
Posted: Nov 27, 2021
Do you want to learn how to monetize website to transform it into a money-producing machine? Well, monetizing a website needs time and devotion. You may not get high returns at first, but you shouldn’t be discouraged. In order to make money, your website should get quality traffic. Without traffic, you cannot make money. Once you have traffic, the methods given below will help you monetize a website:
1. PPC advertising with Google AdSense
Pay-per-Click is a method to earn passive income for website owners, every time a reader clicks on an ad banner. Google AdSense is used to it. The best part is that it doesn’t need a lot of setups. You just need to place ads on your website. There are forums and tutorials to help you get started.
2. Sell ad space
Selling ad space on your website to brands is surely worth a shot. Though it takes time, it enhances your revenue. The ads are displayed in the form of small pop-ups, side banners, and at the end of the webpage. This method works when you have high traffic and a good conversion rate.
3. Affiliate marketing
If you can review products then affiliate marketing is a good way to monetize your website. You can get commissions through affiliate links.
4. Monetize on the basis of donation
If you provide value to your visitors and you need their help to grow your site, then just gently ask for donations. Well, not all visitors will donate, but if you have sufficient traffic, you can just get sufficient donations to sustain your site and make money. Just add a donation button on your site so that your visitors can contribute.
5. Sell any product or service
If you have any product or skill to sell, you should consider setting up an online store. Just create a simple website or an eCommerce store, market it online and begin your sale.
6. Sponsored content
Sponsored content is a merger of you as a publishing source and the brands. Businesses demand you to create content for them and publish it on your site. It could be anything, sale announcement, review or offer. You can charge the brand for writing and publishing the content on your site.
7. Flipping your site
It involves the sale of your site. It can work great for you depending on the type of website you own. You can find out the sale price of your website depending on its present revenue, growth rate and the amount of website it has and sell it and make money.
Membership or subscription is like charging your visitors to access specific content. Readers have to sign or subscribe to access your website content. If you think that your website content is worth paying for, then you should definitely use it to monetize your website.
9. Coupons offered alongside affiliate links
Almost all buyers look for deals. You can also earn from affiliate marketing by offering coupons from affiliate companies. Your job is to attract consumers and direct them to the merchant’s website and earn commission in between. However, to put coupons on your site, you need high traffic.
10. Online course/ coaching
If you have something informational to share, you can monetize your site and offer online coaching. The paid content can be in the form of PDF, tutorials, videos, recorded audios, and more.
Earning money from a website is an amazing experience. However, monetizing a website needs effort, time, dedication, and traffic.
Shivangi is an enthusiatic writer cum Digital marketer. Over 6 years of experience, I have been a regular contributor to medium.