Website monetization has helped several techies gain financial freedom working from the comfort of their homes. Most of these website owners or bloggers started creating content online as a passion before discovering that it could generate revenue.
As a beginner, you will get to a point where giving up will be an option for you especially when you are faced with the huge task of getting traffic for your site, creating the right content, finding your audience, or how to make money from your blog through website monetization.
I have carefully written this article to guide you on how to make money on your blog or webpage through website monetization.
What is Website Monetization
Website monetization is the process where a website generates passive or active income.
There are several ways one can make money from a website. However, this depends largely on your target audience, the tools you use, and your niche.
It is worthy of note that your website or blog cannot earn income for you if you do not have quality contents that drive and keep audience on the site. The site has to be of value to keep a dedicated target audience whose continuous visits will translate to revenue.
Below are some of the free methods of website monetization:
- Sponsored Content
Sometimes called paid content, this is a way of advertising for a brand or an individual through announcements, event coverage, or paid reviews. Sponsored posts or content has to align with your target audience and niche and you are at liberty to place a price tag as to how much you want for it.
For best practice, your main content should be more in number than sponsored posts.
- Google AdSense
One of the most popular website monetization method is AdSense. Google pays website owner who meets their requirements (per view) to display ads on their site. You earn as people visit your site, click on the ad, and visit the advertiser. The higher the clicks, the higher your earnings.
Brands pay Google to display their ads on the web through Pay Per Click (PPC) advertising thus, you earn from Google as your audience clicks or interacts with the ads.
As a website owner, you need to apply to be a partner with Google AdSense, if your application is reviewed and accepted, you will be able to activate these features.
- Affiliate Marketing
Affiliate marketing allows website owners to earn by promoting specific products and subtly asking their readers or viewers to perform an action using your custom unique link given to you by the affiliate agency. You earn when people buy from your link or perform the required action through your link.
As an affiliate, you can earn by directly establishing contact with a brand to have a shareable link that enables you to promote them and earn a commission when people buy or make use of their services through you.
Another way is to be a part of an affiliate team or network like Amazon and get commissions from their large network.
- Subscription to your Content
You can ask your audience to subscribe or pay to have access to your content. You need to be an authority in your field to activate this method.
With this method, you may choose to allow certain content to be free of charge while users pay a recurring or one-time fee for other content.
- Sell Your Products and Services
This is not affiliate marketing. Here you can sell your personal services or products example books, artwork, digital courses, and other accessories.
As a content creator, you can organize or segment your audience and offer direct personal digital products to them based on their needs and recommend such products to them for a fee.
Conclusion
Website monetization is not a very simple or very difficult process. It requires time, planning, and resources to make it possible. Your website traffic can enable you to earn from your site within a few months (3-6).
To have Google AdSense you need to show Google that you are committed for some time (maybe 6 months) while you create organic content, and implement SEO and digital marketing principles within the time being.