How can I make money from my website?
There are a lot of ways you can make some extra money if you own a website, and let me tell you, making money online has never been easier than it is today. Even though it might seem like a head scratcher in the beginning, once you figure it out, you’ll be surprised. This article is for everyone, who has even once asked themselves the question given above. So, without further ado, let’s get right to the point.
• The most obvious and the most popular way to make money online, is to sell advertising space on your website. This can only work, if your site gets a fair number of visitors daily, so the company you are advertising, will actually pay you for your space. I guess I wouldn’t want my website to be crowded with ads, because let’s be honest, no one does, but if ads: 1) make you money, 2) do not cover website content, 3) can easily be removed from your user’s screen by the user itself and 4) do not get any other complaints from visitors, then why not.
• Another popular way to make money is creating and selling virtual products and/or services. Creating and selling product is actually how Gridgum gets its income. You might think it is a time and energy consuming way, but actually it’s not as hard as it looks. This digital product can be anything from texts and articles to videos and website templates. Services is a little bit different. To not completely abandon the internet’s whole purpose and deliver every service to your users, the services you offer should be able to be requested and delivered online. What this means, is that you should lean towards something like video tutorials on the requested topics, and not hire a guy to do home calls and fix someone’s hardware.
• The idea to make a chargeable membership or premium content to make extra money has become quite the winner as of late. I guess in some ways this could be similar to selling digital content, but charging users for premium memberships can be really profitable. The way premium accounts work is fairly simple. People visit your website, users love your content, they want more, so you offer them more for a small monthly payment. These small payments made by a lot of people create a stable monthly income for you. The only drawback this might have, is that it requires a lot of attention and hard work to keep your site up to date with newly trendy content that people will pay for.
• Last but not least, a simply effortless way to get money is to just sell your whole website. Of course, this is the one that pays the most, hence might be the way you all choose to make some money. So, typically websites sell for 12 to 24 months’ income, but if your site has something special, you can sell for any price you want. One thing to consider is, that the sell price should be more than what your site “earns” in a period of time.
There are many more ways to earn money. If these are the options you have already considered, just make a list of the things you would pay for. If those products/services are things you can add to your website, do it. I can guarantee you won’t be the only one willing to pay for that content or service.