How To Make Money On An Information Website – Disclosure: This content is reader supported, which means if you click on some of our links we may earn a commission.
The idea of making money from a website sounds unrealistic to most people. Although they love the concept (really, who doesn’t?), they can’t figure out how to get started. In this guide, we will show you how to make the dream of using your website to make money come true.
How To Make Money On An Information Website
Websites have minimal start-up costs – so don’t worry if you still need to build one. The website builders we recommend are affordable, easy to learn, and include everything you need to get started:
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Anyone can start a website and use it to make money today. It’s convenient, safe, and most importantly, it works!
There are many advantages, like a flexible schedule, no crowds or traffic, more time with loved ones… we could go on and on. Also, the coronavirus pandemic has confined us to our homes. Workforces far and wide have gone remote, and anyone who was operating offline has turned to an online strategy.
There are many ways to monetize a website. It can be a full time job or a side hustle – whatever you want it to be. While some methods are more complicated, others are simple and straightforward, but all can work wonders.
In terms of revenue, it is unlikely that you will become a millionaire immediately. This is not a get-rich-quick scheme. But you can earn a decent passive monthly income fairly quickly. The average profitable websites make about $1000 in a few months of being launched, so there is certainly hope.
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The only catch? You need to do it right and be prepared to put in the effort and dedication to achieve success.
From ads to sponsorships to e-commerce, there are many opportunities to monetize your website. All you need is the right guidance and determination to achieve it.
Fortunately, there are a number of affordable and beginner-friendly website builders such as Wix, Squarespace, and the most popular WordPress – all of which are free. However, this does not mean that you will not have to pay anything to create a website. You have to consider a few extra costs, such as:
Understanding what goes into making a website helps you know what kind of investment it will take to get yours up and running. Many website builders like Wix and WordPress make it easy even for beginners to create their own beautiful website, but some individuals and businesses want a lot of extended functionality and may decide to hire a pro rather than ‘to take themselves.
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For context, even the most basic website will come out to about $25 annually with the annual domain renewal and web hosting fees. If you want to extend the functionality of your website, the cost will increase to around $100-500 per year – or over $1000 if you choose to hire an experienced web developer to build and create your website for you.
When it comes to making money with websites, we recommend implementing a variety of strategies. After all, it is unwise to put all your eggs in one basket.
Note: You don’t have to implement all the strategies we discuss below. Choose whatever you think will work best for you.
Here, you launch an e-commerce store, add products or services you want to sell, and then market your offerings to your target audience. This also includes inventory management, customer relationships, shipping and returns, among many other things. Opening an e-commerce store is not very easy and requires continuous work and marketing to make it successful.
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If you are serious about launching an online store, we highly recommend Shopify. In addition to being a website builder, they also offer an integrated payment processor and several other solutions to simplify e-commerce.
You can join an advertising network like Google AdSense to get started. Not only do these tools give you complete control over where the ads will appear on your website, but you can also choose the types of ads to display on it.
You earn money from the number of clicks, views, actions, and conversions you receive and generate from the ads. Naturally, this strategy is better for established websites that experience more traffic. But even newer sites can place ads before growing and scaling.
Affiliate marketing is quite simple. You earn a commission in exchange for traffic and sales based on your referrals. One way to make affiliate money is to write reviews about products or services and use your unique affiliate link in the post.
How Do Bloggers Make Money?
For starters, you can talk directly to or sign up with an existing affiliate program of a specific brand and then include your unique affiliate link when mentioning their products or services.
Here is an example. Let’s say you’re starting a skin care blog. You can reach out to companies that have affiliate programs and recommend their products or services while writing articles. You will receive a small commission for every click on the link on your website that leads to a transaction on the skin care company’s website.
You can also sign up for more general affiliate programs, such as the Amazon Associates Program. Once you are accepted into the program, you can generate a unique affiliate link through the affiliate program website for any product sold on the Amazon platform. When you write a post and mention any product, link to it with your affiliate link instead of the regular Amazon product page URL. You earn a small commission every time someone clicks on your link and buys a product.
From e-books to online courses to consulting or training services, there are tons of product and service options you can sell from your website. Furthermore, the overhead for this strategy is significantly lower than running a full e-commerce store, so that’s another advantage.
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You can take advantage of ongoing services, one-off downloads – or both. For example, if you’re a business coach, you can charge a monthly fee to access gated content or offer a one-time download of an e-book.
Remember the investment analysis we mentioned? You need to register for all of them to launch a website.
We highly recommend joining Wix, one of the best website builders on the market today.
With its drag and drop interface, you can customize the look and feel of your website without having to write a single line of code. Plus, Wix comes with built-in web hosting and gives all users a free domain for a year (after the first year, you’ll need to pay annual renewal fees).
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Wix also features top-notch security and reliability measures, such as secure payment gateways (for e-commerce sites), TLS 1.3 encryption, automated and redundant website data backups, and 24/7 monitoring and optimization by the professionals at Wix.
If you don’t want to use Wix and the built-in hosting, you can sign up with an independent web host like Bluehost and launch a website on WordPress. Not only is this hosting service cheap, but it also offers a free domain for the first year.
The good news is that none of those three things take much time, and you can start working on your website very quickly.
Catering to anyone and everyone is going to get you nowhere. Instead, you need to produce customized products, services or content that appeals to your target audience.
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But how do you choose your target market? The definition of a target market is the specific group of people that your products or services appeal to.
So, your niche is the industry or area your website focuses on, and your target market is the people you want to sell to.
Imagine you have an affiliate marketing website that sells vintage and expensive home decor products. Your target audience, in this case, will be homeowners with a higher income level who live in the areas you ship to.
Additionally, you don’t want to mix niches. A lifestyle blog will be very different from a digital marketing blog, and so will its target audience.
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Pick a niche and stick with it. Based on that, establish a brand image and brand voice to create a loyal customer base and visitors.
At this stage, you have a plan, a website, and know your target audience. However, you cannot expect to earn money from a blank slate with no web pages. Therefore, your next step should be to create relevant content and add different pages to your website.
Content creation is an ongoing process where you learn something new every day. Results take time, but you are sure to see them if you stay consistent and continue to apply best practices.
The first thing you want to work on is your website’s navigation. This includes having an SEO friendly site structure and then working on specific pages. Here are the nine website elements you need:
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But starting with the structure of the site is crucial. It’s the various menus and pages you want for your website, and decide how users will navigate each one. For example, you might have a menu at the top of your website, in a sidebar, or in the footer where visitors can click to see your store, about page, contact form, blog, and more.
The next step on your agenda should be to produce high quality content that is published in accordance with the structure of your website. This is a
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