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The idea of making money from a website is unrealistic for many. While they love the concept (really, who doesn’t?), they can’t figure out how to get started. In this guide, we’ll show you how to make your dream of using your website to make money a reality.
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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!
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There are so many benefits, like a flexible schedule, no crowds or traffic, more time with loved ones… we could go on. In addition, the coronavirus pandemic has confined us to our homes. All workforces have worked remotely, and all those working offline have moved to an online strategy.
There are several ways to monetize your website. It can be a full-time job or a part-time job – whatever you want. While some methods are more complex, others are simple and straightforward, but all can work wonders.
When it comes to success, it is unlikely that you will become a millionaire immediately. This is not a get-rich-quick scheme. But you can quickly earn a decent passive monthly income. The average profitable website makes about $1000 within a few months of launch, so there is hope.
The only catch? You have to do it right and be willing to put in the effort and dedication to succeed.
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From ads to sponsorships to e-commerce, there are many ways to monetize your website. All you need is the right guide and the solution to see it through.
Fortunately, there are several affordable and beginner-friendly website builders, including Wix, Squarespace, and the most popular, WordPress, all of which are free. However, that doesn’t mean you don’t have to pay anything to create a website. There are a few additional costs you should consider, such as:
Understanding what it takes to build a website will help you know what investment you need to get your site up and running. Many site builders like Wix and WordPress make it easy for even beginners to create their own beautiful websites, but some people and businesses want advanced functionality and may decide to hire a professional instead of taking it on themselves.
For context, even the most basic-looking website runs about $25 in domain renewal and web hosting fees each year. Costs range from about $100-$500 per year if you want to expand the features of your website, or upwards of $1,000 if you want to hire an experienced web developer to build and create the site for you.
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When it comes to making money with websites, we recommend implementing different strategies. After all, it is wrong to put all the eggs in one basket.
Note: You don’t have to follow all the strategies we discuss below. Choose what you think is best for you.
Here, you open an e-commerce store, add the products or services you want to sell, and then market your offerings to your target audience. This also includes managing inventory, customer relations, shipping and returns, and more. Starting an e-commerce store is not very easy and requires continuous work and marketing to make it successful.
If you are serious about starting an online store, we recommend Shopify. Apart from being a website builder, they also offer an integrated payment processor and several other solutions to facilitate e-commerce.
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To get started, you can join an ad network like Google AdSense. Not only do these tools give you complete control over where ads appear on your site, but you can also choose the types of ads that appear there.
You earn from the number of ad clicks, views, actions and conversions and from your ads. Of course, this strategy is better for websites with high traffic volume. But even new sites can place ads before growing and scaling.
Affiliate marketing is very simple. You earn commission in exchange for traffic and sales based on your referrals. One way to earn money from affiliates is to write reviews about products or services and use a unique affiliate link in the post.
To get started, you can chat directly with or sign up for a specific brand’s existing affiliate program, then include a unique affiliate link when you mention their products and services.
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Here is an example. Let’s say you start a skin care blog. You can contact companies with affiliate programs and recommend their products or services when you write articles. You will receive a small commission for each click on a link on your website that leads to a transaction on the skin care company’s site.
You can also sign up for general affiliate programs like Amazon’s Associates program. Once accepted into the program, you can create a unique affiliate link through the affiliate program site for any product sold on the Amazon platform. When you write a post and mention any product, link it to your affiliate link instead of the usual Amazon product page URL. Every time someone clicks on your link and buys a product, you get a small commission.
From eBooks to online courses to consulting or coaching services, there are many product and service options you can sell from your website. Plus, the overhead of this strategy is much lower than running a full-fledged e-commerce store, so that’s another plus.
You can monetize ongoing services, one-time downloads, or both. For example, if you’re a business coach, you can charge a monthly fee to access private content or offer an eBook for a one-time download.
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Remember the investment division we mentioned? You need to register for all of them to open the website.
We recommend signing up for 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 site without writing a single line of code. Wix also comes with built-in web hosting and gives all users a free domain for one year (after the first year, you have to pay an annual renewal fee).
Wix also includes advanced security and reliability measures such as secure payment gateways (for e-commerce sites), TLS 1.3 encryption, automated and redundant site data backups, and 24/7 monitoring and optimization by Wix professionals.
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If you don’t want to use Wix and built-in hosting, you can sign up with an independent web host like Bluehost and run a website on WordPress. This hosting service is not only cheap but also offers a free domain for the first year.
The good news is that none of these three things take much time and you can be up and running on your website in no time.
Serving nobody and everybody will get you nowhere. Instead, you should produce customized products, services or content that appeal to your target audience.
But how do you choose your target market? The definition of a target market is a specific group of people who are interested in your products or services.
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So, your niche is the industry or industry that 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. In this case, your target audience will be high-income homeowners who live in the neighborhoods you serve.
Also, 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.
Pick a niche and stick with it. Based on this, establish a brand image and brand voice to build a loyal customer and visitor base.
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At this stage, you have a plan, a website and you know your target audience. However, you can’t make money from a blank page with no web pages. So your next step should be to create relevant content and add different pages to your site.
Content creation is an ongoing process where you learn something new every day. Results will take time, but if you are consistent and follow the best practices, you will definitely see them.
The first thing you want to work on is the navigability of your website. This includes creating an SEO-friendly site structure and then working on specific pages. Here are the nine website elements you need:
But it is very important to start with the structure of the site. Decide which menus and different pages you need for your website and how users will navigate each. For example, at the top, sidebar, or footer of your site, visitors can find your store, about page, contact form, blog, and more. There may be a menu that you can click to view.
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Your agenda should be to produce high-quality content published according to your site structure. Here are some examples of content that can get you started:
Whether you’re selling physical products, digital services, or an affiliate, every website needs high-quality content. Don’t make the mistake of dismissing content as duplicate; important — a
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