Website monetization is the process of converting existing website traffic to revenue. No matter the kind of website you own, you can make a profit from it if you put in the right work and effort. However, before a website can be monetized, some conditions have to be met.

In this article, we have stated some of these conditions:

Quality content: The first thing you must keep in mind is that nobody is interested in wasting their time on a website that has nothing to offer. Therefore, if you hope and plan to earn from your website you have to spend time and effort creating and sourcing for valuable content. Your content should either educate, entertain or engage your website visitors. If it’s not doing any of this, then it’s crappy.

Website optimization: After you have created those relevant and valuable content and are ready to share the next thing to do is to optimize your website for search engines to drive targeted traffic. Search engine optimization (SEO) is the art and science of driving targeted website traffic to your website from search engines. Optimizing your website for search engines will enable your website to appear in search engine results pages (SERPs) when people search for your keywords or anything related to your content. If done properly, you might even appear on the first result page.

Analytics: Now that your website is properly optimized, your website should have started getting traffic. Provided your contents are valuable and relevant, your traffic will grow over time. As its growing, you would need to keep an eye on the activities on your website and analyze them. To achieve this, you will need to make use of analytics tools. Examples of these tools are google analytics, crazy egg, kissmetrics and so on. Some analytics tools are free, while some are not. But for a start, you can make use of free ones.

Now that you have met all the conditions above, it is time to start making money.

10 ways to make money from your website.

Pay per click advertising (PPC): Pay per click advertising is a form of advertisement that marketers use on their website to earn money. It is an advertising model where marketers and publishers earn an income when readers click on an advert on the website.
Networks such as google adsense, bidvertiser, revcontent, among which Google Adsense is the most popular offer this form of advertising.

This method of earning works if you have quality, relevant and optimized content on your website. You need to carefully insert keywords into your contents so that Google or any other PPC platform can determine the ads to serve your website. This is because matching the ads to the content on the page will increase the chance of the ads being click on.

It is very easy to make money from your website with Google AdSense because it is easy to set up. Also, you will easily get help from support forums if you ever get stuck.

The best part is that Google pays between the 21st and 26th of every month.

How to make money on your website with Google AdSense:

Read the terms and conditions and make sure your website meets all the criteria.
Sign up for Adsense and wait for approval
After you have been approved, Embed the JavaScript code you will be given into a widget
Place the ads anywhere you like
Start earning.

Selling Ad space: In this method of earning, publishers/marketers sell ad space directly to advertisers. Ad spaces can take the shape of side banners, links, or small pop-on. The pricing of these spaces can vary- you have total control overpricing.
This form of advertising relies more on conversion rather than traffic. You need to have a high conversion rate in order to earn. While selling ad space is time-consuming it guarantees more earning than PPC advertising.

So, how do you let advertisers know you are selling ads space?

BuySellAds is one of the places you can get advertisers to buy your ad spaces.

Affiliate marketing: Affiliate marketing is a popular way of earning money from your website. It is an advertising model whereby companies pay publishers for every sale they make for their products.
To start with affiliate marketing, sign up on any affiliate marketing programs. Once you have signed up and have an account, select the products you believe you can sell (i.e. product that will be beneficial to your target audience) and promote them on your website. If you are good at writing reviews, you can even write reviews for the products.

When any of your readers click on the advert to purchase the product, or any purchase is made through your affiliate link you will get a commission. The average affiliate commission rate could range from 5% to 30%.

Here are some affiliate marketing networks you can sign up on:

Amazon Associates

ClickBank

eBay Partner Network (EPN)

To continue reading, kindly follow the link. https://idealdigitech.com/2019/10/18/10-ways-to-monetize-your-website/

Following!

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