There are so many different ways to earn money from a website. Nevertheless, that doesn’t mean that every site will be profitable. To get to that point, you need to gain lots of traffic, whether via Google, social media, or other websites. However, once you start getting visitors, the number of options exponentially increases.
A website owner can make money from ads, donations, guest posts, email campaigns, renting pages, monetization widgets, and even things such as domain brokerage. In most cases, choosing the right method for your site is much more important than selecting the most popular approach.
In this article, we will go through the 10 best methods for making a profit from a website and certain things you need to consider along the way.
Methods to Make Profit From A Website
1. Guest posts
Once you gain enough traffic, you can allow people to guest post on your website. The main reason why you would offer sponsored posts is so that the people can link back to their domain, thus improving SEO. Guest posting is crucial for optimization, so there is always money to be made with this service. On average, a company charges from $50 to $100 for sponsored content, but you can earn more than a few hundred for each one of them.
2. Selling products
The second most common method is selling products. Keep in mind that you’ll need to create a Shopify account or use some other, similar platform. Selling products can be hard for people with limited experience, but if done right, it can yield enormous profits.
3. Selling courses
Some people set up a website just so they can sell their courses (or courses). These are usually influencers who already have a sizable following and want to earn money by sharing their knowledge with others. While there is usually a limited number of places for each one of these courses, they can earn you several thousand dollars per person.
4. Conversion via emails
Among others, you can utilize your site to create massive email lists. As the visitors subscribe, you will gain access to lots of addresses, which you can later on use for your campaigns. Depending on your success and the size of your website, you can even sell these lists to third-party companies.
5. Conversion via social media widgets
You can do something similar with social media widgets. If it’s too troublesome to set up an online shop on the website, you can always offer products and services through your social media page. This is even better if the majority of your visitors come via Facebook, Instagram, or some other network.
6. Get donations
Although this isn’t a great approach for every website, it can still be profitable in certain cases. Donations are optimal for businesses and entrepreneurs with high engagement rates. If you also have a YouTube channel or a podcast or provide some other service to the community, people will be more inclined to support you.
7. Selling e-books and digital products
Like with physical products, you can earn lots of money by selling digital items. A good example of this is e-books. However, you can sell just about anything as long as you can protect it and people can download it.
8. Subscriptions for readers
The biggest news websites make the majority of their profits via monthly subscriptions. Although you can still advertise and implement other marketing methods, the subscriptions can become the brunt of your profits. Keep in mind that your articles have to be great, and relevant and that you need to establish a large followership/reputation before even trying this approach.
9. Online teaching and webinars
Online teaching has become a prevalent method of gaining an education. This is especially noticeable since the onset of the COVID crisis, as most educational institutions don’t have a better way of teaching their students. Online teaching is especially common in certain digital niches, such as IT education, where you can access all the material online. However, you can implement this approach for just about anything. The same goes for webinars. They can be a great method for earning money if you don’t want to create massive courses but still want to make money teaching.
10. Selling pages
Selling pages is probably the least common method on the list. Basically, you can rent or sell specific pages on your website. As you can presume, these are usually pages and articles that are at the top of Google for certain keywords. A user can then utilize them to promote their site, products, and services.