Thursday, 19 April 2012

Make Money From Website – Top 10 Ways

There are many ways to make money from a website or blog. However making money from website or blog requires hard work and persistence. In order to make money from your website, it is important that your website receives high traffic and offers potential of growth within your niche.
Making money from your blog has become common today. Professional blogging and web publishing has established itself as a profitable medium for making money on the internet today. If you have a website or blog that offers value to your visitors, you can start to make money by using the methods listed here.
You are not alone to want to make money from your website. An increasing number of bloggers and website owners are successfully making a full time living from their site. In this article I will discuss some of the methods to make money from your website or blog.

Top 10 Ways To Make Money From Website

1. Google Adsense
Adsense is by far the most popular method of making money from your website. Most websites and blogs use Adsense. It is free to join and easy to implement. All you need to do is register and use a few lines of provided code anywhere on you website or blog where the ads will be displayed. Google studies the content of your website and will display contextual ads that are related to your content.  It uses two of the most popular methods to calculate your earnings, pay per click and pay per 1000 impressions. Adsense continues to be one of highest earners for most successful websites and blogs.
2. Chitika
Chitika is another ad platform for websites that displays contextual ads that are related to your website content. It offers a larger variety of ads to choose from that Adsense.  Like Adsense, it is very easy to implement on your website, by simply including a few lines of html code that is provided, on any part of your website or blog. Chitika’s e-MiniMalls and Shoplincs formats display product ads on your website that are related to your keywords. Chitika can be used on your site in conjunction with Adsense. Adsense terms allow a maximum of 3 ad units on a single page. You can however display additional ads from Chitika side by side, thereby being able to display more than 3 ad units on your page if required.
3. Amazon Associates
Amazon Associates is an affiliate program that allows you to make money from your website or blog. It is free and easy to join. Unlike Adsense and Chitika, you do not earn on pay per click or pay per 1000 impressions but instead earn commissions on sales of Amazon products on your website or blog.
Amazon Associates allows websites to display Amazon products by including one of the available widgets on your website.  There are a range of Ad slots and options available for you to choose from. Although its widgets are most popular on websites or blogs, you can also create a full e-commerce shop for its products. At 4% commissions are small but can add up based on total volumes of sales.
4. Private Sponsored Ads
Sponsored ads or banners sold directly to others have the potential for turning into a highly profitable revenue stream for your website or blog.  125px by 125 px banners ads on blogs are the perfect example. Popular websites that command a high traffic can charge hundreds per month for a single ad unit on their website. Unlike other types of ads listed here, private ads can have a fixed permanent income per month.  However, this type of Ad is only feasible on popular websites that receive a high traffic. Thus, if your website is new, it can take time before you can generate income from private banner ads on your website. It also requires administration to manage the process as advertisers pay directly.
5. Shopzilla
Shopzilla is fairly new system for displaying ads on your website or blog. Although it is relatively new compared to some other platforms,  Shopzilla has proved effective for many websites and blogs. It has received good reviews from many professional bloggers who have been impressed by its performance and earning potential. It is similar to Chitika in many ways although it does not offer as many options and variations. Shopzilla may be new, but it offers higher click values than some other ad platforms and offers promising potential.
6. Receive Donations on your website or blog
Accepting donations on your site is another common method for generating revenue. This is most commonly found on blogs.  It is usually in the form of a simple ‘Donate’ button displayed on blogs. Popular blogs that offer valuable content to readers have been able to use this method successfully to generate revenue.  It may not be the best method however for blogs like Steve Pavlina.Com, it have proved to be one of the highest sources of income every month.  This method can only work on some sites or blogs and results are not consistent. It is nevertheless very easy to implement and worth a try, especially as some blogs manage to generate significant revenue via this method.
7. Yahoo Publishers Network (YPN)
Yahoo Publishers Network, commonly known as YPN is almost identical to Google’s Adsense. It works similar to Adsense and is free to use. Like Adsense publishers can choose from a range of Ad sizes to display on their website or blog. One of the biggest disadvantages of Yahoo Publishers Network is that it is only available to US customers. Because of this, it is currently not accessible to most bloggers and site owners. In future it is expected to become available to websites and blogs internationally.
8. E-Books or Paid Content
Offering paid content to your visitors is another popular and very effective method to earn money from you website. E-Book is one of the most common type of paid content. Subscription based members only websites is another method that has been used successfully by many internet entrepreneurs to make money from their website. In spite of its potential, it is quite challenging.  Offering paid content requires a lot of research, effort and time.
Nevertheless this method offers one of the highest earning potentials. Successful subscription based websites and e-Books have made millions. Many professional bloggers have succeeded by packaging content from their blog into e-Books that can then be sold on their blog or via other sources such as Clickbank.
9. Help sell others’ products (Affiliate Marketing)
Selling products made others on your website or blog is another very popular method for making money. Amazon Associates programme discussed earlier in this article is also a form of affiliate marketing however there are many others. In this method, your earnings are based on commissions received by selling other’s products on your site. There are many businesses that offer commissions on sales of their products or services. You can either include a direct link to their products or write a review together with a link to buy the product. You earn a commission whenever a visitor from your your website goes to the affiliate site and makes a purchase.
Affiliate marketing differs from other methods such as Adsense because you get paid only when a visitor makes a purchase as opposed to the number of Ad clicks or impressions.  The earning potential is high as it is a percentage of the sale. It requires significant effort to sell products however if you are successful, it can be a long term source of income.
Ebay Partner Network and ClickBank. Com are two popular places to find affiliate products to sell on your website.
10. WidgetBucks
WidgetBucks advertises itself as the most viable alternative to Google Adsense.  It allows you to include widgets on your website or blog where products are displayed. Although WidgetBucks displays products on your website, your Earnings are based on Pay per click as opposed to on sales commissions. A key difference between this and other ad systems is that products ads are rotated dynamically on a page without refreshing the page.  This allows more products to be displayed within the same allocated space as compared with other Ad networks. Theoretically, this can improve the chances of conversion.
You can select the size of the widget, product categories and rotation interval between 1 to 10 seconds.  It is one of the easiest ad platforms to use for publishers. Bloggers have found WidgetBucks particularly effective on sites that offer product reviews. WidgetBucks currently offer a $25 sign-up bonus.

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