subject: 3 Outside-The-Box Approaches To Monetize Your Website of Blog [print this page] 3 Outside-The-Box Approaches To Monetize Your Website of Blog
3 Ways Your Website Can Earn More Money for You
One of the great things about the net is almost anybody can make a site, monetize it, and send traffic to that site. The tough part, for most, is generating a solid and sustainable income from that site.
Even if you are aware of various monetization techniques, there is still a body of working knowledge that is a part of that method. It comes down to common sense and some discipline to do the smart thing by getting some knowledge prior to getting started. Once you are sure that your target audience will be comfortable with a certain method, then go for it. Today, we will show you 3 effective monetization methods that quite a few online marketers have demonstrated to work well.
There is one method that works well, but we don't see it often; it's called sponsored reviewing.
There's a company that started this method, PayPerPost, and since then other companies have done similar things. The way this works is you register with a site using this model, and then you choose a topic (supplied to you) and write a sponsored post. When you think about this approach, it's a win-win situation because people will pay you to post content, but you also have to ensure you're getting traffic and promoting so they will benefit. However, if your blog has a large audience base, then you can offer sponsored reviews on your own, without any of these marketplaces interfering. If you prefer to get paid per impression instead of per click, you can try CPM advertising. CPM is for Cost Per Mille, which means cost per one thousand impressions; quite a few networks handle this type of advertising. This is more for established rather than newer sites or blogs, as you'll need quite a bit of traffic to receive all the impressions you need.
A good method to make the most out of your website in terms of monetization is to create premium content and give access to it for a price. If you want something to jog your brain; structure your site so people can read a little bit of the content, and then you simply let them know the rest is available for some set fee. Not everyone will want to buy a subscription, although many will, and so in addition you can offer one-time purchases. If you start paying attention, you'll see thousands of businesses utilizing this approach.
So we have examined only three monetization methods, and rest assured there are hundreds of them being used. It's smart to try to build your business and include as many ways to generate revenue as possible, so keep a look-out for them. The smart business owner never allows their business to stagnate or stop building.
