Which Monetization Method is Best for Your Site?

by Simon Hopes Author

Trying to make money from your site?

If yes, you need to know the monetization methods available to you.

Those would be…

·         Ads.

·         Affiliate Marketing.

·         Selling Your Own Product.

Pretty simple right?

Well, not really. You need to pick the methods that match your business model. Because you shouldn’t waste time on monetization that doesn’t work for you.

This is what we’ll do today. We’ll discuss each monetization method, and who it suits most!

#1 – Advertising.

You can place ads on your site. You can make money from clicks, impressions, or as a staple monthly fee.

But, not all sites work well with ads. In fact, some websites can lose money if you put ads on them!

Example.

Specialist services can’t place ads.

Let’s say you’re selling contracting services. You want a website dedicated to just that – and nothing else.

Your whole aim should be getting traffic your services. So adding other people’s ads is counterintuitive.

Who Do Ads Work For?

They work for content creators.

If you run a blog, podcast site, or even a video database, you can add advertising. It’s probably the default method for those models to make money.

#2 – Affiliate Marketing.

It’s the next level of advertising. But here, you’re not just posting random CPC ads on your site through a mediating service…

Instead, you place specialized ads. And sometimes, you don’t place ads at all!

With affiliate marketing, you deal directly with the product seller. You market their product “smoothly” in exchange for a commission per sale.

Who This Works For.

Any website that analyzes thing in depth benefits from affiliate marketing.

Do you run a book review website? If yes, this is a good way to monetize, by reviewing the books you market.

Or maybe you run a tech site? If yes, you can redirect readers to online stores for the items you review!

It’s a perfect way to make money through knowledge expertise.

#3 – Products.

In the evolution of your online monetization – this is a final stage.

You sell products to people after you’ve established good traffic. And if you get to that point, you probably don’t need the previous 2 options.

But sometimes, selling products is all you can do.

Again, this applies to sites that sell specialized products and services – where you shouldn’t be marketing others!

Seems Like a Lot of Info to Digest…

It is, but no worries.

Why? Because you should be outsourcing your monetization strategy to an expert.

One we recommend is Absolut Click. This online advertising agency will provide you a model tailor fit for your site!

And their pricing strategies are diverse too!

Visit their site, and check out their services!

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Created on Sep 24th 2018 01:17. Viewed 225 times.

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