How can we make money through our Website or Blog?

Must be honest and helpful

I assume that we all know what is a blog.It is shared information about a person, product, or something that has a website link attached ;and monetized by the addition of a payment link.e.g using Google Adsense you can make money by simply allowing ads from Google to be displayed on your blog site.

Simply By google adsense!

Join large Social/Business networks where you will find many contacts and advertise your website/blog

Use the banner rotator feature from many of the safelist traffic exchanges to promote your site, blog, and/or affiliate products.

Yes you can make money from your blogs/website.....please read very carefully all above suggestion.

All of the suggestions above are very good.
It really depends on what the site is "all about"
Too many blogger fill their site with ad or irrelevant items.
If you have a "blog" about golf, be sure you affiliations and ads reflect GOLF focused items, (Training DVDs, equipment, etc)
In the beginning, we suggest to our clients, to ficus on building loyal readership and subscriptions the add ads slowly and always Below the "fold"
We sell ads on the blogs and websites, we control and prove to the adv

You can make money by promoting affiliate products, placing ads, selling ads space, promoting affiliate programs etc.

Most simple & easiest way is putting Google Adsense ....hope will will success

we can share our biz on our blog so our friends can join and you can make money

Good question Lokesh, You can make money with your website or blog
1.By putting some ads on and driving traffic, like google adsense, chitika or other affiliate programs found in affiliate networks like linkshare, clickbank, Commission junction etc.
2. By selling products that you own like old stuffs, ebooks.
3. Offering free or valuable stuffs in exchange of your subscribers name and email, in other words building a list.
4. lastly by creating a paid website that offers monthly residual incom

By offering something like a free report if someone joins your list, then you recommend things to people on your list

Borsche is right. And you can sell digital items too (I can help you in this thing) and you can advertise on your site too.
The possibilities are as high as the sky :)

You can sell something on your website or blog. Then you can earn money. If you do not have products, we can help you. We can offer high quality security cameras. Our brand is Borsche from China.