How to Make a Huge Income from Website
When it comes to finding ways to monetize your website and making money online, the best thing I have found, is to use a variety of different techniques and to always be testing.
Every website is different and needs to be treated differently.
It will take a while to work out how to best make money from a website. If something doesn’t work, try something else. Don’t just give up. The main reason people fail with blogging, isn’t because their idea or website is bad but because you give up too soon. The first step is start with some idea and work on it.
Here are the few ways that you can monetize your website:
1. Email Marketing
Building an email list can make you a lot of money, help you build a solid brand and of course help readers come back to your site, time after time.
Email marketing can be seen to make you money in a few different ways, such as direct email promotions, to deliver free reports that are monetized and my favorite, to drive traffic back to your site where you make money from other methods.
2. Create & Sell Your Own Digital Product
Personally I think your first steps would be to ask your audience what they want to know more about, create a product around that and sell it!
3. Offer a Membership Site or Premium Content
This technique has become more and more popular over the last few years.
The idea is simply, people come to your website because they want to read your content. They love it and want more. So you offer them even better content, for a price.
Your first step should be to work out what you’re going to offer. Then, you will want to go ahead and create a membership area for them to login and see the information you’re selling.
4. Write Tutorials & Promote Something
Content is what everyone is after, that’s why they come to your website, so create content which includes them buying something so that when they do buy, they buy via an affiliate link, and make you money!
What I do to create a tutorial, is I start with the product, find one that you are using and you get a lot out of, it of course needs to have an affiliate program. Then do a tutorial about doing something using that tool.
5 .Sell Your Website
Definitely my favorite of all the above and also the one that pays the most.
Selling your website can make you very wealthy, or it could be just a nice retirement fund. Whatever it is, it can be a great way to get a large lump sum of cash.
Typically, websites sell for 12 – 24 months revenue, however if your site is old, has something unique about it or is the authority in your industry then you can expect any figure you want. I have seen some blogs go for over 200 years revenue and it didn’t even make $100,000 a year.
Work hard and it will pay off.