There are two ways to make money; one is active and the other one is passive. Everyone knows that ‘how to make active income’ and most of the people are directly link with active income. To make passive income is something different where you need some mental ability plus planning. If your planning is good, you can earn a passive income more than your active income without doing extra efforts. To make money from a website is a kind of passive income. But for many people, earning money from a website is like a dream. In fact, it is not as difficult as people think but it is not as easy also. If your planning and execution are well, not only you can make money from a website; you can provide employment to others also. So let’s understand ‘how to make money from a website’.
Affiliate marketing is one of the most popular ways to make money from a website. You can earn around 30% – 70% of income from promoting products as an affiliate. Affiliate marketing is an arrangement between your website and a company whereby you direct potential customers towards their site.
There are two different ways of generating profit from affiliate marketing: CPC (Cost Per Click), or CPA (Cost Per Acquisition). CPC is where you receive money every time someone clicks a link on your website that sends them to the affiliate (Partner Company). In CPA, you don’t receive money unless that user actually ‘converts’ – i.e. buys a product or signs up to a service from the affiliate. As expected, CPA makes a higher income than CPC.
If you’ve visited any website, you must have been seen Google AdSense. Google AdSense allows publishers to tap into Google’s immense advertising network so that other advertisers can run ads on their website. You get paid each time if someone clicks on the ad. One of the cool things about Google AdSense is that it’s so easy to get set up. Just to sign up in a free Google AdSense Account. Google will give you a unique code. You need to enter that code onto your website. That unique code identifies the content of your website; track your page views & traffic, and then Google will start displaying relevant advertisements. For example, if you have a car and two wheeler website, Google AdSense will start showing vehicle insurance ad to your website visitors.
Sell Advertising Space:
This is also one of the most popular and easy ways to make money from a website. You can sell your website space directly to companies looking to sponsor different blogs. You can sell your ad space with a price for each space. You can make money in many different ways such as Pay Per Click, Pay Per 1000 Views or Pay Per Time Frame.
Sell Your Own Digital Product:
Almost all successful websites and famous bloggers launch their own digital products like e-book, classrooms, teaching videos, etc. For them, it is very easy to create, publish, and sell to that product directly or indirectly. Because that product is yours so there is no middle man that means the entire profit is yours. This approach seems fairly straightforward because you can simply sell these products directly through your website and get paid immediately.
Sell Sponsored Posts:
If your website is popular, you can also make money by pursuing sponsored posts and ads. For example, many companies go out of their way to look for blogs that will feature their sponsored content. If you have a platform, be it a blog or a huge Instagram following, you can make money. Make sure, in order to keep your reputation intact, you’ll only want relevant sponsored posts that fall in line with your visitors’ interests.
There are many more ways to make money from a website. In the second part of this blog, you will find many more different ways to make money.