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28 Ways to Make Money with Your Website

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28 Ways to Make Money with Your Website Powered By Docstoc
					28 Ways to Make Money with Your Website
There are several lists with “ways to make money with a website” on the Internet, but none of
them seem to be complete. That is why I decided to create this one. If you know a method
that is not listed below, just let us know and we’ll update it.




Notice that ways to make money with a website are different from ways to make more money
from it. Methods to increase your traffic or click-through rate will help you make more
money, but they do not represent a method of making money per se.

For example, one could suggest that blending AdSense ads with the content is a way to make
money from a website. In reality it’s not; it’s just a way to make more money by improving
your ad click-through rate. The real monetization method behind it is a PPC ad network.

The list is divided into direct and indirect methods, and examples and links are provided for
each point. Enjoy!

Direct Methods

1. PPC Advertising Networks

Google AdSense is the most popular option under this category, but there are also others.
Basically you need to sign up with the network and paste some code snippets on your
website. The network will then serve contextual ads (either text or images) relevant to your
website, and you will earn a certain amount of money for every click.

The profitability of PPC advertising depends on the general traffic levels of the website and,
most importantly, on the click-through rate (CTR) and cost per click (CPC). The CTR
depends on the design of the website. Ads placed abode the fold or blended with content, for
instance, tend to get higher CTRs. The CPC, on the other hand, depends on the nice of the
website. Mortgages, financial products and college education are examples of profitable
niches (clicks worth a couple of dollars are not rare), while tech-related topics tend to receive
a smaller CPC (sometimes as low as a couple of cents per click).

The source of the traffic can also affect the overall CTR rate. Organic traffic (the one that
comes from search engines) tends to perform well because these visitors were already
looking for something, and they tend to click on ads more often. Social media traffic, on the
other hand, presents terribly low CTRs because these visitors are tech-savvy and they just
ignore ads.

List of popular CPC advertising networks:

      Google Adsense
      Yahoo! Publisher Network (YPN)
      BidVertiser
      Chitika
      Clicksor

2. CPM Advertising Networks

CPM advertising networks behave pretty much as PPC networks, except that you get paid
according to the number of impressions (i.e., page views) that the ads displayed on your site
will generate. CPM stands for Cost per Mille, and it refers to the cost for 1,000 impressions.

A blog that generates 100,000 page views monthly displaying an advertising banner with a $1
CPM, therefore, will earn $100 monthly.

CPM rates vary with the network, the position of the ad and the format. The better the
network, the higher the CPM rate (because they have access to more advertisers). The closer
you put the ad to the top of the page, the higher the CPM. The bigger the format (in terms of
pixels), the higher the CPM.

You can get as low as $0,10 and as high as $10 per 1,000 impressions (more in some special
cases). CPM advertising tends to work well on websites with a high page views per visitor
ratio (e.g., online forums, magazines and so on).

List of popular CPM advertising networks:

      Casale Media
      Burst Media
      Value Click
      Advertising.com
      Tribal Fusion
      Right Media

3. Direct Banner Advertising

Selling your own advertising space is one of the most lucrative monetization methods. First
and foremost because it enables you to cut out the middleman commissions and to determine
your own rates. The most popular banner formats on the web are the 728×90 leaderboard, the
120×600 skyscraper, the 300×250 rectangle and the 125×125 button.

The downside of direct banner advertising is that you need to have a big audience to get
qualified advertisers, and you will need to spend time managing the sales process, the banners
and the payments.

Related links:

      How to Find Advertisers for Your Website
      Finding Advertisers for Your Blog
      Direct Advertising Sales for Beginners
      Openads Ad Server
      OIO Publisher Ad Platform

4. Text Link Ads

After Google declared that sites selling text links without the nofollow tag would be
penalized, this monetization method became less popular.

Many website owners are still using text links to monetize their sites, though, some using the
nofollow tag and some not.

The advantage of this method is that it is not intrusive. One can sell text links directly through
his website or use specialized networks like Text-Link-Ads and Text-Link-Brokers to
automate the process.

Text link marketplaces and networks:

      DigitalPoint Link Sales Forum
      Text-Link-Ads
      Text-Link-Brokers
      TNX
      LinkWorth

5. Affiliate Marketing

Affiliate marketing is a very popular practice on the Internet. Under this system you have a
merchant that is willing to let other people (the affiliates) sell directly or indirectly its
products and services, in exchange for a commission. Sometimes this type of advertising is
also called CPA (cost per action) or CPL (cost per lead) based.

Affiliates can send potential customers to the merchant using several tools, from banners to
text links and product reviews.

In order to find suitable affiliate programs you can turn to individual companies and
publishers like Dreamhost and SEOBook, or join affiliate marketplaces and networks.

List of popular affiliate marketplaces and networks:
      Commission Junction
      ClickBank
      Azoogle Ads
      Link Share

6. Monetization Widgets

The latest trend on the web are widgets that let you monetize your website. Examples include
Widgetbucks and SmartLinks. Some of these services operate under a PPC scheme, others
behave like text link ads, others yet leverage affiliate links.

Their main differentiator, however, is the fact that they work as web widgets, making it easier
for the user to plug and play the service on its website.

List of companies that provide monetization widgets:

      WidgetBucks
      ScratchBack
      SmartLinks

7. Sponsored Reviews

PayPerPost pioneered this model, with much controversy on the beginning (related to the fact
that they did not require disclosure on paid posts). Soon other companies followed, most
notably Sponsored Reviews and ReviewMe, refining the process and expanding the paid
blogging model.

Joining one of these sponsored reviews marketplaces will give you the opportunity to write
sponsored posts on a wide range of topics. Not all bloggers are willing to get paid to write
about a specific product or website (because it might compromise the editorial credibility),
but the ones who do are making good money out of it.

If your blog has a big audience you could also offer sponsored reviews directly, cutting off
the commissions of the middleman.

List of sponsored reviews and paid blogging networks:

      PayPerPost
      Sponsored Reviews
      ReviewMe
      BlogVertise
      Smorty

8. RSS Feed Ads

With the quick adoption of the RSS technology by millions of Internet users, website owners
are starting to find ways to monetize this new content distribution channel.
Feedburber already has its own publisher network, and you can sign-up to start displaying
CPM based advertising on your feed footer. Bidvertiser recently introduced a RSS feed ad
option as well, with a PPC scheme.

Finally, some blogs are also opting to sell banners or sponsored messages on their feed
directly. John Chow and Marketing Pilgrim are two examples.

Related links:

      Feedburner
      BidVertiser
      Pheedo

9. Sponsors for Single Columns or Events

If you website has specific columns or events (e.g., a weekly podcast, an interview series, a
monthly survey, a special project) you could find companies to sponsor them individually.

This method increases the monetization options for website owner, while giving advertisers
the possibility to target a more specific audience and with a reduced commitment.

Mashable illustrates the case well. They have several advertising options on the site,
including the possibility to sponsor specific columns and articles, including the “Daily Poll”
and the “Web 2.0 Invites.”

Problogger also runs group writing projects occasionally, and before proceeding he publicly
announce the project asking for sponsors.

10.Premium Content

Some websites and blogs give away part of their content for free, and charge for access to the
premium content and exclusive tools.

SEOMoz is a good example. They have a very popular blog that gives advice and information
on wide range of SEO related topics. On top of that visitors can decide to become premium
members. It costs $48 monthly and it grants them access to guides, tools and other exclusive
material.

11. Private Forums

While the Internet is populated with free forums, there is also the possibility to create a
private one where members need to pay a single or recurring fee to join.

SEO Blackhat charges $100 monthly from its members, and they have thousands of them.
Obviously in order to charge such a price for a forum membership you need to provide real
value for the members (e.g., secret techniques, tools, and so on).

Performancing also launched a private forum recently, focused on the networking aspect. It is
called The Hive, and the monthly cost is $10.
These are just two examples. There are many possibilities to create a private and profitable
forum, you just need to find an appealing angle that will make it worth for the members.

List of popular forum software:

      vBulletin
      Simple Machines Forum
      phpBB
      Vanilla

12. Job Boards

All the popular blogs are trying to leverage job boards to make some extra income. Guy
Kawasaki, ReadWriteWeb, Problogger… you name it.

Needless to say that in order to create an active and profitable job board you need first to
have a blog focused on a specific niche, and a decent amount traffic.

The advantage of this method is that it is passive. Once you have the structure in place, the
job listings will come naturally, and you can charge anywhere from $10 up to $100 for each.

List of popular job board software:

      JobThread
      Web Scribe Job Board
      SimplyHired Job-o-matic
      Jobbex

13. Marketplaces

Sitepoint is the online marketplace by excellence. Some websites and blogs, however, are
trying to replicate that model on a smaller scale.

Depending on your niche, a market place that allows your visitors to buy, sell and trade
products could work well. Over the time you could start charging a small fee for new product
listings.

The problem with this method is that there are no standard software on the web, so you would
need to hire a coder to get a marketplace integrated into your website.

You can see an example of a marketplaces being used on EasyWordpress and on Mashable.

14. Paid Surveys and Polls

There are services that will pay you money to run a small survey or poll on your website. The
most popular one is called Vizu Answers.

Basically you need to sign up with them, and select the kind of polls that you want to run
your site. Most of these services operate under a CPM model.
15. Selling or Renting Internal Pages

Million Dollar Wiki made this concept popular, but it was being used on the web for a long
time around (check Pagerank10.co.uk for instance).

These websites sell for a single fee or rent for a recurring fee internal pages on their domain.
Usually they have either high Pagerak or high traffic, so that people purchasing a page will be
able to benefit in some way.

Implementing this method on a small blog would be difficult, but the concept is interesting
and could be explored further.

16. Highlighted Posts from Sponsors

Techmeme probably pioneered this idea, but somehow it has not spread to other websites.
The tech news aggregator displays editorial posts on the left column, and on the sidebar they
have a section titled “Techmeme Sponsor Posts.”

On that section posts from the blog of the advertisers get highlighted, sending qualified traffic
their way. Considering that the monthly cost for one spot is $5000 and that they have around
6 sponsors at any given time, it must be working well.

17. Donations

Placing a “Donate” link or button on a website can be an efficient way to earn money,
especially if your blog is on a niche where readers learn and gain value from your content.

Personal development and productivity blogs, for instance, tend to perform well with
donation based systems (one good example being Steve Pavlina).

A small variation of this method appeared sometime ago with the Buy Me a Beer plugin. This
WordPress plugin enables you to insert a customized message at the bottom of each article,
asking the readers to chip in for a beer or coffee.

18. In-text Adverting

In-text adverting networks like Kontera and Vibrant Media will place sponsored links inside
your text. These links come with a double underline to differentiate them from normal links,
and once the user rolls the mouse over the link the advertising will pop. Should the user click
on it the site owner will make some money.

Some people make good money with this method, but others refrain from using it due to its
intrusiveness. It is also interesting to note that very few mainstream websites have
experimented with in-text advertising.

19. Pop-ups and Pop-unders

Pop-ups are a common yet annoying form of advertising on the Internet. If you are just trying
to make a much money as possible from your website, you could experiment with them.
If you are trying to grow the traffic and generate loyal visitors, however, you probably should
stay away from them. Just consider the hundreds of pop-up blockers out there: there is a
reason why they are so popular.

Ad networks that use pop-ups:

      Tribal Fusion
      PayPopup
      PopupAd
      Adversal

20. Audio Ads

Also called PPP (Pay Per Play), this advertising method was introduce by Net Audio Ads. the
concept is pretty simple: play a small audio advertising (usually 5 seconds) every time a
visitor enters into your website. The user should not be able to stop it, creating a 100%
conversion rate based on unique visitors.

The company is still rolling tests, but some users are reporting to get from a $4 to a $6 CPM.
Regardless of the pay rate, though, this is a very intrusive form of advertising, so think twice
before using it.

21. Selling the Website

Selling your website could be your last resource, but it has the potential to generate a big sum
of money in a short period of time.

Market places on online forums like DigitalPoint and Sitepoint are always active with
website buyers and sellers. Keep in mind that they most used parameter to determine the
value of a website is the monthly revenue that it generates, multiplied by a certain number
(the multiplier can be anything from 5 to 30, depending on the expectations of the seller, on
the quality of the site, on the niche and other factors).

Some people also make money trading and flipping websites. They either create them from
scratch or buy existing ones, and after some revamping they sell them for a profit.

Related links:

      How To Buy A Website And Flip It For Profit
      How To Sell A Website – How Much Is Your Website Worth?
      Where to sell a website? How to go about selling it?

Indirect Methods

22. Selling an Ebook

Perhaps one of the oldest money making strategies on the web, using a website to promote a
related ebook is a very efficient way to generate revenue.
You could either structure the website around the book itself, like SEOBook.com, or launch
the ebook based on the success of the website, like FreelanceSwitch did we the book How to
be a Rockstar Freelancer.

Related links:

      Writing an ebook for your blog
      How to sell ebooks
      Processing payments for your ebook
      How to sell digital products online
      List of ebook selling software

23. Selling a Hardcover Book

Many authors and journalists leverage their blogs or websites to sell copies of hardcover
books. Examples include Guy Kawasaki, Seth Godin and Malcolm Gladwell.

While most of these people were already renowned authors before they created their website,
one could also follow the other way around. Lorelle VanFossen did exactly that with her
Blogging Tips book. First she built her authority on the subject via her blog, and afterwards
she published the book.

List of self publishing and publishing services:

      Lulu
      Self Publishing
      iUniverse
      WordClay

24. Selling Templates or WordPress Themes

As more and more people decide to get an online presence, website templates and WordPress
themes become hotter and hotter.

On this segment you have mainstream websites like TemplateMonster, as well as individual
designers who decide to promote and sell their work independently.

Brian Gardner and Unique Blog Designs are two examples of websites that make money with
the sales of premium and custom WordPress themes.

25. Offering Consulting and Related Services

Depending on your niche, you could make money by offering consulting and related services.
If you are also the author of your blog, the articles and information that you will share will
build your profile and possibly certify your expertise on that niche, making it easier to gain
customers.

Chris Garrett used a similar strategy. First he created a highly influential blog on the blogging
and new media niche, and afterwards he started offering consulting services to clients with
related problems and needs.
26. Creating an Email List or Newsletter

Email lists and newsletters represent one of the most powerful marketing and money making
tools on the Internet. They offer incredible conversion rates, and the possibility to call people
to action in a very efficient way.

Creating a big list is a difficult task though, so if you have a popular website you could
leverage it to increase the number of subscribers on your list.

Yaro Starak is a famous Internet marketer, and if you visit his blog you will notice that right
on top he has a section encouraging visitors to subscribe to his email newsletter. Yaro
generates five figures in revenues each month from his email newsletters, proving that this
method works.

List of software to manage email newsletters:

      AWeber
      SendStudio NX
      PHP Autoresponder
      Constant Contact

27. Mentoring programs

People are willing to pay for someone or something that will teach them and give them
knowledge (as opposed to mere information). Education is one of the biggest industries in the
world, and the online landscape behaves in a similar way.

Creating a mentoring program related to the niche of your website could be very profitable if
you manage to structure and promote it adequately. There is a wide range of media and tools
that you can use to deliver the information, from text articles to audio and video lessons.

Brian Clark leveraged the success of Copyblogger to launch a mentoring program teaching
people how to build membership and how to sell content online. The program is titled
Teaching Sells, and it costs $97 monthly. Sounds expensive, but they have over 1,000
members.

28. Creating a conference around the website

If your website takes off and becomes an authority on its niche, you could create a conference
around it. Depending on the size of your audience, the event could attract thousands of
people, and you could make money directly from conference passes and sponsors.

Search Engine Land, for instance, created a series of conferences that visit several cities on
the United States and on other countries as well. The conferences are called Search
Marketing Expo, and the tickets and passes cost thousands of dollars.
Top Ten Highest-paying Paid To Post!
So here's the list & hopefully you enjoy! As i've said above i'll try to update this as often as
possible or when I start making a significant different in my PTP earnings. If you're
interested in more money-making opprotunities check here. If you're interested in my guide
to PTP's check, here.If you're interested in a brief overview of Paid-TO's and PTP in general,
check out, here.

#1 MyLot Current Earnings $45.27

All you do with this site is post post post! Post about your shoes, your day at work, post about
whatever the heck you want to post about! It's all up to you. The best thing is that while
you're having fun and chatting you can make a decent profit, check it out at the banner
below!




#2 Associated Content

Consider yourself one heck of a writer? Why not post up some of your "writing" on
Associated Content & collect a royalty much like you do here on Squidoo, but it's more..
writing-toned? Great site.




#3 Helium

Helium is similar to AC above, but not quite as good on my opinion, you can still try it out
though, who knows. Maybe you'll like it better! PLENTY of opprotunities to make lot's of
cash if you're a good enough writer!




#4 Thisisby.US

This is more of a "'niche" site for writing then the other two above, but it's a great site
because not only can you earn on your writing, but you can earn just by commenting people!
So if you're one of them comment type's or once again, just like writing check this site out!
#5-#10

That's it!

Also, feel free to check out my huge lensography on a variety of other subjects such as
reviews, tips, & guides for other things, here!

Publish it yourself Lulu.comFree service which enables you to publish, print and sell books,
calendars, music, etc. on demand. There are no startup fees (nor investment fees), because
each book is printed individually (after it is ordered by one of your customers).
SmashwordsA free service that helps you publish, promote, distribute and sell your work as a
multi-format ebook. You receive 85% of the net sales from your titles. createspaceFree online
tools by Amazon.com to publish your own books (printed or eBook), music (CD or mp3)
film/video (DVD or downloadable video). TuneCoreFor a flat fee of around $ 45 TuneCore
will put your music on Amazon, iTunes and eMusic. You will remain the owner of the
copyrights and TuneCore does not receive any royalties (just the flat fee). BibliocoreFor a flat
fee they will add your eBook to Apples iBookstore. You will remain the owner of the
copyrights and Bibliocore does not receive any royalties (just the flat fee). FultusThe Fultus
print-on-demand program prints one copy of your book at a time as sales come in. Fultus
requires a minimum setup fee for a printable book of $449 and $299 for an ebook. For that
fee, you get an ISBN/Bar Code, five free copies, worldwide distribution, bookstore return and
more. Get paid to write articles BlogsvertiseEarn money by talking about certain products
and services in your blogs and journals and by placing links. Textbroker"Earn money by
writing. You do not need to be a professional writer to participate, although proper spelling
and grammar are required." Earn money by selling things eBayOnline auction and shopping
Website: sell or buy just about anything. EtsyOnline craft fair: buy and sell all things
handmade, vintage, and supplies. This can also include art, photography, clothing, jewelry,
toys. Vintage items need to be 20 years or older. Job Sites A BetterJobSearch.comFree
resources for anybody seeking for a Job: employer list, employment resources, resume
services, job search tips and more. BackdoorJobs.comAdventure jobs, outdoor jobs, summer
jobs, internships, work abroad, seasonal jobs, apprenticeships, offbeat careers, etc.
Beyond.comOnline recruiting company: search for jobs, add your resume, etc. Job Search
Engines Indeed.comFree search engine for jobs - USA only. Earn Money with your Website
BidVertiserPlace the BidVertiser text ads on your website and make money online by getting
paid for every click. Earn money through
Custom BuildsA 'custom build' of a program is a special edition you can offer for download
on your site, and which has your affiliate information built into it. This means that when the
user clicks 'register' or 'purchase' in that edition of the program, he/she will go directly to the
order page using your unique affiliate ID, making sure you receive the commission for the
sale this user generates Google AdsenseEarn money while displaying advertisements on your
Website. When visitors click on these ads, Google pays you. Along with targeted advertising
for your content pages, you can add a Google search box to your site and show targeted ads
on search results pages. MIVA Website
MonetizationCustomised solutions to monetise website traffic, such as: pay-per-click
advertising, add a Web search engine to your site and earn revenue from every click, earn
revenue from users leaving your site. RevenuePilot.comYou receive 60% of what advertisers
pay RevenuePilot per click. A variety of linking methods is available, including text links,
banners, search boxes, javascript feed, dynamic banners, etc. Earn Money through Affiliate
Programs 123inkjets.comStore selling Inkjet cartridges, photo paper, cables, toner and other
printer-related goods. Earn 27% commission on each sale you generate through a banner or
text link on your site. Affiliate Tips.comAffiliate directory, reviews on affiliate programs,
helpful articles and affilaite marketing tools. AffiliateSeeking.comWell organized directory
of affiliate programs, organized by category. AllPosters.comSell posters on your Website,
earn 25% commission on each poster you sell. Amazon.comAmazon.com is an online store
specialized in selling books, CDs, DVDs and Videos. When a visitor of your site purchases
an item from Amazon.com through a link on your site, you will receive a fee of between 5%
and 15% of the purchase price. Become a TreePad
Affiliate and earn
money!As a TreePad affiliate you can earn 25% commissions on any sales you make!
Grateful to all TreePad users, who have been TreePad's best advertisers, we are now happy to
offer you this excellent possibility of earning money. Sign up is free and open to anyone
interested.
ClickbankPromote and sell your own products or promote other products and receive a
commision on each sale which you generate. clixGaloreBuild your own affiliate program and
boost your sales, leads and website traffic by promoting and building your own large 'pay for
performance' sales team. Commission junctionOver 1000 advertisement programs to choose
from. Real-time tracking, reporting and analysis of impressions, get paid monthly by check,
etc. eBayOnline auction house. Earn $5 for each new client who signs up with eBay, earn
$0.05 for each bidder at eBay. Also: eBay affiliate University for improving your
performance. Limitation: US based affiliates only at this time. iDonovan.comOnline
recruiting company. Pays $ 20-30 USD for each referred sale. iPowerWebWebhosting
company. Receive $65 (Tier 1) and $5 (Tier 2) in commission for every new customer
LunarPages WebhostingWebhosting company. Earn $52.00 for each new customer (Tier 1)
and $ 5 (tear 2). PayDotCom.comPromote products and earn commissions as a PayDotCom
affiliate. PayPal-related.