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A Question of Monetization

Written by Sean Valant

Monday, December 10th, 2012

Monetization of a website can be tricky business.  Some individuals seem to have the golden touch, while others simply can’t manage to profit the proverbial two pennies to rub together.

Fundamentally, monetization is the process of converting website traffic into revenue.  Theoretically, there are many ways in which to accomplish this; we’ll discuss a small number of them.  Be aware that the stories of failure, on the whole, outweigh the stories of success.  Without risk though, there is no reward; some people are able to make their living entirely by the means mentioned below.  At the very least, perhaps you can end each month with a few more coins in your pocket.

 

Google Adsense:

Clearly one of the most popular means of generating revenue with your existing website it to sign up for a service like Google Adsense, whereby you add additional code to your website that facilitates the placement of contextual ads within your site, in hopes that your visitors will click on them.  How much money you stand to make depends on how much traffic your site generates and how many of your visitors do actually click on any given ad.

 

Banner Advertising:

Banners are essentially clickable graphics that you place on your website that advertise and link to another site, which then generally pays you for each visitor that clicks the banner.  Conversely, some agreements are contingent upon the person not only clicking the banner, but then also making a purchase on the target website which could then potentially earn you a commission for that sale.

 

Affiliate Programs:

Essentially what affiliate programs do is to pay you to refer people to them.  As an apt example, HostGator has a rather successful affiliate program whereby we pay you to refer Customers to us: http://www.hostgator.com/affiliates.shtml  …you simply place a link on your website that someone then clicks on to sign up with HostGator, and we then pay you.

 

Donations:

If you feel the quality of your website is worthy of people simply handing you money, then by all means you may certainly ask for donations.  Paypal makes it incredibly easy for people to give you money with the simple click of a mouse.

***

There are numerous other means of generating revenue online, some more respected than others.  For example, you could run pop-up/pop-under ads, but those are generally considered a more of a nuisance than anything else.   You can offer memberships to premium content, if that is applicable.  Offering something for sale is always an option; perhaps even an ebook on how to monetize websites.

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Random, Tips and Tricks, Web and Hosting Tips
Comments

8 Responses to A Question of Monetization

  1. hcd says:

    been trying this, not too successful yet but amazon affiliate has been the best so far

    • MzBaker says:

      I havent had no luck with amazon :( I been on google adsense for 2 years and just over 56.00 I’ve earned lol takes a while

  2. Arta says:

    You know guys?! I love Hostgator and their services! they’re amazing in support. I respect all that and won’t leave hostgator! But honestly the affiliate programs is bullshit! I registered one of my friends by my affiliate link! different IP, different system, different country! I didn’t get any commission!

  3. Arta says:

    That’s great when hostgator deletes your comments instead replying and being response to them!

  4. Brian Moreau says:

    These are ok if you’re not selling a product or service
    yourself.

    Why would you direct traffic away from your own website?

  5. AFRIDA YANTI says:

    very nice your conten
    I am very pleased with your website

  6. el_guero2000 says:

    I think Brian is right.

    Depends upon what the purpose of your website is.

    I have several blogs like luvsiesous.com where I could advertise. That is an ok idea.

    But, I have my business site, where I would not want people to leave …. for another site. I want their business. http://www.hightechconsulting.com

    So, I really think people should have multiple websites with multiple purposes.

  7. Süleyman Akay says:

    Merhaba Bu siteyi yeni takip etmeye başladım. Çok başarılı. Lütfen sizler de bizi takip ediniz. http://kisiselgelisimonline.com.tr/

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