People often have the misconception that only an e-commerce website can make money. Well, we are here to tell you that it is far from the truth. Everything you do and every action you take on any website, personal or business, has a commercial value to some organization or company. Hence, this can be the easiest way through which you can earn money in this economy.
You can monetize your site; however, whether you earn a high stable income or just some additional money to keep aside depends on how you plan to utilize the opportunities that come your way. If you work efficiently and intelligently enough, you can earn up to $3000 a month through your website alone, and the average profitable website can earn $1000+ in just a few months.
Below are the most common and easiest ways you can earn money:
Selling Products:
This is the first thing that comes to mind when you think about making money online, right? Selling products. Today there are more than 650,000 e-commerce websites on the internet, and this number is increasing day by day. You have to make a website, lookup DIYs on the internet, and you are good to go! An example is Harry's Razors, a success story, to keep you assured that, yes, you can make good money like this.
Selling a Service on Your Website:
Yet another common way you can earn money through a website is by selling a service. It could be anything ranging from creating diet plans to house cleaning business. This type of website works similarly to an online store. The only difference is that you won't need an e-commerce specific website builder for this.
Selling Ad Space:
You may find ads annoying, sometimes out of place, or even disturbing, yet ads on a website are the easiest way to earn money. In the ad business, the most common way to make it is through pay-per-click, where every time someone clicks on the ad, you get the commission for the advertisers. An average amount for selling a Click-per-pay (CLC) ad pace is $0.20, so if you want to earn more than $100,000 a year in profit, you'll have to generate a thousand clicks per day.
Donations for the Website:
It is pretty self-explanatory. While it is true that selling products, ad space, and service can be a great way to earn money, but all of them require generating a lot of traffic. On the other hand, a more effective way to earn can be donations if you build an engaged community.
Grants are different from charities. Suppose you have a community that appreciates your work its no doubt that some of them would be willing to show their support through money. It is a standard among podcasts websites, many of whom rely on donations to keep their site going.
