At the very least, in the beginning, if you are unable to make big cash, you will at least be able to make enough to cover your domain and web hosting expenses. Or, if you're lucky, you might start earning more than your actual income.
Now there are a ton of ways to monetize and earn from your site. However, each one has different requirements and strategies to help you make the most out of your site. Hence, make sure to pick a technique that suits you and your site.
Affiliate Marketing:
You might have already heard about affiliate marketing as it is one of the most popular ways of earning from your website. For those who are not familiar with this term, "Affiliate Marketing" means finding products you like and resonate with your site and your readers and add them to your site.
Each time a person clicks on that link and purchases a product, you get your cut. This commission can be anywhere between 30%-70%. This is one of the easiest and fastest ways of making money.
Pay Per Click Advertising:
Google AdSense is one of the simplest ways of making money, all you have to do is sign up, and AdSense will automatically place a code on your site, identifying the type of content you post. You might still be confused about how that can help you in any way, right?
It is as simple as it can be Google Adsense; after identifying the content, starts showing your visitors relevant Ads on your site. And each time your visitor clicks on them, you get paid. Your share can be anywhere between $0.50-$5.
Sell Sponsored Posts:
Once you've created a website, it's time to put all that hard work to some use. The next step is to get those visitor numbers up and running, and after building steady traffic, you will find many companies looking for blogs that will feature their content.
Moreover, you can review other sellers' products on your site, which is part of advertisements. This means you can find products, apps, and other material relevant to your site, review it, post an advertorial, and earn from that content.
Generate Leads for other Companies:
Businesses are always looking for ways to make more money and sell more products, which means they are always looking for new leads. For instance, you have a blog about pets and have readers with pets (evident in most cases). Like their email address, your readers' information can help pet stores and pet informants connect if you share that with them. You are helping the two parties connect.
Sell your digital products or set up an eCommerce site:
Another way to make money and monetize your site is to create your digital products or an eCommerce site. And, honestly, both of them come with a ton of hard work. For instance, to develop digital products, an e-book, you need excellent critical thinking skills and some ideal content to attract the reader into buying it.
Similarly, creating an eCommerce site not only means adding extra online work, but it means maintaining logistics, delivery, and a lot of other things as well.
Accept Donations from Visitors:
This isn't the fastest way of making real cash; however, if your readers are fond of your content, they might help you big time in earning enough to help out with your expenses. To do that, PayPal provides users with an option to add a click button on their site, which you can do in less than 10 minutes, and anyone who wants to donate can click on that and start contributing.
