Day 4:
Subj: Choosing a Monetization Strategy that Works
Now we get to the step where you finally get to start thinking about making money for your website!
The previous steps will help your site gets great content, drive targeted traffic to your website and start ranking in Google.
There are a few ways which you you can monetize your website and start making money, here are the 2 major ways :
1. Becoming an Affiliate:
This is a short-term approach and the easiest to start earning commissions instantly. On your website you can promote products and services via special programs known as “affiliate programs” which are mostly free to join.
They allow you to promote virtually anything you can think of without the need to own or develop the product. Absolutely no inventory, zero shipping.
The truth is that there are numerous ways to make money from a website. For example Google Adsense banner advertisements is one of them.
All you have to do is add affiliate links to your article content, brainstorm a few products ideas you can sell to your niche as an affiliate. Ensure the product has high perceived value and offer solution to your niche.
When a person buys a product through your website, you can earn up to 50-75% commission.
2. Sell Your Own Products:
This is by far the most profitable; long term strategy. Selling your own products such as information content, software, and physical products or providing service to your clients although this require skills and knowledge in the respective fields.
Since you are just starting, it is best you monetize your site with affiliate programs. One of the best affiliate program which pays off the highest commission up to $175 on yearly recurring is the Wealthy Affiliate, the name speaks for itself.
(Insert yr WA affiliate link here)
Wealthy Affiliate pays out remarkable amounts of commissions monthly and yearly to their affiliates, you can even participate in their affiliate program even if you are a Free Starter member. Isn't it awesome?
Promote a product you love and that you feel good and proud about such as the awesome Wealthy Affiliate program!
Now, you can really start building a solid foundation.
Put what you have learnt into action. Not only are you learning the basics of building a beautiful and profitable online business, you will get paid for referring people to it! Fantastic!!
Tomorrow, we dive into Potential Products You Can Promote as an Affiliate.
Yeah, finally!
Really excited for you,
Have an awesome day!!
Talk to you soon!!
Your Friend & Marketing Coach
(Your Name)