How to Make Money Online With a
Website or Blog
One of the most time-proven ways to make money online is
through your own website. You pick a niche, generate traffic, and then sell
your products and services to your audience.
Here
you’ll learn how to make money online with affiliate marketing, products,
selling your own physical goods, courses, and a lot more.
Keep
reading to learn about different ways to make money online.
1.
Make Money With an Awesome Blog
A lot of
people start a blog as
a way to express their views or as a creative outlet.
However, there
are many cases of people not only earning a living from
their blogs but even turning them into massive companies,
like the Huffington Post.
Not
every blogger will hit these figures, but if you play your cards right you
might have a solid chance of earning money with your blog.
Remember that
it’s important to have a long-term vision. You won’t make money right away,
but, as your writing improves, your skills grow, and your site picks up more
traffic, it’s a definite possibility.
If your goal
is to start a blog that makes you money, here are some tips to keep in mind:
- Choose
a broad topic like health, finance, relationships, hobbies, or personal
growth
- Always
aim for quality and create the best possible source on any given topic
- Learn about SEO and
how to rank your site in search engines
- Build
a network with popular bloggers and other influencers
These tips
will lead you in the right direction. Once you have a trustworthy blog that
gets a large volume of traffic you’ll have many opportunities to monetize your
site, such as:
- Paid
advertising
- Selling
your own courses and products
- Selling
affiliate products
2.
Start an Affiliate Website
An affiliate
marketing site is built upon recommending or reviewing certain products. Then,
when a reader buys that product through your link, you’ll receive a commission.
Although it
might not seem like a big revenue generator, there are multi-million dollar
sites based on affiliate revenue alone.
For example, Wirecutter was
so profitable that the New York Times bought the site for $30 million. There is also Lucieslist,
a site about baby product reviews and Outdoorgearlab,
a site dedicated to camping and hiking gear reviews.
To start your
own affiliate marketing website, join an affiliate program that fits your
site’s niche. For instance, if you have a blog dedicated to computers and
technology, you can become a Hostinger affiliate.
Take Bitcatcha,
for example. This website offers reviews about hosting services, VPN tools, and
site builders. Every time it mentions a product, an affiliate link is included
in the post.
After signing
up for the Hostinger Affiliate Program, you’ll get access to the affiliate
marketing dashboard where you can track all of your campaigns. Then, use the
provided marketing materials — like banners, ebooks, and infographics — to increase
sales.
While
Hostinger’s affordable plans help to ensure a high conversion rate, there’s
always room to maximize your gain. For that reason, it’s possible to ask for
suggestions and advice from your dedicated account manager. They’ll be happy to
help you out.
3.
Build an eCommerce Website
eCommerce
sites have exploded in popularity in recent years. With the prevalence of
platforms like WordPress and WooCommerce, creating an eCommerce site couldn’t
be easier.
If you prefer
dealing with physical products and selling something tangible, then opening up an eCommerce
store could be a great fit.
There are two
different methods of running a successful online store:
- Creating
and selling a niche physical product to a dedicated group of buyers
- Purchasing
cheaper goods manufactured in foreign countries, repackaging them, and
selling them at a markup.
The first
approach can be very successful, but it does require a passion for the product
and the willingness to do a ton of research, product development, and testing.
However, such
success of stores like SkinnyMe Tea, Beardbrand,
and Ratio Coffee shows that you can reach the
incredible results with your eCommerce store.
If the first
approach seems a little risky for your first online business, then you might
consider the second option of reselling popular overseas products. This method
involves sourcing a popular product from a platform like AliExpress,
repacking the product, and selling it through your own storefront.
Beyond selling
the right products you’ll also need to think about how you’re going to ship
your products. You can personally handle shipping and order fulfilment
yourself. Or, you can employ a popular method called drop shipping,
where the manufacturer handles it for you.
4.
Resell Web Hosting
Resell hosting
is another great way to make money online. In fact, we offer this service on
our sister project Hosting24.
The
basic idea of reseller hosting is providing a dedicated server space, which you
can use to build your very own web hosting brand. It allows you to:
- Create
cPanel-powered web hosting accounts
- Set
custom resource limits (i.e., disk space, bandwidth)
- Conveniently
manage all accounts using WHM
Since cPanel is the most widely used tool when it
comes to managing a hosting account, it will be easy to attract new users. The
server uptime is also monitored by an in-house administrator team, which
ensures stable uptime and availability.
It allows you
to focus on user acquisition, rather than the technical aspects of server management.
If you’ll have any questions, a dedicated 24/7 support staff will be there to
help.
Especially if
you’re familiar with how web hosting works, reselling it will be a
walk in the park. Who knows, you may become one of the web hosting giants if
you put enough effort.
5.
Create a Digital Course
It seems like
digital courses are everywhere today. So, if you have valuable knowledge that
someone would pay for, this could be a great opportunity.
In addition to
having your own courses, learning platforms such as BitDegree offer a chance to become an instructor. It’s a unique
opportunity to pass your skills and experience to thousands of people who are
eager to learn something new.
Digital
courses can be produced in a lot of different formats, from simple PDF
downloads, all the way up to self-produced video courses that have dozens of
hours of content.
Creating
online courses could also be a very rewarding plan. Since it’s under your
control, there’s no limit to how much money you can make.
Like most
other methods on this list, digital courses can be integrated into most styles
of websites including blogs, eCommerce platforms, and even affiliate marketing
sites.
If you’re
looking to create a digital course, but haven’t settled on your topic, it’s a
good idea to poll your audience. Often, they can tell you exactly what they’d
like to learn and would be willing to pay for.
For example,
the online course Learn Scrivener Fast is completely dedicated
to helping writers learn the ins and outs of the Scrivener software. Joseph Michael, the
creator of this course, uncovered such a need by reading the comments on Michael
Hyatt’s blog. It has since grown into a six-figure income
business.
6.
Create a Membership Site
Membership
sites have exploded in popularity recently and the idea is easy enough to
implement. It does, however, require having an existing audience of some sort.
For example, Mark
Manson runs a popular self-development blog. On his site,
there’s a membership portion that gives users access to online courses, videos,
and additional article commentary. For fans of his work, it’s a great deal.
People are
already visiting your website because they like what you write about and how
you use your style. So, you can create a membership section of your site that
offers premium content.
Now, every
single person who visits your site won’t take you up on the offer, but your
dedicated fans will find it irresistible.
The type of
membership site you create will depend upon the kind of site you run and the
level of depth you want to go with your premium content. If you like the idea,
check out our guide on how to create a membership
website using WordPress.
7.
Sell Advertising Space
We’ve
all seen sites that use advertising throughout their content. Sometimes the ads
are intrusive, but other times they integrate naturally with the content.
Monetizing
your site via advertising is usually reserved for when your site is receiving a
large volume of traffic. If your traffic numbers are high and only continue to
grow, then this option could be worth exploring for some extra cash.
While the
amount you’ll get paid will depend upon the network, you’ll usually get paid
based upon the number of impressions or clicks.
There are many
different ad networks to choose from. Google AdSense is probably the network
you’re most familiar with. With it, you apply to the network, and once you’re
approved you can start adding ads to your site. Typically, the payout for
Adsense ads won’t be great unless your traffic is in the millions of visitors
per month.
There are
other ad networks like Ezoic and Media.
Both of which have an approval process and site evaluation. These networks also
have the benefit of working with you to optimize your advertising revenue.
If you don’t
want to work with an ad network you also have the ability to sell advertising
yourself. If you have a niche audience, this can be a pretty worthwhile option.
Let’s say you have a site dedicated to sleep optimization. Instead of using one
of the ad networks mentioned above, you could sell ad space to large mattress companies.
You also have
the option of creating sponsored content. This is where a company will pay you
to create sponsored content that you would post on your site. Sites like Buzzfeed and Millo have
taken this approach.
8.
Sell Your Services
Selling
services from your website is one of the fastest ways to online money making.
There are two
different approaches you can take:
Create
an Educational Blog and Offer Your Services
Create a niche
blog that contains useful information about a certain topic. Let’s say you have
a blog about woodworking techniques, and you’ve built a decent sized email list
and got a solid traffic number.
You can add a
services page to your site where you offer woodworking lessons, whether in
person or through mediums such as Skype.
Create
a Basic Website and Pitch Your Services
The other
method involves creating a WordPress
website for the sole purpose of pitching your services to
companies and individuals.
Let’s say you
want to be a freelance writer. You need to pick a niche and build your website.
Then, create a few pages telling people who you are, the services you provide
and showcase a few examples of your work.
Then, start
generating leads for your new service business by engaging in guest blogging,
podcast interviews, or cold outreach.
If you’re
looking to take your service-based business to new heights, then combining the
two methods will give you great results.
9.
Create a Subscription Job Board
Job boards can
be a rather profitable way to earn a living with your website.
The process is
simple — people looking to hire someone in a specific niche will post a job
listing on your site and your visitors will apply for the job.
You
can either charge people to post job listings. Or, you could charge your
visitors a monthly membership fee to access the job board.
Keep in mind
that you do need to have decent traffic in order for such a site to work. A
company won’t pay to post a job on your site if you aren’t sending any
qualified applicants their way.
For example,
let’s look at the ProBlogger Job Board. Here, companies and
individuals will pay a fee to post a job listing on the site. Then, it’s
entirely free for anyone to access and apply for the job. Since ProBlogger is
an authority site with a large audience, businesses who post a job will get
hundreds of applications for each listing.
When creating a job board make
sure you have a solid audience that has a synergy with companies in your space.
10.
Create an Online Directory
Online
directories aren’t as popular as they used to be, but they can still be
profitable.
They work in a
similar fashion to the job board above. But, instead of people paying to post
jobs, or get access to the job board, they’ll pay you a monthly fee for a
directory listing.
If you have an
authoritative site or get a lot of traffic, then these listings are pretty
valuable.
Let’s say you
run a site that’s dedicated to web development and design. You produce
high-quality content and have a solid amount of authority. You could create a
directory portion of your site where web developers and agencies can purchase a
listing.
This will not
only provide them with a solid authoritative backlink, but it could be a nice
source of traffic for their business.
Usually,
directories work by charging a monthly subscription fee to be listed. You could
even charge a premium fee to let businesses list themselves at the top of the
directory, getting even more eyes on their listing.
11.
Sell Your Website
Finally, one
of the most profitable ways to make money from your website is to sell it.
Depending on
your site, this can be a pretty profitable option.
On
average, your site will sell for a few times more than what you usually receive
per month. This number will depend on a variety of factors, but you can
generally expect to sell it from 12 to 30 times your monthly passive income.
The following
factors will influence the final result:
- The
age of your site
- Your
domain authority
- How
much traffic your site receives
- How
much profit you generate
- Your
revenue diversification
- The
steadiness of your revenue
- Whether
your site is growing or stagnating
If you’re
curious how much sites will generally sell for, then spend some time browsing
through the Empire Flipper listings.
Ways
to Make Money Online Without a Website
Creating a
profitable website is a great way to create a long-term passive income online.
However, there are still ways you can start making money online without having
to create a website.
12.
Publish Kindle Books
If you’ve been
dreaming about writing books for a living, then this might be the best time to
do it. The self-publishing revolution has made it possible for anyone to make a
living by publishing books.
Keep
in mind, since there’s a lower barrier for entry, this also means more
competition. But, by writing the best book possible, and satisfying reader
expectations, you can increase your chances of success.
When publishing
your own Kindle books, every aspect of the publishing process is under your
control. This means you’re responsible for writing, editing, formatting,
getting a cover, uploading it to Amazon, writing your book description, and
marketing it.
Here are some
tips to improve your success as a self-published author:
- Research
your niche carefully, make sure there’s a viable book market that isn’t
too competitive but it still has a viable audience.
- Write
the best book possible and hire a professional editor.
- Invest
in a high-quality cover and book description — these two elements work
hand-in-hand when you need to sell your books.
- Publish
your books as a series and aim to dominate a given market.
Your success
as an author is entirely under your control. Write the best book possible and
build an email list of your ideal readers. The more you’ll learn, and the more
ways to make money will be open to you.
13.
Email Marketing
Think about
how many emails you get in your inbox every day. A lot of these are probably email
newsletters you’ve signed up for. Some you can’t wait to open every day, while
others — you wonder how they’ve even reached you.
Creating
a niche email newsletter can be a great way to reach a targeted group of people
and create a solid and sustainable business. Million-dollar businesses like theSkimm were
built on the back of a daily email newsletter.
Best of all,
starting an email newsletter doesn’t have to be difficult. With platforms like ConvertKit, Drip, MailChimp,
and Aweber, it’s never been easier.
Here’s the
process for you to follow:
- Decide
upon a niche you’d like to serve, and the style of your emails
- Choose
an email marketing provider
- Create
a simple landing page and drive traffic to that page
- Send
regular emails to that list
The goal of
your email list is to build trust, so your customers would open your emails
every day.
Once you have
a sizeable list of people that opens your emails you have multiple ways to
monetize that list, such as:
- Selling your own digital products
- Offering a membership course
- Sending your subscribers to affiliate offers
- Selling sponsorships
14.
Freelance on Sites Like Upwork
There are a
ton of freelance sites full of hungry clients who are looking for someone with
your skillset. There’s more demand for freelancers now than at any time in
history.
Some
of the most popular freelancing sites include:
To succeed on
these platforms it’s important to establish a niche. The worst thing you can do
as a freelancer is brand yourself as a generalist. Since the competition is so
high, you’ll want to brand yourself as the only solution to a specific type of
client.
No matter your
niche, it’s time to build out your profile, create some relevant samples that
show off your skills, and start pitching.
If you’re
serious about making a living on platforms like Upwork, then spend
some time digging through the site Freelance to Win —
this site is dedicated to helping you become a highly paid freelancer.
15.
Buy and Sell Websites
The process of
buying and selling websites is like the process of flipping homes — you buy a
house that has investment potential, fix it up, and sell it for a higher
profit.
The
process is pretty straightforward. But, just know that there are risks
involved. So, don’t invest money in a site you can’t afford to lose.
Here’s how you
buy and sell sites for a profit:
- You find an undervalued website that you know you
can improve. For this, check out marketplaces like EmpireFlippers, Flippa, and We Sell Your Site.
- Do your research to uncover revenue and traffic
numbers, link profiles, and the real reason why someone is selling the
site.
- If everything checks out, purchase the site.
- Make site improvements to maximize its traffic and
revenue.
- Sell the site for a better profit.
If you’re
interested in exploring this process in-depth, then check out these articles
and success stories from Hostinger users:
- How I Turned My
WordPress Blog Into A Five-Figure Business
- 20 Ideas for Your
First Online Side Business
- 10 Steps to Making a
Profit Buying and Selling Websites
- How I Made $180,000 Profit Buying And Selling Websites Part-Time
16.
Buy and Sell Domain Names
You can also
buy and resell domain names, just as you would a website.
Use
tools like Just Dropped to purchase a unique domain
name. Then, re-list the domain names, wait for buyers and sell
them for profit.
Some people
have been able to make hundreds or thousands
of dollars per year employing this exact strategy.
To be Continue ........................................
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