How To Monetize Your Website
Having a website can be either a hobby or a full-time job, depending on how you manage it. Every blogger’s dream is to have a successful page that can support your living. And you can achieve it easily!
Before You Start
But wait a second, don’t start monetizing your website before knowing about the taxes you will need to pay. Taxes can be very expensive in Canada and the US, and you have to submit them truthfully according to your residency status.
Taxpage.com states that under-reporting your tax income can lead to penalties, and over-reporting can have serious consequences too.
Now that we’ve talked about the legal stuff let’s get into how you can monetize your blog or website.
Driving traffic to your website is essential for its monetization. You can’t have a high-paying blog if you don’t have people reading it. There are many ways to drive traffic, so let’s take a look at some.
Dedicating to at least one social media platform to promote your website is crucial. This will attract readers that are genuinely interested in the topics you write about.
Guest posting on other websites similar to yours is key too. This will give you exposure on other blogs, and maybe some people will be interested in your page too.
Put Up Ads
We’ve all see those ads that show up in the middle of a post, and they are a great way to start earning money. You could work with an ad company to put them on your post, and they will pay you a little commission for it.
You may not earn a lot, but it’s something to get started. But don’t get crazy putting them everywhere, some people can find that annoying, and that will decrease your traffic on the page.
Working with companies to create sponsored posts is a fantastic way to monetize your website. Some companies may offer free products in exchange for a post, or they will pay you to post about them.
A trick to avoid your audience thinking you’re money-hungry is to post about it in a truthful and natural way. Or you could insert the sponsored product in the middle of the post, that way it won’t feel too salesy.
Google AdSense can make you earn money, but only if you drive an impressive amount of traffic to the page. Otherwise, it won’t be that helpful. We’ve noticed that in a regular blog, AdSense can give you eight to ten dollars a month, and we know that it isn’t much money considering the amount of time you dedicate to the website.
In order to have a successful blog, you need to learn some ways on how to monetize it. But before that, you have to drive traffic to the page by promoting yourself on social media and guest posting on other blogs.
Once you have your established audience, think about adding ads to the page, and even doing sponsored posts and deals. This can earn you reasonable amounts of money, as well as free products to try.