We see free websites online every day but sometimes, we tend to wonder; how do free websites make money? Because, frankly speaking, free websites make a lot of money.
So, the argument that making money from your website is a fallacy is absolutely baseless. Anyone can do it. The good news is that turning a part-time, hobby blog or website into an income-generating asset is something many people manage to do by putting in some hard work and getting lucky.
In order to keep your website up and running, you must have enough money to cover basic expenses, such as domain registration and web hosting. If you make a salary, you would be able to replace your wages, and then earn some more.
A number of the techniques here fall into the passive and simple categories; others need a lot of work and effort. So make sure you pick something that suits your site and lifestyle preferences.
In this article, We will be answering the probing question in your mind on āhow do free websites make moneyā and this is a $1000/day guide which focuses on successful monetization.
If you have a free website, here are 12 popular ways for you to make money from it.
1.Participation in an affiliate marketing programĀ
Booking.com is a perfect example of a good partner site.
One of the most common ways to make money from your website or blog is by affiliate marketing.
Start by identifying a product you like and that you can wholeheartedly recommend. You encourage customers to buy the product and tell others about it on your website by including a link to it on your website and by encouraging website users and email subscribers to purchase it. When these customers are interested in the product or service, they can click on your affiliate connection and purchase it (while you get a split of the sale price).
Between 30% to 70% of the product or service price, the commission could be anywhere between 30% and 70% of the total sales price.
For example, if you sell ebooks for $100, and your referrer is willing to pay $50, you will earn $50. Wow, isnāt that great?
Which marketing products are available?
Commission junction: A well-established and trustworthy company providing on-time payments to customers.
ShareASale: handles the distribution of all the clothing, shoes, and other offline items.
Clickbank:<span class=ās4ā³> payouts are usually high, but there arenāt any worthwhile items to promote.
2. Advertising using Pay Per Click (Google Adsense)
Google ads appear on the top of search result pages while searching on Google.
Instead of charging users a fee to run advertisements on their sites, AdSense provides publishers with a way to directly tap into Googleās vast advertising network, making it possible for other marketers to display ads on their websites.
Best of all, everything in this system is clear and straightforward.
If you sign up, Google will apply a simple-to-find code on your site, which will then allow relevant advertising to be seen. A perfect example of this is if your website is dedicated to pets (dogs and cats), such as this one, Google AdSense will display ads relating to cat food, dog training, and other pet-related topics.
Any time anyone clicks on the ad, you are billed. It really is that easy!
It can be anywhere from $0.50 to $5 per press, depending on your cut. You will earn hundreds (if not thousands of dollars) every month once your site gets enough traffic.
There are several methods to apply for Google Adsense.
Get a Google AdSense account. The Terms of Service (ToS) is important to be aware of when you apply to any service or product. Itās difficult to become and remain an authorized Google advertiser.
There are several ways to make money from online advertising, including adding Googleās AdSense program to your website.
3. Sell Ad Space
One way to monetize is to directly sell ad space to businesses that want to fund a variety of blogs. You may give each of the various spaces a value, such as ābanners on the sidebar will cost $xxx per month.
Payment varies depending on the number of tourists. Typically, it is $1,000 for every 1,000 impressions (or CPM). It could be $5 CPM to you. 100,000 visits a month equates to $500 for that commercial.
This strategy offers the benefit of having your basic banner ad pricing be anywhere from $5,000 per month to $50,000 per month. On the flip side, if your site isnāt very popular, you will not be able to earn much money.
A direct sale can also be done by offering a direct price for advertisements placed on your own website. This simple formula lets you get paid upfront per month: Just name a price (based on what you think itās worth, compared to what the competition may be charging), and youāll be paid that amount upfront. This flat-fee pricing is in addition to being based on a Cost Per Click and not on a Cost Per Thousand Impressions (CPM).
Where do I want the public to know that my website is selling ad space?
4. Selling Your Own Digital ProductĀ
You can earn a decent amount of money selling your own digital product.
You earn the most money per sale when you can sell your own goods.
There are no middlemen or people who take a ācutā of the money you receive.
Since you can only have customers order directly from your website and receive payment promptly, this seems easy. Itās unfortunate, but in the real world, itās not that easy.
The process of developing well-made, high-quality goods takes a great deal of time and additional resources (like design, content, etc.). There are also hidden costs, such as time and vendors to work with, hidden in any collaboration. There are a number of complex issues to consider, such as payment gateways, delivery, and taxes, when selling your own goods on your platform.
In order to create a product with a high conversion rate, youāll need a well-designed, compelling landing page, too.
5. Make money by accepting donations from visitors
All contributions are gratefully accepted.
Are you just focused on short-term results (i.e. monthly visits), but you have a large, committed community to support you? Involve your readers in the project by asking them to donate!
One-off contributions may not lead to great riches, but if people appreciate what you have to say and want to follow your quest, they will help you cover expenses in the short term.
Another example is PayPalās donation buttons, which are simple to implement and can be added to the website in just ten minutes. A fast way to get back your funds that you may want to spend on hosting, new product development, analysis, and maintaining a safe, productive blog is by choosing one of these options.
In the previous example, for example, web.archive.org makes a good amount of money from donations (most likely due to their millions of visitors per month).
6. Sponsored postsĀ
sponsored and posts with advertisers.
You will increase your revenue by increasing the number of visitors to your website.
There are a few different ways to monetize your hard work once youāve established an active group of loyal site visitors.
For example, it is standard practice for businesses to search for relevant blogs where their paid marketing promotions will be featured. Native advertisingālike this, for instanceāis effective because it matches the content on your web, and it appears as if itās relevant and authentic.
You can create an āadvertorialā that mixes advertising and content to review a companyās products. An excellent example of this concept would be if your website were all about the new iOS games for iPhones and iPads. One of these advertisers would love to feature their app if you were to review and feature it to your audience.
This, when done correctly, results in a win/win situation. Yet, if implemented incorrectly, it may lead to your readers losing all of the goodwill youāve invested.
7. Generate āLeadsā for Other Companies
obtain customer leads to other businesses.
The more new customers who contact your company, the better.
While theyāre always on the hunt for new sources of leads, you canāt expect anything less than that of them.
Consider, for example:
If you have a website about teaching math skills, how about using math-related content on it? If the readerās contact information is as valuable as email or phone numbers, then the various online schools that want to market their courses to eager, proactive students might use that information.
The basic concept here is to introduce two people who can help each other. This is similar to how affiliate marketing functions, except unlike other affiliate marketing models, this one doesnāt really matter whether the reader does or does not end up buying the product. At this point, theyāre just fishing for an introduction.
Where will I find offers like this?
8.Design and create an email list.
Register a list of email addresses
The money is on the list.
In other words, they are referencing your email list, which consists of your most dedicated readers. The goal is to get as many people who come to your site for the first time to become loyal customers who will want to get the latest information about your work.
If you look at it long-term, this is a plan that will benefit you in the long term (and youāre unlikely to get rich overnight). But itās a long-term approach that enables you to increase your blogās income-generating ability.
Your friendship with your followers is never to be forgotten. Providing great details or offering free support is a great way to get the ball rolling. One of the fastest ways to misuse your readerās interest and harm your goals over the long term is to constantly send spam.
9. Establish an e-commerce websiteĀ
Creating an e-commerce web store Website development doesnāt just have to be about creating content. An online store can feature resources or items based around.
Be forewarned:
ECommerce (a.k.a. online retailers) has literally hundreds of thousands of websites or stores. Think about what makes your page different from the others, and how you can make it stand out in the market.
10. Flip Your Websites
The process involves creating a new website, selling it, and reinvesting the proceeds.
It goes without saying that there is always a potential customer for your website.
If you have built up a following, you can be able to sell your site or goods to another party and make a fast buck.
Most of the time, we recommend people donāt expect to flip their website or blog (we prefer to spend time building something long-term).
You canāt deny the amount of money that can be made. Conversely, you could be able to sell your website for about $5,000 to $10,000 (a ratio of 12 to 22) if your site is bringing in $500 a month from the sale of ad space.
Another intriguing possibility is to provide ready-made websites for sale. Itās still profitable, but a lot less expensive.
Where do I list my site for sale?
11. Add the āhire meā page on your website
You may also feature your freelance services on your new website or blog. The more job samples or examples of your past work that you display to prospective employers, the greater your chances of being hired.
12. Sell premium content for an additional fee
Ā Itās worth considering whether or not you can ask your guests to pay for your awesome content. Remember: Ask customers to pay over time rather than all at once. Instead, concentrate on increasing your audience and guests before adding to your revenue.
Conclusion
Ok, thatās all there is to it ā there are many ways to make money from your website.
Having reviewed this guide, we can say that itās much easier to make $1000 a day from your website if you begin with the strategies mentioned here.
