Make Money with Your Website
There are several lists with “ways to make money with a website” on the Internet
The Leading Ways to Make Money Online
1. Google AdSense & contextual ads - get paid when your users click an ad to go to another website, driven by contextual relevancy. This is the easiest business model of the four, but is also likely a low earner compared to the potential of some of the other business models.
2. Ad sales - sell ads directly or as part of an ad network. Many sites will make more from direct ad sales than from AdSense, but it is more work managing ad sales.
3. Affiliate programs - get paid a commission when your readers perform an action or buy something from another site. Making a living from affiliate recommendations is hard work because unlike other ad based models you only get paid when one of your visitors actually converts on another site.
4. Sell products and/or services - sell services, create indirect revenue streams, or create your own products to sell. This is the hardest business model of the four, but has the greatest potential reward.
5. Conditional Advertising - a somewhat advanced module full of tips you can use when thinking about how you scale your website for maximum growth and monetization.
Sell Advertising Space
The most popular form of making money from a website is by placing ads on it. We all know what it is, but it can make you money in different ways, such as Paid Per Click, Paid Per 1000 Views or Paid Per Time Frame.
The most common form of advertising is Google Adsense which is paid per click, however a lot of people know what Adsense is in some industry’s so perhaps in those markets the other two may be more profitable.
Selling services is a very popular technique people use to make money from a website and is often the reason for them building a blog in the first place. They want to get more clients, to do that they need to get traffic and blogs are great for that. The easiest way to start selling advertising on your blog is to create a new page within WordPress and call it services. Here you can put in the information about your service, testimonials and a buy now button.
CPM Advertising Networks
CPM advertising networks is the same as PPC networks, except that you get paid according to the number of impressions (i.e., page views) that the ads displayed on your site will generate. CPM stands for Cost per Mille, and it refers to the cost for 1,000 impressions.
Making Money From Advertising
Anyone with a website can get advertisers. You may get companies contacting you to offer to advertise on your site, you can get advertising revenue even if you are just starting out and your site is relatively unknown.
The way to do this is to join as an "affiliate" of various companies or sites.
List of popular CPC advertising networks:
1. Google Adsense
2. Media.net (now manages both the Yahoo and Bing ad Networks)
The latest trend on the web are widgets that let you monetize your website. Examples include Widgetbucks and SmartLinks. Some of these services operate under a PPC scheme, others behave like text link ads, others yet leverage affiliate links.
Their main differentiator, however, is the fact that they work as web widgets, making it easier for the user to plug and play the service on its website.
List of companies that provide monetization widgets:
An affiliate network pays out a fixed amount or a percentage of the sale amount. You refer someone through your link and get paid if someone actually buys something. As mentioned, some of these networks bleed together; meaning some of these affiliate networks pay out on CPA offers as well.
Before joining any program, you should probably be aware of the different payment schemes available.
1. Pay Per Impression (CPM)
Here, you are paid according to the number of times the advertiser's banner is displayed on your site. The amount you earn is typically calculated based on the number of thousand impressions of the banner (impressions = number of times the banner is displayed), often abbreviated CPM (cost per thousand, with the M being the Latin numeral for thousand). That is, $5 CPM means that you get paid $5 for 1,000 displays of the banner. In general, the amount paid is usually small, but it is easy to earn since everytime a visitor loads the page, you earn. This is known as a "high conversion rate". Needless to say, this method will allow you to automatically earn more if your site attracts a lot of visitors.
2. Pay Per Click (PPC)
When you are paid per click, you are only paid when visitors click the advertiser's banner on your site. The amount paid is usually higher than the pay per impression scheme. Whether you get a high conversion rate here depends on the banner (whether it attracts people to click it), although in general, it has a higher conversion rate than the pay per sale method. A high traffic site will probably enjoy a higher click rate than a lower traffic site, although you will probably get better results if your banners are carefully selected to suit the target audience of your site.
3. Pay Per Sale or Lead (sometimes referred to as Cost Per Action, or CPA)
While you will probably get the highest payment rates with this method, it has the lowest conversion rate of the three schemes. You will only earn if your visitors click through the banner and either purchase an item from the advertiser or take some other prescribed action (eg, sign up for a service). Like the Pay Per Click method, you get much better results if you carefully select your advertisers to suit the target audience of your site.
In general, to avoid wasting resources in issuing cheques for very small amounts, advertisers will usually accrue the amount owing to you until it reaches a certain level (such as $25) before they pay you.