How to benefit from your website
4 October 2020
You can benefit from your website through well-known and common methods such as Google Adsense ads and other popular ways. However, there are also less common methods, and in fact, these less common methods may generate you greater income. In this article, we will discuss together how to make money from your website in more than one way, and how you can earn income from multiple sources through the same site.
Common Mistakes
First, there are some common mistakes we need to avoid to help ourselves achieve the desired profit from the website; these are as follows:
Mistake 1: Creating the website first and then thinking about how to benefit from it. On the contrary, you should first think about the sources from which you want to generate profit, and only then build the website. This will help determine the optimal design that assists in identifying ad placement areas and organizing content in a way that helps achieve sales, especially if your site offers products or services.
Mistake 2: Relying only on the most popular income sources. Although the popular income sources might be successful, the more suitable income sources might achieve much greater success for you. For example, Google AdSense is one of the most popular ways to monetize websites, but you might be able to manufacture a product and display and market it on your site. Or you could offer services that many people are looking for and promote them through your website. Alternatively, you could make your site a gateway to sell other people’s products and services for a commission, which could bring you much higher earnings.
Below, we will present a group of methods that will enable you to earn money from different sources using your website.
Ways to Make Money from Websites
Method 1: Google AdSense Ads
Google has an advertising platform called Google AdSense. Through this platform, you can create an account and allocate some spaces on your website where you place codes that allow the platform to display ads in those spaces on your site. In return, you earn revenue based on the views and clicks that visitors make on these ads, which the platform records in your account.
Method 2: Renting Advertising Spaces
Before starting to build your website, inform your designer to allocate several advertising spaces of different sizes. You can then use these spaces to rent them out to owners of products or services in the same field as your website. For example, if your site is specialized in selling home appliances, you could rent ad spaces to appliance repair centers, or to any person or company offering services or products related to the home. This guarantees the advertiser that your visitors are targeted customers interested in their services and products, creating mutual benefit and increasing your website’s income.
Method 3: Affiliate Marketing
Affiliate marketing is one of the most popular online income methods. You promote products and services of companies or individuals and sell them for a predetermined commission. Many famous websites like Amazon, Souq.com, and many others have affiliate programs you can join to display their products on your site and earn commissions on sales made through your site. You can also directly agree with companies or individuals to display and market their products and services for commissions on sales. Your site does not necessarily have to be dedicated solely to third-party products or services—you can agree with companies offering products or services related to your own and create sections for their offerings alongside yours, increasing your site’s revenue through those commissions.
Method 4: Selling Your Own Products and Services
One of the best ways to make money online is by selling your own products or services that you provide personally or with your team. This method offers greater profit because the entire net profit is yours without sharing it with anyone else. Another advantage is that it helps you build your own brand, and as it becomes more popular, your site’s reputation and sales will grow.
Can you benefit from all these methods on one website?
Answer: Yes, you can.
You can benefit from one, two, or all the methods described in this article on a single website. For example, you can build a website to sell your own products or services, which would be the primary income source. Then you can offer a range of products and services produced or provided by others in your field or related fields and agree with them on commissions for sales made through your site, which becomes the second income source. Next, you can provide advertising spaces on your site, allocating some for Google AdSense ads (the third income source), and rent out the remaining advertising spaces to businesses in your site’s field, becoming the fourth income source. In this way, you combine four income sources on one website.
