in

How to Make Money with a Website: 7 Essential Steps

Owning and maintaining a website can sometimes become a great way to make money. Learn how to make money with a website with these seven steps.

Making money online is easier today than its ever been before.

One of the main ways people are able to earn and increase their income monthly is by operating websites that generate cash flow. And it may seem complex to do but the truth is anyone can be successful at making money from their website with a good plan and hard work.

If you’ve been thinking about making an income by starting a website or monetizing the one you have, now is the time.

Keep reading to check out these 7 essential steps you’ll need to know to learn how to make money with a website.

Also head over to our resource page! There we explain all the tools we use to make money with our blogs and web store.

1. Pick The Right Niche 

This may not seem like the most important step in learning how to make money with a website but actually, you’ll need to figure out the perfect niche before you begin building anything. There are a lot of different topics to talk about and a few of them dominate over others, such as health and fitness, business and parenting.

RELATED:  How to Start Social Media Marketing for Ecommerce Companies

The reason why you need to be clear on your niche to make sure that you are able to effectively reach your audience moving forward. You can start choosing a niche for your website by picking one of your interests, hobbies or areas of expertise.

Alternatively, you can research the top niches for online businesses and choose one from that list.

Once you know what topic you want to focus on and figure out who your audience is inside that niche, you can plan out all the specifics, such as appropriate content, platforms, and products for your brand.

2. Choose the Best Products & Services For Your Audience

Now that you’ve chosen your niche and know which direction you’re headed in, you can decide some products and services to offer your audience. You may already be starting out with an e-commerce store so your products will be already sorted out.

For instance, you may be running a clothing boutique or selling sporting goods. 

RELATED:  How To Deal With A Bad Roommate (And Avoid A Financial Nightmare)

However, if you aren’t hopping into a niche that you won’t be selling physical products for, then it may be better to have a service or possibly digital products to sell. Let’s just say that you are starting a website about how to become a better writer.

You would be able to market your writing skills as a freelance service for clients or provide coaching for writers on your website.

Although there are other ways to monetize your blog, having something to sell is one of the most profitable ways of making money on your website.

3. Plan & Publish Quality Content

Content is what makes the internet worth logging on every day. If you want to learn how to make money with a website, mastering the content game should be one of your main goals.

If you want people to find your website, you need something to draw them in. And that’s what your content is for- hence why it needs to be of good quality. All of your written, visual and audio content will help to build your audience and authority within your industry.

RELATED:  10 Must-Have Finance Tips Every Freelancer Should Know

Over time you will begin to see more people visiting your website and, hopefully, purchasing your goods and services. This strategy is definitely one that will work well for a long-term plan.

4. Build An Email List

Anyone who’s figured out how to make money with a website will advise you add a capture page (or onsite popup) to collect emails from your visitors. You’ll want to offer them something in exchange for their personal information, which is referred to as a lead magnet.

For example, give away free shipping on their first order, a free eBook download or a free sample of some sort.

Building an email list is important for making money because your list is a direct contact method between you and your audience. You can invest in email marketing and begin to nurture your list through email campaigns to turn a cold audience in warm. 

Consistently communicating with your audience will help with them knowing, liking and trusting you. This typically increases the chances of you making sales online when you send out offers.

RELATED:  The Travel Fund: How to Start Saving for Your Dream Vacation

5. Use Relevant Affiliate Links

Affiliate marketing is basically you promoting and selling other people’s products and making a commission when someone uses your special code. Most industries have plenty of programs and opportunities for you to include affiliate links in your content.

Research different options for affiliate programs until you find a product that you like and would be feel good about promoting on your own website. It’s best to find products that are relevant to your own niche or at least the specific topic you are talking about.

6. Drive Consistent Traffic

If you want to learn how to make money with a website then you need to also learn how to drive traffic efficiently and effectively. Driving traffic to your website will increase the number of visitors that land on your site. And there are plenty of ways (free and paid) to do this.

Firstly, you should be incorporating appropriate SEO methods to make sure that you are easily findable when your audience is looking. You can also use the preferred content method for your audience across various social media platforms for free promotion, such as IGTV or Pinterest posts. The step will call for a lot of testing to find out which types of content work best. 

RELATED:  7 Reasons Every Ecommerce Site Should Have a Customer Rewards Program

7. Add CPC/PPC Ads

This step isn’t really a mandatory step to making money online but it is another way to monetize your blog for some extra cash flow. Consider placing CPC/PPC (click per pay/pay per click) banners on your site and you could get paid to post ads.

Plenty of bloggers have had success with this type of revenue and it is a fairly simple addition for more passive income. 

Want More Info on How to Make Money with a Website?

Hopefully, this guide has given you some motivation and good instruction on how to make money with a website. The most important thing to remember is that success probably won’t happen overnight. But if you build everything the right way then you could see some serious income coming in.

If you’re interested in more information on making money online then check out our money section to get your entrepreneur juices flowing.

How to Make Crazy Money with an Affiliate Marketing Blog

9 of the Best Products to Sell Online from Home