If you’ve already created a website and you’ve managed to focus on a particular niche from the start, you are lucky since you’ve made a good decision from the very start which will help you better monetize your website.
Today we will talk about some ways which can help you do that, and it will be up to you to choose one or more of them, depending on how they can fit on your pages, or according to the relevance for your niche.
Probably one of the easiest ways to monetize your web-pages, if you already are generating consistent traffic, is to advertise using banner ads. The most popular is by far Google AdSense, but there are other services which you can try, like Media.net, RevContent, and PopAds.
Companies like the Clicksdealer platform had already built a business around banner ads, so the potential behind this idea is huge.
Probably one of the quickest and most popular ways to monetize a niche website is through affiliate marketing. You just need to find products or services (or both) that you like. Then, you endorse and promote them to your audience, while including an affiliate link. You will then get a commission for each sale generated via your link.
In terms of commissions, the numbers vary from as little as 30% to as high as 70% per sale. Among the most popular websites where you can find products to promote are Clickbank, ShareASale, and Commission Junction.
Although the number of products and services is very big, choosing them could be very tricky, since you need something that:
- Is relevant to your niche;
- Is a product/service of high-quality, so you won’t lose your audience by selling junk;
Selling digital products
Another idea which can generate high-profit margins is represented by digital products. People come to your website in order to find valuable and relevant information. Most likely, you already have relevant information for them, but you can take this to the next level, by introducing new digital products (online courses, audiobooks, webinars, etc.), with premium information and added value for users.
Online consulting services is another idea for selling digital products. The point is that right now you know to do something that other people will also like to learn. Maybe you like working out, or maybe you know how to play an instrument expertly. This knowledge could be useful for other people, and you can turn it into a product or service which will be purchased by those who want to learn what you already know.