10 Ways to Increase Website Profits
Let’s say that Joe Everyman has just recently created his own website. He has a good traffic on his website. Now Joe is trying to find out how he can make more money off of his website. To help Joe, and anyone who’s looking for advice, here are 10 tips on how to increase website profits.
PPC or Pay-per-click advertising is quite simple. In a nutshell you sign up with a network, Google AdSense is a popular one, and they send you code for creating banner ads on your website. You put up these ads on your website and you get paid for every time a person clicks them. The best part about this is that the ads are mostly geared to what your website is about.
CPM Advertising is quite similar to PPC except for one crucial difference. Instead of getting paid per click, you get paid for every 1,000 page views that the ads shown on your site will get. CPM stands for Cost Per Mile, and refers to how much you will get per those 1000 page views. Obviously, as for PPC, the more page views your site gets the better.
The way this works is that certain merchant, Amazon is a well-known one, will allow you to sell their products for a commission. Say that your website is about classic movies and you’ve just reviewed the movie “Citizen Kane.” You can then go to Amazon, or other Affiliate websites, and get a link that allows people to purchase that movie. Amazon then totals up the profits and gives you a commission for selling said movie.
Direct Banner Advertising
This is probably one of the most profitable ways of exploiting your website. Placing your own banners allows you to decide how much to charge, which means you don’t have to work for commission or share the profits. This, however, comes at a price as you have to have a large audience to attract reputable advertisers, and you need to manage the banners and sales.
If possible, you want to try and entice your viewers with premium content and make them pay to view it. This may be a tough sell, but it is well worth it should you gain a following willing to pay.
There are sites out there that are always looking for customer information. They will pay you to put up a survey/poll on your website, then give you commission based on how many “clicks” it gets.
This is probably the simplest and easiest way of making money from your website. Put up a donation button and see what drops in. Probably won’t make a large amount of money from this, unless you have some very generous viewers, but every little bit helps.
Probably the most hated form of advertising out there be careful with this. If you’re just trying to make as much money as possible from your website, then this is a good way. However, if you want to build up a loyal fan base, avoid these like the plague.
The way this works is that advertisers will place links within your text. Should a viewer roll over that link, the ad will pop up. If the viewer then clicks on the ad, you get paid.
Selling Your Website
This might be something of a last resort, but it’s a good way to get a large amount of cash in a fast way. Be warned that your website’s worth is dependent on its monthly revenue and what the buyer thinks can be done with the site.
Author Bio: Maher is a blogger and avid social media user. He works for smsfi from where you can send free sms.