If you have a website, you can profit from even the tiniest number of visitors it receives simply by not wasting that traffic.
The KEY is in leveraging on each visitor and making sure you have a monetization strategy in place. Once you get this, you can make any website profitable with a little effort.
Here are 7 basic ways in which you can profit from your traffic today:
1. Sell a product/service
First you can sell a product or service to your visitors. This is the best way to cash in from your own product. Usually an e-book or software works the best – they can be downloaded right away without hassle and shipping charges.
2. Opt-In list
It is crucial you try to convert every visitor of yours to a subscriber of your mailing list. The most important asset that an Internet marketer has is his or her list of subscribers. They define whether you will go far in the online business venture.
With an opt-in list, there are tons of ways you can profit further into the future. You can build repeat customers and turn your list members into partners for your products. For an example of a good opt-in page, visit Redhead Marketing http://redheadmarketinginc.com/author-checklist/
3. Viral marketing
You can provide a free product or bonus on your site to be downloaded by your visitors. Usually it’ll be an e-book where people can read from and learn useful information. In this bonus, you include give away rights and urge readers to give it away to anyone they want to. This way, you increase your own traffic, publicity and branding without needing to spend a cent.
In this case, you get paid when your visitors click on ads you place on your site. There are many advertising programs that give you a percentage of the profits based on click-through, including Google Adsense, Chitika, Yahoo Publisher Network and Kontera.
When people click on the ads shown from either of these advertising programs, you will earn money. And if your site receives good traffic, these programs alone can bring in huge paychecks to you.
5. Offer an advertising space
Targeted niche websites with high traffic can ‘rent’ a portion of space on their web page to advertisers. For example you can charge $200+ per month in advertising fee if your web page is pulling more than 2000 visitors a day. I use this strategy at WE Magazine for Women – www.WEMagazineforWomen.com
Other than that, you can also generate advertising revenue using exit pop-ups. By doing this, you won’t clutter your website with too many ads and spoil the visitor’s experience.
6. Affiliate marketing
If you don’t have your own products for sale yet, you can sell other people’s products instead and receive a commission on every sale. With affiliate marketing, you have an unlimited source of products to sell and you don’t need to go through any fulfillment issues after your sales.
There are a number of affiliate marketing training programs including Udemy, Lynda and more.
Instead of earning money from click through, you are paid if your visitors subscribe into other people’s mailing list. Alternatively there are a lot of big companies like Coca-Cola who need surveys to be done, and by referring your visitors to complete surveys, you can also earn good profits from your website. Be cautious with this one that you don’t end up on a lot of spam lists – read the fine print to see if they rent or sell or share your email info.