This is probably the part some of you have been waiting for, just how you make money with the Internet Business we are talking about. Because really creating some form of income with your web site is what the whole point of setting it up as a business is.
There are quite a lot of options what you can setup for your new web site to make an income. If you have chosen the path of an E-Store then this part of the series will to some extent be of little use, for two reasons, firstly if you are selling your own product, there there is little point in promoting someone else’s product as well with advertising. The second reason is that by default your actual business is an income stream, selling products from the store is going to generate your income.
However in light of this for the rest of you looking at getting started with a content or blog site, there are a number of options available.
GOOGLE ADSENSE (http://adsense.google.com)
Google Adsense is a program which is offered by Google and will actually keyword match advertising to your content. Depending on how you add these ads to your web site will, as such great affect how you benefit from including the ads. Your income potential here is almost unlimited to the point that the more visitors you can get to your site the more chance of people clicking through the ads.
AFFILIATE ADS (http://www.cj.com)
One way to great increase the potential of your web site is by promoting affiliate programs. These programs generally offer incentives based on a sale being made, so there is some incentive to match the program to your potential audience. Often rewards can be a percentage base of the sales, or other times a fixed dollar value per sale. In many cases just a small number of sales can make you much more then many many clicks on Pay Per Click advertisements.
SELL A PRODUCT
Just because you are offering a content or blog type site does not mean that you cannot sell a product. Be it a physical product or an electronic product. Either way it is often not to difficult to add on the ability to sell one or two products to a web site, and can easily be achieved using a service like paypal or Google Checkout.
SITE ADVERTISING
While it is much easier to add, ads to your site using affiliate program’s or Google Adsense, it is also possible to directly sell advertising on your web site to people who want to advertise. This can often be a good way to ensure a known income each month. For example if you get 5,000 visitors a month and use Google Adsense, you may get a few people clicking the ads and make a few dollars. However if you were to sell advertising directly, you could set the price that you want to charge for advertising. Then once you have found an advertiser you could be sure that you have a known income for that ad space for that month. Often however the reason that this is not so much the path that people take is the added work involved and the uncertainty of finding good quality advertisers that match the theme of your site.
Really this is just a small number of the potential options which you have available for generating an income from your web site. Google Adsense is just one example of many different Pay Per Click, ad networks. At the same time Commission Junction is just one option for affiliate marketing network. So there are definitely many different options it just really comes down to finding the option which will best suit your web site.
March 27th, 2009 at 7:59 am
Good tips! I was just dropping by to show some love. See you on Twitter!
March 28th, 2009 at 12:14 pm
Thanks for the visit and comment
March 28th, 2009 at 3:07 pm
[...] No Fixed Office « Adding a Revenue Stream to your Web Site [...]
April 7th, 2009 at 6:19 am
Hey Thanks. Just dropped by to see the articles, interesting. Visit us at http:bizwebwiz.com/blog.html and blog, leave a note, take a poll, answer a survey, get our link, and we’ll look to see you on Twitter!
April 20th, 2009 at 6:16 pm
Joel,
Many thanks for sharing such great ideas!!
Have a great time and keep in touch!
Regina
April 29th, 2009 at 3:34 am
This is good, concise information. We wonder how many of our tenants have home-based businesses. We’re actually starting a newsletter and we’ll welcome them mentioning their business in it. The more successful they are is good news for everyone.
May 13th, 2009 at 3:10 pm
[...] series i shared not to long ago, about starting an internet business. I included an article about adding a revenue stream to your website. I shared a few idea’s about how to add a revenue stream to your website. However even at the [...]
June 13th, 2009 at 4:48 pm
Thanks for this article have found it useful. Came across the link to this blog in my TweetDeck. Have now bookmarked this blog. Keep up the good work.
July 11th, 2009 at 5:29 pm
Great advice. I’ve just got my own blog up and running so this has come at a great time! Got the link from Twitter. Many thanks.
Best wishes – and I will be back!
Allison
July 14th, 2009 at 7:37 pm
I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.
September 11th, 2009 at 10:11 am
[...] the first post (Adding a Revenue Stream to your website). I included sell a product as an option. Then i followed this up with an updated post (Adding a [...]
February 25th, 2010 at 2:29 pm
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