Your website is much more than an online brochure. It is actually an online asset. It can be used to generate residual revenue for your business. There are a number of ways to create residual revenue streams for your business from your website that can be a healthy income addition to help fund your business growth.
So what are the ways in which you can create an income with your website? There are 10 ways to generate revenue with your website. Depending upon the site you have and your business, some of these ways may work better than others.
So what are the different ways in which you can create an income with your website? Here they are:
1) Ecommerce – selling products and services from your website. Even if you are a service oriented business, you can sell your expertise in the form of an ebook. This is an excellent way for consultants and coaches to additionally monetize their knowledge.
2) Affiliate Marketing – selling other’s products and services from your website. If you specialize in offering a certain expertise, and you believe that offering a complimentary product or service will serve your clients, then if they have an affiliate program, it would be a great way to support you clients/customers while creating additional income for yourself as well. When a visitor you refer to the vendor purchases their product, you receive a commission from that sale.
3) Text link advertising – getting paid for clicks on your website. One of the most well known and popular text link advertising is Google Adsense. Everytime someone clicks on one of these links, you get paid. Other text link companies include Kontera, and Chitika. Some work better than others depending […]