2014/03/12

How to Monetize Your Website the Right Way

Now that we’re so close to the end, let’s see the million dollar question and recap the most important principles.

How to monetize your website?

Sure, you can start a „crappy” blog or site, outsource a few worthless articles then throw up a bunch of ads, affiliate links and banners and hope for the best.
But let’s face it! This strategy won’t take you too far. This „mindset” about doing business online is exactly why 99% of everyone fails.
So How to Monetize Your Website the Right Way?
The answer is gradually.
The only sustainable, long-term way to online profits is following these 9 principles to a tee.



Principle 1
You have to choose a niche you know and love. You must be passionate about your site’s topic. Hopefully, you’ve already done this step.
Note that passion and knowledge are still very important. Don’t just pick a profitable niche and move on. Ignore this advice at your own peril: you will FAIL if you use outsourced, regurgitated $20 articles or article spinners as „content”.
Those days are the past. You must create original, passionate content based on your own knowledge and experiences. You must make the internet a better place and the only way to do that starts with choosing the right niche.
Principle 2
Research at least 100-150 relevant, high-quality keywords for your niche. Ideally, you want your keywords to have low competition, high demand and great commercial values.
The closer your keywords match these criteria, the sooner and the more money you’ll make.
Principle 3
Once everything is set, start creating content and getting a few, high-quality inbound links.
1, Write by following the principles in “Make Your Content PREsell”. Don’t write just for the sake of it. Write great copy that engages your readers and turns them into warm, willing to buy customers. Write to presell!
You can download and read “Make Your Conttent PREsell”, a FREE 140 page eBook here.
2, Read “Make Your Links Work!” to learn everything about getting traffic boosting backlinks the simplest, shortest and least expensive way. MYLW! is a FREE 70 page guide following the 80-20 rule of link building.


Principle 4
Once you have a few pages on your site, create a freebie or two for your future visitors.
Everyone loves free stuff and if you offer your own free reports or products to your audience, they’ll come to like, respect and buy from you a lot sooner. This step is not compulsory, but I highly recommend you do it.
Principle 5
Start an email newsletter and recruit new subscribers.
Note: Instead of abusing this list and bombarding your readers with overpriced products, use your eZine as an opportunity to provide even more value to your subscribers and form relationships with them. Soon, you’ll establish yourself as an expert in your field and they’ll be more likely to follow your advice
Principle 6
Once you have at least 30-50 high quality, original keyword focused content pages; you can learn how to monetize your website.
Recommend a few helpful affiliate products to your readers or put up a few targeted ads like
Google AdSense, InfoLink, Kontera or Chitika.
The golden rule: make your visitors your #1 priority. Don’t alienate them with too many ads or hard-selling. Treat them as you’d like to be treated on other sites.
Principle 7
Keep creating valuable content and providing even more articles to your visitors. Also, keep establishing new relationships and partnerships with your “competitors”. Don’t stop getting better, bigger and stronger.
As a result, more money will follow.
Principle 8
Now you may think about monetizing your list. Occasionally you can send out a few product
recommendations and tell your readers why you think these products could improve their
lives.
Tell your honest experiences about them and leave the decision up to your visitors. It’s a much more effective strategy than hyping up everything and hoping you’ll manage to trick your visitors into buying something worthless.
Principle 9
You guessed, it. Keep creating even more content. Introduce even videos and audios into your content mixture. If you can’t create them yourself, hire a freelancer to do it professionally (and inexpensively) for you.
Never stop getting better and improving your site. Remember: the more content you have, the more value you provide to your visitors, the more credibility you build with them, the higher your conversion rate will be and the more money you’ll make. Again, it’s a WIN-WIN situation.

Conclusion on How to Monetize Your Website

So don’t rush finding the answer to how to monetize your website.
The more you do it solely for the money, the less profitable you’ll actually be. On the other hand, the more you want to help your visitors the more money you’ll make.
In short: Follow your bliss, do a great job and wealth will follow as results.

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