Site Monetization Strategies




Best Website Monetization Strategies and WHY

The definitive guide

What you’ll learn:

·         What website monetization is
·         Types of website monetization strategies
·         Important Factors that determine the type of monetization to implement
·         Fast Monetization strategies

Introduction

Website monetization is a common problem newbies come to face after they build a site
But it should be something you have earlier on decided on before creating a site

WHATS the best monetization Strategy or method for a website and when or why should you implement a particular one?
Well this is not a very simple straightforward question to answer since site monetization depends on certain factors which we need to consider first in order to arrive at the right conclusion.
  
We are going to explore these factors a bit more
Everybody wants some form of returns on investment from their website. For many, the main goal or expectation from a site is to earn some living from it after all what good is a site if it doesn’t earn you something.

You want your efforts to pay off and earn you steady income which you may want to rely on for sustenance...that’s a worthy expectation from a site you’ve worked your ass off day in-day out like clock work

But there’s a BIG problem...

How do you make your website pay you?
How do you make it earn you steady income online so that you can solve your financial problem and as well achieve other purposes?

 webSite Monetization Factors You need to Consider first

·         What type of niche are you targeting?
·         Do you have a Niche site or an Authority site
·         Do you have enough monetizable website content
·         Do you have enough traffic
Now let’s expand these factors a little bit more to fully understand what each of these factors entails and

 

What type of Niche Are You Targeting?

Of course all Niches are not equal some monetize better than others. If you want to target a niche that can be easily monetized profitably then you’ll have to determine the niches’
·         Search volume per month---is it up to 30,000 per month?
·         Interest over time---is it seasonal or evergreen?
·         Has large active fans on social media---are they up to 50,000, or 100,000?
·         Has large active groups
·         Has considerable competition or adverts


Some niches are not profitably monetized because they don’t have enough search volumes per month ,no considerable interest over time,  little or no active fans on social media, little or no groups, little or no competition or adverts

If the niche you plan to monetize show these ‘doom tale ‘signs you might end up not making a red cent let alone earn a living from it. let it go

There are 3 big Niches in this planet


  • The health niche

  • The Make money niche

  • The entertainment Niche

These big 3 have thousands of sub niches you can choose from. You can find out a profitable niche by doing keyword research. You can do this using keyword research software or you can do this all important research manually using free keyword research web tools


I use seopowersuite to make keyword research and this software greatly simplifies the process extracting for you red hot profitable niches you can target using this powerful keyword research software
Here is a video I did that’ll show you how to easily find out hot profitable niches you can monetize profitably (video link here) you can also download a trial version of  

 Do You Run a Niche site or an Authority site

What’s a niche site and what’s an authority site?
Well simply put a niche site focus on a subject for instance weight loss but an Authority site focuses on many subjects from and beyond a niche-

So does your site focus on a particular problem people are searching a solution for or or does it focus on many different problems of a market.


If it focus on a particular problem people have then it is a niche site
Monetization methods that work pretty well on them is
 Product creation, Affiliate niche products promotions

An authority site has the following characteristics that you can know them with pretty easily
1.    they contain very  high quality valuable contents
2.    They contain large quantity of content of various forms ranging from videos infographics, articles ,Pdf  etc.
3.    They update frequently
4.    They’re user and SEO friendly
5.    They have other authority sites linking to them

Do you Have Enough Monetizable content?

TO BE CONTINUED...

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