5 Ideas To Monetize Your
We have compiled, from separate sources, 5 Ideas To Monetize Your Website Part-3.
Selling a digital product is an excellent monetization method if you’re short on time because it doesn’t require continuous content creation work (like blog posts do). You create the product, then invest time in promoting it to your audience and new readers. Physical product sales require a bit more attention. But you can delegate inventory management, fulfillment, and shipping to a third-party provider and focus on customer service and marketing above everything else.
Monetize Access To Your Email List
Do you spend hours meticulously curating your newsletter and creating content for it? Ask your readers to chip in for the effort. Most will gladly agree because they already know how great your content is. The Economist (Espresso) has been running a paid newsletter since 2014, and since it’s still up today, we can assume this monetization strategy pays off. You can use Revue or Substack to set up a paid email newsletter and protect your content from public sharing.
Another way to leverage your website audience is to negotiate sponsorship deals with other companies. You can charge for:
- Publishing a post on a relevant topic with a link to the sponsor website (advertorials)
- Reviewing one of the sponsor’s products in your article (sponsored reviews)
- Including their content in your email newsletter (newsletter sponsorship)
- Any bonus promotion on social media
While sponsored content isn’t a scalable website monetization strategy (unless you want to turn your blog into an advertising board), it can yield you some extra cash.
Use your website as a portfolio to promote your skills and services online. Freelancers with personal websites tend to charge 65% more per hour than folks without one. So set up that Hire Me page! With the freelance economy growing year over year, you won’t stay long without a gig.
If you are an established authority in your industry and have a strong personal or business brand, you can launch a certification program. Think of it as an advanced training program or e-course with homework, exams, and grading.
Copyblogger has its Authority program (soon to be Digital Commerce Academy) for content marketers and writers. Joanna Weibe from Copyhackers runs a Copy School for conversion copywriters. Both blogs (and the people behind them) have undeniable credibility within their industry, which gives their programs a stamp of approval.
We hope that these ideas have helped your marketing efforts
For Assistance With More Sales, Visit Hughes Agency.ca.
Article compiled by hughesagency.ca
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