Monetizing your website with advertising, referrals, and affiliate programs

You can make money with your website in several different ways. The most popular way of monetizing your website is through relevant advertising on your web pages. This is as simple as signing up for advertising through one of the world’s most popular venues, like Google AdSense or Yahoo Publisher. The amount of money you make, to be honest, is very low unless you have a lot of traffic on your website. If you’re just starting out, I recommend that you avoid plastering advertising on your web pages until you’re popular enough to secure lots of relevant traffic to your website. Regardless, advertising is what fuels the Internet and keeps everybody’s website’s up and running and free.

The second form of generating income from your website is through referral programs. We call this “Cost Per Action” advertising. The way this usually works, is by acquiring a special link from your sponsor and you are paid a set amount for sending traffic to his or her website. These payments can be for sending a relevant visitor to the website, you can get paid when the visitor provides an e-mail address or a phone number, or any other way the visitor converts to a possible lead. This is one of the most profitable forms of advertising because you can get high payouts when the visitor performs specific tasks. For example, Discover Card has a referral program that pays the advertiser $50 every time the visitor fills out an application for the credit card. If you had a website devoted to economics, this would be an excellent way to make load of extra money from your website. Commission Junction is a great website that offers programs like these for you to promote. You’ll learn a lot more about this in my full course.

The third form of generating income from your website, which is the one that is most profitable for most of my websites, if by joining affiliate programs. Some products will actually payout commission for sales that are referred by you. These commissions are generally anywhere from 1% to 75% and are a great way to make money from the content of your website. ClickBank is an excellent merchant for joining affiliate programs and promoting them on your website.

In my course, I teach you to do each of these in depth. Whether your just starting out or if you’ve got a successful website already, my course provides the tools to be successful.