10 Proven Ways to Monetize a Website (or a Blog)

Making money from your website isn’t a myth. It’s doable by anyone. In fact, turning a part-time, hobby blog into an income-generating asset is fairly common with a bit of luck and some hard work. At the very least, you should be able to make enough to cover your basic expenses for a domain and hosting. You might even be able to replace your income (and then earn some more).

Here are my 10 Proven Ways to Monetise Your Website

1.Selling ad space

Incorporating Google’s AdSense on your website is just one way to make money from online advertisements. Another is to simply sell your own ad space directly to companies looking to sponsor different blogs. You can come up with a price for each space, for example: “Sidebar banner ads will cost ₦xxx per month”. You can get paid depending on how many visitors you get. Typically it’s quoted as a dollar amount per one thousand impressions (or CPM). You might see it as: $5 CPM. If the website gets 100,000 visits a month, that ad price translates into $500 bucks.

The good thing about this approach is that if your site gets a ton of traffic from different sources, your simple banner ad pricing can go up to as high as $5000 per month! The obvious downside is that if your site doesn’t get a lot of traffic, you can’t expect to earn much either. The other common method when selling ad space directly from your website is a simple direct price. You simply name a price (based on what you think it’s worth, relative to what the competition might be charging), and get paid upfront at the beginning of each month. This pricing is also generally a simple flat fee, not tied to a Cost Per Click like AdSense.

Where can I let others know that my website is selling ad space?

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