Finding More Money in Your Website

This page is intended to assist you in finding additional forms of revenue in your website, Please leave us comments, questions, or success stories so that we can improve this guide.

Owning your own business is a dream that most of us have entertained a least a few times in our lives. If you are one of the few that has actually started your business, you have my congratulations. The majority of home business ideas or concepts never get beyond the “wishful thinking” stage. Acting on your dreams and ideas is the first and most important step.

One of the biggest problems new home businesses face however is money. It makes sense then that money, or lack thereof, is the single most common reason for home business failures. If you have your own home business or are hoping to start one, it is imperative that you evaluate every potential income stream possible.

The first step in diversifying your business and also an important factor in any successful home business is the website. If you don’t have one, get one as it is unlikely you will get anywhere without one. Search the internet for free website templates if you are not skilled enough to build your own.

Once you have a professional looking website, you are ready to start diversifying. Let’s evaluate some of the ways you can earn money with your website, regardless of your product or business concept.

Affiliate Marketing is the process of placing ads and or links on your website that refer to other websites with similar products or content. You will get paid a commission any time a visitor to your site clicks and completes and action on your partner’s website. Some affiliate programs, such as those in the credit card industry, pay as much as $45.00 per qualified lead.

You can search for available affiliate programs using any of the search engines, or you can go through one of the affiliate marketing companies like Commission Junction or Lead Flash. Make sure your site is up and running prior to applying for an affiliate position or your request will most likely be denied.

One of the advantages of being an affiliate is that your partner company will supply you will all the advertising material and graphics you need.

Advertising
Another potentially unlimited income source is selling ad space on your web site. In the early stages of your website your best bet is to stay with packaged programs, such as Google’s Adsense or Kanoodle. There are dozens of companies offering this type of program so again search the internet for other options.

As your site grows in traffic (unique visitors per month) so does the value of ad space on your site. Eventually, you can earn up to $1,000 a month or so per ad. Again, the value of your as space is directly proportionate to your traffic so ensure that you are always finding ways to increase it.