As the world of digital marketing expands, different mediums of monetization have come to the forefront. Be it through websites or through applications in today’s world, it has become quite easy to monetize your work. In this article, we will discuss how you can monetize traffic on your website.
On average, people spend around 4-5 hours on the internet. This includes the time they spend on social media platforms and other available applications. If the world seems to be spending a substantial chunk of their world on the internet, it seems only natural that business and brand should expand their market and create a space for themselves there.
As businesses and brands expand their base, the natural step would be to launch their website or/and an application. Out of the two, institutions prefer websites as they are easier and more affordable to make. There are more options and chances to make changes and variations.
Apart from that, one of the main reasons why businesses and brands choose websites for their line of work is that websites are very easy to monetize. Apart from your business of blog, there are many ways you can apply through which you can earn money by the traffic you receive on your website. In this article, we will discuss how you can monetize website traffic.
1- Running Ads
Now, everyone knows what ads are. Before the internet, we used to see them in newspapers, pamphlets, magazines, etc., and hear them on radios and TV sets. As the internet came into existence and the world became more and more accustomed to it, we saw ads on different websites about different products and services.
Running ads on your website means after your website reaches a particular amount of traffic, it becomes eligible to become host to ads put up by businesses and brands, etc. You might have seen ads for Amazon and Flipkart on the websites you visit. In a similar fashion, you can add ads on your website as well. Through this, you can monetize the traffic coming your way.
2- Affiliate Marketing
Through affiliate marketing, you can earn money that was generated by the traffic coming to your website. In simple words, affiliate marketing means a way to earn through creating links for different products and services on your website. These links direct the readers to the product/service you were advertising. Through this, you can earn a commission on each link click or the sales created by your referral.
This is one of the most commonly used media of monetization by marketers all over the world.
3- Subscriptions
A subscription-based model of monetization might be the best form of monetization for blogs and content websites. If you have a blog where you put up chapters for your readers on a weekly basis, it becomes easy for you to add the subscription system.
In this model, each reader will have to pay a certain amount to read the next chapter/blog on your website. This content paywall allows you to monetize the traffic you receive on your website.
In conclusion
In this article, we discuss how you can monetize website traffic. It is very challenging for a beginner to monetize website traffic in the beginning and there is a natural need to learn online marketing.
DelhiCourses.in is a top digital marketing institute in Delhi that helps budding learners start their journey in making money online through website traffic.