Owning websites is just like owning properties, the more websites you owned, the more money you can make. It is a simple formula.
Having websites that generate income for you automatically can free you from being locked in the rat race; you will have more streams of income so that you may not need to depend on just your salary for living. Even while you sleep, your websites can still earn some money for you.
Hence, the most important thing to know is how you gonna make money from websites? How are the 5 steps to create great income generating websites:
1. Put in Efforts Initially
It costs very little like less than a hundred dollar to create a website but it takes time and effort to build great content that can generate interest among your website visitors. Rome is never built in a day. You need to put in more hard work initially in creating outstanding contents for your web pages. You may also need to constantly update your websites so that people can come back to appreciate your website.
2. Monetize Your Website
There are many ways to monetize your website. The most common one will be to insert Google adsense on your website. You can also put related affiliate links in the form of textual, contextual as well as image ads on your website. Although this may not earn you much money but sure it is better than any other form of investment. For example, if you only spent less than $100 a year to create your website and are able to make $200 a year from one website and which this is definitely very possible, it will mean that you are already making 200% return from each website.
3. Sell Ad Spaces
Focus on niche content and naturally you may have people asking you if they could put their ads on your website. This is because the more niche content you put on your websites, your website will most likely be indexed by Internet search engines for some of the popular keywords your niche market prospects will most likely type when they search online. Advertisers and related business owners therefore would want to put their ads in your website so that it may bring them potential business in the future. Ad spaces therefore can generate another additional monthly income for you on autopilot.
4. Market Your Services
You can also sell your products and your services with your website. All you have to do is to generate more contents so that you will garner more traffic to your websites. One thing to take note that if you plan to market your products and services on your website, it is advisable not to put up any Adsense ads. This is because your competitors’ Google ads will surely be there. In this way, you may be giving your prospects away to your competitors by earning a little from Adsense.
5. Create Another New One. Don’t Stop.
As mentioned above, the more websites you owned, the more passive income you will get. Once you have done with a website, go on and create another. You need to treat this like owning a business. When one is up and starting to breakeven or making profits, you should divert your profits to another website to bring in further profits. Focus on the long term. As a rule of a thumb, create one website a year. If you want to see money fast, you can create a new website each month. It’s really up to you how you want this to be.
Then somebody will ask, how can I manage so many websites at one go? Obviously you can’t but you can outsource. There are people out there who are willing to do the design, ghostwriting and stuffs for a price that you are able to pay with a small proportion from your profits. This will free you from doing the work all by yourself. What it means to you is that, you can focus on your business direction and plan what is the next money generating website you are going to do.
Owning good websites is the most valuable investment asset anyone could have in this era where properties prices and stock investments or even setting up traditional businesses are so dear. Owning websites opens up money making opportunities for anyone, it does not matter whether they are rich or poor at present, all they need is a drive to achieve success for their websites.