5 Ways to earn money with your website in 2023!
5 Ways to earn money with your website in 2023!
5 ways below and consistently working to improve your website's traffic and monetization strategies, you can earn money from traffic monetization.
If you already own a website, it's crucial that you read this article to know more, so lets begin.
5 Ways to earn money with your website in 2023
Table of content
- Inquiries from visitor
- Sales & Revenue
- Referral & Affialiate Marketing
- Google Adsense
- Sponsored Post / Pay for advertisement
Generating inquiries and leads for your business directly from your website can be an effective way to make money. One strategy is to offer valuable content to your potential customers. For example, if you are running an interior design company in Malaysia, you can create a website where you provide renovation tips, showcase your portfolio, and offer ideas to visitors about designing their homes.
1. Inquiry from visitor
As you gain more traffic, you'll start receiving inquiries about your services and products, which will enable you to build a list of potential customers that you can later market to. But before you start doing this, please make sure that you website is SEO-Friendly. If it is not, your website's content may not be found by visitor no matter how valuable it is.
To maximize your website's earning potential, it's important to optimize it for search engines and user experience. This includes ensuring your website loads quickly, creating high-quality content, and using keywords that your target audience is searching for.
2. Sales & Revenue
The most straightforward way to make money from a website is by selling products. If you own a personal website, you can source products from manufacturers or wholesalers, or create your own products to sell on your website. In 2023, e-commerce is common and can be found everywhere because people already trust online transactions.
An e-commerce website is very suitable for retail businesses or companies, especially in industries like kitchenware, fashion, grocery, florist, entertainment, or any physical product that can be sold online. It allows visitors to view all your products freely 24/7 without any disruption. Many companies have their own e-commerce websites, such as IBath Studio, NBS Grocery, and Trex Metalware. With an e-commerce website, buyers can check out their products and pay for their orders seamlessly. The automated process not only saves labour costs but also increases sales.
However, it's important to price your products competitively, provide accurate product descriptions and images, and offer excellent customer service to build customer trust and loyalty.
3. Referral & Affialiate MarketingAnother popular way to make money from your website is through affiliate marketing. This involves promoting other companies' products or services on your website and earning a commission for every sale made through your referral link. To succeed in affiliate marketing, it's important to choose products that align with your website's niche and audience.
In Malaysia, Involve.asia has become one of the most famous and widely-used affiliate marketing platforms. It enables members to easily sourcing & promote their favorite brands and earn commissions. Popular marketplaces like Shopee, Lazada, and Guardian can also be found on Involve.asia.
To earn money through affiliate marketing, you can write an unboxing or recommendation post about a product, attracting visitors with your personal experience and rich content. Visitors who are interested in your post can click the referral link and make a purchase, which earns you a commission. This trend has caught on in Malaysia and can be done not just through websites but also on social media platforms like TikTok and Facebook.
4. Google AdsenseMaking money with Google AdSense is as easy as ABC. Simply apply for a Google AdSense account and display ads on your website. You earn money when visitors click on the ads. Once your AdSense account is approved, you'll receive ad code to place on your website. This code displays ads relevant to your content and visitors.
To earn more with Google AdSense, you need to drive more traffic to your website. Creating high-quality content, optimizing your website for search engines, and promoting your website through social media and other channels can help. Another effective way to earn more is by creating a free tool for public use, such as a Loan Calculator in Malaysia. You can place Google AdSense ads inside the tool, so every time someone uses it, you earn money. This is a popular and efficient way to generate revenue with Google AdSense.
However, it's important to balance the number of ads on your website with the user experience.
5. Sponsored Post / Pay for advertisementIf your website has a strong following and high traffic, you can consider offering sponsored posts to companies. These posts are essentially advertisements in the form of blog posts or articles, and you can charge a fee for publishing them on your website.
Earning money from sponsored posts involves collaborating with brands or companies to create content that promotes their products or services on your website. The goal is to leverage your audience and influence to promote the sponsor's message and increase their brand visibility.
Imagine you are internet celebrity, you can simply get a sponsored post from many parties. You can post related products & service at your website, you can earn money from sponsored posts in several ways, such as flat fees, commissions, or a combination of both.
Popular sponsored post websites in Malaysia, like Johornow, do a very good job with their services. They have several website to write sponsored post for SME in Malaysia.
In conclusion, traffic monetization from a website is a great way to earn money by leveraging the traffic and engagement of your website visitors. Whether you choose to monetize your traffic through display ads, affiliate marketing, sponsored posts, or other methods, it's important to focus on providing value to your audience while maximizing your revenue potential.
04 May 2023