Hello, welcome back to Gurusblend Tutorial. Many people have been asking me various ways to make money, so i dedicated this post to them. please follow this tutorial patiently...
Now that you've created a website, how do you make money from it? There are at least two ways in which sites can make money:
2. Selling Goods and Services
In this article, I will address the issue of how your site can actually make money from advertising.
Making Money From Advertising
If you look at many websites, you will probably notice that there are banner advertisements displayed on most pages. If you are a newcomer to the scene, you might think that you must either be a company or that your site must be famous before you can get advertisers, just as it is the case in hardcopy publications.
In reality, anyone with a website can get advertisers. While it is true that if your site is well-known, you may get companies contacting you to offer to advertise on your site, you can get advertising revenue even if you are just starting out and your site is relatively unknown.
The way to do this is to join as an "affiliate" of various companies or sites, either directly, or through an affiliate network. An affiliate network is simply an intermediary with whom you can sign up to get advertisers (as opposed to dealing with individual companies separately).
Affiliate Marketing Offers Pay Per Sale
Pay Per Sale or Lead (sometimes referred to as Cost Per Action, or CPA)
While you will probably get the highest payment rates with this method, it has the lowest conversion rate of the three schemes. You will only earn if your visitors click through the banner and either purchase an item from the advertiser or take some other prescribed action (eg, sign up for a service). Like the Pay Per Click method, you get much better results if you carefully select your advertisers to suit the target audience of your site.
In general, to avoid wasting resources in issuing cheques for very small amounts, advertisers will usually accrue the amount owing to you until it reaches a certain level (such as $25) before they pay you.
How To Choose An Affiliate Program
How should you choose an affiliate program? My suggestion is not to choose a program according to the payment scheme, but rather according to the kind of people who are likely to visit your website. For example, if you are targeting parents on your site, links to affiliates with educational software, books and the like may generate more revenue than banners that link to web hosting companies. The most important rule of choosing an affiliate program is to know your target audience.
Another point to consider is whether you really want to join every single affiliate program that comes your way. Some studies suggest that sites that make the most money from affiliate programs are affiliates of only a small handful of programs. Furthermore, concentrating your advertisements from one network may allow you to be paid faster. If you advertise for hundreds of different affiliate networks on your site, you may end up earning only (say) a few dollars per month from each network. If your advertiser's minimum payment amount is higher than what you can earn each month, it may take you a long time before you accrue enough to be paid.
On the other hand, that formula does not necessarily hold true for every site (or every page on your site, for that matter). For example, if your site has a particular theme, and an affiliate network only supports one or two suitable advertisers, you might want to sign up for a few affiliate networks so as to get a greater number of relevant advertisers. After all, advertisements that are relevant to your audience are more effective than general advertisements. (What's the point of putting banners from only one affiliate if nobody is going to click them?)
Lists of Affiliate Marketing:
their many affiliate marketing programs, however you can choose one below or sign up for all:
1. Amazon.com
2. Konga.com
3. Jumia.com
4. nairabet.com
you can search for more affiliate programs or better still try one of the affiliate programs above..
thanks for reading
Tolu Owoeye
Tags:
tutorials
