How to monetize the site: Monetization on a site like this is somewhat tougher. The problem is that the VAST majority of people who go to a tiny homes website are just lurkers. They are just fascinated by the idea but will never ACTUALLY build a tiny home. Thus, they’ll never buy an online course showing them how to build their tiny home, or use your Amazon affiliate links to buy products for their tiny home. Realistically, the best monetization strategy for this website is ads. Ad revenue is very small for sites with under 30k pageviews/month so your first year will likely be pretty dry. HOWEVER, ad revenue builds up quickly when you can get to a private media seller like Adthrive (requires 80k pageviews/month) or MediaVine (requires 30k pageviews/month). Ad revenue is very consistent and passive, so it could be a very nice site.
Deposit Photos is another photo stock service. Its affiliate program allows earnings from 30% to 90% of a purchase made by a new customer who came from your website. In addition, you will receive from 15% to 20% for the purchases that the customer you generated made within a one-year period. You will have access to banners, text links and widgets that you can use for promotions.
When starting out, focus on being a generalist. You won’t know what you’re most interested in yet, so building up a general digital marketing skill set will help you hone in on the areas that excite you most. You’ll also be more hireable since a digital marketer who can wear a few different hats is much more useful than one who only knows how to do Instagram ads.
Behind the New Think Traffic Design (Results + How We Did It) with Chase Reeves – Think Traffic recently went through a complete redesign of the website, which increased their e-mail subscription rates dramatically. In this interview, Corbett chats with the designer who helped them with that, Chase Reeves, who shares how he developed the new design for Think Traffic.
EdX offers a wide range of courses on internet marketing, including Data Science and Analytics to teach you how to track your links and the demand for products based on customer sales and traffic; Fundamentals of Business to help you successfully learn and grow your business; and Digital Marketing, Social Media, and E-Commerce for Your Business, to help you learn how to identify your client base and market to them successfully. They even have an Introduction to Marketing course for those who are just starting out.
BTW, I think the whole “near me” thing would work pretty well for terms like “chinese food near me”, “pizza places near me” etc., as you could monetise with JustEat/HungryHouse affiliate links (pretty sure they have them?) – e.g. someone searches for “chinese food near me”, hits your site, and sees something along the lines of a “XX chinese restaurants currently deliver to you. Order now at JustEat!” either as a pop-up or before the actual listings themselves.
Thanks for the great article…although I have to point out many of the items listed are not passive but active, such as selling bodily fluids, writing blogs or resumes, and collecting bottles and cans. To be truly passive, the income source must require no effort on your part (after initial setup). Real estate, dividends, P2P lending…these are truly passive income sources.
The choices I’ve listed above are the affiliate networks that I’m most familiar with. Most I use today or have used in the past. It’s hardly a complete list of all the good affiliate networks that are out there since there are so many. If you would like to share a network that you really like working with please list it in the comments section at the bottom of this page.
A key concern of online content creators is: how can I make money from the work I produce? There are many answers to that question, and while there are no right or wrong ones, per se, affiliate marketing programs are a respectable option; they are efficient at generating results, for both creators and brands, and are easy to get started with. When it comes to monetizing your efforts then, whether that’s video content, a website, a blog, or a social media channel, some of the biggest brands out there will pay a commission for every customer you refer to them.