Under the hood, WordPress is the most popular and simplest portal that allows you to create a blog or a website. In fact, this content management system can be guessed from the fact that it’s currently powering more than 39.5% websites.
WordPress is one open-source platform that is licensed under GPLv2, which simply means that anybody is allowed to modify and alter the software.
Also, this feature-rich, versatile platform allows you to develop a variety of websites, such as:
- Business websites
- eCommerce stores
- Social networks
- Auction sites
- Membership websites
And many more.
Top 10 Ways to Monetize Your WordPress Website:
If you’re looking forward to monetizing your website, there are plenty of ways that can help you reinforce the cash flow. Jotted down below are top ten such ways that you can try out.
1. Begin Affiliate Marketing:
As a website creator, you must have got dabbled in the fair share of digital services and products. If you’ve used a lot of them, it’s time that you get opinionated. Recommending products from different businesses and placing an affiliate link into the content can help you gain revenue with each share or purchase.
2. Try Google AdSense:
With Google AdSense, you can easily enable credible advertisers to display their ads on your blog or website. And, in return, you can generate revenue from these ads. With AdSense, there are two different methods that can help you generate money, such as:
- Pay Per Click (PPC)
- Pay Per Mille (Or View) (PPM / PPV)
While the first method allows you to earn a certain amount each time somebody clicks on the ad; the other one lets you earn money for every thousand views or clicks on the advertisement.
3. Start an eCommerce Business:
Website developers and business people have already understood the promising value that an eCommerce store offers. Approximately, by 2040, 95% of purchases are to be done through online stores.
Thus, if you’re thinking to sell products online, there’s nothing as better as a WordPress platform to create a website. Simply use WooCommerce plugin, and you can begin right away.
4. Create Online Webinars or Courses:
If you don’t want to be the herd-follower, try sharpening your game even more. Go beyond creating an online store to become an educator or an influencer. You can pick one niche or skill and master it incredibly well.
And then, through WordPress, create a platform where you can host paid courses or webinars. Teach the fellow interested people the skills you own and earn through it.
5. Create an Auction Website:
If not through an eCommerce website, there are plenty of people earning a passive income by auctioning products online. And, when you make such type of a platform through WordPress, the process is extremely easier. All you’d have to do is choose a WordPress auction plugin or any other auction software, and begin the development. Then, you can sell products anywhere in the world.
6. Write Sponsored Reviews or Posts:
Writing has always been a preferred niche for a majority of people. The good thing is that you can easily get a lot of variation with this type as well. You can either write sponsored posts, promoting products or services while charging a specific price, or write genuine niche reviews. Even for these reviews, you can get paid a satisfactory amount.
7. Sell Designing Services:
If you think you’re a creative person, show some skills with attractive, eye-pleasing designs. The likes of clip arts, illustrations, product packaging, labels, templates, logos and other items available in digital format are high in demand these days. Thus, designing and selling them as per the requirements of clients can be an adequate monetization strategy.
8. Sell WordPress Products:
Why don’t you use WordPress to sell products that are used to make this platform a seamless one? Of course, there are an array of themes and plugins that need the limelight they deserve. So, if you think your selling instincts are good enough, you can display a collection of high-end WordPress themes and useful plugins to sell the same.
9. Provide Freelancing Services:
Freelancing, these days, has become quite significant across the world, and the advantage can be taken through WordPress. Therefore, you can develop a website to showcase your samples and invite potential leads for conversion. Right from ghostwriting to website development, designing, creative cursive handwritten notes, and many more can be sold online.
10. Make a Calendar or Board Website:
Another possible way to make money out of a WordPress website is by creating a job board website where companies and organizations can post their vacancies. This way, you can charge both from the companies and the job-lookers to post and connect. If not, you can try creating a calendar website and divide the same into different categories on the basis of clients’ and users’ interests. For each event, charge as you like.
In a Nutshell:
If done in the right manner, WordPress website monetization can provide game-changing results, whether you’re a freelancer or running a business. Thus, choose wisely, and the monetization method will help you reap amazing outcomes.
If you don’t like to be stuck within a cubicle or looking for a passive income, choose any of the options mentioned above and begin implementing your ideas right away. While it may take a while to start earning out of it; however, it’s definitely going to be worth it.