How Do Websites Make Money?

Websites Make Money?

Since I have been working online it is hard for me to believe that most people really do not know how websites make money. I know…right? So to help people who are new to the idea of monetizing the net, I decided to make a list of the ways that websites can make money. Or at least I will list the ways that I have heard of. I am certain, that out of the millions of websites and online opportunities out there, that other ways exist. If you know another way, be sure and leave a comment. I’d like to know too!

Ways To Make Money With Your Website

• Sell Your Products - Have a product or service and use a website to help sell it. Then take orders online, have a printable order form, or post a phone number, business address, or other contact information that customers can use. Of course, many e-commerce websites combine online orders and other contact information.
• Collect Sales Leads - Promote a product or service, and then include an information form that visitors can fill out with contact information. Viola! You have now turned a web surfer into a potential customer. Some businesses collect leads for their own use, and some businesses collect these leads to sell to salespeople.
• Sell products for other people - this is called affiliate marketing, and it is the type of money making enterprise that many people prosper with. You do not need to stock products, handle billing, or deal wth customer service. You just need to bring interested (targetted) traffic to your website and conince them that buying a sponsor product is a good idea. Of course, this is what we teach on affiliate underdog!
• Sell Advertising - Some websites just charge for advertising. For example, one popular joke site just charges other internet marketers for advertising. Websites may charge by the impression or by some time period. Of course, a website needs to have lots of traffic to get advertisers to keep buying ad space.
• Contextual Advertising - the most famous example is Google Adsense. A website owner places a script on a page, and it picks up the theme of the page. Then, when surfers click though, the webmaster earns money for sending traffic to other websites
• Charge For Membership - All types of websites, from dating to classified ads site, simply charge a periodic membership fee to let their members use their services.

OK, that’s what I came up with off the top of my head. Any other thoughts?