Method 1: Build an email list
If you’re serious about making the most income you can from your website, building an email list is vital.
Now — by doing this, you’re immediately making more work for yourself, because even though you’ll set things up so every email subscriber can automatically unsubscribe if they choose by clicking the unsubscribe link, some will still reply to you asking (not always politely) to unsubscribe them. So by doing this, you’re creating some support work for yourself.
So if you want a totally hands off business, this may not be for you, but if you’re happy to put up with this inconvenience, the upside can be huge.
Here’s how it works:
- A visitor comes to your website.
- You offer them something valuable (eBook, private membership…etc.) in return for their name and email address
- You follow up on them, once or twice a week (or even more if you like, probably best not to overdo it though) with useful content mixed in with promotions. You can just send out promotions if you like, but it’s unlikely your list will stay subscribed if you do.
- Every time you send out an email in this way, a percentage (I’ve often seen 5%) click through to visit the offer you’re promoting. So 1,000 subscribers means 50 visitors to an offer. But over a year (52 weeks x 2 emails a week) that’s 5,200 repeat visits that you wouldn’t have seen if you weren’t building an email list.
And it’s important you stay within the rules of CAN-SPAM when dealing with email lists.
Method 2: Get paid for reviews
You have to mention that what you’re writing is a paid review, but if you do that you can get paid for writing reviews!
Some website owners get paid $30 per review, some $5,000 — it all depends on how much traffic you get.
Now if you’re doing this it’s important you don’t over do it, I would say every few posts at most, and importantly give an honest review.
Method 3: Sell physical products
How does Amazon make most of their money? Easy – selling physical products like books, DVDs, TVs…
Now, chances are you probably don’t want to have your own warehouse! But with drop shipping, you can advertise as many products as you like, collect money for orders, and then send the maker of the product xx% (perhaps 50%) of the order, and they ship it straight to the customer.
With a bit of research you can find merchants that drop ship products in this way. Some even will give you a branded white label store front instead, which actually makes things way easier for you — what this means is it looks just like someone’s shopping on your site, but in reality they’re placing the order with the merchant, with you getting a percentage.
Or of course, you can promote as many physical products as you’d like as an affiliate, which frankly is the easiest way to promote (and make money from) physical products.
That said, many, many people make very good money getting products cheap in bulk, and reselling them through their own site or on eBay. But that creates a lot of storage and order fulfillment issues that may not necessarily appeal to you.