You can make income online through a variety of methods, did you know that? There are plenty of opportunities now more than ever these days. But what is the best way to earn money online? In my opinion, I believe it’s by earning revenue through a niche website. That can be through a blog or YouTube channel, depending on your interests.
Making income from a website is not too difficult; however, it will take time and effort to see the desired results. In this article, I will go over three relevant methods for earning income from a website. Also, I’ll explain how you can get started on the online route.
Note: We may include products or services that will be helpful to our readers. This post may contain affiliate links. For more information, please review the affiliate disclosure page.
- Is A Website A Good Way To Make Money?
- Earning Revenue Through Ads And Banners
- Affiliate Marketing (Affiliate Offers And Reviews)
- Use Other Platforms To Bring Visitors To Your Website
- Where Can I Get Started?
Is a website a good way to make money?
I could discuss other ways you can earn money online. But I believe that a website is helpful in earning money in the long term.
Depending on the niche you choose, websites can make between four-five figures a month. In some cases, it’s possible to earn six figures in a single month!
If you think about the long-term, it can be great passive income coming in if done correctly. Let’s review some of those methods to earn through a simple website.
This one is one of the simplest approaches to earning revenue. If your website has existing content published (i.e. articles), it’ll earn revenue when visitors come and click on those ads.
If your website gets a lot of visitors (and they click on those ads), that can be a decent flow of income coming in. Usually, you can make between pennies to a few dollars per ad that’s clicked on. That may not be a lot, but it can add up over time.
Common ad networks to earn revenue
There are many places you can sign up to have ads inserted on your website. Some of them include Google Adsense, Ezoic, and Mediavine.
Google Adsense has been around for nearly two decades, and it’s utilized by a lot of content creators who own niche websites. Their ads may not make as much, but they can add up if a website gets a lot of traffic each day.
A relevant article from notimekillers.com
Read next on “What Is The Best Business To Start In A Recession?” to learn which business is best to get rolling during an economic recession.
Affiliate marketing (i.e. Affiliate offers and reviews)
Affiliate marketing is one of my favorite methods to earn income online. Affiliate marketing involves partnering with companies that offer affiliate programs for their products.
Through your website, email list, or social media accounts, you can share and promote a company’s product. When you share a product, you serve as a middle person between the company and the potential buyer.
Depending on the product or service you promote, you can earn a commission if an individual buys the product. Typically, you will earn between 2 and 75% of the original price.
- If you promote a product that costs $500, and you earn 30% in commissions, you’ll end up making $150 from that affiliate program.
Making commissions of that magnitude a few times a week (or even every day) is a nice source of income for you. Through a website, you can insert affiliate ads and banners.
Or, you can write individual reviews going in-depth about a product or service. In those reviews, you can insert affiliate links or banners for visitors to check out.
How do beginners make money online?
One of the best ways to get started is by having a website. This website can be a place where you write posts on a niche you have an interest in, and write reviews for related products or services. Writing blogs is not difficult, but it can deliver passive income in the long run.
What do I love about affiliate marketing?
One advantage of affiliate marketing is you don’t need your own product. By that, it’s less work on your part when coming up with a perfect idea to sell.
Also, you don’t have to deal with customer support issues. If something goes wrong with a product, or if a customer requests a refund, you don’t have to deal with those hassles.
All of those concerns are left up to the company to make since it’s their product or service. So if you don’t want those responsibilities right now, affiliate marketing is a great starting point for launching an online business.
Use other platforms to bring visitors to your website
There are many outlets where you can post and share your content (from your own website). Although I’m not a big fan of social media, content creators are still using these platforms to grow their followers.
Once you obtain a good following on social media, these users can come to visit your website regularly. It’s another source to get traffic coming to your website.
The best place for higher reach?
These days, YouTube is the largest video streaming platform in the world. Also, it’s the second largest source of organic reach (behind Google search).
In other words, it’s a great place to find viewers without paying for any advertising.
If you enjoy making videos, utilize YouTube to start your own video channel. Especially if you’re going in the vlogging space (or into video marketing), YouTube is the go-to platform for any type of video content.
Why not ditch a website and use social media only?
Some people think they can earn income through social media only. While that’s possible these days, you’re putting your online business at risk.
The platforms may censor or shut down your accounts as a result of these risks. If you put content that’s controversial or offensive to some people (i.e. political), it’s possible these risks can come up.
You don’t have much control over a social media channel if you don’t own the platform. On the other hand, if you have a website, you have so much more control over your content. As the owner of your website, you can make more decisions on what you put up or not.
I will always recommend prioritizing your website first, as that’s your main source for business growth. Having accounts on social media can be helpful, but they should not be the primary way to earn income online.
Where can I get started?
There are many directions you can go in the online world. Even so, you need to learn how to do it in the most effective manner.
Sure, you can do it all on your own: Find information online or watch quick videos on YouTube about how to make money.
Or, you can look for an outlet that teaches you the foundations of an online business. Moreover, you can get help anytime when you’re part of an online community.
You can learn new skills while networking with like-minded individuals. Similar to my journey, all of these members are either starting out or running successful businesses online.
If you want to learn how to go about this route, I encourage you to take a look at Wealthy Affiliate. It’s the best platform to learn how to start an online business and eventually scale it later on.
The best part is you can try it out for free, and then go from there. If you want to level up your business and earn income the right way, check out this post from one of the co-founders of the platform.
As mentioned earlier, there are a lot of ways to earn income online. I could have made a long list of ways to make money online, but there are so many articles out there already.
I believe the best way is by creating a website to maintain a presence online. The three methods I went over work very well, if you take the necessary action on them.
Also, it’s the best way to earn income in the long run. Over time, the dividends will come and pay off if you’re willing to wait.
Your Turn: What do you think is the best way to earn money online?
I would like to get your thoughts on this topic. Are niche websites the best way to generate online income?
Which of the methods do you prefer the most? Do you think social media is still relevant in finding new people today?
How else can you make money online? Is it likely that they will still work in the future?
Feel free to share your thoughts by leaving a comment below. I look forward to reading your responses, and I’ll gladly respond promptly.
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Eric is a content writer and the site owner of notimekillers.com. He takes great pride in helping people manage their time and grow their businesses. Eric is a firm believer in time freedom, as he believes in taking ownership of time. “Time is your most important asset. It can be your best friend or worst enemy. How you use your time can shape the future you desire to have.” In his leisure time, Eric loves to write and read whenever possible. He enjoys going for long walks outdoors while doing in-home workout videos every week. You can follow Eric on LinkedIn.
4 thoughts on “What Is The Best Way To Earn Money Online? 3 Methods”
Anybody wanting to earn money online will find this post very helpful. There are indeed numerous ways to work from home and make money online.
But I agree that having a website with a niche, is one of the best ways to build an online business that can provide you with sustainable long-term income.
You mention ad revenue, but which ad network is better? Google Adsense or Mediavine?
Although ads can give you revenue, owning a website and doing affiliate marketing gives you more control. Wealthy Affiliate is a great platform to start your online journey.
With so many options to make money online, it’s hard to break it down at times. But what’s laid out in this post can be a starting point on the path to success.
Having your own niche website can be a great choice in the long run, and one that can pay off. I like the idea of having consistent income down the road.
Regarding ad networks, I’m not sure which one is better. Google Adsense and Mediavine look like great choices, but I don’t know which one out beats the other.
Maybe I’ll follow up on an article comparing the two, and then make a decision from there.
I agree that ad revenue can help with monetizing a website; however, you don’t have that much control. So you make a great point about focusing on affiliate offers over ad revenues.
Thank you very much for sharing your thoughts- they’re greatly appreciated.
I love how you express it – if you are focusing on social media alone, you risk your online business. That is very true.
The best way to build an online business is to create a website. One of my friends will call your website an online estate: You can easily monetize it with ads, affiliate marketing, or selling your products.
Some people would say to diversify your business. You don’t want to put all of your eggs in one basket, especially when it comes to social media.
Relying on social media alone is not the best strategy for growing a business. It’s why I say a website should be your primary focus.
The purpose of using social media is for people to discover your pages. Once they find you on social media, the next step is to get them out of there and visit your website.
At least that’s how I view it, and it can be helpful in growing a business. Similar to investing, you want to diversify (i.e. use social media), but still make your website the primary source for your business.
You make a great point about calling a website an online estate. There’s so much you can do with building a website, followed by monetization as well.
I like to think of it as virtual real estate, but the difference is you can sell a website for an even bigger return on investment. That’s a discussion for another time, but it’s something worth thinking about.
Thank you very much for sharing your thoughts- I greatly appreciate what you had to say.