In understanding the mechanics of making money online, you have to be observant of the ways through which money changes hands.
Generating money through a domain is pretty much like making money with any other website (that is, getting people to click to your site and get them to make actions that lead to the generation of money).
The deal here is to want to have visitors in your domain- and have lots of them- to make a substantial income if you are to rely on such means for income.
Here are a few tips you can act on to make money out of your web domain- and most are based on personal experience: Contextual ads- This is one of the most popular domain monetization strategies.
The most widely known contextual ad network is Google's AdSense.
To make money with AdSense, you simply place a snippet of code on your website and ads are displayed.
When visitors click on the ads, Google gives you a percentage of what that advertiser paid for the click.
In essence, this is an affiliate program for Google AdWords (Google's Pay Per Click platform).
How much money you make per click will depend on the industry your content represents.
If advertisers are paying a lot for a click (such as lawyers), then you can expect to see a few dollars per click that is generated from your site.
In other instances, where the cost per click is low, you will just see a few pennies per click.
If you have lots of content, this might be a good option for you, but if you are just starting out, you will likely be disappointed with your initial earnings.
Selling advertising- if you want to have more control over the ads seen in your site, you can solicit advertisers for ad space.
What you earn will be a ratio to the number of visitors your site will get over the course of time.
Ads are typically sold in a specified amount of dollars per thousand visitors (known as CPM pricing).
For example, if you get a monthly visitor rate of 10000 per month and have a CPM of $5, you can charge $50 to advertisers per month.
Selling affiliate products- if you can find companies that are related to your website that offer affiliate programs for sales, such programs can be used to pay for sales referred to them from your website.
Unlike selling advertising where you get up directly, this is more of a performance grade scheme, wherein you are paid for whatever sale is made or a generated lead.
Using these schemes, you can get paid for having a site up in no time.
Generating money through a domain is pretty much like making money with any other website (that is, getting people to click to your site and get them to make actions that lead to the generation of money).
The deal here is to want to have visitors in your domain- and have lots of them- to make a substantial income if you are to rely on such means for income.
Here are a few tips you can act on to make money out of your web domain- and most are based on personal experience: Contextual ads- This is one of the most popular domain monetization strategies.
The most widely known contextual ad network is Google's AdSense.
To make money with AdSense, you simply place a snippet of code on your website and ads are displayed.
When visitors click on the ads, Google gives you a percentage of what that advertiser paid for the click.
In essence, this is an affiliate program for Google AdWords (Google's Pay Per Click platform).
How much money you make per click will depend on the industry your content represents.
If advertisers are paying a lot for a click (such as lawyers), then you can expect to see a few dollars per click that is generated from your site.
In other instances, where the cost per click is low, you will just see a few pennies per click.
If you have lots of content, this might be a good option for you, but if you are just starting out, you will likely be disappointed with your initial earnings.
Selling advertising- if you want to have more control over the ads seen in your site, you can solicit advertisers for ad space.
What you earn will be a ratio to the number of visitors your site will get over the course of time.
Ads are typically sold in a specified amount of dollars per thousand visitors (known as CPM pricing).
For example, if you get a monthly visitor rate of 10000 per month and have a CPM of $5, you can charge $50 to advertisers per month.
Selling affiliate products- if you can find companies that are related to your website that offer affiliate programs for sales, such programs can be used to pay for sales referred to them from your website.
Unlike selling advertising where you get up directly, this is more of a performance grade scheme, wherein you are paid for whatever sale is made or a generated lead.
Using these schemes, you can get paid for having a site up in no time.