Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24
US House Prices Trend Forecast 2024 to 2026 - 11th Oct 24
US Housing Market Analysis - Immigration Drives House Prices Higher - 30th Sep 24
Stock Market October Correction - 30th Sep 24
The Folly of Tariffs and Trade Wars - 30th Sep 24
Gold: 5 principles to help you stay ahead of price turns - 30th Sep 24
The Everything Rally will Spark multi year Bull Market - 30th Sep 24
US FIXED MORTGAGES LIMITING SUPPLY - 23rd Sep 24
US Housing Market Free Equity - 23rd Sep 24
US Rate Cut FOMO In Stock Market Correction Window - 22nd Sep 24
US State Demographics - 22nd Sep 24
Gold and Silver Shine as the Fed Cuts Rates: What’s Next? - 22nd Sep 24
Stock Market Sentiment Speaks:Nothing Can Topple This Market - 22nd Sep 24
US Population Growth Rate - 17th Sep 24
Are Stocks Overheating? - 17th Sep 24
Sentiment Speaks: Silver Is At A Major Turning Point - 17th Sep 24
If The Stock Market Turn Quickly, How Bad Can Things Get? - 17th Sep 24
IMMIGRATION DRIVES HOUSE PRICES HIGHER - 12th Sep 24
Global Debt Bubble - 12th Sep 24
Gold’s Outlook CPI Data - 12th Sep 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Website Monetization as a Formula for Success

Companies / Internet Sep 08, 2018 - 03:44 PM GMT

By: Submissions

Companies

Do you believe that website monetization works? Many people are skeptical about the concept as they believe that you can find any premium content on Google if you look hard enough. The truth is that the internet is cluttered with content and to discover a valuable piece you have to dig very deep, and this will take a huge amount of your time. Monetization will work only if you know how to set up a business model right.  Unfortunately, most of us don’t know how to do this. But there are a few online tools that can help.


Online website builders that provide the full web development and web design experience offer monetization functionalities as well. You can now make money from your premium content with just one click of a button.  Technology advancements made it easy for us all to design and apply certain functionalities online. However, as we mentioned before, we now struggle with the concept of monetization. What type of content should we consider premium? How can we attract visitors and buyers? The questions are not simple, but we will offer answers anyway.

There is no unified formula for a successful monetization, but here are some tips that will help you along the way.

1.    Sell only high-quality content

If you already have a blog and you offer online content to your visitors on a daily basis, then the premium content should be something that stands out from the standard one. You can only earn money from content that is high quality, offers incremental value and can solve someone’s problem immediately. For instance, websites like Financial Times monetize on a content that is written by experts in the field whose advice can effectively solve someone’s problem in the industry.

In order to retain customers, make sure that premium users are treated really well and are getting the value for their money.  If you are a photographer and offer images, your premium features can be the possibility to download some of the photos or access behind-the-scenes material.

2.    Promote yourself on social media

It seems that everyone is chasing for the short-term tangible results. Social media may not provide immediate results but the constant investment will give you high ROI in the long run. Paid advertising on social media network that is used by your target audience is the best way to promote your premium features. However, don’t exclude organic share. Sometimes, organic updates, good hash tag strategy will help you make money using social media.

3.    Engage in affiliate marketing

Arrange sponsorship and affiliate marketing with influencers in the industry. This part might be a bit tough if you are a beginner, but if you try hard enough, you will get results for sure. Paid sponsorship, influencer marketing, and affiliate marketing are the best things you can do for the promotion of your premium content. If you want people to start buying, you need to start investing in high-profile people and websites. People listen and follow advice from social media influencers and quality portals almost blindly. There is no better marketing than the word of mouth marketing.

Monetization as a concept is effective only if you prepare a quality strategy and plan. You need to have an enterprising mentality and be prepared to invest value so that you can get something in return. Make money using social media, contact influencers and make sure that the product you are offering is one of a kind and gives value to your target audience. People tend to buy things that offer value and help them become better at what they do. Keep this concept in mind before you decide to add any premium features as a part of your monetization strategy. 

By Sumeet Manhas

© 2018 Copyright Sumeet Manhas - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in