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If you have a website, you can profit from even the tiniest number of visitors it receives simply by not wasting that traffic.
The key is in leveraging on each visitor and making sure you have a monetization strategy in place. Once you get this, you can make any website profitable with a little effort.
Here are 7 further ways in which you can profit from your traffic today:
1. Sell a product/service: First you can sell a product or service to your visitors. This is the best way to cash in from your own product. Usually an e-book or software works the best – they can be downloaded right away without hassle and shipping charges.
2. Opt-In list It is crucial you try to convert every visitor of yours to a subscriber of your mailing list. The most important asset that an Internet marketer has is his or her list of subscribers. They define whether you will go far in the online business venture. With an opt-in list, there are tons of ways you can profit further into the future. You can build repeat customers and turn your list members into partners for your products.
3. Viral marketing: You can provide a free product or bonus on your site to be downloaded by your visitors. Usually it’ll be an e-book where people can read from and learn useful information. In this bonus, you include give away rights and urge readers to give it away to anyone they want to. This way, you increase your own traffic, publicity and branding without needing to spend a cent.
4. 'Pay-per-click': In this case, you get paid when your visitors click on ads you place on your site. There are many advertising programs that give you a percentage of the profits based on click through. When people click on the ads shown from either of these advertising programs, you will earn money. And if your site receives good traffic, these programs alone can bring in huge pay checks to you.
5. Offer an advertising space: Targeted niche websites with high traffic can 'rent' a portion of space on their web page to advertisers. For example, you can charge $300 per month in advertising fee if your web page is pulling more than 2000 visitors a day. Other than that, you can also generate advertising revenue using exit pop-ups. By doing this, you won't clutter your website with too many ads and spoil the visitor's experience.
6. Affiliate marketing: If you don’t have your own products for sale yet, you can sell other people’s products instead and receive a commission on every sale. With affiliate marketing, you have an unlimited source of products to sell and you don’t need to go through any fulfilment issues after your sales.
7. Pay-per-lead or Cost per Action (CPA): Instead of earning money from click through, you are paid if your visitors subscribe into other people’s mailing list. Alternatively, there are a lot of big companies who need surveys to be done, and by referring your visitors to complete surveys, you can also earn good profits from your website.