make money online 5

 

8. Sell Advertising Space

Selling digital advertising space is one of the most common ways to monetize a website and earn passive income. The advertising revenue is measured based on clicks or user impressions – more clicks means more money.

Important factors advertisers look for include a website’s content category, audience demographics, and user devices. So, dedicating time to create quality content and improve SEO strategies is vital.

To start selling ad space, sign up with an ad network like Google AdSense and simply embed the ad code in the site. If you run a WordPress website, follow our tutorial on how to add AdSense to WordPress.

Remember not to oversaturate the site when choosing ad placements since this can negatively affect user experience. Instead, we recommend using a heatmap software tool to determine the best ad placement location for optimal conversions.

Here are some other advertising networks you can sign up on:

• Adcash. Use an anti-block feature to bypass users’ ad blockers and obtain higher earnings.
• Propeller Ads. Supports multiple ad formats, including interstitial and push notifications.
• Media.net. Get exclusive access to the Yahoo! Bing network for keyword-targeted ads.
• Carbon Ads. A great option for technology and design-based ads.

9. Create a Subscription Job Board

With more and more employers turning to online hiring, job boards have great market potential.

There are two main ways to make money online when creating a job board website. The first is to rent out space for employers to advertise their job listings. The second is to sell access to exclusive job listings to job seekers via a paid membership system.

For example, popular job board websites like Indeed, Glassdoor, and ZipRecruiter charge employers for premium job post placements. Most of these sites base their pricing plans on factors such as posting period, in-depth company information, or reviews.

The easiest way to create this type of website is with a WordPress job board plugin. For example, WP Job Manager offers tools to submit and manage job listings code-free. If you want to restrict access to job postings, consider installing a membership plugin.

10. Buy and Flip Websites

The process of buying and selling websites is relatively simple. After purchasing a site, optimize its content for search engines, generate revenue, and sell it for a profit. It’s an ideal money-making project for anyone who enjoys website design, improving SEO, and curating a great user experience.

Knowing which websites to buy and invest time in is essential since not all of them have future value. A good rule of thumb is to opt for ones already generating revenue and traffic. Similarly, websites with a popular niche and a premium domain name are easier to sell at higher prices.

Here are a few marketplaces for finding websites to purchase:

• Flippa. Offers a wide range of niche websites with a global network of buyers and sellers.
• Latona’s. Mainly promotes websites and online stores no younger than a year and with a minimum annual revenue of $20,000.
• Empire Flippers. Sells profitable websites with a wide range of monthly revenues, from hundreds to hundreds of thousands of dollars.
• SideProjectors. A platform to buy and sell digital projects like websites, eCommerce stores, apps, and domain names.

To avoid making a bad investment, there are a few factors to consider before purchasing a website.

The first criteria to determining a website’s worth to ask for proof of concept and revenue and inquire about the site’s current monetization methods. Then, check the volume and source of its traffic – this is a good indicator of a website’s potential.

It’s also a good idea to ask about existing site issues and verify why the original website owner is selling it in the first place. Also, make sure to double-check the seller’s background and avoid buying sites from anonymous brokers.

11. Start a YouTube Channel

Running a YouTube channel has become an increasingly popular way to make money online. As the largest video-sharing platform worldwide, it has a vast audience of over 2 billion active users worldwide.

There are multiple ways to earn money from a YouTube channel, but the first step involves signing up for the YouTube Partner Program and ensuring you’re eligible for monetization.

The most popular way to make money is through advertising, but alternative monetization methods include channel memberships, Super Chat and Super Stickers, merch, and YouTube BrandConnect.

YouTube allows almost all types of content in various niches, from gaming reactions to daily vlogs.

Growing a YouTube channel is similar to a blog, meaning you should publish content consistently to generate traffic and build an audience base. Investing in a good camera and video editing software to improve video quality can also attract more viewers.

Also, don’t forget to practice YouTube SEO. It includes adding relevant keywords and tags to the video titles and optimizing video descriptions for search engines.

Aside from being a profitable venture, starting a YouTube channel can be beneficial for building a brand. Videos can generate leads, help redirect traffic to your website, and have a better return on investment than images, making them a great marketing tool.