January 3, 2013 by Adam Huet
Recently I have been thinking about starting on different projects and although making a living from them is not the goal, I do have to keep in mind how I could possibly make money from them just to break even. When I started blogging last year the biggest and most obvious form of making money from people viewing my page was, for the most part, my only option of getting any kind of money from it.
This is how Google makes its billions of dollars each year, this is how Facebook and Twitter make a majority of their money and this is how blogs on Blogspot (the platform I was using before switching to WordPress) make their money, again, for the most part. Since Blogspot is a product managed under Google, AdSense is built into Blogspot and setting up an AdSense account is exactly what I did. The short version of my opinion is it’s the easiest way but its the slowest way to make money. The more people view or click the ad, the more money you make. Simple, quick to set up but not very profitable.
Selling a Product or Service
When we started Daytaro, this is how we made and still make our money. A person comes to our site, they contact us in need of our help and we make money by providing our services to them. This is a harder way to make money but it is more profitable than ads and is more customizable. What I mean by that is I can sell t-shirts, a service, an hour phone call (entrepreneurs like Mark Cuban do this, you can talk to him for $X a minute or hour), and many, many other things. For ads you have to provide content that people want to see and keep coming back to see and for selling you must have a product/service that someone wants. For most cases selling is harder than just throwing up a couple of ads on your site.
We have an affiliate link on the bottom of each page of Daytaro’s website and these work by putting a link, or in our case a little button, in the middle of the content or on the bottom of a page that relates to the website. We provide the service of making websites and having a link to a website hosting company, the company that we use, Fatcow. When someone clicks on that link and signs up for their service, we get a cut of the deal. These are primarily used in blog posts when the author references a book and then they provide an affiliate link to Amazon. So when a reader clicks on that link and buys the book, the author gets a cut of that purchase. I like these better than ads (well I actually like all of these methods better than ads) because they are more customized and appealing to the audience. Since they are related to the content better, each purchase yields the webmaster more money.
These are the top three that I have used and think are the best to go with. I will always use ads as a last resort since I think there are better ways to go about making money from hosting content but it is still a viable method. If you are starting your own blog or website of any kind, this is a great place to start but there are many other ways. Once ListYard gets off the ground I will add the method I am using on that site to this post. If you need any help or have suggestions, the comments section below is ready and welcoming.