Nowadays, websites can benefit you in more than one way. Not only can a website help you tap into a huge market filled with millions of potential customers, but it can also boost your business and raise brand recognition and awareness.
And if all that wasn’t enough, a website can help you make money on the side. It is an easy way to diversify your income and make passive income – even when you’re sleeping.
Here, you’ll learn five ideas that can help you create a money-making website and turn it into an additional income stream. But before we get into all the ideas we want to share with you, we need to cover one crucial fact that all new website creators should know.
Namely, before you start creating your website and turning your vision into reality, you need to find suitable web hosting services for your site. Without web hosting services, your site won’t be able to get online and be visible to other people. Thus, it’ll only be visible to you. You can learn more about web hosting services here and find out what kinds of services exist and how much they cost.
Now, we can continue with the main point in question. Let the ideas roll in!
1. eCommerce Website
Online stores have become all the rage ever since the pandemic hit. And because of that, starting an online store has become one of the most popular ways to make money online.
You can sell products and services of all kinds on your online store or eCommerce website. You can accept payments and provide customers with shipping details right on the website. There are special website builders that offer tools for creating eCommerce sites, which is an ideal solution for beginners and those who don’t know how to create an eCommerce site from scratch.
But what makes an eCommerce website different from a corporate website? Corporate websites usually provide information about the company in question, including what it does, how you can contact its employees or owners, and other similar info. On the other hand, on an eCommerce site, people can see what you offer and buy directly from your site. It is the most straightforward way for you to sell your products to people from all over the world.
2. Blog
Blogs are another great way for you to make money via a website. They’re easy to create and allow you to place ads and sponsored posts and get additional income.
You can write whatever you want on your blog, and you can either have a blog as a standalone website or as an addition to your already existing one. To make money from your blog, you can also add a subscription system, which allows readers to access your blog posts and articles after they pay a certain monthly fee.
Another way you can make money from your blog is through affiliate marketing. Namely, you can promote certain products and services and add your affiliate link or code. By doing so, you’ll be making money from each purchase made with your code or link.
3. Membership Website
You can make money with a membership website by providing both generic and exclusive content on your site. Namely, the generic content would be available for all visitors at no charge, while the exclusive content would be restricted, and only people who pay a certain membership fee would be allowed to access it.
4. Dropshipping Site
If you want to create an online store but don’t want to deal with managing inventory and organizing shipping, then creating a dropshipping site is the ideal solution for you. By creating a dropshipping site, you’ll be able to sell products without having to build up inventory or worry about shipping.
All you’ll have to do is promote the products you want to sell. And when people buy them, your drop shipping partner will take care of shipping and inventory.
5. Reseller Hosting Site
Reseller hosting is a special hosting service that allows virtually everyone to sell hosting without the necessary equipment and setup. Namely, you won’t need to set up servers or anything else that is required for someone to sell web hosting.
All you’ll need to do is promote a hosting plan and sell it to your visitors. Everything else will be taken care of by the web hosting company from which you buy your reseller hosting plan. You’ll make money from each sale, but you’ll have to pay a monthly or yearly subscription for the reseller hosting plan that allows you to sell hosting in the first place.
Overall, selling hosting doesn’t require much effort and can be a great source of passive income for many website owners.
Final Thoughts
Now that you have a few ideas on how to start making money from a website, you’re ready to pick the one you like best and get down to business! The next step for you will be to create your website. We know this sounds scary, but it really isn’t.
Creating a website has become so easy that even beginners and people with no previous experience can do it. You can create your site with a website builder, which is the easiest way to do it, or you can hire a developer to do it for you. Of course, you can also create the site from scratch by yourself. It’s all up to you and which method suits you best.
However, no matter which method you choose, you should make your website easy to use and navigate. You can check out this “What makes an amazing website” guide for more tips on what your site should include and what it should look like. Good luck!