There are two things that make a profitable website, earnings and traffic. While you can still sell sites even if either thing is missing, you will earn top dollars if the websites you sell have both. One of the easiest ways to make money off websites is through affiliate marketing and advertising. The concept of using affiliate marketing is to be paid for a portion of the sale you generate by promoting a certain product using your website.
For example, say you are promoting a certain product sold by an online market, like Amazon. You will direct traffic to Amazon through your affiliate links, which are embedded on your website. For each customer that purchases the product through your website, you will earn a commission.
You can also earn profits off your site through Google AdSense. These are Google-generated ads that can be embedded on websites. It is a free and easy way to profit online and does add value to any flipped sites.
To generate more profits off your website, you can always create your own information product and sell it off online. You need to determine what type of product to sell, like an eBook. Gather all information you need online and then base your info product on data you got through research and create a nice package. You’d be surprised how many people are willing to pay top dollars just to seek solution to their problems online. One example would be Clickbank, which houses thousands of info products and generate millions of dollars each year.
You can also turn to lead generation as a way to make money off your websites. First, you could create a website based on niches like real estate foreclosures. You can divert all possible buyers to the realtors and you profit off that. Finally, there’s eCommerce. The concept of eCommerce is not as simple and straightforward as other moneymaking opportunities online.
First, you need to determine what niche is most profitable and a specific product that you will sell. You also need to find a wholesaler or a drop shipper to get the products you will sell. You will have to set up a shopping cart to your site, payment processors, merchant accounts, and customer support. Basically, you will need to create a full-pledge online store and not depend on simply embedding ads using HTML codes from other merchants. While eCommerce is certainly not the easiest moneymaking opportunity to take on, you can earn a sizable amount of profits from this business opportunity.