Did you know that 26% of all websites online are running via WordPress? Sure, not all of those websites are raking in the cash, but many of them are, and for the most part, the ones that do make money are all using the same 6 techniques.
And once you have a basic understanding of those techniques, and how you can apply them to your website, you’ll be that much closer to making money online, too!
But what are those techniques? Do they really work? And how can you apply them to your website so you can make money online?
If you’re asking yourself these kinds of questions, wonder no more, because we’re here to help! In this article, we’ll tell you about the 6 best ways to make money with WordPress.
Now then, let’s get started!
1. Display Ads
One of, if not the most popular ways to make money on WordPress is utilizing display ads. Display ads are ads that appear on your blog or site that earn you money each time they’re displayed to a visiting user.
If that user clicks on a display ad, you’ll earn even more money, which is the ultimate goal.
Getting display ads on your WordPress site is actually quite easy. Thanks to programs like Google AdSense, you can get ads on your site in just a few steps, all of which Google will walk you through.
Best of all? You don’t have to have thousands of viewers each day to get approved. You can get approved in just a few short days, even if your site is brand new.
2. Sell a Product
Did you know that 25% of adult Americans buy at least one item online each month? Stats like this are why it’s wise to start selling products online via your WordPress site ASAP.
Setting up an eCommerce store isn’t hard, and you can make some serious cash selling anything from t-shirts to handmade goods.
This one is pretty straight forward.
If you have specific knowledge about a particular topic, you can charge people for that knowledge. For instance, if you know a lot about personal loans for bad credit, you can charge a fee to folks who want to learn more about that topic on your WordPress site.
Pretty neat, huh?
Odds are you’re paying 5 or 10 bucks a month for at least one monthly membership to a particular site or service. Well, you can do the same thing on your WordPress site, too!
Something like access to consulting information, or a forum to discuss a particular topic, is a great way to earn money via memberships.
5. Affiliate Links
The idea behind affiliate links is simple. You offer someone a link to buy a product that someone else is selling, and if they buy that product using your link, you get a percentage of that sell.
So if your blog or site is about basketball shoes, and you link a particular shoe with an affiliate link on your site, and a user buys it via that link, you’ll get some money off of that sale!
Last but not least, sponsorships are an awesome way to make some serious cash online. But what exactly are sponsorships? Well, believe it or not, big time companies will pay to use your platform to advertise their products.
This can be something like a review of a specific product, or an actual ad somewhere on your site.
Sticking with the basketball shoe concept, if your site got big enough, Nike could eventually want to pay you to review a particular shoe they’re selling. The coolest part is you’ll get a pair of those shoes sent to you for free!
How to Make Money with WordPress
Well, there you have it! Those are 6 ways to make money with WordPress!
Remember, be creative, and figure out how to utilize these techniques on your site without turning off readers in the process. Once you master that skill, you’ll be making money in no time!
Be sure to check out our blog, where you’ll find more tips and tricks on how to get your website off the ground!