Website Monetization Basics – When to Monetize?

Mitz Pantic
My name is Mitz and I am a serial full-time blogger. I started out with one website many years ago and it went so well, I sold my businesses and began living the internet dream. Since then I have been perfecting the system of blogging and building Wordpress websites to earn money online. This is an ever changing business and I love the challenge. Please feel free to download my favorite FREE REPORTS if you are interested in improving your blogging business or starting one from scratch.
Mitz Pantic

@buildwebsites1

I am not just a blogger, I am a business person who makes money, with freedom and happiness as my goal. I have the best job in the world! YOU can do it too!
Deactivate WordPress Plugins Even if You Cannot Login [Video] http://t.co/h5e3mGK21C - 1 hour ago
Mitz Pantic

Latest posts by Mitz Pantic (see all)

Mitz Pantic
You can get your own content published on this site as long as you have CommentLuv installed on your site.

Doing so means you get exposure to thousands and thousands of other CommentLuv users and your posts get sent out to the massive subscriber list.

Google loves this site and indexes it multiple times per day and posts always get lots of comments so you can be sure of some excellent exposure.

See the Write For Us page for more details

btw.. you can get this author box here

If you’re thinking of monetizing your blog or website then there are a few things that you need to keep in mind ranging from your options to different ideas that you can use to help you get profit on your site.

Consider Your Options

Firstly, the range of different options available need to be understood. One of them can be Affiliate Marketing, where you are paid not only if people visiting your website decide to view the ads but also when they decide to buy something from that website which has placed an advertisement. Another one might be Donations, where you can mention on your website how you’re willing to accept them if anyone is willing to help out – although this doesn’t have a high success rate if your website isn’t that popular, but there’s no harm in trying of course.

Some companies only pay however if people on your website click on the advertisements, and this can be comparatively less profitable. Another option includes selling your content. If it is well written and the information provided reliable, there is a high chance that you are going to profit from it. Paid reviews are another great way to earn money, where you are paid to write reviews about different products from different websites.

You Need Traffic

Secondly, it is important to keep in mind that your website needs to generate traffic at first, for it to make money. And this is only possible if the content available on your website is well written and easily accessible. People should want to read what is on the website at first, for them to later click on ads.

While content matters a great deal, entirely covering your website with advertisements is one thing which will not work in your favor. Monetizing your website is a long and slow process which requires your commitment.

It is important that you realize that placing a huge number of advertisements will not necessarily help you make a profit, and on the other hand it might drive people away because of the advertisements which make it difficult to access the content on your website, for which they were there in the first place.

When to Monetize a Website

It would definitely be prudent to wait for your website to reach a certain number of clicks every day which will establish how popular it is and how many times it is accessed daily and then place advertisements. This process gives you a higher chance of earning more, as opposed to placing advertisements when your website does not generate that much traffic.Amazon Image

But on the other hand, subtle monetization from the start can save you a lot of time later. There is actually no rule as to how much traffic you need to make money from a website and you should never come to any fast conclusions without solid proof first.

Also how will you learn what sells on your site if you hold off on monetization?

Monetizing more of your website comes in later, when you know what types of advertising and products go well. Following a website advertising checklist (following the rules) and gathering website experience always equals more earnings.

Lastly, all these methods might work but it is important to keep in mind that monetizing your website is not an easy job, and requires your time – for example updating your website every now and then to make sure the information is not outdated. As mentioned above, people need to visit the website and like the content on it, for it to be successful in the first place. 

Comments


  1. Twitter:
    Hi Pantic ! Thank you for sharing a best idea to monetize the blogging. it is a easy and quick ideas to make money online.
    Googma Sansar recently posted..Social Media campaign of Barack Obama in Presidential Election 2012My Profile


  2. Twitter:
    The best time to monetize your online business, its when you have set all the things exactly and properly – on page set up done correct – quality content added and info that’s ready to attract and maintain the visitors – and obvious a good off page set up..
    Thanks Salman !
    Salman Ahmad recently posted..5 Apps In Windows 8 Which You Should Use To Enjoy It !My Profile

  3. Most of the bloggers display advertisements on their blogs from day one, even when their daily visitors are almost nil. This shows their inclination towards money rather then setting up a good content website or blog. In my view, you should have at least 200+ page views a day and then focus towards advertisements or affiliate marketing.
    Rinkesh recently posted..How To Take Care of Your HairMy Profile

  4. awesome tips!!!
    nice tips for monetize website and earn more money
    thanks
    Rahul recently posted..Know whether you are ready earning money online in ForexMy Profile

  5. I think the important part is be able to make readers accept and be comfortable with your website first before having monetizing much of the website.. do it slowly and gradually..


  6. Twitter:
    I find that monetization is more of a process than anything. People think of it as a flood than a trickle that takes time and testing to build. I’m doing advertisements and affiliate marketing. I have text links throughout my site. I have one banner in the side bar for a product I love and I have other banners in the post if appropriate. It’s a process that takes time and I am not waiting until I get X traffic because I will have lost out on good sales by then. The math is pretty compelling.
    Thanks Mitz!
    D. Dixon recently posted..How Reachli Helps You Monetize Your Pinterest PinsMy Profile


    • Twitter:
      I’m with you. No sense in waiting; that’s just giving money away. Any time I start a new website, I start with a few basics – AdSense and Amazon links. Sure they won’t bring in much if there’s no traffic… but how can it hurt?

      Now if you’re trying to sell adspace yourself (through Buy Sell Ads or something), then it makes sense to hold off until you have some kind of traffic numbers to lure buyers with. But the beauty of PPC advertising is it doesn’t matter if you have 10 views a day or 10,000; you can show the ad, and you get paid if someone clicks on it.
      Brian Rock recently posted..Schoology: Course Management and Online Grades, Constantly Getting BetterMy Profile


    • Twitter:
      Well said D.
      There is definitely no maths equation that will tell you when to monetize. I have made sites and made $1000 in the first month.. Image if I had left the work until later????

      It all comes with experience though….and just like building a list, monetizing needs to be done asap. I still kick myself for not doing these sooner on my first websites. :)

      Also each stage of a website requires a different type of advertising. Like Brian says, selling ad space takes a bit more time.
      Mitz Pantic recently posted..Two Years Blogging and No Real Income! 8 Reasons WhyMy Profile


  7. Twitter:
    Hi Mitz,

    One should not place ads etc until he gets good traffic, specially Google Adsense, and Monetizing should be effect your readers. :)

    Joe
    Joe Clark recently posted..How a Pro Blogger can balance his blog and personal lifeMy Profile


    • Twitter:
      I agree that Adsense needs traffic but talking about a product or service, adding an affiliate link in text only takes one “buyer” to make a sale. I have one blog where I get 7 people to a page and can make one sale from that. It is nuts but depends on what you are selling and how you get them there.

      People need to think deeper about a purpose and not just post content for no reason.. There should always be a goal number one and a backup goal…

      For example I get traffic to a page, I hope the visitor is targeted and buys through my affiliate link… If not there is a banner discretely placed, then the last option is for them to leave with a free ebook. I would be happy for them to take the free ebook as I can still have a chance at my first two options.
      Mitz Pantic recently posted..18 Ways to Turn Your Ordinary Blog into A Million Dollar BusinessMy Profile


  8. Twitter:
    It difficult to know what to monetise the website. Some say that you should wait till you get 1000 unique visitors a day while some say to wait till it has an alexa ranking of less than 100,000. Some say that you should start it from the very begining. But I think one should wait.
    Shalu Sharma recently posted..Pangong Tso LakeMy Profile


    • Twitter:
      Well I have waited before and now kick myself for that.. It was a dumb move.. Now I monetize asap and surprise surprise sales come in… I love it when it all works. Of course even if your website is new it must look like it is NOT NEW… That is when advertising fits in best…


  9. Twitter:
    Hi Mitz,

    Nice article,When we talk about monetizing then we should use come sense when to start monetizing simple logic according to me.Generally, when you want to sell something first thing which you need to do is a place from where you can sell.
    Than you need consumers to come to your place to check out the thing.Than you can sell if You have good quality product.
    Blogging sense
    Place to sell – Blog
    Consumers- Visitors
    Awareness about the product by informing – By increasing readership quality and working on content

    More the visitors more the chances of sells, clicks, deals.

    Thank You
    Shorya Bist
    From Youthofest
    Shorya Bist recently posted..Interesting Facts–Check Out Some Interesting facts about IndiaMy Profile

  10. I have been trying to monetize my site for couple of months, but still nothing. I have a decent number of pageviews. But really I love writing so I don’t really care if any money comes out of it or not.
    Adam recently posted..To Succeed or To Fail?My Profile


    • Twitter:
      That is great if you do not need money from your site..but making money will come when you the hang of it.

      Not picking but this might help.. :)

      For example I looked at your comment love link below your comment. I wondered what “to succeed or to fail” meant..? To succeed at what? How can I be tempted to go to your page if I do not know if this is something I want to read about. Not saying all your posts are not tempting though.

      Then I went to your blog and took a glance at the post… Still not clear by glancing or even reading the post. (sorry for the honesty)

      I guess the post could be about:
      Striving for success in life and knowing when to fail…
      Failing gracefully vs striving for success that is never going to be there.

      I would go into more detail about the topic as it raises many questions.
      Then I would suggest further reading and lead the reader to amazon for a book about success.


  11. Twitter:
    I second what Adam said. I do not rely on advertising to sustain my blog, but I think if you can make a few bucks while you’re at it, then why not. There’s no harm in trying as long as you’re not overcrowding your content with adds. I think if done subtly and styled to fit in with your blog, then there’s no harm done. Like Mitz said, I think it’s best to start as early as possible, that way not only does it save you a lot of work in the future, but it allows your readers to become accustomed to seeing the advertisements. After all you can’t miss a add free site, if it never was one. If that makes any sense.
    Robert recently posted..How Does a UPC Code WorkMy Profile


    • Twitter:
      I think people expect ads now days but despise too many poorly placed. People understand now days that big blogs cost money and need revenue to grow. :)

      We all should take a look at our own blogs and websites from a visitors point of view. That is the key. :)
      Mitz Pantic recently posted..5 Facts About WordPress Website SecurityMy Profile


      • Twitter:
        You know Mitz, as simple as that statement sounds (We all should take a look at our own blogs and websites from a visitors point of view.) it’s actually quite brilliant. I think most times we as bloggers forget that one simple concept. Even though I realize I should look at it that way, sometimes I get so wrapped up in making sure my posts are formatted properly and I’ve implemented SEO the best I know how and all that jazz, that I forget that main concept. Thanks for the reminder!
        Robert recently posted..Is it Safe to Pick your Nose?My Profile

  12. You definitely need some traffic if you want to make money. I guess it might vary for niche, product, and visitors from one site to the next, but no traffic equals no revenue. I know some people think adding more advertisements will make you more money, but I think like you mentioned there can be too many which may drive visitors away too. Nothing wrong with trying different locations and different products or programs to promote either.
    Ray recently posted..How to Use a Static WordPress Front Page and Blog LinkMy Profile

  13. Website monetization takes time and we have to be work hard for it. Making money online isn’t a easy task. Thanks for sharing it.


  14. Twitter:
    Hi Pantic,

    The best time to monetize your blog is actually when you think you are ready for. You’ll never learn until you’ve tried.

    For low traffic blog I suggest “selling things” are better than “ppc banner/text”. By selling a product (your own or affiliate) you have better chance of ROI from commissions. The basic in selling online is that you don’t need to be the best seller in the universe, all you need is timing and finding the right people to buy. I’ve got this lessons from interviewing Mavis Nong.

    Furthermore this understanding has helped me earn extra $2,000 from affiliate marketing in 9 months. It’s not too awesome result but it earn me some cash with only 2000 monthly traffic average on my blog.

    That’s why I emphasize on “when you are ready”. If you think you are ready to monetize now then do it. But don’t just do, you have to evaluate periodically on the efforts to gain the best result.

    Thanks for the post :)
    Okto recently posted..How to be Transparent BloggersMy Profile


  15. Twitter:
    Traffic is the main criteria, if you’re looking to monetize through blogging. And you need quality blog post which helps you to build your brand and trust.
    Aasma recently posted..MLM Software Delhi Noida GurgaonMy Profile

  16. Contrary to some of the comments here, I dont think there’s a certain time when one should start to monetize their website. In fact, I recommend doing it from day 1. Putting up a couple of Google ads, if nothing else. However common sense says that pages should never be littered with advertisements, and there should be a reasonable amount of content on a page before you think about putting an ad up there.
    Jeff recently posted..The Importance of Blog CommentingMy Profile


  17. Twitter:
    Hi Mitz,

    Another nice article. This just came to me at the right time too. I agree about too many ads on a site. It drives me away for sure and I’m sure others to. Sometimes I can’t get away soon enough (click, click..get me out of here!). Nice to hear your voice on the video too. Thanks and Happy Holidays!
    Rich Donahue recently posted..Jolly Green Giant Juicing Recipe With Kale And SpinachMy Profile

  18. This is a nice summary for those starting with monetization for sure, it explains the basics of site monetization, without getting in too much details and confusing the reader.

    I agree with one rule in particular – monetize when there is enough visitors coming to your site. I pray every day for google adsense program to add some minimum traffic/day limit for a site to be part of the program. It would clean the internet from all kinds of crap pretty much imediatelly.

  19. This is great article.So many “monetization” articles are heavily biased towards doing it no matter what and paint[I think] too rosy of a picture. I find this to be honest and realistic which is refreshingly encouraging.
    Linda recently posted..How Do You Tell Someone You Love Them – 27 Creative Ways updated Mon Dec 3 2012 1:09 pm ESTMy Profile

  20. I enjoyed this article! Thank you for the great advice and tips. I agree with Jeff..I believe you should begin your site/blog with some monetization strategy in mind. It is balancing act between serving your audience and generating income. You just have to kept at it!!!
    Jason Spight recently posted..MLS Should Draft Younger PlayersMy Profile

  21. Christa Joe says:


    Twitter:
    The decision to monetize your site also depends upon the nature of your website. If it’s the one dealing in sensitive information, then there should be proper consideration regarding the channelization of data through separate streamlines is required. Site having static content which delivers only a part of the information, despite of the requirement of the user is not at all fit for the decision.


  22. Twitter:
    This was a great article and the video showed me valuable insight on how to generate more traffic to my blog. I am still learning about SEO and how it pertains to getting ranked high in Google. I won’t give up though because I am going to succeed no matter what. I also think other newbie bloggers should have a positive attitude on the whole blogging opportunity. I see to many newcomers like myself quit or give up within a couple months. My opinion is that progress is what makes people successful.
    Luis Valadez recently posted..The Rosetta StoneMy Profile


  23. Twitter:
    Great advice, Mitz. As a web site owner, you should start out concentrating on producing valuable content first and getting traffic. Only after you have a good amount of traffic coming in on a regular basis should you attempt to monetize the site. But as they say, you have to give first to get. Thanks for the tips.

  24. I always monetize right from the start with my sites, I figure if I build up a community with no ads on my site they will get annoyed when I start trying to make money out of them.
    Ben recently posted..Tips For The Best Band PracticeMy Profile

  25. Thanks for sharing this nice article. Great tips to how to and when to monetize a website.
    Kevin recently posted..Fundamentals of Competitive SEO AnalysisMy Profile

  26. Good one. As you said in the last paragraph only monetizing doesn’t work it’s important to keep update the website to make sure to get more and more visitors and make money, it’s true.
    Darryl recently posted..Hello world!My Profile


  27. Twitter:
    Go tips on traffic. It has to be targeted too.
    Initially, most bloggers thought filling every space with ads was the method. Like you said, this does not work any longer.

    It really requires time and hard work to generate handsome amounts from one’s site. However, it’s possible and those who work hard get paid for their harwork
    Enstine Muki recently posted..I’m sick and tired!My Profile

  28. I have a couple of blogs but I am yet to make any money out of them. A nice article and good on you if you can make a living from blogging.


  29. Twitter:
    Nice post on When to Monetize ?
    The only difficult thing is selecting proper advertising and ad placement.
    Shasha recently posted..Top 7 best classifieds websites to post free AdsMy Profile

  30. Be affiliate is the best choice to monetize the blog or website. It can give passive income opportunity. It can save time and create huge money.
    julidarmaputra recently posted..The Importance Of Colon Health To Prevent Any DiseaseMy Profile


  31. Twitter:
    Very nice article, website monetization is really important things, your tips will help you to monetize the website, I personally recommend that you should show ads when your sites has minimum 2000 daily visits.
    Rajesh Namase recently posted..How to Use Pinterest to Drive Traffic to Your WebsiteMy Profile

  32. Thanks for the great information. I’m looking to monetize 2 of my blogs shortly and I’ve taken what you wrote to heart.
    Rebecca recently posted..Maximizing Press Release Syndication for SEO PurposesMy Profile


  33. Twitter:
    Traffic absolutely matters in monteizing a website. Besides, having a good pagerank will also help us in getting few more advertising offers and paid offers.
    Your article explains it all
    koundeenya recently posted..How To Concentrate On WritingMy Profile


  34. Twitter:
    Well, you have given some of the nice tips of monetization of blog, but we need to get amount of traffic to get maximum exposure!
    Krishna Parmar recently posted..Wipro Customer Care Number (Toll Free Support)My Profile


  35. Twitter:
    I didn’t sort my blog out with any monetization until it had been established and had a good amount of views per month, after a few months it was time to get those ads on and start paying for the hosting etc with them ;)
    Karen recently posted..Tracy Poskitt, Renowned Medium, Is A Hit In North Wales At The Ffrith ArenaMy Profile


  36. Twitter:
    My monetization is a part of my website plan that I have to follow from the beginning. Without that I have no idea what to sell or what content to create.

    Also I monetize each page as its own little money maker so it is impossible to edit all pages later. :)
    Mitz Pantic recently posted..18 Ways to Turn Your Ordinary Blog into A Million Dollar BusinessMy Profile

  37. When I hear about website monetization I always think of “the social network” and Mark Zuckerburg. Waiting to monetize for several years was the absolute right decisoin for them. If they had put ads up sooner it would have killed their site – no doubt.
    Jared Adams recently posted..Colorado DUI Laws: 2012 in Review and What to Expect in 2013My Profile


  38. Twitter:
    Awesome tips Mitz..
    Ya There is no well defined time to monetize a blog.One can start it from the very first day of blogging.This is what I read from some other great bloggers too.Thanks for this nice post.
    Mahendra recently posted..List of best torrent sites for movie downloadMy Profile


  39. Twitter:
    Yes the timing of monetization should be good for getting good results thanks for sharing this tips.
    Prakash recently posted..Racing Moto Download APK for Android, Racing Moto for PC, Play OnlineMy Profile

Speak Your Mind

*

CommentLuv badge
%d bloggers like this: