People start businesses for the purpose of making impact, generating income and sometimes creating a legacy. most people start off by doing online business with the hope to actualize their goals. But sometimes, it bounces back leaving them with regrets because they either end up spending more than they invested or seeing very little returns.
One very important thing they fail to do is to set up STRATEGY. They go on creating their businesses without being deliberate nor particular about where the business is headed.
This basically has affected thousands of web owners.
When building a website, some position their site as a BILL-BORAD rather than thinking more about how it meets their customers needs and yet make money from it; Yes, it is possible to do both.
Another important thing deliberate people do is to focus on the look and information the website dishes out – they look for ways to fill a need, which in turn attracts people to them.
Many have owned website for 5yrs+ and still end up shutting it down because they are not generating any money from it. The antidote to the is as simple as setting up a strategy (intentionally). A strategy that helps you generate money from your target audience.
Here are 3 additional ways to make money from your website:
1. MEMBERSHIP – Create exclusive content for paying members.
A membership website allows you to make money online by allowing users to pay for premium content, features, and access to the community. You will need a platform that has features for managing users, memberships, payments, etc.
2. FLIPPA.COM – Buy, flip, and sell websites
Flippa refers to a specific resource that helps people with buying and selling digital projects, like, sites, mobile applications, domains. Meaning, in case you have a particular online product to be sold, you could visit this auction-based marketplace that will allow you to do what you want.
3. AFFILIATE – Promote Products as an Affiliate
Affiliate marketing is an arrangement between your website and a company whereby you direct potential
customers towards their site.
These 3 processes are unique and unsaturated. the earlier you dive in, the quicker you see results and make more money. If you need a guide on how to set up a strategy; hire a professional for consultancy and planning.
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