Syncing multiple sources of passive income on your web platform: a guide
Sometimes it can be confusing as there are thousands of sources. At the same time, you may also find it challenging to sort the best programs to sign up with. Reading the reviews and feedback from other users can be a good way to explore the potentials; however, you will need to decide yourself while signing up with a new program! Let's discover more about the most potent sources for monetizing your platform:
#1 Affiliate marketing
First of all, you should think about the most popular way to monetize your platform. If you're selling something to your visitors and clients, you can also earn some passive money recommending them about some other products. As an example, if you're selling content creation services on your website, consider picking up an affiliate program that let the users spin the content. Thus you can create a sales funnel and make more money from the ready-made leads.
#2 Banner advertisements
This is another concept used by the pro marketers. They don't offer such banner spaces to their direct competitors. Rather, they pick some related companies and services and offer them banner spaces. These deals are lucrative and can help you build and manage your online reputation. Co-branding is a popular concept in internet marketing and has become extremely popular due to it's succession and outcomes. However, you have to be a bit choosy about co-branding as it may harm your business too!
#3 Contextual link advertising
This is also a fairly easy option to monetize your content. The methods discussed here are focused towards the sellers and service providers online who own a platform and offer services on them. If you're not too picky about the monetizing methods, you can certainly try out contextual link advertising. There are several networks that will help you sign up for them in a few clicks. Once you have completed signing up, you simply need to embed the codes on your website and earn revenues from the clicks. If you're receiving a decent amount of traffic, this method can work for you pretty well!
Looking for other sources of passive income online that you can use on your own platform. Join us and explore the methods, special tips and tricks from the experts. You may start making some money by this weekend by joining us now!