Top 10 Ways to Make Money with WordPress
You have a website or your thinking about creating a website or blog. You might be wondering, how can you make money with your site?
In the video above, I share with you, the top 10 ways to make money with a WordPress Powered Website.
Here are the various strategies to make money with WordPress.
Strategy #1 – Affiliate Marketing & Amazon Affiliates
Affiliate marketing is when you recommend a product or service to your audience using special tracking links, and then get a referral commission for every time someone makes a purchase after clicking your link. Commission Junction, Share a Sale & Amazon Affiliates are often the most used.
Strategy #2 – Google AdSense or Sell Ads Directly
Google AdSense is a popular way to start making money from your blog. All you need to do is add a snippet of code from Google to your website and start displaying ads. You will get paid for every time a user clicks on the ad.
Another option is to Sell Ads Directly – Directly selling ads on your website can be lucrative, especially if you’re working with local businesses. The benefit of going this route is you can set your own rates for the ads and work directly with the business. You also get to keep all the money from the ads vs having to give a cut to a third party service.
Strategy #3 – Paid Reviews & Sponsored Blog Posts
This is pretty basic. A company and you work out a deal where you write a paid review of their product. They pay you for this service. Like I said, pretty basic. Note: Make sure to follow all rules when it comes to disclosures and be transparent with your audience. You’ll want to review products that are relevant to your niche and that your audience would be interested in.
Offer Sponsorship Opportunities – Basically you have companies that sponsor your content and website. This can be great because you can write general content without having to do a paid review but your articles are still sponsored and you generally give a shoutout to your sponsors.
Strategy #4 – Premium Content Aka Membership Website
Your loyal readers may be willing to pay to read more of your work. You can create a members-only area for them to share premium blog posts, downloads, videos, audio content, etc.
Strategy #5 – Freelance as a WordPress Designer / Developer & Flipping Websites
Freelancing is a great way to make money online. You can start offering your services to your current audience.
Flipping Websites – This is basically buying a domain name that might be sought after by a business, design the website, add some quality content and then offer the site for sale.
Strategy #6 – Drop shipping
Drop shipping is another way you can create an eCommerce store on your website without having to handle inventory or ship items yourself. With drop shipping, you create the store, manage the website, and customer service. But a drop shipping service will take your orders and ship them out to your customers. They’re an invisible third party that your customers don’t even know about.
Strategy #7 – Sell Stuff
eBooks, WordPress Themes, WordPress Plugins or Merch – eBooks are an obvious choice for creating digital products. They are relatively simple to write and produce. If you’ve been blogging for a while, then you can collect some of your old blog posts and turn them into chapters of a book.
Strategy #8 – WordPress Related Services
Hosting, Monthly Maintenance, Support Services, Social Media Management, SEO Services, Content Writing, WordPress Consultancy, How to Use WordPress Service.
Strategy #9 – Directory Listing Website
Directory based websites are great for local businesses. Let’s say you have a food blog, you can have a directory page where you list out restaurants based on zip code.
Strategy #10 – Accept Donations
You can have a donation button linked to your paypal or stripe account and give a call to action asking people to buy you a cup of coffee. This is effective because it’s a soft sell and people don’t feel pressured.
These strategies can help you make either a full time income or some extra money to help pay the bills. Hopefully you found this article helpful and thanks for reading.