How to Make Money From Your Website

Now that you have created a website, how do you make money from it? There are at least two ways in which sites can make money:

1. Advertising Revenue
2. Sale of Goods and Services

I will discuss the second case, "Sales of goods and services", in another article. In this article, I will discuss the issue of how your site can actually make money from advertising.
Make Money From Ads

If you look at many websites, you may notice that there are banner advertisements displayed on most pages. If you are a newcomer to the scene, you might think that you have to either company or your site must be famous before you can get advertisers, just as is the case in hardcopy publications.

In fact, anyone who has a website can get advertisers. While it is true that if your site famous, you may get companies contacting you to offer to advertise on your site, you can get advertising revenue even if you are just starting out and your site is relatively unknown.

The way to do this is to join as an "affiliate" of various sites, either directly, or through an affiliate network. Affiliate network is an intermediary where you can choose from a variety of advertisers.
Payment Scheme

Before joining any program, you may be aware of different payment schemes are available.

1.Pay Per Impression (CPM)

Here, you get paid according to how many times the advertiser's banner is displayed on your site. The amount you earn is usually calculated based on the amount of one thousand impressions of the banner (impressions = number of times the banner is displayed), often abbreviated CPM (cost per thousand, with M the number of Latin for thousand). That is, $ 5 CPM means that you paid $ 5 for 1,000 displays the banner. In general, the amount paid is usually small, but easy to get because every page a visitor loads, you get. This is known as a "high conversion rate." Needless to say, this method will allow you to automatically generate more if your site attracts many visitors.

2. Pay Per Click (PPC)

When you get paid per click, you only pay when a visitor clicks on the advertiser's banner on your site. The amount paid is usually higher than the pay per impression scheme. Did you get a high conversion rate here depends on the banner (whether it attracts people to click), although in general, it has a higher conversion rate of pay per sale method. A high traffic site will probably enjoy a higher level of clicks from your site traffic is lower, although you may get better results if your banners are carefully selected to suit the target audience of your site.

3.Pay Per Sale or Lead

Although you probably will get the highest payment rates with this method, it has the lowest conversion rate of the three schemes. You will only earn if your visitors click on the banner and either purchase the item from the advertiser or take some other specified action (for example, registering for a service). As Pay Per Click method, you get better results if you carefully choose your advertisers a targeted audience of your site.

In general, to avoid wasting resources in issuing checks for very small amounts, advertisers will usually increase the amount due to you until you reach a certain level (ie $ 25) before they pay you.

To join the affiliate network or program, simply go to the site and complete their online application form. Some programs will give you instant approval while others require a human to check your application before it is approved. Once approved, you will be given some HTML code that you can cut and paste into your web page. Note that some affiliate networks and programs will not accept you unless you have your own domain name. If you plan to get from your site, you should seriously consider registering your own domain name.



Reference:
http://www.thesitewizard.com/