E-Commerce the Best Way to Monetise a Website

By diginfohub | E-Commerce

E-Commerce the Best Way to Monetise a Website

The last two posts explain why businesses should launch their own ecommerce stores and why you might consider launching an ecommerce store as your business.

But you should also sit up and take notice if you run a blog or website already and you’re just looking for a way to monetise it.

Why? Because it’s actually one of the most effective methods there is of making money from a website.

Until now, you likely have been relying on one of several methods to make money online.

Perhaps you’re making ads from advertising on your website (Google AdSense for example) or maybe you’re making money by selling an affiliate product.

In either of those scenarios, it’s important to recognise that you have placed yourself at the bottom of the ‘foodchain’. In other words, you’re being paid by those advertisers and product creators in order to send business their way.

The fact that they’re happy to continue paying you, means that they’re making more money that that from you.

In other words, they’re earning more from your visitors than you are! You’re getting a small share of their profit but they’re taking home the lion’s share. And in fact, you’re essentially doing their work for them!

And that’s why you’ll typically earn about 1-50cents per click on an advert. Meaning in turn that you’re going to need hundreds of thousands of visitors to your site a day to make any reasonable money.

Compare this with selling your own products and making $20-50 each time. Of course it’s much easier to get someone to click on an advert than it is to get them to buy something – but not as much easier as you think if you have decent products and you’re running your store well. The bottom line? You can make a living from a website with just a few hundred daily visitors instead.

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