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Making money from
Website : We advice you on how to
make extra money, or even a full-time wage, by publishing
independently online. It is not intended to provide an online
revenue model for established news organizations. Heck, they've got
business managers. They shouldn't need a wiki to show them what to
do.
Content websites typically earn money through
one of four ways:
- Commissions
- Advertising
- Paid content
- Sponsorships/Grants
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Commissions
Affiliate
programs, such as
Amazon.com's Associates Program,
provided the first ways for early solo and small Web publishers to
make a few bucks on their websites. In these programs, an online
retailer will pay you, the publisher, a percentage on sales made
after customers click through from your website to the retailer's
site. Links can include traditional banner ads, search forms and
links to individual products. Because you only earn money when sales
are made, affiliate programs will work best for you if your site's
readers are consistently looking to make high-priced purchases --
for example, if you run a product review site. If you're interested
in affiliate program, browse through merchant directories like
Commission Junction
to find retailers that offer products that fit your site's topic and
audience.
Once registered with a merchant's
program, you can create an ad or product link on your site using a
snippet of Web code downloaded from the retailer. Some merchants go
further and allow you to create virtual storefronts that match the
design of your site, but where the retailer still handles all the
inventory and commerce. Be careful setting up such arrangements --
unless you want customers coming to you for return and refund
questions instead of to the retailer. You'll want to note what
percentage of a sale the retailer pays back to you, as well as the
length of time after a sale that you get credit for the purchase.
Some retailers limit credit to sales made on the initial
click-through, but others will give credit for any sales made within
a day or so. Also, some retailers will pay a commission on purchases
you personally make after clicking your own links; others may kick
you out of the program for doing that. Check a retailer's affiliate
agreement and shop around for what you consider the best deal before
putting links on your site. Many publishers have found that links to
individual products return more commissions than banner ads going to
a retailer's home page. But the additional money those links earn
might not be enough to justify the extra time that selecting and
maintaining them requires.
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