Friday, June 29, 2012

What is Monetization and How Do I Generate Income With It?

When I started affiliate marketing years ago, one  of the first words I kept hearing over and over again was " monetization." I'm like what is Monetization? Is it some kind of secret code or what?" I did some research and I discovered that wasnt the case at all. In fact I found out that monetization was simply the process of generating the traffic that I drive to my affiliate blog/site into cash.The cash could come from contextual advertising or, direct sales from affiliate programs. I also found out I could automate my monetization such that once I set everything in motion I can generate the cash without breaking  a sweat. The good news is you too can monetize your site and generate your cash without breaking a sweat. But you do need to know what you are doing in other to generate your cash without breaking a sweat.  Some of you are probably wondering, "How Do I make Money with It?"  Well, let me show you a few ways of rolling in the doe with monitization.

Recommending  Affiliate Products 
Recommending affiliate products is one way of monetizing your site. Here, you write original  articles  using the product you are promoting. Your job will be to convince your readers about how valuable the product and how their lives will never be the same once they start using it.  Once you are able to woo your readers, hopefully they will click on your affiliate link and purchase the product. If you're selling an Affiliate Marketing handbook on your affiliate blog/site, make sure the content on your site is about affiliate marketing. That's the only way you are going to convince your readers to purchase your product.  Also, there are many vendors willing to pay you agenerous commissions each time you make sales on their products. You can find these vendors on platforms such as amazon, Linkshare, Pepperjam, Commission Junction, Clickbank, Google Affiliate Network .e.tc.


Creating A Mailing List
Another popular method of making money from monitizing your affilaite site is creating a mailing list.  Instead of offering your products direct on your affiliate site you create a mailing list where you send emails to your list subscribers updating with information about your latest affilaite products.  Have your readers sign up on your opt-in form and then you send your email offers as newsletters. To achieve this This is probably the most effective monitization strategy for most affiliate marketers as the marketing campaign is more targeted. To accomplish this task you need to subscribe to an email marketing service.  Email marketing services as Aweber and Get Response are quite popular among affiliate marketers.


Creating Sponsored Blog Posts
Creating sponsored blog posts is also another popular method of monitizing your affiliate site. Here, paid to blog sites connect advertisers with publishers(or bloggers).  The market places then help advertisers introduce their products to publishers who then write reviews of these products on their blogs.. The neat thing about this arrangement is that they decide how much they want to get paid dependent on the agreement on the advertiser.This is perfect for those who are into writing product reviews. Just make sure your content mirrors the products that the advertisers want you to write about. There are so may such paid to blog sites looking for publishers to hook up wirth advertisers. Just google paid to blog and voila, you have a huge list of paid to blog sites. One popular site that I write for is Social Spark. Here you decide how much yyou want to charge for each post. .




Placing Pay Per Click Ads on Your Site/Blog
Placing Pay Per Click ads on your site/blog is the easiest way of generating income. .All you have to place ads on your blog/site and you get paid each time a reader clicks on the ad. the more content you produce, the more clicks you receive on your ads. This method works for blog/site owners  with high traffic and whose sites have been online for a while.  Pay per Click programs such as Adsense, Chitika, and Adbrite are quite popular among affiliate markers.




That's a wrap on "What is Monetization and How Do I  generate Income With It?"  Monetization is a great way of turning your affiliate site into a cash cow. If you do it right, you could set yourself up for life with this arrangement. Good luck!





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