It depends on the niche and the kind of value the website provides. Some niches are easier to monetize, even with relatively low traffic.
So I would say that you should find out in the first place if you're in a niche with a good potencial for monetization.
You may be in a niche that provides value, but maybe your audience — for several reasons — are just not interested in paying for what you are offering.
The specific method used to monetize the website will be a direct consequence of this.
Here's some monetization options you should consider:
- Gated content (courses, ebooks).
- Affiliate marketing.
- Consultations.
- Services.
- Job boards) and other kind of listings that provide value).
- Physical products (yours or from 3rd party, like drop shipping).
You should also consider other strategies that are built on top of your main monetization methods, like cross-selling, and upselling.
Obviously, if your site has only a small amount of traffic, you should skip adding ads as an option as it will not be an effective monetization strategy in this case.
Comments
It depends on the niche and the kind of value the website provides. Some niches are easier to monetize, even with relatively low traffic.
So I would say that you should find out in the first place if you're in a niche with a good potencial for monetization.
You may be in a niche that provides value, but maybe your audience — for several reasons — are just not interested in paying for what you are offering.
The specific method used to monetize the website will be a direct consequence of this.
Here's some monetization options you should consider:
- Gated content (courses, ebooks).
- Affiliate marketing.
- Consultations.
- Services.
- Job boards) and other kind of listings that provide value).
- Physical products (yours or from 3rd party, like drop shipping).
You should also consider other strategies that are built on top of your main monetization methods, like cross-selling, and upselling.
Obviously, if your site has only a small amount of traffic, you should skip adding ads as an option as it will not be an effective monetization strategy in this case.