Let’s face it, revenue is the lifeblood of any business. Revenue can come in lot’s of different ways. A few of these ways are donations, selling products and selling advertising space. This post is going to give you some more insight in the mindset you should have when finding internet revenue streams for your website. I’m also going to list ways in which you can generate revenue on the internet.
Basically, what you want is a win-win-win situation. You should be earning money, the customers should be happy and the advertisers should be happy. A lot of people tend to forget that advertisers only keep advertising when they earn money. So trying to deceive visitors to click on pay per click ads, is bad for the customer, bad for the advertiser and bad for you (in the long run).
It all comes down to a relevant offer. The offer should solve a customers need! On the internet you get alot of different traffic from different sources. You should always track the source of the traffic and the target page. These two factors give a lot of insight of what type of problem your customer is trying to solve.
With this internet revenue stream you get paid when a visitors completes an action (email signup, click on ad, signup for a trial). For this to succeed you need a offer highly relevant to the page. For example: if a person searches for ‘starting a dog walking company’, you migt include hardware for them to do so: ‘e.g link to dog collars and dog whistles products’.
The upside is that those offers tend to pay a lot. Physical product earn you around 6% – 10% commision, digital products 50%-75% (must lower manufacturing and distribution cost).