WordPress is a popular Content Management Systems (CMS). It is very easy to use and it has great flexibility to adapt to your needs. It has the capability to set up e-commerce site as well so that you can sell your products and services in a very efficient manner. By installing software, shopping cart can be created and you can promote your online shopping cart very easily. In this process, the blog or website that you had created on WordPress can be monetized as per your needs.
Revenue generation through ads
It is possible to generate revenue through self advertisement as well as by using third party tools. Google Ad-sense has great prospects in this direction. You can sell space on your website so that income can be generated. The space can be offered to post links, banners and articles. If you write lot of information about baby care products, you might be contacted by a company that manufactures baby healthcare products. If you can permit the website to post their link, you will be paid by the company. Thus, you can get offers from various companies in various ways. You might be hired to promote others’ work as well.
You can exercise control on the type of ads that are permitted on your website by creating Google Ad-sense account. If a visitor clicks on a link provided on your site, you will be paid. If there is lot of traffic on your website, it is possible to generate considerable amount of money on monthly basis.
Selling products and services
If you have your own products, they can be sold very efficiently by making use of your blog or website. There are various kinds of digital products which can be created very easily. If you can offer information on a topic which is unique, the information can be presented in a systematic way. The digital product can be either an E Book, audio book, video or any other product which adds value to the user. If you are very new to the internet marketing, you can offer free samples so that you can attract new users and visitors. If users are really satisfied, they will visit your site and products and services can be sold without fail. You can create a genuine email list right from the scratch and products and services can be promoted through the list. New users and visitors can be added through other promotional channels.
Affiliate marketing
Through affiliate marketing, there is great potential to generate income on a regular basis. When you become an affiliate of a company, you will help them sell products or services. For every sale made through your site, you will generate money. If you choose products and services of best businesses, they can be promoted very easily and you can earn massive commissions on monthly basis.
Thus, there are various ways to monetize your website. You should focus on areas where you have expertise and resources and consistent efforts should be made to monetize your WordPress site.