If you have a website your ultimate goal should be making money..
Yeah!
You should turn it into a money making website.
In this article we will showcase 6 of the best money making websites ideas..
Are you ready?
Let’s dive into it:
#1 Money Making Website Idea (Affiliate Marketing Website)
Most of us have heard of affiliate marketing.
Or maybe you haven’t.
In case you have not heard,,,
Affiliate Marketing means selling a company’s products or services for a commission on every sale you make.
Here’s how Big Commerce puts it:
Pictorially it looks like the diagram above.
easy to follow and only involves three parties (your website, The Affiliate Partner and the Customer).
You can also look at it like this:
You work hard and publish an awesome blog content on your site.
Maybe your content is about how to choose the right business partner.
Or how to enjoy winter vacations in different parts of the world.
In no time, you might gather together a loyal group of readers who absolutely love what you write.
Once you have a strong following, you find brands with strong affiliate programs and send in your applications.
For instance, if you have a pet care website, you can apply as an affiliate to brands like Purina or Whiskas.
If you’re accepted, you get some special links to promote within your content.
And when any of your readers clicks a link and buys through it…
…voila !!
You make a commission from that sale.
Question!
Does affiliate marketers make money?
Answer: You bet!
Take Pat Flynn for your inspiration.
Pat Flynn founded Smart Passive Income back in 2008.
Today, his net worth is over $3 million, and he earns over 60% of his income through affiliate marketing.
Want to learn how Pat Flynn did it?
Ok let’s get back on subject.
Are you inspired?
Here are some tips on how to do affiliate marketing the right way:
Craft content that’s meant to transform your readers’ lives (a.k.a. Solve their problems so they can sleep better at night, whether that’s how to color hair blonde or how to keep their puppy quiet).
Once you have a strong following, sign up for the affiliate programs with great offers (skip the programs that offer you 1% of sales on $1 items).
Never short change your audience. Run your affiliate site first to help people, and the money will follow.
#2 Money Making Website Idea (E-Commerce Website)
Have you ever log on to Amazon to buy that Cook book or Make-up Kits for the summer?
Or that wholesale deal on floor polish?
If yes..
You already know what an ecommerce website is.
But here’s a full description to help you better understand what is an ecommerce website.
Source: mailchimp.com
In short, an ecommerce website is the digital version of a brick-and-mortar store.
And yes, you can sell anything on your online store!
The potential market for ecommerce website is Huge.
According to Grandviewresearch the market size for ecommerce is USD $9.09 trillion in 2019..
The upside growth rate is 14.7% over the next 3-5 years.
So what do you think?
You have lots of options;
You can buy items from that antique shop down the block and resell them on your website.
You can sell digital products like online courses and website.
The sky’s the limit (no kidding) to the ways you can make money with an ecommerce site.
Let us look at an example:
Source: ThompsonTee.Com
Thompson Tee is an ecommerce site that just sells T-Shirts .
Sound overly simple?
Maybe.
However, the site has earned over $270k in 2020.
Not bad for Just T-Shirts.
There are some amazing platforms you can use,,
They will make building your ecommerce website business super simple.
Here are three we recommend:
#3 Money Making Website Idea (Drop Shipping Website)
Most of us don’t even know what is dropshipping.
It is when you don’t want to go through the hassle and risk of stocking your own products to sell online?
This concept sounds lovely,,
But here’s exactly what dropshipping is:
essentially, dropshipping makes you a kind of middle-man.
From the workflow model above you can see,,
That the customers order from your website, and when they do,,,
you purchase from a third party and have the items shipped directly to them.
Naturally, this model makes things super easy for you.
You don’t need to worry about capital, storage, and stockpiling items with low turnover rates.
So, what is the downside?
Well, maybe it’s the fact that people can actually buy directly from the third-party sellers.
and you might need to know a bit of logistic management skills.
But if you build a strong name for yourself and gather a big crowd of loyal audience,,,
this model could actually work perfectly for you.
Get some great product ideas from this awesome book (Dropshipping: Master the Art of Product Research- by Michael Tingle)
For inspiration check out this General Niche website Palo
This is a great example of a general dropshipping store!
you can look at their:
Great product selection. If you’re unsure what products to offer on your dropshipping store,
you may want to check out Palo’s website for some new ideas!
Palo’s annual revenue in 2020 was $950.4 milion,,
wow!!
Maybe it will take you some time to reach that level,,
But, surely you can see the potential..
#4 Money Making Website Idea (Portfolio Website)
Ok,,,
So, everyone is tired of the 9 to 5 mundane job.
We all want to wake up at mid-afternoon, lounge at the breakfast table for hours,,
and if you can afford it take a vacation across the world whenever you want to.
No one wants to be stuck with the rush-hour daily commute for the next 20-40 years.
If you agree to all of this, then maybe it’s time to start freelancing.
And to do that, you need a portfolio website.
So, what is a portfolio website.
Simple put it is way to showcase your work
So, the idea is to turn your site into a portfolio site and sell your services to clients,
And here’s the cool part.
A portfolio site doesn’t have to be anything fancy.
It only needs to display your best work,,
so you can impress those who are on the fence about hiring you.
If you’re a writer, you can show off with your best-seller content.
If you’re a web designer, you can post the best work you did for past clients.
If you’re an SEO specialist, you can wow readers with SEO tips.
You get the picture.
As an example, take Elna Cain.
Elna is a proud mom of twins who made the big decision of being a stay-at-home mom. (See our article on stay-at-home mom)
But that didn’t mean she quit doing what she love the most: Writing.
Elna started her own blog, and in only six months,,,
she was earning a full-time income from her client work.
Today, Elna charges up to $1,000 for each blog she writes!
And to think it all started with her portfolio website..
So, if she could do it…
…you can do it too.
#5 Money Making Website Idea (Online Course Website)
So, this choice is self-explanatory,,
No need for a full definition.
Well, these days, online courses are all the rage.
We all want to learn how to make sushi, become millionaires, and/or make our own vintage wine…
… all from the comfort of our homes.
So if you’ve got some special skill to share with the world at large,,
then turning your website into one that sells online courses is a great idea.
Don’t worry.
You don’t have to be some kind of “guru” to build and sell an online course.
All you need is a special skill that others will pay to learn.
It can be:
Saving money while travelling
Making Thai red curry chicken
Braiding hair
- Building a retail business
Want to see an example of someone who has done this successfully?
Check out Haley of Recurring Profit.
Haley’s courses are focused on helping students create and sell their own courses.
Is she successful?
Yes she is!
Consider that she earned over $10 million in sales in only three years.
FYI, here are three reasons why you’ll love selling your own online courses:
You’ll get that sense of accomplishment that comes with helping others (gratification).
You’ll have a residual income source (meaning the courses will make money in your sleep).
The world is going online, which means tons of people want to learn from their own homes.
Ready to get started?
You can use online course platforms like Udemy and Kajabi.
Then, use your own website to direct your audience to your courses.
It’s really that simple.
#6 Money Making Website Idea (Gated Content Website)
Have you ever click on a website page to read some content…
…only to find yourself on a page like this?
That’s an example of gated content website.
It means that content is not free,,
but created specially for subscribers who pay a monthly fee to have access.
But, here’s the cool part.
You don’t need to be a famous journalist or news company to sell subscriptions to your gated content.
Yup!
For example, take Mark Manson.
(You might never heard about him.)
But if you visit his blog, you’ll find a ton of blogs that are free for everyone to read.
But besides these blogs, he also has a subscription membership to The Subtle Art School.
When you subscribe for $12.49 per month, you get access to specialized content like videos, bonus content, and webinars.
Source: school.markmanson.net
Truth be told, monetizing your website this way is pretty easy to do.
All you need is a strong following of people who absolutely love your stuff, and are willing to pay more for specialized content.
Top -6 Money Making Website Ideas for 2023: (Which One Will You Choose ?)
Congratulation!
We have looked a 6 great money making website ideas..
and I can bet that you love at least one of these ideas for your 2023 website option.
So, get started.
Knowing that the first step is to make sure you love your website idea,,
and the rest will be like magic.
by leaving a comment below,,,
let us know if we miss any of your favorite website idea on our short list,,
Give us your honest feedback and remember to follow us for updates etc..
