These days. creating a simple isn’t that expensive and complicated anymore, and because of this, a lot of people and businesses now own a website or blog. However, most of these blogs/websites aren’t monetized because the owners don’t know how to monetize their blogs or website.
Monetization on the other end isn’t complicated but you need to have a prompt knowledge of how it works, the different ways you can make money with your blog,, and a lot more.
And this article will help by listing and explaining some of the best ways to monetize a blog/ website in Nigeria and start making money so your effort of creating the blog wouldn’t waste.
This is the highest-paying method to monetize your blog or website in Nigeria, however, people are not patient enough to start getting traffic in other to start making money through affiliate marketing so they prefer to go for display ads.
With affiliate marketing, you just need to promote other people’s products in your niche and make money anytime people make purchases through your affiliate link.
However, to start making money, you need to be getting traffic to your website especially search engine traffic, because search engine users seem to have more intent on buying what they are searching for than users from social media.
And to start getting traffic from google, you need to carry out some SEO proactive on your website. SEO on itself is another broad topic, but to start making money from your blog, then you should take out time to learn SEO.
They are a lot of affiliates platform you can join and start promoting products and making money in Nigeria, however, the most famous of all is Amazon.
2. Display Ads
If the affiliate marketing part of making money from your blog doesn’t really suit well with you, then you can probably consider this option.
Making money from Display ads is one of the most popular means of making money from websites and blogs in Nigeria. It might not be the highest-paying method but it actually pays very well depending on the amount of traffic your blog receives daily.
You could possibly be wondering what display ads is and how you can actually make money from them on your blog.
Well, display ads are those banner advertisements you always find on people’s site, display ads works in a way that you get paid for helping the ad company bring people to either take action on the ads or create an impression.
Some ads company you could apply for includes:
- Google Adsense
- Native ads
- Foremedia, etc.
However, they all have their different requirements for approving your blog, but then, if you don’t get approved, you can use their alternative listed below:
3. Selling Ads Space
This is another way to monetize your blog/website in Nigeria and make money from it. Be it a news site, business website, or whichever website is it, you can also sell banner space to people looking to get their products and services shown to a large audience.
However, one disadvantage of this method of making money blogging is that you need to be having a decent amount of traffic to be able to sell ad space. This is because before anybody pays for an ad space he/she would want to be sure that you actually have traffic and might even require you to send a screenshot of your daily/monthly traffic stat.
This is because he/she just wants to be sure that whatever product or service he/she is advertising on your site would reach a lot of people and also potential customers.
So if you have a website or blog that is receiving a decent amount of traffic, you can use this method to make money from your blog, another good thing is that you can combine this method with display ads and affiliate marketing and earn from three sources on one blog.
4. Have A Membership Plan
You can earn money from your website by using membership programs. You can provide your subscribers access to exclusive content, first dibs on new products, and service discounts by charging a monthly or yearly subscription fee.
On the other hand, membership plans can help you create a loyal user base that is more likely to return to your website in the future. Despite the fact that there are other ways to monetize a website, membership programs offer a reliable and consistent stream of income. They are therefore the ideal way to promote the expansion of the information on your website.
5. Selling eBooks/Digital Products
If you’re a talented writer or educated about a certain subject, you can create an eBook or other digital product and advertise it online. This makes it possible for you to profit from your website even if you don’t offer any physical products.
It’s relatively easy to create eBooks and other digital products, and there are a ton of internet marketing techniques available. Also, they may have high-profit margins, which means you might earn a lot of money from this type of revenue.
Yet, before you can start selling eBooks and other digital commodities, you must first create them. This could eventually, with little effort on your part, turn into a successful strategy to monetize your website.
6. Online Courses/Coaching
What activities or talents do you frequently excel at? There’s a significant probability that others will use whatever talents or skills you may have.
You can instruct people while earning money by using an online course or coaching program. The easiest way to monetize your website is to specialize in a particular industry if you have knowledge in that area.
Online education and tutoring services can potentially provide a steady stream of side money. After the course or program is created, you can continue to sell it for years without expending any further work.
Yet getting ready for an online course or coaching program takes time. If you’re not pressed for time, it might be a rewarding method to make money.