There are about 20 ways for you earn money from your website. This is to differentiate against earning “more” money because it actually refers only to methods of maximizing your traffic thereby increasing your click-through rate which earns you more.

1. Pay-Per-Click Advertising Networks

Most popular of these networks are Google’s Adsense, Bidvertiser, Blogsvertise, Chitika, Yahoo! Publisher’s Network, adbrite and Clicksor. You need to sign up and paste some code into your website, and you earn every time your visitor clicks on the ads displayed on your site. The traffic level of your website dictates your profitability. There are two ways of measuring the profitability: CTR or click-through-rate which largely depends on the design of the website and CPC or cost-per-click which largely depends on your niche. By design, we mean the placement of your ads to maximize CTR’s. Those ads that are place above or blended with the content naturally get higher CTR’s. Profitable niches include financial products and college educations while tech related topics often receive smaller CPC.

Where the traffic comes from also dictates the profitability of your over-all CTR rate. Visits coming from search engine or organic traffic are valued more because these visitors really are looking for something and tend to click more on ads as opposed to visits classified as social media traffic. Visits generated from social media traffic tends to give low CTR’s because normally just ignore the ads considering they are interested in other things.

2. Cost Per Mille Advertising Networks

CPM is much the same with PPC advertising. The only difference is that you earn per a thousand impressions. Supposing that your blog generates 100,000 visits per month and you display an ad with $1 CPM, then your monthly income is at least $100.

CPM rates are determined by the network, placement of the ads and the format of your of your ad. A bigger network will offer higher CPM rates because they have access to a huge database of advertisers. Ads placed side by side with content generates higher CPM in the same way that larger fonts will offer a higher CPM than smaller ones.

Popular CPM sites are Tribal Fusion, Value Click and advertising.com

3. Banner Advertising

Banner advertising is selling your own advertising space in your website. This is particularly profitable if you have a big audience because there are no middleman with which to share in your profits. Furthermore, you will be the one to set the rates for you banner space.

4. Affiliate Marketing

Affiliate marketing involves selling another merchant’s product or services as your own and you get commission out of those sales. For affiliate marketing to be profitable, you need to be careful with the product or services that you will endorse to include only those which are salable a large niche. Popular affiliate marketing sites includes link share, commission junction, azoogle ads and click bank.

5. Audio Ads

Audio ads involves playing a small audio advertising on your site which the user will be unable to stop. This is an intrusive form of advertising which in the long run will probably turn away your visitors.

6. Monetization Widgets

These are codes you install in your website which works similarly with text-link ads and pay-per-click ads. The only difference is that they come in the nature of widgets which makes it a plug and play application to make it easier for the user. Popular monetization widgets include widgetbucks and entrecard.

7. Selling the website

If your website generates a lot of traffic and is interesting to certain individuals catering to your niche, then you might want to consider selling your website. You can always create another website. Selling your website will generate a large cash in a short period of time.

8. Sponsored reviews

Sponsored reviews, Pay Per Post, Blogsvertise and Buy Blog Reviews will need a product with which the blogger will post a favorable review on his or her website. This is usually employed by advertisers on bloggers who have a wide audience relating to a particular product niche.

9. Selling and e-book

Selling an e-book is good way to earn money income especially so because there are no shipping costs. If you are able to create an idea and expound on it creatively so that others will find useful information from it and they are willing to pay for your ideas, then you just hit the jackpot. There are absolutely no shortage of ideas, only the determination to find ways to profit from it and writing an e-book is definitely worth exploring.

10. Selling a hardcover book

In addition to selling e-books, others earn money from selling hard copies of books to supplement their online inventory. This is a good idea because there are still people who are interested about what you are interested in but shy away from e-books and much prefer the traditional printed materials.

11. Sponsors for Events

This is primarily useful for websites which have regular promotional events like a weekly podcasts, etc. You can set certain rates with which sponsors can choose in order to be feature as sponsor of these events. The more sponsors you can find for these events, the higher your income will be.

12. Premium content

There are website which offers traditional content as freebies and charge a membership for premium content or content which others find worthy of paying a certain amount. Examples of these are tattoo sites which offers a database of free designs but charges a minimal membership fee for difficult to find designs.

13. Offering Consultancy Services

There are websites catering largely to freelance academic consultancy and other services. They charge more since the work involves detailed research and strict referencing system.

14. Private Forum

The web is a washed with forums whose membership are free. If your website really has valuable content which you think, many would be willing to pay, then you can host a private forum with a minimal membership fee. Your income will depend on how large your membership will be.

15. Compiling and email list or newsletter

An email list or a newsletter has been proven to generate big amount of money especially for those websites with a large readership. First though, in order to have a large database of subscribers you need to create a base of loyal readership that won’t mind the ads included in your newsletter.

16. Job boards

For job boards to be profitable, you need to have a large readership of a particular niche. You can charge as low as $10 per month for a job placement in your boards or as high as $100 depending of course on certain factors.

17. Marketplaces

You can design your website in such a way that buyers and sellers meet. Overtime, if you already develop your site that it has a substantial amount of traffic, you can then charge a certain amount for new product listing. The only problem with this is that you need to hire a coder to incorporate a marketplace in your website.

18. Paid surveys and Polls

There are websites that pays you a certain amount of money in exchange for running a poll of theirs in your website.

19. Pop-ups and Pop-unders

These are obtrusive forms of advertising and in the long run will be detrimental to your website if you are bent on getting large traffic.

20. Donations

Placing a donate button in your website occasionally works if your readership benefits much from your website content and they are amenable to let you afloat through their donations. A blogger needs to earn income from his or her online activity and if your website is such that it caters to a large niche which supports your website through donations then you definitely found a way to make money online.