Make money off a website? How?
A friend of mine did research at Alexis (sp?) and discovered that three of the websites I own have a combined value of over $4,000. However, he could not tell me how to cash in on the money. Does anyone here know?
I am by no means an expert on this subject, but I have read quite a few posts on how to "monetize" a website or blog. The thing is, in order to make real money, you generally have to have a business model; you have to be selling a product or service.
If you're selling a product or service, then you can set up payment methods with a company like Paypal or whatever.
If you just have high traffic to these websites and people are often visiting them, then you would "monetize" your website using the same principles of HubPages, Adsense and affiliate programs. Be careful of these estimates of value, however. Always expect a lot less.
Not know what you have on the websites, it is really impossible to answer the question. I wonder if the domain names have value. You may have some advertisers on those pages and if your friend is applying a given number of views, he may be coming up with a number to indicate the value. Also, is this a monthly value, yearly or lifetime. There are really too many missing pieces to give a complete answer.
There are plenty of websites where we can have an idea of the "worth" of our domain name. All you need to do is to key in your domain name, and you shall see what its worth.
They basically take in data like the domain age, visitor count, and ad impressions everyday to give you an idea of the worth. Certainly its far from truth, and its just the figure that they think is the worth for your website. I have seen websites whose supposed worth was lesser than $100, selling for more than $1000 at website auctions.
Its simply meant more for fun than for anything else.
Many people run a website as a casual hobby. What they may not realize is that these websites have the potential to earn money on the side, or perhaps even a full-time living. read more
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