Business Guides

There are 40 billion websites on the web and counting. Of
them less than 1% aren’t trying to make money on the web.
This means that if you are setting up your own web business
you are up against billions of others.

However, even if there are billions of websites to compete
against most of them are not properly set up to make money.
Others are operated by individuals who are ill prepared and
don’t take things seriously. Thus, despite the mounting
numbers you’re probably only competing against a few
billion.

What about those that are making money? How do their
websites make money and generate an income for their
owners? Below are a few ways the top 50 websites make money.

Yes, we went from billions to 50 to help you choose the
best monetization methods for your site. Please note that
most of the sites are not listed just the business model.

1. Ads: The majority (36) used ads to generate an income.
Despite this becoming a vulnerable business model, it’s
still growing. Most of them rely of Google, while the
others rely on private ad modules run by volunteers.

Ads are easy to set up and operate for the most part.
Google Adsense for instance, is a code that you simply add
to your pages and then begin making money once the ads are
clicked.

2. Affiliate programs: Sites that don’t rely on advertising
(and even those that do) concentrate on affiliate programs.
Amazon.com was a favorite among the 50. It’s a trusted
website that offers a variety of products.

Like ads, affiliate programs are easy to maintain. Most
programs have their own marketing material so the affiliate
only needs to place the merchant’s banners and textlinks on
their site and then generate traffic.

3. Premium accounts: Subscription site owners give people
the opportunity to set a free account; they then offer
upgradeable options that offer more than the free account.
Some sites make user’s sign up on a less expensive account
before they can use the site and then offer the premium
account.

Subscription sites are very popular and profitable because
they provide a residual income. You can sell to the same
customer over and over again.

4. Virtual products: Ebooks, software, videos and music
downloads are taking precedence on the internet. Ebooks for
example, are becoming increasingly popular and have been
predicted to overtake print books.

Whether or not that’s true is debatable but more people are
searching for virtual products for entertainment and
education. Sites like clickbank.com offers a plethora of
ebooks and software downloads in virtually every subject.

While ebook.com lets users find their favorite (and new)
print books in digital format. And no one can deny the fact
that itunes has overtaken CD stores.

5. Clothes and accessories: While a number of people do
sell physical products like cellphones. Clothes were
actually producing the greatest number of profits. Perhaps
it’s because women tend to shop more, and more women are
shopping online.

Many of these women are not seeking electronics but
fashion. It’s not just eBay that is seeing a growth but
online versions of offline shops as well as small
independently run online shops.

There are more monetization methods one could choose from
to help their websites make money, but of them these are
the most profitable and secure. When you are competing
against billions of websites to make money you want the
ideas that work.

About the Author:

Lyn Troyer and his Niche Power Group teach beginners how to
make money online in niche markets with affiliate
marketing. Please visit their online business mentoring
website here to learn how you can go from making nothing to
a full time internet income in 12 months or less.
http://nichepowergroup.com

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