There are many ways to monetize websites for multiple income streams. And this article is just about that. Read on to discover 3 most popular ways to monetize websites made available to you for free.

Google AdSense

Google AdSense is the most popular among all webmasters since it is the easiest monetization plan available online. All you have to do is just add the AdSense code in your web pages to let Google decides what the best possible ad for that particular page is. By the end of the month, you will be paid according to how many clicks you got and how much the advertisers are willing to pay for each click.

The only downside is its earnings potential can be so low since it is at the end of the advertising value chain. But what you can do is continue building more contents (at least 150 web pages) based on your keyword research, optimize each page for specific keywords and market it to the whole wide world. By doing so, you can get maximum SEO benefits and make your visitors keep on coming (and eventually, keep on clicking to your AdSense ads)

Affiliate Program

By joining affiliate programs or through some sort of affiliate networks, you can have the opportunity to sell others' products and earn commissions for each sale. It is just like helping others to sell their products and get paid for your marketing effort. And the major benefits of selling affiliate products are:

• No product development: The owner had created the product
• No sales copywriting: The sales pages are already written
• No merchant account: You don't need to process the order
• No customer service: The merchant deal with any customer problem, not you.

So basically, you are leveraging on others' product to make money online. However, be careful and curious if the affiliate networks are charging you money since most of them appear to be kind of get-rich-quick scam. Nevertheless, you can start with established affiliate network such as Clickbank and LinkShare.

Sponsored Links

Sponsored links are sites that pay for placement in web space, which in this case can be in one (or all) of your web pages. The advertisers are willing to pay for such placement mainly to attract traffic from your website visitors. Depending on the number of visitors, you can charge them a once-off payment or recurring monthly fee. Either ways, you can monetize your website the easily.

In fact, this can be great income sources if your website enjoys high Page Rank (PR) of 3 and above. However, be very careful not to be penalized by Google. If you do, your website can be dropped from Google index since they hate webmasters who sell text links in their website for PR trade. What you can do is to keep your text link ads relevant to your website theme as much as possible so that Google do not find it too obvious.

Therefore, choose a website builder that can cater all of the monetization plans. After all, you don't want to limit your earnings potential due to software inflexibility, do you? After using SiteBuildIt for few years, I found that it has the capability to monetize website seamlessly.

Selecting a domain name - Domain name provides an identity to a website. It confirms your space on the internet as it denotes the name of your website that is entered by a user in search box to land on your site. For instance- yahoo.com, sujivan.org, usa.net and so on. Usually the user should opt for a domain name that ends with .com, .net or, org. These are the most common extensions used by the surfers. Many companies offer domain names at discounted rate, so keep an eye on online discounts if you want to purchase domain name at discounted price.

Web Hosting - Every website that is being launched requires a web hosting for database support and web application. Many service providers offer free web hosting service, this should be avoided and instead go for companies providing this service by taking some nominal monthly fees. Otherwise chances of the host offering free web hosting to put up their banner on your site is there which may prove harmful for your business. If the user does not have much traffic they can go for shared hosting and when increases switch on to solo web hosting traffic.

Website design and development- Next step is to hire a professional web designer to design your site. Take a note that the designer should have knowledge of HTML which is basic requirement for web designing. If you desire increased traffic to your site make sure that it is pleasant looking, fast downloadable and dynamic. Once web design part is complete then move for website development. Hire a professional web developer to develop advance functionality of your website.

Content creation - Content management and creation is one of the most important aspects of any website. It can be considered as heart of any site, as relevant information, goals, objectives, discussions, etc fall under the content category. Can you imagine any website without content? Not possible, it's the backbone of every site whether personal or commercial. The content should be to the point and relevant, devoid of any grammatical errors.

Search engine optimization - To get increased traffic to your website, it is essential that it is visible in first or second page of major search engines like Google, msn and yahoo. This can be done by search engine optimization of certain keywords that the user is likely to enter in the search box. Higher rank in the search engine lands more visitors at your website. You can hire an SEO expert or give this work to your web development company who has this facility.

Thus these were certain essential key steps for starting up a successful website. These are followed by other website enhancing tools like online marketing, multimedia designs, graphics, flash, ecommerce, database application, logo design and website maintenance.

'Fully integrated' is a term used to describes websites that are progressive enough to include virtually every form of online media in their web presence.

If you look at sites like Yahoo, Forbes and virtually any of the major television network sites you can gain some idea of what I am taking about.

These sites contain either news of blog information. They also contain original video streaming sources and audio streams including podcasts. These sites tend to subscribe to the idea that the web user wants it all and should be able to find it all when they visit the business site.

A fully integrated site will often use flash or other animated or moving text. The interesting dynamic is that the best of these sites understand navigation and ease of use remains a critical concern for guests.

Forbes, for example is highly adept at slideshow type presentations on a multitude of topics. It could be top selling cars, entertainers, vacation hot spots, etc. These slideshows are optimized for search engines and are easy to breeze through.

It seems as if a site like this has the potential to garner some of the same consumers of media that have been courted mostly by network television or traditional newsprint.

Most fully integrated sites did not start off that way. In most cases they worked through issues they could easily address and then added features as their knowledge and confidence grew in relation to the their site development skills.

That's something I have always suggested. Do the best you can at developing a site with the most comprehensive development techniques at your disposal. That doesn't mean you have to have a fully integrated site in order to conduct business, but it does mean that you do not simply wipe your brow, release a sigh and suggest to yourself that your work is finished.

The truth is there are more skills in online web development that are being released than ever before. More programs are working with each other allowing a new robust platform for online use. The role of online web development is an ever changing - ever growing function in relation to how you manage your site and in the use of the most effective marketing tools available.

Many sites will develop an internal compass that provides the date they want to upgrade the website to include new functions. In essence they treat their website like software developers treat upgrades. Some will even go so far as to indicate their website has gone from version 1.0 to version 1.1 or 1.5. The idea is to challenge their own thinking in relation to developing a website even after the website has been launched.

This has the potential of keeping visitors interested in finding out what improvements you will come up with next.

Perhaps the greatest development rule of thumb is that you should always strive to be more integrated by attempting to meet the real and perceived expectations of your site visitors. This mentality will always give you a new goal line in your race for the perfect business.