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.

Many offline businesses had taken their earnings potential to the next level after introducing their products and services in the Internet. But mind you though, despite the fact that some of them works tremendously, most just failed to attract new customers.

Why they failed and how they succeed? Continue reading to know what it takes to build a profitable website.

Great Content That Have Good Demand

Web surfers are looking for information which then drills down to the solutions. It is your job; as the business owner, to identify their problems and give them the best possible solutions. For example, a couple from US is planning for romantic honeymoon in Italy but not sure which place they should go. If you owned a five star romantic hotel in Italy, they are your potential customers already.

After doing some keyword research, you might want to write about "Romantic Places in Italy" which include all the romantic activities, nice shopping malls as well as pictures surrounding those places. You might also want to offer some romantic packages for them so that they don't have the hassle of managing the honeymoon themselves.

Results? The couple will be more than happy to pay for all the services you provide. Isn't that great?

Building Trust and Deepen Relationship

People buy from someone they trust. This especially true for online purchases since there are so many scams out there. Therefore, you have to bridge the gap with your potential customers as well as your previous consumers so that they will buy the products from you now and thereafter; and not from anybody else. Result? You can keep your loyal consumers and grab the potential customers from your competitors; both at the same time.

It's like killing two birds with one stone. But how?

First of all, provide friendly and personal information about your offer through great web contents. You can write some tips or techniques that will make their job much easier. Secondly, communicate with your customers & potential consumers through monthly ezines or newsletters. You can do this by using auto-responder.

Generate Targeted Traffic For New Customer

You can't expect your website to generate enough income of you don't put effort to market it. Having said that, not all kind of traffic will do, but super-targeted traffic will help. Targeted traffic is visitors that are interested in what your website is all about. This can be a couple looking for romantic places, family looking for great places during summer vacations or maybe some business person who has meetings in Italy. All of them can be your targeted traffic.

But how to entice them to visit your website?

You can advertise your business using Pay-Per-Click methods, such as Google Adwords. Besides that, you can sponsor some banners in other related websites or forum space to introduce your offer. Last but not least, you can use articles to attract them via article marketing. Either ways, you must keep your marketing effort to gain highly targeted traffic to your website.

You might have to spend thousands of dollars to buy tools to build business website but if you are on tight budget, consider buying Site Build It since it offers all the tools required (Keyword Research Tool, Auto-responder, Website Builder, etc.) under one package.

Web design for a competitive business isn't easy, especially when you add e-commerce (the buzzword for buying and selling online) to the mix. Thankfully, many service providers have basic web hosting templates available to their customers at little to no cost depending on your package. More complex templates can be quite expensive. Companies that provide hosting with templates make setting up and maintaining an e-commerce website possible for people without the expertise to do it themselves and without the money to hire a professional to design their site from the ground up.

When purchased separately from your web hosting package, a template can run anywhere from $20 for a basic, simple web template and well into the hundreds of dollars for a more complex, custom design. For the majority of small business owners, basic templates designed for businesses are usually a safe bet.

An e-commerce template may include basic pages, search and navigation tools such as a virtual shopping cart, but it will be up to you to find your own online payment processing - most often through a third party provider such as PayPal. A web search for "online payment processing" will provide you with several options.

As an alternative, you might want to consider a turnkey solution such as eBay Stores or Yahoo! The designs of sites like these make e-commerce solutions for small business accessible to everyone. Be sure to read the find print about transaction fees and other costs before you decide.

Questions to Ask about Functionality

1. Does the shopping cart accept debit cards and online checks?
2. Is there a limit to the number of products, services or categories you can set up?
3. Does the site offer automatic notification of orders and transactions?

Questions to Ask about Cost

1. What are the basic monthly fees?
2. Are fees charged on a per transaction basis?
3. Is there a setup fee? If so, what is it?
4. How are taxes handled?

Talk to other business owners about their choices and do your homework. The right solution is out there for you, you just have to be willing to do what it takes to find it!