One popular method of making money from your website, or websites as the case may be, is via banner ad revenue. Banner ads are advertisements displayed on your website that drive traffic to other peoples’ websites; these people pay you a either a set rate or a fee per each customer that visits their business by clicking on the banner they paid for on your website. There are a number of methods for monetizing your website available to consider, so don’t just stop at banner ads when you’re looking for methods of making a some cold hard cash from your web domain.
Banner ads are getting harder and harder to make money from as more and more companies begin changing over to pay-per-click payment methods. Where does this leave you if the only income coming from your site is banner ad revenue? If you like spending time browsing the new, you probably see thousands upon thousands of banners each day, and you’ve probably never had the urge to click on any of them - which is fine when you’re a browser, but for a business owner it’s the pits. There’s been a broad range of business that have lost about 10% of their avenue because of this drop in banner revenue since the start of 2009.
But if you don’t want to lose all of your banner ad revenue, what options do you really have? An option that you might want to consider is selling products on your site with the help of a wholesale supplier that does drop shipping. This will be particularly successful if you locate and promote items that already appeal to the target audience of your website.
However, because banner revenue takes so little work, and selling products with a drop shipper requires some work, you may not think this is a very appealing option. However, working with a whole sale drop shipper actually doesn’t take TOO much work - only a little. If you use a third party website like eBay, or have your own shopping cart set up via your site, you need some kind of system to make sales. In order to make money, people need to be able to locate and have a clear idea of the products you are selling that they want to buy.
After that, you just need to sit back and let your website make sales - all you have to do is tell the drop shipper when a sale comes in! In reality, this is the same amount of work it would take to set up a banner ad revenue system.
Just make sure you keep in touch with your wholesale drop ship supplier, and keep them up to date on your orders. You will have to give them a portion of the payment from your customer in order to pay for the items, but that’s a small price to pay for how little work you’ll be doing.
And every time you make a sale, you’ll make a decent chunk of change - unlike banner ad revenue, which pays in tiny increments. Instead of selling plots of your web presence to other people, create a retail outfit that will make you money with minimum effort.
Check out several reputable drop ship suppliers to find one that that offers products that your customers will be interested in, and start making a much bigger income with your website today!
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