Many new WordPress users wonder how to make money on WordPress. There are several methods you can try to monetize your WordPress site, including Google ads, individual ads, affiliate links, selling third party products, and selling your own products.
Google ads are probably the easiest way to start making money from your WordPress site. You get paid each time someone clicks on your advertisement.
Individual ads (sometimes called “banner ads” or “sidebar ads”) are usually based around an alluring visual concept. Again, you get paid by the click, although some advertisers will only pay for “conversions,” which is when someone clicks on your link and then buys something from the advertiser’s site.
Many people make money from their WordPress sites through affiliate marketing. There are thousands of products out there on the market that companies are desperate to spread the word about, and they’ll pay you handsomely for your review. Even better, if someone buys the product after following your link, you get a cut of the sales. Commissions usually range from 10-50%, so these affiliate earnings can quickly add up. Affiliate links are one of the best methods for how to make money on WordPress.
A more direct way to sell on WordPress is to have a dedicated sales page or pages, with pictures and descriptions of the products you plan to sell. You can easily turn your WordPress site into an e-commerce site by using a service such as WooThemes. Of course, if you set up your own shop, you are solely responsible for shipping your products on time; there’s no taking a few days off for a vacation when you have an online store.
If you want the big money, there’s a clear winner: selling your own products. These might be eBooks, coaching sessions, courses, a membership program, or exclusive bonus content that’s only available for paying customers. To make money on WordPress selling your own products, you’ll need a strong readership who would be interested in the product you intend to sell. You’ll also want to make sure you’re selling good quality products, since your name will be on them; if you’re not a great writer, it might pay to hire a ghostwriter for your eBook.
As you can see, there are a range of solutions for how to make money on WordPress. It’s up to you to test them out and find the one that works the best for your business.