Long gone are the days when you had to hire an expensive website designer to build and add content to your website. WordPress has changed the way businesses and individuals publish content and has also provided business opportunities that did not exist a few years ago. Below are some of the most effective ways to make money from your WordPress website.
Create an E-commerce Store
Until recently, setting up an e-commerce store was a complicated and expensive proposition. This is no longer the case, because WordPress website owners now have the option to transform their website into a fully functioning online store.
A range of e-commerce WordPress themes and the WooCommerce script ensure that you can quickly and easily set up an e-commerce store that is able to sell a wide range of physical and digital products. All you have to do is buy a domain name, purchase website hosting from a hosting provider like Planet Hippo and finally install WordPress and the appropriate e-commerce theme.
Build a Subscriber List
When you publish a lot of content on a blog, it will eventually attract a lot of likeminded people. However, many of these people will visit a website, leave it and never return again. If you own a WordPress website like this, you are making a big mistake. Instead, you should make every effort to capture the contact details of each person who visits your website.
WordPress plugins make it easy to do this because they allow you to integrate your website with a range of autoresponder systems that capture and manage the contact details of these website visitors and shoppers.
Website Advertising
Potential customers and shoppers are not the only groups of people who are attracted to a busy WordPress website. Other businesses also see the potential of advertising on a blog or website that receives a lot of internet traffic.
This is an opportunity for a website owner to make an income by advertising products and services that may be of interest to the customers and shoppers who visit a particular website. However, it’s vital to only allow ads that are relevant to your audience and will be of some benefit to them. Otherwise these website visitors will lose trust in you and even decide to stop visiting your website.
Banner ads and link ads are the most popular ways to advertise other products and services. Advertising through your email list is another way to promote these businesses.
Paid Memberships
A range of WordPress membership scripts are available that have the potential to create a recurring income for a website owner. If you can produce high quality content on a regular basis that people will pay money for, setting up a paid membership is the way to go.
If used properly, WordPress can be an effective way to generate an income online. Some website owners have modest returns, but those who go the extra mile to develop a high quality WordPress website are making huge incomes that have changed their lives in a dramatic and positive way.