A profitable way to monetize a new website?

blackbeans said:

The best way to monetize a new website is to start off with your own products.

I know this is kind of a hassle for a lot of people, but if you want to build a brand quickly and establish a high perception of value, this is the way to go.

Also, you end up building an asset that can continue to make you money for a long time to come.

How?

Sell your own products through your own mailing list.

Basically, you set up a free booklet or a collection of blog posts—and to get a copy, people have to sign up for your lists.

Once they’re on your list, you send them updates that share valuable information, but also get them excited about a hot new “premium product” that you launched.

This premium product can cost $50 or $100—it doesn’t matter.

100% of that money is going to you!

Compare that with a typical affiliate program that pays you a percentage.

This is the way to play the game if you want to make a profit early on.

Even if you have very little traffic, you can still make money through this model.

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Mot The Pupil said:

Thanks for that... I have 3 brands w/ ~110 products, and I see a new product I have (still in development) as VERY valuable. Meantime, I've worked in the Internet Svcs./Communications industry for longer than I care to admit, but I *lack* some of the experience required for online store creation (multichannel) and branding. Anyway...

You mentioned "a booklet or a collection of blog posts"... I'd appreciate a more technical description of how you might set a new blog up, including video/image creation while using some of the content.

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