There are numerous ways in which you can make money online.
The sheer scale of the internet and the number of people currently online – estimated to be over 4 billion users – means that there are plenty of methods of generating income. We have looked at many online revenue models before and in this blog we are going to show you 3 types of internet revenue that have worked in the past and continue to work in 2019.
3 types of revenue models you can use online
This is just the tip of the iceberg when it comes to online revenue models but these are 3 methods that prove to be highly popular.
#1 Sponsorship model
This is often disregarded as a way of making money online but it can be highly effective.
A sponsorship model is essentially accepting payment to have certain pieces of content displayed prominently on a website. While many sites use this as their main model – Buzzfeed for example – it is something to be wary of. Paid reviews are illegal in America and accepting sponsored content can hurt you in the long term.
That being said, sponsored content is a way to not only generate income online but to also add quality content to your site which can help to improve your traffic flow and audience.
#2 Subscription services
Subscription services work really well as an affiliate marketing model because they provide a longer-term income than simply selling access to a product on a one-time basis.
In fact, the subscription model is very scalable as well. It works by selling a subscription to a service as an affiliate that is billed frequently (usually monthly). So, for example, instead of receiving one payment of $30 to access a product you will receive monthly payments of $15 that works out better financially in the long run.
Subscription services have really risen in popularity amongst affiliate marketers over the years and 2019 is going to be no different.
#3 Online advertising
Finally, we have online advertising.
People have been making a killing from this ever since ads started appearing on the internet. You might have heard of terms such as CPC, CPA and CPM and figuring out the right model for your website can seem complicated however it is a tried and tested method of generating income.
Depending on how much traffic your site gets and the niche you operate in, the online advertising affiliate model is an effective way of making internet revenue without having to put much work in at all.
Online revenue models in 2019
These 3 affiliate revenue models aren’t just for this year – they have been used for decades to generate money online.
Unlike some other models which have come and went, these models have stood the test of time and still continue to be effective. There is a wealth of information out there that can help you get started with any (or all) of these strategies.
The internet can be a goldmine and it is a case of finding the right approach and choosing the right model to suit your niche and website traffic.
