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I'm really interested on how to monetize a website, can some one briefly discuss how do websites earn? And if your are earning by this method, is it taxable? Also in order to earn thru your website, do need some investing?  Any comments or suggestions are greatly appreciated.

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Well, you have to invest in the site development, design, etc. needed to create your website, and if you want to be successful, you also have to invest in a good infrastructure so that your website won't experience crashes as more and more people visit your site. You also need to decide what type of website you want but generally, I think the main portion of a website's revenue (provided that it's not being used to sell products or services) is through ad revenue.

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Posted (edited)

How can it earn?

  • Adsense, Chitika, etc. ads
  • guest posts
  • banner ad spots
  • special club membership
  • a signature displayed to guests
  • directory listings
  • boosted posts
  • better placed directory listings
  • donations

Can anyone think of other ideas?

 

Edited by jyy

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Posted (edited)

It usually takes some money to make money. Luckily things like web hosting are not very expensive. The web design part, unless you can do it yourself, can get quite expensive though. So you will need to invest both money and time for this to work.

Edited by WisTex
Fixed formatting issues. Browser plugin was messing it up.

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On 3/13/2018 at 8:19 PM, fishbate said:

And if your are earning by this method, is it taxable? 

Yes, in most jurisdictions, it would be taxable income. Most jurisdictions would consider this income as "business income" and would be taxed as such. 

In the U.S., reporting business income is easy to do, and as far as income tax is concerned, you are only taxed on your profits (after your expenses). Other countries may have different rules surrounding this. Either way, you probably want to look up the taxing rules where you live.

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