How to Make Money with WordPress: 5 Proven Tips That Work

Are you looking for ways to make money with WordPress?

Whether you want to utilize your WordPress site to create a second source of income or establish a full-fledged business to move away from your 9-to-5 job, WordPress offers a wide range of tools to make that possible for you.

With the right plugins and themes, you can easily harness the art of WordPress monetization. In this article, we have shared some proven tips to solve one of the most searched queries of WordPress users, that is, "how to make money with WordPress?".

Whether you want to make a side income of a few hundred dollars per month or build a business that replaces your full-time job, WordPress gives you all the tools you need to make it happen. Before diving into the tips, let us first discover Why use WordPress for making money.

Why use WordPress for making money?

More than 43% of all websites present on the internet are based on WordPress which speaks for its reliability and flexibility. One of the biggest advantages of using the platform is that you do not need to be a developer or coding expert to use it.

Here is what makes WordPress an ideal choice for making money:

• Friendly and helpful community: You can get help whenever you need.
• Affordability: You don't have to break the bank to start your website. You can begin with a minimum or absolutely no cost.
• Flexibility: Suitable for all types of websites including blogs, eCommerce, and more.
• Scalability:  You can easily boost your revenue flow as your traffic increases.
• Search engine friendly: WordPress comes with built-in SEO features which help search engines index and rank your content.

Proven tips to make money with WordPress

The first step to make money with WordPress is to build the right strategies based on your business goals and audience. Whether you want to earn through content creation or you are an aspiring entrepreneur, you need to understand your requirements and the revenue model that perfectly fits you.

1. Affiliate marketing

Affiliate marketing is a WordPress monetization method in which you promote the products and services of other businesses in exchange for commission. When your visitor purchases any product or service from them through the affiliate link, you earn a commission.

Here are some effective affiliate marketing tips to help you maximize your revenue potential:

• Look for products and services for affiliate marketing that are relevant to your website niche.
• Once you get your affiliate link, make sure to promote it by using it naturally in your content.
• Maintain transparency with your audiences by unveiling your brand collaboration.
• Select products that you have used or genuinely know about their goodness.
• Ensure that the  content you add your affiliate link to is attractive and instantly catches attention.
• Keep an eye on your affiliate performance through analytics and other performance measuring tools.

2. Sell digital products

One of the most effective ways of making money with WordPress is to sell digital products. The biggest advantage of this WordPress monetization strategy is that digital products do not need shipping or inventory management. Accepting payments can also be easy using a trusted payment system.

You can sell academic courses, eBooks, plugins, online courses, audio and music files, etc.

Consider the following tips to sell digital products for WordPress monetization:

• Choose your product: As mentioned above, you can start with products that you genuinely believe are good and interesting.
• Incorporate tools: Utilize tools such as Canva, Teachable, and Google apps to create products based on your product type.
• Install a payment plugin — WooCommerce is one of the most popular solutions for selling products directly to your audience on WordPress. For purely digital goods, Easy Digital Downloads (EDD) is a lightweight, purpose-built alternative.
• Create a dedicated sales page — Use your WordPress page builder to craft a compelling product page with clear benefits, pricing, and a strong call to action.
• Promote your product — Share it through your blog posts, email list, and social media channels to drive traffic to your product page.

3. Sponsored content

This is another lucrative WordPress monetization strategy that you can utilize based on your business type and goal. It is mainly suitable for websites that attract heavy traffic regularly. This is because when you have a consistent traffic flow on your WordPress site, other brands become interested in paying you to talk about their brand.

Such sponsored content includes reviews, blog posts, social shares, newsletter etc. Brands pay to publish these articles on your platforms.

Here are some tips for the same:

• Select brands that go well with your business.
• Reveal the sponsorship to your audiences to keep things transparent.
• Negotiate the commission amount  to make sure you get fair prices.
• Ensure that the content is useful and interesting for your readers.

4. Allow dropshipping and eCommerce integration

Dropshipping is a trending eCommerce business mode that enables you to sell products on your website without the hassle of managing physical inventory. In this system, you can post and sell products from a third-party supplier. You do not need to stock the products; you just need to post the images along with the price, and when a customer places an order on your website, the supplier directly sends it to the customer.

The biggest advantage of this strategy is that it completely removes the inventory management cost.

Keep the following things in mind:

• Carefully select your third-party suppliers. Do background checks and go only for the reliable ones.
• Create product listing wisely to ensure that the products match your niche and audiences. Add compelling product descriptions along with high quality images with accurate pricing.
• Promote your dropshipping business in different social channels to maximize audience reach.

5. Display ads

You can also make money with WordPress site by allowing other businesses to display their ads on your website. In this WordPress monetization strategy, your earning depends on your website's traffic generating capacity.

This is usually done in two ways: PPC(Pay Per Click) and PPI (Pay Per Impression).

To maximize your revenue from advertisement display, follow the below-mentioned tips:

• Choose a prominent location on your website to display ads that would instantly grab visitors' attention.
• Test different ad sizes to determine the best suited size for your website.
• Having a professional and clean website design is also important.
• Track your ad performance through Google Analytics.

Now that you know about the proven strategies to make money with WordPress, let us reveal the easiest way to monetize your WordPress events website with WP Event Manager.

Monetize your WordPress site with WP Event Manager

WP Event Manager helps you create a full-fledged Eventbrite-like event ticketing platform that can double up your event revenue. With the Sell tickets add-on of WP Event Manager, you can not only sell your event tickets but also allow other event organizers to post their events and sell tickets through your website in exchange for commission.

Besides the Sell tickets and Registration plugin, you can also use the Stripe split payment plugin to simplify the process further. The Stripe split payment add-on automatically divides the event ticket revenue between the event organizer and you. For more details, discover the plugin now!