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| Monetize Your Forum |
Forum is one of the popular website where people go
to either chart or hang out. Building a functioning Forum is one the easiest way
to make cool money online and here on this guide, I shall be putting you
through on how to monetize a forum.
INTRODUCTION
As I said before, forum is a great way to start a
discussion and getting answer to your question. People normally joined forum to
get answer related to the niche of the forum. People can start a healthy
discussion on the forum which will help them to learn new thing.
Forum has a hug traffic from search engine because
people search for answers and forum do exactly that. So considering the above
factor, forum can be a great tool to make money online.
The problem of a forum is that they are not easy to
monetize do to it layout, visitors focus only on answer etc. visitor do not
focus much on the advertisement that is place on a forum thus it is not very
easy to earn money from a forum base website and below I have details the best
approach to forum monetization you should use on your forum and they are:
1.CPM
Advertisement: Cost Per Impression (CPM) ADS can be a
great option for making money forum website. CPM Ads pays for every ads show
usually calculated as 1CPM=1000 ad Views, for example, any forum that get 5000
visitor per day and 1000 page views per day the CPM ad they get is 10 CPM and
if ad network pay $3 per CPM then 10*2=$20 earnings per day. The problem with
CPM ads is that very few networks accept forum website to their network.
2.Affiliate
Product Promotion :You can make money on a forum website by
promoting affiliate product. A good affiliate program where you can register is
Amazon affiliate program which is one the best affiliate program in the world,
you can as well try clickBank Affiliate program. What you do here is to
register in any of the above affiliate program, get your affiliate banner that
is if is Amazon or get your affiliate
link that is if you register with clickBank and place the banner on a strategic
place on the side bar of your forum. You can write a product review that point
to your clickBank and place your link at the end of the post.
3.Running
Paid Subscription Forum: If you are writing a unique
content on your forum, you can decide to password protect some section of
article on your forum and charge your member cert5ain fee to access the
password protected content. Let say you add a password section on your forum
where you collect $20 per person to access the content on that section and may
be at the end of the month you get 20 people that sign up for your paid option
on your forum that should be 20$*20=$400 I think this is a cool money.
4.Sponsored
thread: Most forum owner does not allow self promoting on
the forum, but with sponsored threads advertiser can post about their product
and services. Forum owner can sell sponsored thread at a fixed amount let say
$15 per thread. This is a good monetization strategy for a forum base website
because sponsored thread does not look like ads, and you can make good money
out of it without annoying your visitor.
5.Selling
Your Product and Services: You can decide to sell your own
product and services directly to your forum audience, you can sell something
like ebook, Videos, Coaching section etc to your audience and make good money
by doing so.
6.Ad
Space: You can create a fixed ad Space section in your
forum where somebody can book to place advert on your forum and pay you some
amount of money. This ad space can be specific let say 1 month ad placement on
the side bar goes for $30 and 2 month placement goes for $50. If at the end of
the month, you get like 5 advertisers who want to place ad on your forum that
will be cool money.
Conclusion:
Follow the above tips to effectively monetize your
forum website. Happy December!
