Hey Stephen, that sounds like a really big project. I think the first step in getting big clubs to pay attention is to provide something worth their time. As for monetization, as the middleman, you could ask for sort of broker fee when a contract is signed. Otherwise, premium memberships could be another monetization strategy or advertisement if it makes sense. Good luck!

Secondly what are the best monitization strategies I can imbibe to this website to make income passively and how many of these strategies can I use. I will appreciate if you can list out from ones explained above.

Thanks for your candid opinion.

Hey Rishama, there are plenty of WordPress plugins that allow you to sell digital products (e.g. WooCommerce, Easy Digital Downloads) or create a membership website with locked content (e.g. MemberPress).

In order to add affiliate links to your site, you first need to join an affiliate program. This can either be through a central directory like ShareASale or on the website of the provider of the affiliate program. After that, they will provide you with affiliate links that you can copy and paste into your site.

Hey Daniel, if I understand correctly, you want to build a resource website for members of the residential community where they can find service providers (plumbers, gardeners, etc.) more easily without having to do their own research. Is that correct?

In that case, I could imagine the following business models:

1. Build a membership site where people pay for the access to these resources
2. Provide premium service for an extra fee (e.g. directly book an appointment through your website instead of having to call the provider)
3. Advertisement (preferably not from an ad network but relevant businesses you negotiated placement with)

Personally, I’d go for 2 and 3. Hope this helps!

Hey Lene, that sounds like a great project! I hope I am not too late with my reply. Typically, comparison sites earn money through affiliate links where people can buy the compared products directly. However, unless you are working with online grocery stores, this is probably not the best option. Here are some other ideas I had:

1. Make it a membership site where vendors who want their products listed have to pay for it. You might also add extra services such as the ability to have their special offers highlighted on the site.
2. Offer premium services. I have an app on my phone that delivers weekly free recipes. It also has a premium version where, for example, you can automatically create a shopping list from the recipes that you like. Similar things might be possible for your website where paying members benefit from extra features. Think about what the next steps are for your users once they have compared and found products they want to buy and I am sure you can come up with something.
3. Building on the above, maybe you could collaborate with a service (or even offer the service yourself) where website visitors can also order the products they found online and have them delivered to their house.

These are just some thoughts. Hope it helps and good luck!

That really depends on your website and topic. Typically ways to monetize educational websites like blogs are affiliate marketing, digital products like ebooks and online courses, and offering services like consulting. If you give me a bit more information what your site is about, I might be able to give you more tailored advice.

Hey Mahi, I checked your website. If I were in your position, I would have a look at the mommy blogger scene and see how the biggest blogs there monetize their content. That should give you some ideas.

Those are great numbers! It would help to understand more about the “content” and focus of your website/forum. Is there a link you could share? I would be happy to offer suggestions.

we have a website called DrDad, and would love to hear some insights on how to monetise (something specific).

please let us know.