How To Make Money With Website As Digital Real Estate
How To Make Money With Website As Digital Real Estate. First off, the topic needs a little explanation. We all know what making money is. Right?
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Coming back to the explanation part, many of us may not be aware of the term digital real estate. So, what exactly is it?
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I know you are smart enough to get there before my explanation. You have already sorted out the analogy with physical real estate.
You sell or rent the physical real estate to get money—actually, a lot of it. Similarly, digital real estate is any online asset that you can sell or rent to earn money.
What are these assets in the digital world? They can include:
Let’s have a look at how to encash them. Any digital asset that can be bought or sold is likely a piece of digital real estate.
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You can think of digital real estate as virtual property. Just like physical property, digital real estate will often increase in value as long as it is maintained correctly.
Some people might also consider cryptocurrencies like Bitcoin or Ethereum digital real estate because it is a digital currency that can be bought and sold. How To Make Money With Website As Digital Real Estate Online
What is Digital Real Estate
Digital real estate can be multiple “things”.
It can be defined as?any digital asset that you own that can be bought or sold.
As you can see, this is a very vague description. That’s because digital real estate is so versatile. Just as there are many forms of physical Real Estate, the same goes for digital real estate.
What is Virtual Real Estate?
The term virtual real estate and digital real estate are interchangeable. Digital assets like domain names, social media accounts, and digital currencies can all be referenced to as virtual real estate.
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Ways Of Making Money Through Digital Real Estate
There are plenty of?digital assets you can acquire ?overtime to make money off them. It’s always best to choose something you’re good at.
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Blogs: How To Make Money With Website As Digital Real Estate
Blogs are basically websites.
However, there are?differences between a website and a blog . Blogs are usually more dynamic with continuous updates as compared to a static website that updates occasionally.
Blogs are usually content-centric websites that do not have a physical inventory to sell. Instead, they sell content, which could be anything from articles to videos.
Typically, blogs are associated with businesses that sell products or services. However, there are thousands of giant personal blogs as well.
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Moving towards the critical part, how can you start a successful blog? Well, again, the content management systems such as WordPress and medium come into play.
To make an analogy with physical real estate, a blog is an apartment that needs continuous renovation.
Sounds meh, Right? But it is what it is. The blog is a high-maintenance digital real estate.
The content of a blog needs to be worthy. You cannot just beat about the bush with a blog.
The only way to run a successful blog is to give value to the readers with continuous updates to the content.
Now, let’s move on to some ways in which blogs make their owners money: How To Make Money With Website As Digital Real Estate Online
a). Affiliate Content
As explained in the earlier section, affiliate content is a referral based system. You work with other businesses and brands to help promote their product or service, or simply divert traffic to their website.
The basics remain the same. You feature a product from another website of your niche. Someone clicks through, purchases it, and you get a commission from the purchase.
b). Guest Posting for Brands
The starting point for a blog is great content that builds authority in a niche.
You can guest post for other blogs with a little advertisement to your own blog if you’re already there.
This way, your blog will get traffic, and ultimately it will help you monetize the blog.
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c). Banner Ads for Other Businesses
You can earn money by contacting other businesses to place their ads on either the top or the sidebars of your blog.
Yeah, specifically these two positions because these are banner ads. You could also use Google Ads on your website which generates passive income.
Although there’s a lot of maths involved with the cost-per-click and the cost-per-thousand methods of digital advertising, it is worth it.
d). Selling a Digital Product
Bloggers do this regularly. They make a digital product such as a course or a webinar to make their subscribers learn new things while making money through registrations.
It is an easy way to make money through a blog if you’re an expert in your niche and can provide value for money.