The most straightforward and effective way to monetize your website is to sell something. Selling and purchasing goods online relates to the term ‘e-commerce’.
According to Statista, retail e-commerce sales worldwide in 2016 hit the margin of 1.86 trillion US dollars, and the numbers are expected to grow to 4.48 trillion US dollars by 2021.
It means that e-commerce is a hot opportunity for everybody who has a knack for trading and wants to reap proﬁts from the sprawling online market.
Moreover, you don’t necessarily have to sell products directly. Owning a popular website, blog or social network with a strong followers’ base, you can easily be a middleman or provide recommendations for certain goods that matter to your target audience