So what is internet monetization? Monetization is the process of converting an asset to cash, or money. Internet monetization is the conversion of internet assets to cash or money. And effective internet monetization is the process of converting internet assets to cash or money at a rate that exceeds the cost initially invested in the internet asset to provide more profit.



So what does that really mean to monetize your website? It means taking what we own on the internet and converting it to cash in our bank account. You see, no matter how many ebooks, subscribers, or how much traffic we have, if we do not convert it to cash, we are not effectively monetizing our internet assets.

So you may be wondering how do we do it?

First, you will want to start with your internet assets. What are internet assets? They are anything online that has the potential, either in the present or in the future, to create a stream of income is an internet asset.

These assets can include, but are not limited to: visitors to our web pages, web sites, landing pages, referral links, ebooks, information we currently own, information we know, patterns we understand of people, subscribers on our mailing optin lists, and anything else online that has the possibility of producing a revenue stream.

How do we monetize these? Ask yourself, how can I create an income stream from each of my internet assets? Just for starters, here are some ideas:

Internet Asset: Monetization Idea

Visitors to our web pages: Convert into paying customers by improving asspects of our sales process

Web sites: Increase conversion rate; add additional streams of income like affiliate links and Adsense revenue

Landing pages: Convert traffic into subscribers for future monetization; offer confirmation page sales letter

Referral links: Actively promote them

Ebooks: Begin promoting them; sell them or give them away to create value

Information we know: Create an information product--an ebook, audio, or video presentation

Are you getting the picture here?

You should be constantly scouring all of your internet sales processes and all of your online activity to determine where you can add in monetization for maximum profit. Begin to think big, to see everything as an income stream, and you will find serious success online through multiple streams of income so you are not dependent on one income stream. This protects yourself from putting all your eggs in one basket.