The other day, a friend of mine asked me over a cup of coffee if I minded explaining to him how to make money online with a website.

I was, of course, excited and passionate about the conversation and it went "To make money online with your website...."

Before we knew it, 4 hours had passed and we had a conversed a great deal on how to make cash online with your website.

Later on I thought, "There must be lots of other people who also wonder how to make money online with a website" and that is why I wrote this article.

Before we go into the definite ways to make money online with your website, let's go through what you need before you get started.

First of all, you'll definitely need a website positioned around a specific niche of your choice. Your option will depend on your hobbies as well as unique skills.

For instance, if your passion is cooking, you can start a website about it. Like wisely, you can start one around model trains if it's your hobby.

If you are not proficient enough or don't have the time to build a website, you can outsource to a web designer at freelancing sites like Getafreelancer.Com and Scriptlance.Com/Guru.Com.

You'll also need traffic coming to your website. This simply means website visitors who are potential customers. Traffic is to your online business what walk-in customers are to an restaurant. A business cannot flourish without customers and that's why you must have in place a system to generate website traffic.

You might also consider incorporating an auto responder service on your website. An autoresponder is a piece of software that automatically sends pre-written messages when a lead fills an opt-in form. It's important for sending follow ups or updates to your prospects and customers.

To add an auto responder on your website, you only copy a snippet of html code generated by the auto responder service and paste into the webpage where you want the form to appear.

At this point, talking of how to make money online with your website, you'll need to develop a monetization channel on your websites.

Among the ways to make money on the web with a website are:

1. Selling information products such as eBooks and audio or physical products such as clothing and guitars

2. Promoting affiliate programs

3. You can also make money online with a website by renting advertising space on your website or blog.

4 Including contextual ads such as Google Adsense ads in the content of your website.

To be successful with your website and to rake in good money online, you must ask yourself what your prospects need rather than what you can provide to them.

Think in the context of your potential customers rather than the context and interests of yourself or your online business. Create the website for the potential customers and not for yourself if you really want to make good money online.

To determine what your potential customers or target audience is looking for online and to measure the strength of your competition, you should conduct a keyword research or niche market analysis. There are many how to make money online for beginners tutorials that show how to conduct a keyword research.

In affirmation, to make money online with a website, you require a monetized website hosted online, traffic and probably an auto responder. And if you ever have to learn anything, there are many "how to make money online for beginners" types of products everywhere.

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