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Wednesday, March 27, 2013

5 Steps to Monetize

how to monetize
Recently, a lot of questions about how to monetize a site or blogs come into my mail, from basic requirement, preparations until step by step process. Honestly speaking, it required a careful strategic planning, it is not done in one night or instantly. It was a process carefully planned based on your own goals, type of site/blogs/business models/product or services.

basically monetize is about generating revenue from your asset, converting benefits into payment and become a cash. Few assessment would needed first to identify the step by step process such as type of your product, your own business model, identify the marketing channel, did you have your own community? if not, then building traffic is a must, etc etc, and each of the process required their own KPI (Key Performance Indicator).

To simplify the answer, perhaps this infographics below can help you "how to monetize"



Monetize
Ways to Monetize
Source : Infographics


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Business Development • Strategic Planning • Strategic Marketing • Brand Communications