If you have a large social media following, you may consider starting your own website or blog. Then watch how your pennies add up to huge sums of money as people visit your website. Many businesses are using Facebook because it is the most efficient method of directing people to their business website. And your ability to share digital media across social media platforms like Facebook, Instagram, and Twitter can add huge sums of money to your bank account.
These social media platforms allow you the opportunity to reach your target market without a cash investment. Then, if people like your posts, they tend to share them. So, the ability to use digital media in the correct way will help your business grow at faster rates than anything else in today’s world. Consider starting your own website. Use this guide from Bluehost and you’ll get a special offer of shared hosting at $3.95/month for 36 months, as well as a free domain name for a year!
When you build your website and run advertisements that have a Cost-per-click (CPC) of $0.15, you could earn an estimated $0.15 across 25 page views. Your revenue per thousand ad impressions (RPM) would equal ($0.15 / 25) * 1000, or $6.00. Many of you may not see the value in $6.00 per day. But stay with me…
Now, if you could get 30,000 page views, you could earn $180.00 —- (30,000 / 25) = 1,200 * $0.15
Now, if you get 80,000 page views, your revenue goes up to $480. —– (80,000 / 25) = 3,200 * $0.15.
There are many sites with over a million page views per day. That’s $6,000 in revenue per day; $42,000 per week; $2.1 Million per year.
Do the math and you can see how pennies add up quickly in the digital media space by owning your own website.
Consider starting your own website. Use this guide from Bluehost and you’ll get a free domain name for a year!