1. Create web content, a product or service that will attract visitors to the website. You can't monetize a website without visitors. A website should have at least 200 visitors a day to monetize it successfully.
2. Sell a product or service on the website. You'll profit from the sales of the product or service. Place a shopping cart and automatic forms of payment via Paypal or credit cards on the site.
3. Join affiliate programs, and feature affiliate ads on the website. For every click or purchase, a percentage of income is generated from the website. Choose affiliate programs that will attract or serve visitors on the website. Amazon Associates and Commission Junction are examples of popular affiliate programs.
4. Place Google AdSense on the website and generate income from every click and purchase. Choose from several different ad formats and placements to generate optimal results. Check the daily statistics to determine which ad type, ad word and ad placement produces the best results.
5. Create new products, new content or something exciting to keep website visitors returning again and again. For example, host a contest or a giveaway, link to other related websites, add a personal story or do a review of something helpful to visitors.
6. Include relevent keywords in the website copy to increase search engine traffic and drive visitors to the website. Hire someone well-versed in search engine optimization to increase traffic. Invest time in social networking sites, and share the website address with others.