Website monetization is the process of converting existing traffic being sent to a particular website into revenue.
In Web development the term monetization is used to mean the ability to generate a revenue thorough your Web site or blog. Monetization can be from affiliate programs, electronic commerce, premium content, advertising or any form of revenue generation.
Monetization, in a modern (including web-related) context, can be said to be the conversion of a virtual or mostly-virtual asset into money or its equivalent. Examples of these types of assets are domain names, website traffic, website visitor names or email addresses, and reputation/buzz about a website/person/company/brand. Examples of the equivalent of money would be the balance in an affiliate account, an online account such as PayPal, or coupons.
Website monetization is the process of converting existing traffic being sent to a particular website into revenue. The process of monetization can be challenging, and complex. Monetization simply refers to making money from a website.
Monetizing your website is the name of the game. You can have unlimited traffic, a huge email list, and millions of social shares.