Of all the impressive WordPress features, WordPress Multisite is one of the most effective and is a great way for you to simply and efficiently manage several sites and subdomains at the same time. But did you also know that you can make a decent amount of money using WordPress Multisite?
In this piece, we will look at five of the ways that WordPress Multisite can help to make you profitable in the long term.
5 WordPress Multisite Money-Making Methods
There are a number of diverse ways to make money using WordPress Multisite, but here are five of the most proven methods that will have you making cash in no time.
1. Selling Your Own Products
One of the most effective ways to make money using WordPress Multisite is to sell your own products. The eCommerce plugin MarketPress is able to do this through your Multisite networks, allowing you to create a specific store network from which you can take a sales cut from either a single store or multiple stores.
Thanks to MarketPress, you can take a prearranged percentage fee of total store sales on a network, and the convenient thing about the whole process is that it is completely invisible to customers and is automated as well.
Another way MarketPress allows you to rake in money is through upgrades to the stores or sites inside of your network, which can be done by either permitting particular gateways for supporter blogs, allowing certain store themes for supporter blogs, or allowing certain stores in general for supporter blogs.
Essentially, you are using your marketplace capabilities as a way to generate outside revenue.
2. Establishing a Paid Membership Directory or Community
Establishing a paid membership community or directory is another way to make money through Multisite. Once a community is established, you can deliver access to online content, forums, videos, support groups, galleries, blogs, or any other downloadable content.
With the help of the Membership plugin, you can effectively develop a full-fledged subscription or membership site. Thanks to an intuitive interface and fully customizable options, you can manage your subscriptions and charge for specific membership-based features.
3. Setting Up an Affiliate Marketing Program
Through an efficient affiliate marketing program, you can easily and effortlessly promote your services and products. Thanks to the WordPress MU Affiliate plugin, the entire targeted advertisement process is completely automated.
To sign up for the program, all users will have to do is to log in with a PayPal email address. Once that is done, the MU Affiliate plugin tracks everything from paid memberships to unique clicks to signups. After that, you can just sit back and watch as the money trickles in.
4. Managing, Selling, and Sharing Advertising
Another way to get money through WordPress Multisite is through sharing advertising. Believe it or not, offering users a cut of your advertising revenue will help to benefit you in the long run as well because it will get users to promote your site, which in turn will earn both you and any participatory user money.
Through the Ad Sharing plugin, you can automate your advertisement sharing. The whole practice is quick and easy, and you can use such advertising utilities as context ads or AdSense to help you with the process.
By monitoring the amount of impressions on users’ sites inside of your network, you can see how the ad revenue is split up.
5. Establishing a Blogging Community with Superior Upgrades
Finally, the last example that we will touch on when it comes to using WordPress Multisite to make money for you is the development of an effective blogging network.
By establishing your own blogging community, you can offer users such top-of-the-line upgrades as domain mapping, advertising, extra storage, and premium plugins. You would offer such upgrades for a price, of course.
By using the Supporter plugin, you can turn users into subscribers, and we probably don’t have to tell you how profitable it is to have subscribers. You hear that? That is the sound of money going directly into your pocket.
Using WordPress Multisite to Your Ultimate Advantage
As you can see, there is a host of different ways that you can use WordPress Multisite for your financial benefit. Of course, you will want to determine which methods works best for you. Maybe it’s all of them or maybe it is just a select few. It all depends on how much time and resources you are willing to invest into a particular method.
That being said, it will behoove you to do as much research as possible into the different features of WordPress Multisite to make sure that you are getting the absolute most out of it.