If you have already heard the term monetization, surely the first thing that comes to your mind is something related to money (currency) and you are right, it has a lot to do with this.
But the important thing is not to talk to you about whether or not it is about money, rather what matters here is how you get money online.
The concept of monetization refers to the way you earn income from the activity you carry out on the Internet, it can be by using social networks, writing a blog (no matter the topic) or simply because you are on the Internet.
There are several ways to earn money online, to monetize your online activity, most are based on the same online business models.
For example, you can earn money by selling advertising space on your blog, once you have a very good audience that reads to you daily or sell your own products in an online store.
You could also sell a service and place it on sites like Fiverr.com, I myself have sold my ecovers creation service, here I show you what I have earned. It is a good way to earn money fast and without having to invest a lot of time and effort.
Monetization in internet business
The most important thing about monetization is based on the path (strategy) that you will follow to get the money, either by selling things from yourself (products and services) or from third parties (affiliate marketing).
I mean that if you do not have a strategy to obtain your income through the internet it will be very difficult for you to know what will be the most effective and profitable way of doing an internet business.
In the example I showed you that through Fiverr or similar Spanish sites like Geniuzz.com you can monetize your online activity; that is, you can earn money fast online. However, there is a lot of distance and difference from having a profitable online business, that's where the concept of monetization is most important and where you should think of a good strategy for you to generate more money, have better customers and your business is of long term.
In summary, monetization is the way you generate income through the internet. Always think of a long-term business so that your online activity is profitable and for that you will have to implement a series of strategies.
