Monetization – the word has got a new meaning today. In these difficult times, people are trying to monetize just about anything and everything. Some are hitting the jackpot, achieving multiple monetization streams on a single product they have. While others are just wasting away, not quite able to come to grips with the concept of monetization.
Here is an eBook that tells you how you go about having confidence to monetize things you want. How you can add to your income putting in minimal effort, and ensuring that that income keeps on flowing into your bank account.
It is quite easily understandable why people are going all out trying to monetize everything that is in their sight. Or, even out of sight. People are making money out of special talents that they have. If you have a special talent for math and are using it to tutor the neighbor’s kid for money, you are monetizing your talent. If you are writing a piece of content and selling it to someone, you are monetizing your flair for writing.
We are all very conscious of monetizing, but have probably never done it in an organized manner. Our occupations pay us, and we are usually content with what we get and don’t try to stick our necks out much. However, it is essential to know that there are several other things that we can make money out of. If we play our cards well, we can actually generate streams of passive income through things we set up once and enjoy the influx of money for our lifetime. That would be something like royalties on your products.
Monetization refers to what you can make money out of, over and above your usual profession. It is about your attempt, not the product’s worth. It is about how you understand a particular thing or talent is monetizable and then how you go about it.
Here, we are going to see various methods in which you can build streams of income for yourself, out of things that you never felt you could make money from.