Monetizing your website essentially means to generate revenue through your website. This involves adding things to your website that will enable it to make money or become profitable. There are hundreds of ways to monetize your website, and some of them are simple while others are more complex and costly. Generating traffic is the key to monetize your website because the more traffic your site has, the more likely you are to make money. Some popular ways of monetizing a website are by implementing Pay per click (PPC) and Cost per impression (CPI/CPM) advertising.