
Monetizing an Educational Website
My website is aimed at the health sector and trying to educate folks in the area of pharmacology, medicine and so forth. I didn't initially set it up as a money-making-mechanism but I've since wondered about what potentialities it may have. However, from reading this website I'm wondering if the potential is limited.
For example, folks here talk about affiliate marketing and setting up blogs etc. However, my site is purely educational and my aim is for it to be the best source for students worldwide in areas related to drugs as a review style source. My content has already been positively reviewed and my accompanying blog also appears to be popular.
So, I took the advice of folks here who told me to check out keywords on Google Keyword Tool, which I did. I searched 'Pharmacology' as this is the main bulk of my site. The statistics came back as follows:
Competition: Low
Global Monthly Searches: 823,000
Local Monthly Searches: 60,500
Are these good stats or what? I'm not sure how to interpret this.
So is this type of website, being an educational one, a viable way to monetize and make cash. If so, what mechanisms can I employ to try and maximize this?
Second, how do I interpret the figures of the keyword I chose and are these good figures?
Any help is much appreciated! :-)
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