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Working with a website will never end. Having a website can be such a long process involving time and energy devotion as well as some amount of money.
At the end, you will consider how to make your money back. Can you earn from the website? The answer is Yes, you can.
Here are some ways to monetize your websites
Accept a sponsored post
You can have a section on your website to feature posts from writers/ advertisers whose products are related to your niche. However, you still need to select the advertisers and edit the content to maintain the characters of your website.
Sell an E-book or course related to your niche
Share your knowledge through e-book/course. There are thousands of newbies that are eager to learn the field you are into. Make sure it is worth the price you offer. To make an e-book, you need to find an interesting topic, design a graphic, make sure the layout is neat and convert it to pdf. Buffer and Moz provide good examples.
Using CPC or CPM widget
There are many companies such as Google with its Google AdSense, Payclick, Taboola, Outbrain and Poptm that will help you to create a widget for a CPC or CPM ads.
My personal recommendation is Payclick as it is easy to use and local Support Manager is always ready to help via Skype.
Sell your space for ads
You might want to spare a bit of space on your website for a web banner. You can sell the space based on the size of the banner. Some big websites such as Destination of The World News, New York Times do it. Find the example on the New York Times, The Telegraph, Vanity Fair, and Vogue.
Finally try to Put banners from CPA offers and Use auto-monetization networks(not same with CPM model, much more profit)