Hey shan,
Like the others have said there are quite a few ways to monetize a website. AdSense, Clickbank, and Amazon are all really great options.
Another avenue you might want take is creating your own product and selling that. Digital downloadable products (eBooks, audio guides etc.) are the easiest and cheapest products to produce but you could also go for a physical product if you're willing to invest the time and money.
That's really all the advice I can offer without knowing what your website is about and who your target market is.
Shoot me a pm if you have any questions!
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