Definition: Monetize means to convert something to money. In Internet terms monetize refers to finding a way to generate income from items posted on the Web. Web sites are usually monetized by either selling ad space or creating a related product line, such as T-shirts with slogans.
SEO is extremely important for monetizing Web sites, because visitors are likely to find the site through Google or other search engines.
Feedburner has a monetize tab to let put ads on your RSS and Atom feeds and track the results. They used to also allow you to add Amazon affiliate links and ads from the "Feedburner Ad Network," but they dropped those services after being purchased by Google.
