Affiliate Marketing
Affiliate marketing is the process of helping a merchant to sell a product/service and you earn a commission for your efforts. Online, what affiliates do is to help direct traffic from their personal pages to a merchant’s brand by way of links. They are often paid commissions for the clicks that turned into purchases via those links from their web pages. Once in place, it keeps earning commissions once buyers click the links to make purchases. That is passive income which affiliates can earn indefinitely even within pandemic restrictions. Some affiliate marketers can earn up to $100,000 per year from passive income alone.
Intellectual Property Rights
Just as it happens offline, you can also earn passive income from intellectual property online, if you can sell something of value digitally. You can earn passive income from intellectual property rights on specialized downloadable contents such eBooks, music and songs, graphics and photographs, how-to videos, aerobics, hobbies, languages, games, cooking and such like activities other persons are interested in.
Content Creation Across Social Platforms
If you blog for business as most digital marketers are doing, you are already creating content. What you really need is to get better at it to turn it into a passive income earner. The reason is because, content creation is now one of the most rapidly growing and dominant forms of online incomes nearly every marketer can tap into. Nevertheless, be sure your content is of high quality. It must be informative, educating and even entertaining enough to gain readership and followership. If your blog content is of high quality, it will better project you as an established creator, some kind of expert or leader in a specific niche. That is especially true in an area where you already know there is a high demand for advice or special interest. When you are good in what you do as a good content creator, you set yourself up for passive income for as long as your content is in demand. Duplicating yourself and your content across multi-channels is one great way to get you and your brand known. Therefore, you can scale your content across multiple social media channels to increase exposure, traffic and income. To grow followership exponentially, you need more than just creating good content. You must stand out and be different, consistent, and dependable and the content you create must be especially unique. That is what attracts the numbers and the income.
