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10 Proven Strategies to Unlock Your Affiliate Marketing Potential

If you are in affiliate marketing to earn a second paycheck or passive income, don’t ignore the right strategies that can help you to your g...

Showing posts with label eBooks. Show all posts
Showing posts with label eBooks. Show all posts

Tuesday, March 01, 2022

5 Ways to Earn Passive Income Online

A wad of Dollar bills and a padlock on top of a brown table.
Digital marketers always want to earn income online. If such income keeps coming in even without any additional work so much the better. That is passive income which comes in steadily as a result of certain business activities you’ve carried out in the past. Passive income could be in form of a single stream or multiple streams. The more passive income keeps flowing in, the more gratifying things become. There are several ways marketers can attain this feat, but these here are five of the commonest ways.



1. Affiliate Marketing

Affiliate marketing is a way to help brands market their products, while affiliates earn commissions for their efforts. Because most products merchants are always looking for viable ways to spread the word about their products and to sell such products, the marketing activities of affiliates become very handy. Affiliates actively promote products through their own channels and to their own audience. Once a sale is made through any affiliate link, the affiliate earns a commission as per agreed percentage of the sale volume. This way, affiliates earn passive income from commissions for marketing products online. They earn a commission from every sale they help make. If you are an affiliate, the more people buy your advertised products through your unique affiliate link, the more money you earn. That is passive income.

2. Real Estate Investing

Real estate investing is one of the most popular ways to earn passive income. With a little investment, you can buy and rent houses, offices, apartment buildings, and other types of real estate. By making little adjustments for property maintenance, you can earn rental income each month for as long as you have tenants occupying your property.

3. Sale of Digital Products

Digital products are usually very hot items to trade online because people are always in search of valuable information. If you have the knowledge and the skills, you can package any type of downloadable or streamable media products and sell them online to make money. Popular digital products you can easily earn money from include eBooks, templates, and plugins, PDFs, printables, audio or video courses. You can design and create digital products from collections of recipes to design templates and even schematics. Once created, you can generate passive income by distributing and selling the products through popular websites like SkillShare or Udemy.


 
4. Rental Income on Your House

If you have quite a roomy home or you are going on vacation, you can rent out part of your home in partnership with reputable rental companies. This method works really well to earn passive income if you have free rooms to spare or if you are going out of town for a while. Some home owners at times throw in their cars or even boats for hire as part of the deal to earn a little extra income.

5. Investing in Company Stocks

If you know little about stocks trading, it is advisable to work with professional stockbrokers here. When you make a stock investment, you are essentially buying shares of a company. You can resell the shares for profit or you earn income from the company’s periodic dividends declaration. As the shares you own increase in value and volume, you get paid higher dividends at regular intervals. Since these dividends are paid per share, the more shares you own, the higher your earnings. However, it should be noted that trading in stocks is a bit risky though. The reason you need professional stockbrokers to help trade stocks for you. The passive income you earn depends on the vagaries of the stock market. The reason there are no guarantees. To hedge against risk, you can diversify your portfolio and reduce risk. Despite this risk element however, investing in company stocks is one great way to earn passive income.

Friday, February 25, 2022

8 Best Online Side Business Ideas for Everyone

Dollar symbol on a brown money bag with scarlet letters spelling PROFIT on the side.
Even if you have a full-time job, you can earn extra income working online. You can start by working part-time and earning extra money through a side business. You can even pursue a hobby productively and turn it into a money-earning venture. This is what is most practical for anyone to do these days by way of side hustle. Even if you intend to become a full-time online entrepreneur in future, starting with a side business is a great way to go about it.

Here are some of the best side hustle ideas anyone can earn money from while still keeping a full-time job.

1. Content Writing

Online, content writers are in high demand because most marketers rely on good content to market their products/services. Even if you intend to become a full-time writer or blogger in the future, you can learn the ropes and perfect your writing skills by starting with writing part-time as a side hustle. Many online businesses particularly start-ups are always in search of good freelance content writers to write for their websites/blogs. If you are keen on earning money this way, just search online for contractual content writing jobs on different hiring and freelance platforms.

2. Creating and Marketing Online Courses

It is a truism that everyone knows something better than others. You may even have some expertise on some subject matters without realizing it. This knowledge if valuable can be packaged shared and sold to others. So, if you are an expert in any subject matter, you can create online courses on it and sell to interested parties. You however need to work with a course format depending on the marketing platform you choose to sell your courses. For instance, Thinkific.com is one website where you can start with limited courses and unlimited students for free. That’s one great way to launch out your courses for quicker acceptance.

3. Proofreading and Editing

If you are good at detecting formatting, grammatical and spelling mistakes, you can use this skill to earn some extra income by way of freelance proofreading and editing. Even with the advantage and options of having several online language checking tools, many companies still prefer human proof-readers to help them out with their content. If you have these skills, you can market them effectively on the very popular online marketplace Fiverr.com where clients can easily locate you.

4. Stock Photography

If have photography skills, you can join the VistaCreate Contributor Program to earn extra money by submitting your photographs. It is simple to get started. Just upload your images, and if any of the photos gets selected for listing, you’ll earn remuneration. You can thus make good money by selling images to various online stock photography platforms. Photographs that are always in demand have to do with nature, people, events, landmarks, or activities. Even after capturing these photographs, with the right skills, you can make them even more attractive by editing them. For a wider marketing advantage, you may also choose to try selling your photos on some other platforms with good reputation online.

5. Making and Selling Handcrafts

Making of handcrafts is one great skill nobody should allow to waste. So, if you know how to make handcrafts, you can earn good money by selling them online. You can start small and scale up as your crafts get more popular and the demand is increasing. Building a reputation for your handcrafts is the most critical part here. It is advisable to first visit the online marketplaces that sell handmade crafts to find out about the trending products. Alternatively, you can create something unique yourself to sell out there. To access a global market with your handcrafts, the online handcraft selling website Etsy.com is where to be.


 
6. Selling eBooks

With the requisite knowledge and writing skills, you can package and sell eBooks online. With eBooks, you don’t even need any publisher to approve your manuscript to publish a book. You can make money from eBooks by self-publishing and that’s it. Amazon Kindle Direct Publishing lets you publish your eBooks for free. For your eBooks to sell well be sure to write on trending topics about Foods, Dieting, Herbal medicine, Career Progressions, Sporting skills, Musical skills, Travels and Hospitality all tending towards self-improvement/motivation.

7. Remote Tutoring

If you have the passion, the knowledge and the skills to teach, you can hook up to the popular online tutoring platform TutorMe.com. On this platform, you’ll have the option of teaching any of the more than 100 subjects on offer depending on your knowledge. These options include regular school and university subjects, languages, hobbies, and art which you can deliver by way of remote tutoring. That way, you’ll be able to effectively teach students from all over the world right from the comfort of your home or office. For remote tutoring to be effective and profitable, the tutor must have a stable internet connection and a computer with a good quality webcam as very basic requirements.

8. Affiliate Marketing

If you are a good content writer or blogger, you can earn money by way of affiliate marketing. Through your content, you can promote links to products from product merchants and if sales are made through these links, you earn a commission. If your content has a large following, you can make substantial passive income from the content you write. You may also choose to join directly any of the many affiliate networks online to earn money from your content.

Saturday, January 08, 2022

Best Online Business Strategies for E-commerce Beginners

Lone e-commerce worker on a computer with a straw hat, pencils and slices of watermelon in a saucer on the work table.
Yes, covid-19 restrictions are still somehow in place but people must do business all the same. If you are new to e-commerce, you must first recognize that some business strategies have high potential, and some don't. That is the way it is in the world of e-commerce business. For this reason, it is imperative to first thoroughly analyze the market space to discover which e-commerce business has great potential before you make your decisions, pandemic restrictions notwithstanding. Below are some tested e-commerce business strategies that can help entrepreneurs to earn money online.



Affiliate Marketing

Affiliate marketing is a fairly easy business to start online even without prior experience. All it entails is to simply promote products online by sharing their referral links. These are affiliate links you can actively share on your blog, social media, email, or other online platforms. Any time someone clicks on your referral link or makes an order through the link, you earn a commission for your efforts. It is as simple as that. Online, there are a vast number of businesses looking for affiliate marketers to help them generate customers through effective links promotion or even word-of-mouth marketing. Large and very popular e-commerce websites like SFI TripleClicks, Alibaba and Amazon do offer affiliate programs that new e-commerce entrepreneurs can easily take advantage of.

Virtual Online Teaching

Teaching all kinds of skills online is a very lucrative business. Experience during the early stages of severe restrictions during the pandemic proved that businesses didn’t have to grind to a halt simply because of the pandemic. Online teaching and learning stepped up to help out. Many people were forced to study online. As a consequence, even offline-based institutions moved online. Many people with valuable and important skill sets in specific areas translated their knowledge into online courses and training and they started earning good money. More and more online learning platforms sprang up as well and the business continued to expand despite the pandemic. As a new entrepreneur interested in online teaching, there are many ways you can sell your online courses. Most common among them are by organizing online training sessions, self-publishing eBooks and making tutorial videos. You earn good money for your efforts.

App Developer/Web Designer

With improvement in technology, app and software development have become a great niche to start a business online. App developers now find good opportunities to create mobile apps and websites. If you are creative enough and have real interest in coding, HTML, CSS, and other aspects of web design, you can become a freelance webmaster/web designer. This is yet another great online business idea. Even if you don’t have the requisite experience in this field, you can leverage valuable web design resources, courses, and tutorials available for beginners and you’ll be in business pronto.

Social Media Management

SMM or Social Media Marketing is becoming increasingly popular with new online entrepreneurs. These are people who effectively use social media marketing to promote products/services online. They deploy social media efficiently as an integral part of their overall online marketing strategy. However, because of the diversity of many social media platforms, it could be hugely challenging to effectively manage them all for best results. One business opportunity this creates is that other businesses can outsource SMM to social media enthusiasts and experts who understand social media marketing and are able to manage social media platforms/pages well enough. Such experts get paid handsomely for their services.

Niche Market Retailer

Online, there are always buyers for almost everything. Even if you don’t have the requisite skills in social media management, affiliate marketing, or other online business ideas, you can create an e-commerce store to sell specific products like hand crafts, home made goods and even retail merchandise. If you promote the store well enough, you get good traffic, leads and sales. Comparatively, setting up an e-commerce store is relatively easy nowadays. Even if you are new in e-commerce business, you can create your hosting service with integrated e-commerce software or list your products on an e-commerce marketplace and you are in business.

Freelance Graphic Designer/Writer

Freelancing business online enjoys a lot of flexibility. Freelancers can freely choose what they do, how they do it and even who they do it for. If new in freelancing business, they can even decide to work with popular and credible freelance platforms like Upwork and Fiverr, freelancers who can help you to decide what to work on and who to work with. Most businesses require the services of good designers to create infographics, logos, posters, and other visual designs. If you have a flair for writing and you have the requisite writing skills, you can use your talent to get job offers to write blog posts, eBooks, and sales copy from people across the globe. There are limitless opportunities for web designers and good writers online.

Handmade Craft Seller

If you have the skill sets for handcrafts, you can create an e-commerce store to showcase and sell handmade crafts/art. Even if you can’t make them yourself, you can get these products from a supplier and sell them online to make money. Other highly creative endeavors like photography, carvings, sculpture and painting and other beautiful works of art can help with good income online via an e-commerce store.

 

Dropshipping Business

Dropshipping business requires you to sell online by simply taking customers’ orders and partner with a third-party wholesaler/retailer who handles the inventory and order fulfillment side of the business. It is one of the best ways to make money online without the need to invest or buy products in advance by way of huge investments. To make your own money, you just need to sell the products with a bit of a mark-up over and above the wholesaler’s price. For e-commerce beginners, it is really lucrative since they don’t have to worry about cost of storage and inventory handling/management to run the business successfully.
 
SEO, Search Engine Optimization Consulting

If you have the technical know-how and a good knowledge of SEO, starting a consulting business for website owners is a good business idea. With more and more people taking their businesses online, the competition for search engine rankings is really becoming tougher. If search engines don’t rank your websites in their SERPs high enough, it doesn’t benefit from highly valuable organic traffic. For this reason, many companies/brands that are obsessed with staying ahead their competition through ranking high on SERPs and turning their searchers into customers need good SEO techniques on their websites. Because SEO is really technical, it requires some good expertise to be able to render the service by way of consultancy. Those who know how can render the service and make good money from it. Good SEO consultants help business owners to analyse how their brand’s websites are doing online. From the results, they can best prescribe effective SEO strategies that help to increase traffic and customers to such websites.

Becoming an Influencer

Most influencers earn money mainly through brand sponsorships. They work by helping brands promote their products/services on their page. This is a very effective marketing method because most influencers usually have a large following on social media, and people see them as some sort of experts in a particular business niche. You can thus become an influencer in food and hospitality brands, sports brands, logistics and travels brands, hotels and accommodation brands, fashion brands and so on. There are several social media platforms influencers can take advantage of to build a large following. The larger an influencer’s following is, the more he earns. To become an influencer, you can start a podcast, become a TikToker, or create a YouTube channel, Pinterest or an Instagram account through which you can be creating valuable content regularly for your followers who rely on your opinion as an expert. That way, you get to build a real online presence, have a lot of following, and you earn money through commissions by promoting/endorsing products for products merchants.

Thursday, September 30, 2021

5 Tips to Monetize Your Website

Five pieces of 5 Dollar bills on a brown table.
If you are desirous to monetize your website, you must first work to create a proper monetization strategy. That is what you really need to be able to drive relevant traffic that converts real good. Even if you have a great website and steady traffic, you may not be able to make money from your website if you have no monetization strategy to do so. These here tips will help you to create that strategy and effectively monetize your website to earn money for you.



1. Sell Digital Products

To sell digital products on your website, you must first create such products that people will like to buy or you collaborate with other content creators and help to promote their products. The commonest digital products that really sell well are eBooks, educational courses, how-to templates, workout programs, research findings/data, travelogues, healthy food recipes and Industry trends. Make sure the digital products you offer on your website are essentially relevant stuff and of the highest quality available. You make good money selling digital products because creating and selling them is hugely cost-effective. It is much easier and cheaper distributing digital products than physical goods because you do not have to worry about handling, warehousing and shipping costs.

2. Join Affiliate Marketing

First be sure your website is designed to be able to handle affiliate marketing. Next is to reach out to product merchants whom you can promote their affiliate links on your website. You earn a commission from all sales made through the links you promote on your website. You can insert these links in your blog content and other articles on your website. You can also create side banners with images that promote affiliate products. Alternatively, you can decide to join reputable affiliate programs. The right affiliate program to join is directly dependent on the niche of your website. The most popular of these programs are ClickBank, SFI, Amazon, and eBay where you can seek niche-specific products that you can effectively promote to your audience. These programs will help to drive traffic to your website and each successful conversion will net you a commission. The more conversions you get, the more money you make. It is as simple as that.



3. Run Paid Ads

You can earn money through online advertisements on your website even if it is not your primary monetization method. These days, to earn money from online ads, you must factor in the huge impact of mobile devices in online traffic. What this means is that your website must be optimized for smartphones and tablets, not just computers. To run video ads, you can create inPage, inBanner, and inApp video ads which make it easier to insert professionally-looking online ads. You get paid by product merchants whose products ads you run professionally on your website. This payment depends on the number of clicks and views.

4. Publish Sponsored Content

If you write a popular blog or you have a large social media following, you can publish sponsored content and get paid for it. Having a great blog allows you to sell guest posts to make money. Here is how it works. You deliberately seek out interested parties who would like to publish an article on your website and get a do-follow link to help their SEO campaigns. By this arrangement, your website will benefit from good content besides the payment you’ll receive for publishing the content. However, you must ensure such content is genuine and original. For ethical reasons, you must notify your readers that the content is sponsored.

To find leads for good content, start with Instagram, LinkedIn, Facebook, and other social media platforms. You can also join relevant online groups and advertise yourself as someone who invites interested parties to post on your website. With time, and through this collaboration, you’ll be able to find more leads, get more sponsored content and make more money.

5. Paid Membership

Paying for a membership on a website when you can probably find a free alternative usually presents some kind of dilemma for some marketers. These are marketers who are not too conversant with the benefits that may accrue to them for doing so even though some of these benefits might not seem so obvious. Membership sites create relationships and loyal communities. They also give website owners a pre-qualified audience for marketing and upselling. Growing a significant community also establishes you as an authority in the industry. Finally and most significantly, as the website scales and your value increases, the community will keep you on your toes and encourage you to create the best possible content you can. Checking all these marks should be good enough to turn a membership site into a sustainable source of income. Other than just the membership fees, you can also consider other monetization methods as the membership grows.

Last Line

All told, these five website monetization tips are just a few of the ideas website owners can really depend on to make money form their monetized websites. The business niche of your website and the efforts you are prepared to put in matter a lot in the eventual income you’ll generate from your website. You may choose to work with just one of the methods or you combine as many of them as you are comfortable with. The bottom line is the amount of income you generate with your website if you monetize it with a good strategy.

Tuesday, September 21, 2021

How to Earn Money Online with Internet Technology

Dollar notes partially overlapped with a surgical mask.
It is convenient, it is sleek, it is cute and it works leveraging internet technology to earn money online. If you’ve tried to earn money online, you may have been scammed a few times with over-hyped eBooks, webinars and get-rich-quick schemes. Well just take that as your learning process. You can actually earn good money online if you follow the rules and do what is legit. Any get-rich-quick scheme online is in most cases a scam. If it is too good to be true, it usually is. Never you forget that cliché.
 
If you’re interested in legitimate ways to leverage internet technology to earn extra cash, pay good attention to the following.



Market Yourself as a Brand

This is exactly how celebrities and sports personalities make good money with internet technology. But first, you must have an engaging personality and live for social media. If your personality becomes engaging enough based on what you do regularly on social media, you can monetize these activities and earn good income. By the time your social media accounts particularly on Instagram, Twitter or Facebook have very large following you become some kind of influencer. You earn money through products endorsements and recommendations to buyers. By fully establishing and building your online brand, you earn more income as your online following continues to grow.

Embark on Affiliate Marketing

If you provide content online, you can help promote affiliate links and earn commissions from sales made through these links. That is affiliate marketing. It simply means linking products merchants and buyers through affiliate links and you get paid commissions from sales made through the links you are promoting. A commission-paying affiliate is any product merchant that offers a commission for selling its products online. You can earn these commissions if you connect your followers/viewers to their products through blog posts, videos, email marketing, or social media accounts by way of affiliate links. When a click on these links takes a buyer to the product merchant’s platform to purchase a product, you earn a commission which is usually calculated as a percentage of the final sale.

Start a Blog for Money

If you know something or you have a skill that can benefit others, you can blog about it to grow a following. When your blog becomes hugely popular, you can use it to promote affiliate links and earn commissions on product sales. You can also use your blog as an influencer to endorse and recommend products and get paid handsome commissions for these efforts. If you are blogging for money, always make sure your blog posts are of high quality, educating and highly informative. Be sure that all your content is current and up-to-date when posting. That is what helps to build loyal and dedicated following for your blog. The more the following, the higher the income you earn from the blog.

Sell Photos Online

Photography is a great skill. If you have the skill, you can earn money online selling photos. Before deciding on which photos to sell, you must settle for a niche that you’re exceptionally good at then start creating images in this niche. Some good images to sell can include abstracts, city-life, scenery, buildings, and iconic structures and so on. The idea is to build up your portfolio until you have multiple images to post online to attract attention. Next is to decide on which platforms you’d like to sell the photos on. Many of these online platforms offer different incentives particularly on copyrights and payment methods. Depending on what you prefer, you can settle for pay-per-view or outright download payment offer and you earn money from your photos.

Teach Online Courses

Online teaching skills help to earn money. You can teach cooking skills, yoga and sporting skills, teach languages, offer language translations, teach music or playing a musical instrument and so many other skills that can benefit others. Many people have specific skills/talents they can teach. We all have specific talents we can teach others to earn some extra income online. What really matters is to ensure you market your skills in the right online platforms to help you earn money from teaching these skills. How you teach these skills can vary depending on your preferences. You may choose to teach these skills by way of online courses, Webinars, eBooks, or even a profitable blog dedicated to your specific talent/niche.

Start an eCommerce Store

You can run your own small business and make money online by opening your own store in an eCommerce platform. You can consider eCommerce dropshipping as a convenient business model. It is hugely popular with eCommerce stores owners. Dropshipping allows an eCommerce store owner to sell various products to its customers while the manufacturer/supplier handles the shipping part of the sales chain. It saves the eCommerce store the huge costs of warehousing, safety/security of the products and the cost of shipping. Thus, when a sale is made from the eCommerce store, the product remains in the supplier’s warehouse until they ship directly to the customer. To get started, you must first create a website, find a reputable supplier, and start posting.



Organize Periodic Garage Sales

This is one great way to sell off your extra junk online. Solid items you no longer need such as used furniture, clothes, tools, appliances, books, bedding, sports equipment and children’s toys etc. etc. are eligible for periodic garage sales. Periodically selling off such items online can be a hassle-free way to earn some extra money. If you search well online, you can locate many websites that allow users to post items free of charge, complete with photos and a description. If you’re looking for a local seller, find an online platform that caters to your area. To sell unique or specific collectors’ items like antiques, paintings and rare photographs you need to find specialized and reputable websites for such rare items. You can make quick money from such sales.

Friday, February 26, 2021

Content Marketing Tools that Get Quick Results


Content marketing work station with a computer, notepad and pen.
Content marketing is a digital marketing strategy that involves creating and promoting any marketing content online. Marketers use content marketing primarily to generate brand awareness, increase social media following, increase website traffic, and ultimately to generate customer leads and sales. A good content is one that is educational, engaging, informational and even entertaining. Such good content helps marketers to attract traffic, get leads and customers. Practical examples of the types of content tools used by content marketers are e-books, blogs, online courses, infographics, case studies, how-to guides, glossaries, industry news, videos, images/graphics and banners, podcasts, and webinars. Digital marketers try to capture the attention of their target customers by publishing these content tools on their business websites, promoting them through social media, through email marketing, SEO, and even paid ads.



As pointed out by experienced marketers, some of the most popular content marketing tools that get quick results are:

Video Marketing: The use of videos online is hugely popular and widespread among marketers because it gets quick results particularly when promoted on social media. Many popular social media platforms such as Facebook, Twitter, LinkedIn, TikTok, Snapchat and Instagram encourage video content on their platforms. Now, videos are so important on YouTube that it has become the second most popular search engine after Google. Many shoppers now use it to find information about all kinds of products. Many rely hugely on YouTube product reviews to make their buy decisions.

Blogging: This is readily the most common content marketing tool among digital marketers. A good blog content spiced with relevant keywords for SEO helps to generate organic search traffic to business websites. If you blog regularly by writing articles in your business niche with informative content, it helps to demonstrate and firmly establish your industry expertise in the eyes of your readers. Blogs are very useful content marketing tools that have proved successful for creating some impact for increasing sales revenues. This is more so for products where customers can read reviews and write comments about personal experiences through blog feedback.  

Infographics: Infographics are a form of visual content designed to educate people. They often use charts, images, numbers, and minimal text, to communicate information quickly and clearly and give an easy-to-understand overview of a topic. The reason they tend to attract readers attention better and faster at giving out very important marketing info quickly. They get good results too just like videos.

eBooks: These are a long-form content type designed to inform and educate readers. They are similar to blogs in many respects except that they give more details in espousing a subject matter as well as the expertise on the subject. On business websites, eBooks find use as token gifts to get sign ups. That way, they serve as efficient lead magnets to collect the contact details of people who sign up to download the eBooks. That helps the marketer to build up a credible and reliable prequalified email list quickly. Every sign up thus represents a potential customer if followed up with appropriate emails from the marketer.

Tuesday, January 10, 2017

6 Smart Ways to Make Money While Asleep

Dollar bills spread out in fan formation on a black background.

It is now easier to get rich without stress by way of residual income than any other way which is legit. That is one way to allow your money make more money for you even without any significant additional efforts on your part. If you invest well, you get to make money 24/7 and in 365 days of the year. That includes even while asleep. Sounds fantastic, I suppose? These here are 6 smart ways you can get it done.

01. Earning Royalties. Royalty is the income you earn from your creative efforts. If you’re a talented musician, actor, comedian or author, you could earn royalties from your work. That is the money which accrues to you when people pay you for using your work or creative assets. It runs in perpetuity for so long as such work appeals to people.



02. Renting out Your Property.  You can rent out any property you own to earn income during the period you are not using it. These days, it is easy to earn cool cash from renting out your home while on vacation or your vacation home when not in use. You can also rent out your garage, parking space, or unused office space. That allows you to earn quick and steady supplemental income without really doing anything else extraordinary to earn it.

03. Blogging. The essence of blogging is to earn a significant following online from people who are interested in the information you have to share. Perhaps the most popular way to earn a passive income online is by launching your own blog. It is fairly easy to set up but you must have a considerable and useful knowledge base you want people to learn from. If your content becomes popular enough, you quickly gain followership. Next step is to monetize the blog to earn residual income by selling advertising and earning commissions on products promoted on the blog as an Affiliate.

04. Investing in Stocks or Shares. Your initial investment entails buying shares/stocks in a company. When you invest in company stocks, it makes you a stakeholder in the company. With that, you are then entitled to a share of the company’s annual profits if declared. Investing in stocks has been a popular way to earn a passive income for many years. Now with the internet, it has become easier than ever to research and invest in stocks on your own and in the comfort of your home/office.

05. Earning Commissions. If you have a popular website or blog which attracts good online traffic, you can promote products on it to earn commissions. With Google adsense, you are treated as a publisher for advertisements and you earn commissions rated by way of Pay Per View or Pay Per Click, that is PPV and or PPC. That generates substantial residual income depending on how popular your site is and how much traffic it gets.



06. Selling Your Own Products. The products you can sell can either be eProducts or physical products through your own online eCommerce store. If you’re knowledgeable in a certain area, then you can start creating products, such as eBooks or videos for sale on your website or blog. These products may take a lot of work to create and set up, but once all the leg work is over, you can just sit back and collect the proceeds when the orders start to roll in. Even if you don’t have anything of your own to sell, you can start drop shopping. This is where you sell products for a company on eBay or Amazon and they’ll take care of everything else, including shipping. You just earn your commissions.