How to Make Passive Income Blogging

Freelance bloggers can make passive income from blogging in a number of ways. It may take a while to do this but if you are patient and persistent, you too can make money blogging. If your blog has already taken off and your audience becomes sizeable, you can then take positive steps to monetize the blog in the following ways. These are all viable ways/techniques to generate income from your blog:

Selling Your Own Products/Services: If you have the knowledge, skills or expertise in a particular field, you can create and sell your own products or services on your blog. You can create and sell products like eBooks, online courses, or expert consulting services. You earn money by way of outright sales or through consultancy fees.

Display Ads: You can sell ads spaces on your blog to make passive income. If your blog has a sizeable readership, a large audience and is popular enough, businesses will pay to advertise their products/services on your blog website. As a blogger, you can also earn money as a publisher if you allow some ad networks like Google AdSense to display ads on your blog. Anytime a blog reader views or clicks on any ad on your blog, you earn income as a publisher.

Affiliate Marketing: Affiliate marketing is performance-based marketing model where affiliates help product merchants promote their products in exchange for commissions. As a blogger, you can promote affiliate products/services on your blog through a unique affiliate link on your content. Anytime a reader clicks on your affiliate link and makes a purchase, you earn a commission. If the traffic to your blog is good, you make more sales as a result. Attracting considerable traffic to your blog is therefore of utmost importance to your ability to make sales.

Membership Sites: You can make passive income from subscription fees on your exclusive and highly valuable content on your membership site. If you have such valuable and exclusive content to share with readers, you can create a membership site where readers can pay some prescribed fees to access your exclusive content. This could include content like gated blog posts, webinars, or online communities.

To make passive income blogging, these here tips will help you out:
 
Aim to Solve Problems with your Blog: Yes, everyone who blogs probably has intent to sell something but this should not be too obvious. Aim to solve your readers’ problems first with your blog content and you can make sales along the line. Inspire your readers with the lessons from your own freelance blogging career and you can sufficiently arrest their attention enough to notice the products/services you are marketing. Blog extensively about your work-life experiences that could be valuable or inspiring to your target audience instead of throwing products or services you are marketing in their faces. If your aim is obviously to solve problems for your blog readers, they’ll trust and value you enough to do business with you.

Choose a Niche: It’s of utmost importance to choose a niche for your blog. This niche must resonate with your audience and you must have enough knowledge and expertise about it to help you market successfully in the niche. It helps too if you are extremely passionate about the niche. Marketing in such niche will make it easier for you to consistently create high-quality content that your readers will find valuable.

Create High-Quality Content: Blogging is the most popular form of content marketing among digital marketers. All it takes is to consistently create high-quality, impactful, informative, and educational and even entertaining content that your readers will find valuable. The content must be well-written and packaged in such a way as to make it highly engaging.

Blogging Host Sites: If you cannot immediately set up your own website for blogging, you can blog on host websites like Blogger, WordPress or on LinkedIn as an author. These host sites help you with valuable in-house blogging tools to make your blog successful. They have provisions for monetizing your blog on their platforms to enable you to earn passive income.
 
Widely Promote your Blog: The more popular a blog is the more income it earns for the blogger. As soon as you start creating valuable content on your blog, you need to widely promote the blog so that people can find it. The best places to promote your blog are, on social media, in online forums, and through guest blogging.

Guest Blogging: You can be a guest blogger on very popular blog sites in the same niche you are. By leaving a link back to your blog on the guest blogging site, your blog earns good traffic and valuable backlinks. These backlinks are important factors in the SEO of your blog. The blog could thus benefit from good organic traffic as a result.

Summary

Always bear in mind that it takes quite some patience and persistence to be a successful blogger. If you use the foregoing monetization techniques and tips, you too can build a successful blog to earn passive income in perpetuity. By the time you start creating content, don’t be discouraged if you don’t see good results immediately. Just be patient and keep creating great content and promoting your blog as widely as possible. With time, you’ll start to see results.

Top 10 Ways to Earn Passive Income with Digital Marketing

Technically, making money with minimal effort is called passive income. This is a type of income stream that is presently hugely attractive to most digital marketers. Typically, digital marketing’s 24/7 availability, quick updates, and data-driven decision-making helps to empower marketers to generate leads, increase conversion rates, and easily gain a competitive edge. This is why building a passive income stream with the help of these characteristics has become a strategic necessity for most ambitious digital marketers. To earn passive income online, these here 10 ways are available out there for digital marketers to engage.

 

1. Launch an E-commerce Store

You can create your own e-commerce store and sell your own products to make money online. Through this store, you can sell both physical and or digital products as you wish. Make sure to focus on products that cater to a specific niche to target a more dedicated audience. If you want to increase sales and generate passive income from the store, it is best to implement effective digital marketing strategies such as social media marketing, content marketing, and targeted email campaigns.

2. Affiliate Marketing

Affiliate marketing is another great way to earn passive income online. It simply involves promoting other people’s products/services through a unique affiliate link and you earn commission on the sales you generate. If you promote your affiliate link through your content, anytime someone makes a purchase through the affiliate link, you earn a commission. If you really want to succeed in affiliate marketing and earn good commissions, you must focus on the products/services that align with your niche or expertise. You can then make effective use of social media platforms, blogs posts, or YouTube channels to reach a very wide audience. That way, it is possible for you to generate more leads, conversions and sales.
 
3. Invest in Dividend-Paying Stocks

Marketers can generate income from dividends and invest same in their marketing efforts. This is one viable way you can grow your online businesses and passive income streams. To get this income stream growing, you can research and invest in dividend-paying stocks from reputable companies. This can help you to build a steady passive income stream with unlimited growth.

4. Create a Membership Site

If you regularly share high value content online, you can create a membership site to earn income. This site will offer fees-paying subscribers exclusive content, resources and or services they are willing to pay for by subscription. To earn passive income from your membership site, you can attract loyal members who pay a regular recurring fee. You can do this by providing real value through premium content or a community experience. If you continuously engage with your members, you can even offer more services. You can offer a fresh range of service by focusing on customer retention to guarantee a steady flow of passive income.

5. Create and Monetize a Blog

Blogging is the commonest form of content marketing among digital marketers. You can thus earn passive income from blogging if you take steps to monetize your blog. Building a successful blog takes quite a while though, but it is worth the while if it starts generating steady income. This is so because it takes quite some time to steadily grow your blog following. By the time your blog following becomes substantial, you can earn a steady stream of income from it if you consistently publish valuable content related to your niche. You can realize this by monetizing the blog through publishing display ads, sponsored content, or by promoting affiliate products. 

6. Join Content Monetization Platforms

There are several content monetization platforms online you can join. These platforms allow you to earn a bit of extra income by posting your content such as articles, videos, or images on the platforms. If your content is highly valuable, you can earn money from its engagement on the platforms. You get paid based on the views or engagements your content receives. You can join YouTube’s Partner Program, Medium’s Partner Program, and Getty Images to submit valuable content like videos, photos and images. If you consistently upload such high-quality content, you can steadily increase your earnings on these platforms by way of passive income.

7. Utilize Email Marketing

To earn money from email marketing, you must first build a responsive email list. This email list is a very valuable asset in digital marketing. You can through it send marketing messages to hundreds of thousands of subscribers in a matter of seconds. That way, you can effectively foster a loyal audience by providing valuable content and engaging directly with the subscribers. You can effectively use email marketing to promote affiliate products, including digital products or e-commerce stores. A well-nurtured, responsive and segmented email list can become a consistent source of passive income if strategically deployed.

8. Participate in Dropshipping

Dropshipping is a business method that eliminates the need to keep inventory on hand thereby eliminating the attendant cost of keeping, safeguarding, warehousing and handling inventory. Here is how it works. When a customer orders a product from an online store, the order is transferred to the supplier who ships the product directly to the customer. All the dropshipper is expected to do is to simply take orders and pass the orders to the product merchant who will do the supply based on the order. Dropshipping profit is calculated as the difference between the wholesale cost of the product and the retail price. By this arrangement, dropshipping marketers can attract customers and generate passive income without directly handling any physical products themselves.

9. Create and Sell Online Courses

Making money from creating and selling online courses requires real knowledge and skills. So, if you have valuable knowledge in a particular field/subject matter, you can consider creating and selling online courses through platforms like Udemy, Teachable, and Coursera. These platforms allow you to upload your studies and whenever someone enrolls and pays the fees, you earn a portion of the revenue. To make money from selling online courses, you must ensure your course content is valuable, engaging, and offers practical insights capable of attracting many more learners. That is what helps to boost passive income for you.

10. Create and Sell Digital Products

Making money from selling digital products requires practical knowledge, skills and creativity. For people who have the creative flair or a specific skill set, they can make money by creating and selling digital products like eBooks, templates, graphics, or software. Such digital products have low production costs. When produced, they can be sold multiple times without any additional effort or costs. Many digital products can earn you passive income for several years and they have copyright protection. You can take advantage of social media and other online marketplaces like Etsy to reach a wider audience and boost sales for your digital products.

Effective Passive Income Tips and Tricks to Maximize Your Earnings Online

Passive income is a way to earn money without actively and constantly working for it. With passive income, you can make money 24/7 even while asleep or on holidays. This is the ultimate way of earning income online which many digital marketers always crave to have. Following are some of the best passive income tips and tricks that can help you maximize your earnings online at minimal recurring efforts.

Create a Blog

Blogging is a very popular form of content marketing among digital marketers. If you have specialized knowledge and skills about a particular subject matter and you enjoy writing, you can create a profitable blog. You can use platforms like Blogger, Wix, WordPress or Squarespace to create a free blog. By the time your blog has sizeable following; you can decide to monetize it to earn passive income from it. The passive income can be earned through affiliate marketing, advertising, and sponsored posts. For your blog to be profitable, you must constantly create valuable and impactful blog content for the benefit of your readers.
 
Participate in affiliate marketing

Affiliate marketing is a great way to earn money online by promoting other people’s products to earn commissions. When someone clicks on an affiliate link advertised in your content and makes a purchase, you earn a commission from the sale. You can participate in affiliate marketing through credible and reputable affiliate marketing platforms like Strong Future International, SFI, Amazon Associates or ShareASale. On these platforms, all you really need do is to promote products as widely and as best you can and the platforms handle the rest including sales attribution and payment of commissions.

Create an Online Course

If you have the skills and expertise in any particular area of human endeavor, you can create an online course and sell it on platforms like Udemy or Skillshare. Once created, you can earn passive on the course if people find it valuable enough to enroll in and complete. However, you cannot earn this income if you are unable to put in the requisite upfront work that will help to generate passive income for you over the long term.

Sell Stock Photos

Are you a skilled photographer? Do you have the right equipment for good photography? Do you enjoy photography? If you do, you can earn passive income by creating and selling your photos on stock photography websites/platforms like iStock, Shutterstock, or Getty Images. Once you diligently put in the required upfront work which includes taking and editing photos, you can earn passive income over time from your work once the photos are uploaded on any of these platforms whose terms you must be ready to comply with.
 
Sell Digital Products

Creating digital products requires some skillful upfront work imbued with deep knowledge. This knowledge can be skillfully packaged in digital products like Research data, eBooks, printables, or digital downloads. These products can be a great source of earning passive income over time if, once you create them, you make the right efforts to sell them on reputable e-platforms like Etsy or Shopify.

Create a YouTube Channel

If you have the right equipment, skills and talent for creating quality how-to or entertainment videos, you can earn passive income on YouTube. When your YouTube channel has a sizeable number of following, you can then decide to monetize it. This will enable you to earn income from running ads on your videos, from affiliate links advertised on the videos, from sponsorships and merchandise sales through the channel. The only upfront work you really need to make your YouTube channel profitable includes creating and editing videos, and diligently building a sizeable audience. Once your YouTube channel is up and running, the following is sizeable and you are able to consistently post more video content, you can earn passive income from it over the long term.

Wrapping Up

If you are prepared to put in the requisite upfront work needed to earn passive income online, you can earn money from the work you’ve done in the past. You may even need to work less for the passive income to keep coming in. Once you have the right strategies in place, you can earn income in perpetuity through the foregoing passive income tips and tricks.

Step-By-Step Guide to Earn Passive Income with Affiliate Marketing

If you like to promote products/services online, you can become an affiliate marketer and earn good commissions. Once properly set up and you get a hang on affiliate marketing, you can even earn passive income in perpetuity for as long as the affiliate links you are promoting are live online. This depends hugely on the type of content you are promoting, your type of ads, and the type of online channels you are using for your promotions. The following steps can help to guide you to earn a passive income online by way of affiliate marketing.

 

Build a User-Friendly Website
 
If you want to promote affiliate links with your own content, you need to build a user-friendly website first. If you build your own website, it gives you more and better control over the design, functionality and content on the website. This makes it easier to customize the site to fit the content you are creating and to give your readers a unique user experience. For income earning purposes, you can monetize and optimize the site for that purpose. You’ll have the liberty to add additional features, such as product reviews and comparison charts, to make it easier for consumers to find the right products through the site.

Identify Popular Categories

Do diligent research to identify popular categories that are related to your website/blog. Since a business website/blog must have a niche it is known for, identifying these popular categories will help your content to fit your niche. You can then focus on and effectively promote products/services in these categories to attract more buyers. Every smart marketer usually sells what is selling well in his niche market. Once buyers identify your marketing with a particular niche/category, they keep coming back to your website when they need products in that niche/category. That is quite helpful for your passive income earning.

Analyze Market Trends

Take some quality time to analyze current market trends. That’s the best way to identify products that are popular with consumers. Affiliate marketers make money only when they make sales. It is products that sell well they can rely on to make good sales and consequently earn good commissions. In your analysis of market trends, you can easily identify products that have high sales volumes and good review ratings. These are about the best indicators that a product is in demand. Seasonally, some products really sell well too. Analyzing trends will also help to identify such products. So, if you look at seasonal trends, you can determine which products are likely to see increased sales during specific times of the year. Targeting such periods with increased promotion of such products can help increase sales.

Select Appropriate Products

If you want to succeed in online marketing, it best to select products that are appropriate and suitable for your website/blog. Products that sell well too! Be sure the products you choose are aligned with your content, niche and the interests of your audience. The price point of the products you select is also an important factor to consider. Reason is because higher priced products typically offer higher commission rates. But, if lower priced products can be sold in large volumes, the volume of sales can make up for the lower pricing. You can therefore make your products choices factoring in volume of sales and increased commissions earning as your guide. 

Market on Social Media Platforms

With presently over 4.5 billion active-users worldwide, social media is one huge market out there affiliate marketers actively make money from. Having an account on popular social media platforms like Facebook, Twitter, LinkedIn, Pinterest, Instagram and the likes is great for affiliate marketing. Some of these platforms even have in-house marketing tools affiliate marketers can always take advantage of. You can promote products even for free on some of the platforms. Marketing on social media is therefore really ideal for affiliates who want to quickly reach a large audience. On social media platforms, you can post product links and images directly to your followers. The platforms are structured in such a way that you can also use social media ads to target specific audiences and maximize your reach. Doing this consistently engenders good marketing returns for your business. However, you must be sure you understand the community rules of each platform and comply with them to have seamless marketing benefits from the platforms.

Wrapping up

Affiliate marketing is one of the most popular ways among digital marketers to monetize a website. If properly set up, the income from affiliate marketing can be earned in perpetuity as passive income. If you diligently follow the steps outlined above, you can become a successful affiliate marketer and earn passive income over a prolonged period for your efforts. However, besides affiliate marketing, the more the income streams you consider when monetizing your website, the more passive income you are capable of earning from the website.

Top Tips to Monetize Your Website

As technology changes, so is the use of the internet particularly as it relates to websites. Making money on the internet is presently a given if you know what you are doing. These days, enterprising marketers can take advantage of internet technology to create websites/blogs, monetize them and make money on the internet. If you monetize your website/blog, it becomes a very valuable digital asset. It can help increase your earnings and boost your revenues. You can build residual income through it as well.

Below are top tips that can help you to profitably monetize your website.

Affiliate Marketing

Affiliate marketing is simply a products/services promotion and commissions earning business. You can promote affiliate products/services out of your website and consistently write product reviews as a way of monetizing your website/blog. You must first be sure your website/blog has a large audience of readers to attract good traffic. When readers use the affiliate links on your content to purchase products/services from product merchants you’re affiliated with, you earn commissions from the sales. This way, you consistently earn some money without doing any more serious work except just posting an affiliate link on your website/blog to attract good traffic. You can directly generate consistent passive income this way.

Running E-Courses and Lessons

If you have some special knowledge and skills, you can create e-courses and lessons to sell out of your website. Doing so is one great way to earn passive income through your website. If you have a specialization or something useful that you want to impart to your readers, publishing it as a lesson or an entire course could generate good income. You make money when your readers pay subscription fees to receive these lessons. If your lessons are in pre-recorded videos, people can buy the privileges to access them whenever they want.

Google Ad Exchanges

Ads exchanges are relatively new technologies to monetize websites. Websites and apps can actually partner with Google’s Authorized Buyer program to sell ads because the program has a large ads inventory to exchange. Websites can thus use this exchange to connect with buyers from Google Ads and other marketplaces easily. A very large market place indeed! Through the exchanges, publishers can indeed sell their ad inventory directly to buyers. This gives them much more control over their ad spaces. These exchanges usually engender a stronger competition for ad inventory. Doing so directly results in increased income per ad unit sold. You can therefore earn a tidy income from ads exchanges.

Content Sponsorship

You can also use content sponsorship to effectively monetize your work thereby creating multiple channels of earnings. You can publish sponsored posts on social media, pitch sponsored videos series and collaborate with established outside brands to deepen your online presence. Content sponsorship allows businesses, individual product merchants and brands to partner with any content creator by using sponsored content as part of their marketing strategy. If this happens, exactly what do content sponsors benefit? They directly benefit from more exposure and a better-qualified audience. That potentially guarantees more earnings and increased revenue for sponsors and publishers.

 
Subscription Programs

You can earn money from your website by adding a subscription program to the site. You can deliberately create a paid-for section on your website with a specific theme and add value to it to make it worthwhile for your readers. Through this section on your website, you will be able to charge readers who want to have access to specific content on the membership section of your website. That way, you can generate some tidy income from your website if your content is of high value and impactful. This section allows the content creator/website owner to sidetrack or even eliminate the need for additional advertising or marketing campaigns because there is some assurance that incentivized readers will be coming back on their own volition to access the content they have subscribed to.

Pay-Per-Click, PPC Ads
 
Presently, Google AdSense appears to be the most popular and reliable tool for pay-per-click (PPC) advertising. This is how it works. When a reader clicks on an ad banner on a website, a website owner that uses a PPC model of online advertising receives an income. That is income that is paid per click. The more of such ads banners on your website, the higher the chances of getting more clicks and earning more income. This process is further enhanced if your audience is large and your traffic is high. You can scale up the process if you have many websites where you can run the same Google AdSense code on.

Wrapping Up

You cannot successfully monetize your website without hard work, dedication and strategic knowledge. That is where the foregoing top tips come in very handy. If you know what you are doing and with the right approach, you can create a high value content on your website that will attract readers and even brand sponsors. That is what sets your website on the right track for monetization. Once the monetization processes are properly set up, you can earn income from your website in perpetuity. That is another term reference for the highly valuable passive income.

Highs and Lows of E-Commerce Affiliate Marketing

Affiliate marketing programs are always very handy to promote e-commerce businesses. Technically, affiliate marketing is a unique advertising model wherein independent marketers, also known as affiliates, earn a fixed commission every time someone makes a purchase using a unique link attached to the affiliate’s recommendation. It has become a lucrative business for content writers, bloggers, e-commerce store owners, advertising professionals and influencers, many of who earn passive income from the business as affiliates. Yes, affiliate marketing may be a very simple business model that is performance-based but it has its highs and lows as well as benefits and drawbacks.

Here are some Highs and Lows of e-commerce affiliate marketing you must passionately take into account if you want do well in the business.

Highs of E-Commerce Affiliate Marketing

Low Cost to Start and Minimal Investment to Operate

One of the major attractions of affiliate marketing is the considerable low cost involved in starting and running the business. Affiliate marketers are spared the huge costs of paying overhead expenses like rent and utilities as well as operating expenses, such as labor costs and machinery/equipment costs. They only need minimal costs to set up their affiliate websites and keep it running. It simply requires very low investment to get a stable internet connection, website hosting and domain, and subscription. This applies only to affiliate marketers who choose to have their own websites. Others who don’t want their own websites can simply join a reputable affiliate marketing program like Strong Future International, SFI for FREE and they’re in business using the free website allocated to them by the host affiliate SFI program.

Flexible and Convenient to Operate

Every business always aims to get more business, increase sales and profits. Affiliate marketing business is no exception. Affiliate marketers can directly increase sales on the products they are marketing by running multiple campaigns on various websites to promote their affiliate links. By doing this, they can always optimize the links that are performing well and discard those performing below par. That requires a lot of flexibility. That is why they can easily promote various products within a niche or even in related niches and without any limitations to any specific affiliate marketing program. The icing on the cake is that affiliate marketers can choose to work remotely, anywhere they like and at their own convenience to consistently promote products and earn good commissions. For so long as they have unlimited access to a laptop/smartphone and internet connectivity, they can work from home or anywhere else in the world. That’s ultimate business flexibility no doubt.

A Convenient Additional Income Stream

For people needing a side hustle or to simply explore a second income opportunity, affiliate marketing is it. Having more than one income stream has become a very smart survival strategy in today’s uncertain times. Affiliate marketing cannot stand in the way of your 9-5 job if you have one. At your convenience and outside your office hours, you can go online, promote products, source buyers, make sales and earn commissions while drinking coffee on your dining table at home. The more efforts you put into your promotional activities, the more sales you generate. That ultimately helps to enhance your commissions earning capability.

Lows of E-Commerce Affiliate Marketing

No Permanent Customer Base

Every business owner craves a solid and dependable customer base to grow their business, but not so with affiliate marketing business. Affiliates are always in search of customers; all without a guarantee these customers will be loyal customers who can be relied on to always buy using the affiliate links the affiliate marketer is promoting. Because of this, affiliates usually don’t have a permanent customer base. That is why affiliates must as a matter of business survival always strive to improve their marketing tactics. When they do, it helps them to boost website traffic and get more people to click their links. But, because buyers have the option of buying elsewhere including even from physical stores instead of using an affiliate link to make a purchase, the customer base becomes extremely fluid and unreliable.

Requires a Lot of Time, Efforts and Patience

Technically, affiliate marketing is a business model that requires affiliates to be very patient if they want to get good results. To be a successful affiliate marketer therefore, you must be ready to put in a lot of efforts and be prepared to accept that it might take a while before good results start coming in. It takes time, patience and enormous planning and experimentation to try out different strategies and tactics to know which ones work best for the type of products you are promoting. This allows you to fine tune your marketing techniques to know which are best to use to enable you to earn more commissions.

Affiliate Programs are Outside Your Control

You may be having a successful affiliate marketing business of your own but the affiliate program you work with largely controls the business. Reputable affiliate programs like Strong Future International, SFI simply require that affiliates join their programs FREE and start promoting products right away. Affiliates mainly promote products at their own pace while other business services like product handling, commission assessment and payment and customer care are handled and controlled by the affiliate program. If you sign up for SFI affiliate program as an affiliate, you’re expected to abide by all the rules of the program. Affiliates are therefore not very much in control of the business outside their promotional activities which are even regulated by the affiliate program. It is only the affiliate program that can decide on and implement changes in the program. These changes include how commissions are paid, percentages of commissions, and the frequency of commission payment and so on.

Last Line

If your affiliate marketing business gets off the ground, the commission can become a reliable second income stream. You can even have a dependable passive income from it in the long term. That is inspite of the foregoing lows of the business. If you are involved in affiliate marketing right now, instead of allowing the lows to slow you down, you can always find your way around them and allow the highs to keep you going. That is the way of successful affiliate marketing business.

5 Ways to Earn Passive Income Online

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.

5 Reasons to Become an Affiliate Marketer

 

Affiliate marketing enables online marketers with a great option to earn income hassles free in the main. So, if you want to earn some extra income online, affiliate marketing is your best bet.  All you really need to do so is a fair bit of online clout or skills to persuade/influence lots of people online. Now that is fair marketing game isn’t it? If you are capable of helping product merchants to promote their products and they make sales, pronto you are in affiliate marketing. For your efforts, product merchants compensate you by paying you commissions.  For good measure, an affiliate or a publisher can be an individual, a group of people, or a company that markets the product/service of a product merchant to prospective customers. All the affiliate really needs to do is simply to put measures in place on his website or blog, to persuade and influence the decision-making process of the consumers. Once these efforts play a direct role to get a consumer to take a desired action, the affiliate is entitled to a commission. This is enough reason to get involved in affiliate marketing with a view to making quick money online. However, there are other reasons, the most enticing of which include:

1. Cost-Effectiveness: Affiliate marketing is a simple business model anyone can get involved in who has a bit of computer and internet skills. It requires little or no investment at all to get started. This translates into an ease of starting up and to move in real quick. Next is to generate content, attract and direct traffic and to promote products vigorously and very widely and you start getting results even without any prohibitive costs layout. Cheap and easy that is.

2. Performance-Based Rewards: Compensation in affiliate marketing is direct, straight forward and solely based on your performance. The more you promote and help sell, the more commissions you earn. Meaning, you get paid directly only for the work that you do and have done. In affiliate marketing, everything is fluid and action dependent. The more efforts you put into your promotion, the more you get out in terms of revenue. Simple!

3. Handy SEO and Digital Marketing Skills: If over time you’ve managed to acquire some computer and internet skills, they come in very handy in affiliate marketing. Every online marketer craves traffic. Out of this traffic, organic traffic is the best and favorite of search engines. That requires some SEO skills. If properly and systematically done, SEO helps in ensuring a steady flow of organic traffic from search engines. When internet users search online for products using the right keywords, search engines direct them to where they can access products. Such searchers become the organic traffic to such websites. For this reason, affiliate marketing can directly benefit from a good understanding of SEO basics and how it works to help generate organic traffic. 

4. Good Source of Passive Income: By setting up easy click through affiliate links on your website/blog and you write good content often enough, the traffic keeps coming and your affiliate links help to direct these visitors to products/services. When set up, this process is live 24/7 and does not require further direct attention from the affiliate. Passive income generation becomes a given from such arrangement. As an affiliate, all you really need is a fixed investment in terms of your time. That helps to generate continuous results over a prolonged period of time. This is a desirable source of passive income.

5. Convenient and Highly Flexible: Every business owner craves freedom particularly time freedom. The flexibility in affiliate marketing guarantees that. Affiliate marketing grants you the freedom and independence to set your goals and to promote as convenient for you. You have the freedom to choose for marketing only products that interest you. In addition, you can even fix your work schedule as you want. By doing these, you can focus on diversifying your portfolio as you want and as convenient for you. Now, that is much cherished freedom which every business owner craves.

Dependable Online Passive Income Avenues

Passive income is income you earn even without making any additional efforts. It is about the most convenient income avenue even amidst restrictions as occasioned by the current covid-19 pandemic worldwide. Most online passive income avenues require at least some initial investment if not regular management in order to be truly successful. The following are proven online passive income avenues you can earn good revenue from even within restrictions of the pandemic.

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. 

How to Generate Passive Income from Your Blog

If you want your blog to generate passive income for you, you must treat it as a real business. That is, you must explore all available avenues to make your blogging activities to be real passive-income-generating. To make blogging a lucrative passive-income-generating business, you must be actively and professionally involved in blogging. One of the most beautiful things about blogging is that you can blog just about any subject under the sun. If you are a professional or really knowledgeable about any industry, you can blog about it. All that you really require to set up a blog is the basic knowledge about any industry or profession. Then, you can start writing and creating content about the things you already know and do. This is the content that can generate income for you in perpetuity for as long as it is informative, educational and entertaining enough to bring readers to your blog. That is passive income.



Here are some very helpful tips to help you generate passive income from your blog.

Create Only Content that Solves Peoples’ Problems

Yeah, that’s exactly what people want to read. If the content does not solve people’s problems, don’t even bother with it. Even though there are no strictly defined rules set out on what must be created and published on any blog, what matters is what people want to read because it helps them to solve problems. The right to decide what to publish on your blog is all yours as a blogger but, if you want to be relevant in any industry, you must publish only content that solves your readers’ problems. Everyday 24/7, people are out there on the internet seeking for solutions to different types of worries. If your blog provides relevant answers, then it will attract inbound traffic and ultimately income.

Create Money-Making Blog Posts

As experienced bloggers like to tell us, not all blog posts have the power to generate income. Generally, only problem-solving posts can be easily monetized, even though there are some types of posts crafted only for the money involved. These include direct product promos, product reviews, sponsored contents, sales pitches, products endorsements, etc. etc.

Treat Your Blog as a Real Business

To do this, just like in any other business, you must prepare yourself, train for it and acquire the requisite blogging tools for your blogging business. The tools you really need here are computer equipment, a website, web hosting, plugins, templates and such like blogging tools. Next is to acquire real training online/offline, reading books on blogging and by connecting and relating with fellow like-minded content creators. Next is to commence your blogging activities and you learn on the job while devoting quality time to your blogging activities. Finally, when your blog gets under way, you must take concrete steps to promote it real good. These are the things that help it to bring in traffic and ultimately income.

Link Your Blog to Affiliate Marketing

Affiliate marketing is one very easy and popular way to monetize your blog. It is one great way to generate passive income from blogging. When you link your blog to affiliate marketing, all you are required to do from your blog site is to use the blog to promote products owned by product merchants. That way, you get paid commissions by the merchants on sales generated directly by your promotional efforts. There are many variants of affiliate marketing depending on the type or products being marketed and the mode of commission payment. Some variants pay one-off commissions while others pay recurring commissions as you generate sales.

Promote Your Blog Effectively

Just like any other business, you must take deliberate steps to promote your blog effectively. If you can’t tell people you are out there with something good for them, many will hardly notice you. Thus, promoting your blog effectively simply means making it easily available to people who need your content. What every blog needs is readership traffic. Whatsoever you can do to bring in this traffic is good for your blog. You may choose to share any content you publish very widely on social media or you make some little payments here and there to have it well advertised. Getting traffic to it is what really counts and that’s what brings in the money. To promote your blog through search engines, you just have to be good in SEO techniques. These techniques help to drive organic traffic to your blog through the activities of search engines. That is traffic from people who are online searching for the type of content you’ve published. One very good reason you must purposely publish content that is search-engine-friendly.



Monetize Your Blog Diversely

Once you get a good and popular blog going, you can monetize it in several ways. Some of such ways are:

Google Adsense: Where Google runs ads on your blog and you get paid as a publisher.

Affiliate marketing Ads: Where you get paid commissions for products sales directly related to your promotional efforts.

Direct Ads: Where companies or individual businesses run banner ads on your blog site and they pay you for the ads space.

Polls/Researches: Where polls are run on your blog and you get paid for participating. etc, etc.

Build a Credible Email List from Your Blog

An email list is one very valuable asset every online marketer really needs. You can always build a credible one from your blog site. You can build this list by getting your blog readers to submit their email addresses to an email list you can procure for your site from an Email Service Provider, ESP such as MailChimp. Once in place on your blog, by offering some freebies like eBooks or Coupons as incentives, you can get your blog readers to leave their emails behind to deliver the incentives to them. That way, you can with time build up a very credible email list which you’ll depend on for your email marketing activities, promotions, special offers, special announcements, new products in the market, new blog post alerts, etc. etc.

Effectively Market Your Services

Well, as they say in business, if you know something, you can sell something. Once you have your blog running and people are reading it, apart from earning through affiliate marketing, sponsored posts and advertising, some of your readers may be interested in paying you for your blogging expertise. You may choose to earn as a consultant using direct coaching and webinars or you can package and sell your knowledge/expertise by way of eBooks or full-blown video courses. Both of these ways can help your blog to attract very significant sales and income.

Proven Benefits and Drawbacks of Affiliate Marketing

You don’t have to own a product to be in affiliate marketing. Just help to market it, that’s all and you get paid commissions for your efforts. You don’t even have to search for great ideas as most entrepreneurs do to help create a best-selling product. As an affiliate marketer, your major duty is to find or create an audience of buyers and you are in business. With that audience in place, what affiliate marketing requires is that you can simply choose an existing product that you have confidence in and you are passionate about to market. That sounds so simple and easy but there are clear benefits and drawbacks which most affiliate marketers get to experience. Here are some of them.

Proven Benefits

You don’t have to create a new product/service to be in affiliate marketing.

You don’t even need to have a product/service of your own. All you need do is to help others market their products/services.

It involves very low or even free start-up costs.

Most referral programs are free of expenses except those related to the referral/marketing methods. Your choice of marketing methods can even keep such expenses at the barest minimum.

It is easy to combine affiliate marketing business with any other online activity like blogging and social media influencing and you make more money.

It is an ideal business for everyone who wants to work independently and even at home.

Provided it has internet connection, you can work from any location you want.

Affiliate marketing is a very good business with a great potential to earn passive income in perpetuity.

You can work at your own pace and your own time and what you earn depends on how you are selling the products/services you have chosen to market.

There is no limit to what you can earn.


 
Expected Drawbacks

The competition in affiliate marketing is characteristically very high. It is a very simple online business for everyone so typically, a huge number of people get involved.

Generating the required amount of traffic to your website most times poses a very huge challenge for affiliate marketers. For some, it may take quite a bit of time to get the required traffic and for others not at all. Without traffic, your marketing efforts flounder.

Affiliate marketers have no control over the product/service they are marketing.

They have no idea how their affiliate partners run their businesses.

They do business with affiliate partners on trust and how the commissions they earn are computed and determined they don’t know.

Finding the right, reliable and honest affiliate program is at times hugely challenging.

You have no way of knowing who made a purchase and in what quantity. A dishonest affiliate partner can systematically reap you off with that alone.

The buyer deals directly with the seller and it is only the seller who knows the buyer even if the affiliate marketer made the connection.

You can easily destroy your credibility when you make bad affiliate referrals.

If you fail or neglect to choose honest affiliate partners for cooperation, your business can suffer for it.

Conclusion

No matter the drawbacks, affiliate marketing is one great online business worth working on no matter your experience and background. When properly set up and with good affiliate partners, you can earn unlimited passive income in perpetuity for as long as the products you are marketing are in demand.

Affiliate Marketing Tips to Earn a Passive Income Online

With billions of active internet users around the world, the internet is one huge place affiliate marketing presently thrives. I hardly know of any marketer presently who doesn’t like the idea of earning a passive income and most like to do so by way of affiliate marketing. That is the main reason for the increasing popularity of affiliate marketing. Point to note! To earn a passive income through affiliate marketing, you must explore ways to get buyers to buy a product without which you cannot earn any income as commission. The commonest way to get these buyers is to lure people to click the affiliate links embedded in your website and make a purchase. Sounds easy? Not quite! That is where your marketing expertise is really tested and many affiliate marketers really struggle with it with limited results. Here are some tips that can help out to get better results.

Decide Your Business Niche
 
Marketing experts always advise that you must choose the business niche you are passionate about. That together with the demand for the product you are marketing hugely determines how much passive income you can make from your marketing efforts. The reason you must decide on a niche you are passionate about is that it is the only niche you are likely to promote with unlimited enthusiasm because of the passion you have for it. If for instance you are passionate about sports, you can settle for sportswear or sports equipment as your niche business. The key is to make sure your passion product is profitable and there is enough demand for the product. That’s about the only way you can get to make passive income from marketing such product. 


 
Get a Functional Website

Your personal website acts like a front office where you display your products for sale. A functional website is the type that attracts visitors easily, well hosted, easy to navigate and sufficiently user-friendly to keep visitors engaged to do business with you. That is where customers and potentials customers know is the place they can find you. That is the place they will keep returning to with a view to doing business with you. A functional website is a prerequisite for earning passive income online in perpetuity.

Write Content Relating to Your Business Niche

That’s exactly what attracts readers who have common interest in your business niche. Be abreast with what your competitors are up to then craft blog posts to address similar concerns. Once your blog posts manage to address common concerns of your business niche and target market, they attract interested readers with similar concerns and worries. Such posts help you to address what your reading audience is interested in and what they are searching for online. Arresting their interest leads to arresting their patronage which benefits your business interest and passive income.

Embed Affiliate Links in Your Content

Affiliate links are designed to direct web visitors to affiliate products where ever they are on the web. Embedding affiliate links in your content is done with a view to leading your content readers by way of a click on the link to your products. This is very critical because you want readers to click on such links and make a purchase. When that happens, you earn a commission which you can earn in perpetuity as passive income for as long as your content readers keep clicking on such links and making purchases. You can directly invite your content readers to check out any of your links to find a great product or you recommend the product to them by endorsing it and stating clearly what problems it is designed to solve and it actually solves.

Grow an Audience

Your online audience contains your customers and potential customers. The bigger the audience, the better for your business! Growing an audience takes a bit of time but it is worth the while. If you have your website in place and you are regularly populating it with good content, that is the time to start building an audience. You grow an audience by promoting your content intensely through social media platforms, newsletters, emails, flyers and even by direct ads. This is how you get to arouse the interest of the audience for further action. Offering giveaways, gift coupons and freebies to your readers also helps to get attention and interest. Only an interested audience brings consistent traffic and consequently valuable leads and consistent sales. That on the long run translates to passive income.

Use Paid Ads

Growing a formidable audience involves all kinds of gimmicks. Getting people’s attention and moving them to take action is all that is important. For that reason, some affiliate marketers even go as far as tapping into the power of paid media ads to reach out to more people and get leads. Paid media has been found to be very effective in amplifying your marketing message. When you are running an ad, your objective is to create content that appeals to your buyers’ persona. It helps to reach out to the core segments of your target audience with a view to getting them to act appropriately. Cheap and or free ads run on social media as well as Google ads come in very handy here and they help to generate passive income over a prolonged period.

Write Product Reviews

Online marketing experts have determined that one of the best ways to get people to click the links in your content is to write product reviews. A very significant percentage of consumers which according to some experts is up to 70% rely on product reviews before they make a purchase decision. If such reviews are thorough, insightful and positive enough, consumers are more likely to take action. A good review must include the real benefits of the product, its features, how it can solve problems for consumers and its merits and demerits. Good reviews helping to attract good traffic also help passive income a great deal.

Write Product Comparison Posts

Online marketing experience has shown that not all the posts on your website must as of necessity be product reviews. You get better results by adding product comparison posts as well. Most consumers always want to know how your own product stands out and is different from that of your competitors. They need such vital information for their buying decisions. It is your duty to make it available to them by making credible, dispassionate and honest products comparison for their benefit. To appear very credible, instead of reviewing just one product, you can always review a range of products. That helps to provide a wider range of information helping the consumers to make their buying decisions. Passive income earnings become possible from such review efforts.