This can be a little easier said than done, but if you have a large social media following, you can definitely earn money promoting a product or advertising for a company. You can even combine this with different marketing campaigns if you are an influencer and have your own blog (advertisement + affiliate income). This is how many bloggers make money! Again, it is not 100% passive but once set up correctly and then scaled, can be surprisingly lucrative.
At this point, you probably already know what Facebook is and what it does. What you might not know? It has a training and certification program. Facebook Blueprint offers self-paced and live e-learning courses for marketers seeking to grow their organizations using Facebook. Blueprint offers classes in different languages on how to use Facebook and Instagram -- here's a peek at the course catalog.
Clickfunnel has a great affiliate program that pays anything from $30 to $500 per sale and one of the great features of it is the fact that it pays lifetime commissions. This means that you will earn commissions on every customer you refer as long as they are a Clickfunnels customer and buy their products. For example, if one of your customers that you referred a year ago bought a new program today, you’ll still earn a commission from that sale. Lifetime commissions are a great way to build a passive income source.
How established is your site/blog/social media following?  Do you already have an audience of 1 million or are you just getting started?  Early on in your affiliate marketing journey you will probably want to have multiple options to make sure you can cover a broad field. You might want to become an Amazon Associate as well as joining one of the networks so you will have a product link to drop into any posts you do.  An easy place to start is to promote the services you are using if you are enjoying their product - web hosting or email management systems like Aweber.

In addition to an extra income stream, residual income allows you to diversify your revenue sources. Instead of relying on your standard paycheck, you’re earning money through the royalties of an eBook or the sales of an online course. Diversity of income gives your overall financial portfolio more security and depth. Similar to passive income, residual income gives you more financial stability, flexibility with your lifestyle, additional retirement savings, and a more robust financial standing.


Sugardaddie is also exactly what the name suggests. The site focuses on millionaires, sugar daddies and the women that would want to date them. There is a strong emphasis on relationships that benefit both parties. The site offers few specifics but the implication is that they pair attractive women with rich men. How well this works in practice isn’t clear but the site (and the underlying concept) seems to be popular.
Income School LLC is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Income School LLC also participates in affiliate programs with Bluehost, Clickbank, CJ, ShareASale, and other sites. Income School LLC is compensated for referring traffic and business to these companies.

How to Earn a Residual Income. Most think of income as wages earned for a day's work, but residual income is different because it continues to pay out long after the initial effort of earning it has passed. This can be appealing because some no longer want to work but desire income, and others would like to free up time so they can seek other ways of earning income. Either way, residual income is attractive.
Investigate each company you're considering. Putting your money into a company's stock is essentially an investment in that company's wellbeing. If the company is poorly managed, or if their products/services are declining and the company is sliding towards bankruptcy, you'd do well to avoid that company. That's where doing your research comes in.[18]

A key concern of online content creators is: how can I make money from the work I produce? There are many answers to that question, and while there are no right or wrong ones, per se, affiliate marketing programs are a respectable option; they are efficient at generating results, for both creators and brands, and are easy to get started with. When it comes to monetizing your efforts then, whether that’s video content, a website, a blog, or a social media channel, some of the biggest brands out there will pay a commission for every customer you refer to them.
Earning affiliate income is one thing, but receiving the money in any country in the world you’re in, is another. A lot of people find it more difficult to receive money from low or high paying affiliate programs or networks than to literally make the money. This is why so many affiliates worldwide have thousands of dollars stuck in many affiliate programs that they can’t get their money out of.
Earn residual income through referring consumers to an established product or service. Use your site to advertise to the company or companies you are interested in providing referrals for. Referral efforts can be coupled with informative e-books, seminars, or articles about the product or service. Build your newsletter lists in the same manner, the difference being that you are directing consumers to a third-party business.
It’s not just the little guys like me who are being squeezed by the constant updates. Even YouTube’s top creators have expressed frustration with changes to the YouTube monetization platform. It’s constantly changing and evolving, so you must be willing to adapt. Plus, it helps having a blog so you’re not relying on a single platform or your income.
Just starting to educate myself and do the research to determine if this whole “selling on Amazon” thing is something I would want to pursue, so I’m as new and green as they come!! I have learned a tremendous amount already from reading your blogs and watching some of the videos and I just have to decide if purchasing the JS tools is the best route for me.
We will NOT be held responsible for any search engine penalties your website may receive if you don’t follow search engine’s guidelines, including (but not limited) to spammy comments, heavy and spammy linking from guest posts, spammy guest blogging, publishing poor quality content with a sole intent to gain backlinks, buying or exchanging backlinks, etc.
If you have a spare bedroom, you can find a roommate or list the space on AirBnB for travelers. Having a roommate is the more passive of the two, as being an Airbnb host will require more work in the form of turning over the room between stays. This is a super painless way to earn $500 to $1,000 a month without much effort – you may even be able to cover your mortgage payment with this extra income!
This step isn’t strictly necessary, but spending some time freelancing can advance your skills considerably. When you’re trying to help another company or person do what you’ve done on your own, it’ll expose areas that you aren’t as familiar with, and can help you round out your understanding of the skill. And if you’re able to find someone you can freelance for who’s more skilled than you are, they can point out areas for you to improve that you might have missed on your own.

Though it can take a while to build up enough cash to put a 20% down payment on an investment property (the typical lender minimum), they can snowball fairly quickly. The key here is to correctly project income and expenses in order to calculate cash flow (the free cash you can put in your pocket after all associated property expenses have been paid). However you have to be sure to include the cost of a property manager in your calculations unless you want to manage the property yourself. Even with a property manager, you may be required to make large repair decisions every now and then – so while this is not a 100% passive activity, you are not directly trading your time for money like traditional employment.
How to monetize the site: Monetization on a site like this is somewhat tougher.  The problem is that the VAST majority of people who go to a tiny homes website are just lurkers.  They are just fascinated by the idea but will never ACTUALLY build a tiny home.  Thus, they’ll never buy an online course showing them how to build their tiny home, or use your Amazon affiliate links to buy products for their tiny home.  Realistically, the best monetization strategy for this website is ads.  Ad revenue is very small for sites with under 30k pageviews/month so your first year will likely be pretty dry.  HOWEVER, ad revenue builds up quickly when you can get to a private media seller like Adthrive (requires 80k pageviews/month) or MediaVine (requires 30k pageviews/month).  Ad revenue is very consistent and passive, so it could be a very nice site.
When most people think of investing opportunities, they think of stocks, bonds, and precious metals. While these are still some of the most common ways to invest, the platforms have evolved, and there are more options than ever. Gone are the days of mountains of paperwork, high brokerage fees and unattainable account minimums. Now you can invest on your own terms.
If you’re looking for a free training program specifically around the business of internet marketing, look no further than Alison. This program teaches the basics of successful internet marketing techniques, used by today’s most powerful businesses. You’ll gain insight into building a cohesive marketing strategy in order to reach your customers, and how to measure your program’s effectiveness.
I know this from experience. Three years ago I was a struggling affiliate marketer, bouncing from offer to offer (playing a game of what I call “affiliate pinball”). Today I make a full-time income from diverse passive income streams: sales of affiliate products, sales of my own products, and Adsense revenue (my Adsense revenue alone topped $2,000 last month). And it’s all because I focus on serving the needs of a niche audience.
Wix is a visual website builder, with a hosting component. The builder mostly works through drag and drop, allowing people to create websites without any technical background or knowledge. The tool provides more freedom and flexibility than a WordPress-based site. There is also a free version of Wix. This gives members the ability to try out the tool without stress.
Loved your article. Any advice on connecting to Niche Sellers? We are a small company (compared to Amazon, et al) that offers third party fulfillment. Our approach is much different than the big guys, we keep costs low, have great negotiated shipping rates and tailor our business to our customers’ needs. We don’t dictate to the seller how to do their business as the Big Guys do.
The average cost of a major kitchen renovation is over $15,000.  Ouch!  Yet, there are SO many ways to make a kitchen look beautiful for just a few hundred dollars.  It’s actually something I’m doing right now in my own kitchen.  I bought decorative posts for the island, I’m putting brick facade on front of the island, changing the backsplash, putting wooden decorative feet under the cabinets, putting in decorative corbels under the cabinets, adding under-cabinet lighting, and painting the cabinets.  All of these things can be done for under $150 per project.  A website just about inspiration for kitchen upgrades could be fantastic!

- Marketing is a fundamental part of every business, and in today's market it moves fast. It seems every day there's a new tool, a new tactic, and a new report in regards to marketing. In this course, I'm going to guide you through the hyperactive and accelerated marketing landscape. I'll walk you through the ins and outs of building a digital strategy and driving awareness to your business. This includes everything from evaluating your website to looking at the future of online marketing. Hi, I'm Brad Batesole, and I've been in the world of marketing for over 15 years.
Lending Club is a platform where you can lend your money to other people. You’re the bank. Each note is only $25, so you can invest $1,000 and lend money to 40 people. There are many grades of loan (from safest to riskiest) and investors earn, on average, between 5% and 7% annualized returns. For more information, check out Investing and Making Money with Lending Club Peer-to-Peer Lending and my real money Lending Club Portfolio.
You’ll get structured courses compiled by industry experts, live webinar events, supplementary learning materials, web-based tests and quizzes and an interactive student forum. Provided you do the work, you’ll graduate with a certificate recognized as an exam preparatory for the Online Marketing Certified Professional (OMCP) industry qualification.

One of the most appealing options, particularly for millennials, would be #12 on your list (create a Blog/Youtube channel). The videos can be about anything that interests you, from your daily makeup routine (with affiliate links to the products you use), recipes (what you eat each day) or as you mention, instructional videos (again with affiliate links to the products you use). Once you gain a large following and viewership, you can earn via Adsense on YouTube.
A superb list of high ticket affiliate programs. As you say how is it possible to generate any kind of meaningful income if you are promoting just one-time products for small commissions. A good tip for newbie affiliates is to ask themselves what level of income do they want to make at the end of the month . If you want to make an income that is even approaching a level where you can ditch your day job, you will need to have high ticket commissions and recurring income as part of the strategy.
I think this is a KILLER niche because site visitors will have just spend tens of thousands of dollars on a truck, so a couple hundred on accessories won’t feel like a big deal.  Also, MOST of the products in this niche would likely be in the $100 to $300 range, which I find is the sweet spot for niche sites.  More expensive and people research it for weeks before buying (and consequently your affiliate link expires before purchase), or too inexpensive and the commission is simply too small without massive volume.
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How established is your site/blog/social media following?  Do you already have an audience of 1 million or are you just getting started?  Early on in your affiliate marketing journey you will probably want to have multiple options to make sure you can cover a broad field. You might want to become an Amazon Associate as well as joining one of the networks so you will have a product link to drop into any posts you do.  An easy place to start is to promote the services you are using if you are enjoying their product - web hosting or email management systems like Aweber.

We certainly can’t promise that your idea will succeed.  Your success will depend on your effort and skill.  But having built MANY successful niche sites, and earning a full-time income online for the last 5 years, I have enough experience to tell you things at the start of your journey that can save you thousands of hours and missed opportunities later on.


If you’re into fly fishing, or you think you might want to learn about fly fishing to start getting into it, fly tying could be a great sub-niche.  You might think fishing is a very small niche, but did you know that more people will go fishing this year than play tennis or baseball combined?  It’s a huge topic and fly tying doesn’t look to be too competitive.  As fly tying requires a lot of different items that people could purchase online.
Your money is either in charge of you or you’re in charge of it, there’s no middle ground. Using some type of personal finance software can help alleviate some of that money stress and better allow you to manage your money effectively. Without it, you may just be setting yourself up for constant financial worry. Life is already tough enough and there’s no need to make it more difficult by simply hoping your money issues will all work out in your favor. Hint: they won’t.

However, this comes back to the old discussion of pain versus pleasure. We will always do more to avoid pain than we will to gain pleasure. When our backs are against the wall, we act. When they're not, we relax. The truth is that the pain-versus-pleasure paradigm only operates in the short term. We'll only avoid pain in the here and now. Often not in the long term.
Have you ever wondered what it means to use social media effectively and ethically? This free course on “Social Media Ethics” provides the framework for social networking and engaging in ethical conversations online for all professionals and employees. Touching on local, State, and Federal laws, it takes the guessing game out of what is and is not legal on social media for employees of businesses.
​Udemy is an online platform that lets its user take video courses on a wide array of subjects. Instead of being a consumer on Udemy you can instead be a producer, create your own video course, and allow users to purchase it. This is a fantastic option if you are highly knowledgeable in a specific subject matter. This can also be a great way to turn traditional tutoring into a passive income stream! 

Jetradar is a flight metasearch website. Its purpose is to help users find the cheapest airline tickets available for a certain destination and date. Jetradar offers its affiliates 60% to 70% of its profit from every ticket sold via an affiliate link, which amounts to as much as 1.6% of the ticket price. You can use pre-made text links, banners, search forms, API and White Label for promotion purposes.
Look for products in niches that have a gravity score of 20 or more. Write these down (note: Clickbank’s gravity score is a great measure of profitability because it tells you how many times a product was sold by an affiliate within the last week. For example, a score of 120 means 120 affiliates sold at least one item of the product in the last week).

Wrike emphasizes online project management. Their system provides team members the ability to collaborate and plan using cloud-based approaches. The style can be a powerful way to get teams working effectively over large geographical distances. Wrike also presents itself well, making the service seem reliable and appealing right from the very beginning.
Build a list in a particular niche and tell them stories. Create a bond. Build a relationship with them. It's important. Then, when you've created a bit of culture, start marketing affiliate products or services to them that you think they might like. Just be sure that you personally vet out whatever it is that you're selling to avoid complaints if the product or service falls short.
Although there are a lot of social marketing channels, you need to focus on the top six, Facebook, Twitter, Linkedin, Pinterest, Instagram and Google Plus (just because you don’t want Google to hate you!). Initially you should limit yourself to building profile pages, understanding how each network works and what are best practices. Every platform is unique in some way and following guides will be a good start.
Loved your article. Any advice on connecting to Niche Sellers? We are a small company (compared to Amazon, et al) that offers third party fulfillment. Our approach is much different than the big guys, we keep costs low, have great negotiated shipping rates and tailor our business to our customers’ needs. We don’t dictate to the seller how to do their business as the Big Guys do.
Maybe you’re not necessarily interested in a career focusing solely on digital marketing. In fact, you might have plans to start your own business entirely, which has nothing to do with advertising, marketing, or computers. But as any entrepreneur knows in this day and age, a strong online presence is imperative, regardless of the industry you want to launch a business in. Because, digital marketing will be such an important part of your company’s success, learning this invaluable skill can help your own company take off. Alternatively, you’d likely have to hire a digital marketing consultant or agency, which can quickly increase your business expenses.
Bonus: Liquid Web is not just another hosting provider. This company offers a wide range of hosting-related services. For instance, its users can take advantage of full management of their WordPress websites. You can get up to $1,500 per lead generated by a banner ad or a link on your website. Take into account that you must join either the CJ Affiliate or Impact Radius affiliate networks to start working with Liquid Web. 
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