The more residual income you can build, the better off you’ll be. In fact, it’s said that the average millionaire has 7 different streams of income. By creating passive income streams that generate money while you sleep, you’ll build wealth faster and diversify the ways you’re able to make money – which helps protect you from the loss of any one individual income stream.
Google also gives access to a large number of sites to put your ad on; these ads are not keyword based but intent and interest based. For example, you can place an ad for your furniture shop on a blog which writes about ideas on home making and interior decor. Here, you need to learn about ad placements, choosing websites, bidding, writing correct and engaging copies for your ads, designing good ads and designing landing pages.
Oops, my last sentence should have been “in addition to buying your services and courses” not “except”, it was already after 12 at night here yesterday. Yes, checking niches obsessively is something I can relate too as well. I think I got about some hundred domains I bought after researching new topics but then never found the time to build content for them and really make use of them. After renewing them for two or three years in a row I decided to focus on related niches I can build like more related content for and then also throwing in some useful links in between them. 🙂

Shopify, one of the leading e-commerce software, allowing you to sell both online and offline. The best thing about Shopify is their easy payment module, they support nearly 70 payment gateways and is 100% SEO optimised. Using Shopify, you can have fully functional e-commerce sites or just shopping cart to your existing website. With each bill of your referred merchant, you get a good 20% of the total bill.
How to monetize this site: Obviously, this screams affiliate marketing to get a commission from expensive computer equipment.  But this site could also benefit from a video course as well.  You could get all the parts the people need and show them exactly what to buy, then create a video course showing them step-by-step how to put the computer together with exactly those pieces.  Show them on video how the computer performs at that price and how it will perform if you spend a little more money on hardware.

How to monetize this site: I would definitely go the route of the online course.  Make a four month marathon bootcamp.  When people buy your online video training, they get the videos of you showing them how it’s done.  As an email course, you can set this up so they get email reminders when they are on day 20 what their running schedule should be, etc.  You could earn money in a lot of different ways with this site.  It would be excellent for sponsorships, but also Amazon affiliate sales and video courses.  Heck, even an eBook could be really good for this niche.  The door is wide open.

Our favorite platform for this is RealtyMogul because you get the flexibility to invest as little as $1,000, but can also participate in REITs and private placements – typically not offered to the public. Investors can fund real estate loans to gain passive income or buy an equity share in a property for potential appreciation. Their platform is open to both accredited and non-accredited investors.


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.
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.
The flexible, self-paced learning paves the way to various levels of marketing certification accredited by organizations such as The Internet Advertising Bureau (@IABUK) and the Direct Marketing Association (DMA). It’s no longer necessary to spend a fortune and embark on a degree course to fill gaps in your marketing knowledge. The online world brings specific, quality education right to your fingertips in the form of marketing tutorials from recognized institutions with solid track records.  
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. 

There are many benefits to a plugin like this. It can save users time and help them earn more money. After all, good SEO is a key part of being successful online. The program simply costs $9 a month. 50% commission on that mightn’t seem like much. But remember, the plugin is designed to be used long-term. So, you might be earning commissions from some people for a year or more.

While these are great ways to make money online, they’re far from the most lucrative. Making money from Advertisement requires having a lot of traffic to make even $1,000 a month. This is perfectly acceptable by millions of people, but is unfortunately one of the least lucrative ways to make money online because, even 100,000 page views a day may not earn you up to $2,000 in one month, depending on the Ad network you choose to go with.
​Network marketing, or multi-level marketing, seems to be on the rise. Companies such as Young Living Oils, Avon, Pampered Chef, and AdvoCare are all multi-level marketing companies. You can earn passive income through network marketing by building a team underneath you (often referred to as a down line.) Once you have a large team you can earn commissions off of their sales without having to do much.

Greg Johnson is a personal finance and frugal travel expert who leveraged his online business to quit his 9-5 job, spend more time with his family, and travel the world. With his wife Holly, Greg co-owns two websites – Club Thrifty and Travel Blue Book. The couple has also co-authored a book, Zero Down Your Debt: Reclaim Your Income and Build a Life You'll Love. Find him on Instagram, Facebook, and Twitter @ClubThrifty.
Successfully building up their affiliate audience and subscribers allows streamers to become a highly desirable ‘Twitch Partner’. A Twitch Partner receives many perks, including extra emotes, 60 days of past broadcast storage, dedicated financial support and the ability for fans to subscribe to their channels. Twitch is owned by Amazon and brands can partner with streamers.
CPA marketing programs pay affiliates when a specific action is taken by the referral or lead. Common actions include clicks, impressions, form submits, sign-ups, registrations, or opt-ins. Since Cost-Per-Action models don’t necessarily involve a direct sale (and involve more risk taking) the payout percentages are far smaller than they are in Cost-Per-Sale.
As another best affiliate in our list of the top 10 affiliates, AvantLink connects businesses with marketers where the merchants will take the advantage of affiliate marketing to boost their sales. Here, the merchants will need to provide info about the affiliate program set the commission charges and all the necessary details about their products. In the other words, the affiliates will take this information into the market and earn commission after selling the products. The system will handle all the sales and commissions well.
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.
Raven is a widely acclaimed online SEO tool. Affiliate commissions are extremely high when you promote Raven Tools. You get an unbelievable 50% from the total of the first month’s payment. Additionally, you also get a 10% recurring commission for the entire time that sale’s account lasts!!! Once you register for its Pro account, you get $9.90/monthly recurring revenue. While its agency account gives you $24.50/monthly recurring revenue. It comes with a - 180 days return policy which gives you an advantage for the conversions and earnings.
How to monetize this site: I would make ONE info product (either an eBook or a video course) sharing the financial part of doing a basement or specific tutorials on finishing a basement could be great.  There are already some online courses out there on finishing a basement that you could be an affiliate for.  Also, ads could bring in lots of passive income.
Excellent list. Shareasale has been my best performing from the list. Another strategy I’ve used is to contact individual companies and ask about their affiliate programs. Some companies run in-house affiliate programs, which means they have a select few affiliates that they work with. Such companies can be quite profitable to work with as you’ll be competing with way less affiliates.
Owning property can earn you passive income for decades to come. Once you purchase a duplex, home, or apartment building as a rental property, you’ll earn a consistent monthly income with little work. Rent should cover your mortgage, taxes, repairs, and other expenses. You’ll continue to earn income by paying off your mortgage with the rent money and saving excess rental income.
With around 50,000 courses available on topics such as video filming, production and editing from beginner to advanced levels, website design using various content management systems (Wordpress, Joomla, Drupal, etc) technical web development, graphic design, photography, 3D and animation, much of the content is marketing-focused even when it doesn’t fall into the Marketing category.
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.
People these days more than ever are taking their health into their own hands. They don’t automatically trust what the government or their doctor tells them about their health or what they should do to be healthy. You’ve seen products in this niche everywhere: gluten-free, herbal remedies, supplements, detoxing… healing arts and products of all types. Anything that will promote a healthy lifestyle that helps avoid disease and makes you live longer. 
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.
If you love, technology or things related to technology such as computers or software, this is the affiliate program for you. This platform will provide both the sellers and affiliate marketer, as they will have a common goal of making a profit. To ensure public trust, the brand only offers high quality and original content. This makes it a quite difficult to enter for your first affiliate program, but the results are exponentially higher than the rest on this list.
Looking for ways to build financial wealth long-term without adding more work to your daily life? Residual income allows you to increase your fortune passively — meaning you’re earning cash while you eat, sleep, and brush your teeth. With the substantial increase of online platforms and opportunities, residual income is easier to achieve than ever before.
Solvid uses reasonable efforts to provide these services to you; however, all services provided depend on innumerable factors and market variables that are outside of our direct control. For these reasons, all services offered are not guaranteed and are offered “as-is”. Where you decide to use any services offered by Solvid, you agree that we make no guarantees including but not limited to article placement, rankings, or any profits. You understand that the services offered may have variance, be inexact, cause negative effects, or be otherwise incorrect. An increase in search engine ranking, increase in business, or any other associated benefits are neither implied nor guaranteed. Website rankings or results may vary by region, search engine, or fluctuate based on factors outside of our control. Due to the nature of our services, you agree:

HubSpot Academy offers certification and training courses to teach people how inbound marketing and HubSpot software work. Classes are often taught by marketers at HubSpot and are made up of video lessons, quizzes, and tests. Most HubSpot Academy classes are available free of charge, and if you pass the certifications, such as the two below, you get a nifty certificate and badge to share on your social media profiles. Check out mine on LinkedIn:
Each course is designed to be an interactive textbook of sorts, and consists of videos, projects, and quizzes to test your knowledge. They also provide a forum for people taking the course to use to interact with others taking the course as well, and allows you to chat, share ideas, and help each other succeed where some of you might be struggling. The course is accredited, and also provide official recognition when you succeed. 

This is a venture that is growing rapidly. You can create videos in just about any area that you like — music, tutorials, opinions, comedy, movie reviews — anything you want . . . then put them on YouTube. You can then attach Google AdSense to the videos, which will overlay your videos with automatic ads. When viewers click on those ads, you will earn money from AdSense.
Glen – another great article. Do you have any idea on the near me searches how that affects mobile searches? More specifically, when you use the near me tag does it rank higher when someone is looking on their mobile device when they have location services turned on? Would be nice if there was a way to capitalize on that. Plenty of great stuff in the article to get going on. Always have great ideas and it is much appreciated!
UPDATE: I created SoundProofExpert.com and wrote just seven articles on it.  I got distracted and never finished the site.  I usually like 50 articles on a niche site.  Anyway, 1.5 years later, the site started earning $400/month in passive income from just SEVEN ARTICLES!  We gave the site away as a contest on the Income School Youtube channel.  Watch this video on our Youtube channel to see all of the details of this site–how much traffic we got, how long it took to get traffic, and all the earnings.  We reveal everything about that project in the video.  Oh, and be sure to subscribe to Income School!
A sub-niche could be offering solutions to deter “porch pirates” from stealing packages from outside homes. You could also create a series of digital information products for this market, or a YouTube channel reviewing home security gadgets and appliances. Another approach could be to start an affiliate marketing site on making your home burglar proof.
Another benefit of investing in rental properties is the loan pay down. If you obtain a loan to buy the property, each month your tenants are paying off part of the loan. Once the mortgage on the property has been paid off, your cash flow will increase dramatically, allowing your mediocre investment to skyrocket into a full-fledged retirement program.
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.
I would honestly just start with Amazon if you’re looking to sell toys. As your website gets more traffic, you can start looking into other retailers. Once you have traffic and some conversion data from Amazon, you will likely be able to broker private affiliate retails with a few toy retailers. You may even be able to help them set up better funnels in general that lead to better conversions. Once you have the traffic and conversion data, you’re in a much better place to negotiate
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