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Unfortunately, most people don’t really know what they’re doing. So they have to educate themselves. They need advice on which investments to make. That’s where a variety of products related to investing come in. Trading services, financial newsletters, trading systems… all different ways that show people how to invest successfully - whether it's basic budgeting and investing advice or advanced day trading strategies and speculative penny stock recommendations.
Over the past 8 years, more than 100,000 people from over 100 countries have participated in Google's Online Marketing Challenge. It's an online course with modules covering introductory digital marketing, search engine marketing, search advertising, display advertising, mobile, social, analytics, and video, making it one of the more comprehensive courses for beginners. However, it's also unique in that Google gives learners a $250 AdWords budget to use over a three-week period, to run an online advertising campaign for a business or not-for-profit. The most successful learners can even win prizes from Google.
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.
Get the most bang for your buck (though technically it’s free, so not exactly!) with this course/challenge from Google. You’ll cover everything from the basics of digital marketing, fundamentals of SEO, search and display advertising, social media, basic analytics, video, and more. It’s one of the most comprehensive trainings out there, perfect if you’re looking for something all-encompassing on a single easy-to-use platform.
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.
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.
Soundproofing a room in your home is a popular search term on Google, and there are TONS AND TONS of products you can recommend and link to Amazon for people to buy. And you’ll earn 8% of the products they buy after clicking your affiliate link to Amazon. The best part of it is that the products are often in the $200 range, which I find to be a sweet spot for Amazon Associates. It’s enough money that you get a good commission, but not so absurdly expensive that people won’t buy.
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.
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.
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Given the growth in the sharing economy, your junk can start to pay for itself. For example, if you have some awesome vintage furniture inherited from your grandmother sitting in a storage unit, you can rent this out to photographers for their “styled shoots” which are becoming all the rage. If your furniture is more modern but you still can’t bear to get rid of it – perhaps a home stager will be interested.
My goal with this site is really only to write about 25-30 pages with information as I learn about boats and do customizations to my boat. I’m also adding a forum. Forums seem to be very popular with boat owners so I’m anxious to have others generate content for me. I don’t have huge plans for this site, but I’m sure it will bring in a few thousand a month if I don’t fizzle out. This is going to be my fun project for the next little while.
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!
How to Monetize: Affiliate marketing works well when you discuss products on your blog. For our fish tank blog, we would link to all the things you need to buy for an aquarium and then when people click on that link and buy that item (and other items they purchase with it with some exceptions) you get a percentage of the purchase. Amazon Associates is the best-known affiliate marketing program, but there are others like Impact Radius, ShareASale, Commission Junction, ClickBank and Rakuten too.
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One of the issues the digital marketing industry is facing is that there are sometimes no barriers to entry, meaning that anyone with a loose grasp of industry terminology can potentially get a position in a company. But as this industry matures, recruiters are becoming savvier about what differentiates a candidate that can talk the talk but could be a costly mistake for the company.
When starting out, focus on being a generalist. You won’t know what you’re most interested in yet, so building up a general digital marketing skill set will help you hone in on the areas that excite you most. You’ll also be more hireable since a digital marketer who can wear a few different hats is much more useful than one who only knows how to do Instagram ads.
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Digital marketing is a field in which things are always progressing and changing; something new develops each day and all digital marketers around the world want to stay updated. Gone are the days where we search for all updates on the internet. Instead, we follow hundreds of pages and influencers on social media, so we can stay notified round-the-clock. Following industry experts and influencers who are proficient in digital marketing is not only a great way to initially learn the basic fundamentals, but it’s also essential for keeping up with the latest digital marketing changes and trends.
With 4000 merchants, ShareSale is another vastly growing affiliate program that is famous for its ease of use. Once you become an affiliate on ShareSale, you get access to different features like Average commissions, earning s per click etc. One other attractive thing about Share Sale is its payment procedure. You don’t have to wait for a month to receive your payment and the company clears your paycheck on the 20th of every month!
Great design starts with the fundamentals. The free course from ALISON examines various design elements including line, shape, form and texture and design principles, covering composition, balance, contrast and hierarchy. If you’re interested in exploring graphic design, industrial design or the design process in general, this free graphic design class is perfect for you.
If you’ve got a book you’re itching to write, you can still go with the traditional publishing route. (We published our first book using a traditional publisher.) Whether your book is fiction or non-fiction, a publisher can help get your book into print and onto shelves in both online and traditional book stores. This is still a good route, although it may take more work and be more expensive than some other options.