Have you heard of the digital skills gap? By 2020, it is projected that there will be 150,000 digital jobs available, but not enough digital marketing professionals to fill them. For those learning digital marketing, this offers a unique competitive advantage: You’re gearing yourself up for a career where demand exceeds supply. This is always a good move.

"For long-term savings, investing in low-cost index funds is the ultimate passive strategy," Goudreau says. "As legendary investor Warren Buffett recently told CNBC’s On the Money, 'Consistently buy an S&P 500 low-cost index fund. I think it's the thing that makes the most sense practically of all time.' By not picking individual stocks and, instead, buying a low-cost fund that tracks the market, you pay less in fees and take less of a risk. Then you can sit back and watch your money grow over time."


Try peer-to-peer lending. Another residual income option that some people might be interested in is peer-to-peer lending. In peer-to-peer (P2P) lending, you essentially provide someone a loan just like a bank or credit union would. The returns you get from a P2P loan are far greater than the interest you would receive on an average savings account, CD, or bond.[23]
Constant Contact's Social Media Quickstarter emphasizes opportunities to integrate email with social media marketing, to maximize the impact of both channels. In a series of step-by-step lessons, learners can study digital marketing tactics for Facebook, Twitter, LinkedIn, Pinterest, Instagram, Google+, YouTube, blogging, and online listings and reviews sites. The way the courses are structured makes them perfect for beginner-level marketers, with components such as glossaries and how-to guides, combined with practical examples of the lessons at hand in action.
Todd Mumford is Principal and Founder of Riverbed Marketing - an inbound marketing agency located in Vancouver, Canada. Todd has 11 years of experience in digital marketing and advertising, inbound marketing and content across a plethora of verticals. Recognized for excellence and leadership in marketing and management and execution of successful marketing initiatives in the digital space with a focus on on social, search and content.
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]
How to monetize this site: Some things people will likely buy from a local store which can set up the bow for them.  These may include the bow itself and arrows.  However, there are tons of accessories you could sell as an affiliate on your website.  You could link them to Amazon and get a cut of the sale for targets (and 3d targets), releases, bow cases, tree stands, etc.  All of these items are over $100 and would give you a substantial affiliate commission.
Almost all of these ideas require starting a personal blog or website. But the great thing about that is that it's incredibly cheap to do. We recommend using Bluehost to get started. You get a free domain name and hosting starts at just $2.95 per month - a deal that you won't find many other places online! You can afford that to start building a passive income stream.
Copyblogger is a content marketing company that creates content about content (so meta). Its blog provides a ton of great resources about digital marketing, and this class, "Internet Marketing for Smart People," is made up of ebooks and emailed lessons and other course materials. Copyblogger espouses four pillars of content marketing success, which it delves into over the course of this class.
3. Wide Markets Wide Markets Ltd, provides a unique cross-channel advertising solution for eCommerce businesses. The company owns Wide Markets Media™ , Wide Markets Fashion™, Wide Markets eTickets™ and Wide Markets eStores™. Advertisers can sell their goods and services through the native products created by Wide Markets, receiving outstanding User-Values. In the other hand, publishers benefits from a native method to monetize their online assets finding higher conversion rates. The company supports the Performance Marketing Association and is an active Champion Member.
Blogging is still going to take work starting out. That path to $5,000 a month didn’t happen overnight but just like real estate development, it build up an asset that now creates constant cash flow whether I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that will continue to send traffic even if I take a little time off.
2. This means that there’s depth in the market, which isn’s necessarily a bad thing in itself. When looking for demand, we always recommend taking the combined estimated sales of the top 10 products and ensuring that it is over 400 units, for example. If you find that there are 4 pages worth of the same product, then of course you can also take a look at how those products are performing to. One way to look at it is, you should always be aiming to be in the top 10 with any product you launch. So the top 10 sellers are your primary concern for gauging demand and competition. If you find there are lots of other sellers, you can also see if they are doing well or not and find out why that is. Ultimately you want to find ways to enter a niche with a product offering that is better: more features, better quality, a better listing, etc.
Investing is arguably the easiest way to make passive income.  The problem is most investments sound good in theory but don’t work out so well in practice.  And if you don’t have much experience or access to capital, let alone the time to work it all out, it can seem more or less impossible.  However, there is one smart way to invest that just might work.  Continue reading >
There are a great number of affiliate programs you should consider joining in 2019. However, choose carefully. Pay attention to your audience, their interests and their needs. If you want to learn more about the conditions of the affiliate program you’d like to join, do not hesitate to contact the website that offers the program or, at the very least, read reviews of the program and its terms.
Okay, obviously, this is not something that I can link you to, but Danny runs great webinars. You know those webinars that are basically just very long sales pitches and nothing more? Well, that’s not the case with Danny, because in his webinars he shares very useful insights on online marketing. I really try not to miss those. You have to be subscribed to Danny’s e-mail list to know when something is coming up, though.

18. Olavivo Olavivo is a boutique affiliate network, with a focus on E-commerce, Health and Beauty and Cryptocurrency verticals. Our network promises dedication, transparency and unique technological capabilities with the highest level of personal and professional service. Join us today and get more bang for your buck. When you succeed, we succeed.
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.
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.
Establishing residual income allows you to accumulate wealth faster, have a more flexible lifestyle and maintain a diverse financial portfolio. As with any successful investment, hard work is required. With residual income, however, that work tends to be upfront. Once your revenue stream is established, the work and time involved is significantly lower than active income sources. With residual income, you’ll secure funds for your future, have a better idea of where you stand financially and enjoy peace of mind knowing you’re maintaining lucrative, long-term investments.  
I have a Plumbing and Heating service company. I see some Plumbing and heating parts and supply retailers online that seem to be the same supplier with different website names. Is this an affiliate self branding thing? I want to find a company to send customers to from my website to buy parts from for a commission as well as order/buy parts for my own service business from. I cannot seem to find any of these affiliate parts supplier companies with search engine queries. Years ago I remember seeing companies that would do the warehousing, stocking and shipping of items… Read more »

If you're looking to get started in real estate, look at a crowd funding solution like RealtyMogul. It works similar to LendingClub - you commit as little as $5,000 towards a property. When the property is fully funded, you become an owner, and will receive your share of the earnings and appreciation in the property.  Check out RealtyMogul to learn more. 
I wouldn't think of a high yield savings account as a source of passive income but your savings should be getting something (less like Seinfeld syndication residuals and more like a commercial jingle residuals!). It won't make you rich but it's nice if your baseline, risk-free rate of return on cash is 1% or more. The best high yield savings accounts (or money market accounts) offer higher interest rate and there is absolutely no risk. CIT Bank currently leads the pack with the highest interest rate.
Amazon Associates is a popular affiliate program that allows site owners and bloggers to create links and earn referral fees when customers click through and buy products from Amazon’s store. The program is free to sign up and use. Each geographical storefront has a separate program; there’s one for Amazon.com, Amazon.ca and Amazon.co.uk, as well as others.
Paid advertising – although we would all prefer free organic traffic, paid traffic is a quick way to scale. Plus, it can be profitable too. We’ll show you how to set up paid advertising campaigns on AdWords and YouTube as well as how to use a few other channels for paid advertising such as remarketing. In total, we have 11 videos on paid marketing.
I just wanted to say how nice it is to see such a positive exchange between strangers on the Internet. Seriously, not only was this article (list) motivating and well-drafted, the tiny little community of readers truly were a pleasant crescendo I found to be the cause of an inward smile. Thank you, everyone, and good luck to you all with your passive income efforts!! 🙂
When you go shopping, do you use cash, your debit card, or a credit card? Instead, why not use a cash-back credit card and make money while you shop? It sounds contradictory, but Goudreau elaborates. "With a great cash-back card, you can make money when you spend money," she says. "The key is to keep your spending rates the same and pay your balance off in full at the end of every month. It's also important to pay your bill on time. That way, you're not paying interest or getting hit with any late fees, and any cash back you earn is pure profit.
You can attend industry meetups and conferences in your area to establish and nurture relationships with other digital marketers and get professional understanding. Don’t forget to try your own projects. Digital Marketing is an area with many gray areas between best practice and what can actually get results for a business. You can try your own ideas without blindly following leaders’ opinions.

When do you want to get started?  If you are just starting and have no audience then some of the programs may not accept your application to become an affiliate, while others will let you get set up in minutes.  If you want to get started straight away then make sure you’re applying for programs that are less restrictive. Generally the larger, network style places will enable you to get going quickly while specific niche programs may require you to have a certain audience size or characteristics.
Email marketing is still one of the most valuable tools for marketers and businesses to reach and engage their customers. A well-thought-out email marketing strategy is an integrated part of any digital marketing outreach. There are many tools available like mailchimp, sendgrid, convertkit, which make email marketing easier for marketers. To get an overview of email marketing you should learn about:

Since I read blogs and eBooks on my iPad in the morning, I either get same in a format that is designed for smartphones and tablets and can read easily without enlarging text and moving page back and forth, or small text which has to be “sized” for easy reading. Since I could only save your blog as a web page, I copied your blog and pasted to an Office Word doc. It pasted everything fine, but translated your clean “Arial” style fonts into multiple styles which I did not like (but changed into a nicely formatted document). This procedure worked for my Laptop Computer.


Charge a monthly or annual fee to offer members access to exclusive advice or products. Sell your expertise through exclusive podcasts, offering live FAQ sessions through Skype, or forums. You may want to try selling a monthly subscription to allow users to sample new products, similar to a book club. Frequent interaction increases interest and helps build membership through word-of-mouth.
The commission rate of 70% is impressive, especially as the eBook sells for $47. The site also offers a range of banners that you can use to promote the product, along with marketing advice and sample articles. The product would never be something to center an entire site around. But, it is relevant to many fields, including weight loss, wellbeing and health.
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).

What I like about p2p investing on Lending Club is the website’s automated investing tool. You pick the criteria for loans in which you want to invest and the program does the rest. It will look for loans every day that meet those factors and automatically invest your money. It’s important because you’re collecting money on your loan investments every day so you want that money reinvested as soon as possible.
You can find the high ticket affiliate programs here. By contrast, those could be super expensive items, but I haven't taken into account the percentage they pay. Would you rather make 60% of $100 or 1% of $60,000? Same thing! So what you promote really depends on your interest, but these two categories of affiliate programs are great for inspiration.
This is especially important if you have superiors to which you must report about Internet marketing. Although you may be able to turn data into a strategy easily, reports and graphs are essential in order to communicate that data to people who control the budget. Spend time making comprehensive reports and perhaps making a PowerPoint presentation based on your research.
I know what you’re saying.  What if this idea sounds good to you, but you aren’t an expert?  What if you haven’t ever even run a marathon before?  Who cares!  Share with others as you learn and just be honest with people that you are learning too, but you want to share what you learn.  The Internet is full of self-proclaimed “gurus” so it’s refreshing to read a blog that is down-to-earth.
This is a great list Stuart and it would take a lifetime or two to try to get to all of them. I currently have a mini network setup to create authority sites and I'm wondering if anyone would be interested in being part of the network to run their own niche category. You can almost think of it like a franchise where you are part of the whole where you get all the tools and resources necessary to get up and running and I'll offer the ongoing support as well as growing the brand to get you the traffic. It's a new idea I have and looking for anyone that may be interested.
Charge a monthly or annual fee to offer members access to exclusive advice or products. Sell your expertise through exclusive podcasts, offering live FAQ sessions through Skype, or forums. You may want to try selling a monthly subscription to allow users to sample new products, similar to a book club. Frequent interaction increases interest and helps build membership through word-of-mouth.
From the basics to advanced principles, these popular blogs are fresh with actionable information to improve your marketing. Some popular digital marketing blogs to follow include Moz, Neil Patel, Kissmetrics, and Search Engine Journal. If you prefer videos, some of the top YouTube digital marketing tutorial channels include GaryVee, Backlinko, and Digital Nest.
One of the best ways I ever saw total market share explained was by thinking of it like a giant pie and there’s only ever that much pie to go around. When you look at the JS data, you aren’t seeing a reflection of what you’ll get. For example, if there’s three sellers selling 300 units per month, if you join in, you’re not going to get 300 per month… you’re going to get 225 because your presence in the market has just reduced current demand by 25% for each of the current competitors. In the end, demand is only 900 units per month, regardless of how much supply there is. And in actuality, you’re more likely to do less than that as you might only take away 5% away from current competitors, earning yourself 45 sales per month.
Udemy is another online learning platform that focuses specifically on courses related to skill building for working professionals. One thing to note about Udemy: The classes we've highlighted are free, but it offers a myriad of other paid options for as little as $10, in some cases. If you have a good experience with a free course, it could be worth a small investment to deepen your skills, too.
great read as always glen, congrats on sharing your research. although i believe strongly in the “rank & rent” concept for local seo marketing, it is interesting that i watched an entire video today by a prominent local seo guru who says r&r sites are the worst possible business. i’m having trouble wrapping my head around that as it goes against what my gut believes but then again, he’s “been there done that” and i haven’t. anyway, i digress big time, great article.

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.
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