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. 

Under no circumstances should any information from this blog be used as replacement for professional financial advice. DollarSprout.com is owned by VTX Capital, LLC and neither are licensed by or affiliated with any third-party marks on this website and third parties do not endorse, authorize, or sponsor our content except where clearly disclosed. DollarSprout.com 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.
I am confused about the keywords in the spreadsheet. For example, there is a keyword “oxford shoes for kids” that shows really low competition in the spreadsheet, but obviously there are many seller in there. So it would appear the data returned by junglescout is incorrect. Searching the same keyword on the web app returned same data as the spreadsheet, so it’s not a spreadsheet problem. Any explanation for this?
Singorama focuses on teaching people how to sing and includes various products and tools. The best income comes from promoting the digital version, where you’re earning a 70% commission. The physical edition doesn’t pay nearly as well but it is still more than many physical products. Just be aware that this is a Clickbank product. So, it’s best as a side affiliate project, not as the main product that you promote.
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.

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.
Another option: Consider starting your own real estate investment group. This is a great way to team together with other small investors, either via pooling your money together or simply by learning from eachother. According to Joseph Hogue, CFA from PeerFinance101.com, “The common bond in all real estate investing groups is that you help each other compete against the big money players to get the best returns.”
A good example of a datafeed website is a comparison shopping website. Such websites provide users with an opportunity to compare various products according to certain characteristics. Having made their choices, users will likely follow the affiliate link on the website. Basically, affiliate programs provide datafeed websites with links and other ready-made promotional tools (e.g., product images) in exchange for paying a certain reward for every purchase made via the affiliate link.
If you have started looking for affiliate programs for the first time, you are ready to make a profit out of your website. Such programs are among the most simple and efficient ways to make a living online. To ensure that we are on the same page about affiliate programs, let’s clarify what they are. Affiliate programs allow you to earn a profit by posting links or placing other affiliate tools that lead to other online merchants (such as Jetradar.com) and encouraging users to act in a certain way. For instance, to buy something, such as a flight ticket, or to complete a task — subscribe, create an account and so on.
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.
Max Bounty is another most popular name of CPA Network for affiliate marketing programs. It facilitates a connection between the trusted and skilled affiliate marketers with veterans and high paying advertisers. The network offers various commission modules such as CPS, CPA, and CPL. It is designed for a minimum payout of $100, and its Recurring Affiliate Program offers 5% referral commission for 12 months.

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.

Travel Accessories: As travelling becomes more affordable and accessible, this market will continue to grow. Capture the travel bug’s interest by selling travel accessories, worldly products, and global foods. With majority of travelers being tech savvy, focus on digital organizers, luggage scales, WIFI hotspots, chargers/power banks, and GoPro cameras.

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.


While learning about persona, you will get to know about the various places on the internet your audience hangs out at. There’s business advice on Clarity, personal advice on Quora and views on politics at Reddit. Learn about the forums your audience is a part of. Identify key influencers in your industry and pull them in to talk about your products. Nowadays there are various agencies that help you in getting these influencers and manage your campaign for you.
Booking.com is a service that most travelers have used at least once for booking a hotel or a hostel in another city. It provides a wide range of promotional products, from links to search boxes. As for potential profit, your commission starts at 25% for a checked-out reservation, calculated from the entire Booking.com commission. As you accumulate more reservations through your website, your commission can grow, as depicted in the table below.
Appeal to a target audience through offering regular newsletters about the service or product only you can provide. Offer some free advice on marketing or tips on business-related tools. Offer the first part of a how-to e-course free to generate traffic. Through brief, yet constant contact, your blog becomes invaluable to your audience. Don’t be timid in offering a bit of free advice to build a dedicated audience.
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.
Active income, on the other hand, involves earning money in exchange for a service. It could be a salary, an hourly wage, commissions, or tips. It’s essentially a trade of your time for a fixed dollar amount. Most people choose to live this way, and there’s nothing inherently wrong with that, as long as you understand that there will be a limit to how much money you can realistically earn.
Pat’s story is interesting, since he wasn’t an experienced entrepreneur when he got into internet marketing. He was working in an architecture firm. He loved the work he did and didn’t have any intention of leaving, but unfortunately (well, fortunately), he was laid off when the economy went down. He still had to finish some project for the firm, though, so he wasn’t laid off immediately. Pat used that time to learn about online business. Using that new found knowledge, he created an e-book that sold well, and eventually started Smart Passive Income to teach other how they can make money online. Pat says that being laid off was the best thing that ever happened to him.
Codeacademy offers free, interactive coding classes that take you from lesson one to building a fully-functioning website. The courses we've highlighted below are just a few of the courses; Codeacademy offers many more, depending on your organization's needs. Codeacademy classes feature lectures and a workspace in the same browser window so you can see the effect of your work live, as it's created.
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.

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!
Singorama focuses on teaching people how to sing and includes various products and tools. The best income comes from promoting the digital version, where you’re earning a 70% commission. The physical edition doesn’t pay nearly as well but it is still more than many physical products. Just be aware that this is a Clickbank product. So, it’s best as a side affiliate project, not as the main product that you promote.
You asked if we would like more of this kind of post, and the answer is yes! Thank you for the niche ideas but more importantly the strategies on how you found them. Do you have a post about different ways on how to monetize once you have found a niche/idea. I can’t seem to figure out how money is made once you have a niche or industry locked down. If there is a post or if you could write one just as detailed and informative as this one, that would be really awesome, thank you.
All our courses are beginners level. Even though the courses are beginners level, we advise, that you read the course material before taking your test. There are 50 questions in each exam. The passing score is 50%. The time limit is 60 minutes (i.e. 1 hour). This means, that you need to answer correct on at least 25 out of 50 questions, within 1 hour, in order to pass the test. The questions are multiple choice questions. Once you pass you can download your certification.
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.
Amazon is the largest affiliate site that offers numerous advantages to sellers and affiliates alike. With more than one and a half million sellers, this is the perfect place for beginners to start affiliate marketing. This site is also an excellent option for advanced affiliate marketers who can create custom tools and websites that have APIs and as well as Amazon implementations. As a beginner, you will need some form of a platform where you can promote your products. The most common way of doing this is through your blog or website.
BTW, I think the whole “near me” thing would work pretty well for terms like “chinese food near me”, “pizza places near me” etc., as you could monetise with JustEat/HungryHouse affiliate links (pretty sure they have them?) – e.g. someone searches for “chinese food near me”, hits your site, and sees something along the lines of a “XX chinese restaurants currently deliver to you. Order now at JustEat!” either as a pop-up or before the actual listings themselves.

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.  
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.
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.
Estimate the property's costs and expenses. Say you find a property that isn't too expensive. You'll need to take into account the mortgage payments, the tax on your property, and the cost of repairs and upkeep. This can be difficult to do on your own, so it may be best to enlist the help of a professional in assessing the property and determining the potential expenses you'll face.[6]
Frankly, I do not care whether there is a site on the same topic as one I’m building.  My most profitable website is a photography website.  Not any specific niche of photography.  Just photography in general.  Guess what?  I wasn’t the first photography site.  There are hundreds of thousands of sites about photography!  It really doesn’t matter.  Even if someone else has a “better” site than mine, some people will identify with me, like the way I write better than other sites, will find my site first, etc.  You don’t have to be the only one in a niche to make a site work.  Not at all!  In fact, I have had more success building sites in busy niches than in empty ones.  The fact that people are there means there are potential customers and visitors there.
However, he decided to refocus on what he loves the most (which is building and marketing businesses) and started Social Triggers, which is now one of the top online marketing blogs on the internet. The interesting thing is that Derek managed to get to the top of his niche and make a name for himself in a very short period of time. This guy clearly knows something that most people don’t.
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.

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.


That third step is where the research comes in. For each of the areas you’re trying to improve at, you want to find experiments you can run with that skill in order to get better at it. To find those experiments, look for case studies. Don’t read guides or listicles if you can help it; case studies will be more informative. You want to see specifically what worked for someone else, then turn that into your own experiment you can test.
I wholeheartedly agree with #2!! I never realized how much of an impact dirty carpets could have on the work place. My company recently switched to professionals who specialize in commercial dry carpet cleaning and it has made such an impact on the environment we work in. Definitely something to look into! They have some awesome information on their site. https://www.chemdrysantaclaritavalley.com/commercial-carpet-cleaning/
All our courses are beginners level. Even though the courses are beginners level, we advise, that you read the course material before taking your test. There are 50 questions in each exam. The passing score is 50%. The time limit is 60 minutes (i.e. 1 hour). This means, that you need to answer correct on at least 25 out of 50 questions, within 1 hour, in order to pass the test. The questions are multiple choice questions. Once you pass you can download your certification.

Another great thing about Amazon affiliate program is that you will have a choice of promoting products that interest you. You can promote the products by writing reviews or articles about the products. The earning potential in Amazon affiliate program is unlimited. Unlike other companies where you will earn by promoting a single product, Amazon offers you with a unique link that earns you a commission each time a customer purchases any product from the site.
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.
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. 

You could choose to start a full-blown ecommerce or FBA business drop-shipping prepper supplies. Or you could start an affiliate marketing niche site about prepping for complete newbies. The neat thing about this niche market is that it expands beyond just buying freeze dried meals and shotgun ammunition. It also includes topics such as gunsmithing, blacksmithing, knife making, food preservation, etc.

People love their pets. There are estimated 180 million dogs and cats in the U.S. alone. That’s not even mentioning all the snakes, guinea pigs, parrots, and other more exotic creatures people keep as companions. And if you’ve been to a pet store lately, you know that pet owners will spare no expense and will buy just about anything pet-relate. Gourmet dog food, pet toys, healthy treats, Heck, I’ve even seen dog strollers and cat leashes. I'm also sure there are a lot of dogs out there that eat better than I do!
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.
Do you know of a successful business that needs capital for expansion? If so, you can become something of a small-time angel investor and provide that needed capital. But rather than offering a loan to a business owner, you instead take an equity position in the business. In this way, the business owner will handle the day-to-day operations, while you will act as a silent partner who also participates in the profits of the business.

This affiliate network was created to help affiliates who specialize in dating find online merchants seeking promotion for their products or services. Love Revenue promotes such brands as NextLove and Victoria Milan, to name a few. The amount of money you get will depend on the number of sales you make within 30 days; you can earn at least €70 for up to 9 sales. Take into consideration the fact that Love Revenue is also among the affiliate programs that use PayPal.
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 have started looking for affiliate programs for the first time, you are ready to make a profit out of your website. Such programs are among the most simple and efficient ways to make a living online. To ensure that we are on the same page about affiliate programs, let’s clarify what they are. Affiliate programs allow you to earn a profit by posting links or placing other affiliate tools that lead to other online merchants (such as Jetradar.com) and encouraging users to act in a certain way. For instance, to buy something, such as a flight ticket, or to complete a task — subscribe, create an account and so on.

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.
"Create your own products and services," financial blogger and life coach Michael Tamez tells Bustle. "Any company you could ever work for can replace you at any time. However, your individuality can never be replaced! I encourage you to explore your creative talents and abilities more. What are you good at? How can you monetize that talent and perhaps even build a business out of it? Have you experienced something extraordinary in your life, and because of it, have tons of knowledge and wisdom to share? ... Creating your own products and services can create steady streams of residual income, which pays you continuously, even when you're not working. Essentially, you bust your ass once and get paid for the rest of your life — even when you're sitting on the beach, sipping coconut rum. Just remember this: When you invest in your creative abilities, you become irreplaceable!"
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