Cultivate little-known DIY projects and ideas that are needed by consumers. For example, provide tips and tricks on self-improvement or weight loss. Develop your website to cater to the type of information you want to sell. Build your e-mail newsletters at the same time and up-sell a monthly subscription. You will have effectively rolled three services into one great profit.
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.
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.
While affiliate marketers are generally able to join affiliate networks for free, merchants usually have to pay a fee to participate in the network. Affiliate networks usually charge an initial setup fee for each merchant and often a recurring membership fee. It’s also common practice for affiliate networks to charge merchants a percentage of the commissions paid to affiliates. This percentage is known as an ‘over-ride’ and is payable on top of the affiliates commissions. But make no mistake about it, despite these fees, the benefits to the merchant for joining these networks is well worth the price. Here’s why…
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.
Propeller Ads is again a very famous advertising network especially appreciated for its pop-under ads. It offers one of the best eCPM rates in the industry. It is mostly into pop-under ads, pop-ups, pre-rolls, post-rolls, and overlay ads. It prides on its without fail 100% inventory monetization, detailed real-time statistics, and 24/7 well-qualified support. Propeller Ads offer up to 5% recurring referral commission for referring publishers to their advertiser network. The various payment options involve bank wire, Payoneer, MasterCard, Webmoney, etc.
With more than 100,000 people from 100+ countries participated in Google’s Online Marketing Challenge, it is an online course with modules covering an introduction to Digital Marketing, search advertising, search engine marketing, video, analytics, social, mobile, and display advertising, making it one of the most comprehensive courses for beginners.
EdX offers a wide range of courses on internet marketing, including Data Science and Analytics to teach you how to track your links and the demand for products based on customer sales and traffic; Fundamentals of Business to help you successfully learn and grow your business; and Digital Marketing, Social Media, and E-Commerce for Your Business, to help you learn how to identify your client base and market to them successfully. They even have an Introduction to Marketing course for those who are just starting out.
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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.
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.
FanPicks is a daily fantasy sports league site that allows members to play NHL, NFL, NBA, NCAA, MLB and MCS. FanPicks claims to be the only site in this field that offers college games and point spread. There are more than 250 open contests and thousands of entries into those contests. There is also an app for the site, allowing people to access it on the go.
But, you don't need to go further than that. You can simply write it and publish it and collect the income. That's all. Send out a couple emails to your list (if you have one) or post it on social media, and there you have it. Passive income. Now, the amount of income you receive depends on the quality of the book you've written. How well did you craft the message? How targeted was the information to your audience? It counts.
Wow! Thanks for the heads up with this awesome list and the promotional tips. I’m so pumped about Regal Assets right now that it’s changed my entire week around. I had no idea such large commissions were available as an affiliate marketer. I sincerely appreciate this list and look forward to being notified when you make additional posts. Keep up the great work!