A Beginner’s Guide to Earning Passive Income Online

Many people’s goals in life is to find a way to make as much money as they possibly can so that they can retire young and spend it however they want. Making large sums of money often requires a ton of hard work and effort that many people are simply not cut out for mentally.

Fortunately for people like that, there is a way to earn passive income online. What this means is that you do some work in the beginning, and then sit back and watch as that work continues to generate money over and over again. It is a great way to generate money and when paired with other money making tactics, you will find yourself quickly collecting large sums of money.

Here is a beginner’s guide to earning passive income online:

Affiliate Marketing

Affiliate marketing is one of the easiest ways to start generating a passive income for yourself. To make the most of this income stream, it is recommended that you research and find a niche market that you can establish yourself in. From there, generate a website where you will be marketing to another company.

When users come and visit your page, they will have the opportunity to buy these products from your site. In return for this, you will receive commission for the sale and will begin to generate income. 

With affiliate marketing, it is important that your website is easily found and also search engine optimized so that you can get as much traffic as possible onto it. The more people who visit your website, the more sales you will be making and therefore you will be getting more commission. 

If you are ever confused about affiliate marketing and its concepts you can visit areas such as this page to learn more about it and figure out how you can make more money. The beautiful thing about this passive income stream is that you do not have to invent a new product or a new concept.

All you need to do is link people over to a website where they will buy the product they are looking for. Look to get into affiliate marketing as one of your first ways to earn passive income online.

YouTube Channels

YouTube is another great means to earn a passive income online. Although this requires more work than affiliate marketing, if you can correctly build a YouTube channel to massive subscriber numbers, you will be making a ton of passive income without doing much work.

YouTube pays their content creators per view for each of their videos, therefore if you have created several videos, as long as these are still being watched they will continue to produce money for you. This can create a very lucrative opportunity. As you are creating a new video to be watched, your old videos are still collecting views and earning money. Therefore, as you create more and more videos, the passive income you make begins to scale exponentially.

This does require some active work to achieve, however you will be making a ton of passive income if you can successfully create a popular YouTube channel.

Photography And Stock Photo Websites

Have you ever seen stock photos on the internet? They have become very popular as they can be used to represent a variety of different things. The incredible thing about stock photos and online photography is that the product does not have to be printed and shipped over and over again.

When a person buys a stock photo, they are buying the rights to use the photo online as determined by the terms and conditions within the purchase. What this means, is that you can take photographs and upload them to the Internet and then sell someone the right to use this photograph. 

As everything is done digitally, you do not have to worry about running out of print copies of the photo or having to send more off. Therefore, you are providing people with an infinite number of products. Once you have created your website and advertised it accordingly, you can sit back and watch as you gain passive income for each sale that occurs. The more photos you upload, the more sales you will make. Look into online photography and stock photos as a way to earn passive income online.

Display Ads On A Website

Finally, one of the best ways that you can earn passive income is to advertise for other people in your space. If you are able to create a successful website that gets a lot of traffic, companies will want to advertise on it as many people will be able to see their logo and what they do. The first step towards achieving this passive income stream is to create and search engine optimize a website. It also has to be geared towards a certain topic and have a point to it. If a website is just empty filler, no company will want to advertise it and you will not retain viewers.

Once your website is up and running, look to offer advertising space in the form of banners and clickable ads. Soon after doing this, companies will respond and will look to rent out the space on your website to put their ads. As long as you keep your website maintained, you will passively collect income from these companies as they will continue to rent out the space on your website. Putting ads on your website is a great way to earn passive income online.

With so many methods available, making money passively online has never been easier. Affiliate marketing is a great and easy way to begin earning money. From there look to branch off into areas that take a bit more work, but have the potential to offer much larger payouts.

YouTube channels and photography websites are able to earn massive amounts of passive income if they become popular. Finally, look to create websites and establish space for companies to put ads on them. By following these ideas, you can begin to passively earn money while focusing your attention elsewhere. Which method are you going to try out?

5 Steps To Create Passive Income Online Through Blogging

Want to know how to create passive income online thought blogging? You came to the right place!

With the technology advancement today, creating passive income online is no longer a challenging task. As a matter of fact, you can start creating passive income even today.

Yes, it doesn't take more than one hour to setup a blog!

Let's dive into the exact steps you need to take to create passive income online through blogging, shall we?

1. Choose a domain name

A domain name don't have to be long, and you certainly don't have to purchase premium domain names.

A domain name should be easy to remember, short and preferably with a dot com ending.

A domain name costs around $10 a year and the best place to get is at NameCheap.com because it comes with free WHOIS feature. Currently, you can get a domain name as low as $0.99 on NameCheap (click here to check out their latest promotions).

2. Choose a web hosting

web hosting for bloggers

When it comes to web hosting, you should focus on using only reliable web hosting services. For bloggers who are new, starting with a shared web hosting is the best choice because it is affordable and easily scaleable.

Looking for a good shared web hosting service? BlueHost and HostGator are two of the best web hosting services as they offer:

  • Free domain name and transfer
  • One-click WordPress installation
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    Free website migration
  • Unlimited bandwidth
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    Unlimited domain hosting
  • check-circle-o
    Unlimited email accounts
  • check-circle-o
    Affordable pricing as low as $2.99 per month

3. Choose the right WordPress theme

If you want to create passive income online through blogging like the famous Pat Flyn (founder of Smart Passive Income), then you need to use a professional WordPress theme to showcase your work.

Why?

Having a professional (and clean) WordPress theme is like dressing well before a meeting with the big bosses. When you create the great first impression, the chance of selling/promoting a product is much higher because you are creating trust.

With the number of websites today, it very hard to get attention from the web surfers. Therefore, a professional WordPress theme is going to help you to create positive first impression and increases the chances of making money through blogging.

Looking for professional website designs? You don't have to look any further. Here are the top ones I highly recommend:

4. Install relevant plugins

WordPress Plugins for Bloggers

At this point of writing, there are 55,532 plugins that you can choose from. For blogs, you should always try to reduce the number of installed plugins because they will affect your website loading speed.

Here are some relevant plugins that you should be using:

5. Creating content for blog

Content is king and if you want to create passive income online through blogging, creating great content is key.

In order to create content, the rule is to do perform sufficient keyword research and finishing it off by publishing well-designed content.

Keyword research is critical because this will be the main generator for traffic — your target is to find keywords that are high in searches and low in competition. The best SEO tool for bloggers (as far as I had used is definitely KWFinder). You can my KWFinder review or click here to try the demo immediately.

Lastly, you finish off the task by creating content and when it comes to creating content on WordPress blogs, I prefer to use WordPress visual builder as it allows me to make my content come to live. For example, the usage of visual builder (e.g. Thrive Architect) allows me to control how my content will be displayed in real time and I'm also able to do advanced changes on the content without coding skills such as these:

thrive architect font customization
thrive architect customize width
customize buttons using thrive architect

Are you ready to create passive income online through blogging?

Finally, we have wrapped up the exact 5 steps you must take in order to create passive income through blogging.

What are you waiting for?

Need help? Leave a comment below and tell me all about it!