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.
As shown in the graph, the top 20 affiliate categories are Fashion, Sports & Outdoors, Health / Wellness & Beauty, Travel, Home & Garden, Computers & Electronics, Education & Training, Business, Financial & Insurance, High-End & Luxury Stores, Entertainment, Malls & Department Stores, SaaS, Auto & Motor, Gifts & Flowers, Books & Magazines, Baby & Toddler, Vision Care, Jewelry, Art and Photography.
“My beef with VigLink is that just because you’re accepted into VigLink does not mean you’re automatically accepted to promote all merchants affiliate with VigLink. You still need to apply individually to many merchants. This in my mind defeats the purpose and the main benefit of this type of affiliate service. Fortunately Skimlinks operates differently; once accepted into Skimlinks you can promote any merchant without further red tape.”
Acorns: Acorns is a great way to start investing and building wealth. As it turns out, Acorns will pay you $5 to start investing with them for as little as $1. That’s a 500% return, plus it’s probably time you started investing for your future. They even have features like round-up and found money that allows you to get free money from places you already shop at.
While not entirely passive, YouTube monetization opportunity is quite a big deal. For those who have cracked the video production and editing process or those who’ve discovered a profitable niche—gamers, product reviewers or vloggers, for instance—can easily earn a passive income from the videos they’re already making. The key to succeeding on YouTube is creating content consistently and promoting it through other channels—your own blog, for example. Once YouTube notices that you’re uploading new, quality content on a constant basis, it will start showing your videos to people who are watching similar videos. That’s where the ad money will roll in.
It is especially important to keep track of the ROI when it comes to expensive disciplines in online marketing such as Google AdWords campaigns. This makes it possible to control the profitability of advertising measures. When it comes to paid advertisement, you have to also take into account the probable scatter loss. If you don’t plan carefully, you will end up wasting money.
Google Adwords can be used to drive targeted traffic to a sales page. You simply make an ad in your adwords account then use your affiliate link in the target page URL of the ad. Obviously, you will have to continuously measure the conversions and see if the campaign cost is less than the campaign profit in order to keep the campaign running but I am sure you get the idea.
Peer-to-Peer Lending: Earn up to 10% in returns by lending individuals, organizations and small companies who don't qualify for traditional financing through peer-to-peer lending platforms like Lending Club. You can lend $100, $1,000, or more to borrowers who meet lending platform financial standards. Like a bank, you'll earn interest on the loan - often at higher returns than banks usually get.
“Market Health is among the best performing affiliate programs that we work with, furthermore Market Health are very helpful and creative when it comes to attracting new customers and keeping customers coming back. This makes your job as an affiliate much easier. Market Health is by far the most active affiliate program partner we have ever worked with. And best of all - the people who run the MarketHealth.com Affiliate Program are cool guys ;-)”
24/7 Customer Support. You will never know when you’ll experience glitches in whatever technology you use for your business operations. While it is easy to resolve for large enterprises with in-house IT experts, it may be more challenging for small businesses. This is why AffTrack offers all-around, 24/7 support, so that all users may get the assistance they need with minimal downtime.
LinkConnector has struggled to stand out from the pack but nonetheless has managed to sign some exclusive deals with big name brands, including Writer’s Digest, the Disney Store, Ironman, Hats.com, and Everly. Their strictly controlled screening process for both merchants/advertisers and affiliates/publishers means that you can always rely on the quality of products on offer.
If I didn’t enjoy the topics of blogging and Internet business (especially combined together) and I was more interested in affiliate marketing just for the sake of money, I’d enter other affiliate markets like dating or ring tones (although these are quite saturated too) or go hunting for under serviced niche markets, where Internet marketing techniques will work even better because people are not used to them. A search of the various products you find at affiliate networks like Commission Junction and AzoogleAds provide plenty of inspiration for industries to enter as an affiliate marketer, beyond selling make money online products.
You don’t have to invest individually to take advantage of dividend paying stocks (i.e. investing in an ETF like DVY, which currently has a 3.16% dividend yield – almost 4%). And while your math is indeed correct, there is more to dividend paying stocks that just the math. The reason the companies pay dividends is typically because of their underlying strength, steady growth, etc. These companies can be good investments for the long run. As such, it might not make sense to sell.
A subscription site can be a more reliable source of income than ad sales, because your subscribers pay you up front at the start of each month. However, to get people to pay for your site, you have to give them something that’s worth the money. Examples include subscription sites such as Blog Mastermind, which promises to teach people how to make money online through blogging. People are willing to pay for these sites because they’re run by successful experts.
Steady, Trackable Growth. ReferralCandy takes notes of referral engagement metrics, which entrepreneurs can use to learn more about customer behavior when sharing their brand. This way, you can efficiently track the progress of your referral system, find out how much sales it yields, as well as help you figure out how to further improve the referral scheme you are using.
Refersion is an integrated performance marketing platform created for entrepreneurs looking to utilize promotion networks. Every aspect of the program creating and launching process is covered by this web-based software, so you do not have to sacrifice too much time or disrupt your operations. In fact, setting up an account and connecting Refersion to your online shop usually takes only a few minutes. After the setup, you can focus on expanding your business by working with brand ambassadors, bloggers, promoters, and social influencers; all while monitoring how many clicks and conversions occur in real-time. Refersion, being a flexible software, can be customized according to company size, helping entrepreneurs from anywhere on the globe thrive in a fast-paced world that prioritizes performance and data. On a monthly basis, Starter subscriptions cost $19, the Professional package costs $89, and the Enterprise plan is priced by quote.
Let no one tell you that email marketing is dead. An email list is crucial for every affiliate marketer. You can start building up your email list with a lead magnet (like the information products mentioned previously) or even just by encouraging your audience to sign up for your updates. You can then push your content to this audience via email and also direct them to your affiliate offers. Don't be sleazy about the sales, but if you build up enough trust with your email audience; when the time comes, they will not mind purchasing a product from you.
Selling T-shirts and other apparel is a pretty saturated market but the tools to do it are easy to use, which makes it very quick and cheap to get going. If you’re creative enough, or tap into the zeitgeist properly, you can also have a runaway hit. Even if your first 19 T-shirts don’t sell more than a few copies, your 20th might make up for everything.