There is a specific tax definition of passive income, known as “passive activity” to the Internal Revenue Service. Passive income is any income you make without actively working or are materially involved. The IRS defines it as any rental activity or any business in which the taxpayer does not “materially participate.” Nonpassive activities, or active activities, are businesses in which the taxpayer works on a regular, continuous, and substantial basis.
Great article. However, I disagree with this statement “There is absolutely no point in joining these affiliate program when your web traffic is low” to an extent. While the logic may seem to be there you can in fact pay for traffic to drive them to squeeze pages that then lead them to a sales page to lets say a jvzoo offer. But overall great article. I wonder what your opinion is on that? Taking a jvzoo offer building your own squeeze page and sending paid traffic such as solo ads.
Email marketing is the practice of nurturing leads and driving sales through email communications with your customers. Like social media, the goal is to remind users that you’re here and your product is waiting. Unlike social media, however, you can be a lot more aggressive with your sales techniques, as people expect that email marketing will contain offers, product announcements and calls to action.
I think many people have thoughts of working with Amazon’s program but have not thought outside of the box. I do want to mention that we have just started our own Affiliate Program. It is “very” niche. We work with Mark Lewis Art. He is a listed artist and done shows with big names in the industry. Howard Behrens, Michael Godard, Chris Dellorco and others. He is offering 10% commission, free signup, free video training. His original artwork in Las Vegas ranges in price from $2500 to $15,000! So the upside to the program is appealing. So perhaps you could include in future articles the benefits of going “Niche” instead of big box. It can be a game changer for those individuals that really want a fighting chance to make Affiliate Marketing a way of life.
All you need to be able to earn a commission is to invite people to click on a special affiliate link pointing to any page on our web sites. After signing up, you can easily build such links through our web site. If a person clicks on your link and buys any of our software within the next 90 days, you will earn a fixed commission of $10 for AceText, RegexBuddy, and RegexMagic, $12.50 for EditPad Pro, $25 for DeployMaster and HelpScribble, $40.00 for PowerGREP. For all products, that is about 25% of the list price. The 90-day period gives the customer plenty of time to download the free evaluation version of the software and try it.
I think also a very good way to earn a nice passive income is investing in Cryptocurrency, especially in Masternode Cryptocurrencies, which provide a passive income in coins, also those carefully picked coins grow in value, so it’s a double gain! And a great coin to invest in at the moment is GINCOIN, which is the fuel for a really succesful project. Find more at GINCOIN Website: https://gincoin.io/ 😉
“Where a lot of people mess up is they try to build a business or create a product that serves everybody, and by trying to serve everybody, you serve nobody. You have to specialize and niche down and find a market with a pain point that you, based on your experience, based on your education and based on your passion, can help,” he says. Your earnings will directly reflect how well you serve that particular audience, and the more your message resonates with them, the more opportunities you’ll have to sell to them.
I am also going to agree with Dr. Mani (who wouldn’t) The list size sometimes does not matter but rather the type of person on the list. Your tips here will definitely make the small list still very profitable. I believe the same goes for the amount of blog readers you have; a smaller group of voracious buyers is many times better than the larger group of readers that want the freebies.
*Yes: As you may have guessed, the link above is my two-tier affiliate link. There are a few of these links on this site to pay me a small commission and allow me to keep this site free instead of a monthly membership site. Using my two-tier affiliate link will not affect the amount of commission paid to you with this or any other program. My commissions are paid out of the vendor’s cut, not yours.