One of the easiest ways to establish a passive income stream is to start selling digital products. If you’ve amassed a wealth of knowledge in a specific industry or discovered a valuable hack or tactic that could benefit people in your industry, you can package those insights into an ebook or online course and leave it to generate a monthly income for you. To maximize your profits, it’s always recommended to sell those digital products directly to your audience, ideally on your own website or blog.
The CouchSurfing platform is a great example of what an online community entails. By uniting like-minded people that share the same passion and vision of traveling the world, CouchSurfing has created a movement that’s bigger than the brand itself. While building an engaged community is one part of the exercise, equally important is finding ways to monetize it.
- HubPages.com is a content community for writers. Members (referred to as "Hubbers") are given their own sub-domain, where they can post content rich articles (known as Hubs). As a Hubber, you earn revenue primarily from Google AdSense (you need your own Adsense account) and other advertising vehicles such as, Kontera, and the eBay and Amazon Affiliate programs. There is a 60:40 revenue split and it’s achieved by alternating the code used in advertisements: Your code will be displayed 60% of the time, and HubPages' code 40%. Same as Squidoo, traffic dropped heavily due to Google's changes but the site is still wildly popular. Currently it’s one of the 500 most visited US sites on the Internet.
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.”
Affiliate marketing has now invaded Hollywood? We know it invaded US politics in Washington as some politicians (current and retired) are silent affiliate marketers or in MLM. Maybe we can look forward to hearing in the next few years about more celebrities going from actors and actresses to home-based affiliate marketers. Wouldn’t that be something?
If you love, technology or things related to technology such as computers or software, this is the affiliate program for you. This platform will provide both the sellers and affiliate marketer, as they will have a common goal of making a profit. To ensure public trust, the brand only offers high quality and original content. This makes it a quite difficult to enter for your first affiliate program, but the results are exponentially higher than the rest on this list.
Search engines are a powerful channel for connecting with new audiences. Companies like Google and Bing look to connect their customers with the best user experience possible. Step one of a strong SEO strategy is to make sure that your website content and products are the best that they can be. Step 2 is to communicate that user experience information to search engines so that you rank in the right place. SEO is competitive and has a reputation of being a black art. Here’s how to get started the right way.
Wow! What an awesome list! My favorite is the stock photography because I love photography. I have had some success there, particularly with one photo I make some decent income from. I think the key with stock photography is finding a shot that is high demand. Then, find a new unique way to frame that shot. This is the reason my St. Louis Arch photo is a top 10 on both ShutterStock and iStockPhoto. Thanks for the awesome ideas above!
I was interested in joining the Amazon associate program but the update rolled out. I haven’t started work as an Amazon affiliate so I was just curious to ask that is it fine if we send traffic only from social media platforms? Does Amazon allow only social traffic like Pinterest, Instagram? Will it result in a ban if we don’t add much content rather make it look like an e-commerce store?
Either way, arm yourself with a powerful SEO monitoring tool like Monitor Backlinks and really get to work on improving the flow of organic traffic coming to you from search engines. I recommend this tool in particular because I use it myself (see below), plus it’s easy for newbies to navigate and is accessible to every affiliate thanks to its 30-day free trial.
The report sounds awesome. I’ve been thinking about doing all my affiliate marketing via Amazon, because they offer amazing products and because they offer commissions on everything that “my” customers are buying. On the other hand, I’ve been thinking about focusing on a few products that I’m currently using. What I’m trying to say is that affiliate marketing is hard, and that finding the right products is actually harder than promoting them.
So to get ahead of the competition, make your website both responsive and adaptive. With responsive web design (RWD) provide the optimal viewing experience for your users. While with adaptive web design (AWD) give the best viewing experience available on a particular device to the users. Unlike RWD, AWD creates multiple version of the layout for each of the screen-sizes (mobile, desktop, laptop etc.).
It’s all very congruent and natural. I have a problem I need solved. I buy a product or service to solve that problem, experience the results, hopefully solve my problem and then write about my experiences on my blog. My readers, many of whom are following in my footsteps or at least interested in the same things I am, tend to have the same problems I do, and a select few will purchase on my recommendation.
For those new to this powerful online merchandising concept, affiliate programs work as intermediaries between the affiliate marketers who will sell products and services and the merchant who provides those products and services as well as the affiliates programs. Merchants work with affiliates to help get their products or services to their consumers.
So it’s awesome to hear you’re out there promoting other programs. When it comes to those in-house programs, I absolutely agree. One reason I think they’re incredibly lucrative is just the flexibility that you have with them. You’ll usually be dealing with decision makers that can make special changes to their funnel to meet your website needs even better. I’ve known affiliates that have even helped these in-house programs with their CRO to get better conversions. Definitely not the kind of access you’re going to get with the Amazon Associates program