One of the great parts about the online world is that a website and its domain name is like real estate - It can go up in value over time. In fact, sometimes just the domain name without the developed business can be worth quite a lot to some people. Of course, like almost anything mentioned here, the necessary know-how is required. If you’re willing to put some time into it, then you can earn a nice online income. So far I sold 4 domain names with an average price tag of a couple of thousand dollars. Nice income, considering I bought each domain for around $10….If this income stream interests you, check out flippa.com - It’s one of the best marketplaces I know for selling websites or domain names.
As of 25th May 2018, the European Union will enact the General Data Protection Regulation. In effect, the regulation intends to give website users complete control of their personal information. This includes giving users the right to access any information website owners may hold about them. As well as the right to be forgotten, so that all personal information of the user that is held by the website owner, is deleted upon request of the user.
Peter De Legge is an Internet Strategy and Marketing Consultant with over 10 years of marketing and e-business experience, primarily in the business to business arena. He has held marketing, advertising and e-business strategy positions from medium size to the Fortune 250. To learn more about his services, visit his Web site at http://www.businessmarketing.net. 
10. Commission FactoryThe purpose of Commission Factory was to make performance-based marketing available to everyone and not require a steep learning curve in order to get involved and be successful. The platform has been designed to foster a spirit of collaboration between Merchants, Affiliates and Agencies in order to grow mutually beneficial and prosperous relationships. Because they have little to no barriers to entry Commission Factory has an enormously fast growing user base that enables companies of all sizes to discover the power of performance marketing.
What is important is that you understand that affiliate income grows because you show your readers how much they need something if they want to achieve a certain goal, and you do it over and over again. In some industries there are must have products if you want to master certain things and you can mention these products over and over again as you write new blog posts.
Using ad networks like adsense doesn’t prevent you from targeting advertisers directly. In fact, that’s how I started; I searched the net for potential advertisers who advertised products relevant to my content and offered them yearly packages. If you choose this option, bear in mind that you’ll need to provide traffic reports and other site statistics.
Great post to start the week. I have been an affiliate with my web host for a few years and earn commissions sharing the services. The same man owns a fitness program and I am a founding member there also. Both programs are less than $10 a month so you need to build a large team and help that team duplicate to earn commissions that will let you work full time from home.
It's easy to get started. As soon as you are accepted into the program you will be given access to our full Partner Portal where you can build the forms, links and other premium content to place on your website. We provide many easy-to-integrate options that will allow you to go live and start earning commissions right away. Contact our Partner Development Manager to get started today!
An Earlier Retirement. If you can earn enough passive income – from one stream or, better yet, from several – it can replace your paycheck altogether, making you financially independent. This would give you the option of retiring early, or perhaps quitting your current job and taking up a new career that interests you. Making this much money solely from passive income doesn’t happen for most people, and it doesn’t happen overnight – but it is possible.
AffTrack is a platform focused on tracking the clicks on your affiliate links. More than a tracking system, it helps businesses of all sizes power their network through applications offering prospect management CRM, device targeting, geo targeting, suppression file management, free proxy detection, and invoicing. With its customizable interface and complete selection of functionalities, you wouldn’t have to worry about finding additional integrations to make sure it suits your existing system. To utilize their platform, you may choose from their five pricing plans. It ranges from $99 to $799 a month that is differentiated by the number of clicks it can track–with 100,000 clicks being the smallest and unlimited being the largest.
Some of the opportunity in this niche is going to be referring people to luxury brands that have higher order values than we might seen on Amazon. I can’t disclose the person or the site, but one of my colleagues is in one of these niches and reported significant revenue increases from testing other affiliate programs against Amazon–before Amazongeddon.
Simplified Communications. Coordinating is one of the most challenging aspects of marketing. This is even more difficult when you are working with individuals who are not employees of your company. With Ambassador, you can use tools that permits affiliates and brand ambassadors to access your promotional resources through a portal and allow partner agencies to directly enter leads into your CRM. This way, you won’t have to worry about forgetting to provide links or send payments.

Excellent list. Shareasale has been my best performing from the list. Another strategy I’ve used is to contact individual companies and ask about their affiliate programs. Some companies run in-house affiliate programs, which means they have a select few affiliates that they work with. Such companies can be quite profitable to work with as you’ll be competing with way less affiliates.

Merge Marketing With Accounting. Apart from giving you real-time reports on your marketing campaign’s effectivity and profitability, AffiliateWP also helps with accounting responsibilities. It provides detailed payout logs and even lets you export all your data to CSV file for forecasting, bookkeeping, and accounting purposes. Meaning, you can save time and energy on back-office duties because you won’t have to manually input your data in a different software.  


I agree with you that one of the best and well known autoresponders out there is Aweber, but its price is not cheap. Considering that, have you ever tried E-response? this autoresponder is far cheaper than aweber and the other well known autoresponders, but I wanted to have your opinion about it. Is it worth giving this autoresponder a try? thanks in advance.
Investing in coins and collectibles: Buffalo nickels and Spiderman comic books are good examples of coins and collectibles that can rise in value, and thus offer opportunity for passive income investors. You'll need to get up to speed on the value of any coin or collectible under consideration, but once you do so, you're on the way to price appreciation on a commodity you'll be paying a lower price to buy, and will garner a higher price when you sell.

To start your affiliate marketing journey, make sure you sign up for my Affiliate Marketing Masterclass, which will walk you through five steps to finally begin generating an additional passive income stream using authentic affiliate marketing strategies I’ve used myself. Click the link below to sign up for the next Affiliate Marketing Masterclass:
SEO – Another popular method of promoting affiliate products but also the most difficult is Search Engine Optimization. SEO is the process of improving the visibility of a website or a web page in search engines via the “natural” or un-paid (“organic” or “algorithmic”) search results. SEO doesn’t bring results instantly but it can be extremely rewarding in the long run.
The only question is, which internet marketing company provides the best deal with the highest payout? How to make money online with affiliate marketing? Before you join any of this programs, you have to understand that the key to success is not to target the one with the highest commission rates per sale, your focus should be to build up your traffic.

Seth Godin recently wrote a post on marketing ethics at his blog that has marketers talking. I applaud Seth's passion and his clever way of addressing marketing ethics in his book "All Marketers are Liars." It's a topic our profession needs to dialogue on and care about. I realize that business ethics books don't sell very well, so I'll keep this short and hope you'll look at Seth's post.
For the best results, you need to have your own website that contains the product or keyword you are promoting. For each product brought from your site you will earn a handsome commission. Additionally, very many people are registering with eBay. You will get around 25 to 35 bucks for every person who registers from your site. For advertising, you can use different tools such as creative tabs that have colorful graphics interactive ads that you can place on your website or blog you attract visitors to come to eBay pages.

Investing in a business: Another good way to generate passive income is to invest in a business --even a small one -- in return for a percentage of the profits - just like Shark Tank, only smaller. Lending $10,000 to a local business that, for example, is working on a mobile app for Apple phones could lead to a passive income-generated share of the profits when that mobile app starts selling like hot cakes.


There are lots of Amazon affiliates in this space, mostly because it’s a strong hobby (i.e. passion) niche with tons of products. Which is good, since tons of these big stores are very general in nature, making it possible for big outdoors sites to possibly even pick one or two stores to recommend (this, in turn, might have other advantages, too, like negotiating better rates with those brands).


Start an affiliate marketing website: This passive income model works for individuals who already own a bog or website. Here, your business goal is to contact companies and offer to tout their products and services, usually for a fee or a commission, based on the number of page views you get. Studies show that more people spend time online and less watching TV or reading the newspaper. Take advantage of that leverage and earn income from the tens of thousands of companies who want to reach an audience - maybe your audience. Either reach out to companies directly or go through a site like ClickBank, which offers affiliate marketing opportunities.

Affiliate marketing is a well-known and relatively easy concept – a marketing practice in which a business rewards one or more affiliates for each customer brought about by the affiliate’s own marketing efforts. While the theory of affiliate marketing is simple, it’s not an easy task to market affiliate products successfully. Most affiliate marketers typically only earn a few dollars of supplemental income a month, while the more experienced marketers earn well over six figures a month.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.
You can put up banners on your site, to promote your affiliate offers. Most affiliate programs will usually provide their own creatives when you sign up for their offers. All you have to do is insert the banner on a highly trafficked page (your affiliate tracking is usually embedded within the code). Banner ads in the right locations can do a great job of driving sales.  
HasOffers is a cloud-based performance marketing platform used by large enterprises globally. Geared towards measuring, analyzing, and optimizing your affiliate program, this software integrates mobile and desktop data to help you manage your campaigns seamlessly in one platform. You can utilize their software for as low as $279 a month when you choose from their monthly subscription plans but they also offer tailored pricing depending on your needs. For your convenience, they offer a free trial of their software to help you gauge whether or not it is the right fit for your company.
PopAds is one of the most searched Pop-Under ad networks. It gives out one of the most lucrative Recurring Affiliate Programs wherein you will get an opportunity to refer publishers and advertisers to its full-fledged advertising network. Their service is super-fast, efficient and highly secure. The minimum payment for PopAds is $5 payment is done via Paypal, with a payment frequency is customised (request) or automatic.
Convertkit is the top email marketing tool choice among bloggers and creators. It offers 30% lifetime commission and offers payment via PayPal. The automation and segmentation feature of Convertkit makes it an outstanding tool and that’s why I also use it here on ShoutMeLoud, The affiliate team is also very active and they keep running new promos that help you scaleup your affiliate game.
You have a strong online presence. Of course, finding affiliates is only one aspect of starting this marketing program. To secure a partnership with these people and organizations, you must first have a good online presence to prove the credibility of your company. You can do this by consistently producing valuable content through blogs, social media, or your website. This makes it easier for potential affiliates to trust you and join your program.
In this example, a blogger might put this link on their blog to try to get their readers to click through to your “blue widget” page and hopefully buy something. If the visitor who clicks on this link actually buys something, affiliate tracking software will automatically (usually – depends on what system you are using) pay your affiliate a percentage of the sale.
One of the great lessons of the dot com era was that you can’t buy your way into a successful brand with mere dollars and awareness. After all, awareness doesn’t equal preference or sales. Those who attempted to “build their brand at breakneck speed” only ended up breaking their brand’s neck. Great brands are not built from ad dollars, although there are always marketing and advertising
GM and Frito-Lay and their agencies have recently figured out a great way of getting consumers more engaged with their brands, leveraging the new found power of the consumer. It's a great lesson in integrated marketing communications and engagement for all marketers.Both brands are running contests for consumers to create homemade commercials (also referred to as consumer generated content) for
Which parts of my site are the most effective? How do my customers navigate from A to B? How do visitors find my site, and what makes them leave again? For all these questions and more, web analytics can provide the answers. Web analysis tools such as Google Analytics use sophisticated technology to track all actions on your website and allow you to draw insightful conclusions about your target...

Hi Anthony, YES, there are affiliate programs for plumbing and heating. Faucet.com and HomeDepot both have affiliate programs that you can join and earn a commission. Now, obviously, if customers need very specific parts only, this may be an issue. But, I know marketers that make a nice income using sites like the ones I mentioned and others. I would front it with your own website and build a following. These are things discussed within the Wealthy Affiliate program, how to build a website and earn money in something you’re passionate about. Check out Wealthy Affiliate. It’s free to join… Read more »

Fundraising software is a variety of tools developed to make fundraising efficient, effective and easier for your organization and donors. This is utilized by organizations to streamline fundraising efforts and ease logistical challenges to focus on establishing stronger donor relationships and driving more donations. It comes in various types depending on the campaigns you are…


18. Olavivo Olavivo is a boutique affiliate network, with a focus on E-commerce, Health and Beauty and Cryptocurrency verticals. Our network promises dedication, transparency and unique technological capabilities with the highest level of personal and professional service. Join us today and get more bang for your buck. When you succeed, we succeed.
Yaro…Thanks again for some great information. I’ve been following you since I started blogging over a year ago. Unfortunately I haven’t had the funds to go all out and join in on your coaching and such, but I have really enjoyed reading all your free content. Your blogging has inspired me to stay with it and keep on plugging away. I have thought of throwing in the towel many a times, but you have always seemed to have great things to say to keep me going and I thank you for that. I emailed you when I first started and asked you for your advice to get me going, not really thinking I would get an email back from such a seasoned blogger, but you did! Your advice to me was to keep writing as much as I could. Write an article a week for 6 months and see what happens. Well your advice has payed off, maybe not so much in my pocket but as far as traffic, pretty good I think. Your are an inspiration to the blogging community and I’m looking forward to more great stuff!

Instant Setup. In the world of business, no one can afford wasting time on installing a software. With Voluum’s instant setup, you can get easy access to zero data limits, real-time granular stat results, and state-of-the-art redirection technologies. Should you experience difficulties with the setup or problems with operating the system, they offer email and live support for their users.
Please be aware that some of our services provided may list estimated dates and timelines for delivery or completion. Although we always attempt to deliver all services by the date provided, these estimates are merely good faith estimates and are non-binding in nature. We reserve the right to modify, alter, or extend any estimates at our discretion. We will not be held responsible or liable for any failure to provide any services before any estimated dates.
SOLVID DOES NOT REPRESENT OR WARRANT THAT THE WEBSITE INCLUDING THE SERVICES WILL BE ERROR-FREE OR UNINTERRUPTED; THAT DEFECTS WILL BE CORRECTED; OR THAT THE PLATFORM OR THE SERVER THAT MAKES THE PLATFORM AVAILABLE IS FREE FROM ANY HARMFUL COMPONENTS. SOLVID DOES NOT MAKE ANY REPRESENTATIONS OR WARRANTIES THAT THE SERVICES OFFERED ARE ACCURATE, COMPLETE, OR USEFUL. SOLVID DOES NOT WARRANT THAT YOUR USE OF THE PLATFORM IS LAWFUL IN ANY PARTICULAR JURISDICTION, AND SOLVID SPECIFICALLY DISCLAIMS ANY SUCH WARRANTIES.
Advertiser Disclosure: The credit card offers that appear on this site are from credit card companies from which MoneyCrashers.com receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. MoneyCrashers.com does not include all credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, U.S. Bank, and Barclaycard, among others.
I would honestly just start with Amazon if you’re looking to sell toys. As your website gets more traffic, you can start looking into other retailers. Once you have traffic and some conversion data from Amazon, you will likely be able to broker private affiliate retails with a few toy retailers. You may even be able to help them set up better funnels in general that lead to better conversions. Once you have the traffic and conversion data, you’re in a much better place to negotiate
It's easy to get started. As soon as you are accepted into the program you will be given access to our full Partner Portal where you can build the forms, links and other premium content to place on your website. We provide many easy-to-integrate options that will allow you to go live and start earning commissions right away. Contact our Partner Development Manager to get started today!
4. Leave your mark socially. If your business isn’t on any social networking websites, then, well, you're living under a rock. Facebook, Twitter, StumbleUpon, Digg, and many other sites are the key to reaching your target audience and engaging them in insightful ways. Additionally, while you may have a social media presence, you may not be using it to its full potential.
Thank for this awesome post Yaro, I love the detail of your post. I just made my first affiliate sale and it landed up putting me in my first leaderboard. It was a really nice experience and I felt proud about the achievement. One thing I can say is, offering extra added value to affiliate offers is the way to go and increased my conversions so much.
In order not to succumb to that, Flynn says it’s important to know your motivation. “Passive income is important to me not just for the financial security but so I can spend time with my family,” he says. “I’ve been able to work from home and witness all my kids’ firsts. I have a one-year-old and a four-year-old, and that's what drives me and gets me pushing through those hard times and why I keep creating new products and why I want to help other people do the same thing.”
Now I’ve been using Swagbucks for a while and have found the money works out to just under $2 an hour so this isn’t something that’s going to make you rich. You’d have to work 2,500 hours to make $5,000 so that’s about three and a half months, non-stop. The thing with Swagbucks though is you can do it when you’re doing something else so I flip through surveys and other stuff while I’m cooking dinner or flipping channels.

Hey there, I’m Mahesh (@maheshone). I started learning and doing and experimenting web 2.0 stuff back in 2004 and eventually became a full-time computer nerd after graduation. Minterest is a digital marketing and technology journal that I founded in 2007 to feed my super curiosity (oh yeah, I’m a solo-blogger). I write about tech, marketing, and everything in between that excites me. And I love to work with small businesses to help them get the most out of the web. Outside of that, I'm equally passionate about the financial markets and I also spend a lot of time doing random things (see random facts about me). Say hi: @maheshone. Read More »
I was looking for great affiliate networks and wanted to know that which are the top 10 marketing networks. Then I read complete article. I was amazed to see that ClickBank ranks 1st among top 10 affiliate marketing networks. I’ve bookmarked this and want to read all other posts but due to time shortage I couldn’t But I’ll come daily to read every post one by one. Thanks admin for sharing such a great post with us.
Social media marketing on its own is free to use, as is content marketing if you’re creating and managing the content yourself. Several email marketing platforms have free plans for your first few hundred or thousand subscribers, giving you time to get your revenue increasing before you have to start paying. There are even free keyword research tools like Google’s Keyword Planner that can help you optimize your site at no cost.
Bowtrol Probiotics, our long time top performing affiliate offer has been redesigned and conversions have doubled. Each Bowtrol capsule contains over 8 billion good bacteria, with over 14 different strains that target every aspect of your health and give you a natural way to achieve digestive balance, increase your healthy bacteria, and significantly improve your immune system. Market this one today if you are not. Our new CPA has also increased up to 60% rev share.
With Google AdSense, you can earn passive online income from your website by showing ads that are relevant to your visitors. The great thing about Adsense is that Google does most of the hard work i.e., they find the advertisers, pick the ads, track the clicks, and even deposit the earnings straight to your bank account each and every month. No wonder that 65% of the top 200 websites that show ads use AdSense.
We will NOT be held responsible for any search engine penalties your website may receive if you don’t follow search engine’s guidelines, including (but not limited) to spammy comments, heavy and spammy linking from guest posts, spammy guest blogging, publishing poor quality content with a sole intent to gain backlinks, buying or exchanging backlinks, etc.
Even if each patron only contributes a very small amount each month, it can still be a huge source of income. Take a look at the Patreon page for Kinda Funny, an internet video company. They have over 6,209 patrons which means an average of just $3 a month would be a monthly income of almost $19,000 – plus they get cheerleaders that are always happy to spread the word on their brand.
Pay-Per-Click is also considered as widespread and common affiliate agreement. Under this agreement, the affiliate marketers will get fixed rates depending on the number of clients who click on the links placed on the affiliate website that leads to the merchant website. Here a purchase is not necessary to earn commissions, all that has to be done is that the client clicks the link and stays at least thirty seconds on the merchant website. Regardless of what the visitor does on the merchant site, this will not affect the commission.
It is probably the biggest digital products marketplace online. Clickbank uses a very helpful measure called ‘gravity’ to represent how well a product sells, based on how many sales have been made and how recent these sales were. There’s one thing you want to be aware of though! ClickBank will withhold payment of any balance until an account shows a minimum of 5 sales using at least two types of payment methods. Not only that, if you made a sale but had no earnings for an extended period of time, your account will be subject to an ongoing penalty. This means that your affiliate earnings can potentially drop to zero. Nowadays, I rarely promote Clickbank products.
Your customers, prospects, and partners are the lifeblood of of your business. You need to build your marketing strategy around them. Step 1 of marketing is understanding what your customers want, which can be challenging when you’re dealing with such a diverse audience. This chapter will walk you through (1) the process of building personal connections at scale and (2) crafting customer value propositions that funnel back to ROI for your company.
So, I recommend before mastering all the other basics of internet marketing you really take time to look at what makes a great website. Think about websites that you use frequently… What makes them easy to use? How do they layout their menu options? What design style do you like? What makes it easy to read? Once you have figured this out and built a great website, it will be much easier to master the other basics of internet marketing.

Logan is a CPA with a Masters Degree in Taxation from the University of Southern California. He has been featured in publications such as Debt.com. He has nearly 10 years of public accounting experience, including 5 with professional services firm Ernst & Young where he consulted with multinational companies and high net worth individuals on their tax situations. He launched Money Done Right in 2017 to communicate modern ideas on earning, saving, and investing money. A year later, he launched Blogging Done Right to teach others how to create their own money-making blogs.

When you see the phrase “passive income” in an article, it’s often referring to money earned from passive income investments, such as dividend-yielding stocks or peer-to-peer lending. However, investing is only one way of earning income when you’re not working. There are a variety of other ways to set up a passive income stream by putting in an initial investment of time, money, or both – and there are even a few that don’t take very much of either.
As an affiliate for Boatbookings, you will receive 20% of their revenue - effectively meaning your commission will be about 4% of any sales from your referrals.  You also receive 10% of any commissions Boatbookings make on repeat customers who were your referrals. They do have a minimum charter value of 3,000 ($/€/£/etc) before commissions are earned.

While there may be many ways to promote products nowadays, nothing beats classic word-of-mouth advertising. This is why ReferralCandy, one of the top 20 affiliate marketing software solutions, was created. An eCommerce store plugin, it lets you turn customers into advocates by rewarding them for telling their friends about your products. Marketed to small and large companies, this platform lets entrepreneurs provide incentives for referrals in various forms, such as cash, store credit, discounts, or free products. You can take a 30-day risk-free trial to see if ReferralCandy is a perfect fit for your company’s needs. Subscriptions start at $49 to $3999 a month, with the latter billed annually. In addition, they charge monthly commissions on top of their base fee that increasingly lowers as you reach referral revenue milestones.
© 2006 - 2018 & 2019 GeckoandFly. Some of the content is copyrighted to Geckoandfly.com and may not be reproduced on other websites. If we made any mistakes, email us at geckoandfly {a} gmail, we apologize in advance. United States USA | United Kingdom UK | England | Scotland | Canada | Germany Deutschland | Australia | France | Italy | Spain | Sweden | Ireland | Belgium | Portugal | Denmark | Switzerland | Austria | Poland | Netherlands | South Africa | Japan | Privacy Policy

To start your affiliate marketing journey, make sure you sign up for my Affiliate Marketing Masterclass, which will walk you through five steps to finally begin generating an additional passive income stream using authentic affiliate marketing strategies I’ve used myself. Click the link below to sign up for the next Affiliate Marketing Masterclass:
A key concern of online content creators is: how can I make money from the work I produce? There are many answers to that question, and while there are no right or wrong ones, per se, affiliate marketing programs are a respectable option; they are efficient at generating results, for both creators and brands, and are easy to get started with. When it comes to monetizing your efforts then, whether that’s video content, a website, a blog, or a social media channel, some of the biggest brands out there will pay a commission for every customer you refer to them.
Whether you are looking for tools to help you build an affiliate network, increase your brand’s visibility, or monitor your campaign, some if not all of these applications would surely be able to cater to your needs. In this article, we have listed the 20 best affiliate marketing software solutions to help you find the ideal one for your scheme. The applications mentioned here were selected based on their comprehensiveness, mobility, ease-of-use, robust features, unique inclusions, as well as value for money.

M1 Finance: M1 Finance allows you to modify your investment selections whenever you’d like, giving you the freedom to play a bigger role as an investor. At the same time, M1 does the work of balancing your investments for maximum returns. M1 charges no fees, not even trading fees, and it lets you borrow against your account with considerably low interest rates. Read more about M1 Finance in my company review and consider signing up for M1 today.
Offer your visitors the chance to be one of your email subscribers. This is a good way for them to know what the products are all about. Sending out monthly emails to people will give them better ideas on what the products you are promoting are all about or if there are any new changes as well as new products coming in. Offer your subscribers some freebies, promos, discounts and the likes as incentive for signing up. Not only can you send out great information, it also keeps you in communication with your customers. This will give you better leverage in the future.
The average commission rate is $58 per the Shopify website. Shopify’s commissions are paid according to different metrics. For instance, if a referral signs up for the Shopify Plus enterprise plan (the highest tier), the payout is a flat $2,000. Referrals who sign up for the standard plan earn a $598 commission. The payout for a Basic account is $58. Commissions are calculated as follows: you will earn two times the monthly rate but only two months after the user has been a paying customer.

To make money with a membership site, you need keep adding fresh content each month, so existing members have an incentive to keep renewing their subscriptions. On top of that, you need to put time and money into marketing your site – through ads, interviews, blogs, podcasts, and search engine optimization – to attract new members. All this can make a subscription site less a source of passive income and more of a full-time business. As with other types of websites, you can pay someone else to maintain and market a site you’ve already built – creating a more passive income source – but, as always, that cuts into your profits.
While building apps for Apple (or Android) mobile devices can be a lucrative way to generate passive income online, it's not as easy as many people make it seem. Beside the fact that it’s hard to get your app noticed among the millions being released every year, most people expect apps to be either free or very inexpensive. In fact, a recent study found that only 11% of apps are paid for. The number of paid apps will only decline over time as more players join the market. The key, like many of the business model mentioned here, is to be strategic and creative from the very start. There are a few ways to monetize your app and keep it free for users. Examples include advertising, premium services, and sponsors.
×