Earning Residual Income Online: A Quick Guide
Earn Residuals and Have Fun Doing It
By working and planning, you can earn residual income online through a number of different ventures. With passive income, your work will continue to earn money for you long after you've the actual work. You can earn residual income online in several ways, including publishing affiliate links and creating your own Web content. Always keep in mind that with every residual income opportunity, you must not rely on it exclusively. Keeping several lines of income is vital to the process.
Use Affiliate Sales and Advertising
To build residual income, create your own site where you can make money with affiliate links and advertising. Setting up a free blog is easy, and it will allow you to earn money online every day with the affiliate links and AdSense ads that you publish. To earn with ads, sell advertising on your site through Text Link Ads as well as other ad sites and place Google AdSense on your site.
The ads that you place on your site may be tiny trickles of income at first, but they certainly add up over time. Think about how much you can make if you put many inexpensive ads on several different niche websites. With earning residuals, never discount a money-making stream of revenue just because it's small. If you have 30 small trickles of income, you have a river of money flowing in.
Plan for your Online Earnings
Plan your residual income by it in advance, and take measures to keep from relying too heavily on one source of income, such as Google AdSense. Any source of passive income online can dry up at any time. This may happen because sites that shut down or because of demand changes and makes a site obsolete. Start the planning process by making a list of sites that offer their members residual income. Then, create a daily plan for creating content and building income on the sites.
Create Revenue Share Content
Create Web content for sites like HubPages, Suite101, InfoBarrel, Firehow and Bukisa. All five of these websites offer their members residual income that builds up over time. How much you make depends on the amount of content you create, the quality of your content and how many people are interested in your topics.
You don't have to have any writing or publishing experience at all to write for HubPages, FireHow, InfoBarrel or Bukisa. All four sites accept most original content and they all share with you the income that your content brings in. Suite101 does require some writing experience, and high-quality writing samples must submitted to be accepted.
- Write for HubPages
HubPages is your online space to share your advice, reviews, useful tips, opinions and insights with hundreds of other authors. HubPages is completely free, and you earn online ad revenue!
Sell a Digital Product
Create your own, unique digital product, such as an ebook to sell online. Set up a website to sell the item, and you can make a residual income from sales as long as people keep buying your product. You can also sell it on a third-party site like ClickBank or Lulu.com. Many people make a significant portion of their online income this way. This way of earning passive income online does require regular marketing, however.
One way to do this is to create informational articles that will send people to the site where they can buy your ebook or software. The beauty of this marketing process is that you can write articles and other content that will both make money by themselves on revenue sharing websites as well as direct people toward the digital item you have for sale.
Bookmark Your Work and Earn Money
Bookmark all of your content, every little bit that you create, with Xomba. This gives you residual income in the form of AdSense revenue sharing from Xomba. When you bookmark the items that write, this brings traffic to your work, and that earns you money. Ant, those bookmarks also make money all by themselves. Bookmark your blog posts, your product sales sites and the marketing articles that you write. All of these will earn passive income for you that comes from many different sources- but it all leads directly into your pocket.
- Work from Your Home
Here are a dozen ways to legitimately make money from your home.