In this article we are discussing creating a passive income
online. Investment of time and money is initially required
to build a passive income online, then possibly minimal
Types of passive income streams to build online:
1. Affiliate Programs - passive income is derived from
setting up a web site that presells a companies’ products.
The parent company provides the products, tracks the sales
and gives you a commission for each sale.
2. Information Products - the web is great place to create
an ebook that explains 'How to" information ie How to start
an online business, How to buy a car without getting ripped
off..anything that makes life easier for people.
3. Creating software products - if you have a good idea for
a software product that will help people do something
faster, easier or teach them something, then you may have a
4. Advertising commissions - if you have a web site that
attracts 1000s of visitors a day from the search engines,
you can offer to place a banner or link on your site for a
fee that you collect each month.
5. Pay Per Click Campaigns - you can make money instantly
by setting up a Google AdWords campaign for your product or
6. Referrals - create a network of people that offer
services or products related to your business. Ask for a
commission every time you refer someone.
7. Create a membership site - if you are an expert in your
field and can provide the resources, knowledge and support,
you can charge a monthly fee to gain access to your
8. Become a Reseller - by reselling other people's services
you can earn ongoing residual income.
Conclusion: Building multiple passive income streams is a
great way to secure yourself for the future.
I believe the possibilities for online income are literally endless. It's all about creativity and ability to test and tweak. Some people cry out loud that AdSense is dead - I don't believe them. AdSense just got smarter, and Search Engines did as well. Auto-generated websites aren't as profitable as they used to be, and those who didn't change their attitude to AdSense game, have all the reasons to believe in the death of AdSense, indeed.
Eventually Quality content, Quality traffic equals good payouts.
by easyspeak 8 years ago
The assumption with creating hubs for adsense is that it will eventually become passive income. Which means that the more content your write, the more you build on that passive income.This also should mean that adsense earnings can/should only go up.Has this been true for everyone?
by Futture Now Man 9 years ago
Do you have enough knowledge to teach others. Let me know. Also would anyone like to get paid for their knowledge like giving me a personal guide.
by Lisa Vollrath 4 years ago
Friends, it's been an interesting two months since I migrated here from Squidoo, but I've decided HubPages isn't the place for me, or my content. Starting tomorrow, I'll begin the process of moving my hubs to my own web sites. (Including today's Hub of the Day, which is my second this month.)For...
by Jennifer Crowder 7 years ago
I wrote 2 hubs on passive income but I want to know passive income in your own words and how much you are making on passive income??
by bankscottage 6 years ago
What is your definition of passive income?I have seen a few Hubs recently refer to earning passive income from doing things, including writing Hubs. To me, passive income is what your get for doing little or nothing such as dividends from a stock or interest on a savings account. It is...
by Casey Johnson 2 years ago
Does anyone have any good ideas for making passive income?I've transitioned over from working for the man and I now stay at home and let money work for me. Do you have any good ideas that you would like to share on how you make passive income?
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