Making passive income with your website or blog is not just about writing articles or putting up backlinks to directory submissions. Although this is a good way to attract visitors to your website, ways of earning money online go beyond article writing. If you are not that good with writing articles, then here are other ways for you to make passive income with your website.
Affiliate Commission
Reviewing membership products are one of the best ways to earn recurring commission from an affiliate program. Commission Junction and Clickbank are two of the most well-known online companies who offer this kind of opportunity to make money. What you need to do is to write a compelling review of the affiliate program's products or services. Then, enter your affiliate link to your article, and wait until the earning process begins. When somebody reads your article, clicks through the link and buys the product your affiliate company is offering, then you get a commission.
Forums
Whether you add a forum section to your existing website or create a forum website alone, there are a few tricks that you can do for you to make passive income. One of the simplest ways that you can do is to put ad links on your forum from publisher networks you are connected with. A forum is less work in terms of writing content. This is because the people posting on your forum are the ones who are technically filling up your website with valuable content. Search engines can drive people to your website and chances are, there will be a good percentage of people who are going to click the ads. You can also earn money by offering paid memberships to your forum. Members will be given additional benefits and access to more features.
Outsourcing
Outsourcing can be your best friend or your worst enemy when it comes to managing your online business. You can always hire someone else to do the job while you attend to other business matters. However, if you are not careful and you lose control of things about your business, then you might end up losing your business after all. Bear in mind that when you outsource, you hire competent and honest people who can get the job done efficiently without getting you broke. If you think it would be cheaper for you to outsource than to do something on your website yourself, then go ahead and try outsourcing the task. This would give you more time to do other things, like thinking of other ways to make passive income.
Domain Buying
This is a relatively new passive income generating idea. As a businessperson, you have to be open to new ideas and have the guts to try them. With domain buying, all you need to do is to purchase domain names that are potential traffic magnets. When you say potential domain names, these names should be logical in the sense that people would often search them word for word on search engines. Once you have these domains, you turn them into parked ones and begin to make passive income by putting up ads or affiliate links.
Software
You do not need to be a programmer to come up with a great software that people will patronize. If you have a brilliant, useful, and feasible idea for a software, you can go ahead and outsource someone to put it together for you. Once you find someone to do it, your job is to look for an unsaturated niche to sell your software to. Just apply the supply and demand theory and you are on your way to tapping an opportunity to make money. Online business is just like any other business. Sometimes, you have to think outside the box, get your creative juices flowing and think of new things that can make things easier or better for other people or for you.
Daniel Dwase is a well-known home business and financial freedom mentor who has helped thousands to earn money online. Get his FREE money-making step-by-step guide and Make $1,000 A Week!
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