Passive Income Opportunities From Blogging
People are looking to make a few extra dollars in any way that they can apart from the fixed income from full time job. For some, they have chosen to go to the Internet to make these extra funds and may decide to try their hands at blogging. There are many who talk about earning passive income from a blog, which is possible but it will require some work to get to the point where you can earn passively.
One of the first things that a person needs to do is determine a niche that people are going to be searching. There are many tools that help determine keywords and which ones may provide the best results. The reason that you need the traffic is that the more people who come to your site, the easier it will be for you to start earning passive income from your blog.
Paid Ads – One can place many different types of advertisements on their website. Some of these are ones that you place some web code onto your website, it will cycle different ads, and you will make money when people click. You can also choose to sell advertising space on your blog to complimentary products. If you choose to do the second, be prepared to provide statistics about how many visitors you get and other relevant information.
Affiliate Marketing – Another passive income opportunity can come from affiliate marketing. This is when you promote someone else’s product on your website. If someone buys it, you make a commission from the sale. One thing to be aware of is that you do not want to promote every product out there, as people will not buy from you if they do not trust you.
Create your Own Product – You may decide to maximize your passive income opportunities by creating your own product, such as an e-book on something that you are passionate about or something you are knowledgeable. Another thing that you can sell through your site is stock photography or web templates for popular platforms. There are many products that people can create the others are looking to buy.
Sell your Site – If you have been working on a blog for a while and it is just not working for you, or you would like to move on to something else, you could sell your site. How much you get is dependent on a variety of different factors.
Content – While it may seem that blog content may only make you money while it is current, depending on your niche, you find older posts generate more income than newer posts. You never know when someone might decide that they want to look up something you spoke about a year ago or when your results might come up from a search engine.
While none of these steps may seem exactly passive, the idea is that you only have to do the work once for you to earn income from it. With all of the opportunities above, you must do it once, although you will need to make sure that you keep your blog current.