How to make
If you want to earn passive income from online sources, you need to spend at least a couple of hours per day to build your online presence in the beginning.
7 Best Passive Income Ideas to Make Money Online
1. Earn Money with Advertising on Your Blog
Creating a blog is the best way to make passive income online. Neither you can build a niche blog targetting Google Adsense alone, nor you can create an authority website that focuses on different passive income sources.
There are many advertising networks available for bloggers, but AdSense pays a much higher CPM and CPC rate for niche blogs.
Online Passive Income from Adsense
The first time, my blog hit the $100 mark in November 2013. I earned $100, $150 $200, $300 $350 in one day from a single source of income. It’s a fascinating moment when you are hitting one hundred dollars online eaning per day.
I reached $3000 mark in one month from Google AdSense. This earning result doesn’t happen in one month. The first time, I earned from Adsense in February 2011. I started my blog in January 2011. Adsense account was approved in February. The first month of my earning is $10.
The first-year, I earned $550. 2011, I started blogging. By the way, I also made money from affiliate marketing.
The second year I earned $2400 from Google Adsense alone. Then I make $3000 from Adsense in one month. My Adsense earning is passive income method because I posted most of the articles in 2012 and 2013. I still get traffic for those blog posts. So, The way passive income works you need to spend time or money in the early days. And then you can earn money continuously from your income source each month.
If you don’t have a blog, you miss lots of earning opportunities online. You can create a blog for free and professional looking one less than $50 per year. Check out the link in the description. Google Adsense is the best passive income online source, so you only need to spend the time to build your blog and authority on your selected niche.
2. Affiliate Marketing
ShareASale is one of the best affiliate networks. You can promote a different kind of affiliate marketers’ products from physical products to digital tools and services.
Affiliate marketing is an excellent way to make money online. Many bloggers and YouTubers make more money from affiliate commission than advertising income.
Once you sing up in ShareASale account, you can find various merchants in almost every category. Whatever niche you are writing you can find affiliate marketers in your industry. You can earn from 5% to 60% affiliate commission which depends on the products and services they offer. Generally, online tools and services give higher percentage affiliate commission.
Either you can choose affiliate marketers related to your website topics, or you can select top performing affiliate marketers from ShareAShare top Power Rank list.
Whereas some affiliate marketers provide commission only per sale, others give commission per leads and also per purchase.
When you are thinking about passive income, let’s take a look at one of my affiliate site earnings from this network. In March 2019, I earned $20 flat affiliate commission and some 20 cents per leads from Grammarly.com
I think I wrote an article about Grammarly in 2015 January. So that review post is four years old. Since then I earn commission from Grammarly When new people signup Grammarly free or premium account through my affiliate link.
So that affiliate marketing is an excellent passive income source. If you haven’t put affiliate links on your website articles and YouTube videos, you can try and earn affiliate marketing commissions from today.
3. Create an Amazon Affiliate Websi te
Amazon affiliate program is the additional income source for me. I haven’t review Amazon products, but I add affiliate links whenever related products match with blog posts. Many people are building Amazon affiliated targeted sites.
Creating an Amazon affiliate website is the best way to generate passive incomes for years.
Doug Cunnington shared $70,000 earnings report from one affiliate site.
This Amazon affiliate earning report gives some overall idea for you.
He earned 31,000 in 2016 from Amazon affiliate.
In 2017, his niche sites pulled in over $70,000.
That Amazon product niche site earns money without creating new contents for a long time.
You want to succeed in Amazon affiliate, and you should select the right products to promote. You can choose by niche down and at the same time with enough search traffic volume.
4. Flipping Online Business
Flipping an online business is one of the ways to make money online. Last year, I earned $9550 from selling one of my websites. You can see that I reserved the site for $6000, but I received 72 public auction bids and price reached $9550.
For example, if you are earning $300 monthly, you can sell your website between $8000 to $12500. Sometimes you can make more or less money which depends on the various factors like traffic source, website types, audience countries and many more. Every day, many websites owners sell their online business on Flippa.
This seller is listed automated Dropshipping website earning $3400, but Site age is one year old. She is a premium seller. Dropshing e-commerce sites are mostly using Facebook ads to get traffic.
Currently, It reached nearly $20000 but 12 days left to public auction end.
So the site will get more bids and price.
Let’s take a look at another site.
This DIY craft blog earns less than $30 monthly, but it received 32000 visitors monthly and 7 years old. Currently, bids reached $2000 and 18 days left to end the auction. So it may reach more price because it has more than 30000 monthly visitors.
Let’s further look at how can site bring traffic.
90 per cent of traffic is coming from social media. Most of them are Pinterest traffic. You can get more traffic from Pinterest when you post pins frequently.
On Flippa, y
You need to review sites carefully before buying here. If you are ready to start flipping online business, you need to invest money. And then you can earn passive income without doing hard work.
5. Making YouTube Videos
YouTube is another great site to earn passive income. When you are spending times to create lots of useful videos in beginnings, you will make money for works you did in the past.
There are many YouTubers share Adsense earnings report. Many of them earn more than $10,000 per month. You can also make money other sources like affiliate commissions and brand deal.
You can make videos about topics that you know. You can also create compilation videos from creative comments video collection.
6. Sell eBooks
Amazon Kindle Direct Publishing also know as Amazon KDP. You can earn money writing ebooks and sell on Amazon. You can also outsource for creating ebooks through upwork.com, so you don’t need to spend times to write ebooks. When you are hiring freelancers to write contents, you only need to invest money. And then you can start to generate passive income when your ebooks are purchase.
Amazon Kindle ebooks price are very lower, but most of them sales thousands of sale every year.
7. Sell Course
Teachable is another good site to host and sell your courses easily. You can promote your course through your blog or your Youtube channel. You only want to spend times to create useful contents, and then you can earn passive income by outsourcing or facebook ads.
In the beginning, you need to spend times and some money to build an e-commerce business. And then you can make money when you are receiving organic traffic or buy traffic via advertising your products.
These are the proven methods to make passive income online. You can earn at least $100 per day from one income source or using some ideas in one place. For example, when you are creating a blog or YouTube channel, you can use other monetization methods like affiliate marketing and course selling on your website and YouTube Videos.