<a href="http://onlinehomeincome generic cialis 100mg.org/wp-content/uploads/2014/10/Online-Passive-Income.jpg”>If you’re looking to create passive income but don’t have a lot of money to invest upfront, then online passive income is the way to go. Traditional passive income sources include rental income, writing a book, annuities, or stocks and bonds. All of these methods require a huge upfront investment, which not everyone has.
For that reason, creating online passive income is your best option because you don’t need a lot of money to invest. You also don’t need a lot of technical skills if you know the right place to start.
I am going to show you a simple way to create online passive income. Even more importantly, I will show you how to get started today for FREE.
The two most common ways to create online passive income is through affiliate marketing and blogging. Affiliate marketing is where you promote products on your website and earn a commission when someone buys. Instead of choosing between affiliate marketing OR blogging, I recommend combining the two.
How do I combine Affiliate Marketing and Blogging?
When blogging, you write regular articles or “blogs” for your audience. When you set up your blog or website you should have a particular niche in mind. A niche is a group of people with common interests, passions, or problems. For more information read Internet Business Niches.
Target your blog posts on the wants and needs of your niche and you will quickly see your audience grow with passionate followers. You add affiliate marketing to your blog by finding products that will improve the lives of your audience.
If you try to sell products, your audience will see right through it. If you find products that will improve their lives and solve their problems… they will thank you. Your audience will not only thank you, but they will tell their friends as well.
What do you need to create online passive income?
In my post Make Money Online for Beginners I go into more detail on getting started, but to summarize you will need:
- Niche (a group of people with common interests)
It is best to choose a niche that is also one of your hobbies or interests. It will be easier to keep your blog/website going and you will make money talking about something that you enjoy.
- Website or Blog
Wealthy Affiliate has a Free Starter Membership that will let you create 2 websites for free. There are a number of paid services that give you more options as well.
- Content (articles, images, videos, blog posts, etc)
Content can be in the form or articles, blog posts, images, videos, forums, etc.
- Website or Blog Traffic
Even the best blog in the world won’t do anyone any good if no one can find it. Different ways to get visitors include search engine optimization, social media, email marketing, pay-per click advertising, backlinks, or a variety of other creative ways.
- A Way to Monetize your Website
There are a number of ways to make money off your website/blog. The most common ways are affiliate marketing, selling your own products, selling advertising space, or Google Adsense
- Training and Support
Whether you’re a newbie or experienced internet marketer, you’ll have much better success if you surround yourself with the right people. If you want to maximize your success… get the right training and support.
All of these things can be easily learned so don’t get discouraged if you don’t have any prior experience.
How does this create passive income?
Creating a website or blog does require an investment of time. Once your website is up and running, it can generate online passive income for you.
For example, as I was writing this article I received a notification that I made a sale from a post I created several weeks ago. When I wake up in the morning I usually check my accounts to see how many sales I made while I was asleep. Finally, when I got home today from my daily routine I learned that I received new email subscribers who visited my website. I use these email lists to keep my audience updated on new posts or products that I think will benefit them.
Creating a website/blog does require work. Creating and updating content also requires work. However, once you have everything set up correctly, you can earn money months and years into the future from work that you do today.
Beware of Online Scams
I developed 8 Signs of Internet Scams as a guide to prevent getting entangled in scams and rip-offs. I bring this up because there are a lot of crappy products and systems out there. To find a good program, you must often sift through the scams to find something worthwhile. The reason why scamming people is so successful is because they tailor to what people want, not what they need.
What do I mean by this?
I will illustrate this point with an example from the weight loss niche. If someone is trying to lose weight, all they really NEED to do is exercise more and eat healthy. But what they WANT is a weight loss pill so they don’t have to change their lifestyle.
The same is true with the internet income niche.
When people look to make money online they need a system that will teach them step-by-step. To make money online you NEED to work hard and learn. But this isn’t what many people want. Many people WANT a quick way to get rich. If you go after products that promise to make you rich in a short period of time with little effort, then expect to waste a lot of time and money.
Where do I learn and how do I get started?
At the beginning of the post I promised to show you how to get started for FREE. First, watch this video called Create a Website in Under 30 Seconds to show you how easy it is to get started (click the image below and you will be taken to the website where the video will play).
That video was from a group called Wealthy Affiliate. Their program taught me how to earn money online and I recommend it for anyone who wants to learn how.
The FREE part of what I discussed earlier is that Wealthy Affiliate has a FREE Starter Membership that allows you to setup 2 websites for free.
Conclusion: Online Passive Income
Anyone can learn to generate online passive income with the right tools and training. Once your website is up and running, Affiliate Marketing and Blogging is a simple and effective way to make money for years into the future from work you do today. You don’t need a lot of cash up front, and with the free option from Wealthy Affiliate there is no risk in getting started.