In our quest to establish a passive income stream we came across many methods. While some worked out better than others, there was one clear winner that stands out above the rest – affiliate marketing. You’ll soon discover why when you learn how to do it right.
Affiliate marketing is a form of performance marketing where you promote products (usually online courses or products related to affiliate products) and you receive a commission when someone clicks a button to make a purchase or join a trial. All you need is a product to promote and a browser to enter your affiliate commission code.
The best part? There are many ways to make money online without a website. You can start an affiliate marketing campaign in minutes with a few choice clicks of a mouse. The sky is the limit!
Create And Sell Your Own Product
If you’ve ever created something that you think could help other people, you’ve probably considered the lucrative world of product creation. You might already have a product that you’ve invested in that is doing quite well, or perhaps you’ve got an idea for a new product. In any case, you’re in the right place!
You can use various platforms to develop your product and get it to market quickly. In fact, there’s a whole lot you can do with minimal effort and just a small amount of financial investment. For example, you might want to create an online training course on social media management. Or you could develop and sell an e-book on blogging or content marketing. The choice is truly endless!
When you create a product, you’ll first need to decide what your target audience is and then craft your sales pitch around this. Then you need to figure out how you’ll go about marketing the product. You can use various platforms to maximize your reach including TV, radio, newspapers, and magazines. You’ll just need to set up automated email campaigns on these platforms so that you can begin to build a list. Once you’ve got a few hundred subscribers, you can then begin to offer deals and discounts to your list to encourage them to purchase your products.
Start An Online Store
An online store, otherwise known as an e-commerce store, is a retail website or app that sells a range of products (often digital or virtual goods) online. Simply put, you’ll set up an online store to sell and promote your products. You’ll then need to find a way to get people to discover your store and ultimately buy your products. You can use various methods to attract customers to your store including SEO, social media marketing, and content marketing. Once you’ve built up a decent sized audience, you can use your platform to promote and grow your business.
Invest In Paid Advertising
Paid advertising, sometimes referred to as advertising dollars, are monetary investments that business owners, marketers, and advertising agencies make in order to promote or sell a product or service. When you invest in paid advertising, you’re essentially making a financial stab in the dark. However, if you do your research and find the right platforms for your target audience, you can bet that you’ll start seeing some results very soon.
Generate Leads From Blog Posts
One of the simplest yet most effective ways to make money online without a website is to write and publish blog posts on a regular basis. The key is to establish and build a reputation as an expert in your chosen field. When others seek your opinion on industry topics, you can use your blog to point them in the direction of. Alternatively, you could use your blog to promote your products or services by including affiliate links within the text of your blog posts. When someone clicks through and makes a purchase, you’ll earn a small amount of affiliate income without having to do all the hard work of getting the traffic yourself.
Offer Some Sort Of Consulting To Companies
A great way to earn quick cash is to become a virtual business or marketing consultant for companies who need help with marketing, strategy, or planning. It’s a great way to make some extra money on the side while helping others. Just make sure that you’re not charging them too much, otherwise, you’re just taking advantage of them. You could use your expertise to work on a project basis for a company, or you could set up a consulting business where you charge a small monthly fee to companies needing help with marketing, strategy, or planning.
Consult With Small Businesses
If you’ve got an expertise that can be helpful to small businesses, you can sell your services to them. You might want to consider starting a business consulting firm or company where you can take on multiple clients and offer your services for a range of businesses. This way you’ll be able to diversify your income and potentially make a whole lot of money without having to do all the research and work yourself. Be careful though, as you might end up doing most of the work with no financial reward. Make sure that you’re charging your clients a fair rate and working at least as hard as they’re hiring you to.
Start An Online Bookstore
An online bookstore, otherwise known as an e-book store, is a retail website or app that sells e-books (often digital or virtual goods) online. E-book stores are much like standard online stores in that you’ll set up an e-book store to sell and promote your products. The primary difference is that you’ll be providing digital content rather than physical products. The key is to build up a sufficient audience on your blog, and then use your blog to promote and sell your e-books. When you have millions of views and thousands of subscribers, you can then consider taking your blog offline and expanding your audience to the entire world.
Sell Your Photos On Online Albums
Selling your photos on online photo album sites like 500px, Redbubble, Flickr, and so on is a great way to make money online without having to set up a website or create products. All you need is a smartphone and you’re good to go. You could set up automated campaigns using software like HubSpot where you’ll curate and upload photos frequently, and then set the timer to automatically send out the photo album posts at regular intervals.
Sell Your Photos On A Theme Park
Selling your photos on a theme park like Flickr, Creative Commons, and others is a great way to make money online without having to set up a website or create products. All you need is a smartphone and you’re good to go. You could set up automated campaigns using software like HubSpot where you’ll curate and upload photos frequently, and then set the timer to automatically send out the photo album posts at regular intervals.
Start An Online Travel Agency
An online travel agency, otherwise known as an O.T.A, is a company that buys and sells tickets for travel-related events (e.g. concerts, festivals, etc.). You’ll be able to set up an O.T.A with minimal effort and cost to reap the benefits of flight discounts, travel insurance, and other perks. Plus, you’ll have a steady stream of income from commission on each travel transaction you make.
An O.T.A can be a fantastic source of income, but you’ll need to get started correctly in order to avoid pitfalls. First, make sure that you’re registered with the right tax authorities as an income business. Then, find a way to get customers to come back for more. Keep your eyes open for deals and discounts that can help you attract new customers. And finally, be sure to automate the process wherever possible. Setting up an O.T.A can be a bit of a daunting task, but with the right guidance from a seasoned professional, you’ll be up and running in no time.
Sell Your Loved One’s Gifts
If you’ve got a loved one who is always making your friends and family buy them presents for Christmas and other holidays, you can make some quick cash by placing a small digital coin icon on your Facebook page for your friends and family to click on when they’re buying your loved one a present.
When they make a purchase after clicking on the coin icon, you’ll get a small commission. You could put a hat tip to the lovely people at GetGifted.com for showing us the way.