If you’re looking for a passive way to make money online, consider trying affiliate marketing. With affiliate marketing, you only promote other companies’ products and earn a commission when someone clicks a monetized link or buys a product that’s promoted on your blog. You can then use that money to fund further content or take a vacation.
To get started, create a free account with a prominent affiliate marketing platform like Amazon Flex, Snapzu, or ClickBank. Once you’ve got your account set up, begin putting in the work. Write a blog post every week highlighting a different product from the vast affiliate network. Use your blog to comment on relevant news stories and offer your insights.
The More You Post, The More You’ll Earn
As you begin to build your audience, you’ll see an increase in your earnings. But don’t get complacent. Consistent effort every day will only yield excellent results.
To stay motivated, consider earning a passive income stream by taking advantage of affiliate marketing’s automatic payment feature. Instead of having to wait for a check or payment each month, allow affiliate marketing to handle the finances for you. This way, you can focus on creating content and building an audience without any financial stress.
While building a passive income stream, continue to build your audience and engage with your readers by offering value and adding more than just links when you post. When you write a blog post, include a useful resource or instructional video to help your readers. If you’ve got authority in your niche, contribute your knowledge by writing an informative guide or offering tips.
Earn Money With Instagram Stories
Another great way to make money online is to join the hundreds of thousands of people who use Instagram Stories to earn passive income. Instagram Stories is an app that allows users to create short videos and add stickers, filters, and music to their content. Users can then share their content to other platforms like Facebook and Twitter for quick and easy likes, shares, and conversations.
To get started, simply take a video of yourself telling your story. Using the hashtag #adventurecapital or #scubainsaigon, you can then join the conversation with other users in the industry, diving fans, and potential investors. Give the video a quick edit and a catchy title and you’re good to go. You can then use your edited videos to gain more fans and potential business connections on social media.
Make Money With Affiliate Marketing
If writing a blog post is a little too passive for you, you can take the active approach to earn money online. By becoming a virtual assistant, you can get paid to take care of business tasks for other companies. These tasks can range from taking online surveys to moderating content or creating marketing materials. You’ll need to register with an affiliate marketing network to get started.
In general, you’ll need to build up a portfolio of at least 50 paying tasks before you can start generating any revenue. Once you’ve got your portfolio established, consider making money online with affiliate marketing by taking advantage of the numerous affiliate programs available. You can then use your earnings from one source to fund your next passive income stream.
Make Money With Dropshipping
If you’ve got a specific skill or expertise, you can use that to make money online. If you’re a great photographer, you can sell your photos to stock photography merchants who need high-quality images for various projects. Or, if you’re a designer, you can take advantage of the online market and create bespoke designs for products sold by online retailers. You’ll need a reliable supply of stock to ensure you can create these pieces on demand.
An alternative to designing products yourself is to find a niche market and join a dropshipping store. With dropshipping, you essentially function as a digital salesperson, sourcing products from a reputable manufacturer or vendor and promoting them online. As a dropshipper, you’ll need to source a reliable supply of products from a manufacturer or vendor, determine how much you’ll need to charge to make a profit, and consider whether you want to build a large audience or focus on generating occasional income.
Make Money With YouTube
YouTube creators can make a lot of money online through affiliate marketing, brand sponsorships, and live chats where viewers can ask questions and get some insight into the subject matter. To make money on YouTube, you’ll need to create and manage videos documenting your journey towards becoming a digital nomad. In these videos, you can demonstrate your skills, offer tips and tricks on various topics, and discuss affiliate marketing. For best results, pick a niche and build a community around it. You can then integrate Google Ads, become a YouTube Partner, and even make money off memberships, live chats, and surveys.
Make Money With Facebook Ads
If none of the above seem like a fitting path for you, you can make money online through Facebook ads. This large social media platform offers advertisers the ability to target audiences, monitor the effects of their ad campaigns, and gain valuable insights into their audience. While many people use Facebook to waste time, you can use the platform to grow a profitable business.
To get started, create a Facebook ad campaign and purchase ads based on your niche, the products you promote, and the type of content you create. You can then use your ad campaign to gauge the effectiveness of different content and promotional strategies. With Facebook ads, you can also set a budget and schedule and will only pay when someone interacts with or shows an interest in your content.
If you want to make money online without a website, consider taking the passive approach or using a tool like Mindfulness Rewards to generate occasional cash passively. Or, if you want to take the active approach and want to dive into something new, consider any of the above options and begin building a business today!