Make Money Online Doing Nothing…..

 

The best way to earn a passive income is to sell digital products. This simply requires that you make or find a digital product to sell. But before you can do that you have to build a sales page from which you can promote the products you are going to sell. After that you have to use some kind of advertising or marketing strategy in order to drive more visitors to your sales page.

This is a very ‘hands off’ method of earning an passive income that will generate money while you are sleeping. You don’t even need to worry about delivering a product.

 

How To Earn Passive Income From YouTube

When you think of making money online through YouTube, you probably think of becoming a ‘YouTuber’. That tends to carry the connotation that you are going to become an active content creator. Film lots of videos and probably build a large audience/following for your brand.

This is a great lifestyle that allows you to make money doing something you love, while also enjoying a modicum of genuine fame. It is a lot of work and requires a lot of skills but it is also almost definitely worth it.

But that is not the only way to make money from YouTube. Actually, YouTube can be set up as a very nice passive income model that will generate revenue even while you are resting. You can practically automate this money-making system and find it is still surprisingly profitable.

Maximum Revenue, Minimum Investment

YouTubers can make money in a number of different ways. They make money from advertising their own products including affiliate products or PPC ads. These are advertise that pay out for each click. This means that every time someone clicks on an ad or watched this particular video you get a tiny amount of cash.

But while that amount is tiny, if you can rack up thousands of views a day, then it starts to add up. If you have a YouTube video that ranks in the top spot for a very popular search term, then potentially you can stand to make hundreds of dollars a day.

And if that content is evergreen, ten there is no reason why that video can’t keep making money for a long time to come.

Better yet, when you consider that you can probably make and edit a great video in a few hours, there is nothing to stop you from repeating the formula over and over again until you have hopefully make hundreds, it not thousands of dollars.

Yes, it really is that simple but there is a couple of tips that will help you ensure you use precisely the correct strategy!

Quality and Brevity

When making your videos, think ‘quality not quantity’. That is not to say that you shouldn’t make a lot of videos, rather that they shouldn’t be overly long. Google actually encourages YouTube creators to keep their videos to around 3 minutes. This because it will increase the number of complete views and thereby drive up revenue.

What is more though, is that making your videos shorter means that you can make more videos in a shorter time frame and then have more content to upload that will get multiple views. That way, you can take a few days out of your regor gig, film some short videos and then load them all in order to generate big revenue.

 

It sounds easy and it really is as long as you are making those videos high quality (which needs the right equipment and good editing) and as long as this videos are in a popular niche!

 

 

The Challenge

The problem with making a passive income from a website is that this is limited in scope. Eventually, you are likely to exhaust the market for your product and find that the cost of advertising start to outweigh  the profit from your sales.

You aren’t delivering any value to the end user, you aren’t building a relationship and at the end of the day, this is a technique that won’t last forever.

And that is why a lot of people are interested in making money from a website. That way, they can build their own brand, and build a big audience and then sell products that they are really interested in and proud of.

But is it possible? Can you really generate the same kind of passive income from a website? How long will it take?

The Challenge

There are a number of challenges that make it harder to make a passive income from a website right from the offset.

for starters, you will immediately find that the money you make from adverts such as Google Ads is not truly comparable to the money you can make from a digital product. Ads will typically pay out a few cent per click and most of your visitors are not going to click them often. This is especially true these days with so many people running ad blockers.

The other problem is that it can take a long time and a lot of work to gena big audience on a website. You are going to be competing with the rest of the web and many of the creators you are going up against will have gigantic advertising budgets.

The Strategy

But as with most things, the secret is to ‘work smart, not hard’.

That means picking the right niche to begin with. By selecting the right niche to enter into, you will be able to avoid going up against huge competition (as you might do if your niche were something broad like ‘fitness’ for example) while at the same time ensuring there is enough of a demand for what you are selling.

Choose a niche that has clear products to sell to a specific audience and one that will allow you to avoid the hugest competition.

 

The next strategy is to recognize that you need enough content to climb the ranks of Google and that this content needs to be high quality. This is where it can be hard to keep your model ‘passive’ but the solutions are either to hire someone who will create the content for you, or to spend a while writing lots of  content for you, ot to spend a while writing lots of content so that you can post it gradually over time.

 

Top Passive Income Business Models

Making money whole you sleep or travel the world might sound like a dream to a lot of people but his is one of those dreams that can become a reality thanks to the transformative power of the web.

To earn a passive income, all you need to do is set up a system that allows you to sell products without having to put in any work to create and deliver said products. That could mean that you are selling a digital product such as an eBook, or it might mean that you are selling a product of behalf of another company acting as an affiliate. It could even mean making money from advertising.

And there are a surprisingly large number of ways you can do this.

Here are som of the best methods you can use to make a passive income and how they each work:

• Sell An eBook From A Sales Page – Creating an eBook is a simple matter of choosing a subject and then writing about it. You can  then save that document as a PDF file and start selling it form your website. If you don’t have the necessary writing ability, knowledge or patience to write an eBook though, then you can simply outsource this process by hiring a writer.
  Add an automated sales and delivery system. Creating an advertising campaign or evergreen website and you are good to go.
• Sell A Kindle eBook – You can simplify the process of selling eBooks too by selling through Kindle. Kindle is of course the name of Amazon e-reader device and this also comes with its own store where users can find and download books and eBooks. This makes it a highly effective distribution platform meaning that it is a very easy way fro you to find customers, sell to them and deliver your product. You don’t need to worry at all about marketing, about handling payment or about delivering the product. Amazon does all that for you.
  Best of all, it is free to sign up!
• Sell An App – Or why not make money from an app? This works just the same as selling a Kindle book, in that you have access to a ready-made distribution platform with a large, captive audience. And if you sell your app on Android, then you will only need to pay $30 to sign up and your app will be automatically approved in a matter of hours.
  Don’t know how to make an app? Then just use an app builder tool or outsource the process!
• Run A Website – If you can get enough visitors to a website, then you can use this as a means to turn a profit from advertising. Use Google AdSense and each time a visitor clicks an ad, you will get a tiny payment. The hard part is getting enough visitors to your site without spending every waking moment running it. But if you hire writers, or if you create an evergreen resource, then this can work well.

 

 

Wrapping Up

Passive income is what a lot of people think of is a ‘living dream’. If you are earning a passive income, that means that you are making money from a website, a digital product or an affiliate product. With a passive income you can sit back and relax while then money comes pouring in!

Potentially you can scale this business to become very wealthy but either way, you get to benefit fro no longer trading your time for money.

These are thing to look into before you can start earning a passive income.

 

 

 

Featured Image Attribute:  Monet vector created by vectorjuice – www.freepik.com