1. Google AdSense
Google AdSense might be the fastest and easiest
way for a beginner to start earning passive income
with a blog. The basic idea behind AdSense is that
you can display Google Ads on your website and
when a visitor clicks on those ads you get a
percentage of the ad costs. You've certainly seen
ads on other people's websites; you can have these
ads appear on your blog or website as well.
AdSense is a contextual advertising network that
places partner (business) ads on your website. It’s
easy to set up—all you have to do is copy and
paste some code given to you from Google in the
places you'd like the ads to appear on your
website. Google will then show ads from
advertisers that are a match to the content on your
website so that ideally your website visitors see
relevant ads.
Don’t worry that your blog niche won’t be able to
draw quality ads to your site. Google AdSense is
one of the biggest networks on the Web, so you
should get a healthy enough list of clickable sites
to attract your readership.
And Google is smart enough to only show ads on
your website that are relevant to the content on your
website, so in many cases, this can enhance the
user experience on your site, and the ads can be
helpful.
Just make sure your content is of the highest
quality!
Though Adsense is a popular option, I think that
affiliate information marketing is also an excellent
way to make virtually passive income online.
2. Amazon Associates
Amazon Associates is the long-established in-
house affiliate program run by Seattle-based
Amazon.com—the biggest online retailer in the
world today. It offers bloggers the chance to earn
commissions by advertising Amazon products on
your website—provided visitors click-through from
your blog to Amazon.com and make a purchase.
The basic idea with Amazon Associates is that you
can get a tracking link that is unique to you that
links to any product sold on Amazon.com. If
someone clicks on the link on your blog and goes
back to Amazon and purchases the item, you are
credited with the sale.
There are many ways you can promote Amazon
products on your website. You could include a
product catalog (pulled from Amazon.com) on your
blog, you can write product reviews and link to the
products you recommend on Amazon, and you can
have a recommended resources page on your
website; just to name a few.
The one caveat about Associates is that it probably
suits bloggers who write about merchandising, retail
products, and shopping a fair bit. Logically, it will
help your performance if visitors arrive at your
website already predisposed to buying.
The program works by getting Amazon links,
banners, or widgets (e.g., slideshows, "My
Favorites," "Wish List Widget") onto your pages.
One added benefit is that if someone clicks on a
link from your website to Amazon and ends up
buying multiple items (not just the item you are
promoting), then you would get credit for the entire
sale! Imagine you recommend a book on Amazon,
your visitor goes to Amazon to buy a book, and
while they're there they end up buying a new TV, a
Sony PlayStation, and some other things. You get
credit for all of the sales. Not only that, but you
also earn from any sales you make in the following
15 days from that customer.
Another way to make money with Amazon is by
publishing digital books on Amazon Kindle .
3. Affiliate Marketing for Digital Products
As I mentioned above, one of my favorite ways to
make money on the internet is by promoting digital
information products as an affiliate .
Just like Amazon.com is a marketplace of physical
good sold on the internet; there are also
marketplaces of digital products sold on the
internet as well.
One of the most popular digital product
marketplaces is Clickbank.com. You can search the
Clickbank marketplace for products related to your
marketplace and promote them on your website,
write product reviews, etc.
Just like with Amazon, if someone clicks on the
link and goes back and buys the product you are
promoting, you would get a commission for a
percentage of the sale.
One attractive feature of promoting digital
information products is that the commissions tend
to be higher than that of physical products; ranging
anywhere from 10 percent to 50 percent or even
higher. As an example, if someone is selling a
digital information product for $500 with a 50
percent commission, you can earn $250 per sale.
This is much higher than commissions on physical
products due to the high profit margins.
4. Create E-books and Information
Products
Regular blogging is the ideal training ground for
creating e-books, still one of the most popular
forms of information products being sold by online
entrepreneurs today.
Consider your blogs as “free” information that you
offer to readers to demonstrate your expertise. With
time, they become your fans and are ready for more
in-depth material. This is your opportunity to make
money—by presenting your e-books for sale
alongside your free blog.
Just make sure that the e-book builds on your blog
output—don’t simply rehash what they have already
seen! After all, these people are now paying
customers and will get upset with old information.
Later on, as you become more established and your
archived material becomes more extensive, you can
poll your readers to learn what topics they’d be
interested in learning more about and interested in
purchasing.
Again, you can sell an ebook for a much higher
price than a regular book and benefit from a much
higher profit margin.
5. Offer One-on-One Coaching
This is one of the quickest and easiest ways you
can turn your expertise into money. The fact that
you are publishing a blog and providing information
in your market makes you an expert in your niche.
In many cases, people want to get personalized
advice directly from the expert in their market.
You can simply put up a page on your blog offering
one-on-one coaching to answer any questions they
have or give them advice for a handsome fee.
Notice that I avoided putting a specific dollar figure
on the amount you can make from blogging. It will
come down to your work ethic, your skills as a
writer, your ability to generate targeted traffic, and
plain old good luck. It’s a bit like baseball:
Everyone played it as a kid, only a small fraction
make it to college ball, an even smaller number
become professional, but only the cream of the
crop makes it to the majors.
You have to decide where in the blogging “big
leagues” you want to end up.
The reality is that as more and more people from
all over the world come online, the harder it will
become to get attention online and generate
income. That's why it's so important to focus on
building your email list, so you can follow up with
your visitors, build a relationship, and increase
sale.
6. Sell a page to individual or company, websites is like a how where one can rent a room. To make money you can actually sell a space for someone or companies to place an advertisement.
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