Affiliate Disclaimer – if you sign up for SiteGround with my affiliate link I will donate a good chunk at no expense to you. Each year I donate $3k to GoFundMe campaigns (2018 was to feed the hungry in Denver, 2017 was to Red Cross at Hurricane Harvey). Your support helps and I genuinely appreciate it. I try to make my reviews unbiased and backed by evidence in the form of Facebook polls, tweets, and real conversations. If you don’t want to use it, here’s a non-affiliate link to SiteGround. Either way I truly believe they are a stellar WordPress host and your site will run faster/smoother… do your research on Facebook groups + Twitter and you’ll find most people say the same.
Research other listings in your city on AirBnB and see what the going rate is for a place like yours. You could also just rent out a private room as well or even a bed in a shared room. In fact, that's how AirBnB got its start. However, you might find it hard in the beginning without reviews, but as long as you take really good care of your guests and provide a lot of value, the reviews will eventually come rolling in.
Find a profitable niche: We’ve talked about this a lot. But, where are you most comfortable. What niche do your skills, values, and interests intersect? Do you have 10 years of experience as a technical writer? Do you have long-standing PR relationships that’ll be invaluable in helping startups launch a successful crowdfunding campaign? Determine what makes your value unique, and lean heavily on showcasing that strength to your potential clients.
Sign up for a reputable affiliate network: Aside from Amazon, there are dozens of large reputable affiliate networks, such as Share-A-Sale, Clickbank, and Skimlinks, that specialize in connecting you with merchants who are looking for affiliates to sell their products. They charge relatively low commission fees for the privilege of connecting you with merchants, and the merchants on these sites tend to offer much higher commission percentages or set dollar amount payouts.
17. Amazon – Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.
Hey Tom, thanks for this tutorial – it’s a good thing to get a tutorial like this from a trusted person like you and not from the thousands of (sometimes) confusing articles about passive income/affiliate marketing/clickfunnels and what not that I come across from time to time, I am making a living as a web designer and I have been thinking of pivoting from design and creative work to focus on passive income but didn’t know where to start. This is the perfect foundation article I have seen so far and I ‘d like to ask if you have any further reading/guides/videos on affiliate marketing that you’d recommend. I like to do my deep research before starting :) One more thing, there are some broken or missing images in this article, it could be my browser but check from your side too because there are quite a few images (e.g your Mercedes) that are missing. Thanks
Etsy: While Etsy's popularity has declined recently, it's still a great resource for selling handmade items online. No need for complex ecommerce sites or merchant accounts or any sort of automation. The company takes a commission of every sale and charges a small listing fee per item. But many still use Etsy as their primary source of income. The best part is that you can also sell digital products on here such as poster designs.
I am a STAM working 3 jobs… all part time and from home… (can u believe it?) But really, I started with the mystery shopping, and that was OK. The positive was you get paid, the challenge was not frequently and sometimes needed to wait a month for payment to be transferred to the paypal account. Then I became and infant massage teacher and love this. REDTENTSALE is my Ebay store, I sell so many various items I find from wholesellers and it’s nice, I do this when the kids are asleep; anyone can… very manageable and nice “but light” income. I would say the one by far that is taking me places is Real Estate Marketing.
If you’re planning on relying on SEO for traffic which most people do, it’s all about finding keywords where people would be interested in purchasing an affiliate product, and analyzing the competition of each of those keywords. Back when I was promoting Genesis themes, I saw hardly any articles about “Genesis eCommerce themes” (when I Googled it) which was a popular keyword. I got myself #1 for it. For SiteGround and StackPath, I saw opportunities to write articles on “settings” for each cache plugin (W3 Total Cache Settings, WP Fastest Cache Settings, WP Super Cache Settings, etc). After researching these keywords I was confident I could write better tutorials that the ones out there.
1. These are definitely the 2 most common, but anywhere you can use an affiliate link, you can make money. I see a lot of people spamming Quora with affiliate links but wouldn’t advise it. People who will actually buy the product through your link are the ones you will educate on why they should buy it. You need your own platform somewhere and blogs/YouTube and usually best.
People are turning to audio and visuals when it comes to technical subjects. However, you should consider doing an ebook first and turning it into an audiobook through a resource like Audible's ACX platform. You can hire a producer either through a royalty share program, so you don't have to shell out upfront cash, or you can do a pay-per-hour hire as well.