Simple Passive Income Models

There are different ways to create a passive income online, which model or route you will pick depends on you, your personality and what do you want to achieve. There is no right or wrong passive income model, just pick and go for it.

Simple Passive Income Models

 

In this post, i will simply outline some of the very simple passive income models you can employ that will earn you a passive income online. They include:

Selling Digital Products
Create a digital product, or outsource the creation of one to a third party. This will cost you nothing to produce each time but you will be able to sell it as many times as you like. That means you can automate the process with a sales page and some advertising and earn money while you sleep!

I won’t recommend this if you’re are just starting out, in order to create a good product you will need to have some kind of knowledge in the subject. If you decide to outsource you will need to find a good freelancer who can do the job and probably it will cost you a lot of money.

Also, you have to consider the hustle of giving support to your customers or hiring someone who can do that for you, this can become a very stressful experience

Affiliate Marketing
Affiliate marketing means you’re selling a product someone else made. You use a referring URL and you get commission on every item sold.

This is my recommended methods for a person who is just starting out, you just need to send a prospect in your affiliate link, from there everything is handled for you, and when they make a purchase, you make a percentage of that sale, no product creation, no support hustle.

If do you want to start making money online as an affiliate marketer, check out this done for you affiliate marketing system.

PLR
PLR makes it even easier for you to sell digital products. That’s because you are buying not only a ready made product with full rights (it stands for ‘Private Label Rights’) but also often all the marketing material you might need like blog posts, the sales page and even advertising copy!

App Sales
Selling an app can bring in a rolling income very easily. All you need to do is create an Android app using a simple app building tool and then upload it to the store for a one off fee of $30.

Kindle Books
Selling Kindle books is even easier! Just take a Word document, upload it for free and then start selling through Amazon’s Kindle Store!

Website
You can easily make money through a website by placing adverts on it. You’ll need to do a fair amount of work upfront in order to build up an audience but once you have, this can sustain you for a very long time to come.
You can also make money from websites in other ways – for example by having a subscription website, or by having a gated area for VIPs.

You can learn how to build a successful affiliate marketing website by clicking here.

YouTube
It only takes a single successful YouTube video for you to earn a large amount of money this way. YouTube makes money from ads, similar to a website, except that you benefit from YouTube’s built-in distribution platform. Keep your videos short and that way you can create a lot without spending a lot of time on it and then you can start earning big money!.

You don’t need a professional camera to make a youtube video, you can use your phone and make videos, just be yourself people like that.

Reselling Services
Using service arbitrage, you simply advertise your work and then outsource the work you get to a third party that is willing to do it for less. Some companies even advertise the fact that they offer this service. Look for ‘white label’ services.

Some are some of the simple passive income models you can use to make money online, you don´t need to do all of them, pick one and if it works for you scale it for maximum profit, if it does not work try another one, just don´t quit.

If you need help or you have any question, feel free to leave it in the comment box below or you can just send me an email, I always answer them.