Blogging certainly isn’t passive income. Passive income is something that we’ve all dreamed of. When you earn money from something, without being directly involved day to day. Sure, you might be involved heavily in setting things up in the first place, but once that’s done, your income stream continues to run, earning you money all of the time. While everything is running smoothly, your active involvement is minimal, if you have any at all. But, you’re still on hand to step in and sort things out or make improvements if needed, to keep your income going. The perfect real-life example of this is a landlord. The landlords find the property, perhaps refurbishing or improving and putting it on the market. Then, once the lease is signed they only work to arrange repairs or inspections, and the rent keeps on coming.
There are many ways that you can start earning passive income from your blog. Things that you can set up or add to your pages and posts that will continue to earn money long after you’ve hit the publish button. They can, in fact, continue to make money for years’ time. For as long as your site is online.
Setting up passive income streams takes work, not least in marketing your site, making constant improvements to its content, design, and quality and finding ways to grow your audience. But, it’s income can be well worth it. Especially if you look at long-term results and earnings. Adding passive income streams can even help you to grow your audience, build a loyal readership and improve your rankings on search engines. Here are some wonderful ways to make a passive income from your blog.
Affiliate marketing is an excellent way to make a passive income. You insert links, in the form of text or photographs, or in widgets and advertisements or banners to products or stores, into your posts and other areas of your site. If one of your readers clicks on one of these links and makes a purchase, you earn a small commission.
Large companies like Amazon run affiliate schemes. These can be great because there’s such a vast range of products that you can link too. Smaller companies, and even local stores also run affiliate schemes. These are often more personal, and you might gain a more significant commission.
Affiliate marketing does take some work. You’ll never earn well just linking to random products or adding a link to the text already within your content. You’ll do much better if you make an effort. If you link to products that you use or love and can recommend and speak passionately about. But, once you’ve sourced the products, found and inserted the links and tailored your post, you hit the publish button, and your work is done.
Advertising is much like affiliate marketing. You are unlikely to earn well with random unrelated adverts on your site. Instead, advertise companies and products that you believe in. Vet your adverts instead of just displaying everything.
Sell a Course
Online courses are becoming more popular all of the time. If you blog in a particular niche and feel like you are genuinely knowledgeable and could help other people, creating a course could be a great way to make money. You’ll have to take the time to set the course up with clear outcomes and objectives and valuable content. Then, you need to add it to your site or another platform and start advertising. But, if your course is easy to follow and filled with meaningful information and tips, which help people more than the regular content on your blog, it could earn well. You’ll still need to be around to reply to emails and offer your students further help, but day to day your role will be small.
Sell Printable and Other Resources
Selling resources is incredibly simple, especially if they work online, or are printable. You could sell designs or tools that you use for your blog. You could sell budgeting tools or spreadsheet templates. Meal plans and recipes or a tool to create them are always popular. Think about things that you use yourself, and things that your readers might find helpful or interesting and start selling.
Publish an eBook
If there’s one thing, all bloggers enjoy it’s writing. It’s much easier than ever before to publish an eBook, which you can then sell on sites like Amazon or on your current blog. If you prefer, use Backbeat Studios to record an audiobook, which is also incredibly popular today.
Earning passive income could change your life. It gives you a way to earn money, consistently without eating into your time. This could give you a chance to quit your job, while still earning enough and having the time to take your blog to the next level. It’s a way to support yourself, and your family while giving them more of your time. It gives you a chance to do the things that you’ve always wanted, perhaps to write a book or travel the world. They say that money can’t buy you happiness, but it can certainly help to ease the stresses that make you unhappy. Passive income is your way to more time and more money. Both of which, can make you happy.