Earning money even though when sleeping is everyone’s wish. Passive income is such a popular term among people nowadays. Passive income is making money for minimal work. A popular method to get a passive income is renting property, depositing your money, and having stock. In this blog, I would like to tell you some online methods to make passive income.
Making money with Youtube takes time and effort to start. However, those struggles can pay off a big amount of money. To earn money from Youtube, there are 2 methods such as affiliate and Adsense. Building a channel reputation and having viewers to the level of making money from Youtube definitely takes time and effort. You will earn passive income on Youtube by ads placed on your videos. You can also put an affiliate link on the video. However, the topic of the video should relate to products or services that you affiliating. Increasing viewers lead to higher income. Starting out may not be easy. However, the following guidelines might help you through the rough road.
Determine your niche. Niche is an important factor to build your audience. People tend to come to Youtube channels that have a specific niche. It would be great if the niche is based on things that you are passionate about. Your passion will drive the business, the passion will make you easily have the ideas to create new videos regularly. Your video must not just be about educating, but it can be a particular video that you want to share such as daily life.
The equipment for making videos. You will need a camera that creates great video and audio playback, a computer or laptop with a video editor application, and sometimes you will need a tripod. Quality videos with good content will drive viewers to come to your channel. It is important to post videos regularly, so it will create loyal viewers. You must be consistent
Media for promoting. You can utilize social media such as Twitter, Instagram, Tiktok, or Facebook to promote your videos. In this era, most people have social media for any interest such as entertainment, business, or just to keep up with the trend. So, take the space of social media as an opportunity to promote your videos and direct viewers to your channel.
Once you settled on the video that you want to share. Now, you can take the following steps to create a Youtube account and get your channel.
- Go to Youtube.com. Find out the sign-in button in the top right-hand corner. Sign in with your Google account.
- Find out “create icon” button in the top right-hand corner. Then follow the instructions.
- Similar to a blog, you must determine the niche to run to. It’s good to be specific, don’t too broad.
- To determine the title, put yourself in the viewers’ perspective. If you want to find a certain topic on Youtube, what keyword will you use?
Affiliation and Referal
Affiliates and referrals are techniques to increase the selling of products or services. Business owners give chance to people like bloggers, influencers, and YouTubers to have referral links or codes. The link or code leads people to the product or service. When people do specific actions such as purchasing, you will get a commission. It is the best method to make money online because you don’t need to spend money to start it.
There are some steps to start an affiliate and referral. Firstly, you need to sign up on the site of the product or service that you want to affiliate with. Then, you must choose a product or service to be promoted. The merchant will give a unique code or link that will be used to lead people to come to the merchant’s website. You will be paid based on actions taken by the people you lead.
There are various types of affiliates. Some may require people to fill out the contact form. The other type may require people to purchase the product. Following are the types of affiliate programs that you must understand.
- Pay per click. This program will earn you a commission for every visitor that comes to the merchant’s website through your referral. Visitors don’t have to purchase anything before you earned a commission.
- Pay per Sale. This program will earn you if visitors purchase the product or service. You earn commission by a percentage on the sale.
- Pay per Lead. This program will earn you just by referring visitors to fill out the contact form on the merchant’s website.
In this modern era, people tend to purchase digital books due to its practicalness. It’s easy to take anywhere without worrying about weight. It is a good opportunity to take. You don’t need to spend expensive costs to produce such printing and storing.
In this internet era, you have various options to sell your ebook. You can create your own website and sell your ebook to the viewers on your platform. You just need payment methods such as PayPal or Payoneer to do transactions. After payment, customers just need to download the ebook through a link.
Furthermore, another option to sell ebooks is Amazon. Amazon is a popular marketplace. Amazon is the largest marketplace for ebooks such as Kindle. The steps that you must take are signing up, uploading your ebook, then growing your sales.
To market your ebook, share it through social media such as Instagram, Twitter, Facebook, and Pinterest. Promote your ebook through your channel by inserting links to your website. Snap preview for readers as a teaser to encourage them to purchase.
Advertising on Your Website
There are basic factors to consider before making money with Adsense. You must have great content on your website with good traffic. After you are able to fulfill those ad requirements, you must consider the layout of the website so that the content and ads work well. The ads should not interfere with the content so viewers still can get the information they want. Another feature to display ads is custom search ads. This type allows viewers to search content on your website using Adsense, then the result will appear along with the result of searches.
Placement location determines the visibility of the ad. Header, it allows maximum visibility with the highest Click Through Rate (CTR). Between paragraphs, this is a great place for ads. Viewers will naturally see the ads while reading the content. Ensure you use the size 300×250 for mobile phones and 7289×90 for desktops. Sidebar, it is a pretty well alternative to putting ads. Ensure you use a 300×600 unit for the bottom and top sidebars. The bottom side of content will result in great if the content is relevant to the ads.
A blog can be categorized into various niches such as personal finance, travel, cooking, fashion, or entertainment. For certain niches is based on the admin passion. If the admin is passionate to travel, they will make travel blogs. So, a blog can be interpreted as a journal or diary of its admin or blogger. To maintain viewers, blogs must have quality content, trendy, catchy, and posted regularly.
Blogging has proven to be very lucrative. The problem is that not many people have the understanding and the skill to turn blogging into a career that is successful. It is not easy to create a very successful blog, as the blogosphere is highly competitive, but you can be successful with some passion, talent, dedication, and good business sense. Bloggers need to be persistent and experts in their blog niche to be successful.
To make passive income on the blog, you can’t just depend on Google ads. There are many ways to make money on a blog such as affiliating and selling your service or products through a blog. If your blog is about traveling, you can sell services as a booking agent for lodging, hotels, or guide. The key is you must have multiple streams of income on your blog. Listed below is just a few methods to make money on a blog for a recommendation. It would be great if you can find the best method that suits you and your blog.
Google Adsense. This is the most popular method to make passive inc on blogs. Google Adsense is the ad network powered by Google. Google is the most popular search engine in the world, so Google Adsense is the most popular ad network in the world. Most ads that appear on the website or blog are placed by Google Adsense.
There are various types of Google AdSense ads; some are images, while others are text. You have control to put it on side of your blog. You may put it on the header, footer, sidebar, or among paragraphs of blog content, you decide it.
Private Ads. This kind of ad is not routed by the ads network. It is based on your agreement and businesses. Most of them are promotional ads. The way to get this private ad is to reach the target company that has their field is the same as your niche. For example, if your blog niche is traveling, you can contact a travel and ticketing company. Contact that company via email, and tell them your purpose and the benefit they can get.
Sponsored Post. You are asked and commissioned by businesses or organizations to write about the products or services of their company. They are trying to reach your readers to introduce their products or services. Your post is expected able to encourage readers to buy their products or service. You should be transparent about your relationship with the company and the purpose of the posting. So, it helps to keep your integrity to your readers.
Affiliate Marketing. Affiliate is promoting other’s products or services by inserting a unique affiliate link on your blog post. When your readers do transactions with the affiliate link, you will get a commission. This method is popular among bloggers, due to a lot of businesses out there needing to advertise the product or services. If your blog niche is about books, you can set up an affiliate account on a website that sells books such as amazon, and put the link on your blog post.
Selling Own Product. This is another great method to make passive income. You can directly embed images of your products, and say “buy now” at the button. Most of this method is to sell digital products such as e-books, courses, or subscriptions to digital services. However, it does not rule out the possibility to sell a physical product.
Creating Online Course
Creating online courses is a great way to make passive income. If you have skills in a certain field, so this method suits you. The process of creating and selling an online course can be an interesting endeavor, regardless of whether you have a background in playing an instrument, graphic design, computer programming, or do-it-yourself expertise.
The internet is full of people looking for people with real experience who can teach others how to complete certain tasks. This is an online course come for. They are willing to pay for the course. Even if the internet is full of educational sources, however, they need someone who has real experience in the course. So, you don’t need to have teaching experience as long as you have real experience in that skill.
There are some popular platforms for publishing your online course. Those platforms are Udemy, Skillshare, and Teachable. Udemy has worldwide users with over 9 million people.
It is important to publish your course regularly to create a portfolio and increase credibility with the users. Some courses may require updates to improve the quality of courses or adapt to the latest knowledge.
There are 3 types of styles to deliver your course:
Screencast. In this method, you are only showing the computer screen with your voice. This method is for you who won’t show your face and background is out of your concern. You can utilize various editing software for your videos such as Catamsia or Canva.
Talking head. This method requires space with good lighting. This style is for courses that need practical examples such as playing music or instrument, painting, or crafting. You can utilize video editor software to maximize the quality of the video.
Combination screencast and talking head. You can use this method if you have good skills in editing. This method is showing the instructor’s image as well as the screen during the video. Although advanced editing and video production skills are required, it works for all course types.