Everyone wants to make money online because the internet is the new employer today. There is an ocean of opportunities for everyone. You only have to be ready to be consistent and devoted with whatever you do. Above all you can also generate passive income. In this article we will discuss some of the best ways to make money online. All these are the latest passive income ideas to make money online. And we are not talking about any fake money making techniques where you cheat people after taking some token money. These are all real techniques to earn money from internet.
What is a passive income?
First of all you need to understand that no income comes automatically. Most of the people making money have worked hard for it in the past. Therefore, you need to work really hard and make an asset before you generate your first dollar. Over time if you are regularly investing your time and resources, it keeps on generating income for you.
Have a glance at what we are going to cover for you. Read the details in the coming text and let us know what idea you think is the best.
- Create a Blog
- Start a YouTube channel
- Invest in Index funds
- Affiliate Marketing
- Create an eBook
- Start an Online Course
- Free Software Downloads
- Paid Memberships for Music etc.
- Start Subscription Business
- Start Business and Convert it to a Passive Income Idea
- Sell a New Business Idea
- Sell Images Online
- Sell Digital Products
1- Create a Blog
Many people say blogging is dead but do you know anyone who does serious blogging? For most of us the answer is a clear no. Therefore, do a little bit of research before you make an opinion. You can also ask yourself. Where do you get an answer when you search something on Google. In most cases your answer will be – “we get all our answers on a blog”. There are people who continuously update their articles to provide you with genuine information. They also make a lot of money. Therefore it is one of the most famous passive income ideas in today’s world too. You only need quality content to be connected with your audience. As soon as you make enough of an audience, you start making money online.
How do bloggers make money?
- Google AdSense – There are many ways to make money from a blog. First of all, the most trustworthy source of income online is Google AdSense. If you have a website with some good content, Google will approve your AdSense account.
- Affiliate Marketing – is also a good way to earn money from a blog. For example, many people post links to affiliate products. Amazon is a good example.
- Advertisements – You can also run paid advertisements from Ad pushup.
- Sponsored posts or guest posts are a great way to earn money.
You need to keep investing your time and money in the blog (writing articles). Over the period of time it will start giving fruits and proves to be a good passive income source.
What is AdSense and how it works?
AdSense is a program run by Google through which website publishers earn money. Many websites and content publishers register with Google. All these websites have content, text images or videos of public interest. Google AdSense connects with them as partners and displays advertisements to website visitors. Google sends a portion of the revenue to the content publishers. Additionally, there is also no limit on how much money you can make online. Due to this we call it your gateway to make money online. You can also read our AdSense Program article for complete details on this.
2 – Start a YouTube channel
Starting a YouTube channel is one of the easiest things for a technical person. This is also one of the most famous tools to make money online these days. If you are not technical you can learn it in no time. YouTube asks you to create good content. Add 1000 subscribers and 4000 hours of watch time from your audience. After this you can request for monetization. This may not look easy but also not impossible. Many people are doing it and they are earning good money. Search YouTube and there are 1000s of examples with their stories. This works as a great tool for creating passive income for a long time.
3 – Invest in Index funds
One of the best ways to make passive income is to make money online. Irrespective of which country you live in. All big countries are into trading stocks. Here we are not talking about short term investment. Therefore, you need to be very careful. Studying and understanding the share is important before investing. If you have some money that you do not need in the next 5 years. Invest money in blue chip companies or index funds. If your calculation is right, the stock market delivers amazing results for your investments.
4 – Affiliate marketing
If you want to earn money from the internet without developing any product then this is for you. Affiliate marketing is slow but among cool sources of passive income. You do not need to manufacture any product or service. You simply need to sell products that someone else is making. Amazon is a good example. To do this you need an existing audience. Then you can start sharing affiliate links. Affiliate marketing helps you make money online without real products. Many product reviewers on YouTube are making money from affiliate links.
5 – Make money online by Creating an eBook
You can create any eBook depending on your skill. For example, you do search engine optimization for client websites. You can create an eBook on how to grow website traffic fast. You can convert eBooks into Kindle format. Convert an eBook to pdf and sell it at an affordable price. Selling digital products online seems like an amazing idea for passive income. But it takes a lot of time to find buyers for this. But once you develop an audience, sky’s the limit.
6 – Start an online course
These days, everyone uses a smartphone with a camera and internet connection. Camera gives you freedom to record anything. An internet connection lets you connect with any number of people. Irrespective of what skills you have. You can create an online course with your phone camera. Additionally, there are no language barriers. You can make a video tutorial or course using a phone and create passive income for you. We call this a passive income idea because you only do this once. There are websites where you can upload your free online course or paid.
7 – Free Software Downloads
At the first glance this may not look like passive income ideas. But, the world loves free stuff. By giving you hard work free you can also earn money from the internet. Therefore, when you distribute anything for free then you get an audience fast. You can get AdSense income from advertisements if you want to monetize software applications. You can upload html templates, websites and scripts and offer them free of cost. This may look stupid but you make a lot of money from AdSense even if you are not selling anything.
8 – Start paid memberships
Many companies are shifting towards a subscription earning model. You can select among a host of options. From audio files to website development services you can convert anything to subscription. Many companies are making an ecommerce website with subscriptions. In this arrangement, customers pay some amount every month. Additionally, this is not limited to software applications. Many music apps subscriptions are also available. Therefore, you also transform the business into a subscription based sale. After some time this becomes a passive income source for you.
9 – Make a software application and start subscription business
This is in addition to paid membership with focus on software application. You need to create a software application only once. This also does not require regular maintenance. You only need to understand problems and find meaningful solutions. For example every business struggles with sales related issues. You can make a sales management application to solve this. If a company believes that you are addressing their sales related issues. They will buy it.
First of all you focus on recovering the cost of making software applications. After this you can start making profit in business. This is the fastest way to earn money from the internet.
10 – Start a business and automate it to make money online
Starting a business takes a lot of effort and will power. But once you start your first goal is making profit in business. But you can also transform it to passive income generating ideas. You only need to automate the processes. First of all, you start a business, grow it and if you want to relax. You can use some automation software and control business from any remote location. This is one of the most famous reasons to start a business. After some time this becomes a way to make money online on a regular basis.
11 – Start selling new business ideas
Yes, you can make money online using new business ideas also. You can earn money from the internet using simple strategies. For example, you have some amazing business ideas to earn money from the internet. Your situation does not allow you to start a business. You can sell this idea and get funds. You can search an angel investor website or attend an investors meet (seminar). If you have an amazing idea, people are ready to give you money. You need to create a project report. Make sure this is backed up by meaningful data and market research. Now create a business proposal around it. Show it to the investor, some will be ready to fund business ideas for sure.
12 – Start selling images is good to make money online
We believe you have a smartphone because this is the primary tool to earn money from the internet. Not just a smartphone with internet connection, you also need to capture high quality images. You can also buy a DSLR Camera or a mirrorless camera depending on the budget. If the quality is good only then you will be able to sell images online. But don’t be disappointed, this does not mean only high quality images can generate passive income for you. If you have a collection of some rare images then also you can make a lot of money online.
At first glance this may not look like the best idea to make passive income but it works. There are success stories available as proof. Many creative people make money online with image selling. If you are passionate about photography, you can click good images. This is the main ingredient to Sell Images Online once you have enough of them. Create an ecommerce website and start selling images. You can also start a membership program for selling images online and make a passive income source. There are many websites for selling images online if you do not want to create one for yourself. You can also auction pictures in art galleries and do a lot more.
13 – Sell Digital Products
The best thing about selling digital products is that you do not have to create them again. You can simply create copies of existing products. The cost of selling digital products is the money involved in marketing and delivering the product to clients. You can also deliver digital products via the download option to save money.
How to sell digital products online?
You can sell digital products using many ways. What mode of marketing you choose depends on the product and potential customers. The most common ways of selling digital products include: selling on social media, Google Ads, Facebook Ads, LinkedIn Ads etc.
How passive income works and how to make money through passive income?
When you make money without direct involvement is known as passive income. For example: you invest in shares of various companies and leave it. After some time the companies start performing better. You generate returns from the share market. This money is passive income because someone else is working for you. Blogging is also a good example where you write an article once and expect returns for a longer time duration.
All these passive income ideas not only help you earn money but also time. You can spend this time with your family. Most of them are Work from home money making ideas. Due to this you do not need a lot of investment to start over.