Earn Passive Income Online

Finding passive income sources is the first key to the successful online business. To actually earn passive income online is the next one. Here is a guide I hope that will help you build your income stream online.

Earn Passive Income OnlineWhat Is A Passive Income?

A passive income is where an income is received with little effort to act on. Property income, bank interest income, dividend income, royalties, pensions, and any business without direct involvement with suppliers or customers.

A successful online business is to create a series of passive income. Affiliate program is one. It is where you work as an intermediary to make a sale for a product or service between a supplier and a customer to earn a commission. But instead of securing one sale to receive a payment, there are ways to receive recurring income – you get paid again and again.

Here are a few tips to find passive income business opportunities;

Passive Income Business Opportunities

ClickBank

ClickBank is a great place to earn recurring income either by

  1. Selling your own digital products as a vendor, or
  2. Promoting products that are already available, as an affiliate.

You can either be a vendor or affiliate, or you can be both using one account. There will be $49.95 one-time charge if you become a vendor upon approval of your first product, however becoming an affiliate is free and easy.

When you have registered, you’ll see thousands of products for sale in the “Marketplace” page. Each product has its stats listed like this;

Clickbank Stats

Tip 1: Take a look at where it says “Grav 70.22” above; short for Gravity™ performance, this number is calculated by ClickBank taking into account the number of affiliates who earned a commission from this product over the past 12 weeks. Higher the better, preferably higher than 100. Although high gravity can also mean there’s a lot of competition in promoting this product.

Tip 2: Now let’s see the example sales stats quickly;

Initial $/sale: $33.16 | Avg %/sale: 75.0% | Avg Rebill Total: $45.99 | Avg %/rebill 58.0%

Initial sale of $33.16 is what you as an affiliate will receive for each sale of this product. If 10 people buy it, you’ll receive $331.60, if 100 people buy it, you’ll receive $3,316.00. This is awesome, isn’t it?

Average rebill total is only shown if the vendor offers recurring billing products, e.g. memberships and subscriptions that customers regularly buy over time. % shows the average commission rate earned for all sales of a vendor’s products, including one-time purchases and rebills.  So look for bigger sale items to receive bigger passive income online, obviously!

Tip 3: This is actually the most important part. Unfortunately there are some scam vendors too. You want to make sure the promoting is feasible – when you look at the product in the vendor’s sales page, would you trust it? Would you buy it for yourself? If so why? Also it’s essential to make sure there’s enough affiliate marketing tools for you to utilize.

Start to affiliate with ClickBank – click here.

Email Marketing

Email marketing is one of the most stable and long-term revenue generating technique on the Internet. Email is an easy way to reach mobile customers and it’s an effective way to keep them informed. Email coupons drive online sales. It is inexpensive to set up and easy to customise, it is an essential way to win passive income online.

GetResponse

GetResponse is a feature-rich email marketing solution, capable of handling both small and very large lists (1 million+ subscribers for enterprises). It allows you to create newsletter, autoresponders that convert contacts into customers, as well as video marketing campaigns.

Free trial for 30 days, start from $15 per month. It provides easy-to-use, self-service applications and 24/7 live expert support.

GetResponse Pricing Plan

GetResponse also has its List Building Program; it’s a comprehensive email marketing course to grow your list. It provides with the know-how and necessary tools to launch a comprehensive and effective email marketing campaign.

There are two program schedules to choose from; the 90-day fast track where you can build up to 10,000 subscribers and the 180-day standard program. Each session consists of a video tutorial, presentation, and an article. Those who complete the program and acquire at least 1,000 new subscribers will receive a GetResponse University Certificate of Performance.

As well as email marketing, GetResponse provides you with split-testing, professional landing pages, squeeze pages. If you target your web traffic correctly, you could make a full-time income on GetResponse alone.

Try GetResponse for free

Earn Passive Income Online – Getting Started

Wealthy Affiliate

Wealthy Affiliate is recommended by many in order to get online marketing started. Its training courses give you everything you need to know about how to earn passive income online. Thousands of experts are online realtime, exchanging tips, latest trends, do’s and don’t’s, as well as technology updates.

You can sign up and get the feel of it without spending a single cent, and it is possible for you to earn money even as a free member. However most members go for premium, because the commission for upgraded members is approximately double of free members!

Wealthy Affiliate is certainly my recommendation – free training and live support for experts who are all willing to help you to succeed.

Within such a big, diverse community, not only can you receive advices, you can also share what you know. I hope you agree that you need to be motivated to earn passive income online, and an element of motivation should come from giving as well as taking!

Special Bonus To Claim

There is absolutely nothing to lose when you join Wealthy Affiliate (no credit card required), but if you join Premium within the first 7 days, you are going to get a 59% discount on your fist month (only $19). No contracts. You can leave the membership any time you wish.

If you have any questions going forward, please don’t hesitate to contact me or leave your comments in the box below – it will be great to have you as part of the community at WA!

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Ray Alexander

Hi! I’m Ray. Over the past 15+ years I have been involved with web designing, programming and online marketing. I work from home and have a passion for exploring new tools, services and programs in order to make money online. I’m here to help you succeed in building a profitable business by sharing my experiences. Any question, don’t hesitate to ask!

Click Here to Leave a Comment Below

Steven

Hey Ray,

Good article. I have been doing affiliate marketing for about a year now. Recently I found Wealthy Affiliate and discovered all the mistakes I was making. The training was very helpful at getting me on track with my online business.

I highly recommend everyone interested in affiliate marketing, whether beginner or experienced, sign up for the free account and give it a try.

I also use clickbank and really like the instant and free affiliate approval. There are both good and bad products, like all affiliate networks, so do your research before promoting something.

Thanks for the great article!

Reply
    Ray Alexander

    Hi Steven, thanks for your comment. Yes you’re right, I find some really trashy products in Clickbank, that’s true. But then sometimes a product that I think is bad seems to be selling pretty successfully. Whether it’s down to the way it markets, or some elements that I didn’t see in the product…it opens my eyes.

    Good to hear that you enjoy your Wealthy Affiliate membership. I absolutely believe in it. I wish you the best of luck with continued success! Thanks for your visit.

    Reply
Chris

Clickbank is an execllent affiliate resource for those starting off in affiliate marketing. I’ve actually gone back to them after a big falling out with Amazon (US branch!). I also like the sound of this training platfrom you mention – very interesting and free as well? I may have to dive into this!

Reply
    Ray Alexander

    Hi Chris, thanks for your comment. And sorry to hear that you had a problem with Amazon, yes Clickbank is pretty versatile isn’t it. For venders as well as affiliates, as there is a vast range of products and services available. It’s a great platform to try. Yes Wealthy Affiliate is free, it’s my No. 1 recommendation. Thanks for stopping by.

    Reply
Matthew

Thank you for the review it has really helped me, i wasen’t sure which email marketing service to go for and i am incredibly grateful that you have shown me one and have given me a legitimate review of it.
The content here was excellent and was a really well written article, i look forward to seeing more of them in the future, well done

Reply
    Ray Alexander

    Hi Matthew, thanks for your comment – Get Response is one of the greatest few email marketing service providers, I hope you’ll give it a try. Best of luck to you with your success!

    Ray

    Reply
Henry

Hello Raymundo,

Excellent explanation what passive income is & how to take advantage of it & turn it all into profit. I enjoy the examples you bring to make a great start right off the bat.

I’m new to affiliate marketing & already loving it – You get paid exactly how much work & effort you are willing to put into it not just for your 9 am to 5 pm. Its possibilities & potential are literally infinite.

I’d also strongly recommend Wealthy Affiliate for every newcomer who stops by & reads this comment. It’s by largest margin the most comprehensive online marketing school on the internet & on top of that, it gives away huge chunk of its information for Free to kick-start your very own project.

By the way you got me curious: How long have you been with Wealthy Affiliate? ..& most of all, How did you find out about WA in first place?

Regards,
Henry

Reply
    Ray Alexander

    Hi Henry,

    Thanks for sharing your thoughts, I’m excited to hear that you’re enjoying affiliate marketing experiences. And I’m glad you agree with me to recommend Wealthy Affiliate. I’ve only been a member for a few months, though I’d known about it for a few years. I was “too busy with” my other retailing businesses, didn’t pay much attention.

    Before I wrote the review Wealthy Affiliate Make Money Online Reviews I was still a little sceptical. I only wish now that I’d joined earlier!

    Thanks again for your great comments.

    Ray

    Reply
Fred Chong

Thanks for the insight you shared about ClickBank and GetResponse as potential Passive Income opportunities. Although they are more but I do agree with you that these are important ones to start with. Passive income is also an income that will be recurring as long as those who purchased or subscribed to my affiliate program continue to remain as loyal customers. For those who are serious to venture into their own business or are prepared to explore through systematic Training and Support, Wealthy Affiliate remains the best in the Industry. May you and your supporters have great success with WA!

Reply
    Ray Alexander

    Hi Fred, thanks for your comment, I’m glad you agree with my views. Of course you don’t have to use any of these services/platforms that I have suggested to receive passive earnings online, but I find them extremely helpful myself, so needed to share with anyone who’s looking to for the same goal.

    Thanks again for sharing your thoughts.

    Ray

    Reply
tatihden

I am new to affiliate marketing and looking to learn as much as I can. In the past few months, I have learned to be patient. You do not make money over night, you work hard and wait patiently for your hard work to pay. I joint click bank but I have still to use it. Thanks for the information, it will come in handy. Wealthy affiliate is a great community. I have learned a lot from WA and I am still learning.

Reply
    Ray Alexander

    Thanks for your comment and sharing your experiences. Yes you’re absolutely right, a success doesn’t come overnight with any businesses. You need to work hard and wait, recurring passive income comes as a result of it. I wish you the very best of success with your future!

    Reply
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