5 Ways to make passive income online

January 23, 2018Victoria Coburn

5 Ways to make passive income online

Hello and welcome to my blog! I’m so glad you’ve come back to visit. If you are new here, my name is Victoria, and I’m so glad to have you! Make sure to get to know me better before you leave, and don’t forget to follow me on Instagram, Facebook, and Twitter if you want to keep up with my Gorgeous Life!
 
 
It sounds crazy…making money while you sleep, while you travel, while you work. But it’s not crazy at all. It’s called passive income, and it is generating part time and full time revenue for people all over the world.
I finally was able to monetize my blog earlier this year and it has been amazing for me!
The internet has changed the way we earn money. Making it easier for people to generate an income without working a full time job away from home.
Passive income, is income that you make without having to actively work for it. This is particularly amazing for stay at home moms like me who want to bring in a little bit of extra cash.
There are many ways to generate passive income, and I’m going to go over the ways people are doing it in 2018. I can’t guarantee there will be results, but I can say that it is working for tons of people all over the world.

If you want to learn how to start your own profitable blog, check out this post!
 
1.      Write an e book and sell it on multiple sales channels.
We all have our area of expertise, and we have people that could benefit from the things that we know. So, why not share your knowledge and generate a little bit of cash as well? Writing an e book is a great way to get some passive income.
You can write one from scratch, or if you already have a blog, you can repurpose some of your old blog content and put it together in a book. People will pay for the convenience of having all of that information in one place, and bonus points if you include a printable checklist or something they can use to implement the things they learn.
 
 
2.     Sell worksheets. If you are a teacher, or homeschooling parent who knows how to create worksheets for students-you can make money! You can sell them on Teachers Pay Teachers, which is a site where you can purchase all kinds of teaching materials. I personally purchase lots of worksheets from that site, and I know that it is an incredible resource for educators all over.
 
3.      Create an e course. Like an e book, you can make an e-course, and make tons of cash. I often see e courses explaining how to start a blog, or how to start making money with your blog. A lot of these courses are set at $400-500. It does require a lot of work initially, creating all the modules and such, but once it is complete, you can just sit back and watch the money roll in. This has generated hundreds of thousands of dollars for bloggers so I know it could work for you.

      Have you joined my community for bloggers? I’d love to have you!
 
4.      Sell Stock Photography. There is a huge need for stock photography in the online world these days. With so many bloggers and writers needing high quality images, this is a great way to make some extra income! If you are good with a camera and can produce great content then I suggest you give it a shot!
 
5.     Join Affiliate Programs. If you are active on social media or have an engaging following, you should definitely join affiliate programs. There is a program for just about everybody. Shopstyle is for fashion, Amazon has affiliates, Target, and apple just to name a few. You will earn money based on clicks and/or purchases depending on the program.

     Instagram presets
      One thing that has become increasingly popular in the last year or so is the need for Instagram presets. With the obsession for a perfectly curated and coordinated Instagram feed on the rise, having a preset product is a great idea. People with planned, cohesive Instagram feeds usually gain more followers and grow faster than those that are not. Presets can be an awesome source of passive income and a great addition to your passive income streams. If you aren’t sure how to create them but would like to take a stab at it, there are lots of instructional videos on youtube that can have you creating presets like a pro in no time!
      
      Instagram story canva templates
      Another thing that has really blown up lately is Instagram stories. They used to be simple, but now with options to add polls, music, gifs, countdowns, and more, people are finding awesome ways to make their Instagram stories stand out. Instead of taking pictures and posting them, people are using editing apps like canva to edit and add text. If you are good at creating templates, you could start creating some Instagram story templates for people to download and use for Canva. Canva is a pretty hot app at the moment and is definitely worth taking advantage of.
     
      Pinterest Pin templates

       Just like Instagram story templates, you can also do the same for Canva. Pinterest can be a gold mine for blog and website traffic if you create beautiful pins that encourage clicks. If you are one of the people who have the pin creating process down to a science, you should try creating pin templates. If you already make custom templates for your pins, just sell those! One of the keys to pinterest success is creating multiple pins for the same blog post or article, this takes a lot of effort and creativity to come up with different pins all the time. For some people, it’s just easier to purchase templates. And that’s where you come in!

 

 

Now remember, Passive income isn’t entirely passive. You will always have to do work marketing your product, promoting affiliate products, and maybe updating posts here and there, but it is definitely a great way to make some extra cash and for some, it turns into full time income. I would love to hear from you guys about your experience with passive income. 
 
There is just so much out there on the internet it’s incredible to see how much money you can make!
Have you tried it or have a friend who is killing it at making money from home? Let me know! I would love to hear those methods as well. 

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