Who doesn’t want to make money while they sleep?
Creating a passive income via blogging isn’t easy. But it’s doable, especially if you find an in- demand niche.
Most people believe that blogs are just online diaries. However, nothing can be further from the truth. Many people use blogs as sources of information on various topics, from beauty and fitness to financial advice to real estate.
This being said, let’s look at 5 ways you can create passive income with your blog.
1. Sell a Template
Are you really good at making people listen? Can you make anyone curious to see what’s in the email you just sent them?
Many people would kill for those skills, and you can help them out by showing them a template you use for financial planning, email marketing, etc.
The template doesn’t have to be fancy. They just have to work. For example, there are bloggers who sell financial planning templates made in Excel, or copywriters who sell email templates made in Docs.
2. Sell a Book
One of the most popular ways to get recurring income and work only once for it is by writing a book. The beauty of this passive income idea is that you also get to keep 100% of the earnings if you sell it on your website.
All ebooks platforms get a cut. But if you sell it directly on your website, all earnings will be yours.
On top of this, publishing a book builds credibility and often opens doors for other business opportunities as well, such as being hired to speak in events or sharing your story on podcasts.
3. Promote Other People’s Products
Affiliate marketing is perhaps the most popular source of passive income. There are thousands of websites out there specifically for this kind of purpose: to blog in a certain niche that attracts an audience that would be interested in certain products.
For example, many health & fitness bloggers end up promoting protein powders, supplements, and gym equipment.
The secret is to introduce the products you’re trying to promote naturally in your blog content. For example, if you’re trying to promote a set of kettlebells, write about how you sculpted your arms in less than 6 months.
4. Sell a Course for In-demand Skills
If you’re really good at making things go viral, or if you are really good at coding, creating a course might be your best option.
But keep in mind that before you start working on it, you should do some market research and compare what you can offer with what others are offering as well.
There are many online courses out there on everything from teaching you how to sing to how to become a professional photographer.
5. Sell Branded Products
Mugs, t-shirts, and toys offer an excellent opportunity. If you have a strong brand and a following that loves being associated with you, selling products with your logo on them can be a viable passive income source.
Just think about celebrities that sell products with their names on them. The products may include perfumes, cosmetics, and clothing.
It puts into motion the same concept, just on a smaller scale. The more popular you get, the higher the chances you will make a steady stream of income from it.
How to Get Started
Bloggers are no longer just people who share their thoughts online or have published diaries. Many of them are now transforming their passion into a source of income by offering services or products to their audiences.
If you want to find out more about build a passive income via blogging, make sure to visit at howtostartablog.com.