Creating something to make passive income will take you time but there does not have to be any expenditure involved. The problem is always traffic – you need a way to drive visitors to what you are offering. So the best idea is to go where the traffic already exists.
There are a lot of ways to make an online passive income without a lot of money. Money always helps with online marketing but don’t let it come between you and success. A lot of the most successful passive income marketers started with very little.
Can you write? Every day there are thousands of books purchased from Amazon Kindle. There are all types of books sold including fiction and nonfiction. A lot of people say that they do not have the talent to write fiction books. It does take quite a bit of learning but you can do it.
Anyone can write a nonfiction book. Something that solves a problem that a lot of people are having is what you want to create. Some of the most popular subjects are:
Getting a Job
Building a Website
Do you have experience in any of these areas? It doesn’t really matter if you don’t because the Internet has the answer to just about any question you can imagine. Your book is likely to be a good seller if it answers the questions that people really have.
You need to do some research to find the problems and then some more to provide the solutions. To write a decent book of around 8-10,000 words you could do this over a weekend or it would take you a week in your spare time.
Signing up for an Amazon publishing account is free and easy and it is also easy to publish each book that you write. Be sure to spend a few dollars on a quality cover for your book. Go to Fiver.com and get a great quality cover for a few bucks.
You will need to promote your book in the beginning to get some reviews and sales. The first thing you must do is tell your family and friends about it. You can do special promotion periods where you provide your book for free and people will provide you with reviews.
Once you start making sales you will rise up the Amazon rankings and before you know it your book is making a lot of sales every week. Just write more books and rinse and repeat for even more passive income.
You can create YouTube videos to promote products and services and make a commission. You do not need a camera to do this but it is advisable that you use a reasonable quality microphone.
It is a lot easier to rank videos on Google than it is web pages. So the first place to start is keyword research. If you are providing a review of a product then see what the search volume is for the product using the Google Keyword Planner.
So for example you might find:
Product Name review
Product Name reviews
Product Name scam
Product Name by Author Name
And so on…
Your review needs to be interesting and insightful. Tell people about the good and bad points of the product (no product is perfect). Have a very clear reason for recommending it. Reviews based on experience work the best. If it is a make money online product then buy it or ask the creator for a copy and then use it.
Make a video of your experiences of using the product. You can and should record screenshots of you using the product (especially if it involves websites and / or software). You can do this for free by downloading Cam Studio which is absolutely free.
Once you have created your video (use a free editing software such as Windows Movie Maker) to produce it, then upload it to YouTube and use your keywords in the title, description and the tags. Share it on social media and watch the traffic and conversions build.