Let me ask you a simple question: would you prefer to choose between passive income or active income.
So the answer for all of us would be passive income.
However, it is difficult for all of us to decide where the passive will come from.
Blogging can be the easiest and biggest source of passive income.
However, for which of the purposes did you start a blog like to make money, to make your brand online or to build a relationship with other influencers?
Whatever the reason, earning passive income from your site can be an immense pleasure.
However, I have a real fact: 80% of bloggers never make even $100.
If you’re struggling to make money from blogging then I have good news for you. This article will give detailed information about some of the top passive income sources for most bloggers.
Are you ready so let’s get started:
What is Passive Income
Passive income is a stream of income derived from an upfront investment of time or money. Which continue to generate cash flow a long-period of time with minimal ongoing effort or further cash infusions.
In a simple sentence, the goal of passive income is to earn money even while sleeping. For passive income, we need to prepare the business in such a way that you always keep increasing your income even if you are not active.
Although building such a business is very difficult in the beginning, with the passage of time it becomes a good source of passive income.
On the contrary, active income means that money will come as long as you work. That is, your boss will give you money only as long as you do his work, as soon as you leave the job, the boss stops paying you.
Blogging is an excellent example of passive income. Instead of getting paid for each hour you spend to write a blog post, you can set up several types of income streams which will earn money even after you are away.
So, how you can make passive income from blogging are covered further in detail in this article.
5 Best Ideas to Make Passive Income for Blogger
There are several ways to make passive income from blogging.
If you have a blog then all these methods can be better ways for you to earn money.
If you don’t have any blog or site yet, and you like these ways of earning, then you do not have to worry.
In the very first step of starting a blog, you need to buy hosting and a domain name.
To get started with a more affordable price, buy hosting from Bluehost which gives you a Domain Name and SSL certificate for free on a hosting purchase.
After that, read carefully the article How to start a blog and follow all the steps for setting up the complete process of blogging.
Once you start blogging, you can use the following methods to earn money:
1. Google Adsense
Google Adsense is a free service provided by Google that helps publishers monetize their web content. It’s the most popular way to monetize web content for people who want to make money online.
To get started with Google Adsense, you must have a blog or YouTube channel. Furthermore, you also need to get approval for an Adsense account.
Now create ads and put adsense code on your blog using a free plugin that will display ads automatically on your site. Now that you have done all these preliminary settings, you can sit back at home. You will see that your earnings are coming into your account.
Google Analytics pays you to display their ads to a certain number of people or they pay you for each click on their ad.
It works on two terms : CMP and PPC. CPM is known as “cost per mille”.
With CPM advertising , Google Adsense offers you a set amount every 1000 times ads is viewed on your site.
PPC stands for “Pay per Click”. PPC advertising can earn from several cents to several dollars on your blog for each time an ad is clicked. Most bloggers can easily get started with PPC advertising.
To get paid, fill in your tax information and enter your pin. When you reach the $10 limit, Adsense will mail a pin and you will start receiving payments once your adsense account reaches the $100 threshold.
2. Affiliate Markering
Affiliate marketing is one of the most popular and powerful ways to make passive income with your blog site. If your blog is very active then this technology suits you better.
Affiliate marketing allows you to place a product or service on your site. In return, you will get paid a flat fee or a percentage of the amount of the completed sales.
For this, you are recommended to choose those products or services in which you are very interested. Or to which your website is highly relevant.
Whenever a customer clicks on your affiliate link and makes a purchase, you get a commission between 15% to 20% of the total price. There are some best companies for Affiliate Marketing such as Shareasale, CJ, Impact etc. from where you can earn more money.
It is abound for all types of bloggers. But there is a special need to keep in mind that the affiliate product should be related to your website niche. For example, cooking and recipes blogs can make money by linking your favorite kitchen appliances.
Note: To be successful in affiliate marketing, you need a large number of users on your website. Unless your site gets a fair amount of traffic, you won’t be able to make much money from an affiliate deal.
3. Sell eBook
Publishing eBooks is one of the excellent ways for bloggers to create products without spending a lot of money. eBooks can be created simply by reusing content you have already written in your blog.
You can sell the ebook you create on your website or offer the book by joining an affiliate program. Don’t expect instant success as it takes more work like making a good ebook and marketing for it. But once you build an ebook and do enough marketing, you can earn money as passive income for years.
Here, you can see below some important tips for success of eBook sales:
- Offer discount: Set an exclusive discount for your blog user to sell the ebook written by you in large numbers. Also try to present the book with an attractive cover image to make it appear on the home page. Write an ebook according to your niche, as if your site is related to marketers or business, then present an ebook related to it. And also give a discount on it.
- Fix a fair price: In fact, it can be a challenging task when you think about determining the price of an item. If this is your first ebook then you are an unknown author for the readers. In such a situation, it can be risky to keep the heavy price. Pricing between $2.99 and $4.99 is fine, or else you can just let you buyers “pay what you want” pricing to decide. Also, check out what other authors are selling.
- Offer free download: If You Want To Make More Money With The Purpose of an ebook, You can use eBooks to create a target visitor list according to your niche. Which helps you to sell your product to them regularly from time to time. To do this you receive emails from visitors in exchange for your free eBook download. If you don’t want to give away the whole ebook for free, then give some chapters for free. So make sure that in return you are collecting emails.
4. Banner Ads
Banner ads are also known as display advertisements and the main purpose of banner advertising is to promote a brand. The goal of a banner ad is to take your visitors from the host website to the advertiser’s website or a specific landing page.
Typically, banner advertising is used to increase brand awareness, generate leads and target visitors. The higher the CTR (click through rate) of banner ads, the more effective the ads will be.
If you have a blog that has a lot of traffic on it, then banner ads can become a good source of passive income for you. Although, if you are not a professional banner ad designer then there is nothing to worry about. With Bannersnack, you can easily create static and animated ads.
Once you have created a banner ad, you can place it on your website. If you don’t have a website, you can buy space on other websites (in the condition of selling any affiliate products).In addition, most people choose advertising networks to help them distribute their ads.
Google Adsense Ads, Buysellads Advertising networks, Revenue hits and sharethrough are some of the best ad networks for bloggers.
Adsense has a minimum payout limit of $100 while the minimum threshold of Revenue is $20 on PayPal and Payoneer and $500 for wire transfer.
5. Help Others by Sharing Your Experiences
Many people help people to solve their problems by sharing their personal experience. When a person starts a new business such as a website, he has to face many problems to build a successful website, so your experience will be very useful for him.
Once you solve the problem of others, they become an ideal visitor. As a result, you can recommend them for the equipment you develop or any related product. And this way is a super idea for you to make passive income.
This method is not only your experience in creating your website, you can share any difficulties of life and make passive income by solving others’ problems.
For example, if you want to sell digital products on a WordPress website, you need to write an article on an eCommerce solution.
Are you really planning on selling a digital product, make sure to pick a solution that supports it.
Some Important Thought: Make Passive Income
There are thousands of passive income ideas to make money while you sleep. But it is a difficult task to start, how and from where to start it.
Firstly, identify your skills and be passionate about what you do. To start a passive income, you need to spend more time on online sources as well as your strong intention.
If you can choose any one of the good platforms like eCommerce, Blog and YouTube for passive income.
As we have told in this article many ways to earn from blogging for passive income, this is the best opportunity for you to earn money even after sleeping.
However, to start a blog, you need to use the best resource that provides a hassle-free environment for you.
Bluehost is the number one hosting provider vetted by the experts for starting both a best WordPress website “blog and eCommerce”. Furthermore, using Bluehost lets you use more than $100 worth of tools for absolutely free.
So let’s start a blog to make passive income today:
Obviously, you’ve understood many ways of blogging to make passive income. We hope you are all set to make passive income from blogging.
Surely, you can earn money from a blog even while sleeping.
