GUIDE TO EARN PASSIVE INCOME FROM YOUR BLOG
Have you ever given a thought of making money online while you are at sleep or on vacation? If your answer is Yes and you are ready to learn how to earn passive income from your blog. In this “Guide to earn passive income from your blog” we will reveal what are the ways through which you can earn money while you are sleeping or on vacation.
Have you ever thought How bloggers make a living? How they can make money just by writing the articles or posts? Passive Income is something for which you don’t have to work all the time. The good thing about passive income is that you will be able to earn money whether you are on vacation or taking a rest from a 9 to 5 job.
Among most of the bloggers, successful bloggers are those who have a successfully created stream of passive income from their blog. Hence passive income is the regular earnings for them from their blog which automatically works day and night for them.
There are thousands of ways to create streams of passive income, blogging is just one. But the main point to be noted why many people using blogging as their stream of passive income is because blogging needs very less or no investments in terms of money. By blogging bloggers create profitable income streams that continue to work for them even the times they are not working.
So before deep diving to “Guide to Earn Passive Income from your blog”, let us quickly see what we are going to learn from this article
1. Is Blogging a way of Passive Income?
2. What is the meaning of Passive Income Blogging?
3. How Passive Income Works? Secret Revealed
4. How to earn passive income from blogging?
5. Top ideas for passive income creation
6. Tricks and tips for Passive Income Blogging
7. How to convert your post into a passive income stream?
8. Some examples of Passive Income blogs
9. How to create a blog for Passive income?
10. Are you ready to earn passive income from your blog?
GUIDE TO EARN PASSIVE INCOME FROM YOUR BLOG
1) Is Blogging a way of Passive Income?
Are you still in dilemma whether blogging can be or can not be a way of creating a passive income stream? Let me tell you that YES blogging is the simplest and easiest way of creating a passive income stream.
Blogging is a way of creating money even in times when you are not working or you are on vacation. A successful blogger has implemented various strategies and best practices on their own, hence able to create a stream of passive income. Even in times, they are not putting their effort and time into blogging, they are earning money.
2) What is the meaning of Passive Income Blogging?
Let us understand passive income blogging in the simplest terms.
The income which is received at some intervals of time without doing anything is called passive income. Or in other words, the income you are getting without giving your time and energy is called passive income.
You can relate the same concept in the real estate business. The people who give their houses for rent are not working in the house, yet they received monthly rent. In the same way, the income you get without having to work is called passive income.
The regular income from blogging you are getting without working for your blog is called passive income. Meaning, you are not constantly giving your time and effort or your blog or working on the blog for long hours yet you are earning money from your blog which is called passive income. The income you are getting when you are on vacation or sleeping is called passive income.
Thousands of businesses have successfully created different ways of passive income. By creating streams of passive income business owners need not work day and night to earn money.
The concept is simple, build or create strategies that work on the autopilot model. To start earning money from your blog you have to follow or create your models.
In this “Guide to earn passive income from your blog”, we are going to see different ideas through which you will be able to create streams of passive income from your blog.
GUIDE TO EARN PASSIVE INCOME FROM YOUR BLOG
3) How Passive Income Works? Secret Revealed
In regular income, you get paid for the amount of your time and energy you give to that job. For example, you get paid monthly for the work done by going to the office and completing the assigned task on time in your 9-5 job. If you stop working in the office you won’t get paid. This is pay by work model. If you work you will get paid, if don’t nobody will pay you.
Contrary to the above model, passive income is different. Passive income is something where you have created a model to get paid even in the case where you are not working. For example, you will receive money even when you are on vacation or not working.
In passive income, how much money you will get depends upon your strategy and revenue model which is associated with your marketing model. Yes, this is passive income. Passive income can be considered as a mechanism of earning money without the need for work.
But building a passive income stream is not child’s play. It needs a lot of hard work and passion before you were able to create a stream of passive income. It depends on How strong is your system? The strategies you make to run your blog to get traffic on the autopilot mode of earning money.
Successful bloggers are those who have successfully created streams of passive income for themselves. They will be paid regularly even in times they are not working.
4) How to earn passive income from blogging?
If you are interested in creating the streams of passive income then the questions like “How do I earn passive income from blogging ? How will I be able to earn money from blogging?” etc.
In my years of blogging, I must admit the answers to these questions are not simple or given in one sentence. This is something that needs a lot of learning and trial work. Depending on your niches and audience you have to identify your ways and strategies. There is no fixed model or strategy for a particular niche. Since every blogger is different so the mechanism to create passive income for different bloggers is different.
But the common thing is that initially, you have to create different monetization methods and strategies. When you use a smart and active modeling method of earning money, then you will be able to create passive income for yourself.
5) Top ideas for passive income creation
Now let us see some of the ways through which we will be able to create streams of passive income.
a) Passive Income Stream Creation by Affiliate Marketing
Affiliate Marketing is one of the best ways of creating a passive income stream. For most bloggers, it does work best. Affiliate Marketing can make money passively. Affiliate Marketing allows you to earn a good income for your website at the early stages.
Affiliate Marketing does not require regular work but it all depends upon your affiliate marketing strategies and models you follow in your blog. It all starts with the basic understanding of your audience’s needs and knowing what they are looking for. The better you know your audience and their problems, the more successful is your model.
I have seen many bloggers do the mistake of promoting a different set of products that do not belong to their niches. This should not be done as your audience belongs to different niche sets and promoting products of different niches won’t attract them. You have to use the same niche products for your audience.
In short, Affiliate Marketing is the process of earning money online by promoting other products thereby earning money in form of commissions from product owners.
Let us understand by a short example.
Suppose you have a blog in the food domain. You write wonderful articles for making delicious foods and guide your audience on what to do and what not to do for cooking delicious food. Now you have promoted a product from a beauty product. Do you think people who are looking at how to cook delicious food will ever be interested to see that beauty product? The answer is very simple and straightforward.
Here your audience is interested to know how to cook delicious food. They are interested to know more about cooking best ways. They are in no way interested in seeing beauty products.
Now you got the idea, you need to promote only those products which belong to your niches. If you want to promote beauty products then set up another blog for the beauty domain, and see the audience looking for beauty products will eventually click on your product.
Lastly, Affiliate Marketing is the best and most successful way of creating passive income from blogging. Affiliate Marketing is the smartest way to set up a business and make money on autopilot mode. To be successful in affiliate marketing, you need to pay attention to your audience’s pain points. By understating your audience then you can decide which products need to be promoted.
b) Passive Income Stream Creation by Selling Digital Products
Yes, you read right, nowadays it is possible to create a passive income stream by selling digital products.
In past, this way was not much successful, but now as technology advances, day by day people are getting more involved in digital products. They have realized the power of digital products and started using them. Hence this is now becoming another successful way of creating passive income. If you are thinking to expand your blog or business then it’s good to create a course, ebook, online learning mechanism, etc for them.
The concept is easy, you just need to create a good and reliable digital product and then promote or sell them on your blog. BY selling or promoting them on your blog you will eventually earn money. Once your product is ready and all is set up, it’s about time to get a sales notification to your audience.
Creating digital products does involve lots of hard work from you. But once your products are ready, you will be differently able to make money while you sleep.
c) Passive Income Stream Creation by Enabling Ads on your blog
How about putting the ads on your blog or website and don’t look at them often?
In my years of experience, I found this mechanism of creating passive income from your stream is another wonderful way. For most of the bloggers who don’t have time to do analyses and promote products, they simply use ads on their blog for making money.
If your blog has thousands of posts or articles and you are getting good traffic on your blog, then you can create a stream of passive income simply by showing the ads on your blog. The only source of this income is through an ad network.
You won’t believe it, but many bloggers are making thousands of dollars per month by using ads in their blogs.
But before moving to use ads and thinking of making money with ads needs one thing, traffic. Ads work best for those blogs that have high traffic. If your blog is getting high traffic then you can easily create a stream of passive income through ads. On the other hand, if your blog is new then ads won’t make much profit for you.
Ads are the easiest and quickest way of making money online. On top of this, it does not require to do any analysis, all of these parts are already done on behalf of you from your ad network. Different people have different opinions and mindsets, not everyone wants to make their hands dirty on affiliate marketing, some people want clear, simple, and straightforward ways of earning money online. For those people, ads are perfect.
d) Passive Income Stream Creation by Starting a Membership Site
Another approach to creating streams of passive income is to create a membership site in your blog. This idea is perfect for experts who are experts in a particular domain or subject. Membership sites are not an easy thing, since it requires to become an expert.
If you are an expert, then creating a membership site and providing useful information to your audience make you wealthy. The concept is simple, for every new membership, your audience has to pay a fee.
People buy such membership to learn new technologies and if you can help them through your content then certainly they will keep buying a membership for your other products too.
Making money with a membership site is very simple and straightforward, it needs great content, expert knowledge, and a proper understanding of the domain and subject.
The best part about these sites is that you get paid every month. Suppose a person buys’ membership costing $15 so you will earn $15 from a buyer every month. It’s one of the most profitable forms of creating passive income. By creating this income model, the sky is the limit to earn money online.
Some great example of membership sites are
1. Stock Photo sites
2. Template Sites
e) Passive Income Stream Creation by Creating Paid Challenges
Challenges can encourage people, depending upon the challenge people usually take action. Most often people love to participate in these challenges and love to see their business growing.
But keep in mind that do provide some value to the user in your challenge.
As long as people find value in your challenge and they got the solution to their problem, then you can easily make passive income with challenges.
GUIDE TO EARN PASSIVE INCOME FROM YOUR BLOG
6) Tricks and tips for Passive Income Blogging
Now you have learned what is passive income. What are different ways of creating streams of passive income?
Want to get some tricks and tips in blogging? If your answer is yes then keep reading. Below I am going to tell you some of the tricks and tips most bloggers follow to grow their blog.
a) Always Start with a strategy
Want to earn money with blogging? More often looking for the ways of creating passive income on the internet? But not sure what to do and what not to do?
If you stuck to the questions like above, then I will recommend you to take a break. Sit and relax. Blogging is a way of creating money but is provided used properly.
So the key concept here is whatever be your niche. You should have a strategy, a road map, and a backup plan when things don’t work.
By having a strategy you will be able to focus properly. By having a predefined time set you will be able to measure your progress and by having a fallback plan you will be able to not get demotivated when things do not work for you.
b) Passive income creation is not a one day task
In my years of experience, the one and most important thing I Learn is that “Creativity takes time to grow”. Meaning if you are new and want to earn money online by blogging, then you must have patience and the ability to keep working even in times when your blog has zero users.
Blogging is not a one-day task. It does take lots of time to grow. For the most successful bloggers if you see the age of their blog then you will realize how tirelessly they have worked on their blog for years and today they can earn huge money from it.
c) Having correct mindset
Having a correct mindset for blogging is necessary. You must be able to understand the power of blogging thoroughly. It shouldn’t be like that one day you are doing blogging and on another day you start thinking that you won’t be able to earn money through blogging.
Have patience, keep working, learn new things, keep them implementing in your blog. You will be surprised to see your blog after a couple of years. It will be making a money machine for you then.
7) How to convert your post into a passive income stream?
As we have already seen many ways of creating a passive income stream for bloggers. Assuming you already have lots of content, then it’s necessary to know how to convert your blog into an asset for creating a stream of passive income.
a) Use Affiliate Marketing strategies to create a stream of passive income
b) You can even create an ebook and sell it online.
c) Create a webinar on teaching a skill.
d) Writing a review article and then promoting it.
Most importantly, writing evergreen content is the foundation for passive income blogging. When you have converting content assets then making passive income gets easier.
GUIDE TO EARN PASSIVE INCOME FROM YOUR BLOG
8) Some examples of Passive Income blogs?
To make this article more useful for you, I have added a couple of blogs that are making lots of money by creating a passive income stream.
Creating streams of passive income is possible. You just need to have patience, passion, and consistency.
9) How to create a blog for Passive income?
Creating and setting up a blog is very simple. But the process of making a profitable blog is a strategic process that involves getting your hands dirty in lots of ways.
If you are interested to start your blog there here is the GUIDE TO START A BLOG FROM BEGINNERS.
In brief starting, a blog does need the following
a) Selecting a niche
The first and foremost step is to select a niche for your blog. Keep in mind to select a niche where you find yourself comfortable and possess good knowledge.
If you have selected a niche where chances of making money are more but you don’t have interest, then in a long term you will lose interest in your blog. So be sure to select the niche of your interest, where you can work for a long time.
b) Get a domain name
Once you have selected your niche, then it’s time to get a domain for your blog. You can get a domain name from Godaddy or NameCheap.
c) Get a hosting
Now it’s time to get a good hosting service provider. You can go for Bluehost or Hostgator.
d) Time to create a wonderful post
Now it’s time to create a quality content post for your blog.
e) Build an audience and authority
You will be able to make money online from your blog if your audience finds some value in it. Make sure to provide some value in the form of solving your audience’s problem.
f) Start Monetizing your blog
When you have a sufficient number of posts, then your start monetizing your blog. You can incorporate different techniques like google ads, affiliate links, etc
10) Are you ready to earn passive income from your blog?
I hope you find this article useful for you. I have tried hard to put every bit of blogging to earn passive income from your blog.
I would recommend you to bookmark this post so that whenever needed you can easily find the information.
If you have any questions or suggestions, I would love to hear them. Feel free to drop your questions or suggestions in the comment section of this post