How to Make Money Online – Passive Income Portfolio
There’re many ways to make money online, let’s have a look at a few ways you can do so.
1. Paid surveys
Paid surveys are surveys distributed by Multi National Corporations that want consumer feedback on their needs and wants. This is a necessary step because creating a product that fits the consumers fancy can create huge income for these MNCs. Likewise, creating a product that no one is interested in represents a financial loss. Paid surveys are paid for by MNCs that value your feedback.
2. Sell products on eBay or Amazon
Amazon has got an affiliate program where you can sell their books for a commission. eBay allows you to buy wholesale then mark up for a profit on eBay’s trading platform.
3. Be an Affiliate
There are many affiliate networks you can choose from. The main trick is to find a product that converts well and a merchant that is willing to support your efforts in promoting their products. Since merchants want affiliates to add value, they don’t appreciate affiliates that breach trademark bidding and domain hogging, so be sure to have some innovative way to add value. Then you can ask for better commission and specialised affiliate tracking that can increase your ROI.
4. Passive Income
Passive income is the best, usually in the form of residual marketing. This is where you get to earn from other people’s efforts as well as your own. GDI is one of the best I’ve seen online because they pay double the sales you bring in. Say you brough in $50 worth of sales, they actually pay you $100.
5. Google AdSense
This is Google’s contextual advertising. Since its an advertising platform by Google, you can expect to be paid on time. The only thing is that to earn $10K plus per month with AdSense requires a ton of traffic and content. The best way to succeed with AdSense is to have content that is contributed by writers or forum posters.
6. Rent out skills
Renting out your skills to other internet business owners is a good way to get started when you don’t have the budget to start an internet business. You can visit Guru.com or Elance.com to search for jobs and bid for them. Feedback will be left on services provided so be sure to provide good service or it will get harder to get new jobs in the future.
Hope these quick tips gives you some ideas to make money online.