Disclosure: This post may contain affiliate links, meaning we get a commission if you decide to make a purchase through our links, at no cost to you. Please read our disclosure for more info.
Last Updated on January 20, 2024 by Work In My Pajamas
Many people think that earning a passive income doesn’t require a lot of hard work, but that’s not true. To get to a point when you earn money even when you are asleep at night, you will have to put in a lot of effort and dedication. Earning a passive income from your website is completely different than getting paid for an hourly job.
First of all, you will most likely have to put in a ton of effort during the initial stages of your website. To make things worse, you probably won’t make any money in the first few months. Nevertheless, when the money does start rolling in, you’ll be able to slow down on publishing content and instead focus on other things like improving the functionality of your site. In case you want to one day be able to earn passive income from your website, here are the top three ways to do it.
1. Affiliate Marketing
Amazon has the best known affiliate program currently available. The great thing about it is that anyone can easily become a member free of charge. Every time a user buys something on Amazon using a referral link your provided them with, you will get a percentage of what they spend. The exact percentage you get depends on the type of products they buy.
It doesn’t take a lot to start earning passive income from affiliate marketing, aside from time and patience. You will have to dedicate a lot of your time to writing useful content and product reviews. The best strategy is to find a niche and stick to it. For instance, starting a website dedicated to reviewing compact fridges is a good way to promote products to people who are likely to buy them.
Think about it, when someone searches for a specific item online it means they’re already planning on buying it. What you have to do is convince them why they should do it. Of course, you should refrain from making false claims as you want to become a reputable site in your niche. By focusing on writing quality content and search engine optimization (SEO), your organic traffic will grow over time. If you don’t know much about search engine optimization, consider contacting the best SEO services in Cape Town or wherever you are located. Investing money in SEO is a great way to ensure you’ll be making big bucks in the future.
2. Displaying Ads
If you don’t plan on writing product reviews and earning money through affiliate marketing, you should consider displaying ads. This is what most people with websites do. The most popular program for displaying ads is without a doubt Google AdSense. It’s very easy to get started with this program. All you have to do is sign up, go through the application process, create ads, and paste them into your website.
Although Google AdSense will help you get started, there are better options to consider once your site becomes more popular. For instance, you should think about using platforms like the Google Certified Publishing Partner called Ezoic. Keep in mind that getting approved for platforms like this can be challenging. Ezoic requires you to receive at least 10,000 visits on your site each month. You’ll also need to be approved by Google AdSense and be an informational and content-rich website.
3. Selling Your Own Products
Affiliate marketing is the perfect option if you plan on writing product reviews. Displaying ads is great if you want to have an informational website that doesn’t promote any products in its content. But even if you don’t plan on doing any of that, there is still a way for you to earn passive income from your site – by selling your own products.
Aside from creating online stores, you can sell digital products like eBooks and digital courses. To do this, you will first need to establish authority through posting free quality content. Write articles about something you have a deep understanding of. When you start gaining a following, you should offer your readers more in-depth knowledge through digital courses and eBooks.
Final Thoughts
There are three main ways to earn passive income from your website. You can do it through affiliate marketing, by displaying ads, or selling your own products. No matter what you decide to do, know that you will have to put in a lot of effort before you start making money. As your traffic grows over time, you’ll get to kick back a bit and enjoy the passive earning you get from your website.
