Jumat, 08 Oktober 2010

Multiple Methods of Creating Passive Income on your Blog

 

 
 

passive-income
This is a guest post by Lena Morrish and Dima Nikolayenko from internetbusinessbts.com. If you want to add your post here feel free to submit it using our guest post page.
For those that are using their blog as a method of creating passive income, they typically are using more than one income stream. This is for a variety of reasons, but mainly because you never know an item might appeal to someone, so you want to give your potential customers as many options as you possibly can.

If you aren’t sure what types of methods are out there that you can engage in, keep on reading for some ideas that you can use today.

Convince your Visitors

One of the best methods of passive income is selling a product that a customer needs to purchase over and over again. All you need to do is convince them to purchase from you the first time, and when they need to buy that product again, they will return to you. While this is not fully passive, getting the follow up sales typically does not require a lot of effort.
When you are selling a product, once you sell that first product and the customer trusts you, not only will they return to you to purchase another product, but they will refer their friends to you for the same product. They will also purchase other products from you, which may have a larger profit margin for you.
Another method of making money off your blog is to sell affiliate products.

Sell Affiliate Products

Here you advertise a product and the customer purchases it through your website, but they are actually buying through a third party who ships the product out. There are many different products out there that work though affiliates, so you should be able to find something that works with the subject of your blog.
Likely you can have several different affiliate options for people on your website, which also help to increase your income.  Advertising is another method that you can use to earn some income. You can sell advertising space on your blog once it is popular enough and receives enough traffic. Without these, many people will not be willing to spend much money to advertise with you. If you are looking to get paying advertisers, be prepared to share your statistics with potential advertisers.

Sign Up with Related Programs

Another method of advertising is to sign up with programs that have you place their ads on your blog, and then pay you when customers click on these ads. The amount you get on the clicks varies depending on what the advertisers are willing to pay for the clicks.
Within the settings, you can set what type of ads will show up on your site which is important as you want to maintain a reputation, and you do not want just any ads on your site. If you are blogging about computer issues, it likely is not a good thing if there are ads for children’s toys showing up.
There are many different methods of creating an income from your blog. Some of these require a lot more effort than other ones do, and some will get you a faster return than others. But it never hurts to have multiple methods available to you so that you can increase what you are able to generate.

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