Creating products for passive income proliferation is an excellent way to get past the whole idea of working trading hours for dollars. All of us are programmed to work eight hours a day for a wage or fee, but it doesn’t have to be that way. One of the oldest passive income ideas is rental income for real-estate, but today you can earn passive income online right from home. Here are some ideas that work well.
While creating these products is not actually "passive" in that you still have to do some work, collecting a big pay day later when other people promote your products as affiliates will feel as if you didn't work for it.
When it comes to eCourses there are many ways to deliver the course. You can do it yourself on your own website using a password protected page, through email autoresponder like Infusionsoft, or through other methods. Let’s go over a few of those methods to familiarize you with the multitude of ways that you can deliver your course.
However you decide to set up your course, it's important to ensure that you have the right payment gateways that your audience wants to use. In most cases, most people who buy courses on line like to pay via credit card or PayPal. So, you'll need a professional account in order to accept payment.
Search engine optimization is an important component in online marketing. It uses techniques to ensure that your website or blog receives as much traffic as possible from all the search engines. But, you don’t really want all the traffic; you just want the traffic that is right for your website. You want targeted traffic that wants what you have to offer. This is the way you make the most of search engine traffic.
To get started making the most of search engine traffic, do the easiest things first.
Do you have broken links on your page that you haven't fixed? This can happen easily for many reasons. However, the reasons don't matter as much as making sure that you fix the broken links. You can use a broken link checker to check for links regularly on your website. When you find links that don't work, fix them right away.
Link - http://www.brokenlinkcheck.com/
You can personalize a 404 error page to take advantage of your audience members accidentally going to the wrong page or a link you didn't catch that's broken. There are many ways you can personalize and optimize a 404 error page; how you do it will depend on the voice you want to project on your website or blog.
Over time keywords change due to the audience changing or society changing. Words today may mean something else later. Taking time to study keywords and making a long list of all variations of keywords can also help you think of new content to create for your audience.
When you have studied the right keywords, you can use them as titles, headlines and sub-headlines on your website and blog posts. Don't try to be tricky in your titles at all; instead use all words correctly and accurately.
Your audience cares more about what's in it for them than about what's in it for you if you answer the CTAs. Find ways to get through to your audience about all the benefits of your offerings and what you can do for them.
The days of getting any links into your site are over, but getting links from authority sites is always important and will always be in. If you can get links from .edu sites, that's even better. A way to accomplish this is to create your own courses that are high value enough that an education site may take notice.
A great way to get noticed by others, including search engines, is to link out to other sites that have authority. Content curation is a great way to create valid links out from your website to authority websites. Include a blurb of your own for each item you link to so that your opinion and thoughts are added to the information you share.
Content of all forms is important to put on your website and blog. Use text content in the form of blog posts, audio, video, long form, short form, white papers and more on your blog and website to get the most from search engine traffic.
Finally, use the right meta information such as "alt" tags on images, tags on posts, and so forth. Try using a plugin like SEO by Yoast if you use WordPress to build your site, to help you get the most from search engine traffic.
You hear a lot about search engine optimization or SEO, but often what that means is a mixed bag. Many people don’t understand what SEO is, or that there are many kinds of SEO and that you don’t have to be an expert to improve your SEO. There is both on-page and off-page SEO. Let’s take a look at both types.
The thing to remember is that SEO tactics change continuously based on the algorithms that the search engines choose to use to help their audience find what they're looking for. The big key to remember is that the search engines are trying to deliver excellent results for their target audience. Your job is to help them.
Off-page SEO consists of anything you do to improve search engine traffic and results such as inbound links, trust building, social media, blog promotion, videos, press releases, commenting and more. You can use all of these tactics to help build up your website's traffic and thus your conversions.
Finally, when it comes to off-page SEO, don't underestimate the power and effectiveness of the good old-fashioned press release to get the word out about your business to the media. Press releases are still excellent ways to publish information about your products and services, especially if you can tie it to a popular human interest story and news of the day.
On-page SEO consists of anything you do on your website to ensure that you get more traffic to your website via the search engines without paying anything for the traffic. Creating perfectly optimized pages is as simple as adding a little extra effort.
Using both on- and off-page SEO is an effective way to ensure that you set up each page on your site properly. If you use self-hosted WordPress, you can use various plugins like SEO Yoast to help guide you for on-page SEO.
Link to SEO Yoast - https://yoast.com/wordpress/plugins/
When you’re a service provider, in many ways (unless you have a huge team) you are working trading hours for dollars. With only so many hours in the days, your income will eventually top off. But, if you work in your spare time to create passive income, you can create a situation where you can overcome the hours for dollars trap.
First of all, let's understand what passive income is. It's not really as easy as the word "passive" makes it sound. You do have to do some form of work first to collect the income down the road. But, you do the work today and then collect on it tomorrow - many times months and even years down the road.
The best way to approach creating passive income as a service provider is to consider who your audience is right now, then find products and solutions that can help them. For example, if you are a virtual assistant for life coaches, they're going to need systems such as payment processing systems, course delivery systems, sales pages and more. You can become an affiliate for all of these systems that you then recommend and help set up for your customers.
As a service provider, there are many things you know about your clients which can help you determine what they need. You probably know your clients more than other people who create affiliate products and systems to use, so you may be able to find and create even better offerings than others due to your insight.
Here are some more ideas for creating passive income.
Developing passive income sources as a service provider is a delicate balance. Always be honest with your clients when you recommend a product to them that it's something you will earn commission on. Nothing is wrong with that at all, but you have to be up front with them about it.
One of the most important assets you have is your current customers. It’s much less expensive to keep your current customers and turn them into repeat customers than it is to go out and find more customers. This is not to say you should not keep marketing to find new customers, but you should do all you can to nurture the existing relationship you have with current customers in order to increase sales. Here are seven ways to achieve that.
Your current customers are far more important to help maintain a long-term business than you may initially think. They can become your biggest fans, recommending your products and services to others. And if you please them, they will become repeat, long-term customers that will stick by you for years.
As a small business owner it is imperative that you study the supply and demand of any particular niche for which you feel you want to be involved. In addition, choosing a smaller niche market can allow your business to avoid competing with huge businesses that can afford to put out less expensive items.
As a smaller business owner you can charge higher prices for specialized and differentiated products or services that you promote to smaller audiences, giving higher profitability. In contrast, a larger business isn’t going to touch the smaller niches because they want to make much larger profits than the smaller niches will allow.
The trick is to learn how to analyze the supply and demand of any particular niche to ensure that you want to enter that market.
In order to make all this work together it’s important to:
Bringing all these points together will ensure that you understand how supply and demand relates to the profitability of your niche. If there aren’t enough customers, or enough demand, and you can’t sell at a price point that fits with your income needs, you can then know it’s time to move on to another idea.
Every business needs a vision. A vision is like the big daydream you have in the middle of the afternoon after paying all your bills. It’s about sitting on the balcony of your beach-side resort room watching the sunset while working from your laptop. It’s the fanciful but possible potential of your business dreams. It’s not going to happen today, but if you reach for the stars, and work toward it, it could happen.
Here are some questions to ask yourself:
Use this information to figure out where you’ll be in five years from now or ten years from now. That is your business vision.
Acme VA Services will be the top grossing, premier virtual administrative providers in North America by providing reliable, consistent and knowledgeable administrative and author services to six-figure e-book authors.
Once you write a business vision, use it to take action, create a strategy, and formulate tactics to actually reach your vision. Use the vision to motivate yourself, employees and contractors. You know how they say to dress for the part you want? Well, it’s the same with your business vision. If you have the vision to be the top-selling Kindle e-book seller, then you need to act like you already are and do the things it takes to make it a reality.
Maybe money isn’t the most important thing to you. Maybe something else is important to you. If that’s the case, this should show up in your business vision as well. What’s right for one business might not be right for another. Perhaps you want to be able to donate millions of dollars to charity by giving away 10 percent of your profit each year. If that’s the case, and your dream, write it down.
Your vision can include dreams about:
You can include any number of other issues that you find important within your business vision. Not everyone is in business only to make money. After all, this is about a vision that you have and it’s personal to you about your path in the world and with your business.
Almost everyone reading this has experienced microtargeting in the form of paid political “robo” calls, personal phone calls, and emails from political campaigns. This is simply taking the idea of the customer of one to new heights. While you may be bothered by the political phone calls, the truth is microtargeting works. If it did not work they would not spend billions on doing it. As a small business you can also take advantage of microtargeting, and you should.
No, you don’t need to make irritating calls at dinnertime, but you can use microtargeting in several ways as part of your overall online marketing campaigns. Probably one of the best known ways that you can engage in microtargeting is via Facebook Ads and Retargeting Ads. These types of ads are directed to you due to activity that you took, or due to the advertiser singling you out using your demographics.
Your business can take advantage of microtargeting using your email marketing software too, if you send out a poll to your audience to collect more information. You can also look at their behavior to make some assumptions about future behavior. All microtargeting really is, is using the consumer’s behavior to predict future behavior, or their demographics to single them out for specific specials and sales.
Using the consumer data that you can gather to identify and influence smaller groups of people toward purchasing your products and using your services isn’t really anything new. What is new is the technology that makes this one of the most powerful forms of marketing the world has ever known. Microtargeting can improve your sales dramatically, and is not something that you should avoid.
Remember, if it’s good enough for political campaigns, and by the way, Visa (who also microtargets consumers), then it’s good enough for you. Imagine bringing back visitors who came to your site with an appropriate Facebook Ad, or sending ads only to a select group of people who are likely to respond positively, without wasting money on people who won’t.
Joining together in a joint venture (JV) agreement with another person or business entity is a common way to join forces without changing the structure of either business. When you join with another business temporarily, you can share resources in terms of people, technology and finances. This can make the combination stronger than each individual business.
There are many reasons to enter a JV agreement with the right person. But, before you get started, know why you want to do it so that you understand, based on your goals, who you should work with. Remember - join with someone who has a complementary business to yours, not your direct competition, and not when it has to do with your main source of bread and butter.