Of late, opportunities using the internet, rank amongst the best business opportunities to earn passive income from, with little or no investment. Passive income opportunities in the internet, vary from monetizing websites or blogs, submission to content sites, or automated online selling.
Monetizing Websites and Blogs
One good way of earning passive income from the internet is by starting a website and placing ads in it. The best ways to monetize the website or blog include:
- Subscribing to Google AdSense is the most popular way to place relevant block or text advertisements on your website. Each time a visitor clicks on an AdSense link, Google charges the advertisers through their Adwords account. The website owner earns a commission based on the eCPM value, or clicks per thousand impressions.
- An alternative to AdSense is Simply, which works in the same way AdSense does, but in addition, allows for filtering of unwanted ads, and creation of targeted text ads with chosen tags.
- Other website advertising alternatives include Kontera and Infolinks. These programs add code to the website, and create hyperlinks out of selected targeted text on the webpage. When visitors click on the links, the advertisers pay the website on a Pay per Click basis.
Content websites allow users to add content, and earn a part of the commission these websites earn, by displaying ads on the webpages.
Another option to earn passive income from the internet is uploading content, such as photos and videos, to popular sites that allow users to do so. Visitors interested in using such content pay for access and use of the images etc.
The affiliate marketing business, is another popular internet based passive income opportunity. Popular affiliate programs such as Amazon affiliate program make the process easy. The parent company provides the products, tracks sales, and gives commission for each sale made from the website, or the e-store.
Yet another option, is setting up an eBay shop; an automated eBay shop, either affiliate marketing, or buying wholesale and selling retail within ebay itself. While eBay normally requires active involvement, it is possible to automate eBay auctions with any good auction software programs available on the internet. Such software automates all transactions, including starting and ending auctions. Hiring out the shipping part also converts ebay into a passive income source.
Image Credit: flickr.com/Randy Stewart