Looking to make a digital marketing passive income? Anyone can use digital marketing in order to generate an income online. With automation and through the selling of other people’s products, you can also make this passive.
Today more than ever people are waking up to the potential of online digital marketing and the ability to earn online on complete automation. But how does this work and what does it take to make it a reality?
Firstly, one of the best ways to turn digital marketing into cash is with a business model called affiliate marketing. Affiliates promote and sell other people’s products using various online digital marketing techniques. They are effectively third party referrers – middle men (or women!), who refer customers to products and services online.
To make a digital marketing passive income a reality, you need to join an affiliate program and learn how to sell online.
Digital Marketing Passive Income: Income Sources
You can also make an income from other strategies of course. Google Adsense allows content publishers to place advertising on their content. When visitors click on the ads, the publishers earn a commission. With enough traffic to a website this can bring home a nice tidy passive income.
However, getting traffic to a website to monetise with Google Adsense needs to be done very cheaply, because you only earn tiny amounts for each click. Since this takes a lot of time and commitment building content, I’m going to suggest that affiliate marketing is a better way to do things.
With affiliate marketing you can still build content to attract visitors. But you stand to make considerably larger chunks of income because you can sell products and earn from your referrals. You can of course use both methods, subsidising the income from affiliate sales with a trickle income from Google Adsense or similar program. See also best Google Adsense alternatives and Adsense vs affiliate marketing.
Digital Marketing Passive Income: Products
There’s literally thousands of affiliate products you can find online to promote as an affiliate. Amazon, for example, is a popular affiliate portal where hundreds of thousands of affiliates promote the products on the site. However, Amazon doesn’t offer the best commission levels and typically only pays between 3%-10% on sales generated on its product range. Amazon does give you a lot of choice however of the products you promote.
You can also choose to promote digital products which typically pay between 30% and 40% commission to referrals. There’s also subscription affiliate products and high ticket affiliate products, both are worth considering if you’re looking to make an income online. With a subscription affiliate product you can earn ongoing passive income from previous sales. High ticket products pay much larger commissions than the standard priced products you might find on Amazon, for example.
Promotion Methods
There’s also several ways you can promote affiliate products. The fastest method is with paid marketing. Once you learn how to run a paid ad campaign and become profitable, you can scale it up by increasing your budget. With affiliate products there’s no need to personally handle products yourself, or deal with customers. This means you can focus on learning the marketing skill. Since this can be automated and scaled up globally, it’s one of the best opportunities to create a passive income from anywhere globally!
Most top affiliates also use an email marketing autoresponder. Autoresponders help online marketers collect email subscribers and automate delivery of follow up messages. With a large list of subscribers, and through using recurring income affiliate products, you can more easily build a passive income online through product referrals.
Another method of generating traction online is through content generation. This blog is an example of content generation. Although this takes longer than through using paid marketing, there’s a residual effect of building a lot of content. Over time, your efforts compound and you can earn a passive income from the work you’ve done previously.
Content marketers use websites, blogs, video and other forms of content to attract an audience. They then monetise their content with affiliate products or advertising, or both! For this to work can take several months of building content before the results can been seen. With paid marketing you can see almost immediately whether a campaign is working or not. Plus paid marketing is very scalable whereas content marketing is more difficult to scale up.
Fastest Methods
The fastest method of creating a passive income from digital marketing is through using paid marketing and a high ticket sales funnel. With a high ticket sales funnel you can sell high valued products and earn larger commissions from their sale. If you combine high ticket products which are also digital products, your commissions are much higher than with low valued physical products. You can also benefit from subscription products within your sales funnel which pay out recurring income commissions.
To learn more and get started access a free video series here.