Wouldn’t it be great to have a passive income website? Having money coming in 24 hours a day, 7 days a week on complete autopilot? Far from fantasy, this is a reality for more and more people every day. So how can you own a passive income website? Well there’s a few ways you can earn passively from a website. The fastest way is to simply buy one. Affiliate websites can be bought directly from a site called Flippa.com.
The most profitable sites of course are also the most expensive. Checkout this one selling for $85k! The net listed profit for this site is $3,733 per month – nice! Imagine nearly $4k coming in every single month on complete autopilot!
But what if, like most people you don’t have a spare $85k in your back pocket!? You can of course find cheaper websites to buy and there are other ways to generate an income from a website passively. You can do it for much less if you’re prepared to put in some work.
Passive Income Website: Start An Online Business As An Affiliate
Affiliates can use plug and play software to help them build fully made websites with pre-populated affiliate banners, links and all the bells and whistles. You can set up your own online business website complete with products to sell and all the training you need to make it profitable. Get started here.
Building an online business from scratch is easier than ever and far cheaper than buying an existing online business. To make your online business profitable, you need to setup your website initially in combination with an email marketing tool.
You’ll be able to follow a step by step process to do this using the above free account. You’ll also benefit from using existing affiliate products which pay high ticket commissions, recurring commissions as well as regular “one time” commissions. This is a major key to making your income passive. Particularly through using subscription products you can build a passive income through recurring income affiliate programs.
Passive Income Website: The 6 Figure Funnel
The 6 figure funnel refers to the product range you can sell from your website. With most affiliate businesses you only earn a “one time” commission through selling products from your website. But with a 6 figure affiliate sales funnel, you benefit from high ticket sales, subscription products and recurring commissions.
With such a business model, it’s far easier to become profitable through using paid advertising. This means you can more easily create a large business through running and scaling paid advertising.
Passive Income Website: Blogging
Another way to create a passive income website is through blogging. Blogging is a slow strategy compared to the previous example and far less scalable. However, there’s power in a blog if you are able to choose a topic you can sustain over the longer term. Blogging can produce a nice passive income through building content in your chosen niche and compounding your efforts over time. Although it’s a commitment to build a blog, it is another way of generating passive income online through a website.
When using blogging, it can take several months or even longer to generate traction, depending on your chosen niche and the relative competition. But over time if you stick at it, you can generate free traffic from the search engines: Google, Bing, Yahoo etc. This means you can monetise it quite well using either affiliate products or using advertising (e.g. Google Adsense). With subscription affiliate products up your sleeve, you can compound your efforts by generating passive income from recurring commissions too!
Blogging is no doubt a longer term strategy than purchasing a site from Flippa.com, or building an online business using paid marketing. But it’s also a much cheaper option too.
Recap
To recap I’ve mentioned three ways in which you can generate a passive income by using websites:
- Buy an existing website which is already making money (Flippa.com). This of course is the most expensive option, particularly if you want a top earning site. Cheaper sites are available too but you should do you due diligence before committing to buy something you don’t know much about!
- Build an online business from scratch – using high ticket products, plug and play software and subscription products in your sales funnel is one of the best ways you can build an online business quickly and start earning a passive income from the tools and automation available online. This is the next best thing to a top site and much less costly. Plus you’ll be learning valuable life skills if you choose this path, such as marketing. Access the free account here.
- Another option is through blogging. Bloggers find a niche in which they have an interest or passion and continue to create highly useful content in it. Blogging is super cheap but slow. You’ll need to pick a good topic which you can sustain your interest in over the longer term. This ultimately can give you free traffic which can be monetised with affiliate products and advertising (Google Adsense, for example).
