2 Best Passive Income Ideas
Passive income is income that requires little to no effort to earn and maintain. It is called progressive passive income when the earner expends little effort to grow the income. Examples of passive income include rental income and any business activities in which the earner does not materially participate. It’s easy to think of passive income as money earned while sitting on a beach sipping mojitos, but there is lots of work involved, says financial coach and retired hedge fund manager Todd Tresidder.
Affiliate marketing is one of the most popular passive income ideas and for some it can be an active passive income once established. It is a strategy where an individual partners with a business (mainly an ecommerce sites ) in order to make a commission by referring readers or visitors to a business’s particular product or service. But that really is quite a simple explanation. To be really successful at making money with affiliate marketing there is a little more to it. There are live examples wherein people have started earning more than $100 - $100 daily through passive incomes, the earning depends on the strategy opted.
Before i dive into my favorite passive income strategy, i want people to know that the first passive income is one of the latest passive income ideas and the most famous in the last few months. The second passive income strategy is little old but one can earn daily $100 - $200 easily by following the right approach and process.
There are some few best passive income ideas like work from home (appen), binary trading (Olymp trade, Binomo), affiliate program (amazon, printful, reward affiliates), online games, online apps, online surveys and free lancing projects. Selling online courses, selling and creating a digital products and selling a stratup business are some of the new passive income ideas in the market.
But, the best passive income ideas are the affiliate program which one can start with zero money and with little efforts. Though Amazon Affiliate program is the most famous and widely used affiliate program, this program is now saturated as there are millions of people working as affilate partner with Amazon. As per the recent study there are close to 13 Million people working as Amazon Affiliate across the world, it was a good strategy of passive income but that was couple of years back. In this blog we will see the other most successful alternatives of amazon affiliate which one can start without any money or investment.
Printful is an on-demand order fulfillment and warehousing service that fulfills and ships products including clothing, accessories, and home & living items for online businesses. Printful is the easiest order fulfillment system you'll ever use, free to set up, and with no monthly fees! You sell products on your store, we automatically process and fulfill them when orders come through, and ship them out to your customer.
But how to become a printful Affiliate?
Link new customers to Printful and get 10% of their Printful order value! Start earning from the first order your customer makes, and keep receiving commission for 9 months. Earn 10% of every order you referred customer submits to printful. Recurring commission, for 9 months from the time your referred customer makes their first order. Convenient payments, receive your earnings through paypal.
How printful Affiliate works?
- Fill out the affiliate application form
- Get your approval and unique link
- Share and promote the link with your audience
- Make money for every referred customer
Your commission is calculated based on the printful product. An affiliate period lasts 9 months after your referred customer's first order. Minimum withdrawal sum is $25. Payment are made in USD via Paypal in 1-3 business days. Commission is received once an order is shipped.
Sign up here for Printful
There are some free lessons and webinars related to printful which will help everyone to understand as to how printful works.
Check out the Webinars here.
RewardsAffiliates is one of the most profitable Casino Affiliate Programs on the Internet today with affiliates earning massive commissions. Top Affiliate of Rewards Affiliates earns a massive $50,000 per month!! Rewards Affiliates is the official casino affiliate program for the casino rewards group, the world's largest family of Microgaming casinos.
RewardsAffiliates is the partnership between an online merchant who pays you for any sales you send them via many styles of links on your site, banners, text links, mailers etc. In short, this program will pay $$$ to bring players who can play Casino games. Becoming an affiliate is like becoming a valued partner of this company. It gives you the power to leverage off the quality service which they provide. All you need is a website or a mailing list to get started. It’s easy; just add one of there links to your site. These are provided for you in the form of banners, text links, mailers etc once you have logged in.
So, how do you start this affiliate program which is totally free. If you have your own website, add some marketing tools. You can insert some of the creatives provided in the members section. These includes: Banners, Emails, Text Links, Exit Popups and Direct Downloads. In the simplest form: a customer visits your site, follows a link to us, joins the casino and starts to play. You will earn commission on the profit generated from those players. There is no joining fees and once a month : payments are processed in the first week of the month. One can earn commission as well for referring affiliates, Reward Affiliates will pay you a whopping 5% of the paycheck of every webmaster you refer. So if you refer a webmaster that earns $10,000/month, you earn $500/month from that referral alone.
Online Gambling is one of the most exciting and profitable online industries. Casino Affiliate Program gives you a proven way to cash in on this explosive growth. Each month Rewards Affiliates pay top affiliates over $50,000 by using their unique tools and dedicated support, you can too! You refer players to our casinos and Reward Affiliates will share our profits with you forever! It's like owning your own online casino and it's FREE
Below are some of the Rewards Affiliates Features :
3 Highly profitable commission models for all affiliates
You get to choose how you earn!
You earn on referred players forever!
Fast, reliable monthly payouts
Pay every month on or before the 7th
Unique affiliate marketing tools
Flash Tools, even Games for your site!
Fresh creative so your site stays current
Constantly updated marketing materials keep your profits maximised
Dedicated affiliate support team
Experienced internet professionals to help you along the way!
No Negative balance carryover!
Any negative balances from player wins are reset to zero to start each month.
Trusted, Reputable Properties
30 Casinos all powered by MicroGaming!
Unlimited Earning Potential
You can get out of it as much as you put in. No Maximums or Limits.
24/7 Player Support
Customer care and call center supports players in a multitude of languages via toll free numbers, email and live chat.
Rewards Affiliates is one of the best online casino affiliate programs on the net. What are you waiting for? JOIN NOW!
Below are some of the good reviews of Rewards Affiliate
- Promotes one of the longest-standing Microgaming casino groups
- Exceptional variety of commission plans, even for new affiliates
- 2-tier sub-affiliation scheme included
- Payments sent within 7 days of the end of each month
- Exceptional variety of currencies and payment methods for payouts
- No admin fee
- Brands not marketable to US players
- Somewhat high $200 minimum withdrawal threshold
Like Amazon Affiliate, rewards affiliate might get saturated in coming years but it will take more 3-4 years. Year 2020 is the best to start affiliate program with rewards affiliate as presently there are few thousand people associated with it therefore there are higher chances of profit and return.
Final Words on Passive Income
If you are lazy and love your 9am - 5pm job then passive income is not for you. It is a false statement that "You don't have to work in passive income". You should have the passion to double your income figure and for that, you will have to work hard to generate passive income as nothing is free in this world. Bye for now, i will come up with some new blogs on online earning and passive income shortly.