Smashwords is a different kind of ebook platform. With proper formatting of your ebook you can have more-or-less automatic conversion into many formats, making it available as a PDF or an Apple iBook, for example. If you’re already published on Kindle or Nook, be sure that in your Smashwords settings you opt out of having them sell in those formats, because they take their cut in addition to the amount Amazon or Barnes and Noble keep from each sale.
If you’ve got a way with words and expertise in a niche, there are plenty of sites that will pay for articles and content you write. Think of the sites you read regularly. What can you contribute to them that would be interesting? Research your niche and then look for ways to pitch articles. Many sites will simply have a submission or contact link in the footer. To get started, check out my full guide to becoming a freelance writer on the side and then submit your articles to places like Listverse, TopTenz, A List Apart, International Living, FundsforWriters, and Textbroker.
The specific plan I teach is designed to make you $5,000 per month in passive income earnings, based on 10 websites, with each website having a targeted earnings level of at least $500 each. Once you understand the process though, you can decide to build 20 of these websites, or 100! When you stop is up to you (and yes, there are people making tens of thousands of dollars per month on the Internet based on these concepts – they just love the work and don’t ever stop building new websites or expanding their current ones!).
Another example is Mark Organ. His company, Influitive, helps companies and brands harness the power of their fans to create new “advocate marketing” channels. The software they have created to facilitate this is very powerful, but it often takes a mental leap for people to understand how “advocate marketing” really works. Mark wrote his book, The Messenger is The Message to explain this, and he has seen incredible growth since its release.
This is yet another online chat website that pays people to chat and flirt. However, this company focuses on women as models and encourages people to share their photos through their text messaging service. This does not mean that you will be forced to share your photos. No, you can just chat with men without sending them your photos. You are your own boss and the more you chat the more money you earn. The good thing about this company is that it allows women 18 years and older from all over the world to participate.
In addition to interacting with friends and strangers, social networking platforms like Facebook, Twitter, Instagram, and Snapchat can be used to make money. Companies and popular brands pay social media strategists to further boost the popularity of their products. With lots of competition around and the constantly shortening of attention time of online viewers, creativity is essential to create posts, videos etc that can go viral quickly and enhance the brand value. Remember, social media needs dedicated time and energy to stay relevant. Hence, you need to share posts regularly and interact with your followers on a regular basis.
A person’s data is important to their well-being and security both online and offline. Selling or even obtaining such data such as credit card information, social security numbers, and addresses without their permission is a crime and is an infringement of an individual’s Fourth Amendment rights. Just because we are in an era of free information and open source technology does not give anyone permission to hack someone’s accounts, purchase others’ private information, or sell this information for any reason. The only way to legally obtain information including emails, addresses, phone numbers, and credit card information is to have the person ‘sign up’ and give you this information with full knowledge when they purchase your product or sign up for your offers. The FTC takes this a step further and states that you may not keep or archive financial information on any server or device either unless the person opts in to save their data when ordering with a secure server that encrypts and protects it.
While Etsy is fantastic for handmade goods that you’ve already created, if you’ve got killer designs that would look good on phone cases, t-shirts, or even wall hangings, pillows, and duvets, you can sell them on Society6 without paying anything to start. Society6 lets artists upload their designs and create their own shops where they choose what products their designs can be used on. That means one design can be used to make a whole range of awesome products that are printed and shipped on demand whenever someone buys from you. With top creators making thousands every month just from selling their designs.
Get paid forum posting jobs can also help you to make money and boost your income. Create a user account on websites like EarningPalace.com, ForumBooster.net, Money-Forum.org and PaidForumPosting.com. The pay rate for each post that you make on various paying forums can vary. Many paying forums have strict guidelines that you must follow. To get paid for each post that you make, they will only accept high-quality content without spam.
Contrary to authors’ fantasies, books don’t sell themselves. It is true that ebooks are easier to get in front of potential buyers than print books, but I consider myself lucky to have made decent money and to still have Kindle income every month (even if it was only $104 last month). To really hit it big, you need to learn about marketing, which is beyond the scope of this article (and mostly beyond my skills, which explains the $104). Fortunately, there is a lot of good information about marketing Kindle books online.
This site brings together experts and the people that need their questions answered on different topics. Qualified experts on the site are matched to individuals that have questions in their area of professional expertise. To answer questions on the site, you will have to register with LivePerson so that you are provided with necessary tools to enable you assist clients as well as colleagues on the site. Every time an expert gets hired by a client through the site, they are remunerated according to the agreed rate. Payments are usually made through PayPal, making it important to have an account set up before applying for a position on the site.
People are turning to audio and visuals when it comes to technical subjects. However, you should consider doing an ebook first and turning it into an audiobook through a resource like Audible's ACX platform. You can hire a producer either through a royalty share program, so you don't have to shell out upfront cash, or you can do a pay-per-hour hire as well.
Counterfeit products are still rampant on the internet today and buying and selling counterfeit products can be very lucrative. It is also very illegal. Legitimate companies create goods that they want to sell and promote online. Then illegal companies or individuals in China and other locations create an imitation product to compete with this legitimate product. This creates a clear disadvantage for the original product owner, and they can sue for damages if you try this unscrupulous tactic. If you are an online seller, avoid this practice always. Always check out the authenticity of the product before selling or promoting it.
Use video-sharing networks to make money from ad revenues. Websites like MetaCafe.com will pay you $5 each time your video is viewed 1,000 times, at the time of publication. To upload your videos on the website's server, you will need to register an account with them. Click on the "Upload" button located on the homepage. Provide your personal information in the appropriate text fields, and press the "Create Account" button when you're done.
PS Joel also throws up the whole coaching idea in this book, and whilst it’s not at all passive I just wanted to mention it, because this is one of the ways to create a six-figure business for yourself if you are a true expert in an arena. ie you can use passive income info products (that generate say $30,000 a year) to pull in the customers for your 1-1 or mastermind style coaching service (that brings in say $100,000+ a year).
If you have a propensity for writing and you can slay with your prose, consider writing an ebook. While the market has certainly become saturated as of late, books that help teach people about a technical topic still sell extremely well. This is a great source of passive income but does require a large amount of effort at the outset before any money is generated.
If you want to help shape products in their early stages, joining an online focus group or answering survey questions is a great way to make extra money online. They don’t pay as much as some of the other options we’ve highlighted, but you can join groups on sites like Survey Junkie, Swagbucks, and IPSOS that pay out through Amazon gift cards, check, or PayPal. You’ll be asked to provide a bit of information about your demographics (age, location, etc…), but after that you can get going making money through surveys.
6. Spam callers. Good grief, I got so many calls from insurance agents, realtors, and nutritional supplement sellers. These must be desperate times, if they want to pay just to be able to talk to possible clients. This was also easy money for me, since they were the ones who wanted to do the talking. I just let them be. I never bought anything… usually. I did get a nice set of kitchen cutlery once.