There are many passive income models. Here are some of the most popular ones:
Here you will build a list of email subscribers, normally in exchange for an incentive. You can use the services of an autoresponder to send automatic email sequences out to every subscriber and you can send a broadcast message to part or all of your list whenever you want.
The idea is that build a relationship with your subscribers so that they trust you. You can then send them promotional offers for your own products and services or other people’s (affiliate marketing).
Here you will build a list of email subscribers, normally in exchange for an incentive. You can use the services of an
Write an eBook
This is another form of product creation. You will write an eBook (or outsource the writing) that solves a problem that your audience has. You will need to research this to ensure that there is sufficient demand for you to make good passive income.
Once your eBook is written you can use digital book platforms to promote it. The most popular of these platforms is Kindle owned by Amazon. There are self-published authors that have their eBooks on Kindle that make many thousands of dollars every month.
Sell Physical Products on Amazon
Here is another great passive income opportunity to make thousands per month. The Amazon FBA (fulfilled by Amazon) program allows you to advertise your products on the various Amazon websites. Amazon will charge you for fulfilling the product but you keep the majority of the sales revenue.
This is not as easy as it sounds and you need to select products that are in demand and not too competitive. You can use a website like Alibaba.com to find suppliers of these products in China and other countries. You just add your brand and sell them via Amazon.
How To Earn A 6-Figure Side-Income Online