Passive Income Generator

What is Passive Income Generator?

Passive Income Generator is a funnel whereby you can make extra money. There are many ways to earn money online. Today, im going to show you five commonly used income generators. Its up to you for which money making funnel helps you achieve financial freedom.

1. Affiliate Marketing

Affiliate Marketing divides into three parts - pay per click ads campaign, pay per lead and pay per sale

Most common pay per click ads campaign i mentioned before in this blog is the Google Adsense. This is the most powerful passive income generator.

Pay per lead - Companies will pay you for each and every people you redirect to its site.

Pay per sale - For eg. ebay, you'll get a percent commission upon a product is sold.

2. Blogging for Profit

Write to make money. You can easily start writing articles on a blog to earn. Create a blog and write on your daily personal happenings and put up adsense to make commisssions from google.

3. Dropshipping or Wholesale

Sell a high in demand products. Search for popular items to sell online. You can dropshipped or do wholesale. Dropshipping means you make order at a wholesaler site and ship directly to your customers doorstep. You'll never have to touch the stocks yourself thus no inventory to do. Wholesale is when you make a big order from a wholesaler to sell on your own website or blogshop. You have to keep the stocks yourself and you need to do the inventory.

4. Videos or Lectural Tutorial

Have your professionals videos recorded and put up on sites like youtube to market your own talent. Give lectural tutorial for your knowledge. Pass down your knowledge to people who need them.

5. Resale Rights Products

This part of the making money is hard. You've to create your own products and have your own copyrights. You can write articles, create scripts or softwares and provide resell rights. Use affiliate marketing to ask your affiliates to promote and market your products.

So the above are the five commonly used passive income generators.

Milli