All About Passive Income – Part 4

December 21st, 2007 | stacey | Financial Freedom, Financial Independence, Passive Income, Passive Income Online, Passive Income Opportunity

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In our mini series all about passive income, we have discussed affiliate marketing and then joining that opportunity with “how to” products such as ebooks and educational software to create multiple streams of income for greater financial freedom. Today we will discuss advertising space on your website.

You create a website or blog to market your affiliate programs and then to sell your ebook and educational products. Now you can use that website to earn more money for the same work you already did by offering advertising space. If you have 1000s of visitors to your website, other people in related industries will want to advertise to build their own traffic.

Ways to sell advertising space include placing a banner or link on your site for a fee you get every month. The banner is set up once keeps generating passive residual income for you. You can also offer advertising space in your ebook or in a newsletter or ezine distributed through your website. Finally, adding Google AdSense with Google Ads on your website can generate additional income monthly because you get paid each time a visitor to your website clicks on the Google ad.

In our next blog entry we will discuss even more ways to maximize the potential of your website and build passive residual income for more financial freedom than you ever imagined.