| Most people dream of earning a five figure income | | | | and sell a product online. Once an order is placed by a |
| per month - without putting in much effort on their | | | | customer and you get payment for it, you can |
| site. It is very possible to do so provided you have a | | | | contact the drop shipper to supply the goods to the |
| know-how of the tactics involved. | | | | buyer. The drop shipper will charge you the wholesale |
| Content generated by users | | | | price of the product - which means you make a |
| You could try setting up a website which is pretty | | | | profit equal to the difference between the retail and |
| self sufficient in its own way. Every user that signs | | | | wholesale price. This without even having the actual |
| up on your site needs to generate certain amount of | | | | product in stock! However in order for drop shipping |
| content every week or month (as per your | | | | to really work as a passive income source, you need |
| convenience). They could also get to earn a | | | | to contact a reputed supplier, sell goods which are in |
| commission each month by selling your products and | | | | demand and can be bought in bulk. |
| services for you (affiliate marketing). In this way you | | | | EBay like stores |
| can capitalize on user generated collateral on the site | | | | If you can manage to create and host a website, |
| to improve its visibility online. You can also get to | | | | then the sky is the limit in terms of income potential! |
| leverage more passive income through this method. | | | | You can have an online store which works pretty |
| Site auctions | | | | much like eBay or other stores. Even if you don't |
| There are plenty of sites which are being sold for | | | | have products of your own, you can still get |
| paltry amounts, every single day. You can easily | | | | advertisers to place their product listings on your site. |
| check on their page ranking and link densities. If they | | | | This way with every sale that happens, you can earn |
| match upto your expectations go ahead and buy | | | | a significant percentage of commission! |
| them. They'll work like an investment of sorts. You | | | | Your blog |
| could get advertisers to place ads on these sites. | | | | You can also use your blog as a great way to |
| With every click that happens you can earn a good | | | | generate passive income online. If your blog deals |
| commission from it. This is a great source of passive | | | | with current topics that are in demand, you can easily |
| income. Another good option is to keep these | | | | get advertisers with associated content to place their |
| websites for later use. In future when you see | | | | ads on your blog. That way with every click through |
| related keywords and topic shoot up in popularity, | | | | to their site from your blog, you earn a commission. |
| you can sell these sites at a huge price. | | | | This way you earn good income each month (up to |
| Affiliate marketing | | | | 4000 dollars) without lifting a finger! |
| You could even try setting up your own affiliate | | | | Domain names |
| marketing program. Get affiliate marketers to refer | | | | Another great way to make passive income online |
| your products and services online. You just need to | | | | without much effort is through a little enterprising |
| provide them the tools, training and resources. Then | | | | effort! You can purchase domain names which don't |
| with each click watch the sales grow! In this manner, | | | | cost much. Then you can create dummy websites |
| you don't have to put in much effort and you still get | | | | with these domain names and slowly build on their |
| to receive good revenues each month! | | | | content and page ranking. Or else you can just keep |
| Drop shipping | | | | the domain names for later. At a later stage you can |
| This is a procedure which does not require you to | | | | easily sell these websites (which by now will be |
| have any goods or inventory, poses little or no risk | | | | receiving tonnes of traffic), or sell the domain names |
| and still generates good income for you each month! | | | | by themselves. You will be amazed at the amount of |
| A drop shipper is someone who has a supply of | | | | money this will fetch you! |
| specific goods. The way it works is that you market | | | | |