Passive income ideas online: Top 10 Passive income ideas & strategies 2020

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passive income ideas online
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Passive income ideas online

Hardly Work for passive income ideas on an online daily basis or else monthly basis and earn lifetime passive income without doing any hard work for the rest of the days or else months this is known as progressive passive income, sounds good and interesting right.

Explanation 2:

Passive income is income that requires little efforts to earn money compared to your daily life office jobs etc. it requires only little efforts to earn a good passive income it is also known as progressive passive income.

Top 10 Passive income ideas & strategies

1. Selling information products /eBooks:-

Do you really have a unique talent on any subjective niche, and want to earn passive income online, try to share your ideas, suggestion, and knowledge. Today’s world knowledge sharing is a great thing because people don’t know the subject on their own niche they will learn from you and they will get to know your content.

Now a day’s e-learning is more interesting in the internet world because the reader is searching for more eBooks. Write E-books on your niche and upload it to the EBooks store platform.

Story:

Suresh is more interested to teach digital marketing tips and social media marketing tips, here he needs the money and also he wants to share knowledge with others, he won’t know what-to-do.  One of his friends suggested to write eBooks and to update in eBook store platforms like udemy / Instamojo. As per his friend suggested he wrote and updated the eBook.

Become an Influencer on Instagram and Earn Money up to $100/ Month

Through this eBook, Suresh earned passive income online. He promoted his eBook in all social media platforms and he earned more than $100+ within 2 -3 months. Interesting right!

The moral is to write eBook and update in the eBook store platform and earn good passive income for a lifetime

Pros:

  • 1.      Good platforms to share your  knowledge and earn money
  • 2.      Here you can improve writing skills and vocabulary
  • 3.      Lifetime passive income through online

Cons:

  • 1.      Payments are delayed by 24hours.

2.  Create a Mobile  Application :

Create a mobile application, based on your niche like health, sports, Tech, entertainment, games, tool, and service-based application, etc, and update in Google play store and promote it in all digital media platforms, and make huge number of downloads for the application, after reaching Google ad mob community guidelines approach for google affiliate program for ads, based on the ads you will get paid for google ad mob. It is a really good passive income for life earning.

Ad networks publishers:

  • Google and Facebook are the best ad networking publishers.

3. Create a website :

Creating a website/blog is the most powerful passive income online, make a simple website or else blogs and writes blogs at least twice a week and do small SEO work for your blogs that will generate more traffic to your website and blogs. After having good huge traffic and reaching Google ad sense community guidelines apply for the google ad sense program, through Google ad sense we will get huge money based on the ads on website/blog. We can except a minimum of $100/month in revenue through Google ad sense if the website having minimum traffic.

Ad networking publishers for websites:      

4. Affiliate marketing:

Affiliate marketing means commission-based income through various products/service based companies; this is the best platform and good passive income online for affiliate marketers, Here we want to promote their products or else service through their portal for that they will us commission-based money. How many sales we generate that much commission we will get.

Affiliate marketing providing site:

5. YouTube Marketing:

One of the best passive income ideas on online is YouTube marketing, now a day’s YouTube is a second search engine in the world, there are approximately 2 Billion users are active on YouTube, here How we will earn passive income through YouTube? Every human being as a unique talent and creative ideas YouTube is a free platform to explore the skills and to share the knowledge with other users. For all creators, YouTube is paying a good passive income. Here new creators have to start a YouTube channel and upload unique videos based on a niche then after reaching community guidelines of YouTube monetize the channel to google ad sense. Based on the views YouTube will display ads to YouTube videos.

For new creators, we can expect at least a good amount of passive income of $200+/month easily.

6. Peer – to – peer lending

Peer- to – peer lending is an amazing passive income idea online we can’t imagine figures it may be the five-figure or else more than that. Peer – to- peer lending means buying the domains and selling the domains.

Example for Peer- to – peer lending passive income:-

  • Person A bought a domain with the worth of $20.
  • Person B is looking at the same domain which is already taken of person A.
  • Now Person B will buy that domain with acceptances of person A
  • Person A will quote some $500 or  else more than that

Are you still in confusion? Simple, Person A bought $20 domain and sold-out for $500 

7. Social Media:-

Social Media platforms creating an awesome marketing platform now, this is one of the awesome passive income ideas on online to earn money through social media pages. What we want-to-do exactly? Creating social media fan pages/entertainment pages uploading high-quality images and videos. Though that gathers some audiences to fan pages. After getting the huge number of followers and likes to your own social media fan pages brands/companies will approach promotion and branding. For promotion, brands will a good decent amount. On a monthly basis, we can expect at least $200+/ month because today’s world influencers are earning a decent amount.

Best Social Media marketing platforms:

  • Facebook
  • Instagram
  • Tiktok
  • Youtube
  • Quora
  • Pinterest

8. Micro Niche Websites:

Micro niche websites are my favorite passive income idea on online, Micro niche website means small websites based on particular niche service-based web tools like the word to pdf, color code finder, social media downloader, etc.. These are micro niche websites. Create any one of micro-niche to develop the web tool and apply for the google ad sense. Because downloading web portals/tools google ad sense has a high pay rate. Approximately here we can earn more than $1000+.

9. Saving Account:

The savings account means a deposit account. This saving account also a good passive income online, how we can earn money through this income idea? The huge number of   Banking companies are proving savings account to save your money through that saving account they will add compound interest for entire saving money. That is a really good decent compound interest monthly basis.

10. Trading and Mutual funds:

Now a day’s traders are earning a huge amount of passive income within a less time period trading means an entity in the fiancé marketing sector. Here who buys fiancé instruments like trading, stock, mutual funds etc..Buying good financial instruments and get paid for the huge number of money within a minutes. This kind of passive income, idea needs more financial stock knowledge and trading knowledge.

Conclusion:-

Passive income ideas are really helpful to get more money apart from your daily works just we need to invest and time for it. Become like a pro passive income or else online entrepreneurs just focus on only one passive income idea and work on it then earn money.

Do you really like my explanation please comment your feedback and share this information with your friends

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