Money Making Online

Money Making Online: Start Generating Passive Income in 2023

Selling Dog Toys, Ecommerce, Affiliate Marketing, Online Coaching, Selling eBooks... the list goes on for the endless ways there are to make supplemental income with these online money making strategies. Hello and welcome! In this short read, we will detail how to make money with the knowledge you already know while implementing other strategies to increase your chances of success exponentially. It is very important you read until the end to understand the bigger picture.I have included links to the platforms and tools mentioned in order to get started right away which includes a discounted Shopify subscription:

($1 for 3 months/ $87 value)

How do you start making money online? It’s not easy, but it’s not impossible either. To help you get started, we’ve put together this practical guide on how to start making passive income with some of the best ways to make money online out there today.(These have yet to be patched) iykyk

What is passive income?

Passive income is a great way to make money online. It is a type of income that you make without actively working or investing large amounts of time and effort. However; if you're looking to start making money online through passive income streams, you definitely should consider the following top passive income methods:

1. Ecommerce
2. Affiliate Marketing
3. Content Creation
4. Blogging (No it's not dead)
5. Freelance Services
6. Ebooks
7. Coaching Services/Sell Course

The first true step to making money online is to identify the best sources of passive income for your skillset. First ask yourself these few questions:

What am I good at? Why do I want to make extra money? How will I make extra money? In order for the full idea to be grasped, I will use the Dog Niche as my example. How can I make money online with my dog?

1. eCommerce

It's no secret that as a dog owner, you will be consistently spending your hard earn cash on your fur baby and will not miss a single beat BECAUSE THEY DESERVE IT. This requires the purchases of essential items such as pet brushes, toys, treats, beds...etc. This opens up the chance for finding these products online for much cheaper and being able to upsell them as a result. Welcome to dropshipping! Where money is made not by your hourly rate but by how much could you effectively raise your profit margins while marketing your products as best as possible. You will need Shopify to build your site and you can use a supplier like Zendrop or CJDropshipping to fulfill your orders.

2. Affiliate Marketing

https://affiliate-program.amazon.com.

Promote products from amazon that you use for your dog. Using the Associates Program App, you can copy the links of these products and share with people in which every time a purchase is made, a %commission is received. The higher ticket products, the bigger the commission and you will also receive a commission on other products your customers check out with within those 24 hours for bringing them to the platform. Its hard but not impossible to make this profitable which stresses the importance of this supplemental method.

3. Content Creation

POV: Your wacky German Shepard is out of control outside a foot deep in the snow. You take a video of him just having the time of his life and you post it to Instagram. That video has now amassed a staggering 3 million plus views with thousands of shares and even more likes. Even if you are able to convert sales with a measly 2% of your audience, that is 60000 people minimum. If you are selling a product with a profit margin of even $1... THAT IS $60000. To supplement that, you also have recommended products that you use for his care in the bio of your page. Building an audience is so important for building your brand and promoting products because you want to give a reason for your audience to buy. The more videos you post as a result helps you build a quality audience with not only repeat buyers but people who genuinely support what you do. Instagram is only the tip of the Social Media Iceberg where you can also create a Linktree, Twitter, Facebook, Pinterest,... build your digital footprint across to give yourself higher conversions. Even if your conversion rate remains at 2% but a total of 15 million different sets of eyes have seen your content... that is $300000.

4. Blogging

"Who writes a blog anymore? I don't want to be known as that dog blog guy" Would you rather not be known at all kicking people out of the produce section? Like each of these other methods, they are very easily integrated into your brand because it gives yet another opportunity to not only promote your own products but also amazon products, and your other content (even the content that does not have anything to do with dogs). It is important to remember why some people use the internet especially when its in search of a certain solution. As a dog owner, what is very important that I know for the well being of my dog? What kind of dog shampoo is appropriate for my pitbull? Why am I allergic to my dog? You would want to be able to have a solution for people trying to address this problem. It just so happens that most times, people are needing to fix the problem urgently which has them with credit card in hand, ready to make a purchase. This can be a dog training course, dog training content, dog shampoo, or dog medicine. Even if its not a subject you are very knowledgeable on, you can use online softwares, such as any word, to help generate blog posts and use platforms such as vocal.media to share your posts.

5. Freelance Services

Probably the only one that does not fully relate to the dog niche but it MUST be included. Using platforms such as Fiverr, you can sell services online within your expertise. The best part about this is it does not even need to be within your expertise. You can find other freelancers that have their products for cheap and sell there work at an upsell. This is dropservicing where not only you make money but you are also helping someone get extra clients for helping promote their work.

6. Ebooks

There are people in this world who simply can't take the time to read. If you've read this far, thank you and god bless you. The fact of the matter is, many people live in their own little world which makes it hard for them to focus as it is much easier to consume content by listening to it. Think about it, why have ebooks and podcasts spiked in popularity these past 6 years? People would rather listen to what they are told rather than read for themselves and draw their own conclusions. You can take the dog course you were selling earlier and either record yourself reading or pay for a voice actor to read your book for you. You can then sell your ebook through audible, amazon, or even sell it through your social media platforms. Many successful online entrepreneurs use the strategy of selling their ebook or checklist for free in exchange for their email to promote their blog,newsletter, or any new product they might have for them. Most importantly, DO NOT BE SPAMMY!

7. Coaching Services/Sell Course

So you've done the other 6 things. Now you are wondering, "But what more can I do to be more successful?" The simple answer: More successful. Creating a successful brand with a larger following gives you a very expensive currency that not many people have - credibility. If you are to sell your coaching services on how you grew your following, income, brand, via the use of your dog, people will want to hear what you have to say because you have clearly gone and done it yourself. You can coach these people within your dog niche but you can also help them with other skills you may have because people have now begun to trust the owner of the dog and not just the dog himself. Its essentially important to remember one last part about all of this.

Passive income is not so passive until it is

These are just some of the ways you can make money online and generate passive income streams. You must put in the necessary work to build your presence on these platforms but with time, success will be waiting for you. It all starts with you wanting to make a difference with your life and start having an impact on those people around you, so do it. Build that blog, post that video, but always remember to put the work in everyday,non stop because you deserve it. You have to believe that these are very possible ways of making money online because everyday you see millions of examples of how real of a possibility it really is. I wish you the best of luck and hope that you have gotten something useful out of this read. I will have a follow-post about another money making method highlighting the importance of short form content as we progress into the future as platforms like YouTube, Tiktok, and Meta will be paying out larger amounts of money for their creators. Stay Creative!