Learning How To Create Passive Income Online

Hello! Please enjoy this blog post from a blog friend of mine. Over the past few years, if you haven’t been hiding under a rock you will have witnessed the rise of the digital age overtaking the lives of children, teens & adults globally. From iPads, APPS, mobile devices and social media, everywhere we look,…

Michelle Schroeder-Gardner

Last Updated: May 24, 2023

Disclosure: This post may contain affiliate links, meaning if you decide to make a purchase via my links, I may earn a commission at no additional cost to you. See my disclosure for more info.

How to Leverage the Digital Economy for A Better LifeHello! Please enjoy this blog post from a blog friend of mine.

Over the past few years, if you haven’t been hiding under a rock you will have witnessed the rise of the digital age overtaking the lives of children, teens & adults globally. From iPads, APPS, mobile devices and social media, everywhere we look, this new wave of technology is consuming our everyday actions and attention.

As unique and amazing as the internet is, a lot of us use it to benefit the smaller mundane parts of our lives. If you are unaware of how to leverage the internet world to benefit your bank account, then hold onto your laptop because I will expose how a complete newbie can take advantage of it today.

To begin with there is more than one way to leverage the internet and use it to gain prosperity without questioning your authenticity or values (spamming the heck out of people’s inboxes!).

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The benefits of being online is the lifestyle that comes along with it. As a full-time mother and digitalpreneur I have found balance in what I could never have thought was possible. A traditional business requires so much more investment (time and financial) than an online business and the perks of being online really does have a landslide of advantages.

I have found that the biggest benefit has been the balance of time with my children. I work when they are asleep or at school, I don’t feel pressured to watch my emails or marketing and know that I have a global customer base that is open 24 hours a day, 7 days a week, all year round. Keeping it active especially when I’m not.

Here are three basic ways to leverage the online world.

 

Blogging

Yes, I’m guessing you’ve heard this one and felt that you can’t provide value in a specific topic or niche or that you don’t know how to start one but have the passion and value to give. Either way, this is how people are creating an income from it.

Example: You create a pretty snazzy website, add amazing, high valued content and drive great, high targeted traffic to your site.

Advertisers see that you are popular within their targeted audience and approach you to add an advertising banner to your site, promoting their product. You charge a price and wallah, you just got paid. Add another 10 advertisers to that 1 and your bringing in some decent income. Alternatively, if you have a list of subscribers that trust you & the products you recommend, you may also suggest or promote products with a commission based deal from the advertisers.

Related: Taking Your Side Hustle to the Next Level: Tips For Success

 

Selling Your Own Product

This is where a lot of professionals are heading, online. If you have built a career offline and have decided to role it into a virtual product and sell it online, it’s probably the smartest marketing move you will make. You now have a global audience, open to take sales 24/7 and can communicate via video if consulting is needed amongst other virtual ways (emails etc.).

Obviously there is a lot of hard work creating a high valued product that people want to purchase plus knowing how to market it on the right channels, in front of the right audience.

 

No Product, Experience or Savvy Technical Skills

Did you know that you can become a reseller of products online? It’s called Affiliate Marketing.

You do not have to have your own product as mentioned above, you do not need to worry about refunds, sales, complaints etc. You have the same benefits too, no geographical barriers, open 24/7, global market and the list goes on. Marketing other businesses products online is as simple as this, choose a product, find the target audience, where they are virtually hanging out (Example: Facebook, Websites, Forums etc.) and market the product there.

All I recommend, is the right education to market products effectively and efficiently. You can absolutely make a smashing income by reselling high value, high or low priced products that have the extraordinary value to the consumer without giving yourself a restless or guilty night’s sleep. There are thousands of products online to resell, some that give you up to 50% commissions too.

These three options are some of many ways that you can earn an income online. It will always come down to educating oneself to enhance your market value and scope. Each individual whether you have a degree or not, product or lack experience CAN leverage this economy and all it has to offer. This new era of digital craziness will not slow down and is most definitely not a fad.

Empowering yourself with the right knowledge and support will always help you conquer the start-ups of these endeavours but it is not impossible for the complete newbie to take control of it.

Written by Violet. Founder of OnlineMummies.com. 


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Michelle Schroeder-Gardner

Author: Michelle Schroeder-Gardner

Hey! I’m Michelle Schroeder-Gardner and I am the founder of Making Sense of Cents. I’m passionate about all things personal finance, side hustles, making extra money, and online businesses. I have been featured in major publications such as Forbes, CNBC, Time, and Business Insider. Learn more here.

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  1. I am very interested in making money online. I’m currently trying my hand at blogging! πŸ™‚

  2. Sarah

    How do you currently make money online?

  3. Michelle,

    Many working people today are still not hip to the money they can earn alone from blogging. It can truly change their life. Making money online in affiliate marketing and blogging is for everyone that believes and strives to “do the transformation work.” Agree?

  4. Pamela Gurganus

    I’ve often thought of starting a blog to make income, but thought I had to be internet and more computer savvy to do so, but was so glad to have read this motivating post! Thank you for sharing!

  5. Betsy Barnes

    Very interesting article. I have been thinking about doing one of these, going to explore these closer for the new year πŸ™‚

  6. Mark Warren

    wanna make money online too

  7. Alina

    For the past couple of years, I’ve been thinking about starting my own blog. It appears to work if you put forth the effort.

  8. I’ve been trying affiliate marketing for three months.
    but i’ve found it hard to success πŸ™ no sell a thing yet πŸ™

  9. Sean

    These are wonderful for tips and have motivated me to see what’s out there.

  10. veronica lee

    Everyone around me seems to be making money online one way or another.The internet certainly is a goldmine of the 21st century!

  11. Arra Odeza

    Internet could be our source of income if we know how to use it wisely

  12. Sara

    Very interesting

  13. Judy Thomas

    Very useful tips, thank you πŸ™‚

  14. saegan anderson

    Making money while blogging would be an interesting way to make money…getting a strong following is hard though

  15. Treen Goodwin

    very interesting , thanks for sharing , i will be looking into it πŸ™‚

  16. Dovile

    Thank you for the giveaway πŸ™‚

  17. Sanaa

    Would like to win

  18. Jesse Gernigin

    All great points. And you are right about running a blog!

  19. Leigh Anne Borders

    Thanks for sharing these tips. I am trying to blog more and hope that will be beneficial at some point for me.

  20. Richard Hicks

    I would like to give it a try. Would be a little extra income.

  21. Molli Vandehey

    asa disabled person, the digital economy and social media really increase my chances at success.