6 Automated Income Ideas You Can Start Today

I’ve always been fascinated by automated income ideas. It started several years ago when I was buying and selling on the auction site ebay. Here’s an ebay strategy I used to make money on ebay. While I was searching for items to sell, I found an ebook which explained that very strategy. What struck me though was the ebook itself. I bought it and accessed it all online. What was great was that system for buying something. All automated!

Automated Income Ideas #1

So my first strategy for automated income ideas is selling an ebook online. You can do this quite easily by either making your own ebook on your computer and setting it up with a Paypal buy it now button, or you can promote someone else’s ebook on your website/blog.

I’d recommend a book on goal setting which is one of the best on the topic. It’s by a guy called Stuart Lichtman an MIT professor who discovered and created a system he called the cybernetic transposition super achievement process. It was tested with 85% effectiveness on around 250 people, and Stuart went on to perfect his system. You can get his book here or join his affilaite program to promote it. I highly recommend it.

Automated Income Ideas #2

automated income ideas

Another great discovery was a website called redbubble.com. Redbubble was shown to me by a friend who had made several designs and uploaded them onto the site. I decided I would do the same with a logo I had created. I uploaded the image within a few minutes after creating an account.

I’ve only sold a couple of hoodies and t-shirts with my logo on but the great thing about the site is there’s nothing more to do. If someone buys a product with your design on it, you don’t have to deal with it. Everything is delivered and manufactured by redbubble.com. You just get a commission based on the sale.

Automated Income Ideas #3

Blogging is a great way to make a passive income if you have a passion. You can earn a ‘trickle’ income from Adsense and it’s easy to set up. Simply sign up to the adsense program and place some code on your website. The real challenge with blogging is getting enough people to your website to make a good amount of money. Initially it can take a while to build up your traffic but if you already have a blog or an interest which you can blog about, it’s a great way to earn a passive income from what you’re already doing.

Grab my ebook on Niche Blogging For Profit which explains a simple method of getting traffic free from the search engines.

automated income ideas

Automated Income Ideas #4 –  Affiliate Marketing

Anyone can join an affilaite marketing program and earn money from the sale of other people’s products. Affiliate marketing is a great model if you want to make income ‘trickles’ on autopilot. There are several ways to automate affilaite marketing sales, and yes I’m afraid to say this does take some time to learn and implement. However, depending on your existing skills and interests you can combine affilaite marketing with something you are doing or have an interest in already.

Creating content (like this blog) is one way to generate sales. Access this video series to learn more about affiliate marketing.

Automated Income Ideas #5 – Promote Amazon Products

Amazon is an amazing resource. You can use Amazon’s affiliate program to promote anything on the site with your own unique affiliate code. By sending targeted traffic through your affilaite links you can make money from your sales. This can be done by building a review site or specialising your site around certain products which are available on Amazon’s website.

Access website building tools and products here.

Automated Income Ideas #6 – Amazon’s Self Publishing Resource

Writing a book is a great way to generate automated income. If it’s successful you can earn endless royalties for years to come. However, not everyone has the patience or aptitude to write a top selling novel.

However, if you have a skill, interest or particular niche topic which you know about, you can write a short ebook or ‘how to’ guide and self publish on Amazon. This is pretty simple to do once you have an ebook or something to upload. The process is a little tricky to get the hang of but once you have done one you can upload many more. It doesn’t have to be a masterpiece either.

If you’re an affilaite you can offer to give the books away free, too to help promote your affilaite business. You can also place links in the front of your books so people can browse the free version and follow your links. Here’s a couple of my ebooks on Amazon. It’s not like they are best sellers or anything buy whenever I make a sale it’s automated income. Plus I also link back to affilaite products too, so can build my email list from those links.

Automated Income Ideas #6 – List Building

automated income ideas

List building goes hand in hand with affilaite marketing but it deserves a seperate mention here. List building is the process of building a list of targeted subscribers to offer your affiliate products to. The highest earning affiliate marketers all have a list of subscribers to promote their affilaite products to. By collecting an ever growing list of subscribers and regularly offering useful content and products, you can build a scalable online business with this method alone.

Access a ready made sales funnel and digital education system here.

 

 

Automated Income Online

Wouldn’t it be great to earn automated income online? With all the new technology available today, and if this is possible, why isn’t everyone already doing this? First let’s look at how automated income online is possible, then we’ll look at why everyone isn’t doing it.

Automated Income Online

automated income online

If I asked you the question: “Why do you think automated income online is possible?” you might come up with a few reasons and examples. On the other hand if I asked you the question: “Why is an automated income online NOT possible?” you might start searching for reasons too. Hold that thought because we’ll come back to this later.

Bloggers make money online from their blogs. Affiliate marketers make money by selling products online. But how much of this income is truly automated and how hard do they work for it? Also, is this possible for anyone or is it only super achievers who can make this work?

How Bloggers Make Money

automated income online

Bloggers blog about things. People read their stuff, they make money. But how? Some bloggers build huge websites and have a massive folowing. They can monetise their website/blog with Adsense. Adsensel  lets anyone put some code on their website which is automatically converted into adverts relative to the blog content.

As their visitors come to their site and click on these adverts, they make small commissions based on the content of the adverts. Some adverts can make them a few pennies and other can make a little more. One click on an advert isn’t going to make them a fortune. However, super popular bloggers get thousands of visits every day and so can make a nice passive income from their blog simply from using Adsense.

If you’re thinking of starting a blog and that you’lll be able to quit your day job think again. It can take years before a blog gets the recognition and website traffic it needs even to make small pocket change. If you don’t know what you’re doing it’s going to take much longer, too.

How Affilaites Make Money

automated income online

Affiliate marketers make money by various means. They choose products to promote for their blog, website or advertising campaign/s.  Affilaites earn commissions based on the sales they make of other people’s products. Bloggers can be affilaites too and most are. They use their blog as a platform to build traffic which they send to various offers. If they make a sale from their blog, they earn a commission. Affilaite products vary in their commission levels but digital products tend to pay the highest commissions (around 40%).

Top affilaite marketers have created great online resources which offer value in themselves. Martin Lewis created moneysavingexpert.com which is basically an affilaite website which gives people discounts and help and advice on money matters. It’s a great website you’re probably already aware of. It’s also an affilaite website. Links to discounts, credit cards and other products and services are affilaite links. When a sale is made these links are credited to the website and it earns commissions.

This is just an example of how affilaite make money. They can make automated income online, but it usually comes after a great deal of work in building a website. There are other methods of course and some affilaite marketers simply send traffic to offers directly. This can be done without even having a website.

Is This Automated Income Online?

automated income online

After a fair amount of hard work bloggers can get a regular and growing number of visitors. Their traffic can ‘snowball’ as more people discover their blog and share it. Exponential growth can result after building a great resource which gives value. If this happens you can find you have created automaed income online. However, this doesn’t happen by accident. You have to create something worthy of sharing first and then market your content to get it in front of people.

Paid Advertising

There’s other ways of doing this too. Paid advertising is another method affilaites use to sell products online. Again, it takes time to learn this skill. Affiliates who use paid advertising typically will send traffic to a landing page and follow up with a series of emails and affiliate products. Get this right and you can scale up your daily budget to send more targeted visitors through your sales funel. (See ready made sales funnel).

This strategy is best with high commission affiliate programs because the higher paid items help offset advertising costs.

Why Isn’t Everyone Doing This?

automated income online

Not everyone believes that automated income online is possible, for starters. It’s not something on everyone’s radar. Plus an automated income online doesn’t happen overnight. The people who wake up to affilaite sales which happened overnight have worked at affiliate marketing for a long time.

It didn’t happen overnight and they didn’t just turn on a ‘set it and forget it’ system. The ‘get rich quick’ schemes don’t work for the long term. However, a legitimate online business can provide a lasting and partially automated income. I say partially because it still takes work to set everything up so that it works on its own. Even at this stage you still need to put effort in to ‘tweeking’ and assessing. However, an online business can offer more freedom and flexibility than a regular job for one simple reason.

Trading Time For Money

automated income online

Here’s another reason why people don’t believe in an online business model which can offer an automated income online. They may have spent the last 20 years of their lives trading time for money. It’s the traditional working model. Now if some one tells you that you have been wasting the last 20 years of your life, it’s not going to go down very well. People have a vested interest in maintaining the status quo. After all they have often invested their lives in their current level of awareness and earning power. In many cases it has taken time and effort to get to the position in the business they are already in.

Mental Barriers To Automated Income

automated income online

Only when this is threatened do they look for something different. When people are faced with redundancy or unemployment they start to look for something else. An internet business turns the ‘time for money’ model on its head. Instead of trading time for money, an online business can let you scale up and sell digital products over the internet. You can make much more money for much less work with a model like this. The automation involved with a digital business means you can scale up and free up your time too. This is a huge mental barrier to many people who build thier whole identity around their jobs and/or careers.

Access a digital training resource which can teach you new mindsets and how to build and scale a simple business model from your laptop. Start here.

The Fastest Way To Build Automated Income Online

The fastest way to build an automated income online is with a range of high ticket products and by using paid advertising. Spending lots of time building content, for Google to judge, in order to rank a website has been considered a good tactic. It can still work. However, most people are simply not going to have the time, resources or understanding to be able to realistically do this. On top of that, Google may penalise anyone and drop their content off the first page of Google. It can be the most frustrating way to attempt to build an online business.

The faster way is by using a product ‘suite’ and promoting a range of products through a sales funnel.You can do this through content marketing too, but again this will take a super long time to do, and you may even give up before you get anywhere. Paid advertising in conjunction with a high ticket product suite it the fastest way to earn online.

But first you have to spend. This is one of the main problems for people looking for an online business. They come to the online business market because they don’t have a large income. However, many come from high paid jobs which offer them no time. It is much easier for those people to set up an automated income online. They don’t have any time but they have disposable income. They can set up a done for you sales funnel and start using paid advertising methods.

Once you have a paid advertising method running, you need to track and record everything that’s happening. You can’t simply rely on your very first strategy working. Test and measure a few campaigns and see which works best. Once you find a working advert which creates leads and sales, you know you’re in a position to scale up y increasing budget. The hard work is in the testing and measuring and this costs money to do.

Start with a small monthly budget and learn what works and what doesn’t work. Once you start seeing a strategy work, you can simply increase your daily budget and scale up. With an automated product range and digital products your sales system does the selling for you. You only need to concentrate on the advertising part and this is easily scaled up.

Access an online community who are helping each other do this successfully.