23 Awesome Passive Income Ideas That Every Digital Marketing Professional Should Know

Money and Income are the two most important factors in any business and profession. We all work to earn money because it is essential for life and survival. Some people work for active income while others work to grow their passive income.

First, it is important to understand what is Active Income and Passive Income. Active Income means the income and money that you earn working actively for fixed hours. You can earn active income only when you work for it.

On the other hand, Passive Income means the income and money that you earn for the results of your system. A passive income system that you can create could be a blog, website, eBook, online course, or anything that can generate income for you.

The best part of Passive Income is that you do not need to work actively for hours. Instead, you need to work to create a working system that will work for you and generate recurring passive income. It will also save you time that you can use to increase your earnings.

If passive income is the best way to earn, why everyone is not working for passive income? The reason is very simple – it takes time to create your system and to earn recurring passive income. Thus, people prefer to work actively for limited income for fixed hours.

When we compare the active income and passive income in terms of efforts and return on investment passive income wins. The long-term result of passive income is much better because it helps you to achieve faster growth after the initial years.

However, the active income will give you limited growth. Thus, working for the creation of your Passive Income system is always better to achieve your financial and life goals.

Disclosure: If you make a purchase after clicking links in this article, I may make a referral income, at no cost to you.

A Quick Introduction to Passive Income:

Passive Income is the best way to create good wealth for you in the long term and from an automatic working system. It means you just need to create a system that can work on autopilot mode and generate income for you.

There are multiple sources of Passive income that you can try to generate income. However, today the most common and easy way to earn online passive income is to start a website or blog.

It is common because you can easily start a website or a blog and the cost is lower as compared to other sources. There is a simple rule of Passive Income that you need to understand if you want to generate passive income from multiple streams.

This rule also applies to online passive income as well. The rule is simple – it takes a good amount of time and effort to start getting the results and money.

If you are a beginner and want to work on developing and growing your system for passive income. It is useful to know about different ways to generate passive income, to choose the best one for you. And, you can prepare your process to generate passive income by yourself.

The following list will give you the applicable passive income ideas for beginners to make the process simple and easy to understand. Check more about – How you can increase your passive income with time and experience.

23 Awesome Passive Income Ideas for Digital Marketer:

There are multiple ways to earn passive income with Digital Marketing and Social Media Marketing. Check the best and most suitable online passive income ideas that every Digital Marketing professional should know.

Passive Income Ideas for Students – Level 1:

#1. Start a Blog:

A blog is a content publishing website, where you can share your knowledge and experience with your audience. It helps you to attract website traffic that you can use to generate passive income.

Your blog provides useful information to your audience that helps them to solve their problems. You can write blogs on the proven topics of Blogging like How-to guide or Why-to blogs. Blogging is the best passive income idea for students and beginners.

Blogging is the best practice to start generating income for beginners because you can use your blog to attract traffic. The traffic of your blog can help you to get recurring income with Online Ads and Affiliate Marketing.

Related Article – How to Start a Blog in 7 Steps [For Beginner]

#2. Online Advertising:

Online Advertising is the best way to monetize your blog traffic and generate passive income. It is easy to apply and very helpful to generate recurring income with your website traffic.

Google AdSense is the most famous and reliable platform to apply online advertising on your blog. It provides multiple benefits like dynamic ads, ads customization, and more to optimize your online earnings.

Online advertising is a very effective way to generate a great amount of income from multiple passive income websites. You can create different niche websites to create a network of websites for your passive income system.

#3. Create an eBook:

An eBook is very useful for generating online passive income because it can help you to achieve different goals. You can create a creative and useful eBook for your audience that they find useful.

You can generate passive income by selling your eBook. The value of your eBook will depend upon the quality of the content and the solution that it offers. It is very important to create an audience-centric eBook.

The eBook is also an effective way to attract more website traffic and convert your traffic into leads. It plays an important role in your Sales Funnel to engage your audience and to get their emails for Email Marketing.

#4. Sell Audiobooks:

Audiobooks are popular among the audience because it helps the users to get useful information anywhere. You just need to create a good-quality audiobook with your content.

The users can listen to the content of your audiobook whenever they get time during the day. It helps your audience to save their time and to utilize their free time to get useful information that they can use to grow.

You can easily sell your audiobook on your website or use other eCommerce platforms. However, the marketing and promotion of your audiobook are important to boost your sales and passive income with your audiobook.

#5. Create and Sell Music:

The creation of good quality music is a great asset for you that can help you to generate recurring income over time. You just need to create a few tracks that are useful for your audience.

People like to buy good-quality music for multiple purposes like video creation and podcasts. You can check the free music library of YouTube to get great ideas to prepare the music for your audience.

#6. Write a useful Book:

Writing is a time taking process that requires a lot of focus and patience. However, the final results of your hard work will definitely help you to generate a good amount of passive income.

You can write a book related to your interest or knowledge that your audience finds useful and relevant to them. The major focus of your book should be the solution that you want to offer to your audience.

There are multiple types of books that you can write like self-help, conceptual, or informative. You can pick any of the topics and prepare a great book with a great quality of content.

#7. YouTube Channel:

Video is a growing trend and most brands are using videos to promote their brand. You can create and run ads on your videos to generate passive income from your videos.

YouTube is the most common platform to publish and earn income from your videos. You just need to fulfill the YouTube term to start earning money from your YouTube videos.

You can create your channel on YouTube and publish your videos to start earning from your videos. It is important to provide useful and entertaining content to your audience because of the high competition on YouTube.

Passive Income Ideas for Professionals – Level 2:

#8. Affiliate Marketing:

Affiliate Marketing is the best way to convert your website traffic into passive income. You just need to promote the products or services of other brands to earn recurring commission and income.

There are multiple companies and organization that offers affiliate programs like Semrush and HubSpot. Apart from these organizations, there are other platforms like – ShareASale – are also available that can help you to earn passive income.

You can start the process of Affiliate Marketing by starting your own website or blog. Your success in Affiliate Marketing depends upon two factors that are content of your website and the volume of website traffic.

#9. Use your Social Media account for Advertising:

Social Media is the most important part of Digital Marketing and Online Advertising. The use of social media is increasing in marketing and promotion.

The first and most important condition for using your social media accounts for advertising is to develop a strong personal brand. Your personal brand on social media with a good following and engagement can help you to earn passive income.

You can post sponsored content for others by charging a specific fee. It will be a win-win situation for you and the advertisers because you will get money and the advertisers will get website traffic and engagement.

#10. Create an Image Portfolio:

Images and graphics are an essential part of online content and information because it helps to share more details with the audience. Thus, it can help you to generate a good amount of passive income.

You can create your image portfolio by clicking images yourself and by creating visual graphics for your audience. The images could be related to a specific topic or multiple topics depending upon your interest.

It is very easy to sell your images on your website or you can also try the platforms that offer a commission on the sell your images. To create an image portfolio you need to have an interest in image clicking and image editing.

Related Article – 11 Best Sources of Stock Images for Your Website [FREE + Paid]

#11. Create Visuals and Logos:

The creation of visuals and graphics can help you to earn money by selling them to the right audience. You can create visuals for the audience who needs visuals for their business with free tools like Canva.

Logo designing is also useful to generate passive income by creating your portfolio of visuals and logos. You can simply sell your visuals to professionals and companies who are looking for already created visuals.

#12. Sell Digital Products:

You can easily sell Digital Products like online courses and eBooks to your audience. For this, you need to have a website or blog, where you can attract traffic and ask people to buy.

It is a very effective way to convert your traffic into your customers and to generate passive income from sales. Your income from selling digital products will depend upon the volume of traffic and the conversion rate of your website.

You can start earning passive income from your blog by selling digital products to your audience. However, to get more website traffic and more conversions you need to create good quality content that can help your audience and boost your sales.

#13. Sell Software:

Software selling is one of the best and most beneficial passive income sources for Digital Marketers. You can write and publish reviews about any software that is useful and helpful for your audience.

This will help your audience to get detailed information and knowledge about the software. You can also share the affiliate link of the software with your audience, so they can buy it when they find it useful.

It can help you to develop multiple passive income streams with your website or blog. Because you can write multiple reviews of different software and share the affiliate links with your audience to sell software.

#14. Buy a Working Blog:

You can buy an already working blog that you can use to earn different types of passive income. It will help you to get well-established traffic and brand awareness on the existing blog.

It is important to publish blog posts from time to time to get relevant traffic on the blog. A well-established blog can help you to get traffic in the initial period, however, for the long term, you need to create good quality content for your growth.

You can use online advertising or affiliate marketing to generate recurring passive income. The traffic of your blog will determine the amount of your income, with the good quality content you can boost your income.

#15. Sell useful Guides and Notes:

You can sell useful guides and notes for your audience that can help them to solve their problem. It could be related to any topics of your knowledge like Digital Marketing or Content Marketing.

The main focus of selling guides and notes is to quickly solve the problem of your audience. You can suggest different types of solutions like checklists, how-to guides, and productivity improvement guides to your audience.

Passive Income Ideas for Experts – Level 3:

#16. Sell Website Hosting:

Writing and publishing blogs about How-to guides for new bloggers is a common trend. You can also write blogs to help new bloggers by providing useful tips and solutions for their problems.

You can join the best affiliate programs of any website hosting company like Bluehost, SiteGround, or Godaddy. The most important thing is to create good quality content on your blog to attract higher website traffic.

There are other options like paid themes, plugins, and additional services that are also available with website hosting that you can sell. It is easy to sell web hosting because you are helping people in choosing the right website hosting for your blog.

#17. eCommerce:

You can start your eCommerce website to sell different products. There are multiple platforms that help people to start a new eCommerce website and top-selling products very easily.

Some of the platforms, where you can start your eCommerce website are Shopify and Etsy. You can get the already prepared template of the eCommerce website and start selling products by registering with the website.

For starting an eCommerce website you do not need to create the products yourself. You can sell the products of already established brands to boost your sales and passive income.

#18. Create an Mobile App:

You can create an app that is useful for your audience. The development of the app needs a good understanding of technical knowledge and experience. Thus, it requires more effort to create an app.

However, when you create an app for your audience and they find it useful & use it. You can use your app to make recurring passive income with online advertising and sponsored ads on your app.

#19. Sell your Website or Blog:

When you create a website or blog to earn passive income, there are many options that you can use to monetize it. We have discussed options like online advertising and affiliate marketing.

Still, there are many options available that you can use to earn money from your website or blog. One that can help you to get a good amount of money is selling your website or blog.

You can simply create and nurture a blog to attract a good amount of traffic and sell it to get a good amount of profit. It is a profitable business. This process will also help you to make new investments into new websites and blogs.

#20. Buy and Sell Domains:

Buying and selling domains is a good passive income option that you can use to make a side income from domains. You just need to make the investment into buying a few well-named domains.

It will be easy to sell them at a good margin because people looking for a specific name can easily pay the amount for the domain. However, to make a good profit from buying and selling domains you need to pick the right domain names.

#21. Create an Online Course:

Online learning is a growing trend and people like to buy online courses, so they can learn new skills to grow. Online courses are the best to provide the knowledge to your audience that they want.

You can create your online course about any topic in which you have a good understanding and knowledge. It could be Digital Marketing, Social Media Marketing, SEO, or Affiliate Marketing.

After creating your course you can create your website to promote and sell your course. It will also help you in your Personal Branding and boost the sales of your online course.

#22. Start a Podcast for Selling:

Podcasting is another growing trend that you can use to generate passive income for yourself. You can simply use a podcast to promote your blog, eBook, online course, or affiliate products.

The main steps in the development of a great podcast are ideas to solve the problem of your audience, good quality content, and useful information for your audience. It will also help you with the marketing of your products.

#23. Create an Online Business:

The creation and development of an online business is a great passive income option for experts. Because it will help you to get a huge amount of passive income over time.

It will take time and effort to create your Online Business, but still, it is worth more than anything. You can create an online business related to online selling, online marketing, affiliate marketing, or business services.

You can hire people to work for you and focus on increasing business activities to boost your passive income. There is another option that you can use to reduce your workload over time and that is delegating your work.

How to Start Generating Passive Income (For Beginners):

Start with the basics: You can start your journey by learning the basics of passive income. It will help you to make yourself ready to handle the complete process.

The topics that you can start with – Marketing, Digital Marketing, Social Media Marketing, Content Marketing, Affiliate Marketing, and Passive Income.

Understand and learn all the requirements: The understanding of requirements will help you to be better prepared for the hard work and efforts that you need to put in.

For example, to start a new blog or website you need to know about website hosting, domain name, website design, content writing, graphic designing, and more.

Choose the suitable and right passive income option: You should always focus on your strengths and interest that you can utilize to create your system and brand.

If you are a beginner, you do not need to start with the advanced practices of passive income. It will be better to start with a free blog on platforms like Blogger to develop your understanding.

Work consistently: When you have made the final thought and started your journey to earn passive income. It is always important to work consistently and efficiently for your passive income system.

Because it will take time to generate passive income in the initial point of time. You can plan the monthly and weekly activities, so you can work effectively and efficiently.

Create your own system: The creation of your own system is a very important and tough job. However, it will help you to get recurring income in the future.

You can create an effective passive income system with a great idea and continuous work on it. Some examples of passive income systems are Affiliate Marketing with Blogging and eCommerce websites.

Set the goals that you can control: There are three types of goals that you can set to get successful. The goals could be short-term, mid-term, or long-term.

You need to set effective and SMART goals that will help you to achieve more in less time. For this you need to work on your plan very clearly – define your daily, weekly, and monthly tasks.

Track your performance: Tracking your performance is important and useful for you because it will show you the progress report of your work. You can plan weekly or monthly evaluations of your work and results to see your performance.

It will also help you to make the necessary changes in your plan to make your work more effective.

Enjoy the whole journey: It is the most important part of the whole process because if you are not enjoying this process it will become difficult for you to continue in a tough time.

You should always think about the things that you can control not the things that you cannot control. It will help you to boost your motivation and to continuously work for your passive income system.

Final Words:

These were the useful passive income ideas that you can use to create multiple streams of passive income in your life. You can start with basic options like free blogs to learn all the important concepts.

Then you can slowly move the second and third levels of passive income where you need to have the expert knowledge to grow your income. The most important factor in the success of your passive income journey is your action.

Always try to take action even small ones because, in the long run, it will help you to get more opportunities and success. So, always try to take action and start your passive income journey from today.