If you are a WordPress Developer or expert looking for the reliable source of earning a decent passive income then you have landed on the right page. In this blog, we will discuss some genuine, legal and innovative ways to earn a good passive income through WordPress. While it is not a get rich quick scheme, you can certainly reap long term rewards with relatively small efforts and some smart strategies:
Join Affiliate programs
One of the oldest and most trusted methods of earning passive income is to join affiliate programs with decent returns. You can join these programs for free and refer the people to purchase the products or services from specific brands. Upon each successful transaction, you get some amount of commission.
Join the relevant merchants and brands that align well with your blog niche. Also, consider the demographics of your targeted and present audience to improve the sales potential as you can earn only if someone buys a product/service through your affiliate link
If you are a gifted writer and a pro expert of your field then you can also consider a threshold on the free articles and offer reasonably priced premium membership programs to the interested clients. While the free articles would make the readers acquainted with your writing abilities and content value, the premium membership will allow you to earn a good amount from your articles on a recurring basis.
Give multiple options to your readers like paying each time they need to read a specific article or reading unlimited articles during a specific time period. There should be a good balance of pay per article and monthly/quarterly/half-yearly plans to meet diverse interests and budget.
Editorial services for sponsored content
You can invite the businesses and corporate CEOs to post their guest posts on your blog and offer them a complete suite of editorial services by reviewing their articles, selecting the qualified and high value posts and giving them the final touch (editing and presentation). Additionally, can also offer a complete content marketing service by actively promising the content on your social media sites and various other digital platforms. You can charge for the editorial revising + content marketing.
Offer blog management packages for corporate houses
Blogging is important for the corporate sector in order to build an authoritative identity and gain SEO benefits. However, writing content, editing it and presenting it in a reader-friendly way can be a demanding task for them- especially if they are low on budget and manpower.
You can offer them complete blogging management service where you can write, edit, proofread and publish the blogs on their website through WordPress (or any other) CMS. You can offer them additional services like sharing on social media, making SEO related changes on a periodical basis and other issues that affect the impact of the blogging. You can sell it as a monthly or quarterly package. While it is not actually a passive income opportunity, it can become a regular source of decent income.
While starting a blog could be a great option to earn income, it needs some expert skills and real-life experience, so, once you have acquired good experience in the felid of commercial blogging, you can also sell blogging courses to your visitors.
Today there are a number of people who are willing to pay a decent amount to someone who can teach them the secrets of starting and running a successful blog and exploring the best income opportunities. By selling blogging courses in either video or text format you can earn a really good income.
Last but not the least, Google AdSense is the best way to earn the passive income. Here again, the unique blogs can get better income opportunities.
Once you get into the program, Google will post on your site relevant adverts from its network of publishers. Whenever guests to your site click on these ads, Google pays you.
As soon as your blog is approved the Google will start showing the relevant ads to your visitors
Each time the visitor clicks it on your blog you get a specific amount that is transferred to you on a periodical basis as per the company’s rules.
It might not be easy to get approved to Google ad sense so you can consider other options as well:
Email marketing is arguably the most effective marketing strategy for corporate brands. However, in order to ensure a good success of email marketing campaigns, you have a thriving community who really trusts you. So you can be the best person to market the rewarding products and service of the relevant and related brands through email marketing.
It pays decently and you can expect to earn a really go regular income through email marketing.
The WordPress development is a complicated and demanding task and due to the increasing level of competition, it isn’t always easy to get the remuneration that you truly deserve. However, you need to think wisely and instead of chasing projects after projects, make a solid strategy of earning passive income through WordPress by exploring various easier and better options. Instead of working for others it could be a better option to create your personal excellent WordPress blog with excellent features, functionalities and professional appeal. There are diverse ways in which you can use this blog to build a reliable source of passive income.