How to Create Passive Income In Your Online Business

In this article, I’m going to discuss some of the best ways you can create a passive income from home. It will only take a few extra minutes to implement and you will increase your overall earnings passively. Let’s get started, shall we?

First off, let me start by saying that most people make the mistake of spending too much money on advertising, when they should be focusing on their sales funnel. It all stems from the sales funnel. Without it, you won’t be able to grow your business.

Step one. Create an information product. This is basically a product that teaches people how to do something. It could be an e-book that teaches people how to build a storage shed. You need a product to sell.

Step two. Create a custom capture page that you can begin building a newsletter where you will sell your information product. This is the lifeblood of any business. You will be able to follow-up with your potential customers and close more sales.

Step three. Send targeted traffic or visitors to your capture page. This is by far the fastest way to build your mailing list. It’s also the fastest way to get sales in your business because people will learn more from you over a period of time. Meaning you can send them broadcast messages and special discounts on the products you are selling online.

Now, there are lots of traffic sources that you can use to build your list. However, in order to more effectively target your audience, I suggest using just 3 methods. These traffic generations methods are: Article marketing, Facebook ads and Solo ads. These are the 3 that I have personally been using to build my business and create a stable income online.

I suggest that you choose the one that most fits your needs and master it. You want to be comfortable when you are out “driving traffic” to your products. So choose just 1 traffic building method and stick with it until you see results!

Step four. Analyze your results. Now that you have been testing different traffic sources you can choose whether or not they are all worth your time. I like to do all 3 methods as they have proven profitable. However, it’s up to you to decide for yourself.

If you do decide to use all 3 methods, I suggest setting up a separate email newsletter for each traffic source so you can track where the sales came from.