3 passive income ideas for your business

If you’re looking for ways to add more income streams to your business then listen up, this blog post is for you. Passive income is a great way to add revenue to your business, purely because it’s easy to scale and doesn’t depend on time for money. So you can grow this income stream without running yourself into the ground.

So what are the best passive income ideas for your business? Let me tell you…

Ebooks & online courses

This is probably the most common, but everything you need is already up there in your head. So, getting is down into a format that’s suitable for an ebook or online course would be your only hurdle here. But luckily there are already so many great platforms to help keep this process as low tech as possible, such as Teachable.

Affiliate links

Many companies will have affiliate programmes to entice you to recommend their wares in return for a small commission. Again this is easily scalable. But even if you don’t have a large audience, you can still direct people organically via Pinterest, or through paid ads to your blog post that includes affiliate links. You obviously just have to keep an eye on your ROI (return on investment) to ensure you’re making a profit. There’s many highly successful entrepreneurs who have affiliate links as quite a large percentage of their overall earnings.

Templates or stock images

If you have the skills, then you can create templates, such as website themes, social media graphics, Canva or Photoshop templates and even photography and videography presets and project files. I have my very own template shop, called The Content Shop, where I sell ebook templates, social media graphics & Story prompts.

If you’re a photographer or videographer you can also sell stock images or footage for other creatives and entrepreneurs to use in their projects.

The best things about all 3 of these ideas is that you can set it up and, within reason, forget about it. Or as I mention before put some ad spend behind it to really get it seen. Meanwhile you’re working away on something else… It doesn’t get much better than that.

3 passive income ideas for your business

Pamela
Pamela

Marketer | Business Owner | Content Creator
My goal is to enable small businesses, entrepreneurs and start-ups and help them realise their full online potential.

3 Sleezy Instagram Sales Tactics to Avoid

3 Sleezy Instagram Sales Tactics to Avoid

With Instagram use on the rise, it’s obvious to see why you’re considering it for your business. But when it comes to selling on social media, there’s 3 Sleezy Instagram sales tactics to avoid, but don’t worry… Because I’ll keep you right! 1. Sliding cold into the DMs It’s the cardinal sin! I’m sure if

Read More »
3 ways blogging adds value to your business

3 ways Blogging adds value to your business

Starting a business blog is a very wise decision for any business type, size or niche. It’s becoming more and more important to not only develop and grow an online presence thesedays, but also to be able to communicate and engage with your potential customers… And how bestto do that than by crafting blog posts

Read More »
Instagram Reel Dimensions

What are Instagram Reels Dimensions

If like me, you’re obsessed with Reels, you might well be wondering about the Instagram Reels dimensions? I know I did… But I’ve worked it out (so you don’t have to!) But first up, let’s talk a little bit about Instagram Reels and why they are so marvelous for your business. 1. What are Instagram

Read More »
3 ways to provide valuable content to your online audience

3 ways to provide valuable content to your online audience

You’ve got a growing online audience, but you’re struggling to know how to provide valuable content & what to say to them to keep them interested and coming back for more on your social media channels, blogs, podcasts and YouTube videos. So, let me tell you 3 ways you can engage your online audience and

Read More »
Why not having a content strategy is killing your business

Why not having a content strategy is killing your business

Getting your content strategy right for your business can sometimes feel a little bit like a wacky races, but it really doesn’t have to. Getting your strategy right is one of those things that once you get clarity on it, it’s a little like plug and play. Don’t skip the first step So many business

Read More »
3 ways to grow your email list

3 ways to grow your email list

Are you looking to grow your email list? Email lists are a valuable asset in the marketing world… Why? Because you own it! No algorithm change is going to pop up and instantly wipe out your reach overnight. So If you haven’t already set up an email list for customers, or potential customers, then go,

Read More »