We all love the idea of doing the bare minimum yet getting a decent chunk of money in our bank accounts every month. It’s an idea that seems almost too good to be true, but the modern internet era makes it possible. All you have to do is start a blog and you can earn passive income without doing any work every day.
Yes, this is genuinely possible. Will it be easy? No! But here’s how you can attempt it:
Start a news aggregator blog
Most articles that talk about passive income will have you start a blog. From here, you’ll create regular blog posts and earn money through various means.
But, what if you didn’t need to create blog posts?
A news aggregator site will pool articles from around the web and put them in one place. You can create a blog like this using news aggregator plugins that find posts for you. Your blog then becomes a hub for people searching for a particular topic, and you provide all the resources from around the web. You don’t have to create any posts, yet traffic comes to your site.
Implement digital advertising
Of course, the key way to make money is through digital advertising on your blog. You can leave space for ads on your pages, and people may click on them when visiting your site. The great thing about online ads is that they change for each individual, boosting the click-through rate and increasing your chances of making money.
Hire some writers
You could also try to make money through affiliate marketing or sponsored posts. If you wanted, you could create posts yourself with affiliate links, or contact brands for sponsorship opportunities.
However, if you want to do minimal work, hire some writers. There are loads of freelance networks out there where you can pay people per project. This is better than hiring them as full-time employees as it costs less and you don’t have to deal with things like paid time off and other employment perks.
Simply come up with a project idea, pay someone to write it, and then post it on your news aggregator site in the blog section to try and make money through affiliate marketing.
Promote your blog
In essence, this is the main work you’ll have to do. Blog promotion is crucial to driving traffic to your site so you can actually make money from advertising, affiliate links, etc.
Also, the more traffic a blog has, the more likely it is that sponsors will contact you. They see a big opportunity to get their brand directly in front of a huge audience, so they may pay for prime advertising space or sponsored posts.
With a good marketing strategy in place, a lot of the stuff happens behind the scenes. You can automate social media posts to promote your blog, and you really don’t have to do a lot of work at all. If you’re patient in the beginning and pick the right niche, there’s no reason you can’t earn passive income from a blog with minimal work required.