1. Affiliate Marketing
- Method: Promote products or services from other companies on your website. You earn a commission every time someone purchases through your referral link.
- Tools: Amazon Associates, ShareASale, CJ Affiliate.
2. Google AdSense
- Method: Display Google ads on your website. You get paid based on impressions or clicks from visitors.
- Tools: Google AdSense platform for ad integration.
3. Sell Digital Products
- Method: Create and sell downloadable products like eBooks, worksheets, or templates. These require minimal upkeep once created.
- Tools: Gumroad, SendOwl, Shopify.
4. Online Courses
- Method: Create online courses in your niche and sell them on your website. Once set up, courses generate income passively.
- Tools: Teachable, Thinkific, LearnDash.
5. Membership Websites
- Method: Offer premium content, such as exclusive articles, videos, or webinars, in exchange for a recurring subscription fee.
- Tools: MemberPress, Patreon, Substack.
6. Sponsored Content
- Method: Partner with brands and publish sponsored articles or product reviews for a fee.
- Tools: Cooperatize, AspireIQ, Izea.
7. Sell Online Courses on Marketplaces
- Method: List your courses on educational platforms where they can be sold passively.
- Tools: Udemy, Skillshare, Coursera.
8. Dropshipping
- Method: Set up a dropshipping store where you sell products without holding any inventory. Orders are fulfilled by a third-party supplier.
- Tools: Shopify, Oberlo, WooCommerce.
9. Email Marketing
- Method: Build an email list and send out automated newsletters or promotions to earn through affiliate links or product sales.
- Tools: Mailchimp, ConvertKit, AWeber.
10. Sell Ad Space
- Method: Rent space on your website to advertisers. You can charge for banner ads, sidebar ads, or even full-page takeovers.
- Tools: BuySellAds, Ezoic, Media.net.
11. Create a Job Board
- Method: Build a niche job board where companies can post jobs for a fee. This can be specific to industries like tech, healthcare, or education.
- Tools: WP Job Manager, Jobify, Smart Job Board.
12. Flipping Websites
- Method: Build a website, grow its traffic and revenue, and then sell it for a profit.
- Tools: Flippa, Empire Flippers, FE International.
13. Podcast Monetization
- Method: Start a podcast and monetize through sponsorships, affiliate marketing, or listener donations.
- Tools: Anchor.fm, Podbean, Buzzsprout.
14. Sell Stock Photography
- Method: If you’re a photographer, sell your photos to stock photography websites or create a stock photo website.
- Tools: Shutterstock, Adobe Stock, SmugMug.
15. Create a Resource Library
- Method: Build a curated collection of resources or tools in your niche that others can access for a subscription fee.
- Tools: MemberSpace, Wishlist Member.
16. Sell Website Templates or Themes
- Method: Design website themes or templates and sell them to users who need a professional site layout.
- Tools: ThemeForest, Creative Market, Elementor.
17. Sell Print-On-Demand Products
- Method: Create custom designs for products like t-shirts, mugs, or posters. With print-on-demand, products are only printed and shipped after a customer orders.
- Tools: Printful, Redbubble, Teespring.
18. Create and Sell a SaaS Tool
- Method: Develop a Software as a Service (SaaS) tool, which users can subscribe to monthly or annually.
- Tools: Bubble.io, Outseta, Memberful.
19. Audio and Video Monetization
- Method: Sell royalty-free music or video clips for content creators or create your own YouTube channel with monetization.
- Tools: Pond5, Vimeo, YouTube AdSense.
20. Virtual Real Estate
- Method: Purchase domain names or websites, improve them, and sell them for a higher price or generate income from them over time.
- Tools: GoDaddy Auctions, Sedo, Namecheap.