The Best eight ways to Earn passive income in 2020

The Best Ways to Passive Income in 2020 (8 Best Ways to Get Started)

What is the best way to make Earn Passive Income? How to get started? Let's take a look at 8 Ways to Make Passive Income, Travel affiliate, Blogging, Digital Marketing, and many more - so you can choose the one you like:

1. Start blogging in 2020 and earn passive income:

The easiest way to passive income is blogging. While blogging is easy, making passive income with it is not that easy. Rather, that is the most difficult. You can also use the blog as a platform to start other work. Which will be the real income.

The Best Eight ways to Earn passive income in 2020

Determining the topic of blogging is the most difficult part of blogging. To be successful in blogging is to write about a good topic. You need to write about what you know best. Anything that doesn't have a good blog yet.

What is passive income and how to start passive income?

You can blog about travel, but only one in 20 people do it. There is no point in this crowd if you can't find readers with your blog. Income cannot be made that way. Instead, write about something that has less blogging competition. Blogging with vintage car owners is more likely than blogging about traveling to Thailand.

Ad and affiliate marketing are two ways to earn. Let's look at these ones by one.

Option 1. Monetize the site with ads:

Ads are the easiest way to monetize the site. It can be started with Google AdSense. If someone comes to visit the site and sees the ad or clicks, you will get a few cents.

The problem is, there is very little income from ads. Again, many people visit the site using the adblocker. And very few people click on the ad sense ad.

It is more profitable to sell ad space for businesses. If the subject of blogging is right, you will get more traffic to the site. And more traffic will be income from more ads. Like the vintage car example, the blog is more likely to be successful with older car parts.

Option 2: Monetize the site with an affiliate program:

Monetizing sites with affiliate programs is very popular nowadays. Retailers like Amazon offer a profit to those who encourage people to buy their products. These profits can range from 3% to 60% of the sale price. In this way, it is possible to make a passive income by helping other people's product cells.

Like ad, affiliate marketing needs to have the right niche in a blog. There is no doubt that a vintage BMW blog will be more popular than a normal travel blog. But whatever you sell affiliate, it cannot be sold from your own site.

Blogs should be monetized using as a base. Affiliating a product with the content of the blog increases the chances of people buying it. If you already have your own blog, it will be convenient for you to do so.

2. Passive Income 2020 by selling guide:

Information guides are very popular with people. It is possible to make a passive income by creating and selling guidebooks on the subject that is in demand.

Just like the car blog example, there is a lot of trouble to maintain the car. Many will want to learn it, but they need tutorials. If you offer this information through a guide, people will be interested in buying it. In this way, it is possible to make and sell 3/4 guides of different car models. Not everyone will fix the car, but everyone will want to buy a car fix guide.

We are not the main content of the blog. If your blog has a guide that has no alternative elsewhere, people will buy it.

3. Create and sell a video course in a few days:

Just like a course guide, it can be used as a way to do something about a subject, with a special tech subject. You can easily create a high-quality course with your computer, microphone, and software. You can sell that course on your own site. You can also sell in big markets like Udemy.

It is also possible to earn a good income with a course like a guide. But no one would buy a course like the hundreds of Photoshop 101 courses on the market. You have to do a course with something that there is no other course in the market or less. Then there will be benefits.

4. A Deal Newsletter - Get Started Today:

Everyone likes discounts. People will be interested in buying your product after getting a discount deal. To start an offered newsletter today to give these offers.

Secret Flying websites do this successfully. This site uses many techniques and tricks to help the user to buy a plane ticket at the lowest price.

So if you compete with SecretFlying but it won't work, you have to do something with your own niche.

5. Selling something with Amazon, soon:

Non-digital products can also be sold online. You can also think about this option.

"Fulfilled by Amazon" is another popular passive income source, which is being promoted in 2020. Basically, any physical product (handmade or bulk imported from China) can be sold with Amazon. Amazon will list your product on their site, sell it, and then deliver it. They also keep a hefty commission for this work, but it should be noted that they are doing all the hard work.

Although FBA is popular, creating physical products is a lot of hard work. Again the market demand for cheap Chinese goods is low. So hard to sell. Think of something that is in demand. Then it will be possible to sell it to people and become a source of income.

6. T-shirt and other wear fabric designs:

The market for t-shirts is already saturated but designing t-shirts is a very easy task. So this work can be started very easily and cheaply. If you are creative, keep designing one t-shirt after another. At first, the sales were not more than a few, but it can be seen that one or the other design has become popular, then the sales will increase rapidly.

There are 3 steps to this work: designing, selling in-store, then marketing the product.

• You can do the design yourself, or buy images from a stock photo site like PhotoDune, or hire a professional from Envato Studios to do the design.

• Sites like CafePress you can use as a marketplace. They will sell, design, print, ship, etc. for a commission. You don't have to hold a single t-shirt with your own hands.

• Use Facebook and Google AdSense for marketing. People will be interested to know about the product by watching the ad. Then you will be able to sell your product to some of them.

7. Creating a WordPress theme for ThemeForest:

This is the current trend. There is a possibility of a good passive income with it. This is actually the most popular product category in the Envato market.

If you want to start a blog, almost everyone wants to use WordPress. And if you use WordPress, they also need a good theme. Every day thousands of people find themes at ThemeForest in Envato Market. Theme developers make good money by selling these themes.

The theme business is initially very low income, but if you continue to do this for a long time, it is likely to be a passive income. But only if you can create a theme.

8. Other products of Envato Market in 2020:

WordPress themes are not the only ones that can be sold in Envato Market. Stock photos on PhotoDune, stock footage on VideoHive, sound clips on AudioJungle, graphic related items on GraphicRiver, code and web app items on CodeCanyon, and 3D elements on 3dOcean. There are many options for skilled people to choose a job.

It is very easy to start passive income online in 2020, but it is very difficult to do.

There are many ways to make a passive income, it is possible to implement it after a few years of hard work. You can start your own t-shirt business this week, then you will be ahead of everyone in this work.

If you just build a site, there will be no income with Site. It is not possible to earn income without work in any of the above ways. You have to work hard to build everything. You can take a course at Udemy on how to increase the number of visitors to a website, or market it to sell themes on ThemeForest. Otherwise there will not be much trade.

Later in this passive income tutorial series, we will discuss in detail some of the ways mentioned here, which will help you set your goals. You too can start Passive Income in 2020 by choosing one of these approaches. Write down on paper what skills you have, and then compare which ones will work best for you.