Åsikter uttryckta av Entreprenör bidragsgivarna är deras egna.
Many Americans want to retire by age 67, and many of us would like to create wealth that we can pass down for generations. However, many folks are not on track to reach either of those goals. In a survey of 2,000 Americans ages 40 and up, with a minimum of $25,000 in investable assets, the majority of those in their 40s had less than $100,000 in retirement savings. For those in their 60s, over a quarter had less than $50,000.
We can no longer rely on a single income source to make enough for retirement, and certainly not for generational wealth. The secret to those who are accomplishing these goals? Passive income.
Passive income is pengar earned without requiring active work. These forms of income typically require a fair amount of work up front, with the goal of eventually being a hands-off venture in the future. This is how people make money while they sleep. Passive income usually entails investing in stocks or property, or selling a product.
Ready to get started? Here are a few of the most popular passive-income options.
1. Digital products
Digital products are online products that can be instantly downloaded or accessed. Ebooks, how-to guides, online courses, templates and apps are all examples of digital products. You’ll need to find a way to market these items. It doesn’t take a huge following to make money — apps like TikTok make it easy to “blow up” with one good video.
With digital products, you’ll also need to find a place to host them — whether you’re selling from your own website or elsewhere. Etsy is great for templates, Amazon is ideal for ebooks and Udemy is popular for courses.
Investing is a tried and true form of passive income. Investing in individual stocks takes time and research, so it’s better to invest in mutual funds or ETFs for easy passive income. While there is still some initial research, the stock market is all about time in the market; once you’ve invested, you need to let it sit. This is because of compound interest. The more interest you earn on your investments, the more that interest will earn interest. This is why it’s so important to invest early and consistently.
3. Make a YouTube channel
Many people are scared away from the idea of making a YouTube channel for fear of showing their face — but that isn’t a requirement. Have you ever searched for a video of a thunderstorm on YouTube? Or a video of birds chirping to leave on for your cat? People make thousands off of those videos, and they can be created without spending any money.
Once you’ve set up your channel, you’ll need to find a video and audio. You can find free videos on websites like Pixabay.com, but there are plenty of others to find with a simple Google search. Next, within the YouTube studio, go to the YouTube audio library and search for the appropriate sound. Use video-editing software to put them together, and post the video. Once you’ve been accepted into the YouTube partner program, you’ll begin earning ad revenue.
4. Affiliate marketing
Affiliate marketing refers to selling goods and services that are not your own and earning a commission for the sale. These commissions are tracked via a unique link: You get people to click your link and make a purchase, then get credit and commission for the sale.
People often go about affiliate marketing in one of two ways: by building a presence on social media, or by building a blog. With the first option, you’ll need to create a sales funnel that will ultimately lead the customer to the products you’re selling. With building a blog, you’ll need to flesh it out with content and make sure your SEO is on point so people will find the blog. It doesn’t hurt to have a social-media presence to bring people to your blog as well.
When choosing affiliate programs, you’ll need to first choose a niche, then choose the items with the best commission percentage, so you’re earning the most for your time.
There are easy passive-income forms, but the really rewarding ones can take some work up front. Once you’ve put in the time, you can sit back and watch the cash flow in.
Hur man startar affiliate-marknadsföring utan pengar 2023
Åsikter uttryckta av Entreprenör bidragsgivarna är deras egna.
To start affiliate marknadsföring without money, people often think you must become a blogger with a dedicated website — draining money and resources. Although it is helpful to have a blog when you can reinvest in your business and scale upward, it’s not essential. Affiliate marketing with no money means affiliate marketing with free traffic.
Tiktok doesn’t use follower count as a ranking signal, so you don’t need a million followers to make money as an affiliate. You just need to reach the right people. Here’s how to start affiliate marketing on TikTok.
Choose a niche affiliate program
To succeed in affiliate marketing on TikTok, focus on what people spend their disposable income on and stick to it. Once you provide hacks around these areas, you can influence people to purchase them using your link.
An example of this is the Shein Haul. Some categories you could consider include clothing, makeup, electronic gadgets, food, livsstil and fashion. As a Tiktoker, you can simply start by showing off some items you got on Shein. Add länkar to the items, as people want to order any clothing they like during your try-on.
Hack your TikTok channel growth with emerging trends
At the core of TikTok genetic makeup are “trends.” The app is built around trends. To grow your TikTok reach and start affiliate marketing with no money on the platform, you have to begin to understand trends. Creatively tap into TikTok trends by:
- Using trending music and sounds; remember to use these sounds while they are still new, so your content gets the impressions while it’s still hot.
- Joining challenges, dances and mashups. Always bring in something new and unique to challenges. If possible, make a better and improved version so others can draw inspiration from yours.
- Take content clues from already viral videos and look out for patterns. What sounds, hashtags and captions did they use? What was captivating in the first few seconds, and how did people react in the comments?
- Initiate trends with your content and make it irresistible; mash-up popular sounds and switch up a current challenge. When you create videos with exciting sounds that are easy to replicate, it’s bound to go viral, as FOMO would want others to replicate
When your content finally goes viral, capitalize on the content that goes viral to build momentum in pushing traffic to your affiliate offer. How can you do this? Engage with every comment on your profile, welcome new followers and ask them what they want to see. This will skyrocket engagement with the viral video and increase its reach. Replicate this process in other videos.
Implement the product into your videos organically
People will scroll away if you sound like a robotic sales ad. To do affiliate marketing on TikTok, infuse your products organically by doing a storytime while using the product, adding it to your daily routine, sharing the product as a reply to a comment asking about it or doing a product review. Try to be as objective as possible.
Essentially, your priority should be to provide valuable information to your audience in an entertaining manner. Then strategically weave the affiliate product into the fun videos.
Promote like crazy
1. Linking affiliate products
Add your affiliate länkar in easily discoverable areas by:
- Using a popular hashtag if there are other similar affiliate products
- Including your affiliate link in your bio or through a bridge page
- Adding an affiliate URL in your content description
- Offer a coupon or your unique discount code in the comments
2. Build your other social platform audience
Redirect your generated traffic to build engagements and followers on your other platforms. Do this by customizing your profiles and adding a Youtube or Instagram link. Also, let your viewers know they can watch the full clip on Youtube (if you have one).
Starting affiliate marketing with no money means building an audience with a free traffic source — in this case, TikTok. Though TikTok does not restrict organic reach, unlike most social platforms, it still requires a great deal of consistency. Remain consistent in creating entertaining yet valuable content. When you finally start making money doing affiliate marketing on TikTok, invest in TikTok paid ads to scale even faster.
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