Passive Income
The success of passive income sources on the net has now produced an industry in its own right, dedicated to promoting sources of passive income. It really is a minefield, and like anything which promises the Earth, most of the hype is of very dubious quality.
But- some forms of passive income do work. The need is for quality of passive income sources.
'Passive income' is defined as a source of revenue from a product or service which doesn’t require any additional work after being set up
Revenue is paid per click, for example:
* Like on many sites using Google advertising, per click, a percentage of revenue.
* For hits on an article or blog, which can pay for years afterwards.
* Sale of electronic rights, generating a payment for each sale by a third party.
* Sale of information, or 'infopreneurial' work. Ironically information on 'How to make money on the internet' is a very common commodity in this field, to the point of saturation.
* Affiliate or invitation systems whereby a person recruits others, usually for direct sales of things like Amway, Tupperware, and gets a percentage of their sales, or for online or other commercial content.
On line bussiness of any sort, also contains an element of actual marketing, both direct and indirect. Passive income works best when operating through sites which get a lot of traffic.
Most important: Passive Income is generated by volumes of traffic.
