I have spent the last 17 years growing and running various businesses. And I’m about to share with you what I have found to be the easiest form of passive income online.
In fact, at the time of this post, just last month I brought in $9,398 and what I call mostly passive income.
Of course, nothing is 100% passive, not even the stock market.
You still have to make the money to put it into the stock market. If anything was 100% passive, would be able to blink our eyes and be millionaires.
So what is the easiest form of passive income? Let’s dive in.
My Story
My first business was a photo studio and this was very much not passive. It was a lot of work and I was directly trading my time for money.
After many years of running that business, I realized I wanted a way to grow my earnings without trading my time for money.
Then I found out about this thing called digital info products.
Now there are many ways to sell digital products. But I’m about to share with you my exact three part framework. I find this to be the most easy, profitable and long term strategy to do it.
If you know you want passive income but you’re just not sure which digital info product that you want to sell yet, I have a list of 54 different types of digital products you can download completely for free here:
3 Part Framework
Part one of the passive income framework is to grow an audience online. Part two is to create a freebie or two. Part three is to set up an automated email sequence to sell digital products that help your audience.
And if you’re thinking “An automated email sequence sounds amazing, but I don’t have an email list yet”…
If you don’t have an email list yet that’s okay.
I got you! Download my freebie email list building funnel completely for free below. This will help you move your followers to email subscribers so you can automate your digital product sales.
Part 1
Now in order for your sales to be passive income online you’re going to need a consistent stream of traffic.
Because you can make all the digital products you want.
But if nobody’s actually going to your pages and funnels to actually see your digital products then nobody’s going to buy them.
I’ve tested a lot of the traffic platforms out there. And I have found YouTube to be the most profitable, reliable, and fun way to have a consistent stream of traffic running to digital products.
Not only does the traffic help you get paid by selling your digital products directly, but you also are able to get paid from YouTube itself.
YouTube has a program called the YouTube paid partner program, or YouTube AdSense, and you get paid per how many views you get on your channel!
At the time of this post, last month I was able to make over $1,200 just from YouTube AdSense. That doesn’t include all my digital product sales or any other sales!
So I was actually getting paid to grow my following and grow my email list!
Not to mention I was getting paid to actually make sales! I don’t know about you but I love getting paid to bring in customers versus having to pay for ads to hopefully get customers in.
Part 2
Next you’ll want to focus on moving your followers to email subscribers.
Email is 40 times more effective at making sales than social media alone!
It’s also a really great way to be able to stay in touch with your subscribers, build a relationship, and have a backup plan in case something happens to your social media channels.
For instance if your social media channel gets shut down or you lose access.
You’re always going to have your email list!
The best way to move your followers to email subscribers is with a freebie.
If you’re asking yourself what a freebie is, it is simply a free digital tool that you make available for download.
In exchange for getting that download, your visitors are going to put in their name and email and subscribe to your email list.
So you’re getting an email subscriber and they are getting the freebie!
Once they subscribe, they’re going to get an automated email with a link to that freebie so it’s delivered automatically.
Now there are tons of different freebies that you can create. But in my opinion the best freebie is actually a tool you are already using!
For example, I made a video the other day about YouTube and I didn’t have a freebie relating to YouTube.
So I thought about what some other tools are that people might want that I already have.
After brainstorming, I came up with the idea to make the actual YouTube script I use as a freebie!
I took the script template that I already had made for my business and I simply made it available as a freebie.
And you can get that freebie in the description below:
Part 3
Next, you’re going to want to set up an automated email sequence to build a relationship with your subscribers, provide value, and offer your paid digital products for sale.
This is how you you create passive income online!
And where the free software I use comes into play!
Inside the email marketing software, (I recommend Systeme.io) you’re going to automate a string of emails to do the selling for you!
This is what makes this strategy passive income. You create the digital product once, run traffic to get subscribers on your list, and then you can deliver your freebie and sell paid products on autopilot to them!
In Conclusion
Now that you know how to sell digital products online, and even the free software that I use to automate and make all of this passive, you might want to learn my one simple strategy that brought me over $8 million in digital info product sales!
This post was all about the easiest form of passive income online. And the free system I uses to put my digital products on autopilot!
If you want to learn 54 of the most popular digital products to sell online, download the guide completely free below!!