What are some passive income product ideas?
These are different than passive income investment streams. Products require more work, investments require more money. These product ideas require sweat equity.
- Course Creation: You can sell this for a premium, they are trending right now and they are hard to copy. Udemy, Teachable, Lynda
- Audio: Audio books, music, stories, hypno, same as ebooks, but with CDBaby. Bonus, create this in a series. A 45 minute audio piece can be sold for $20 or more. 45 minutes is 45 double spaced pages read aloud.
- Ebooks: Write an ebook or ten and push these through a site like bookbaby for multichannel selling. This allows you to write the book and then sell it on amazon, lulu, barnes and noble, without going to each webstore.
- Photography Sites – take great photos, edit them, put them on photog sites for licensing
- Blogging and Affiliate Links – the best are with hosting companies – Pat Flynn is making a killing here after about 6 years of affiliate link inventory, but you need to start a blog. and then write in your blog.
- Niche Sites – Selling how to info for a very small niche. Aka walled blog.
- Membership Sites, this has to be updated regularly to work
- e-commerce and drop shipping? – meh, this is less about creating, and more about creating a site and choosing products. Margins are low. This is a commodity business at this point, unless you are creating a new product.
- Video is prime time – Go full on with youtube and adsense
- Content library of… Images, Music, Sounds, Videos, – then royalties
- Apps, then with upsells,
- Create a product from public domain content, videos maybe? You just need to find it and organize.
- CafePress, Zazzle, create logos or sayings for t-shirts, mugs and other stuff
- Create a weekly comic, sell stuff, and books
- Podcast and sell advertising
- White label products
- Others?
So then, What’s the plan?
This site gave me a bunch of good ideas:
http://realpassiveincomeideas.com/43-best-passive-income-streams-opportunities/