Create a website for affiliate marketing
Another very interesting way, especially for people with an existing blog or website: is affiliate marketing. You can use this to place links on your blog that promote products. For example, you will receive a fixed amount or percentage of the sale for every order placed via your link. Do you have many visitors who are interested in certain products or services? Then you can certainly build a nice passive income with affiliate marketing!
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There are numerous platforms where you can find companies that do affiliate marketing. They want to sell something, preferably through as many channels as possible. If your website has enough visitors, those companies are eager to do business with you. However, you can also start a very targeted micro niche website that will generate revenue with even smaller traffic.
The best way is to create a website or blog is to choose a topic you are passionate about, and promote products or services that are relevant to this niche. That increases your conversion rates!
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