Is it possible to earn money while sleeping in today's digital world? This question arises many times in the minds of people.
Well, if you are one of them and ask me the same then my answer to this question in a simple way is yes, it is indeed possible.
How and what are the methods, that is what I am going to share through this article. So I request you to keep calm, have a cup of coffee ☕ and read this article till the end. ⬇️
1. Email Automation: First I pick email automation. Trust me, it is a really powerful automation process that comes with more than 50% ROI for the business.
Suppose, you have a fancy website of your product or service and collect organic emails, subscribers, through your website and now you have data of around 100 people.
Now you can process that data through email automation which automatically helps you to engage with your audience by sending them emails as per their action.
This system automatically processes them by sending regular mail and keeping a record of everything about how many people are reading the mails, what are your warm leads and hot leads, conversions through the mail, etc.
But there is a challenge when using the process, either you need to be an expert in email automation or hire someone who can create the funnel for you because small leakage in the funnel will destroy your automation process.
2. Paid Ads: Paid ads are another best option for promoting the sale of your products and services.
There are a lot of platforms that you can choose from according to your product and services. i.e. Google Ads, Facebook Ads, YouTube Ads, Instagram Ads, TikTok Ads, Snapchat Ads, LinkedIn Ads, and the list is no end.
Paid ads help to generate sales automatically by showing ads in front of the target audience and the chances of conversion are very high.
So once you have made the paid ads automation process, sales will be generated automatically without the involvement of people. But it depends upon so many factors and needs an expert who can create a perfect funnel for the paid ads automation process.
3. Personal Brand: Personal branding is one of my favorite factors in the overall process as people are inclined to know more about the person behind the company rather than the company itself.
Let me give you an example, you know people like Elon Musk, Jeff Bezos, and their companies Tesla, X Space, and Amazon and you can remember many examples like this.
People know more about Elon Musk because he is always highlighted everywhere and it is not difficult for him to stand up and establish a new company as you know the face very well.
Let me give you my example here, people around me know me well as a digital marketer. They are well aware that I provide SEO services, paid advertising services, etc but they do not know that I also have a tech brand where I do affiliate marketing for tech products, digital products, etc.
Now, I can promote my tech brand through my personal branding as well.
You can add these examples around you, choose your favorite influencer from Instagram, see how they promote products, give a shout-out to brands. All this has been made possible because of personal branding. His followers are customers. These are all examples of personal branding.
I suggest you literally if you are working somewhere or have your own business, start working on your personal branding also, it will definitely help you in your work and make this process more automatic which help to generate more wealth.
4. Collaborations: Today is not the time when you can move forward by dropping someone, in today's time you have to move forward with the help of others. This will give you a chance to meet new people or people from your competitors.
People love it if you collaborate with someone in your niche and exchange value with each other. Because in this digital world if someone is following you for your content, then it's 100 percent sure, that person will also follow someone similar to your niche.
In this case, if you collaborate with that person and surprise your audience, it will definitely send a positive signal about you and your personal brand as well.
5. Affiliate Marketing: Affiliate marketing is another great business model if you want to make money online. I have recently started practicing affiliate marketing, its techniques and have dedicated my tech blog to the affiliate marketing model.
What exactly is affiliate marketing is a different ball game altogether but the process and the entire business model is like cream on milk. If you really understand the game and sync with your passion or niche, mark my words you can earn 6-7 figures monthly.
Hold on, it's not as easy as you think, you have to be an expert from step 1 of funnel building to convince a customer to buy a product from you. Trust me, once you start winning this game, it will help you earn money in automation 24 hours a day, 7 days a week.
6. Subject Matter Expert: This is another interesting and trending area of interest that I have heard of and am very excited about. In this, you can mentor other people about your expertise and show them the right path.
Let's take an example, you are good at design. You as a designer have great experience in designing and working with so many brands. Now your area of interest is designing and you can give advice to people related to this field. You can teach about the basics of designing, tools to use in designing, how to get the first client in designing, and so many things.
To start you can do a free webinar and invite your tribe, you can do Facebook Live, there are a lot of platforms around you that you can use. Once you are good at it you can create your own paid designing course and encourage people to buy.
7. Launch your Ebooks: This is another option you can go with. Once your webinar is doing well and you build a good community you can share your entire experience in writing and launch an eBook and publish it on Amazon.
I got this wonderful idea from one of the Sandeep Maheshwari Sir podcasts where he is discussing business opportunities.
He explained that today it is so easy to create and launch your eBook on Amazon in just a few clicks and it will be available worldwide.
But before launching your eBook you have to keep in mind many factors regarding your niche selection, to whom are you targeting, are you providing the solution to the problem, why readers will consider your book.
Because as a newbie you have to stand out from the crowd and provide different content to your readers.
If you succeed in this, you don't know how much you can earn from it while you are sleeping or traveling around the world.
8. Reinvest in the Process: Now whatever you would do in collaboration to start your own courses, from email campaigns to paid ads, just re-invest in the process until you get good returns. Automating all these processes will definitely take time but once it is done, it will give you a lifetime income.
In the end, I just want to say, I'm not the one who specializes in all of this, but I'm definitely practicing the process and plan to do the same for my tech company. I share what I researched on a daily basis, if I miss something or you want to add something then you can definitely reach out to me on LinkedIn or connect with me directly.
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