Selling t-shirts with your own designs, becoming influential on social media and filling out a few surveys every day. These are all passive income ideas for 2017.
1. Merch by Amazon
Merch by Amazon is the big deal on the horizon for 2017 and beyond. If you have a business brand or you're a designer this is the perfect way to earn some passive income from your designs.
It's been around since late last year and already sellers in the US are performing well with Amazon's great “Prime” support for buyers. You need to apply and be approved as Merch is very much still in a beta testing stage. Signing up however doesn't just appear to be limited to US residents. If you have an Amazon.com account you can sign up and wait to be approved. When you submit your application you'll get links to download Photoshop, Illustrator and Gimp templates. This means you can get started designing right away and, once approved, upload your designs and start selling t-shirts on Amazon. It can take some time to get approved so its a good idea to apply for Merch by Amazon today.
2. Become a Micro Influencer
Social media is the heart of the online world in 2017. If you are building a niche following there are advertisers out there who want to work with you. Influencer marketing is proving to be very effective for businesses who want to talk to their ideal customer. The good news is you can get started with as little as 1,000 followers on networks like Instagram.
The most important thing to bear in mind is quality over quantity. Never consider buying followers or likes as these are usually fake and will never engage with the content you post. It's better to have 1,000 real fans that like your posts than 10,000 followers who never react to anything you post. If you go down the buying likes and followers route brands will soon stop advertising with you once they realise the results are not what they expected.
Influencer site Tribe estimates you can make up to $300 (£230) per post with a following of up to 20,000 and over $1200 (£925) per post if you're over the half million follower mark.
3. Complete Online Surveys
This is one of the best methods to make money fast. You'll usually have to wait for enough surveys to hit payout thresholds. If you've got a few spare minutes throughout the day and don't mind answering surveys this is a no brainer.
YouGov is one of the biggest and most reliable players in the online survey space. Their surveys can be fun to fill out as they're usually very topical and based on real issues in the world today. YouGov is a UK based company and pays out when you hit an income amount of £50 ($65). The pay is usually around 50p per completed survey and this truly is a very easy way to earn a little extra cash.
How Are You Making Money Online in 2017?
Over to you? What's working for you online right now? Let me know the latest methods you've found to earn money on the internet in the comments.