Which Passive Income Techniques Are Most Effective?

[BeachLife]

What is your area of expertise?

Not sure it that was a rhetorical question, but in case not; spreadsheets, front and back end web dev (ASP/SQL), vintage bmx, ice cream, umm, thinks that's about it.

 

[philiporchard]

I'm sure there are quite a few on here who generate good passive income through websites and advertising streams... I wonder if Admin would class AD as passive income, or does it require too much maintenance?

 

[accelerator]

I'm sure there are quite a few on here who generate good passive income through websites and advertising streams... I wonder if Admin would class AD as passive income, or does it require too much maintenance?

I very much doubt Acorn would qualify as "passive" income, Im sure the moderators would agree.

 

[accelerator]

More suggestions from me:

- Sell your photos on stock photography websites.

- Make YouTube videos. OK, not passive when you have to make it, but it is thereafter.

Keep the suggestions coming please.

 

[martin-s]

Not sure it that was a rhetorical question, but in case not; spreadsheets, front and back end web dev (ASP/SQL), vintage bmx, ice cream, umm, thinks that's about it.

Not at all. I'm sure several of those could prompt an information business at a low level. Vintage BMX possibly, though I know nothing about it (and have no interest myself!).

The autoresponder is all about having an automated sales and marketing approach using information products. We have direct mail in our autoresponder too - via CFHDocMail.

Get people onto a mailing list by sharing information. Then sell them stuff. For a passive income, sell them information which you can produce once and then automate out.

 

[cc976a]

Not at all. I'm sure several of those could prompt an information business at a low level. Vintage BMX possibly, though I know nothing about it (and have no interest myself!).

The autoresponder is all about having an automated sales and marketing approach using information products. We have direct mail in our autoresponder too - via CFHDocMail.

Get people onto a mailing list by sharing information. Then sell them stuff. For a passive income, sell them information which you can produce once and then automate out.

Sorry - slightly off topic but I'm struggling getting past spam filters with auto responders (even though I'm not spamming)

Was trying MailChimp

Any suggestions?

Ta

 

[accelerator]

Sorry - slightly off topic but I'm struggling getting past spam filters with auto responders (even though I'm not spamming)

Was trying MailChimp

Any suggestions?

Ta

Do MailChimp themselves not provide any guidelines? I would imagine there are quite a few e-mail gurus out there who will have answered this question, although I've no time to locate them myself at the moment.

I do have a list of other mass e-mail providers though whose blogs might have info, PM me if you want the url.

 

[martin-s]

Any suggestions?

We use self-hosted Sendy.co (PHP) which sends via Amazon SES at a cost of $0.10/1000. Deliverability is good.

 

[humble pie]

I was being ironic..

Does that idea come with a time machine or do you have to pay extra?

 

[cc976a]

We use self-hosted Sendy.co (PHP) which sends via Amazon SES at a cost of $0.10/1000. Deliverability is good.

Thanks!

 

[Retired_Member42]

I was being ironic..

You're so firmly in the EMD camp I wasn't so sure! Google should have just bought searchengine.com and be done with it. Or perhaps Microsoft should have used operatingsystem.com instead? Or maybe Pepsi should brand on carbonatedsoftdrink.com

There isn't one size fits all when it comes to choosing the right domain for your brand is the point I'm making. Generics have their place, but it's a limited place and that place is getting smaller by the day.

* Too busy to respond in your other thread.

 

[philiporchard]

You're so firmly in the EMD camp I wasn't so sure! Google should have just bought searchengine.com and be done with it. Or perhaps Microsoft should have used operatingsystem.com instead? Or maybe Pepsi should brand on carbonatedsoftdrink.com

There isn't one size fits all when it comes to choosing the right domain for your brand is the point I'm making. Generics have their place, but it's a limited place and that place is getting smaller by the day.

* Too busy to respond in your other thread.

I sit very firmly in the EMD camp.

I'll never get my head around people that talk down EMD domains. You've obviously not had any success in building a business on the back of an EMD.

Instant credibility.

There are very successful businesses who have fantastic success on the back of a great EMD. Yes, an EMD isn't a business in itself, but a great EMD can become the brand.

 

[Retired_Member42]

What would Yahoo, Apple and Coca Cola et al use

That's obvious Sean - .org.uk

 

[Retired_Member42]

You've obviously not had any success in building a business on the back of an EMD.

That's not entirely accurate. There was a time when it made sense to build out EMD's. Fortunately I'm experienced enough to know that these days, for a business with an offline presence, it's stupid to use an EMD - and online, the negatives by far outweigh the positives when it comes to online promotion.

But alas, I've said it all before. If you can take an EMD in todays climate and make a true success of it, hats off to you. But you only have to look through the forum with people struggling to get 5% of what they once could for even their best EMD's, it's a dying if not already dead business model.

 

[BeachLife]

I sit very firmly in the EMD camp.

Instant credibility.

Phil, I think your businesses are different to the average lights.co.uk type. I don't think anyone argues that geos work well on emd. As for your education business, it is an acronym that I assume is well known within the industry, and not really used outside of it (perhaps a pasta dish ). It is a niche though, and not used widely. That's not to say it isn't a great, profitable business, but I don't think it is generally representative of the wider use of emds.

The credibility thing is hard to argue, but there are other ways to gain credibility.

1. EMD's still rank if used properly and will still give you an advantage in the serps.

In a niche, non-competitive market maybe. In a competitive market no, it will count against you, too much anchor text relating to the service/product offered instead of the brand.

2. An EMD is still far more memorable then any other domain.

To a domainer, yes. To the other 99.999% of the population no. Marketing and branding types have been shouting this since way before the internet, and continue to do so today.

3. A short EMD will bring you in a lot of direct (type-in) traffic. Yes it still happens..

Do you mean random type ins, or people who have heard of your brand going direct to your website? Random type ins stopped pretty much as Google became established, over a decade ago. Otherwise, all you need is a memorable word or words, see the answer to 2.

 

[Retired_Member42]

So judging by your comment you would think that myloan.co.uk would be a better investment then loans.co.uk or yourcarinsurance.co.uk would be better then carinsurance.co.uk? Don't think so!

1. EMD's still rank if used properly and will still give you an advantage in the serps.

2. An EMD is still far more memorable then any other domain.

2.5. Imagine being the sponsor of Manu, and people will see your brand on TV every week.. What would they remember? Mynonemdloan.co.uk or Loans.co.uk?

3. A short EMD will bring you in a lot of direct (type-in) traffic. Yes it still happens..

Imagine starting a business selling loans on Loans.co.uk which (in)directly is your brand, no other domain would be as good as it is.. All this crap about EMD's.. Come one, you must have been reading too many bs blogs such as Moz and SEW..

No, that's not what I am saying at all. MyLoan.co.uk is an awful domain. I am saying that Wonga, Peachy, Sunny, QuickQuid are better "brands" than PaydayLoans.co.uk - but PaydayLoans.co.uk is a better "domain" and if I ran a company looking to offer payday loans then I'd look to build a brand name like the major players and take advantage of the positives that come with that rather than the negatives that come with trying to promote PaydayLoans.co.uk.

EMD's do still rank but they don't rank any better than any other domain. They lose a lot of the metrics which are important to ranking on the brand factor and in terms of natural links it's a minefield calling naming your brand as a keyword as you'd trip the filters so easily even if you didn't intend to.

An EMD is not more memorable than any other domain. I think Wonga.com and PaydayLoans.co.uk are equally memorable but one has a huge branding advantage over the other.

No idea on the type ins. I'm sure some huge terms do still get type ins but as I keep saying, the negatives outweigh the positives. I'd sacrifice my 100 type ins a month to be able to satisfy the brand metric factors of Google and gain the higher / less risky link building threshold in a heartbeat.

 

[Retired_Member42]

In a niche, non-competitive market maybe. In a competitive market no, it will count against you, too much anchor text relating to the service/product offered instead of the brand.

Spot on. You lose the ability to build links for your "brand" and get your "brand" out there as you trip the filters by having too many "keyword" links or mentions - even if you really didn't intend to. In terms of old school keyword anchors, you could get away with a hell of a lot more keyword anchors to a branded domain than you could to keyword.co.uk and given owning keyword.co.uk doesn't get you much benefit SEO wise, surely you'd want to maximise your efforts on the link front. Couple that with basic brand recognition and Google being unable to differentiate between people searching for "your brand" or the "keyword" and you're effectively hitting a brick wall SEO wise.

 

[expertc]

EMDs are still good for eMarketing work. Not to put your business on it (imagine 3-4 words hyphened longtail domain!), but if you stick a review or tech site on it, get some content and link to your main site (different IP) - it works well.

Bing and Yahoo are still good for EMDs and Google ranks them as well. Few days ago I was doing some analytical work for a client, 50% of main competitors were on (ugly!) EMDs. Branding is expensive and time consuming. The most simple 'Marketing engine RCR' (Recognition-Conversion-Retention) often stalls on it's first 'R'.

 

[accelerator]

Hi Guys

Does anyone have any more suggestions for effective passive income techniques?

 

[scottmccloud]

Why are you researching them?