There are many ways that a person can choose to generate passive income for themselves. Some choose to invest cash that they already have and earn dividends on their investments. There are those that choose to earn off ad revenue that they have on sites and blogs that they run. One of the most popular ways to make money in this way is with affiliate marketing.
Affiliate marketing is kind of like being a commissioned sales person for a company. You can choose some elses product and promote it. For every sale that you generate, you earn a commission off of it. Once you have your system in place for this earning method, it is fairly easy to repeat the success that you have and generate passive income.
You can choose to do affiliate marketing with solid products. This would be like choosing a top of the line coffee maker. You would then write about this great product on your blog dedicated to coffee. By placing an affiliate link in the post so that your readers can go purchase the coffee maker that you are talking about, you have setup your promotion. When a reader clicks through and makes a purchase, you make money.
Another way of doing affiliate marketing is with digital products. These would be items that once purchased; your customer can easily download. Ebooks and online courses are common items that are promoted in this way. The idea of promotion is much the same as with the coffee maker example above. The end result is just as easy. More cash in your pocket.
The route that you choose to make money with is up to you. Both of these options have their reasons to love them and their reasons for you to choose the other option. Another thing to keep in mind is that there are many people successfully making money with both.
If you are look to build passive income for yourself, you need to add affiliate marketing to the ways in which you earn. There are so many opportunities out there to make money with this method that it would be like leaving money on the table if you do not start in on this today.