30 Passive Income Ideas You Can Use to Build Real Wealth

Affiliate Marketing

#17 Affiliate Marketing

Affiliate marketing works best when you already have an established presence online and a decent following.

What you do is recommend products to your followers and make a commission on each sale that comes from your site.

Typically, you see people telling you to use their promo code to get 15% off your next purchase of whatever product they’re trying to sell to you.

When you hear this, chances are these people are making an affiliate commission off of that purchase.

The biggest downside to this is that some people perceive it as scammy. Of course, if you recommend a terrible product to people just to make a commission, it can hurt your reputation.

But this is an easy fix if you only recommend products that you can vouch for. People are more likely to purchase from you if you only recommend products that you use yourself.

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