Today we are excited to hear from Jussi Hyvarinen with his 7 Proven Steps to Passive Income. Jussi is an online business and digital marketing expert from Finland with over 25 years of industry experience. He has written an eBook, and was generous enough to share a preview with us today!
Choose a Niche:
A niche is a market segment for a particular kind of product or service. Choosing the right niche for you is the most fundamental decision in your affiliate marketing business.
Pick a product to promote:
The second step is to choose a product that you will promote. A perfect product is high quality and has a high demand and high earning potential.
Set up a system:
The third step is to set up a system – usually, a sales funnel that makes you passive income 24/7 on autopilot.
The fourth step is to choose a traffic source. Consistent traffic is the lifeblood of your business – you need the traffic to your offer to make money.
You need to consistently create valuable content for your audience to entice more people to see your offer. It will depend on the platform how often you need to publish new content.
Build an email list:
An email list is one of your most important business assets. You should start collecting leads to build up your subscriber list as soon as possible
Scale your business:
Once you have the passive income wheel operational and make consistent income, it is time to scale your business to the next level. You can do this, e.g. by growing your team or with paid ads.