In the digital world, there are many ways you can earn money - from creating
apps and providing technical services which are all web-based. And because
of the internet's accessibility and fluidity, many opportunities for passive
income were created in support of active businesses. To begin with, you can
put a website which can serve as your base for income-earning.
Now, that you understand the benefits, let’s see what you can do online to
derive passive income from digital products and services.
Generating Income from Digital-Based Business
For a start, you may take advantage of free websites hosting services where
you can create various contents and earn from affiliates. But if you want to
own content on your site, it's best to buy your own domain where you can
start earning. Here are other things you can do with your website.
Selling books, online courses, online guides, software, games, videos,
and other digital products
Sell services like video and photography, event organizing and
coordination, freelance writing, website designing and installation,
software creation, design, and programming, and many more
Making book and product reviews and referrals
Dropshipping activities
Selling and creating digital content
And many more!