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5 Types of Online Products To Make a Passive Income

by Veronica Pullen | Oct 18, 2022 | Alignment, Business, Business Tip, Content, Content Creation, Facebook Marketing, Flow, Manifestation, Marketing, Mile Deep Marketing, Mindset, Organic Facebook marketing, Overwhelm, Planning, Posting Online, Product Creation, Social Media | 0 comments

5 Types of products to create passive income

When I was in debt and trying to avoid Bankruptcy, I used to worry how on earth I could increase the amount of income I was making on top of my full-time job.

At one point, I took an evening job doing data input at Lloyds Registrars, working from 6pm to 10pm 3 nights a week inputting shares data into their system.

I’d leave home at 6.30am to catch the bus to work for 8am, work until 4, microwave a spag bol for dinner and back out to work again.

That lasted about three weeks before I was too exhausted to continue.

Pretty good going tbf. I only managed 2 DAYS working in a hair salon! LOL!

If your revenue is generated through in-person work, you have the same issue I had.

You can’t sell more hours than there are in a day, even if you have the energy to work more than you do now.

Fortunately, you have a better option.

Leveraged online offers.

In an ideal world, you will have at least three tiers of leveraged offers:

Low-cost (less than £/$30) digital product bundle or course

Mid-range (£/$99+) program/course teaching your ideal buyer how to DIY the bigger solution you deliver.

Premium (at least £/$500) group program where they are personally supported to achieve the result quicker or better.

I also recommend to my clients that one or more of their tiers has some form of recurring revenue (e.g., a payment plan or subscription) so they can end the curse of starting every month at £0 revenue.

If increasing your income without having to work extra hours is on your agenda, I’ll be sharing more content on this topic.

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Veronica Pullen

Veronica Pullen

The Mile-Deep Marketing Queen at Apples to Oranges Ltd
Veronica Pullen, AKA The MIle-Deep Marketing Queen helps coaches, trainers, consultants, mentors, experts, speakers, and therapists to attract your ideal, like-minded clients from your 'Mile-Deep' Facebook marketing, networking, group challenges, and ads.
Veronica Pullen

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Latest posts by Veronica Pullen (see all)

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