I’ve written about passive income before and do a few of the things on my lists. BUT this year I have decided to make more of an active effort to increase my income passively. And that’s probably key you need to put the work in to get the reward.
I signed up for this years ago as a way to add banners onto this website until I sold the advertising spaces. However I am constantly checking the Amazon Bestseller Rank for Crafting a Successful Small Business and I normally tweet/share via the on page facility. *Lightbulb moment* I suddenly thought maybe I should share via my affiliate link. This is what I did a few times over December. My commission went from £0 to £0.40 (commission on the kindle book sales of 99p is 5p – not massive but for a link I’m already sharing workable). Since the 1st January I have been sharing the kindle link every day via twitter and twice on Facebook (both my business and personal page) so not a huge amount not intrusive or annoyingly sales like to my audience. I also didn’t take into account that once on Amazon via my link any sales made not just on my book would earn commission. Would appear especially kindle readers are buying a couple of books at a time today (5th January) the commission count is up to £0.85 OK so not even a £1 yet BUT this is still super small scale.
Next steps : –
- I have been changing all the links on this site referring to Crafting a Successful Small Business to my Amazon link.
- Also redirect the link on my email signature to Amazon
- Add an Amazon widget to the side bar
- Tweet once a day the link to Crafting a successful Small Business daily using relevant # (#craftingpb #smallbiz #startup #craftblogclub #dorsethour #kindle) and to save time schedule them in using twuffer.
I will report back at the end of the month if these small steps (which will take about an hour to put into place) “pay” off – excuse the pun!
In the meantime sign up to Amazon and maybe add a few affiliate links to your site/tweet some products you like.