How To Create Passive Income Streams From Medium
Creating passive income streams is one of the best ways to make money. Passive income streams provide you with recurring income without the need to actively manage them or continually update them. This comes with several benefits, such as freeing up time in your life to pursue other activities, or simply reducing stress levels.
One great way to create passive income streams is through Medium, the popular platform used by writers and readers worldwide. Through Medium, you can build audiences, market products and services, and earn passive income without doing much work in the process.
In this guide, we’ll discuss the different ways in which you can create passive income streams from Medium.
1. Write and Publish Articles
The best way to create passive income from Medium is to write and publish articles. Once you’ve created a portfolio of articles and built a following, you can start to monetize your content.
The simplest way to do this is to become a medium-partner. As a partner, you will be eligible to earn ad revenue from your content and from the contributions from other readers. The more popular your content is, the more money you will make.
You can also place ads directly in your articles and link them to products or services. In most cases, these ads will be placed by the product or service owners and there will be an agreement in place so that you will get paid when readers click on the link.
2. Create an Online Course
Another great way to create a passive income stream with Medium is to create an online course. If you have expertise in a certain topic, you can create an online course and promote it through Medium.
When creating the course, you should include video lectures, PDFs, quizzes, and even live webinars in order to make it more appealing to potential students. You can then promote the course through your Medium articles, as well as through social media, email, and other channels.
Once you have students enrolled in the course, you can start to earn passive income. You can create one-time purchases, or charge a monthly or annual subscription fee. You can also link your courses to products or services that you are affiliated with in order to make additional income.
3. Become an Affiliate Marketer
Another great way to create a passive income stream from Medium is to become an affiliate marketer. As an affiliate marketer, you can promote products and services from other companies, and when someone purchases them, you will get a cut of the sale.
There are thousands of companies that offer affiliate programs, so you should be able to find one that fits well with the topics you are writing about. When promoting the product, you can link to it directly from your Medium articles, or you can create separate articles that focus solely on the product.
4. Create an App
If you have some technical know-how, you can also create an app and promote it through Medium. You can create apps that focus on topics related to the articles you are writing, or you can create an app that is completely unrelated.
Once the app is ready, you can promote it through your Medium articles, as well as on social media and other channels. When users download the app, you can earn passive income through in-app purchases, ads, or paid subscriptions.
By using the strategies outlined in this guide, you can create passive income streams from Medium. Whether you are writing articles, creating an online course, becoming an affiliate marketer, or creating an app, you can use Medium to significantly increase your income.
So what are you waiting for? Start creating your passive income streams today and start making money!