LEARN THE DIFFERENT WAYS TO MAKE PASSIVE INCOME FROM YOUR ECOMMERCE PORTAL

Description :  Now days, the e-commerce fever is so high and strong that many leading online businesses don’t feel the need to construct a physical store. These companies are merely online and are selling products services solely through their eCommerce portal. If you know what is selling in the market, the next step would be to develop your own website by a web designer. This website should strategically reflect all the products services that you want to sell. In this article, you will learn more about the eCommerce website and how you can earn via such portals.

It is not true, if you think that eCommerce store has only one income source i.e., when your products services are sold. Actually, eCommerce has got multiple ways of generating income. These sources of generating income can give you extra cash even at times when your newly established products services are not making enough money for you. Some of the alternative earning methods that can be used on your eCommerce portal are explained below:

1.      Advertising Revenues

The concept of revenue through advertising works very well with almost any type of website including online shopping portal. The unique visitors that your website is producing can be easily converted into revenues. This can be done by getting an approval for your eCommerce portal on the advertising networks such as Google Ad Sense, Chitika, and Infolinks. If approved, these advertising networks allow webmasters to display advertisements on online portals as well as share revenues with the publishers. After this, you can place various ads on suitable positions on your ecommerce website and eventually you will earn decent passive income from them.

2.      Affiliate Offers

The changing trend is that several vendors are looking for reliable affiliate partners to get their products sold online. Some of the affiliate networks that you can join include JVzoo, ClickBank, Amazon and many more. You can add some affiliate products on your eCommerce website and these products will help you generate revenue once your site has started creating organic visits redirected from the search engines. Simultaneously, also do some SEO and marketing work in order to get your portal a decent ranking on the search engines.

3.      Banned Spaces

One of the most popular ways of generating revenue through online portal is by renting spaces on your websites to others. These spaces are called banner spaces and can generate plenty of passive income only if your website has a good online reputation. Some of the media websites might help you find possible leads so as to rent out the banner spaces on your website. Always remember one fact that rules banner spaces, “the more visit you get, the more money you make.”

4.      Email Marketing

In the beginning of your portal, you can simply give away some of the useful items to your customers to make your store popular. This can be done by installing an attractive form on your website that guides your guests on how the freebie can be helpful. This will help you get numerous emails from your prospective customers. In addition, the targeted and high-converting email lists can be used to market your products/services or even the affiliate partners' products.

Till the time your ecommerce portal is ranked one of the top most stores online, you can make use of these revenue generating sources and can make passive income in abundance from the store. This is how a well-established online store can make you six figure earnings round each year. However, it might take years to get the No. 1 position on the search engines.