Introduction to Shopify and Passive Recurring Income
Making a living as a blogger is a dream shared by many – and it’s easy to see why it has such appeal. As a full time blogger, you can make a full time living writing about any subject in the word, which will normally mean you’re writing about something you love and find fascinating.
At the same time, blogging means you can potentially earn a living from anywhere in the world. You could be earning money while sitting on a sunny beach, or while travelling the globe!
Then there’s the fact that bloggers get to enjoy a semblance of fame. In their niche/industry, bloggers will be well recognized and will have fans and followers who hang off of their every word – that’s a great feeling.
Let’s not forget that blogging can make you a nice amount of money!
So you’re earning a lot of money, you’re not having to worry about a boss and you’re doing all that from wherever you want in the world. You’re writing a subject you love and you’ll have a roster of fans around the globe who hang off of your every word.
So is this the perfect business model?
Not quite. Unfortunately, monetizing a traditional website or blog can be tricky. After all, you’re giving away the main bulk of everything you create completely for free! The whole idea of a blog is that you’re adding content where anyone can find it and so why would anyone need to pay you?
This means you then need to either sell a product from your site and use your content to promote that product, or you need to use advertising and rely on lots of people visiting your site and clicking your ads.
Can this work? Sure! There are plenty of people on the web who make millions from these kinds of business models.
But unfortunately, it’s also a lot of work and very unstable.
Getting your number of unique daily hits to the point where you can make a solid income from a regular website or blog is going to be tough for starters. This will take a considerable amount of SEO, social media marketing and most important of all – luck.
And then, at any moment, everything you’ve built for yourself could come crashing down. It only takes for Google to change its algorithm, for Facebook to change its policies or for your competition to release a better product and your income can be effectively cut off at source overnight.
The life of a blogger or a website owner then is a rather difficult one without any stable form of income and with no guarantee that money will be coming in from one month to the next.
Getting a home loan can be an absolute nightmare!
And this is where Shopify comes in. Shopify and recurring passive income.
Welcome to the best-kept secret in internet marketing. Membership sites are the way to monetize your efforts online and as you’ll see – they can solve all of the problems that we just described.
What is Passive Recurring Income?
In this book, we’re going to look at some of the different ways you can earn money from your site using Shopify. You’ll do this by creating a membership site but also by selling subscriptions to other things – things like email courses and discount memberships.
And all these methods are going to allow you to set up what’s known as ‘passive recurring income’. What does this mean though?
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