This post is all about passive income ideas for students.
Are you looking for passive income ideas as a student? There are so many passive income ideas to bring in some extra money. All of these ideas have helped me make passive income online and I wish I knew about these passive income ideas when I was a student in college!
Whether you’re looking for a way to pay the bills or just want some extra money for spending, these passive income ideas are great ways to help you get started with making money passively.
All you need to get started is a computer and internet connection. Most of these ideas allow you to get started with very little money.
Here are some of the best passive income ideas for students.
Sell physical products on Amazon FBA
If you don’t want to sell digital products, you can also sell physical products on Amazon. This business is called Amazon FBA (fulfilled by Amazon).
With Amazon FBA, you send your products to Amazon and they take care of the rest for you. This includes shipping, customer service, and even returns.
The great thing about selling physical products on Amazon is that you don’t have to worry about shipping or customer service. Amazon takes care of all of that for you.
First, create an account with Amazon and set up your seller account. Then, find a product that you want to sell and list it on Amazon.
To find a supplier to send products in bulk, you can use a wholesale marketplace website like Alibaba or Dhgate. You can also find product ideas on Amazon by using the Amazon Best Sellers list.
Once you start making sales, Amazon will take care of the rest for you.
Sell low content books with Amazon KDP
With Amazon KDP, you can self-publish your book and make it available for sale on the world’s largest online retailer for free. Best of all, you don’t need to worry about printing or shipping costs, as Amazon takes care of all of that for you.
What you do is create a book with little to no text or images. You can use tools like Tangent Templates or BookBolt that help you get started easily with low content books. You can get a 20% discount on your BookBolt subscription with code REN. They have templates that make creating low content books super easy.
Once you’ve created your book, all you need to do is upload it to Amazon KDP and set a price. Amazon will then take care of everything else for you.
This is a great passive income idea for students as it doesn’t take much time to set up. And once you’ve set your books up, Amazon does all the work for you.
First, create an account with Amazon KDP and follow their setup page with instructions.
Selling digital products on Etsy or your website
Another great passive income idea for students is to sell digital products. This could be anything from printables, templates, mockups and so much more.
Interested in selling digital products on Etsy? Get access to 100+ editable Canva templates you can resell with the Digital Product Toolkit.
The great thing about digital products is that they’re easy to create and you don’t have to worry about shipping or inventory costs.
You can sell your digital products on Etsy, your website, or even using social media.
First, create an account with Etsy or set up your website. Then, create your digital product and start promoting it.
You can use social media, SEO, or even paid ads to get the word out about your products.
Once you start making sales, you’ll be able to make passive income in your sleep.
Start a blog and monetize it
One way to make passive income as a student is to start a blog. This is a great way to make money as you can write about a niche you’re passionate about and earn multiple income sources from a blog.
One of the best things about starting a blog is that there are no limits to how much you can earn.
Want to learn how to get started with blogging but want to skip the overwhelm? Check out my favorite blogging course I personally recommend here.
To get started, sign up for a hosting account with Bluehost or Hostgator and create your blog using WordPress. Once your blog is set up, you can start writing articles and publishing them on your site.
HostGator allows you to get started with a super cheap plan.
Then, start writing content and promoting your blog using social media or SEO to reach your target audience. To drive traffic to your site, make sure to optimize your tags and titles for SEO so it helps Google rank your articles. My favorite tool for SEO research is Keysearch.
You can also share your posts on social media platforms like Pinterest.
Once you start getting a steady stream of traffic, you can monetize your blog with ads. You can sign up for ad networks like Google Adsense or Mediavine. These are programs that will place ads on your site and you earn money based on clicks or impressions.
You can also sell products or services on your blog using WooCommerce or Easy Digital Downloads. These are WordPress plugins that turns part of your blog into an online store.
Another way to monetize your blog is to write sponsored posts for brands. This is when a brand pays you to write a post about their product or service on your blog.
To find sponsorships, you can reach out to companies directly or use a platform like Tapinfluence or IZEA.
You can also use your blog to build an email list and sell products or courses. There are so many money-earning opportunities available with a blog.
Create a course and sell it online
If you’re an expert in a particular subject, you can create an online course and sell it. This is a great way to make passive income as you can create the course once and sell it over and over again.
This idea is best suited for those with a current audience, however, if you have something you want to help others with right now, why not create it?
Start by considering what you’re an expert in and establishing a course around that topic.
Once you have your course, you can create your course on course membership sites like Skillshare or Udemy. If you’d rather host your course on a course platform where you can have more ownership with your clients and additional features, sign up for course sites like Thinkific or Teachable and create your course there.
Once you have everything set up, start promoting your course to your target audience. You can use social media or email marketing to drive traffic to your course landing page.
If you create a course around a topic that’s popular, you could make thousands of dollars in passive income each month by helping others learn a skill you already have.
Create a print on demand store
Starting a print on demand store on a marketplace like Etsy or Amazon is a less expensive and riskier alternative to starting an ecommerce business. You work with a print on demand provider that prints and ships all of your items as soon as you get orders. There’s no need to buy in bulk or keep any inventory since you don’t pay for the item until someone places an order for it.
There are a variety of different products to sell from t-shirts, books, shoes, bags, wall art, phone cases, clocks, laptop skins, and mugs. Check out this blog post that walks you through how to start a print on demand store.
Sign up for an account with Etsy or Amazon and set up your seller account. Then you want to choose a print provider for your store. Check out this post that gives you the best print on demand providers that integrate with your Etsy or Shopify store.
First, you create designs and upload them to your store. Once you get an order, the print on demand supplier will take care of everything else for you including production, fulfillment, and shipping.
When uploading your listings, make sure to optimize your tags and titles for SEO so that it helps people find your products easily.
A print on demand business is a great way to make passive income as you can create designs once and sell them over and over again. Plus, you don’t have to worry about inventory or shipping. Your print on demand supplier will take care of all of that for you.
Affiliate marketing
If you’re not interested in creating your own products or courses, you can still make passive income by promoting other people’s products. This is called affiliate marketing.
To get started, find a product or course you’re interested in and sign up for their affiliate program.
You can join popular affiliate networks like Clickbank, Skimlinks, Amazon Associates, or ShareASale. Or, you can find individual affiliate programs for products from stores or courses you want to promote.
Affiliate networks give you access to thousands of merchants that you can apply to be an affiliate with.
Then, start promoting the product or course using your blog, social media, or email list. When someone makes a purchase using your affiliate link, you’ll earn a commission. And the great thing about this is that you can promote products or courses without having to create them yourself.
License your artwork
If you’re a creative, artist or photographer, you can make passive income by licensing or selling your photos, artwork, or any kind of digital asset. This is a great way to make money while doing something you love.
Sign up for an account with a stock photo site like Shutterstock, Depositphotos, or iStockPhoto and upload your art. There are also websites where you can sell your photos and artwork like Creative Market, Creative Fabrica, and Etsy, just to name a few.
Once you make a sale, you’ll earn a royalty or fixed amount for what you sell, depending on the platform.
This is a great way to make passive income as you can continue to sell your artwork over and over again.
Sell print on demand products
If you’re creative and like to design, you can sell your designs on print on demand platforms. This is a great way to make passive income as you can create designs and sell them repeatedly.
Many platforms allow you to create and sell your custom designs for free. The most popular ones are Merch By Amazon, Teespring, Society6, and Redbubble.
First, sign up for an account with a print on demand platform and start creating your designs. You won’t have to spend any money on ads if you optimize your tags and titles effectively with SEO. The platform will take care of all the marketing for you.
Create a dropshipping store
If you want to sell products online but don’t want to hold any inventory, starting a dropshipping store is one of the best ideas. This is a business model where you sell products that are shipped from the supplier and get shipped directly to the customer.
Dropshipping is a great way to make passive income because you don’t have to worry about inventory or shipping. Popular dropshipping sites you can use for dropshipping include Spocket, CJDropshipping, and Aliexpress.
First, sign up for an account with Shopify and create your store. Then, find a dropshipping supplier and add their products to your store. Once you make a sale, the supplier will ship the orders directly to your customers.
So if you’re a student looking for passive income ideas, these are just a few that you can get started with today.
Do you have any passive income ideas that you’ve tried in the past? Share them in the comments below!
This post was about passive income ideas for students.
