To build Passive income streams requires a lot of hard work, consistency, and upfront investment in the beginning. But after some time, once these passive income streams build and maintain themselves, they will become a steady source of revenue for you forever.
According to my personal experience, these passive income streams can help you achieve financial independence goals and increase your income tremendously.
There are a lot of new and old passive income ideas, and strategies can generate a fixed source of income for you and your family.
Here are some of the best income ideas mentioned below:
Selling products on your app
You can build your own and starts selling products and services through it. You can also sell your app on the app store. However, any digital products did not require practical overheads and sold automatically if they are high-quality products and are according to the need of your targeted audience. You can also sell your own app on the App store.
Showing ads in the games
One of the best passive income streams in these years is showing ads in the games. By doing this, you can earn a huge amount in dollars. The users will click the ads to earn some reward or to earn lives etc., instead of purchasing from the play store.
Many people want to become an Instagram influencer, getting millions of followers and converting the audience's attention towards your product, service, or content. Businesses and companies mostly complain that it is very hard to gain followers and likes.
Sometimes Instagram influencers and businesses use a dirty way to increase their followers that are buying Instagram followers. There are many companies that offer you the service of buying Instagram followers and likes.
It can get pricey fast, and you don’t always get the return you want
Whenever you go for buying high-quality Instagram followers, the cost would be high. A few thousand high-quality followers will be needed to create a good impact on your brand, and it will be expensive for sure. It is not necessary that you will get a good rate of return on this investment. So, always go for reputed vendors for buying the followers.
Buying fake followers can damage your reputation
If you buy real and high-quality buyers, then it will help you to boost your brand reputation and credibility. But purchases fake followers and the scam will destroy your brand reputation. Be aware of scam companies who sell fake followers, which leads you deadly results.
Buying followers do not create engagement by itself
Purchasing followers could not provide you value in the long run. The followers you buy are not interested in your business; they do not like comments or share your posts later, which means you have no engagement with people. Without any comments, likes and shares, your content will not be displayed on any explore pages and on your audience newsfeed.
Many companies and brands are using easy ways when it comes to their social marketing campaigns. Instead of earning a large number of real followers by using proper strategies, they are instead paying individuals and companies to increase their Facebook followers.
Buying Facebook followers can be done in two different ways. A business might hire a company which will boost your Facebook followers instantly or a business paying directly to certain individuals for following their Facebook page. But both are immoral ways of increasing the fake following rather than real ones.
Do you think buying Facebook followers is a valid option for boosting your brand? Is it beneficial for your business in the long run?
Why you should not Fall for buying Facebook Followers
Buying Facebook followers can harm your business in a variety of ways; if you want to keep your business from any harm, you should not make the mistake of purchasing Facebook followers to grow your company online presence.
Below are the certain reasons mentioned why you should not buy Facebook followers:
Buying Facebook followers can hurt your EdgeRank
EdgeRank measures your generic engagement with people. That is how much people comment, like, or share your posts. If you are posting relevant and quality content, then more people will engage with your content, which eventually leads you to a good EdgeRank. While buying fake followers means you are getting people who are not willing and interested in seeing your posts in actual, so this will hurt your EdgeRank.
We use many leading apps in our daily life. We think that they are leading the market from the very first day of the internet market. But that's not true. They are not leading from the start. Behind their tremendous success stories, there lay the unyielding struggles of those apps and games. The following are some top-ranking apps holding their success stories with pride. Let's have a view without any further delay!
Snapchat:
This various filters-based camera app was developed by the wonderful founders Reggie Brown, Bobby Murphy and Evan Spiegel, who developed it as a high-school project. They named it peekaboo. Later on, their app reached the heights of glory and success. The secret ingredient of the app's success is uncompromised security, privacy, and speed. Today, the founders are proud of having the top-ranked app flashing on the list of successful apps around the world with a huge fan base.
Instagram:
The next in the queue is Instagram. It is a widely used social media app that dragged many people on the internet. This picture-sharing app was developed by Kevin Systrom and Mike Krieger. The app's founders achieved tremendous success and touched the heights of glory and fame in no time after the launch of the app in the market. The founders put the users' feedback into practice while improving the platform, and they succeeded in doing so when Instagram 100k users in just a week. More fame was added to the founders' life when the Facebook owner offered them $1 billion to buy the Instagram app. The founders confirmed the deal, and now, Instagram is a part of the Facebook world.
The Apple Developer Program lets you create your own iOS app and publish it on the App Store for iOS users. According to Apple's policies and guidelines, you will need to create your own developer account so that your App can be published for iOS users.One of the advantages of setting up a developer account is that you will have more control over your app development , and it will also boost the branding of your business on the App Store listing because your App subsists under your own developer account.
Get your organization's info together:
It will be convenient for you if you collect some information relating to your organization prior to getting started with the application process of your developer account.
An Apple device:
You will need two apple devices because two-factor authentication is required by Apple.
An Apple ID:
You have to create an Apple ID. You might have one already, but if you don't have one, you can do so here.
Your D-U-N-S (Dun & Bradstreet) number:
You must have your company D-U-N-S number because you will not be able to apply for developers' accounts without it.
If your company doesn't have this number, then you can sign up for the number. It takes probably two weeks to get a new number.
A legal entity status:
pple only gives developer accounts to the legal entities, which means you cannot use branch, a DBA or trade name for applying developers account.
When we start a business, we try to market it by using different sources, including circulars, pamphlets, etc. to get more people in our store to increase our sales. The more people come across our leaflets, the more traffic we will have at our store. But, there is a way through which you can multiply your sales. All of us would like to have higher traffic at our business outlets. We can do this by developing an app for our store. Seems interesting? Read till the end!
How to work with the app?
If you are running a departmental store and want to improve your monthly income, what you have to do is hire a developer that will develop a customized app for your store and publish it online. In this way, you can provide your services 24/7. People will download your app and make deals with you, buy your stock, and get whatever they want. Your own app will make you visible to more number of people via the internet, and you will be able to provide your services not only in the regular market but also in the internet market. Isn't it amazing!
Customers find retail apps addictive:
If you are planning to invest time and money in the retail app, you will be glad to know that the people on the internet find the retailer apps addictive. They visit retail apps for more than five times a week. If you happen to rank on Google or another search engine, you will also get more income monthly
We hear everyone talking about how easy it is to launch an app on Google play store. But it is not that easy as it seems. We are here to share with you all the hidden factors that cost money before and after your app launch. If you are planning to launch an app soon, this post is dedicated to guide you and help you. We hope that it will help you know about all the hidden charges of the apps before and after launch. Don’t miss a word, and keep on reading till the end.
Design:
The design of the app is the first thing that costs money. Before all the other app specifications, you will have to decide which user interface you want to have in your app. You can choose either from custom and stock. It will cost you approximately $70-120 per screen.
Prototyping cost:
If you do not have an idea to develop a huge app with so many features, interactions, and integrations, then it’s ok to go with your idea. But, on the flip card, if you want to develop a huge project, it would be best to develop a prototype first before going in in-depth development. Prototype designing is a comparatively costly task, and it will cost about $500, including mockup. And $1100 for prototyping with 5 fully designed screens.
Testing:
Before launching your app in the market, it is crucial to test it to track the defects and the deficiencies in the app and to check if it is working as it is intended to. The genuinely right app development will show up all the bugs in the beta version of the app. It cost approximately 10-20% of the entire project.
App development has many riddles that need to be solved from the beginning of app development to this date. Still, unfortunately, many developers are unable to find the answers to them. We are here to try to solve some of the factors of this puzzle so that we can get near to the solution. Without any further ado, let’s get started!
Difference between hybrid apps and native apps:
Hybrid apps are developed by using the basic web technologies in the development process. These web technologies include HTML5, JavaScript, and CSS, which are mixed with some of the native elements to make them independent of the platforms. These apps can operate on both Android devices as well as Mac devices.
On the flip card, native apps are developed specifically for a specific platform, and these apps can’t run on the platform other than that they are made for. For example, some Android apps in Java, and they can’t run on iOS devices, while the Apple apps are developed in Apple’s swift.
Why choose native app development?
- Certain factors urge us to choose native app development. Those factors are as follows:
- Native code is speedy than the HTML code so, pictorial applications, high definition games, animations work better as native apps.
- Native apps don’t have to face dependencies on the open-source platforms and libraries, including Cordova and Ionic.
- Native SDKs grant access to the device features with no complex native plug-ins.
Cons:
- Each platform needs individual development effort, and it increases the time of development.
- Separate release cycle and updates of each platform contribute to the time-consumption of development, and the cost is also affected by that.
- The single code base of every platform makes it much challenging to release a single feature on different platforms.
- Developers need to learn different skills to develop and maintain the same application on different platforms. This factor also affects the cost of development.
Everyone in the world wants to enjoy having lots and lots of money, but earning them lots of money is not really easy. You have to put all your skills into practice to make money. But imagine, sitting on the couch on the beach enjoying Pinacolada, treating your ears with the soothing sound of waves and increasing the amount of money in your bank account on an hourly basis. Now, everyone would be wondering, deep thoughts, popping up a question in their minds that how is that even possible. So, the answer is that it is possible by the passive income. Many of us exactly don’t know what I’m talking about, but you don’t have to worry, for we are going to tell you all about passive income, and investing on the app for having passive profits. If you want to quit the 9-5 job routine, read till the end, it is solely meant for you!
What is passive income?
The concept of passive income states that getting paid for a task even after the task is completed. Seems amazing? Yes, it is. Some of those passive income businesses include real estate investment, business investment, etc. these are some types of investments in which you don’t have to be present at the site all the time. You invest money in a good project and then enjoy the profit. Investing in mobile or computer applications is also one of the best sources of passive income. It is safe and secure to invest in the app to make passive income. When you launch the product in the market, people will buy it, and you will get the profit without working.
How passive income works?
The main question is how passive income works in the case of apps. There are some categories of apps that can prove to be passive income gaining apps.
Data collection apps:
In this type of app, the companies pay you for sharing your data with them for marketing purposes.
Cashback apps:
You get money discounts when you shop from the specified stores.
Search engine optimization is a critical part of ranking websites of different search media platforms like Google, Bing, and Edge. SEO is a set of rules that we have to follow if we want to rank our website on the first 3 pages of Google. One of those rules in off-page SEO. Off-page SEO is a process of optimizing your business's online and offline impression by using different content, connections, and links with others on the internet. Let's view some techniques for off-page SEO of your website so that your site can rank higher on the internet.
1. Creating sharable content:
Content carries preliminary importance on any website. If your website's content is organic and unique, your site is more likely to rank on Google's first three pages. Try to create more amazing and sharable content on your website, so that it can create natural backlinks for your website.
2. Influencer outreach:
There is nothing wrong with reaching out to the influencers in the field and telling them to link you back so that you can improve the traffic on your site. To provide you the backlinks, you have to create unique content and then contact the influencers in your industry.
3. Contribute ass guest author:
Many blogs in the internet world provide the facility of guest posting from different authors. You can also contribute as a guest author and get the links from them. Keep one thing in mind: the quality of links is much more important than the quantity of the links. Don't post for so many times on a single guest blog; instead, look for different guest blogs to get quality links.
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