Building a Passive Income Opportunity with the Amazon Affiliate Program

This week I have been busy cranking out some hubpages and building backlinks. Once you start pulling in a passive income online, backlink building is probably one of the most important things you can do to safeguard that residual income. Without good backlinks, your rankings in search engines will most likely slide over time as others pursue the same keywords that you are unless you have some really great links from high PR .edu domains.

Anyway, I've started to see my Adsense revenue from hubpages begin to even out and start growing - I don't have a tremendous number of hubs yet like some people, but the days when I am making absolutely zero on hubs seem to be just about gone. Nothing to quit the day job yet, but when you are creating something out of nothing but your own time and effort it is nice to see it start to pay off.

So this is just a little update as to what I am doing regarding my passive income opportunity business plan that I posted earlier. I haven't been able to get approval yet from EPN - and I hear similar tales of woe from others who have been trying for months to get approval, so I am attempting to learn to target Amazon affiliate sales better. I'm not convinced that hubpages is a good platform for Amazon affiliate sales, although I do have Amazon links on some of my hubs and a couple of hubs that target Amazon products specifically.

This week's keyword research dug up some really good, targeted product ideas that I am going to develop into niche websites using the iframes version of embedding an Amazon store into your site. Because these sites will be created from scratch, it may take several months to develop strong traffic to any of them. Following the methods that I have learned at The Keyword Academy, the plan for this week is to create a few of these sites and build them up. I haven't decided yet whether they will be monetized with adsense and Amazon, or simply with Amazon stores. I will have to test both as I've never done this before.

Building a Passive Income Opportunity: The Business Plan

So up until this point, I have never actually sat down and thought about, let alone constructed, a business plan for my online ventures. I'm getting serious at this point. I can see a lot of potential for making money online through adsense using either my own blogs or even following in the footsteps of the recent Hub Challenge. Today I am buckling down and getting more focused about creating my passive income opportunity. In that line, here is the tentative business plan that I have developed:

• Get more organized and focused and stay on task - I have a lot of problems staying on task and avoiding all the shinies online. If you are like most people, then you probably do too! Well, today I am buckling down and putting my nose to the grindstone. Its long past time to get serious, but here it is!

• Develop and diversify freelance writing opportunities for immediate cash flow - I left a job that paid well that I absolutely hated at probably one of the worst possible times. Yep, I goofed, but now I need to focus some on bringing in the immediate cash while building my passive income.

• Create and maintain a blogger blog related to making a passive income online - that would be this site! Obviously due to my financial situation at present, I will be building my passive income online through free to use sites at first and focusing mostly on adsense. I have created a few affiliate sites in the past and I'm just not sure I've found my niche yet as I'm not a good "hard" sell lol!

• Create a minimum of 200 hubpages across 2-3 accounts - if there was one thing that the hub challenge showed, it was that making a livable passive income on hubpages is absolutely within reach, but it does involve throwing as much shit up against the wall as possible to see what sticks! Last month I was slow and pulled in only a little over $10 from my hubs. This month I would like to increase that to the triple digits. I believe this is completely possible IF I maintain focus!

• Short term – fix Squidoo lenses to meet the coming policy changes - ugh, I am not looking forward to this and have been putting it off for a bit. My affiliate sales off of Squidoo have been low, but they are trickling in so I need to go through and make some changes.

• Limit reading of other peoples blogs (see first goal!) - Hello, my name is Temperance and I'm a blog-a-holic! And yet, all this reading of other people's blogs will NEVER help me create my passive income opportunity. Only doing something will!

• Get better at targeting amazon.com sales on hubpages after creating 200 hubs - Not going to face this just yet but I definitely would like to see how I could do better...er better being relative to ZERO. I laughed when I got an email from Amazon today saying something like "hmm, you've been with us for a month now and made no sales, need some help?" Duh - on the other hand I'm not really targeting Amazon sales on hub pages right now but the capsules add nice pictures of products which I do like!

• Increase my ability to quickly conduct better keyword research - until I started looking for paying keywords online, I thought my research abilities were bar none. Apparently I don't shop enough! I need to practice more of putting myself into the shoes of Joe and Sally consumer and thinking like they think when approaching keyword research.

• Reinvest back some profit into unique article wizard or something similar as well as dragon speech naturally to speed up article writing. Backlinks are probably the most important thing you need to develop to keep up a passive income online. UAW comes highly recommended by several folks so I will be giving it a try once the income level increases. The same with Dragon Speech - anything to speed up my article creation would be wonderful at this point.