Assalam o Alaikum friends! Welcome to this article. Today, I am sharing an amazing online earning idea. If you start working on it today, you can earn money even while sleeping for the rest of your life. The concept is simple: upload content from one platform to another, and every time it sells, you earn passive income. However, it’s not as easy as just picking any e-book and uploading it. The e-book must be valuable and beneficial for buyers who spend $5. Here, I will share a complete strategy to help you generate passive income on Gumroad.com.
Demonstration of Sales and Earnings
I have 25 sales on a $5 product, earning me $25. My dashboard shows $10 in balance, $15 in the past 7 days, and $25 as lifetime earnings. By applying this strategy, you can earn $400–$500 per month if your e-book sells consistently.
How to work on Gumroad?
Creating an Account on Gumroad
First, let’s discuss how to create an account. Search for Gumroad.com, enter your email and password, and click login. A fresh account will have no attached products or sales initially.
Finding Free E-Books
You can find e-books on websites like “Free PLR Download.” Search for valuable e-books, such as “How to Succeed in Affiliate Marketing.” Choose books relevant to your audience and ensure they provide real value. Download the e-book and prepare to upload it to Gumroad.com.
Uploading and Setting Up an E-Book
- Upload the e-book: Click on “New Product” on Gumroad.com and select the e-book option.
- Enter product details: Provide the e-book’s name and description. Use tools like ChatGPT to generate descriptions.
- Set the price: Typically, $5 works well for most e-books.
- Customize the cover image: Ensure the thumbnail image size is 600×600 pixels.
Publishing the E-Book
Once the details and images are ready, click on “Save and Continue.” In step 3, upload the e-book file and publish it. The book is now live on Gumroad.com.
Understanding Payout Options
Gumroad.com offers two payout options: PayPal and Stripe. While these services can be challenging to access in Pakistan, you can withdraw earnings through third-party services once you accumulate $400–$500.
Long-Term Earning Potential
Selling digital e-books on Gumroad.com can generate lifetime income. For example, I have earned $25 from just five sales, and this amount will grow over time.
Conclusion
If you found this article helpful and want to explore more strategies for online earning, follow this guide and start earning. Let me know your thoughts in the comments. Until the next article, Allah Hafiz!