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13 Passive Income Ideas For Artists to Make More in 2023


13 Passive Income Ideas For Artists to Make More in 2023

For many artists, making a steady income can be a challenge. Artistic pursuits often come with unpredictable earnings, making it difficult to maintain financial stability. However, with 13 passive income ideas for artists, you can increase your revenue in the coming year. Keep reading to find out more.


Sell your art on merchandise.


You can sell your art on merchandise, and Zazzle and Redbubble will take care of the printing, marketing, and shipping. All you need to do is upload your artwork and select from a wide range of products, including mugs, t-shirts, phone cases, and notebooks.


You'll have full control over what you sell on these platforms — so if you want to focus on selling prints rather than paintings or drawings, then go ahead!


Sell your art on prints.


Print-on-demand services like Printful allow you to create products for sale, including postcards and posters, without having to worry about inventory or shipping costs. You can then sell them on Etsy or Storeenvy if you have an account with either of these platforms. You can also sell your artwork directly through your own website (if you have one) at local craft fairs, art festivals, and galleries.


Rent out a room.


Renting out a room is an excellent way to generate passive income. You can choose to rent out an extra bedroom or even the entire house. It's especially useful if you want to avoid dealing with the hassle of moving and doing renovations. Still, it can also be lucrative if done properly.

  • First things first: find a tenant. Check your local classified ads and Craigslist for other people actively seeking roommates, then email or phone to let them know about your vacancy and ask for their details (name, age, occupation). Once you get approval from both parties on setting up a meeting time at your place, go through this checklist:

  • Make sure that there are no pets allowed in the building where you live before accepting any applications.


Rent out your driveway to strangers.


Renting out your driveway to strangers is a great way to make passive income, but it's not the only one. You can rent out any space in your home or apartment that you don't use frequently or at all. For example, if you have an extra room in your house, consider renting it out on Airbnb as an extension of your rental property business.


If that sounds too much work for you (and it will be), consider renting out unused parking spaces on websites like Parking Panda and Just Park. These sites allow users to find and book parking spots at lots across North America with the click of a button—and earn money doing so!


While these are both very easy ways for artists looking for ways to create passive income without having to do much work outside of advertising themselves as potential renters/parkers, there are downsides: people who don't know how long they'll need their spot may cancel last-minute; meanwhile, those who do know when they're going out of town might need more than one night's worth of parking space which can be costly if you charge by the hour (as most do).


Invest in real estate.

  • Invest in real estate.

  • Invest in stocks.

  • Invest in bonds.

  • Invest in mutual funds.

  • Invest in a business (the capital needs to be raised).

  • Real estate syndication deal (you can invest in a deal with an established syndicator, who will find the properties and manage the property management).

  • Real Estate Investment Trusts (REITs) -- these are essentially companies that buy up and manage large portfolios of real estate for investors such as yourself, and you get paid based on how well those properties perform financially over time.


Start a blog and monetize it with ads and affiliate marketing.

Start a blog and monetize it with ads and affiliate marketing.

Blogging is another great way to make passive income. You can either sell ad space on your blog, link to products you like, and earn a commission from the company. If you're a photographer, this is a great option for selling prints of your work because people are so much more likely to buy something when they see it in person than just through photos online.


Make videos online and share them with the world.


If you are a creator of any kind and have an audience, you should be making videos. YouTube is the second-largest search engine in the world, and it's owned by Google! It has over 1 billion users and is one of the most visited websites on the planet. Why wouldn't you want to make money with your content?


Find an online side hustle you love and start making money while you sleep.

  • Find an online side hustle you love and start making money while you sleep.

  • What is a side hustle?

A side hustle is anything you do on the side to make extra money or pay the bills. It can be short-term or long-term, part-time or full-time, but it's always something other than your main source of income.

  • Why finding a side hustle that you love matters:

While every job has its pros and cons, if there are too many cons to outweigh the pros, then it won't be sustainable in the long run. You need to find something that fits your personality so well that even when things get tough (and they will), you still want to keep going!

How do I find a side hustle? Like many other things in life — like jobs and relationships — this process takes some trial and error until something clicks for both parties involved (you and your potential clients). One way would be through social media ads targeting people who have an interest in what services/products are offered through these platforms (Facebook Ads), which could cost anywhere between $0-$100 depending on how much reach within their audience demographic goal(s). But there are also more organic ways, such as posting flyers at local businesses promoting yourself as someone who does custom artwork work similar to what was previously mentioned above, word-of-mouth referrals from friends/family members, etcetera...


Become a partner in a business that doesn't require your daily involvement.


If you want to make more passive income, but don't want the hassle of running a business yourself, consider becoming a partner in an established business. Look for a company that can use your expertise and knowledge. For example, if you are skilled at graphic design and have created branded materials for clients before, look into partnering with a printing company that might benefit from having someone like you on board.


If the idea of being tied into one company seems like it could be more appealing to you, consider looking into venture capital firms or angel investors; these types of partnerships give artists more freedom in their endeavors as well as access to their networks. You won't be tied down by any commitments or contracts, either! In fact, there is little time commitment involved because most VC firms and angels invest after seeing just one fundraising presentation made by entrepreneurs/artists looking for funding (although some do require multiple meetings before making any investments).


Once again, this is not something that requires full-time involvement from either party, which makes it easy enough for anyone who wants extra money but doesn't want


Create an online course and sell it over and over again to make money while you sleep.

  • Create an online course.

  • It can be simple and in-depth content, too. If you're a musician, create a course on how to play piano or guitar. If you're a fashion designer, create a sewing course for beginners. The more specific your topic and the more targeted it is at your audience of people who want this kind of help, the better!

  • Sell it on one of these platforms: Udemy or Teachable (Udemy is much better). These platforms make it easy to sell your courses online and take care of payments for you so that all you have to do is create the course and upload it! They also offer up tools that can help show off what's inside each module—like videos or PDFs—so customers know exactly what they're paying for without even having taken a look yet themselves!


Make money with your skills by teaching others how to do them online.


money

One of the best ways to make money as an artist is to teach others how to do what you do. That's because so many people want to learn but need more time or money for formal education. If you're good at something, chances are there are people who want to learn it and are willing to pay for that privilege.


There are plenty of sites where artists can teach online: YouTube, Udemy, Skillshare, and Teachable, among others. Or, if you prefer a higher-end platform with more flexibility in your course structure and delivery options (including video), check out Vimeo or Lynda.com (owned by LinkedIn). For more advanced skills training on digital design tools like Photoshop or Illustrator, then Pluralsight may be right up your alley. And finally, if you need more than teaching for you, consider CreativeLive or Pluralsight, which offer both courses from experts and live events where instructors present their work directly into the classroom!


Use your creative skills to design logos for other businesses or create artwork for them on Etsy or Fiverr for passive income.


Logo design is a popular passive income idea because logos are used in many places, including on websites and business cards. When you design a logo for someone, you're designing something that will be seen by thousands of people. That's why it's important that your logo is eye-catching and conveys the message of the client's business to its target audience. You can also customize your logo designs to suit each client's needs.


For example, suppose you're designing a logo for an animal rescue organization. In that case, your design may include elements such as paw prints or other images related to animals (such as flowers or trees). On the other hand, if you're creating a logo for an accounting firm specializing in tax preparation services, your design might include dollar signs or numbers instead of paw prints.


There are more ways than ever for artists to earn passive income today!


There are more ways than ever for artists to earn passive income today!

  • Wix: This website is so easy to use; it's a great option if you want to sell your art online. It offers a variety of templates that make it super quick and easy to set up your shop. All you have to do is choose which template best fits your style and upload your artwork. You can even customize the fonts and colors of each page! If you need more time or know-how for this, Wix also has an amazing customer service team that will help walk you through every step of creating a successful online store.

  • YouTube: For those who prefer video over images, YouTube could be the perfect space for them (and everyone else). You probably already know how much people love watching videos on this platform—but did you know there are actually people who earn their living from making videos? These are called "YouTube celebrities," and many of them make hundreds of thousands of dollars each year from their channels alone! If making money from posting cat videos sounds like something up your alley…well, then go nuts!

  • Vimeo: Another popular video-sharing site where artists can post their work is Vimeo. Just like with YouTube, though, there will always be some risks involved when working in such a public forum, but if handled correctly, then these platforms should offer opportunities galore both now and years down the road as technology progresses even further towards becoming more immersive than ever before -- especially when combined with virtual reality headsets such as Oculus Rift or HTC Vive which allow us access into other worlds while still being able (at least theoretically) aware that they're not real."

Wix


Wix is a website-building platform that allows you to create beautiful websites for free. You can adjust the look and feel of your site, change its color scheme, and add images or videos from Wix's library. Or, if you have a design in mind that isn't available on Wix's template library, you can upload your own images and fonts to create it.


Wix also makes money by selling ads on their users' sites—and when you sign up for the service through this link (which is how I am getting paid), I'll get a commission!

There are two ways artists can make more with Wix: They can set up their own store where they sell their artwork and other products like clothing or prints on T-shirts, or they can use the built-in eCommerce tool called Shopify to sell products directly from their site without needing any extra software. This second option only works for businesses, though; individual artists won't be able to do it unless they want some kind of business license or something like that... which is why I recommend going with one of these other options instead."


YouTube

youtube

YouTube is a great platform for artists to make money. The video streaming service has a huge audience, and you can monetize your videos in many different ways. YouTube is also a great way to build your brand and audience, which will help you make more passive income in the long run. It's an excellent way to showcase your talents as well!


Vimeo


Vimeo is an online video platform that lets artists upload their original content and make money from it. It's easy to get started, and plenty of tools exist for editing, uploading, and sharing your videos. Vimeo has been around since 2004 and has grown into one of the most popular platforms for independent filmmakers.


It's also a great way to sell your videos online without dealing with any middlemen or intermediaries who charge hefty fees on each sale you make using their services. Vimeo is free to use, so you have nothing to lose by trying it out!


Gumroad


Gumroad is a great platform for selling digital products. You can sell your art, music, ebooks, and other items on the platform. It's easy to set up, and you have complete control over what products you want to sell and how much they cost. Another thing I like about Gumroad is that it allows you to use its built-in payment processor or link it to your existing Stripe account (this also applies if you want a subscription). This means that because there are no fees involved in setting up an account at Gumroad, sellers can actually make more money with less effort by avoiding having to set up their own payment systems.


For example: in one instance, I was able to increase my earnings by $500 per month simply by adding my bank account details to my profile so customers could pay directly from their accounts instead of having me handle any transfers back into mine!


Patreon


Patreon is a platform that allows artists to earn money from their fans. Artists set up a Patreon page, which is then linked to an account on the site, and fans can choose how much they want to pay each month. The artist will then create exclusive content for the fans who are paying more than $5 per month, with rewards based on how much they pledge. It's a great way for artists to get paid by their most loyal supporters without selling anything physical or doing anything themselves (other than creating art).


Patreon has been around since 2013, but it's only recently been utilized by creative professionals who have already made it big in other ways—like YouTubers and podcasters who have millions of subscribers and want more control over their content than YouTube offers them. But there are plenty of benefits for lesser-known artists as well:


Skillshare


Skillshare is an online learning platform where you can teach and learn from experts. If you're a skilled artist with expertise in some facet of the art world, this might be a good place to teach others about your craft. The site offers everything from photography to animation classes for people looking to expand their knowledge base or even learn something new.

As an instructor on Skillshare, you set your own price per class (some instructors charge $40-$60 per class), but that's not all—you also keep 100% of the profits generated by those students who sign up for your class through Skillshare's platform. So if someone pays $40 to take your course, they would be paying directly through Skillshare, but then you get paid by Skillshare at the end of each month based upon how many students have signed up for each respective course since it launched (minus any refunds).


The downside is that there is a membership fee associated with being an instructor on Skillshare: it costs between $5-$10 per month depending on what plan you choose; however, there are no fees associated with signing up as a student or taking any specific class within those categories unless otherwise noted by its creator prior.


Ko-Fi


Ko-Fi is a platform that allows people to make donations in exchange for content. You can use Ko-Fi to support your favorite artists and other people who are creating something you love and appreciate.


This is a great way for artists to earn money while they sleep. For example, if you have a blog and post new articles daily, someone could pay $1 per article if they really enjoy it. This means that even though your total earnings may be small each month (or even week), the consistency of these donations will add up over time.


Squarespace


Squarespace is an easy-to-use website builder that helps you create a beautiful website, blog, or online store. It's a great option for artists who want to build a portfolio site and show off their work but want to avoid being bogged down with technical details like coding or web hosting. With Squarespace, you can add text, photos, and video and audio files. You can even host private galleries where your clients can view the works in progress before they're finalized.


Building a Squarespace site requires some knowledge of HTML coding (the language used for writing web pages); most of the time, it's fairly straightforward because there are templates available that have everything laid out for you in an easy way.


Etsy


Etsy is the perfect platform to sell your art and craft supplies. You can also use Etsy as a place to sell your photography.

  • Etsy is an online marketplace where people worldwide come together to buy and sell handmade goods.

  • There's no need for ads or paid marketing, so you'll only have to focus on making great products!

  • You can also build a community of followers who will be interested in following your shop as it grows!


Shutterstock

Shutterstock

Shutterstock is a stock photo website that allows you to sell your photos and illustrations. Many different plans are available, but the most popular is the Standard plan. The good news is that this plan has no subscription fees! You get paid for all photos sold through Shutterstock and then receive 50% of your net revenue from each sale (after commission).

A free trial is also available if you want to see how it works before committing to anything permanent.


DeviantArt (more so illustrators than photographers)


DeviantArt is a great resource for illustrators and graphic designers who can make money by selling artwork, apparel, and even products. The website also offers the chance to join an art team where you work with other artists to create a product that you all sell together.

The site has a very active community of artists, so you'll have plenty of people who are interested in buying what you're selling!


iStockPhoto(more so illustrators than photographers)


If you're passionate about photography and want to turn your talent into a source of income, iStockPhoto is the perfect platform for you. This site is widely popular among photographers who are looking to sell their stunning visuals and make a name for themselves in the industry.


Storeenvy (great for artists/illustrators who want to sell multiple products) Photoshelter (awesome for photographers who want to sell prints and/or stock)


Storeenvy is a great option for artists/illustrators who want to sell multiple products, including prints, t-shirts, and mugs. Photoshelter is an awesome option for photographers who want to sell prints and/or stock. Storeenvy has a built-in audience of over 200k people that are actively looking for unique items from independent creators like yourself. In contrast to other platforms which require you to promote your work through social media or email marketing campaigns, this platform allows you to be instantly discovered by buyers worldwide!


13 Passive Income Ideas For Artists to Make More in 2023

  • Advertise your products and services on Instagram. This can be done through direct links or hashtags or by posting a hashtag-based image that links back to the product/service. If you're using a third-party company for this service (and it's worth the cost), consider using one of those options to track clicks and conversions from your IG posts.

  • Host webinars where you offer tips, advice, and guidance on artistry or general entrepreneurship topics. Participants will need to purchase tickets for these events if they want to access them, but it's an excellent way for people who are interested in what you have to say but might need to learn how best to begin learning about them (or getting started).

  • Create an e-course around whatever it is that inspires or motivates others like yourself...

Conclusion


This article has given you some ideas for making passive income as an artist. It's not easy, but it's not impossible either. Just remember that these are just ideas, and there are many more out there! If you're interested in learning more about making money with your creativity, check out our list of resources below, where we share everything from books on passive income to online courses on selling art online.

In conclusion: 13 Passive Income Ideas For Artists to Make More in 2023

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