Passive income is a great way to make more money from home in 2023. You can build up your passive income without breaking the bank by using the best free tools to help you with marketing, video editing, and email marketing, among other business functions.
I’ve grown my passive income substantially in just a few years by using a few free powerful tools. In this Blog, I’ll show you the best free tools to enhance passive income. You can use these tools to grow your business and earn more from home.
All of these tools are completely free and easy to use. However, you may subscribe for a fee if you want advanced features. Here are the best tools in 2023;
Content Creation Tools
Content creation tools will help you create content for your business. You can use these tools to create videos, blog posts, and other forms of content that help build your business. These are some of the best free tools available to help you with this process:
Are you struggling with writing compelling blog posts, copywriting, product descriptions, or Instagram captions for your business? Copy ai has got you covered. It has all these features to elevate your game.
You can create content with this free tool and experience its magic without spending a dime. But the Pro-plan offers even greater value if you’re hungry for more content. Start here for free.
Writesonic offers powerful writing features designed to enhance your creativity and productivity. With the AI Writer, you can generate content ideas and create well-structured articles in minutes.
But that’s not all! Writesonic goes beyond just writing. With AI-driven editing tools – Paraphraser, Expander, and Shortener – you can perfectly polish your content by Creating SEO-optimized and plagiarism-free content that captivates your audience and drives results.
You can start with Writesonic for free. No credit card is required; the free trial offers 10,000 free words upon signing up. Plus, you can enjoy 2,500 free words every month, giving you ample opportunities to explore the full potential of this powerful writing tool. Get started with Writesonic!
Creating high-ranking content that Google loves can be challenging. But with Neuron Writer, it’s easier than ever. The advanced content editor uses semantic models (NLP), Google SERP analysis, and competition data to optimize your website content and help you create content that resonates with users and ranks well in search results.
If you want a tool to take your content to the next level, I recommend you try Neuron Writer for free.
With Rytr, you can automatically generate high-quality content for over 40 use cases, making your writing tasks a breeze. Whether you need catchy blog ideas and outlines, Want to pitch your business ideas clearly and engagingly, or need creative and original advertisement copies for social media, Rytr’s AI copywriting software can do it all.
Rytr offers a free plan with 10,000 characters per month, so you can start writing at almost no cost. As you scale, you can easily upgrade to other premium plans for unlimited usage, giving you the flexibility you need. Get started!
Webinar and Virtual Meeting Platforms
If you’re unfamiliar with webinars, they’re a great way to connect with your audience and generate leads. They can be done live or recorded for later viewing.
Webinars are more than just an online presence; they’re also powerful tools for building relationships and generating revenue through sales.
Start earning passive income with these free webinar tools and get financial freedom.
Livestorm is the ultimate video engagement platform for virtual meetings and webinars. Say goodbye to meeting fatigue, dull webinars, and complex workflows.
With Livestorm, you can build engaging events in minutes and wow your audience. Whether it’s product demos, live events, company communication, online courses, employee onboarding, or customer training, Livestorm has all the features to make every webinar engaging.
Register for free and get a live demo to see how Livestorm can help you achieve better engagement and real results.
Email marketing is one of the most effective ways to generate leads and sales. It’s also one of the easiest ways to get started with online marketing.
If you’re not familiar with email marketing, it’s a process where businesses send out newsletters or promotional offers via email. Each email contains a link allowing recipients to visit a website, sign up for more information, or purchase products and services immediately.
Here are free tools to set up an email marketing campaign when running that passive business;
GetResponse offers tools tailored and scaled to your business for better results across the entire customer journey, including transactional emails and dedicated support.
What sets GetResponse apart is its personalized approach. No matter who you are, GetResponse has tools and features to match your needs, whether it’s email marketing, website building, paid ads, marketing automation, website tracking, or live and on-demand webinars.
In addition, you can start for free with no credit card required, and your privacy is protected.
With MailerLite, you can create engaging and dynamic emails in minutes using the intuitive drag & drop email editor. The automation features allow you to automatically send perfectly-timed and targeted emails, ensuring your messages reach the right people at the right time. You can also track your results and monitor performance to identify what works best for your business.
In addition to email marketing, MailerLite lets you build stunning websites with sign-up forms to grow your audience. You can even offer paid newsletter subscriptions with recurring payments, making monetizing your content hustle free.
With the free 30-day trial of premium features, you can experience the full power of MailerLite without any financial commitment.
Moosend offers a modern and user-friendly platform that makes email marketing and automation a breeze.
The drag & drop newsletter editor makes creating personalized content for every subscriber easy, and the fully customizable templates allow you to build relationships that lead to conversions.
You can use the free 30-day trial to launch that online business and start a passive income stream.
Gist simplifies your workflow by bringing all your communication with leads and customers into one place. With Gist, your team can rally around a single app for day-to-day work, eliminating the constant switching between email marketing, social, and chat apps.
Gist offers a seamless handoff between Marketing, Sales & Services, resulting in a more delightful customer experience.
Best of all, Gist offers a Free Forever plan with almost all the paid plans’ features. Upgrade options are also available for additional functionality.
With AWeber, you can easily grow your email list with ready-made, eye-catching landing pages, sign-up forms for your website, and seamless integration with other tools to automate list growth.
You can also set up your online store in minutes, accept payments in 100+ currencies, and create customers for life with personalized emails and loyalty-building campaigns.
Get started for free today and experience the power of AWeber’s all-in-one platform for growing, selling, and engaging with your audience. Sign up now.
Benchmark is the quickest way to grow your business with robust email marketing powered by AI tools, marketing automation, and landing pages.
With Benchmark, you can confidently reach your audience and attract new customers, knowing that the AI tools do the heavy lifting for you. Turn your ideas into original email copy in just a click with Smart Content, and achieve maximum deliverability with Smart Sending.
Benchmark offers powerful email automation features that keep your communication relevant and timely, helping you convert more subscribers into loyal customers with tailored outreach.
Best of all, you can get started with Benchmark for free, forever, with no credit card required. Join today.
Video editing and Transcription
When Starting a passive income business, or any business for that matter, video is an important part of your marketing strategy. Creating videos can help you build trust with your audience and show them what they get when they sign up with your brand.
Transcription is also important for the same reasons. It helps you create a written version of your video, which can be shared on social media and used as additional content for your audience.
Get started with this free tool:
Video creation has never been easier with Pictory. With Pictory, you can automatically create short, highly-sharable branded videos from your long-form content in just minutes. Whether you have Zoom, Teams, or webinar recordings, Pictory’s advanced Artificial Intelligence (AI) extracts the ‘golden nuggets’ hidden deep within your content, making it perfect for sharing across your social media platforms.
Never miss a production deadline again, as Pictory helps you transform blog posts into engaging videos on auto-pilot, boosting your search engine rankings and increasing your readership.
Pictory also makes adding captions to your videos easy, increasing your reach, as 85% of social media videos are watched on mute.
Lastly, you can get all these features for free with no credit card required to launch that business.
Nova A.I. is a cutting-edge online video editing software that empowers you to create stellar videos easily. Whether you want to cut, trim, collide clips, add subtitles, or translate. Nova A.I. has got you covered.
Moreover, Nova A.I. offers flexible pricing options, including a free trial, making it easy to start without commitment.
Ecommerce platforms are a great way to build your passive income. They allow you to sell products on the internet simply, without dealing with complicated programming or development.
Ecommerce platforms also give you access to many potential customers, which can help you build your business quickly. Ecommerce platforms are especially useful for those with good ideas who don’t know how to implement them.
Some free ecommerce platforms include:
Shopify is a global commerce platform that empowers entrepreneurs to build businesses and sell online, offline, and in between. With millions of merchants worldwide, Shopify is the go-to choice for businesses of all sizes, from startups to enterprises. Whether you’re just starting or looking to grow your digital brand, Shopify has the tools and resources to succeed.
With Shopify, you can easily build an online store that reflects your unique vision with a drag-and-drop store creator that requires no coding expertise.
Choose from customizable templates created by world-class designers in the Theme Store, and add more features and functionality to your store with apps from the Shopify App Store, built by trusted developers.
Sign up for a free trial, no credit card required, and discover why millions of entrepreneurs have chosen Shopify as their trusted ecommerce platform.
Ecwid empowers you to sell anything, anywhere, to anyone with ease. With a centralized platform, you can manage your inventory, orders, and pricing in one place, giving you full control over your online store.
Sell everywhere with Ecwid. Expand your reach online and in person by selling on various social media platforms like Facebook, Instagram, and TikTok, online marketplaces like Amazon, eBay, Walmart, and Google Shopping, and even in your physical store with Point-of-Sale integration.
Getting started is easy with the free trial. No coding, developers, or designers are required.
Sign up now and start building your dream store.
Podcast hosting and editing
Podcast hosting and editing is another passive income stream you can use to make money from your podcast. Some hosts will pay you for the right to host your show on their platform, while others will allow you to host it yourself.
If you’re interested in hosting your show, looking for podcasting tools to help you edit the audio files and publish them on a website is a good idea. These tools typically cost money but are worth it if you want full control over your podcast.
Some great free podcasting tools are also available for podcasters. Some of these include:
Podcastle offers powerful tools to help you create high-quality audio and video content in a web-based platform. With studio-quality recording, AI-powered editing, and seamless exporting, Podcastle is your go-to platform for all your podcasting needs.
But that’s not all! Podcastle also offers cutting-edge features like Text to Speech, where you can turn any text into various lifelike human voices using voice skins.
The magic Dust feature uses AI-powered noise cancellation to make your audio sound flawless. The Revoice feature allows you to create a digital copy of your voice, generating audio by typing.
Podcastle has a pricing plan that suits every need. With the Basic plan, you can get started for free.
With Buzzsprout, podcast hosting should be accessible to everyone. This user-friendly platform makes creating and publishing episodes simple, even if you’re new to podcasting.
The free plan offers a range of features to help you kickstart your podcast, including 2 hours of monthly uploads, advanced stats to track your podcast’s performance, and unlimited team members for seamless collaboration.
Descript is a simple, powerful, and fun way to make videos and podcasts. Whether you’re a content creator, marketer, or part of a team, Descript is the all-in-one tool for your entire workflow, from writing, recording, transcribing, editing, collaborating, and sharing.
Experience the new way to make videos and podcasts with Descript. Get started for free and see how Descript can revolutionize your content creation process.
With over 600,000 podcasters trusting Podbean for their hosting needs, you can easily create and publish your podcast.
Podbean makes it easy to stream live and produce podcasts using the podcast phone recording app, saving any moment with professional-quality recordings. Then publish your content in one ultra-simple platform designed to help you grow your audience quickly and easily.
Monetize easily using Podbean’s various monetization tools, including Ads Marketplace and dynamic ad insertion technology.
Get started now and set yourself up for podcasting success.
In conclusion, leveraging free tools can be a powerful strategy to enhance your passive income streams. From content creation and social media management to SEO optimization, email marketing, and affiliate marketing, numerous free tools can help you optimize your efforts and maximize your passive income potential.
Utilizing these tools effectively saves time, streamlines your processes, and generates more passive income with minimal upfront costs.
Remember that while these tools are free, some may offer premium features or require payment for advanced functionalities.