Passive Income Ideas For Application Support Analysts [2024]
Interested in earning passive income as a application support analyst in 2024?
We put together a few of the best passive income ideas you can start as a application support analyst today. These will help you increase your quality of life by bringing in more income for yourself or your business.
For each income idea, we’ll show you real-world examples, revenue expectations for each idea, plus some things you might need to know before you start your passive income journey as a application support analyst.
Here's the full list:
1. Make passive income with an email marketing tool ($235K/month)
As an Application Support Analyst, you could leverage your technical skills to create and manage an email marketing tool, offering a powerful way to supplement your income. Given your familiarity with software applications and problem-solving abilities, developing a program that helps businesses and individuals manage and automate their email campaigns could be a natural fit. By tapping into the booming email marketing industry, you could attract entrepreneurs, startups, and other professionals looking to improve their marketing efforts.
Additionally, starting an email marketing tool allows you to generate passive income with minimal ongoing effort once the tool is up and running. You could benefit from subscription models or usage fees, creating a steady revenue stream. This venture can be as straightforward as buying a domain and hosting account, but offers vast potential for growth and profitability.
How much you can make: $120 — $2,083,333/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 170 days (?)
H-supertools founder Hasan developed a set of free SEO and digital marketing tools generating $2k per month in profit using Google Adsense, affiliate marketing, selling ad spaces, and email, plans to launch a membership option, and has attained over 80k registered users and 300k monthly visits in less than two years.
2. Make passive income with an ai based business solution ($55.8K/month)
As an Application Support Analyst, you already have a strong foundation in managing and optimizing software applications. Starting an AI-based business solution could be a natural extension of your skill set. By integrating AI into business operations, you could help companies enhance efficiency, reduce costs, and make smarter, data-driven decisions.
AI can automate repetitive tasks, provide valuable customer insights, and even predict market trends, which means businesses could benefit immensely from such innovations. You don't need a deep tech background to get started; many AI platform providers offer user-friendly interfaces and robust support systems to help you along the way.
The market for AI solutions is expanding rapidly. This growing demand means that with the right planning and implementation, you could capitalize on a lucrative opportunity to boost business performance through cutting-edge technology. This venture not only aligns with your current expertise but also allows you to innovate and stay ahead in your field.
How much you can make: $4,000 — $120,000/month
How long does it take to build: 125 days (?)
Mikkelsen Twins grew an online education company from scratch with over 800 students, making over 6-figures in profit every month thanks to their successful program, Audiobook Income Academy 2.0.
3. Make passive income with a lead generation tool ($108K/month)
As an application support analyst, you already possess strong problem-solving skills and technical expertise, which are crucial for developing a lead generation tool. This business idea involves creating software that helps other businesses identify and capture potential customer leads, automating the tedious process of finding new clients. Your background in providing technical support means you could easily understand and adapt to the needs of different businesses, making your lead generation tool versatile and user-friendly.
Moreover, integrating with websites, social media, and other digital platforms is something within your reach. You could set up your tool to collect valuable data such as email addresses, phone numbers, and interests, providing businesses with critical insights to boost their marketing strategies. Given the high demand for efficient lead generation solutions, venturing into this field could be a lucrative side hustle, allowing you to leverage your existing skills while creating a steady stream of passive income.
How much you can make: $1,000 — $400,000/month
How much does it cost to start: $600 (?)
How long does it take to build: 90 days (?)
Dux-Soup is a LinkedIn automation tool that helps business owners and sales & marketing professionals generate more leads, increase efficiency, and save time; with over 70,000 users and revenue of nearly $5 million, it offers automated top-of-the-funnel LinkedIn outreach activities, targeted LinkedIn campaigns and multi-touch & personalized LinkedIn drip campaigns for lead generation.
4. Make passive income with a mobile app ($70.3K/month)
As an application support analyst, you have a unique insight into software performance and user needs, which could be invaluable in developing a mobile app. Your everyday work already involves understanding how applications function and how to troubleshoot issues, which is crucial knowledge for planning and testing a new app. With some basic coding skills or collaboration with a developer, you could transform a solid idea into a user-friendly mobile application.
Developing a mobile app allows you to leverage your experience by creating a product that meets real-world demands. Whether it's a productivity tool, a management app for businesses, or even a game, the possibilities are wide-ranging. The essential steps will involve planning out the user experience, creating appealing designs, and thoroughly testing the app to ensure it runs smoothly. If you market it effectively, your app might reach a wide audience and generate passive income over time.
How much you can make: $1 — $500,000/month
How long does it take to build: 180 days (?)
BACH, an app that plans and books bachelorette parties, has grown from $0 to >$1M net revenue run rate in less than 6 months, gained over 100,000 users in their first 60 days, and has over 40,000 parties using the app this month.
5. Make passive income with a wordpress plugin business ($33.4K/month)
As an Application Support Analyst, you have a solid understanding of software and resolving technical issues, which could be a strong foundation for starting a WordPress plugin business. WordPress websites rely on plugins for various functionalities, and if you've identified a common problem or a need for a specific feature, you could create a plugin to address it. By leveraging your technical skills, you could develop plugins that offer real solutions.
You could then sell these plugins on online platforms like CodeCanyon, your personal blog, or even a dedicated website. This would allow you to earn a passive income by providing continuous value to WordPress users. The initial effort to develop the plugin could result in ongoing sales, making this a practical and rewarding side hustle.
How much you can make: $120 — $120,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 120 days (?)
Time commitment per week: Min. 5 hours/week
Wheely Sales CEO Josh created a lucky wheel popup that has grown revenue from $0 to $600/month in just 4 months since getting started and has attracted over 1.1 million users to his customers’ websites, all while proving that when it comes to creating a product, competition is validation.
6. Make passive income with a social media automation business ($148K/month)
As an application support analyst, starting a social media automation business could be a natural extension of your technical skills and problem-solving expertise. You could develop or integrate software tools that help automate social media activities like scheduling posts, engaging with followers, and analyzing performance metrics. These tools could save time for small businesses and influencers who need to maintain a consistent online presence but lack the resources to do so manually.
Given your background in troubleshooting and system maintenance, you would be well-equipped to handle the technical challenges that come with creating and managing these automation tools. This venture could offer substantial passive income potential as you charge clients for the ongoing use of your software and services, creating a revenue stream that requires minimal hands-on management once set up. Plus, the demand for efficient and effective social media engagement tools is only growing, providing a fertile ground for your entrepreneurial endeavors.
How much you can make: $4,000 — $400,000/month
How long does it take to build: 50 days (?)
MeetEdgar, a bootstrapped social media automation tool founded in 2014 by Laura Roeder, has grown to $4 million in annual recurring revenue and more than 5,000 customers, with a team size of two dozen, achieved through content marketing, social media marketing, and organic search.
7. Make passive income with a niche blog ($31.5K/month)
As an application support analyst, you could start a niche blog to share your deep knowledge and experiences within the tech industry. By creating unique and informative content, like how-to guides on troubleshooting common software issues or commentary on the latest trends in application support tools, you could attract a dedicated audience who values your expertise.
This blog could become a passive income stream by incorporating affiliate links to software products, collaborating with tech brands, and potentially growing a YouTube channel to share video tutorials. Over time, by regularly engaging with your followers and delivering valuable content, you could build a community that not only benefits from your insights but also helps supplement your income.
How much you can make: $100 — $650,000/month
How much does it cost to start: $650 (?)
How long does it take to build: 60 days (?)
Starter Story grew to 1.4 million monthly visitors and millions in annual revenue by sharing the stories of entrepreneurs. Pat breaks down the early days and how he grew the business into something that changed his life.
8. Make passive income with a niche website ($107K/month)
As an application support analyst, you could create a niche website that shares your expertise in solving common software issues, offering tips, and reviewing tools that enhance productivity. By focusing on a specialized topic you know well, you could attract a loyal audience who value your unique insights. This can provide you with creative freedom while potentially generating additional income.
You could monetize the site through affiliate marketing by recommending tools and software that your audience would find useful. Ad placements and selling digital products like eBooks or courses could also become viable revenue streams. With consistent effort in content creation and SEO, your niche website could evolve into a reliable source of passive income.
How much you can make: $400 — $250,000/month
How long does it take to build: 60 days (?)
DPW (Digital Procurement World) is a fast-growing conference and community in procurement that has more than tripled in revenue since launching in 2019, capping out the year at €1.8 million, with 95% of their growth coming from inbound traffic leveraging LinkedIn and applying social selling techniques.
9. Make passive income with an online course sales business ($85K/month)
As an application support analyst, you likely have a deep understanding of various software tools, troubleshooting techniques, and system configurations. You could turn this expertise into a profitable online course, helping others learn the ropes of application support. By creating a course on a platform like Udemy or Coursera, you could teach skills ranging from basic troubleshooting to advanced system monitoring, reaching a global audience.
The beauty of an online course is that you only need to create the content once, and it can generate income for months or even years. With the e-learning market growing rapidly, you have a significant opportunity to earn passive income by sharing your knowledge and experience. All you need is to choose a target audience, develop your course, and list it on an online learning platform.
How much you can make: $100 — $300,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 180 days (?)
A multipreneur shares how she built a successful print on demand side hustle, generating $120,000 per year through multiple brands spread over various platforms.
10. Make passive income with an AI writing tool ($255K/month)
As an Application Support Analyst, you could explore creating an AI writing tool to supplement your income and potentially build a passive revenue stream. By leveraging your existing technical skills and knowledge, you could develop a tool that automates and enhances content creation for businesses, bloggers, and students. This tool could help them generate accurate and engaging content quickly, leading to saved time and reduced errors.
Given the growing need for continuous, high-quality content in today's digital world, your AI writing tool could fill a substantial market demand. Imagine providing valuable support to writers globally, making their jobs easier and more efficient. With your background in application support, you are well-positioned to address technical challenges and ensure a smooth user experience, making this entrepreneurial venture both feasible and rewarding.
How much you can make: $4,000 — $1,000,000/month
How long does it take to build: 52 days (?)
Rytr, a new AI writing assistant developed by a startup platform and business incubator, has become a market leader, serving over 300,000 customers across the world and doing seven figures in ARR.
11. Make passive income with a YouTube channel ($72.1K/month)
Starting a YouTube channel could be an excellent way for you, as an application support analyst, to generate passive income. Given your skills and knowledge, you could create tutorial videos, troubleshooting guides, or explainer content about the tools and software you work with daily. These types of videos can attract a wide audience of both beginners and seasoned professionals looking for reliable information and solutions.
Additionally, you could vlog about your experiences, share insights into the industry, or even review various applications and technologies. Over time, ad revenue, sponsorships, and possibly merchandise can start to bring in extra income. While it does require an initial time investment in planning, filming, and editing, the potential financial rewards make it a worthwhile endeavor for those dedicated to consistency and quality.
How much you can make: $2,000 — $333,333/month
How much does it cost to start: $5,250 (?)
How long does it take to build: 30 days (?)
This case study follows the journey of a young entrepreneur from Nigeria who started a profitable blog generating a monthly revenue of $1,500+ through sales of advertising space, sponsored posts, and information products, and shares his strategies for success including a Twitter growth challenge and guest post pitches.
12. Make passive income with an affiliate marketing business ($77.5K/month)
As an application support analyst, you could leverage your technical expertise and industry knowledge to start an affiliate marketing business as a side hustle. Since you already have an understanding of software tools and tech trends, you could promote software, tech gadgets, or services that you genuinely believe in and use yourself. This way, you can earn passive income by receiving a commission for each sale generated through your affiliate links.
To get started, you could research and choose products or services that align with your professional interests and are relevant to your audience. For instance, you might become an affiliate marketer for a popular eCommerce store or partner with tech manufacturers to market their products. This side hustle not only supplements your income but also allows you to work on something related to your field, making the process more enjoyable and credible.
How much you can make: $500 — $773,000/month
How much does it cost to start: $700 (?)
How long does it take to build: 60 days (?)
This case study explores how Spencer Mecham founded Buildapreneur, an affiliate marketing business, and has made over half a million dollars in profit with no employees, relying solely on content marketing through platforms like Facebook, YouTube, and TikTok.
13. Make passive income with a podcast ($97.9K/month)
As an application support analyst, starting a podcast could be a rewarding way to supplement your income. You could create content around tech support themes, troubleshooting tips, or even discuss the latest trends and technologies in the field. There’s always a need for insight from experienced professionals, and your unique perspective could attract a dedicated audience.
To start, pick a topic you're passionate about and knowledgeable in, such as effective problem-solving strategies or career advice for aspiring support analysts. With some basic recording equipment like a microphone and headphones, and an affordable hosting platform, you could get started on a budget. Over time, as your audience grows, you might attract sponsors or advertisers, providing a steady stream of passive income.
Promote your episodes through social media, online tech forums, and word of mouth to build a community around your podcast. This not only helps in generating income but also enhances your professional reputation, opening doors to more career opportunities.
How much you can make: $400 — $1,020,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 2 hours/week
A successful podcast production company that grew from one client making $15/hour to a team of 10 contractors producing over 30 shows per week with revenue of over $10k/mo, primarily through referrals and with a focus on providing high personal touch and being picky about working only with clients who are a good fit.
14. Make passive income with an online survey tool ($304K/month)
As an application support analyst, you have a keen eye for detail and an aptitude for troubleshooting complex systems. Using these skills, you could develop an online survey tool that helps businesses gather valuable customer feedback. Your technical expertise would allow you to create a user-friendly, reliable tool that businesses can trust for comprehensive data collection and analysis.
By offering a survey builder, data collection, and reporting system, you could cater to the growing demand for online surveys. This side venture could supplement your income and potentially grow into a significant source of passive revenue. Given the increasing reliance on customer feedback for business decisions, this opportunity allows you to leverage your skills in a meaningful and profitable way.
With examples like Typeform generating $70 million in annual recurring revenue, there's proven potential in this market. It could be a rewarding project to explore, especially since your current skill set aligns well with what's needed to succeed.
How much you can make: $40 — $1,600,000/month
How long does it take to build: 180 days (?)
GreenRope, a self-funded CRM and marketing automation platform with over 1,000 customers in 20 countries, was built organically and focused on creating a positive, customer-centric culture without outside investment, with an all-in-one interface solving challenges in managing sales, marketing, customer service, and operations.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
