Thursday, October 22, 2009

How to Build a Residual Income using Affiliate Marketing

What is Residual Income?

Residual income means getting paid over and over again for one time work, also known as Recurring income.Residual income is a phenomenal idea once you learn to make the
most for your benefit.One of the most poplular and best way to create Recurring income is to choose the path f Affiliate marketing.

Let us look at Four powerful ways to build recurring income and build financial future using the beautiful concet of Affiliate Marketing.

1. Two tier affiliate programs. As the name suggests 2 Tier Affiliate programmes not only compensate you for sales that you make but also pays you a commission on sales made by affiliates that you personally enroll.

One of the best way to create residual income from Affiliate Marketing is to recruit
affiliates and earn money on every sale they make. Best part is even if you stop promoting the programme you can still make commission every month on the sales made by your affiliates.

2. One of the most efficient way is to build multiple websites with different programmes so that you can make commissions every month on autopilot. There are some Affiliate Marketers who make millions of dollars each year on websites that they don't even maintain it any more, because the web sites with affiliate programmes attract quality traffic, and make commissions for them through sales done by affiliate , because of the arduous work they've done in former years.

One best way to do this is to get into affiliate programmes promoting in multiple niches. This way you will be able to make money online promoting numerous different varieties of products.

3. One way is to look for affiliate programme which promotes membership plans.

For ex. Online Mentorship programmes bill members on a recurring basis which will help to earn money on a regular basis.As an affiliate you will be able to earn money every time one of these rebilling occurs. Over a period of time this will add up to an enormous monthly recurring income on sales that you made previously.

Another option to consider is to promote and sell products people use on a regular basis that too on a recurring basis.

Ex. Website hosting is a beneficial product to sell as an affiliate because people need to host their site over a period of time Sometimes it can be years and years.

4. One of the option you may want to consider is to Create your own products and offer it as an affiliate programme so that they can promote and sell them for you.

For instance you can write an ebook and sell it with the ClickBank.com. Each month you can make money on your ebooks as you work towards creating new products.

The above Four Ways will help you to build Residual income of your own using Affiliate Marketing.Initially when you start it does take lot of effort however once you build and grow your online business it will reward you in many ways. so It is worth investing your time to take first step in Affiliate Marketing and build Residual Income.

For more information please visit Internetbiz4all

1 comment:

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