Making Residual Incomes Streams Online
Business → Marketing & Advertising
- Author Kim Willis
- Published July 13, 2012
- Word count 547
Are you looking for a method to create any amount of residual income streams to ease the monetary strains in your life or to become even rich in the process? Fast affiliate marketing test. See how you score. Here are two real world affiliate internet marketing success techniques. Which is more profitable in long run?
It takes a hundred clicks to make a sale. Each sale pays a $100 one off commission. There's a 5% refund rate. If you pay $0.80 per click, how much money will you make per $100 investment?
It takes one hundred clicks to make a sale. Each sale pays a $100 and a once per month commission of $10. There's a 5% refund rate and the average monthly subscription lasts 4 months. If you pay $0.80 per click, what quantity of money will you make per $100 investment?
In the first internet marketing example it would cost $80 to make one sale. $100 - $80 = $20 less 5% refund rate equals $19 net profit. That's a very good 19% return on your advertising investment. In the second, same result for the opening sale - but the NET PROFIT is much , much more provoking thanks to the monthly residual income! Here you would get $19 for the up-front sale and an additional $40 over a period of time. That is $59 net profit for a 59% ROI.
Residual Income - The Difference that Makes a Difference
Pay very close attention to any Super Affiliate's promoting model and you'll quickly discover the one time they are going to offer an one-up product ( it pays only once for 1st sale ) is if they can somehow leverage that sale. For instance, they may offer a free report or special insider review and bonus if you make the purchase through their affiliate link... Where the LEVERAGE is in collecting the opt-in information. Because a targeted opt in list is usually worth $0.25 to $5.00 Every Month or even more to the list owner.
Or there perhaps an UPSELL later that has the potential to earn another commission. But what you'll see more frequently is they Focus on promoting products that not only pay an one-up commission but also pay a significant monthly residual commission. Put simply, if the affiliate marketing product doesn't have a continuity program behind it - most super affiliates will never touch it. Why should they? It can mean the most important difference between a 19% ROI and a 59% ROI.
Multiple Residual Income Streams is the Key to Wealth
The Nile is the longest river in the world. You can see it and its 2 main tributaries from outer space. It is that giant. What you can't see is the Nile is essentially fed by THOUSANDS of individual streams and tributaries. Thousands. A large amount of small streams merging to form one large, world-record breaking river.
Taking your internet marketing income to a higher level is usually a matter of creating your own Brook of income by creating multiple, minuscule streams of income. Start promoting services and products that pay a once per month residual income. And only those products. And then simply sit back and watch the wizardry happen. Because when you have residual income coming in - you never start the month at zero! Think about that.
You are never really starting over or beginning from zero and hoping beyond hope that you sell something this month.
Kim Willis has been making 6 figures from home since he started as an online marketer, in 2006. He now helps other people do the same. It starts with leads - generating plenty of them on a daily basis for your Residual Income Streams activities.
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