Setting Up Residual Incomes Streams
Are you looking out for a method to create any quantity of residual income streams to help ease the monetary strains in your life or to become even rich in the procedure?
Quick affiliate marketing test
See how you score. Here are 2 real world affiliate marketing success systems. Which is more rewarding in long run?
- It takes one hundred clicks to make a sale. Each sale pays a $100 one off commission. There is a five pc refund rate. If you pay $0.80 per click, how much money will you make per $100 investment?
- It takes a hundred clicks to make a sale. Each sale pays a $100 and a once a month commission of $10. There is a five percent refund rate and the average monthly subscription lasts 4 months. If you pay $0.80 per click, what amount of cash will you make per $100 investment?
O.K, in the 1st example it would cost $80 to make one sale. So you would make $20 minus the 5% refund rate thus ending up with an ROI of
$19. That is not a bad investment.
Now, in the second example you get the same result for the sale — $80, but your net profit is far more impressive due to that 4 months worth of residual income. You’d still get the $19 ROI on your 1st $100 investment, but here you make that extra $40 a 59% return on investment.
Residual Income Makes An Enormous Difference!
Pay 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 primary 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 info.
Because a focused opt in list is usually worth $0.25 to $5.00 Every Month or more to the list owner.
Or there perhaps an UPSELL later which has the capability to earn another commission.
But what you’ll notice more often is they Concentrate on promoting services that not only pay an one-up commission but also pay a serious monthly residual commission.
Put simply, if the affiliate promotion product does not have a continuity program behind it – most super affiliates will never touch it. Why should they? It can imply the greatest difference between a 19% ROI and a 59% ROI.
The Secret to Wealth is Multiple Streams of Residual Income
The famous Nile is the longest stream on this planet. If you look down from space you can see it and its two main tributaries quite obviously. Yes, it is that large.
What you do not see from outer space is all of the thousands of small streams and streams that run in to the Nile and there are countless thousands of them. All that water in those thousands of small streams is what converges to make the Nile so large.
Taking your affiliate marketing income to a higher level is usually a matter of making your own RIVER of income by creating multiple, miniscule streams of income.
Start promoting services and products that pay a once a month residual income. And only those products. And then simply kick back and watch the wizardry happen.
Because when you have residual income coming in – you never start the month at zero!
You are never truly starting over or starting from nil and hoping beyond hope you sell something this month. That’s a good thing.
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