Why You Should Create Residual Incomes Streams Online
Are you looking for a technique to create any amount of residual income streams to assist in easing the monetary stresses 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 100 clicks to make a sale. Each sale pays a $100 one time commission. There is a 5% 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 plus a once a month commission of $10. There’s a five percent refund rate and the average monthly subscription lasts four months. If you pay $0.80 per click, how much money will you make per $100 investment?
In the 1st affiliate marketing example it would cost $80 to make one sale. $100 – $80 = $20 less five percent refund rate equals $19 net profit. That’s a pretty good 19% return on your marketing investment. In the second, same result for the opening sale – but the NET PROFIT is much, much more electrifying because of the monthly residual income! Here you would get $19 for the upfront 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 close attention to any Super Affiliate’s marketing model and you’ll quickly discover the one time they will offer a one-time product (it pays only once for primary sale) is if they can somehow leverage that sale. For instance, they may provide 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 PER MONTH or more to the list owner.
Or there perhaps an UP-SELL later that has the ability to earn another commission. But what you’ll see more often is they target promoting services that not only pay a one-time commission but also pay a significant monthly residual commission. To explain, 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 mean the greatest difference between a 19% ROI and a 59% ROI.
Multiple Residual Income Streams is the Key to Wealth
The Nile Brook is the longest river in the world. You can see it and it’s 2 main tributaries from space. It’s that giant. What you can not 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 affiliate marketing income to a higher level is usually a matter of making your own RIVER of income by creating multiple, tiny streams of income. Start promoting services and goods that pay a once per month residual income. And only those products. And then simply sit back and watch the magic occur. Because when you have residual income coming in – you never start the month at nothing! Think about that.
You are never really beginning over or beginning from zero and hoping beyond hope you sell something this month.