Affiliate Programs- A Quick Buck Or Residual Income?
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One of the best ways to earn an income online is to sell affiliate programs. Many people from all over the world are doing this on a consistent basis in all sorts of different niches and are making great money.
One of the best places to find products to sell is a company called Clickbank.com.
ClickBank is a secure online retail outlet for more than 12,000 digital product vendors and 100,000+ active affiliate marketers so there is no shortage of products to sell from there.
Now, there are 2 types of products that anyone can sell for a profit.
1. One time sale commission:
A one time commission product is a product that you get paid for ONCE and that's it. That person is gone and you don't make anymore money from them. When you make a sale, it sure does feel good but this is not the best way to go.
You are probably saying:
"Tal, what do your mean this is not the best thing to do? Your goal is to make sales..."
Yes, your goal is to make sales but what if I told you that it is much more profitable to find products in any niche that have RECURRING commissions?
2. Residual Recurring Income:
Yes, it is nice when you sell a product as an affiliate and you make for example a $30 commission. But it would be a lot more profitable to sell a product that you not only can make that $30 commission, but can also earn a monthly recurring commission. Let's say something like $25 per month as an affiliate.
You can literally sell the same type of product to a customer but if you don't sell products that can bring you a monthly recurring commissions then you are really leaving lots of money on the table.
All those "GURUS" that you see earn $1000+ per day on clickbank and in other places don't earn the majority of their income from new sales. No....They earn the bulk of their income from recurring commissions. I really hope that this makes sense to you.
If you were to go out and you were curtain that you can make 500 sales on one product that would make you $30 commission for the whole year, that would be $15,000 that would go in your pocket. This is a nice income but it would not get you too far.
Now imagine if you take a product that not only pays you a $30 ONE time commission, but pays you $20 per month for each customer. After a year of making 500 sales, your monthly income would be $10,000. $20x500 people paying the monthly fee.....that comes up to $10,000. Now I know that many of these people will cancel their membership and the numbers will be lower but if you consistently bring in new customers, your income will soar.
This is how the big guys make most of their incomes.
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One of the best places to find products to sell is a company called Clickbank.com.
ClickBank is a secure online retail outlet for more than 12,000 digital product vendors and 100,000+ active affiliate marketers so there is no shortage of products to sell from there.
Now, there are 2 types of products that anyone can sell for a profit.
1. One time sale commission:
A one time commission product is a product that you get paid for ONCE and that's it. That person is gone and you don't make anymore money from them. When you make a sale, it sure does feel good but this is not the best way to go.
You are probably saying:
"Tal, what do your mean this is not the best thing to do? Your goal is to make sales..."
Yes, your goal is to make sales but what if I told you that it is much more profitable to find products in any niche that have RECURRING commissions?
2. Residual Recurring Income:
Yes, it is nice when you sell a product as an affiliate and you make for example a $30 commission. But it would be a lot more profitable to sell a product that you not only can make that $30 commission, but can also earn a monthly recurring commission. Let's say something like $25 per month as an affiliate.
You can literally sell the same type of product to a customer but if you don't sell products that can bring you a monthly recurring commissions then you are really leaving lots of money on the table.
All those "GURUS" that you see earn $1000+ per day on clickbank and in other places don't earn the majority of their income from new sales. No....They earn the bulk of their income from recurring commissions. I really hope that this makes sense to you.
If you were to go out and you were curtain that you can make 500 sales on one product that would make you $30 commission for the whole year, that would be $15,000 that would go in your pocket. This is a nice income but it would not get you too far.
Now imagine if you take a product that not only pays you a $30 ONE time commission, but pays you $20 per month for each customer. After a year of making 500 sales, your monthly income would be $10,000. $20x500 people paying the monthly fee.....that comes up to $10,000. Now I know that many of these people will cancel their membership and the numbers will be lower but if you consistently bring in new customers, your income will soar.
This is how the big guys make most of their incomes.
Want To Finally Earn Real Money Online? I am personally biased when it comes to recommending online work at home business opportunities! Click Here To See The HOTTEST Home Business Opportunity On The Internet. Period