Are you looking out for a method to create any quantity of residual income streams to assist in easing the monetary strains in your life or to become even rich in the procedure?
Quick internet marketing test.
See how you score. Here are two real world affiliate marketing success systems. Which is more profit-making in long run?
It takes a hundred clicks to make a sale. Each sale pays a $100 one-time commission. There's a 5% refund rate. If you pay $0.80 per click, how much money will you make per $100 investment?
In the second marketing scenario it in a similar way takes a hundred clicks to make a sale. Each sale offers $100 commission but also gives a once a month residual commission of $10. As indicated, there's a five percent refund rate and the average length of the subscription is 4 months. Now, if you pay $.80 per click just like in the first example, how much will you make now for your $100 investment?
OK, in the first example it might cost $80 to make one sale. So you would make $20 minus the five percent refund rate therefore 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 a great deal more impressive because of that four months worth of residual income. You would still get the $19 ROI on your primary $100 investment, but here you make that extra $40 a 59% return on investment.
Residual Income Makes A Giant Difference!
If you were to examine any Super Affiliate's promoting model you will soon find out the only time they are going to offer a product that pays only once for the initial sale, is when they can leverage that sale into making extra cash. Plenty will supply a free report or special bonus if you purchase this product thru their affiliate link, where the leverage comes in is when they collect your opt in info from their selling page, what they are giving you for free concerned you giving something away for free too! A focused opt-in list is often worth up to five bucks per name every month to its owner. It is reasonably possible there'll be a later upsell offered thru an email that gives them the chance to earn yet one more commission.
Super Affiliates will often concentrate on promoting products that may seem to only pay an one off commission, but in reality turn out to pay a big amount in monthly residual income. What you can learn from this exercise is that if an affiliate marketing product does have a continuing opportunity to earn extra income, you should go for it. Does not that make sense? It's the biggest difference between an overwhelming 59% ROI or a much less electrifying 19%.
Swell Your Income Streams let them Flow into a Stream of Residual Income!
The famous Nile is the longest brook 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 don't see from outer space is all the thousands of tiny streams and streams that run in to the Nile and there are countless thousands of them. All that water in those thousands of tiny streams is what converges to make the Nile so large.
Taking your affiliate promotion income to the next level is typically a matter of creating your own Brook of income by making multiple, miniscule streams of income.
Start promoting products and services that pay a once per month residual income. And only those products. And then simply sit back and watch the wizardry occur.
Because when you have residual income coming in - you never start the month at zero! Think about that.
No more thinking how much your income will be and whether you will be ready to pay the bills that residual income will shortly build up to be sufficient to cover the bills before you even start on any other income-producing projects.