subject: Affiliate Program And Residual Program [print this page] If, you are planning to start an online business but do not have products to sell then I have the best option for you. It is affiliate marketing. In this business you just have to build a website and take the links of the products from the other merchants to place in your website. Whenever someone referred by your site buys something from merchant's site, you get the commission. This way, there is no need to sell any product. To start the business all you need to do is join affiliate programs and take the links from it.
Affiliate marketing is beneficial for both merchants and affiliates. The merchants get the benefit as the affiliates promote their products. Affiliates get the benefit as they get the commission on every sale.
There are two types of commission paid on the sale of every product. One is by percentage and the other is fixed. Commission based on percentage varies from 15% to 40%. This way commission changes on the sale of each product.
In fixed price commission, the amount is fixed and is paid on every sale. There is also pay per click programs like Google AdSense which places the ads in your website and if, somebody clicks the link of the ad the webmaster gets the commission. There is no need of sale of any product. It is also good for the promotion of existing website.
There is one more affiliate program called the residual affiliate program. In this program the commission is very low ranging from 10% to 20%. So, people do not prefer this program.
Now, the question arises, is it ok to ignore the residual affiliate program. The straight answer is No. This is because the affiliate gets the commission of the first sale but, he also gets regular commission on every sale made through the merchant's website which he has joined. It is not important that the person is referred by the publisher or not. Commission is regular and ongoing.
This is the biggest reason why we should promote residual affiliate program. Once you promote your website and somebody buys the product then there is no need to promote it regularly. The merchant will give you commission on each sale. In the residue affiliate program you can surely make money even while you sleep.
It is recommended that you join both the programs to get maximum profit.