subject: Make Money From Home With This Residual Income Model [print this page] Make Money From Home With This Residual Income Model
If you want to make more money from home, then building residual income will also give you more freedom, in terms of more spare time. There is no sense in starting up a home business if you work all the hours available in a day. Read on to discover a residual income model to make money from home and give you more free time.
This model is based on internet marketing strategies. The online marketing industry is still relatively unknown in mainstream working society. Even so, it is an industry that allows pretty much anybody with basic computer skills to earn money online.
You do need a few other things, like the ability to follow instructions and the motivation and desire to learn new skills. Like anything, if you want to train in a new field, you need to be prepared to go through a learning process to become skilled in the tools of your new trade or profession.
So how does this business model work? Internet marketing is not the same thing as selling. There are specific ways in which you can use the internet to market products and make money online. These systems will continue to work for you, long after the initial work has been put in to set them up.
To build an extremely automated system using the internet, that will generate an income for you, you need to use 3 separate income streams that combine to form a long term, permanent income from the internet.
1. Direct sales from marketing a high value product. This is where you get paid today from someone making a purchase of the product you are marketing. As each product is purchased, you receive a direct payment. The value of the product that you should be considering should be around the $2000 mark.
2. Marketing a high volume of lower value products. The easiest, most profitable type of products for you to market are digital information products. These can either be products that you have created yourself, or someone else's products that you market for a commission as an affiliate.
3. Residual income stream. This type of income comes from doing a certain amount of work once, and then continuing to get paid for months to come. This can come from marketing monthly memberships or from leveraging the work of others for your own profit. This type of arrangement between two marketers can create an extremely lucrative partnership for both.
Increasing numbers of people are looking for a financial Plan B. In the information age that we now live in, being able to make money from home with internet marketing has provided many with a residual income model that has allowed them to change their career and bring in financial rewards and the free time to enjoy them.
