subject: Why A Residual Income Affiliate Program Is A Smarter Choice [print this page] Why A Residual Income Affiliate Program Is A Smarter Choice
If you have a website that is dedicated to pre-selling products to a small niche you may find that you will soon have a case of diminishing returns. A single tier affiliate program is much harder and more costly than joining and promoting a residual income affiliate program. More and more affiliate marketers are putting in time and money to join and promote a residual income affiliate program rather then the traditional single tier affiliate program.
Why are they doing that?
Finding new leads is costly and with a single tier affiliate program you usually only get one commission per lead.
It is easier to earn commissions from on going sales from a single lead than to constantly be searching for new leads.
It doesn't matter if you are doing seo, ppc, article marketing, or social media marketing. Constantly finding new leads to sell a single product to is pretty expensive and it is effectively the affiliate marketers biggest overhead. A residual income affiliate program retains the leads that have converted into customers and helps you earn repeated commissions from them rather than a one time commission.
Time is Money!
It is easier and much more cost effective to have repeat customers than it is to constantly have to look for a fresh crop of customers to do a one time sale with. Th acquisition cost per lead drops dramatically when your customers return to do more business with you. With a residual income affiliate program you can spend the same amount of time and effort in promotion and actually see your commission base grow rather than just watch the single commissions come in at the same rate or maybe even slow down.
So many visitors ...
The constant need to get fresh leads is a drain and a down fall that joining a residual income affiliate program avoids. With a single tier affiliate program, once you have converted a lead to a customer and you have received your commission it is good bye for ever. Because of this, building your business is a slow and difficult proposition.
Now suppose you are generating 1000 visitors a day to a single tier affiliate program. Maybe 300 of those are new visitors where as 700 might be repeat visitors. What can you sell those repeat visitors? Maybe you have several different products in this website, but are they competing products? No one will buy a different diet program from your website if the first one didn't work. In short, you can't really sell them anything.
This is the importance of a residual income affiliate program it is the key to earning sales commissions from those 700 repeat visitors.
I suppose some two tier affiliate programs could perhaps be considered a residual income affiliate program, what i am referring to is an affiliate program that continues to pay you on a monthly basis.
There is a residual income affiliate program that values its affiliates enough mark any customer that an affiliate refers and all sales for the life of that customer are payed a commission to that affiliate. This type of residual income affiliate program is usually paid by membership sites and web hosting companies. And they can end up being very lucrative to promote.
In the end a good residual income affiliate program will help you build a business that can replace your current income and then some. Giving you the freedom you always dreamed of.
