subject: Making Residual Incomes Streams On The Internet [print this page] Are you one of the many people that would like to make multiple streams of income to help pay the bills during these intense money times? Take this quick affiliate marketing test we are going to warn you, it does contain some maths. Let's see how you do, it's not tricky. Below follow two exact real-world promoting systems. Your job is to figure out which one will be more profitable in the long run.
In the 1st scenario it takes a hundred clicks to make a sale. Every sale pays $100 in commissions. The refund rate is a low 5%. At $.80 per click, what's going to be the return on your first $100 investment?
In the second eventuality it takes the same - 100 clicks to make a sale. That sale also pays a $100 commission, but there is the increased bonus of an additional $10 a month commission for 4 months. There is also a repayment rate of five percent, and you will get paid that additional $10 4 times. Again, if you pay $.80 per click what will your return on a $100 investment be?
The answer for the 1st example is like this : it costs you $80 to make one sale. So that means you made $20 but you should take off five percent for the kickbacks, leaving you with $19 net profit. 19% is a pretty good ROI. In the second example you will still receive $19 in commissions for that initial sale, but you also receive $40 for those 4 monthly sales. So if you add the $19 to the $40 then you have $59 which translates to a 59% ROI a much more desirable end result!
Residual Income Makes A Giant Difference!
If you were to look at any Super Affiliate's marketing model you will soon discover the only time they will offer a product that pays only once for the first sale, is when they can leverage that sale into making additional cash. Many will provide a free report or special bonus if you are going to buy this product through their affiliate link, where the leverage comes in is when they collect your opt in info from their landing-page, what they are giving you for free involved you giving something away for free too! A concentrated opt-in list is very often worth up to five bucks per name each month to its owner. It is reasonably possible there will be a later upsell offered thru an e-mail that gives them the chance to earn yet one more commission.
Super Affiliates will probably focus on promoting products which will appear to only pay an one-time commission, but in fact 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 an ongoing chance to earn additional income, you must go for it. Does not that make sense? It's the most notable difference between an awesome 59% ROI or a much less galvanizing 19%.
Swell Your Income Streams let them Flow into a River of Residual Income!
The longest river in the world is the Nile. The only real way you can appreciate the scale of the Nile is by seeing it from outer space. It is awesome. What you do not see when you look down from your rocket is that the Nile is what it is because it's fed by thousands of small tributaries. Thousands of them. This large River only exists because of all the tiny tributaries and streams that run into it.
By understanding that many small streams of income can build to make a river of wealth you need to take your affiliate marketing efforts to the next level. Start by promoting products that pay residual monthly income on top of an initial commission. Don't feel tempted by other products, these are the ones that may create wealth in the longer term. After some months you will see these small streams of income turn into a significant flood of income. The fantastic thing about residual monthly income is that you never start a month with nothing in the bank. Imagine that!
No more considering how much your income will be and whether you'll be able to pay the bills that residual income will soon build up to be sufficient to cover the bills before you even start on any other income-producing projects.
