Are you one of the many folk that would like to form multiple streams of income to help pay the bills during these intense financial times? Take this fast affiliate marketing test we will warn you, it contains some mathematics. Let's see how you do, it's not difficult. Below follow two exact real-world promoting strategies. Your job is to figure out which one will be more lucrative in the long run.
Residual Income Streams
In the second scenario it takes the same - a hundred clicks to make a sale. That sale also pays a $100 commission, there is however the increased bonus of an extra $10 a month commission for 4 months. There is also money back rate of five percent, and you'll get paid that extra $10 4 times. Again, if you pay $.80 per click what will your return on a $100 investment be?
Okay, in the first example it might cost $80 to make one sale. So you would make $20 minus the 5% refund rate so ending up with an ROI of $19. That is not such a terrible 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 due to that 4 months worth of residual income. You would still get the $19 ROI on your initial $100 investment, but here you make that extra $40 a 59% investment return.
Residual Income Makes An Enormous Difference!
Pay close attention to any Super Affiliate's selling model and you'll quickly discover the one time they will offer an one-up product ( it pays only once for primary sale ) is if they can somehow leverage that sale.
For example, they may supply a free report or special insider review and bonus if you make the purchase through their affiliate link... Where the LEVERAGE is in collecting the opt-in information.
Because a concentrated opt in list is usually worth $0.25 to $5.00 Per Month or more to the list owner.
The heavy hitters in the affiliate marketing business go one better than that, they focus on promoting their products which at first provide an one-time commission but go on to offer an upsell to something that gives a monthly residual income, such as a membership site.
So that the key to the best affiliate marketing opportunities is not about the original commission, it's about what follows later . Can you blame them? In the example above, it's the most important difference between 19% and 59% investment return.
The Secret to Prosperity is Multiple Streams of Residual Income
The longest river in the world is the Nile. The only way you can appreciate the scale of the Nile is by seeing it from outer space. It is awe-inspiring. What you do not see when you look down from your spaceship is that the Nile is what it is because it's fed by thousands of little tributaries. Thousands of them. This large River only exists due to all of the little tributaries and streams that run into it.
By grasping that many little streams of income can build to make a stream of wealth you should take your affiliate marketing attempts to a higher level. Start by promoting products that pay residual monthly income on top of an initial commission. Don't be tempted by other products, these are the ones that will create wealth in the longer term. After some months you'll see these little rivers of income turn into a significant flood of income. The beauty of residual monthly income is that you never start a month with nothing in the bank. Imagine that!
No more wondering how much your income will be and whether you will be ready to pay the bills that residual income will soon build up to be enough to cover the bills before you even start on any other income-producing projects.
Creating Residual Income Streams Video
Residual Income Streams 2012 @ Empower Network
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