Setting Up Residual Incomes Streams on The Internet
Setting Up Residual Incomes Streams on The Internet
Are you one of many individuals that would like to create multiple streams of income to help pay the bills during these stressful financial times? Take this quick affiliate marketing test we will warn you, it does contain some mathematics. Let’s see how you do, it’s not tricky. Below follow two precise real-life marketing systems. Your job is to work out which one will be more profitable in the longer term.
In one marketing eventuality it takes a hundred clicks to make a sale. The commission received once that sale is made is $100. The normal refund rate for the item is five percent. If you pay 80 cents per click what’s going to be the return on your 1st $100 investment (did we mention there was maths involved?).
In the second selling eventuality it in a similar way takes a hundred clicks to make a sale. Every sale offers $100 commission but also gives a once per month residual commission of $10. As indicated, there’s a 5% refund rate and the average length of the subscription is 4 months. Now, if you pay $.80 per click exactly as in the first example, how much will you make now for your $100 investment?
OK, in the first example it might cost $80 to make one sale. So you would make $20 minus the five pc refund rate so ending up with an ROI of $19. That is not a bad investment.
Now, in the second example you get the same result for the sale — $80, but your net profit is a great deal more galvanizing due to that four months worth of residual income. You’d still get the $19 ROI on your primary $100 investment, but here you make that additional $40 a 59% return on investment.
Residual Income – The Difference that Makes a Difference
If you were to look at any Super Affiliate’s selling model you will soon find out the only time they are going to offer a product that pays only once for the first sale, is when they can leverage that sale into making additional cash. Many will offer a free report or special bonus if you are going to buy this product thru their affiliate link, where the leverage comes in is when they collect your opt in info from their selling page, what they are giving you for free involved you giving something away for free too! A concentrated opt-in list is quite often worth up to 5 dollars per name each month to its owner. It is quite possible there will be a later upsell offered thru an email that gives them the chance to earn yet another commission.
The heavy hitters in the affiliate marketing business go one better than that, they concentrate on promoting their products which initially offer an one-time commission but go on to offer an upsell to something that offers a monthly residual income,eg a membership site.
So the key to the best affiliate marketing opportunities isn’t about the original commission, it’s about what follows later on. Can you blame them? In the example, it’s the most notable difference between 19% and 59% investment return.
Multiple Residual Income Streams is the Key to Wealth
The longest brook in the world is the Nile. The only real way that you can appreciate the size of the Nile is by seeing it from outer space. It is awe-inspiring. What you don’t see when you look down from your starship is that the Nile is what it is because it’s fed by thousands of little tributaries. Thousands of them. This huge Brook only exists due to all of the little tributaries and streams that run into it.
Taking your affiliate marketing income to the next level is typically a matter of making your own RIVER of income by making multiple, minuscule streams of income.
Start promoting services and goods that pay a monthly residual income. And only those products. And then simply kick back and watch the sorcery occur.
Because when you have residual income coming in – you never start the month at ZERO! Think about that.
You will never start the month from the start having to figure out what you have to do in order to make cash to meet the bills it will already be there in your account – is the final word in financial security.
Register for the live training on how you get started.
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