Creating Residual Income Streams Online
Creating Residual Income Streams Online
Are you one of many people that would like to make multiple residual income streams to help pay the bills during these stressful 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 tricky. Below follow two actual real-life marketing strategies. Your job is to figure out which one will be more moneymaking in the long term.
In the first scenario it takes one hundred clicks to make a sale. Each sale pays $100 in commissions. The refund rate is a low five percent. At $.80 per click, what will be the return on your first $100 investment?
In the second marketing 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 shown, there is 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 1st example, how much will you make now for your $100 investment?
In the first internet marketing example it would cost $80 to make one sale.
$100 – $80 = $20 less five pc refund rate equals $19 net profit. That’s a very good 19% return on your marketing investment.
In the second, same result for the opening sale – but the NET PROFIT is much much more electrifying because of the monthly residual income! Here you would get $19 for the initial sale and a further $40 over a period. That is $59 net profit for a 59% ROI.
A Few Residual Income Streams Goes a Great Distance
If you were to examine any Super Affiliate’s marketing model you’ll soon learn the only time they’ll offer a product that pays only once for the initial sale, is when they can leverage that sale into making more money. Plenty will supply a free report or special bonus if you 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 concerned you giving something away for free too! A targeted opt in list is very often worth up to 5 bucks per name each month to its owner. It is reasonably possible there’ll be a later upsell offered thru an email that gives them the chance to earn one more commission.
Super Affiliates will most likely target promoting products that can appear to only pay an one-time commission, but in truth turn out to pay a big amount to produce monthly residual income streams. What you can learn from this exercise is if an affiliate marketing product does have a continual chance to earn additional income, you should go for it. Doesn’t that make sense? It’s the biggest difference between an awesome 59% ROI or a much less galvanizing 19%.
Multiple Residual Income Streams is the Key to Wealth
The famous Nile is the longest river on this planet. If you look down from space you can see it and its two main tributaries quite obviously. Yes, it is that big.
What you do not see from outer space is all the thousands of tiny streams and brooks that run in to the Nile and there are countless thousands of them. All that water in those thousands of little streams is what converges to make the Nile so gigantic.
By accepting that many tiny streams of income can build to create residual income streams of wealth you must take your affiliate marketing efforts 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 may create wealth in the longer term. After some months you will see these small brooks of income turn into a serious flood of income. The beauty of monthly residual income streams 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 in a position to pay the bills those residual income streams will shortly build up to be adequate to cover the bills before you even start on any other income-producing projects.
All I can think about after reading this is how do I get started implementing these strategies, right? Click this Link and type in your email to find out more about collecting 100% commissions deposited directly into your bank account while building multiple residual income streams that PAY
YOU 100% of the sale.
Tagged with: affiliate marketing • empower network • internet affiiliate marketing • multiple-streams-of-income • residual income stream • residual income streams • residual-income
Filed under: MLM • MLM Training
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