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setting up residual incomes streams
Are you hunting for a method to create any number of residual income streams to help ease the
monetary stresses in your life or to become even rich in the procedure?
Fast affiliate marketing test.
See how you score. Here are two real world affiliate marketing success techniques. Which is
more rewarding in long run?
In one promoting eventuality it takes a hundred clicks to make a sale. The commission received
once that sale is created is $100. The ordinary refund rate for this product is five percent. If you
pay eighty cents per click what's going to be the return on your first $100 investment (did we
mention there had been mathematics involved?).
In the second eventuality it takes the same - one 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 four months. There is also a refund rate of five percent, and you will get paid that
extra $10 four times. Again, if you pay $.80 per click what will your return on a $100 investment
O.K, in the 1st example it would cost $80 to make one sale. So you would make $20 minus the
five percent refund rate thus ending up with an ROI of $19. That's 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 inspiring due to that four months worth of residual income. You would still get the
$19 ROI on your primary $100 investment, but here you make that additional $40 a 59% return on
Residual Income - The Difference that Makes a Difference
You can always tell a superb affiliate's marketing model the one time they are going to offer
something similar to in the first example above, they're going to find a method to leverage that
sale. Most of them will offer a free report, a bonus, or a type of review simply as a means of
obtaining your opt in information they give worth for worth and that's where the leverage comes in.
A concentrated opt-in list might be worth up to five greenbacks a month to the list owner. The
secret is to offer an upsell later , which naturally gives the chance to earn another commission.
Super Affiliates will often concentrate on promoting products that may appear to only pay an onetime commission, but in reality turn out to pay a major 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 extra income, you should go for it. Doesn't that make sense? It's the most notable
difference between an awesome 59% ROI or a far less electrifying 19%.
Multiple Residual Income Streams is the Key to Wealth
The Nile Brook is the longest river in the world.
You can see it and it's 2 main tributaries from space. It is that giant. What you cannot see is the
Nile is really fed by THOUSANDS of individual streams and tributaries. Thousands.
A large amount of tiny streams merging to form one big, world-record breaking brook.
By grasping that many small streams of income can build to create a river of wealth you need to
take your affiliate marketing attempts to a higher level. Begin by promoting products that pay
residual monthly income on top of a preliminary commission. Don't be tempted by other products,
these are the ones that will create wealth in the long term. After some months you'll see these
small streams of income turn into a major 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 wondering how much your income will be and whether you'll be in a position to pay the
bills that residual income will soon build up to be adequate to cover the bills before you even start
on any other income-producing projects.
For additional info, watch the website link that follows residual income streams