There are two major forms of income you can earn online. One is direct sales income. Direct sales income gives you an immediate profit for a sale. A good example of this is affiliate income. Someone clicks on your link and you get a sales commission. Ebay is another example. Someone buys one of your products and you make a sale.
Residual income is another type of online income that keeps paying you from work you did once. People who write a book or a song can get residual income from their one time effort. Wealth builders like Donald Trump and Robert Kiyosaki (Rich Dad) teach that residual income is a important way to build long term income. Just like a CD or IRA, residual income can be considered like an investment.
Network marketing is also a form of residual income. You don t just make a sale once, you profit from the sale over and over as the distributor you signed up now buys products and signs up more distributors in your company. Network marketing is a powerful and legitimate form of business, especially if you understand that network marketing is a form of residual income.
For most people it takes time to build a substantial monthly income stream from your network marketing company alone. Many people get into network marketing hoping to make a quick buck, but that usually only works for a few super sales people. For the rest of us, it takes time to build a good business. You should give your network marketing residual income at least several years before you are making a profit that allows you to quit your job.
I found that the best solution is to create multiple income streams by partnering network marketing with affiliate marketing. The two forms of online income can work together for getting you immediate cash to live off of, while you are building your long term wealth residual income.
With affiliate marketing you use affiliate links to earn commission on another person or company s product, without all the hassle of selling and delivering your own product. You can promote several or even many products and services, and you will earn a percentage of the purchases made by the people you refer.
There are lots of affiliate programs out on the Internet, and some of them are not very legitimate, so it is very important to choose the right companies. You also want to find the kind of products that will work with your network marketing program, to enhance your online business.
The hard part is learning how to market those affiliate income streams (as well as your primary network marketing business) on the Internet. Fortunately I can show you how to do that. Check out my links below for more information.
I found a new company that has put together a marketing system that works with two of the best proven, legitimate, and low cost network marketing companies online today, as well as one great free program and several affiliate programs.
Author Resource:
For more information about this great new program go to http://power-income-opportunity.com now! Dianne Ronnow is an Expert Online Business & Marketing Consultant who teaches network marketers how to become successful internet marketers. Go to http://DianneRonnow.com for more information.
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