Are you looking for a way to create a number of residual income streams to ease the financial stresses in your life and perhaps become wealthy in the process?
Here is a quick affiliate marketing test.
Let's see how you score. Listed here are two residual income streams success strategies. Which one is more rewarding in long run?
In the first scenario it will take one hundred clicks to make a sale. Every sale pays $100 in commissions. The refund rate can be a low five percent. At $.80 per click, what's going to be the return on your initial $100 investment?
In the second example, it takes exactly 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's also return rate of five percent, and you will get paid that additional $10 four times. Once more, in the event you spend $.80 per click what will your return on a $100 investment be?
In the first marketing example it would cost $80 to make just one sale.
$100 - $80 = $20 minus five percent refund rate equals $19 net profit. That's a good 19% return on your investment.
In the second case, exact same result for the opening sale - but the NET PROFIT is much more impressive thanks to the monthly residual income! Here you would get $19 for the initial sale plus a further $40 more than a period of time. That's $59 net profit for a 59% ROI.
Small Residual Income Streams Can Go a Long Way
Pay close attention to any Super Affiliate's selling strategy and you may soon discover the only they will offer an one-up item (it pays only as soon as for primary sale) is if they're able to somehow leverage that sale to create additional revenue income streams.
For instance, they could offer a totally free report or special insider secrets and a bonus in the event you make purchase thru their affiliate link. Where the LEVERAGE is in collecting the opt-in lead information.
Since a focused opt-in list is commonly worth $0.25 to $5.00 every month or more for the list owner. Or there maybe an UPSELL later which has the potential to earn an additional commission.
But what you'll notice much more often is they focus on promoting products that not only pay a one time commission but also pay a monthly residual income stream.
Put simply, if the affiliate marketing product does not have a residual income program behind it, most super associates will never touch it. Why should they? It could be the difference between a 19% ROI compared with a 59% ROI.
Residual Income Streams Will Create Wealth
The popular Nile is the longest river on this planet. In the event you look downat it from space you'll be able to see it and its two principal tributaries fairly clearly. Yes, it really is that big.
What you don't see from outer space is all the thousands of little streams and rivers that run in towards the Nile and there are thousands of them. All that water in those thousands of tiny streams is what converges to make the Nile so enormous.
By realizing that several residual income streams can develop to create a stream of wealth you can take your affiliate marketing and advertising efforts to a higher level. Begin by promoting items that pay residual income as well as an initial commission. Don't be tempted by other items, these are the ones that will generate wealth in the extended run. After a few months you will see these tiny rivers of income turn into a serious flood of income. The fantastic thing about these monthly residual income streams is that you will never start a month with absolutely nothing in the bank. Imagine that!
You never have to start over or begin from zero and hope that you'll make a sell this month. One of the best residual income streams that I have discovered is the Empower Network.
Author Resource:
Interested in earning 100% affiliate commissions with Lead Generation? CLICK HERE This program will create leads for you. Visit empower network to learn more.
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