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Residual Earnings Streams * Fact as well as Fiction?
- 1. Are you one of many people that would like to make multiple streams of income to help pay the bills during these stressful money times? Take this fast affiliate marketing test we are going to warn you, it contains some maths. Let's see how you do, it's not tricky. Below follow two actual real-life promoting systems. Your job is to work out which one will be more lucrative in the long run.
- 2. In the 1st scenario it takes 100 clicks to make a sale. Each sale pays $100 in commissions. The refund rate is a low five percent. At $.80 per click, what's going to be the return on your first $100 investment?
- 3. In the second eventuality it takes the same - one hundred clicks to make a sale. That sale also pays a $100 commission, but there is the extra bonus of an additional $10 a month commission for 4 months. There促's also a refund rate of 5%, and you促'll get paid that additional $10 four times. Again, if you pay $.80 per click what will your return on a $100 investment be?
- 4. The answer for the first example is like this : it costs you $80 to make one sale. So that implies you made $20 but you have to take off 5% for the kickbacks, leaving you with $19 net profit. 19% is a good ROI. In the second example you will still receive $19 in commissions for that preliminary sale, but you also receive $40 for those 4 monthly sales. So if you add the $19 to the $40 then you have $59 which interprets to a 59% return on investment a far more desirable end result!
- 5. Residual Income Makes A Large Difference!
- 6. If you were to examine any Super Affiliate's marketing model you'll soon find out the only time they'll offer a product that pays only once for the original sale, is when they can leverage that sale into making extra cash. Many will supply 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 landing page, what they are giving you for free involved you giving something away for free too! A targeted opt-in list is often worth up to five bucks per name every month to its owner. It is reasonably possible there'll be a later upsell offered through an email that gives them the chance to earn one more commission.
- 7. Super Affiliates will often focus on promoting products which will appear to only pay an one-time commission, but in truth 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 a continual opportunity to earn extra income, you should go for it. Does not that make sense? It's the difference between a grand 59% ROI or an a lot less galvanizing 19%.
- 8. Swell Your Income Streams let them Flow into a Brook of Residual Income!
- 9. The longest river in the world is the Nile. The only possible way that you can appreciate the scale of the Nile is by seeing it from outer space. It is awesome. What you don促't see when you look down from your rocket is that the Nile is what it is because it促's fed by thousands of little tributaries. Thousands of them. This large Brook only exists because of all of the little tributaries and streams that run into it.
- 10. By accepting that many little streams of income can build to make a brook 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促't feel tempted by other products, these are the ones that may create wealth in the longer term. After just a few months you will see these tiny brooks of income turn into a serious flood of income. The great thing about residual monthly income is that you never start a month with nothing in the bank. Imagine that!
- 11. No more thinking how much your income will be and whether you will be able 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.