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The following article was published in our article directory on November 1, 2012.
Learn more about SpinDistribute Article Distribution System.
Article Category: Internet
Author Name: Sunnie Lim
Online residual income is the term used to refer to monetary profits generated through the internet making use of various methods like affiliate marketing, blogging and other internet marketing strategies. For an income to be classified as residual, you should have earned it not by exchanging your time for money. For example, if you wrote an article then sold it for a fixed fee online, this does not qualify as residual income. Now, if you publish the same article in your blog and it earns money from advertisements or other monetization tactics used in your blog, your profits can be classified as residual income. One common factor that residual income sources share is that you keep on generating profits from them as long as they exist or remain published online. With our article example, you will continue to earn from the article as long as you don't delete it off your blog.
The Benefits of Earning Online Residual Income:
1. The income will continue to trickle in even if you don't do anything. As we stated earlier, you are not exchanging your time and efforts for money. Your only investment will be the time and money you spent on creating the income source. But once the income source is set up, you don't have to do anything else. You will still earn without moving a finger. You earn while you sleep. This is the beauty of residual income. Imagine if you are able to set up multiple sources of residual income. This means online profits going straight to your bank account with you doing nothing but wait for the profits to come in.
2. They are scalable. Most online home based businesses are scalable. To scale a business means to expand it or recreate it so as to double or triple the current income that you are generating. For example, if you are earning 100 dollars a month from a single blog, you can double that to 200 dollars a month by creating another blog. There is no limit as to how far you can go when it comes to scaling online businesses. As long as you are able to maintain all the web properties you create, you can scale them whenever you want.
3. The income potential is unlimited. This is probably the most important benefit of earning online residual income. There is no ceiling as to how much you can earn. You can make one million dollars a month if you are lucky enough. And this is all residual in nature. The possibilities are indeed endless.
4. If you have several sources of internet income, you can cross promote these with each other. For example, let's say that you are marketing to an email list as well as selling affiliate products through an affiliate marketing store. You can connect these two platforms to increase your profits.
Majority of aspiring internet marketers get into the industry with the hope of generating an online residual income. No one can blame them given the benefits of residual income as discussed above.
Keywords: online income, online residual income, online passive income
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