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The following article was published in our article directory on August 22, 2013.
Learn more about SpinDistribute Article Distribution System.
Article Category: Business
Author Name: Priscilla Giles
Are you looking out for a method to create any amount of residual income streams to assist in easing the monetary strains in your life or to become even rich in the act?
Fast affiliate marketing test.
See how you score. Here are 2 real world affiliate marketing success strategies. Which is more profit-making in long run?
It takes a hundred clicks to make a sale. Each sale pays a $100 one off commission. There is a 5% refund rate. If you pay $0.80 per click, how much money will you make per $100 investment?
It takes a hundred clicks to make a sale. Each sale pays a $100 and a once a month commission of $10. There is a five pc refund rate and the average regular subs lasts four months. If you pay $0.80 per click, what quantity of money will you make per $100 investment?
OK, in the 1st example it might cost $80 to make one sale. So you would make $20 minus the five percent refund rate therefore ending up with an ROI of $19. That is not such a bad investment.
Now, in the second example you get the same result for the sale -- $80, but your net profit is very much more inspiring because of that four months worth of residual income. You'd still get the $19 ROI on your initial $100 investment, but here you make that additional $40 a 59% investment return.
Residual Income Makes A Giant Difference!
You can always tell an excellent affiliate's promoting model the single time they will offer something similar to in the first example above, they're going to find a method to leverage that sale. A lot of them will be offering a free report, a bonus, or a type of review simply as a means of obtaining your opt in information they give price for worth and that's where the leverage comes in.
A concentrated opt-in list could be worth up to five bucks a month to the list owner. The key is to supply an upsell later , which of course gives the chance to earn another commission.
Or there maybe an UPSELL later that has the capability to earn another commission.
But what you'll notice more often is they Concentrate on promoting products that not only pay an one-up commission but also pay a major monthly residual commission.
To explain, if the affiliate marketing product hasn't got a continuity program behind it - most super affiliates will never touch it. Why should they? It can mean the most important difference between a 19% ROI and a 59% ROI.
Swell Your Income Streams let them Flow into a Brook of Residual Income!
The Nile Stream is the longest brook in the world.
You can see it and it's two main tributaries from space. It is that giant. What you can't see is the Nile is actually fed by THOUSANDS of individual streams and tributaries. Thousands.
Lots of tiny streams merging to create one massive, world-record breaking brook.
Look at your affiliate promotion efforts in the same way, by creating multiple streams of income ; you are creating a stream of wealth. You need to start by promoting numerous different products that have got the benefit of making re-occurring streams of income. Stick to those and nothing else.
Finally you'll be able to kick back and enjoy that stream of income. Imagine beginning each month off with a growing amount in the bank without doing a thing! Isn't the ideal scenario?
No more considering 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 sufficient to cover the bills before you even start on any other income-producing projects.
Keywords: passive income streams, passive income, residual income
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