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The following article was published in our article directory on June 16, 2016.
Learn more about SpinDistribute Article Distribution System.
Article Category: Marketing
Author Name: Cameron Long
Residual Income Streams Online - The Test
Are you looking for a method to create residual income streams online to assist in easing the monetary strains in your life or just because you want to get rich?
Here is a quick affiliate marketing test for you. Don't worry, it's not a real test and I know you didn't study last night. I just want to illustrate the power of setting up multiple streams of income.
Here are two real world affiliate marketing success techniques. Which one do you think would be more profitable in long run?
1.In the first example, it takes 100 clicks to make a sale. Each sale pays $100 in commissions. The refund rate is 5%. At $.80 per click, what is going to be the return on your first $100 investment?
2.In the second scenario it takes the same - 100 clicks to make a sale. That sale also pays a $100 commission, there is, however, the increased bonus of an additional $10 a month commission for 4 months. There's also a refund rate of 5%, and you will get paid that extra $10 four times after the sale. Again, if you pay $.80 per click what will your return on a $100 investment be?
O.K, in the 1st example it would 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 a horrible return on investment.
Now, in the 2nd example you get the same result for the sale -- $80, but your net profit is far much better because of the four months worth of residual income. You would still get the $19 ROI on your initial $100 investment, but in this scenario you make an extra $40. So, instead of just getting $19, you would end up with a total of $59 investment return.
Even Small Income Streams Online Go a Great Distance
If you were to examine any super affiliate's marketing model you will quickly discover 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 offer a free report or special bonus if you buy a specific product through their affiliate link. Where the leverage comes in is when they collect your opt in info from their landing page.
It becomes a fair exchange of value between you and them. What they are giving you for free meets your needs or answers your burning questions, and in exchange you are giving them something for free too...your contact information! Building a focused opt-in list is the key to being successful online and really is your main asset.
Each and every person on that opt-in list is very often worth up to five dollars every month to its owner. It is their focus to build an opt-in list and provide great value to the list each and every month. This happens through providing content to them through videos, blog posts, social media posts, invitations to free webinars, emails from you with nuggets of wisdom and last but not least offering them tools and resources to make their lives easier.
It is this future exchange of value that gives the affiliate marketer the chance to earn more commissions as they meet the needs of their opt in list. It takes a lot of time and effort, so what you'll notice is they target promoting services that not only pay a one-time commission but also pay a significant monthly residual commission.
To explain, if the affiliate marketing product doesn't have a continuity program behind it - most super affiliates will never touch it. Why should they?
Just as we saw earlier, they realize it's just smarter and more profitable. It's requires the same effort, but doesn't it make more sense to increase your ROI from $19 to $59?
Multiple Income Streams Online is the Key to Wealth
The Nile River is the longest river system in the world. It's so large you can actually see it and its two main tributaries from space. What you cannot see is the Nile is actually fed by THOUSANDS of individual streams and tributaries. Thousands.
A lot of small streams merging to make one large, world-record breaking brook.
That's such a great visual for understanding how many little streams of income can build and form a stream of wealth that can absolutely change your life. Each one seems so small, but as you build more and more streams of income, it grows to an enormous river of money flowing into your life.
That's why you absolutely must take your affiliate marketing efforts to a higher level. Begin by promoting products that pay residual monthly income on top of an initial commission. Don't be tempted by products that offer a single commission.
You must focus on the opportunities that will create wealth for the long term. After several months of efforts, you will see these small brooks of income turn into a significant flood of money.
The great thing about residual monthly income is that you never start a month with nothing in the bank.
Imagine that!
You know that month after month you will continue to earn income from past efforts. Yes, some will cancel their order or drop off your list for whatever reason. So, you will always need to keep marketing and attracting new people to your product, service or business. But like I said, you never actually start over or start from zero hoping beyond hope you sell something this month.
Building Multiple Income Streams Online - Where To Start
If you want to start building multiple streams of income online, it is pretty simple to execute, but for some it is an entirely new way of thinking while for others it comes naturally. So, where do you even start? Personally, I discovered My Lead System Pro, which walks you through the entire process of setting up multiple income streams from knowing absolutely nothing to a complete river of income streams.
The other way would be to call up all the most successful people you see online and ask them to divulge how they have become successful and see if they will help you set up your very own system. Many who are successful are happy to help others find success, but they tend to lack the time to devote hours and hours to help you build your own income streams.
MLSP was built by several multiple six and seven figure income earners in the industry. They have divulged everything for us and you will be overcome by the wealth of their knowledge and willingness to share it with you. They stand behind the system and are happy to give you a refund if you don't think it's worth your money.
Personally, I think you will agree they have packed this so full with tools and training that you will definitely get much more than you expect. With MLSP you will absolutely learn to build multiple streams of income online and build your profitable business efficiently.
Keywords: best passive income streams, Income Streams Online,multiple streams of income,passive income streams online,residual income streams,sources of passive income
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