How To Earn A Residual Income Online
Having earn residual income online is the best feeling you get when you check your emails and see that you have made money while you are sleeping or while you were away on holiday. And an even better feeling is knowing that it is going to happen again and again. The basic principle for residual income is that you do the work once and then that work is repeated on autopilot for you, generating income, month in month out. So, what do you need to be able to generate a residual income online? Promote Recurring Payment Products Recurring billing products are any type of product that repeatedly bills customers on a regular schedule. These can include, software licenses, subscriptions, membership sites and newsletters. Although the initial upfront earnings may be less than a one-off product sale, you will earn from this one sale every month and that soon adds up. You can find a huge selection of recurring income products in the online marketplace at Clickbank.
Many successful online marketers know that the key to long-term success in affiliate marketing is generating consistent commissions month after month. Depending on how long the customer subscribes to the product, and how frequently they are billed, this means that you as an affiliate could earn regular commissions for months or years at a time! To find recurring income products on Clickbank, log into your account (if you don’t have an account, they are free to set up) and click on Marketplace. Select the Category of product you want to promote and then select ‘Recurring Billing’ from the Product Type dropdown menu and click Go.
Get an Autoreponder that you can generate residual income online with, an autoresponder and a good sales funnel. An autoresponder is a piece of software that works for you every hour of every day. You set up a series of messages once and then everyone who subscribes to your customer list, no matter when or from where they subscribe, receives that entire series of messages automatically. Your sales funnel is the process a person goes through to buy your product or service. On average, a person needs to see seven messages before they buy. This is where your autoresponder works for you by emailing your sales funnel messages, which in turn convert prospects into sales. Automate Your Traffic as an affiliate marketer, you can generate recurring income online by automating your website traffic.
Pay-per-click is a great way to generate automated traffic. You create an effective campaign with targeted keywords and then let it run. With PPC you can set the limits on how many clicks you want and how much you spend over what period. You can also set up a similar automatic marketing campaign with ezine advertising. Once you have an advertisement and ezine that generates you results, place a standing order with the publisher and let your ad and the publisher do the work for you. Having a steady stream of income allows you to explore new niches and regularly test new products and promotional techniques to see what works best for you. For this reason, promoting recurring income products can be a path to profitability for many affiliates.