Sunday, December 7, 2008

How to Earn Fast Free Residual Income


Creating a reliable residual income stream is popular amongst Affiliate Marketers. Residual Income is a unique and lucrative method where one-time initial effort results in commissions being paid repeatedly for re-orders and re-bills. In contrast a CPA commission structure pays commissions only on the first sale. It is easy to see how home-based businesses and Internet Marketers would be drawn to residual income opportunities. Some affiliate programs and business opportunities can unfortunately take a long time before seeing any results and some residual income formulas require set-up and monthly fees too. Earning residual income though can actually be easy, fast, and completely free.


Fast Residual Income
Joining an affiliate program usually only takes a few minutes and once you have an affiliate link you can start earning commissions immediately. Many people think that residual income takes a long time to get going but in fact can be very fast because you earn commissions on the first sale as well and not just the re-orders and re-bills. It's important to make sure the merchant is reputable and will pay your residual commissions on time.

Earning residual income is as easy as getting people to click your link and place an order or start a subscription with the merchant. If you already have a quality website with traffic that would be receptive to purchasing from the merchant you've partnered with, add your link and recommend the product. Your website visitors will start earning you residual income right away and it will cost you nothing. You can also include affiliate links and product recommendations in newsletters, forum posts, directories, articles, and email marketing.

Free Residual Income
You've probably seen the pyramid schemes and MLM programs advertising fast residual income but that also requires you to pay each month to stay in the program as well as actively recruit new members. Each time a new member joins, you earn residual income from the fees they pay. The idea is that people under you earn you money which is great if you are at the top of the pyramid but terrible if you are lower down where there's nobody else to recruit. Not only are these programs usually illegal because no product is being interchanged, they can be a losing venture if you don't recruit enough people. To me this isn't really true residual income where commissions earned tomorrow are solely based on work you did in the past. Instead, all money stops as soon as you stop paying.

Creating a reliable and free residual income stream is completely possible. Many merchants offer residual income affiliate programs that anyone can join. Products with monthly subscriptions and re-billing are good examples where merchants are willing to compensate affiliates with residual commissions for as long as a customer you sent to them continues to subscribe. For example, online dating, gambling, and adult website merchants are good candidates for offering monthly residual income. But this is just the start. Many merchants that don't have monthly re-billing still offer residual income for returning customers who place re-orders. So a customer who purchases a product today and then returns six months down the road to try another will earn you commissions on both. Examples of this type of residual income are herbal supplement companies, clothing stores, and jewelers but the list is extensive. I recommend you search Google or search the niche directory on this site for residual income affiliate programs.

In Conclusion...
Creating fast free residual income is as easy as finding a product that pays residual commissions and having receptive people click your affiliate link. The link works immediately and costs you nothing to use. There are thousands of merchants that offer free residual income affiliate programs for a multitude of different products. Once you find one that you're comfortable with and that's relevant, all you have to do is get customers from your website, newsletters, or emails to follow your recommendations and purchase from the merchant. Before you know it, you'll have reliable monthly residual income from a home-based business.

1 comment:

  1. Very interesting topic. You are a great writer.

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