Residual Income: The Secret to Long-Term Internet IncomeWritten by Jeremy M. Hoover
The Secret to Long-Term Internet Income © 2005 Jeremy M. Hoover // http://hoovermarketing.infoPerhaps best product is one that has recurring monthly fees. This is known as residual income, and is best income to make, because you make one sale but are paid month after month. Would you rather make one sale for a one-time $65, or one sale for a monthly subscription at $10 per month? I would rather have monthly subscription, because after seventh month I will have made more than $65 from first sale, and money will keep coming! It is possible that you can still be making money three years down road from one sale. Here is another example to show you power of residual income: You work everyday for a company. Your paycheck is dependent upon your working. If you don't work on a given day and you are paid hourly, you will not be paid for that day. If your job is to make widgets on an assembly line, you must make those widgets to get paid. But what if you were one who patented widget? Then you would receive income over and over again any time someone made or bought one of your widgets. You don’t have to make widget anymore, but you get paid every time someone buys a widget! This is residual income: it is income that you make over and over again from working one time. There are many great affiliate programs that you can market that can bring you residual income. You can also start your own subscription or membership website. A related concept to residual income is leveraged income. Leveraged income is similar in that it can be residual. More importantly, leveraged income is money that you make from other people's efforts! To use same widgets example, if you make widgets on an assembly line for your job, you have to do that to get paid. But if you were one who patented widget or technology to make widget, you would continually receive income every time someone made or bought one of your widgets.
| | Discover The Affiliate Program That is Right for YouWritten by John Tillotson
Discover The Affiliate Program(s)That is Right For You Are you looking for a profitable Affiliate Program? When you start to examine possibilies for your homebased business, it is easy to be overwhelmed with sheer number of "opportunities" available. A search for "Affiliate Programs" in Yahoo alone, will yield over nine million matches! As with anything worthwhile in life, starting a homebased business using affiliate programs, should not be done without doing some homework. Take your time and do some research, think about what it is you want to accomplish. Are you looking for a full-time business with "full-time" income, or is your goal to make some extra spending money? Set your Goals before you start and find a program that will help you meet them. Use common sense when researching affiliate programs, remember old saying, " Anything that seems to good to be true.....usually is". Look for programs that provide a wide variety of marketing tools and support, after all, if it is legitimate they have a vested interest in you success. If your a newbie, don't try to re-invent wheel, there are many successful people involved with affiliate programs. Most of them are eager to share their secrets, their mentoring will save you alot of time and money, time and money you could apply to growing your new business. The vast majority of people who fail in affiliate programs, are ones who fail to educate themselves on how to promote their new venture. Learn from those who have been there..done that!
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