Every online business career needs to follow the following instructions to start earning residual incomes.
1. Membership site - If you have your own membership site, you will be paid every month by your members. No need to sell again and again to them.
2. Affiliate Programs - There are hundreds of affiliate programs on the net. Choose wisely before expecting your reasonable residual income.Try to concentrate on the selected programs.
Your affiliate product should offer you atleast 30% of the product prize. If your affiliate product is good and with your effort, certainly you will be profited by the affiliate programs.
3. eBooks - Yep...Another way of getting residual income. Whether free ebooks or ebooks with resale rights or ebooks for their personal use, once they go with your name and web site links means, they will send you constant traffic to your web site.
After keeping links, always check them whether working are not.
4. Sell a product and offer upgrades for a minimum fee: This is another way of getting residual income. If your product needs to be upgrade, you can do that at specific intervals with minimum fee.
At these situations, your initial product prize should be reasonable. Otherwise nobody will buy a high prized product that needs to pay for upgrades too.
5. Certain businesses: Like web hosting business. Once you get a customer means, you will get everymonth payment from him. Some other businesses like offering merchant accounts, hosting forums, shoping carts etc also produce regular monthly income.
Conclusion: These are only few ideas on getting residual income.You can think of your own way of getting it on your specific product.
:crash:
1. Membership site - If you have your own membership site, you will be paid every month by your members. No need to sell again and again to them.
2. Affiliate Programs - There are hundreds of affiliate programs on the net. Choose wisely before expecting your reasonable residual income.Try to concentrate on the selected programs.
Your affiliate product should offer you atleast 30% of the product prize. If your affiliate product is good and with your effort, certainly you will be profited by the affiliate programs.
3. eBooks - Yep...Another way of getting residual income. Whether free ebooks or ebooks with resale rights or ebooks for their personal use, once they go with your name and web site links means, they will send you constant traffic to your web site.
After keeping links, always check them whether working are not.
4. Sell a product and offer upgrades for a minimum fee: This is another way of getting residual income. If your product needs to be upgrade, you can do that at specific intervals with minimum fee.
At these situations, your initial product prize should be reasonable. Otherwise nobody will buy a high prized product that needs to pay for upgrades too.
5. Certain businesses: Like web hosting business. Once you get a customer means, you will get everymonth payment from him. Some other businesses like offering merchant accounts, hosting forums, shoping carts etc also produce regular monthly income.
Conclusion: These are only few ideas on getting residual income.You can think of your own way of getting it on your specific product.
:crash:
