Residual Earnings Streams * Fact as well as Fiction?
1. Are you one of many people that would like to make
multiple streams of income to help pay the bills during
these stressful money times? Take this fast affiliate
marketing test we are going to warn you, it contains some
maths. Let's see how you do, it's not tricky. Below follow
two actual real-life promoting systems. Your job is to work
out which one will be more lucrative in the long run.
2. In the 1st scenario it takes 100 clicks to make a sale. Each
sale pays $100 in commissions. The refund rate is a low
five percent. At $.80 per click, what's going to be the
return on your first $100 investment?
3. In the second eventuality it takes the same - one hundred
clicks to make a sale. That sale also pays a $100
commission, but there is the extra bonus of an additional
$10 a month commission for 4 months. There¥'s also a
refund rate of 5%, and you¥'ll get paid that additional $10
four times. Again, if you pay $.80 per click what will your
return on a $100 investment be?
4. The answer for the first example is like this : it costs you
$80 to make one sale. So that implies you made $20 but
you have to take off 5% for the kickbacks, leaving you with
$19 net profit. 19% is a good ROI. In the second example
you will still receive $19 in commissions for that
preliminary sale, but you also receive $40 for those 4
monthly sales. So if you add the $19 to the $40 then you
have $59 which interprets to a 59% return on investment a
far more desirable end result!
6. If you were to examine any Super Affiliate's marketing
model you'll soon find out 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 supply a free report or special bonus if you are going
to buy this product thru their affiliate link, where the
leverage comes in is when they collect your opt in info
from their landing page, what they are giving you for free
involved you giving something away for free too! A
targeted opt-in list is often worth up to five bucks per
name every month to its owner. It is reasonably possible
there'll be a later upsell offered through an email that
gives them the chance to earn one more commission.
7. Super Affiliates will often focus on promoting products
which will appear to only pay an one-time
commission, but in truth turn out to pay a major amount
in monthly residual income. What you can learn from this
exercise is that if an affiliate marketing product does have
a continual opportunity to earn extra income, you should
go for it. Does not that make sense? It's the difference
between a grand 59% ROI or an a lot less galvanizing 19%.
8. Swell Your Income Streams let them Flow into a Brook of
Residual Income!
9. The longest river in the world is the Nile. The only possible
way that you can appreciate the scale of the Nile is by
seeing it from outer space. It is awesome. What you
don¥'t see when you look down from your rocket is that
the Nile is what it is because it¥'s fed by thousands of little
tributaries. Thousands of them. This large Brook only
exists because of all of the little tributaries and streams
that run into it.
10. By accepting that many little streams of income can build
to make a brook of wealth you need to take your affiliate
marketing attempts to a higher level. Begin by promoting
products that pay residual monthly income on top of a
preliminary commission. Don¥'t feel tempted by other
products, these are the ones that may create wealth in the
longer term. After just a few months you will see these
tiny brooks of income turn into a serious flood of income.
The great thing about residual monthly income is that you
never start a month with nothing in the bank. Imagine
that!
11. No more thinking how much your income will be and
whether you will be able to pay the bills that residual
income will soon build up to be adequate to cover the bills
before you even start on any other income-producing
projects.