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3 Fastest Ways To Get Traffic To Any Website
After all the debate over website design, shopping carts and credit card processors, every website owner eventually comes to the startling realization that they need one more thing to survive - website traffic! Without website traffic it's the...
Are You in the Marketing Big House?
Marketers Online are truly a curious bunch. Some are successful beyond belief - earning thousands seemingly at will. These guys live the dream of every aspiring Online Marketer. They are very talented promoters that use classic marketing techniques...
Are you making customers an offer they can’t refuse?
I was reading an article in Forbes Global just before Christmas entitled ‘The Undeaded’. The article considered the great number of software companies who have been losing millions of $ and eating into their cash mountains built up by raising equity...
Network Marketing Wealth - From the INSIDE out !
[To Read the HTML Version of this Article, click here: http://www.recruitingwisdom.com/100701.htm]
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Network Marketing Wealth -
from the Inside Out
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Todays' e-letter is exciting for me. And, I...
Who Is Sick and Tired of Network Marketing
The first network marketing program I joined was Forever Living. That was way back in the early 1980s. I was a failure in it. Just couldn't get people to come to meetings. One or two people did sign up, but then they did nothing. Eventually I...
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Why Residual Income Is Smart Money - And Ways You Can Earn It
Residual income (also called passive, or recurring income) is income that continues to be generated after the initial effort has been expended. Compare this to what most of us focus on earning: linear income, which is one-shot compensation or payment in the form of a fee, wage, commission or salary.
Linear income is directly proportional to the number of hours expended (40 hrs. of pay for 40 hrs. of work). One of the great advantages of residual income is that once things are set in motion, you continue making money from your initial efforts, while gaining time to devote to other things... such as generating more streams of residual income!
There are a variety of ways residual income can be earned. Following are some examples.
1) Transfer the rights to a book you wrote, a software program you created, a gadget you invented, or a song you recorded, to a company that agrees to pay you a percentage of each copy of your work sold in the future.
2) Become an actor and draw residual income from each of your movies, TV shows, or commercials, each time they run.
3) Let an oil company drill a well on your property in exchange for a percentage of the revenue.
4) Purchase an office building or other real estate that earns you recurring income through lease or rental payments.
The above ways of earning residual income generally aren't that easy to implement. Following are some that are more attainable for the average person:
5) Maintain a savings and investment program that pays you residual income in the form of interest or dividends.
6) Market your own products and/or services that lend themselves to repeat sales.
I'm referring to products or services that are regularly used or consumed, and that must be purchased over and over again.
A product or service that you create only once, but sell over and over again, could also be categorized as a form of residual income (although continual effort may be required in marketing it).
Don't have your own product or service that lends itself to repeat sales? Consider the next two options for earning residual income...
7) Join affiliate/associate programs that offer products or services that lend themselves to repeat
sales.
For example, Internet marketers regularly use services such as web hosting, autoresponders, etc. Some affiliate programs that offer such services pay residual commissions to resellers for as long as the original customers they've referred remain paying customers.
8) Join affiliate/associate programs that pay commissions on two levels.
Certain affiliate programs can also generate residual income in another way: by paying affiliates a percentage of the commissions earned by those who sign up under them.
For the sake of this article, I'm not referring to MLM (network marketing) programs with many levels. I'm referring to affiliate programs with no more than two levels.
Since many affiliate marketers don't actively promote their programs, don't sit back and rely on income from second-level commissions, but view it as icing on the cake. You'll have better success with a program if you actively market it yourself.
Some of the most ideal affiliate programs combine the best of both worlds: Products or services that lend themselves to repeat sales, plus residual commissions based on the earnings of those who sign up as resellers under you.
I've done a lot of research on affiliate programs. For a list of the best e-commerce affiliate programs my research has revealed, see: http://AffiliateProfitInfo.com/programs/best.htm
Last Words
The best types of residual income are usually those that you have exclusive rights to or otherwise control. They may be harder and more time-consuming to develop or acquire, but the rewards are usually greater, and the income more stable.
I'm not against earning good, honest, "one-shot" linear income, but given a choice, which would YOU rather do: get paid only once for work you've done through linear income, or get paid repeatedly - perhaps for years or even the rest of your life - for work you've performed only once, through residual income?
About the Author
Check out Marty's directory of only *proven* money-making affiliate programs at: http://AffiliateProfitInfo.com/guide/ His highly-rated book, Internet Marketing Goldmine, reveals powerful Internet success strategies and is available at: http://ProfitInfo.com/
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When You Know How | Network Marketing Works! |
Your guide to tips, resources, opportunities. Get your Free CD the Science of Network Marketing. We can show you how to make it work for you. |
www.network-marketing-works.com |
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Marketing, business - Is Network Marketing Just a Scam? |
Marketing, business - Is Network Marketing Just a Scam? - Entrepreneur.com. |
www.entrepreneur.com |
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Business Opportunities: MLM, Network Marketing, Work at Home |
Listing of Business Opportunities: MLM, Network Marketing, Mail Order, Kiosks and more. |
www.entrepreneur.com |
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Multi-level marketing - Wikipedia, the free encyclopedia |
Multi-level marketing (MLM) (also called network marketing or NM) is a business ... In a typical multi-level marketing or network marketing arrangement, ... |
en.wikipedia.org |
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List of network marketing companies - Wikipedia, the free encyclopedia |
Jump to: navigation, search. This is a list of companies which utilize network marketing, also known as multi-level marketing. ... |
en.wikipedia.org |
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MLM - Network Marketing Business Journal |
MLM industry journal is the oldest, largest MLM newspaper for the newest network marketing, direct sales, homebased income opportunities and articles. |
www.mmmonthly.com |
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The Real Problem with Network Marketing and Multi-Level Marketing ... |
It never ceases to amaze me the extreme polar views on the topic of network marketing and MLM. Some people are passionate about it in the extreme, ... |
entrepreneurs.about.com |
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Network Marketing News ONLINE - Home |
Network Marketing and MLM Tools, Training, and Information - your online resource. Business Opportunity. Free fax-on demand. Free autoresponders. |
www.networkmarketingnews.com |
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MLM Woman Newsletter - The Complete MLM/Network Marketing Resource ... |
MLM Woman Newsletter - The complete resource on the Internet for the MLM Woman and Man. |
www.mlmwoman.com |
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Site Build It! - Network Marketing |
Site Build It! is the only all-in-one site-building, site-hosting, AND site-marketing system of software tools for Network Marketers (MLM). |
networkmarketing.sitesell.com |
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Amazon.com: Your First Year in Network Marketing: Overcome Your ... |
Amazon.com: Your First Year in Network Marketing: Overcome Your Fears, Experience Success, and Achieve Your Dreams!: Books: Mark Yarnell,Rene Reid Yarnell ... |
www.amazon.com |
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Home based buisness ideas, MLM and Network Marketing Business ... |
Home based business ideas. Best home business and home based business ideas.Spiritual marketing your home based business ideas. Namaste. |
www.mlmforums.com |
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Network Marketing: Home |
Special Offer. >> Home. News / Events. 15.08.06: APPOINTMENT OF GREG GUTHRIE. © Copyright Network Marketing 2002, |, Terms of Use, |, Privacy Policy ... |
www.networkmarketing.com.au |
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Specialists in marketing and creative recruitment both agencies ... |
One of the UK's leading marketing recruitment consultancies. Specialists in marketing and creative recruitment both for agencies and clients on a temporary ... |
www.networkmarketingjobs.com |
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Network Marketing Success Now |
Tips and resources to help you build a successful network marketing business online... |
nmsnow.com |
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MLM Network Marketing Resources by Online MLM .com |
Directory of network marketing and direct sales companies. |
www.onlinemlm.com |
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MLM Network Marketing training Randy Gage |
MLM Network Marketing training resources by Randy Gage and other leading MLM industry experts give business building secrets for success in your home ... |
www.networkmarketingtimes.com |
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multi-level marketing |
multi-level marketing (a.k.a. network marketing & referral marketing) ... EVALUATIONS of MLM or Network Marketing Companies, Based on the "5 Red Flags" of a ... |
skepdic.com |
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Network Marketing |
Network Marketing as the basis of a home based business. |
www.homeworking.com |
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Network Marketing Support Services |
Offers resources for the MLM professional. |
www.mlmhelp.com |
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