Friday, April 6, 2012
Business opportunity with residual income, affiliate marketing
You hear a lot about business opportunities with residual income, particularly online. But what are these wonderful opportunities and how do you find them?
One of the best business opportunities with residual income is affiliate marketing. Affiliate marketing is a business to the board where you send people to an offer.
When someone buys the site on which you sent, you can get a commission.
There are all kinds of things you can promote as an affiliate. Some of the products that you can promote digital products are. Digital products can be downloaded immediately when someone buys. This can be ebooks or software.
You can also sign up to become an affiliate to many places that also sells physical products. Places like Amazon.fr and many others offer affiliate programs. These programs work the same way as a digital affiliate program. If you send someone on a website and they buy, you receive a commission.
Why is it that these are excellent options for residual income? Because it is easy to start with them. You can start a business in affiliate marketing with very little money, usually less than 70 euros. Another great advantage of this type of case is that you do not need to store any product, you do not have to manage claims and returns and you do not have to worry about customer service . All this is provided by the company with whom you have signed to become an affiliate.
To get the residual income, you need to find programs where you promote a product that has a recurring billing cycle. For example, if you become an affiliate for a site for members, you can earn residual income. If someone subscribes to this type of site you can receive a commission every month as long as he remains a member. You do the work once and you get paid multiple times. This is what makes a residual income is a business model so powerful.
As an affiliate, you need to set up a website that offers information about the products you're promoting (this is where the initial capital will come into play). Once people visit your site, the idea is to provide more information and a link to the vendor's site where they can make a purchase. When you do that, you can send traffic to this site.
Ultimately, you can do very little extra work and yet still receive commission checks regularly. Although you will still have to work, you will not have to do a lot more to earn more money. And, if you have been promoting pay-access sites only, you might not have to do extra work at all. If you have enough sales and that they remain subscribers to pay-access sites, you might have enough monthly income to avoid having to do anything else.
So you can really find a business opportunity with residual income online. There are many, this is a great way to build your business.