Creating Residual Income With Affiliate Marketing
By: © Trent Brownrigg
It is very well known that affiliate marketing is one of the
easiest and fastest ways to get started making money from a home
based business of your own.
There is no need for research, development, customer service,
shipping, or anything else most businesses have to do because these
are done by the products creator. You, as the affiliate only have to
do the marketing. And, in many cases the merchant will even provide
marketing materials and resources for you.
Affiliate marketing can be great for fast profits, but what about
long term residual income?
Think about it for a minute... You as the affiliate do a lot of work
getting interested prospects to the product sales page through your
affiliate link and hope the prospect buys so you get the commissions.
But what happens after that?
You must then repeat the process all over again to get more affiliate
sales and make more money. All of this work is done again and again
for every sale to get your commission.
This can be quite expensive depending on how much it is costing you
to get the leads to the sales page and the conversion ratio of that
With that in mind, what can you as an affiliate do to increase your
return on investment for leads and qualified prospects, and make more
money in the long run?
Here are two very good things you can do:
First, as an affiliate marketer in any niche you should set up your
own lead capture page to build your own list of targeted prospects.
This can be done simply by using an autoresponder where visitors will
put in their names and email addresses to receive information from
you. Give away a free report or a review of the product as an
enticement for visitors so they will opt-in to your list.
Your autoresponder should be set up with 7 to 10 follow-up messages
outlining the benefits and giving more information on the product you
are promoting. There should also be some other value in your
follow-up so people want to stay on your list.
When you have your own list you can send endorsements of other
related products every once in a while so you can continue to make
money from the prospects you worked so hard to get. This is much more
profitable than just sending them to the affiliate product sales page
once, hoping they buy and then they are gone.
The Second way to create residual income as an affiliate marketer is
to promote affiliate products or services in your niche that have
recurring monthly charges.
A truly awesome way to maximize your earnings is by gaining residual,
or recurring, income instead of a one time sale.
Think about it, you are already spending your time and resources
promoting products to make money as an affiliate marketer, so why not
promote something that will give you residual income? You do the work
once and get paid over and over again from it.
Promoting membership sites, network marketing programs, web hosting
or other services that require the customer to pay monthly is a great
way to build residual income for yourself. Ideally these are what
you, as an affiliate marketer, should be looking to promote.
That's all there is to it. Affiliate marketing is a great way to
start your own home based business and make money online. It's even
better when you create long-term residual income from it! However,
you can't make money if you don't take action so go get started as an
affiliate marketer right now!
© 2007 Trent Brownrigg. All rights reserved.
About the author:
Trent Brownrigg is a successful affiliate marketer and home business
mentor. Get your free "biz tips" newsletter, hundreds of business
articles, free ebooks, home business opportunities, business
resources, and much more at his website
http://www.work-at-home-jobs-iowa.com and be sure to grab your copy
of Residual Income Secrets Exposed at http://r-i-s-e.com