Residual
Income Affiliate Programs While regular affiliate programs are still a great way to make money online if you don't want the hassle or hard work of owning and developing your own product.
Residual income affiliate programs are one of the most reliable ways to make consistent monthly income. Residual income is one of the most sort after areas in sales. Residual sales can provide a reliable regular source of income to help toward future planning and even retirement.
With Residual Income Affiliate (RIA) programs you are paid a set amount each month for every customer you have introduced and has carried on using their service.
The services are wide and varied and can be web hosting, online dating or membership sites etc. That is were the power is in these programs, whereas regular affiliate programs you get paid a once off sum for the sale you produce, and after while you tend to run out of buying customers, so you have to quickly move on to another affiliate program to keep trying to make a monthly wage.
For example, lets say you sold a web hosting account and for every sale you get $10. You get a customer to sign up, and they use the merchant's service for say 6 months, you get paid a percentage of the sale for 6 months. At first glance $10 does not seem a lot but after 6 months you have made $60 from this customer. You just need to keep adding customers to provide a nice regular monthly income.
The best thing is, a lot of these services are necessities, therefore, as long as the company provides a good service with value for money there is no reason for the customer to go elsewhere.
Choosing the right Affiliate Program
Find the right topic for you something that interests you and see if there are any good residual affiliate programs in that topic to join, you should be looking for a program that pays over $10 per month. Try to keep away from choosing Internet Marketing related programs. Online dating, health and beauty, education or even web hosting is better.
You will, of course, need to know something about the product or service you are selling because your going to have to do a little bit of writing on the subject.
How do you choose a good affiliate program from a bad one. You have probably heard about some of the scams affiliate program owners have pulled like not paying commissions or stealing traffic, but there are some really good affiliate programs about.
This is what to look for in choosing a Residual Income Affiliate Program:
1. Payment $10 monthly or more. This is critical if you begin by promoting affiliate programs that pay any less, you may have problems breaking even on advertising costs, unless your advertising is free. What you need to aim for advertising your first affiliate program to break even on the first month, if you can break even on the advertising for the first month, you are doing very well. For example: say you spend $100 on advertising, but for that $100 you get 10 new sign ups for your affiliate program at $10 each e so that's $100 a month there, plus on top of that you get 100 new subscribers to your mailing list to contact anytime you have new offers.
2. Any emails are answered promptly. Email them and ask them questions about their affiliate program, if don't hear back from them promptly or not at all, this a sure sign that thay do not take their affiliate program seriously. The for support you and your future customers will probably bad. If they answer their emails quickly and are knowledgeable and to point, then this is a good sign to join with confidence.
3. Make certain that their product meets your own standards. It is generally best to used the product yourself and found it useful; otherwise it will be extremely difficult to write positive things about it in your write up
4. Check that they have not got a bad reputation concerning treatment of their affiliates or customers service. You will be fighting an uphill battle if there are bad issues here.
Finally
Residual Income Affiliate Programs are the easiest and fastest way to provide residual income streams. There is no customer support, no emails to answer or anything like that. You promote it and collect the pay checks! Instead of promoting 40 or 50 one off sale affiliate programs, you can promote 10 to 12 monthly programs instead.
Make your goal to get 500 paying monthly customers by the end of 12 months. Being very conservative let us say that each of those 500 people only sign up for a $10 affiliate program you are promoting, but that's 500 by 10? $5000 a month! And that is on total autopilot.
There are hundreds of people doing just that! They are now doing what ever they want! Because every month some nice big cheques arrive in the mail...isn't it about time you joined them?
About The Author: John Burrows operates a number of websites including www.affiliatehomebusiness.infoholder.com
