How to Find a Residual Income Opportunity For Monthly Paychecks
April 10th, 2011 Filed under: residual income opportunities — Small Home Business Author
Okay, for starters, if you do not know what residual income is, let me give you the short version. Residual income is money you keep getting month after month once you’ve made an affiliate sale. There are many services and affiliate programs that charge a recurring fee. As an affiliate, once you’ve made a sale for them, they will pay you a percentage of those recurring fees month after month. This is why many affiliates are looking for a residual income opportunity or two to add to their portfolio.
Now that you know what residual income is, how do you go about finding a residual income opportunity? You could search the Internet for affiliate programs that pay recurring fees and give their affiliates a percentage of those fees each month. That would take you quite a while. Plus, not all of these programs are created equal. Some will pay you only for a few months up to a year.
The residual income opportunity you’re looking for should pay you for as long as the people you refer keep paying their monthly fees. The real advantage to this is that when someone signs up to be a Member of a website or signs up for a subscription, they aren’t quick to discontinue that service. I have many referrals that I’ve been collecting income off of for 18 months or longer. Have they forgotten about the service? Do they see that charge on their credit card month after month? I don’t know and honestly I don’t care. A lot of people forget they ever signed up for these subscriptions and memberships and do not cancel them. This is why you can earn residual income off of them for a long time. Others find value in these services and keep paying until they feel that they do not need them any longer.
As stated above, some of the best opportunities on the Internet are subscriptions and memberships. Look at the websites where you’re a member and see if they offer to pay recurring affiliate commissions month after month for each person your refer. If they do, then you’re headed in the right direction. Now all you need to do is work out a plan to promote this service so more people will sign up for it. The more people you sign up, the more you’ll earn each month as long as they stay a Member.
Chances are very good that you’ve seen some of these type of affiliate programs around but did not have a clue that they paid their affiliates recurring commissions. If you liked their service, then you should have no problem telling others about it and getting them signed up.
Info brokers like Clickbank are also another great source for finding programs that pay recurring commissions. Many of these affiliate programs have Membership requirements or subscription requirements. You’ll find that these will pay anywhere from 10% to 25% monthly recurring affiliate commissions. Not bad for signing a few people up each month! Plus, over time, you commissions will grow and grow as more and more people sign up.
One of the easiest programs to promote and to make money from is the affiliate program at The Keyword Academy. It’s really easy to promote because their initial offer for new Members wanting to learn how to build a niche website using AdSense (called the Keyword Crash Course) is only $1.
This helps you bring in a lot of people and many of those will go on to become full Members once they see the quality of the content offered in the course. Then, each month as they pay their monthly fee, you’ll get a handsome percentage of that. As you can see, it will only take a few signups per month with a program like this to bring in some serious money for you.
Now you have some information if you’re serious about adding a residual income opportunity to your portfolio. Once you get you feet wet and see how much you can earn, you’ll find out like I have that recurring affiliate commissions can be addictive!
One of the easiest programs to get started making residual income is the Keyword Crash Course. This affiliate program pays recurring affiliate commissions and has one Tier. That means that not only will you get paid for everyone who signs up under you, but you’ll also get paid a whopping 20% of the the fees for the people they sign up! To learn more and take advantage of this great affiliate program, Click here to get started today.
Tony Travis is an Internet marketer who has built up an impressive amount of passive residual income with affiliate marketing programs that pay recurring monthly commissions. He helps beginners learn the ropes and get started making money by finding the right residual income opportunity for them.
