Are you among the people that need to earn recurring income to ease monetary pressures that you could be under due to this recession? In the process would you like to accumulate some real wealth? Here's a quick test on affiliate marketing.. Here are 2 internet marketing methods, you choose which is better. Let's see if you can decide which one will bring in more income?
In the 1st eventuality we get one hundred clicks to make a sale. Every sale kicks out $100 in income. The return rate is a low five percent. At $.80 per click, what is going to be the return on your first $100 investment?
You need a hundred clicks to make a sale. Each sale pays a hundred dollars plus a once per month commission of $10. There's a five percent refund rate and the average monthly subs lasts four months. If you pay $0.80 per click, how much money will you make per $100 investment?
O.K, in the first example it might cost $80 to get one sale. So you would make $20 minus the five pc refund rate so ending up with an ROI of $19. That's not such a bad investment. Now, in the second example you get the exact same result for the sale -- $80, but your net profit is far more impressive due to that four months worth of passive income. You'd still get the $19 ROI on your initial $100 investment, but here you make that extra $40 a 59% return on investment.
Passive Income Can Change Your Life
Check out any good affiliate's selling model you'll soon discover the only time they will offer a product that pays only once for the initial sale is when they can turn that sale into making more money longterm. Many will offer a free report if you buy this product through their affiliate link. Where the leverage comes in is when they gather your customer info from their landing-page. What they are giving you for free came from you giving something for free too! A targeted opt-in list is often worth up to 5 bucks per name each month to its owner. It is quite possible there will be a later upsell offered through an e-mail that gives them the opportunity to earn yet another commission.
Super affiliates will often target promoting products which will appear to only pay an one off commission, but in fact turn out to pay a significant amount in monthly recurring income. What you can learn from this exercise is that if an affiliate marketing product does have a continual opportunity to earn additional income, you should probably go for it. It's the most notable difference between an overwhelming 59% ROI or an a lot less galvanizing 19%.
Worry-Free Wealth Stems from Multiple Residual Income Streams
The famous Nile is the longest tributary on Earth. If you look down from space you can see it and its two main tributaries quite obviously. Yes, it is that big. What you do not see from outer space is all the thousands of small streams and brooks that run in to the Nile and there are countless thousands of them. All that water from those thousands of tiny streams is what converges to make the Nile so enormous.
By accepting that many little streams of income can build to create a stream of wealth you must take your affiliate marketing attempts to a higher level. Start by promoting products that pay residual monthly income on top of a preliminary commission. Don't be tempted by other products, these are the ones that may create wealth in the longer term. After only a few months you will see these little flows of income turn into a major flood of income. The great thing about passive monthly income is that you never start a month broke.
You will never start the month from scratch having to work out what you've got to do to make cash to cover the bills. It will already be waiting in your account. You'll have the ultimate in economic peace of mind.
In the 1st eventuality we get one hundred clicks to make a sale. Every sale kicks out $100 in income. The return rate is a low five percent. At $.80 per click, what is going to be the return on your first $100 investment?
You need a hundred clicks to make a sale. Each sale pays a hundred dollars plus a once per month commission of $10. There's a five percent refund rate and the average monthly subs lasts four months. If you pay $0.80 per click, how much money will you make per $100 investment?
O.K, in the first example it might cost $80 to get one sale. So you would make $20 minus the five pc refund rate so ending up with an ROI of $19. That's not such a bad investment. Now, in the second example you get the exact same result for the sale -- $80, but your net profit is far more impressive due to that four months worth of passive income. You'd still get the $19 ROI on your initial $100 investment, but here you make that extra $40 a 59% return on investment.
Passive Income Can Change Your Life
Check out any good affiliate's selling model you'll soon discover the only time they will offer a product that pays only once for the initial sale is when they can turn that sale into making more money longterm. Many will offer a free report if you buy this product through their affiliate link. Where the leverage comes in is when they gather your customer info from their landing-page. What they are giving you for free came from you giving something for free too! A targeted opt-in list is often worth up to 5 bucks per name each month to its owner. It is quite possible there will be a later upsell offered through an e-mail that gives them the opportunity to earn yet another commission.
Super affiliates will often target promoting products which will appear to only pay an one off commission, but in fact turn out to pay a significant amount in monthly recurring income. What you can learn from this exercise is that if an affiliate marketing product does have a continual opportunity to earn additional income, you should probably go for it. It's the most notable difference between an overwhelming 59% ROI or an a lot less galvanizing 19%.
Worry-Free Wealth Stems from Multiple Residual Income Streams
The famous Nile is the longest tributary on Earth. If you look down from space you can see it and its two main tributaries quite obviously. Yes, it is that big. What you do not see from outer space is all the thousands of small streams and brooks that run in to the Nile and there are countless thousands of them. All that water from those thousands of tiny streams is what converges to make the Nile so enormous.
By accepting that many little streams of income can build to create a stream of wealth you must take your affiliate marketing attempts to a higher level. Start by promoting products that pay residual monthly income on top of a preliminary commission. Don't be tempted by other products, these are the ones that may create wealth in the longer term. After only a few months you will see these little flows of income turn into a major flood of income. The great thing about passive monthly income is that you never start a month broke.
You will never start the month from scratch having to work out what you've got to do to make cash to cover the bills. It will already be waiting in your account. You'll have the ultimate in economic peace of mind.
About the Author:
Creating multiple online streams of residual income can change your life. Find out the best way to grow your river at the Network Marketing Success Tips blog.
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