Archive for the 'residual income opportunities' Category
Residual income opportunities all involve receiving a long term, continuing income after you did the work. In general, residual income opportunities come in two distinct varieties.
MLM Income Opportunities — This is were the most important part of your income derives from your downline's sales or purchasing activities. Your primary activity will be promoting your business opportunity.
Affiliate Residual Income Opportunities — This is where an important part of your income derives from the subscription sales of your customers. Your primary activity will be promoting the products your company offers.
This is not to say that there is a clear-cut distinction between the two varieties of residual income opportunities. Many programs combine and emphasize both retail sales and downline building.
Some people involved in MLM income opportunities do sell a lot of the company's products. For example, Shaklee is an MLM company with well know products that many people who are not distributors use.
And, some affiliate programs allow you to receive income from a downline. For example, Commission River is a telecom affiliate program that allows you to recruit new representatives and pays on three levels. Also, SiteSell, an integrated website services provider for average people who want some extra income, pays on 2 levels.
There are lots of residual income opportunities for you to choose from. Lifetime Commissions is one website dedicated to affiliate programs offering residual income and has catalogued several hundred programs in a variety of niches. You can probably find residual income opportunities in any niche you are interested in.
The main reason many people seek to promote residual income opportunities is that they allow them to continue to receive an income over a long period of time while the work to establish that income in performed just once. This means that a one-time effort will produce a long term income stream.
A repeating income over the course of months, or even years, is what a residual income is all about.
And, finding business opportunities that produce a residual income is the goal of most savvy marketers. In fact, n early every Internet marketing guru is an expert at getting people into a residual income opportunities.
Residual income opportunities exist in many fields. I began by promoting long distance phone service. Then, I added additional telecommunications services like T1 lines. These products provide residual income opportunities. In fact, you’ll find that product or service that is billed monthly can produce a residual income for you.
Membership sites are another on the great residual income opportunities. And, there are many different types of membership sites. Here are just a few:
- Traffic Exchanges A traffic exchange is a membership site where you can join for free or as a paid member. You surf through other members’ sites to earn credits to display your site to other members. Paid members get more credits for surfing and get monthly credits. As you bring paid members to the traffic exchanges you earn a monthly residual income from each paid member.
- PLR Sites PLR or public label rights sites provide members with pre-written articles, ebooks, and software that can you, as a member can claim as your own. You can rewrite it or put it into a new media. As you bring in new members, you earn a monthly residual income.
- Training Sites Everyone needs to learn more about their line of work. Training sites appeal especially to Internet marketers who want to learn to make money on the Internet. A savvy training site owner can always find new training material to help retain existing members. A nd, as you bring in new members, you’ll earn a residual income.
So, as you can see, there are lots of different residual income opportunities for your to promote.
I’ll try to keep you up to date on some of the newest and best residual income opportunities you can get involved with that can help build your own residual income.