Why Affiliate Programs?
A good source of residual income is being in good of affiliate programs. In case you don’t know what residual income is, it is income that keeps coming in month after month without you having to do anything – in other words, on auto-pilot. Once you have your marketing in place and promote the affiliate programs in one way or another, you will get commissions from anyone who purchases the product, service or program you are in.
What are Affiliate Programs?
Affiliate programs are programs that you sign up for (a lot are free to sign up), then you will have access to the programs’ back offices some affiliate programs have pre written ads banners or other types of ads to place. When you sign up, you are given a affiliate link. When you place an ad with your affiliate link and someone clicks on it, it takes them to your affiliate page, and if they purchase anything, the affiliate company will pay you the commission.
This way, you can get paid for advertising without having to think up a good ad, or set up a website for the selling their products. If you can place the ads in the right places, where they will get a lot of traffic, then you will be able to earn good commissions from the ads.
What kind of Affiliate Programs should you look for
There are three kinds of affiliate programs that are really good ones to join:
1- Products or services that people need and want
2- Products or services that have residual income
3- Affiliate programs that have two-tier or more pay-outs.
You will need to have a variety of programs to cover all of these types.
If you think you can earn enough money by just by relying on your primary opportunity, you will be missing out on so much more! Don’t be left out! Don’t sell yourself short! Months or years from now, you could be wishing you had done more to bring in multiple streams of residual income, instead of settling for just one source!
If you are interested in learning more about how to get involved with affiliate programs, sign up for our newletter, so that you can start getting of on the right foot.