Multiple Passive Income Streams | Wealth Creation

passive income streamsAre you one of many individuals that would like to create multiple passive income streams to help pay the bills during these stressful money times?

If are considering this and need more information about how it works and where to start, read on and see if this clicks the switch for you!

Take this fast affiliate marketing test, but I’m going to warn you, it contains some mathematics. Let’s see how you do, it isn’t too difficult!

Are you ready?  Consider the following 2 common, real-world marketing strategies. Your job is to work out which one will be more provide a higher return in the long run.

In one promoting scenario, it takes one hundred clicks on your ad or link to make a sale. The commission received once that sale is created is $100. The ordinary refund rate for the item is five percent. If you pay eighty cents per click, what’s going to be the return on your first sale (I did say there was math involved!)?

In the other scheme, again it takes one hundred clicks to make a sale. Each sale again pays a $100 commission, PLUS a once per month commission of $10 for a subscription. There’s a five percent refund rate and the average regular subscription lasts for four months. If you pay $0.80 per click in this example, what amount of cash will you make upon your first sale?

OK, in the 1st example it would cost you $80 for your clicks to make one sale. So you would make $20 minus the 5% refund rate thus ending up with $19, in other words, an ROI of 23%  That’s not such a bad investment.

Now, in the second example you get the same result for the initial sale — $19, but your net profit is far more inspiring because of that 4 months worth of subscription commissions.  On that recurring subscription commission, you will make that extra $40…. for a total of a 73% return on investment!

This recurring, or monthly commission is referred to as Passive or Residual Income.

 

Passive Income Streams Makea A Giant Difference!

Learn from the masters.  If you were to examine any Super Affiliate’s promoting model, you’ll soon find out the only time they are going to offer a product that pays only once for the first sale, is when they can leverage that sale into making extra cash.  Let me explain.

Plenty will supply a free report or special bonus if you buy this product through their affiliate link.  The leverage part of the equation comes in when they collect your opt in info from their selling page.  What they are giving you for free involved you giving something away for free too, your contact information!  A targeted opt-in list is very often worth up to five dollars per name each month to its owner.  Many times there will be a later upsell offered through an e-mail that gives them the chance to earn yet one more commission.

The heavy hitters in the affiliate internet marketing business take it one step further.  They focus on promoting a product which provides a commission from one sale, but go on to supply an upsell to something that provides a monthly residual income, such as a membership site.

So the key to the best affiliate marketing success strategy isn’t about the first commission, it’s about what follows later on. Can you blame them? In this example, it’s the most notable difference between 23% and 73% investment return.

 

Multiple Passive Income Streams can form a Waterfall of Residual Income!

passive income streamsThink about a river, being fed by streams and tributaries.  The more water that flows into it, the larger it gets, and the faster the current goes.

Taking your affiliate marketing income to the next level is often a matter of making your own RIVER of income by creating multiple, little streams of income.

Start promoting services and products that pay a once a month residual income. And only those products. And then simply kick back and watch the wizardry occur.

Because when you have residual income coming in – you never start the month at nil! Think about that.

No more wondering how much your income will be and whether you will be in a position to pay the bills.  Your passive income will soon build up to be enough to cover the bills before you even start on any other income-producing projects.

If you are wondering how to go about finding and promoting these types of affiliate programs and don’t know where to start, I will show you the easiest place to get started.  It’s where I got started.  It is a simple to follow to system, it works, AND it pays out 100% commissions.  Plus, I have tons of resources and training to provide to you to help you be successful.

Let’s start creating your River!

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Live your Best Life!

Julie Becker

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Comments

  1. says

    That is the secret to the wealthy: Leveraged Passive Residual Income!

    There are few business, where an average person like me, can earn a passive residual income, but you’ve got it Julie.

    Thanks for your post

    • iget4236 says

      Let’s do it Ralf! I love this business because it allows ‘ordinary’ people like you and I to do ‘Extaordinary’ Things!!!

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