Earn Passive Residual Income Using Affiliate Programs
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Passive residual income is just about an automatic money generator as you can get. Residual income pays you over and over again after you make the initial sale. Some of these programs will even pay you several layers deep. So not only will you get paid for everyone you refer, but you’ll also get a piece of the pie for everyone your referrals sign up.
Why should you choose an affiliate program that pays recurring commissions rather than one that pays a commission just once? Good question. The answer is obvious if you want to build a portfolio that pays you passive residual income.
Affiliate programs that pay recurring commissions generally fall into either subscription based websites or Membership sites that charge a monthly fee. Some Internet based software also charge monthly fees and pay recurring commissions.
The way passive residual income works with affiliate programs is like this. Let’s say you have an affiliate link on your site to a online software company and you make a sale. This software requires users to sign up as members in order to use their software every month.
Unlike the traditional affiliate commission rate schedule that only pays you once, with recurring affiliate commissions you pay you a percentage of the monthly fee for as long as your referral remains a subscriber. If they keep renewing their membership for 3 years, you get paid a percentage of that monthly fee for three years.
Is it becoming clear why so many affiliate marketers focus on building passive residual income? Once you make the initial sale, you just keep receiving money month after month and it’s hands off!
As an added bonus, some recurring affiliate programs will pay several layers deep, called tiers. Let’s say that user you signed up also goes out and signs people up to the program. Now not only do you get a percentage of that users monthly fee, but you get a percentage of the monthly fee of the people they signed up as well. Not bad for making just one affiliate sale!
This is the way smart Affiliate marketers build up wealth that keeps coming in month after month. Because once the initial sale is made, all they have to do is set back and watch the money roll in month after month. You can see how powerful this wealth building tool is just by having a few people each month sign up. With just a few signups per month, it won’t be long until you realize you have a pretty good monthly check that comes in month after month.
