Why Earn Both Residual Income and Affiliate Income Online?
There are two main forms of income that you can get online. One is the income from direct sales. Direct sales revenue gives you an immediate profit on a sale. A good example of this is affiliate membership. Someone clicks on your link and you get a sales commission. eBay is another example. Someone buys one of your products and you make a sale.
Residual income is a type of income that continues to pay you for the work you did once. People who write a book or song can earn residual income from their unique effort. Wealth creators like Donald Trump and Robert Kiyosaki (rich father) teach that residual income is an important way to generate long-term income. Like a CD or IRA, residual income can be considered as an investment.
Network marketing is also a form of residual income. Not only do you make a sale once, but you benefit from the sale over and over again, since the distributor you subscribed now buys products and subscribes to more distributors in your company. Network marketing is a powerful and legitimate form of business, especially if you understand that network marketing is a form of residual income.
For most people, it takes time to generate a substantial monthly income stream only from their network marketing company. Many people enter network marketing in the hope of making quick money, but that usually only works for a few bestselling people. For the rest of us, it takes time to build a good business. You must provide your network with residual marketing income at least several years before obtaining a benefit that allows you to quit your job.
I discovered that the best solution is to create multiple revenue streams by associating network marketing with affiliate marketing. The two forms of online income can work together to get immediate cash to live on, while building your long-term residual income from wealth.
With affiliate marketing, you use affiliate links to earn commissions on the product of another person or company, without the hassle of selling and delivering your own product. You can promote several or even many products and services, and you will earn a percentage of the purchases made by the people you refer.
There are many affiliate programs on the Internet, and some of them are not very legitimate, so it is very important to choose the right companies. You also want to find the type of products that will work with your network marketing program, to improve your online business.
The hard part is learning how to market those affiliate revenue sources (as well as your main network marketing business) on the Internet. Fortunately I can show you how to do it. See my links below for more information.
I found a new company that has created a marketing system that works with two of the best-tested, legitimate and low-cost network marketing companies today, as well as a large free program and several affiliate programs. For more information about this great new program, go to [http://power-income-opportunity.com] now.