Thursday, July 10, 2008
Why would you need to have Multiple Income Streams? In this article I want to point out the importance of developing multiple income streams as an affiliate marketer.
As we all know, the easiest way to start an online business is to sign up for a good affiliate program. A program, that offers you 40% to 75 % commission. The best way to find that kind of affiliate product, is to go through all the affiliate programs in ClickBank. Look up the data of the affiliate programs, to find the one, that offer high commission. Choose a program you feel comfortable with, to promote.
But that is not enough to make a substantial income online. You need at least three to five or more affiliate programs that you will promote on the Internet, to develope multiple income streams. And some of those should make you a residual income.
A residual income is, where you get paid a certain amount each month. This is achieved by signing up with an affiliate program that is a membership site or something similar. You will then earn a residual income as long as your buyer stays as a member for that particular site. You will also get a quick commission on top of the residual income. This quick commission is the one time commission you will get for the person who signed into the membership under you.
If you have let say six income streams, that would be six affiliate programs you are involved in, you need to start promoting these products. If your budget is low to zero, the best way is to write articles. A lot of them. At least one a day for each affiliate program you signed up for.
It's not as hard as it sounds. Get familiar with the products you will promote and write down every idea of a title, that comes into your mind, while you are examining them. Then write about 500 words containing some tips and profitable advices about whatever the title of your article will be. Let the words flow, as if you are explaining it to someone.
Of course, there is an easier way to get Multiple Income Streams. There are programs out there with built-in multiple income streams and a step-by-step instruction on what to do. This way you would only have to write one to three articles a day for one program, which then includes the six income streams in your resource box. That's where you wirte a short eye-popping 'ad' about the program you are referring to with a link to your website or the website of that program. See my resource box below as an example.
Do the math. Article marketing gives you an average income of $20 a month per article you write and submit. If you write one article a day for your affiliate product, you are promoting 6 income streams every day with that one article. That is 30 articles a month times 6 income streams equals 180 marketing efforts for your affiliate product per month. 180 times $20 equals $3,600 per month, give or take. If you are writing 2 to 3 articles a day you can double and triple your income.
Keep in mind though, that it always takes a while until the money comes in. Your articles have to get around for some time first, before they make you some money.
If you don't give up and continue submitting one to three articles a day, you will soon be successful. This is the most reliable and fastest marketing method on the Internet.
Do it. Start right now. All it takes is to write at least one article a day and submit it to the 20 most popular ezine and article directories. It's worth the effort and you will get better at it with each article you write. Soon it will only take you 15 minutes or less to write a good informative article. Don't postpone. Start today!
http://www.pluginprofitsite.com/main-22762
Thursday, July 10, 2008
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