How to Earn Passive Income Online? Simply Set It Up, Relax And Earn Good Money.
Over the years, we as experts in affiliate marketing have come to the discovery that a recurring passive income is the best when it comes to affiliate marketing. Beefore now, we use to think that making money with websites like Clickbank, JVzoo and Amazon is the best way to make money online from the comfort of our home. But sooner than later, we learned that creating a recurring passive income stream from a reliable affiliate program is something we cannot overlook. This article aims at showing you what recurring passive income is all about and possibly show you the best recurring affiliate program you could ever choose.
What is a recurring passive income?
Before I proceed, let me breakdown the two terms, the term recurring or passive income simply means happening over and over again. When we say recurring, we could mean something that reoccurs over a course of time. In summary, a good example to drive home this point would be, “a DSTV subscription, month after month, people pay to get access to this service.”
And the term income, it simply means the revenue gotten from a certain amount of business transaction, when a company talks about revenue, it simply means the money or profit. So when we say recurring income, we can also say repeating profit.
Now, what do you need to make a recurring passive income?
There are several ways you could earn a recurring income, it can be offline or online, but in this article we are going to be focusing on the online aspect, we going to be learning how to make huge residual or recurring income online. As stated earlier, there are several ways you could make recurring income through various affiliate programs, for example, the aspect of offline, you have probably heard about, products like “forever living products” Amazon Affiliate program, these affiliate programs allows individuals like you to make money from the customers they send to them, if you can send a customer to Amazon and the customer buys, you get paid a certain percentage, same thing applies for the “forever living product” you also get a percentage from sales generated through the sales of their physical products.
However, you can still make money with these types of program, but the only downside is that you have to constantly work to get people to buy. Doing the same work over and over again. if you ask me, I would say this is not a recurring or residual income per say, you have to regularly look for customers to buy through you, I know you would not like this very much especially if you are the lazy type. How about doing the work ONCE and earning over and over again for that same work? This is the key to residual passive income online!
So now what is the solution to make a residual affiliate income without regular work, the answer is, simply look for a program that charges users on a weekly or monthly basis, I mean a product that requires users to constantly pay to keep using the service, just the DSTV scenario mentioned above, you simply join a recurring income affiliate program online, after using the service or program for some time, and if you discover that it is something your friends would like, all you need is to refer them and as long as they keep using the product or service, you will always get paid, I guess you are seeing the beauty of this now, here the reverse is the case, your referrals do the regular subscription from your one time effort and you keep on getting paid without lifting a finger further after they have joined, this is by far the best way to make a recurring income online.
However, there is a problem, we have discovered that so many recurring income affiliate programs come out with high hopes of making you good money for a very long time, only for you to discover that after some time, they pack up and go, all your efforts aimed at earning a residual income has been shattered, you are devastated and feel like giving up, you summon courage, get up again and find yet another very promising program, after some time the same thing happens, at this point in time, you begin to think and you find it hard to join a program.
But never to worry, we have done the hard work for you, we have seen and been working with a very reliable company for a long time, and they are not going to end anytime soon, year after year the success story is always better.
So how do you know a good recurring passive income affiliate program to join?
This question seems to be the most asked by newbie and experienced individuals alike, you never know which affiliate program will turn out best except you try, but we are going to be analyzing some critical elements to spot a reliable recurring income affiliate program to work with, thereby saving you the and energy you would have wasted.
How do you know if a recurring income affiliate program is worth joining?
There are several factors that could be looked at when joining any affiliate program, especially when you are looking for a long lasting recurring income. The first thing to consider is how long a company has spent in offering the service or product you are going to be promoting, for example, a hosting company like Godaddy has been in the business of providing hosting and domain name for a very long time now, their kind of affiliate program is something you can be proud to join.
Secondly, their payment terms and methods, how do they pay? How many percent do they offer? When do they pay? Do they offer seamless payment methods? All these are question you should ask when looking out to join any recurring income affiliate program, you would not want to join a program only to discover that after generating sales, you find it difficult to get your money, always watch out for this when joining any affiliate program.
Thirdly, you have to seek for testimonials of honest users, what do other people say about the program? Have they had any success with it? All these are the few basic things you should always look out for when planning to join a recurring affiliate program.
Finally, we have been able to know what recurring income or residual is, we have outlined some factors to put into consideration when planning to join a recurring or passive income affiliate program.