What is Residual Marketing?
To put in plain English it’s when you find a product or service that has recurring income. When you start to explore affiliate marketing one of the things people first think of is places that physical Products. But what People Fail to look at when they are building there Internet Marketing Strategies is that do not look at digital products that offer recurring income or what we call residual marketing.
It’s ok to build your affiliate marketing business selling physical products as well but you need to look at other places as well to diversify your online portfolio places like clickbank and paydotcom are good places to find products or services that have residual income.
The reason I stress this so much is because when you build a recurring income stream it almost becomes like passive income. You only have to promote the product once and people will stay on average with the program 6 to 8 months. Let me give you an example look at netflix, this is a service that a lot people use and I bet money that people who subscribe to netflix stay on for years to come. Promoting a product similar to this that gives you monthly commission is ideal. These type of residual marketing promotions can compound over time and can give a financial earnings a lot higher than promoting products that only have a one time payment.
So things to look for when you want to do this. The company or the person you are promoting should have a good reputation in the industry. This will lead to people staying with the membership a lot longer and you’ll make more money. The monthly payout doesn’t have to be very high I have promoted recurring commission products that only pay me $7 a month but if you compound that over time that can be a nice chunk of change so don’t get hung up on high payouts, they may be nice to have but lower monthly fee’s in general people will pay for months sometimes years to come. So Start looking into residual marketing and add that to your business.
