How To Create Residual Income For Free
First of all, what is residual income? Residual income is income earned on an ongoing basis for effort done once in the past. That sounds good! There are quite a lot of companies on the internet offering to help you create a residual income & the prices for their ‘help’ can vary from about $40 to $100+. These companies employ various methods to create this income but my personal favourite is affiliate marketing. But you don’t have to pay! What is affiliate marketing? Affiliate marketing is selling products for companies, to earn a commission which can be as high as 75%. If you’ve already heard of affiliate marketing you might be thinking ‘No Thanks, too much competition out there’. Yes, there are a lot of affiliates worldwide, but 75-80% of them join an affiliate program and then wait for the money to roll in - but it doesn’t! To be a successful affiliate requires some hard work to begin with – then you can sit back and reap the benefits.
1,245,000,000 internet users worldwide!! Yes, one and a quarter billion potential customers! Even the best high street stores don’t have that kind of traffic passing their doors every single day. But, of course, it’s no good if this traffic passes the door. You need then to come in and look. And then you need then to BUY. This is where you have to market the product.
This is the ‘work’ bit but don’t panic, it’s not too difficult. Some of the affiliate-friendly affiliate companies provide FREE, ready-made web pages, which they host on their site, with your affiliate link already in place. Apart from taking care of the ‘technical stuff’ for you it also means you don’t need your own website. The main work required by you at this point is to write an article or blog. Good affiliate sites will contain hints, tips and strategies to help with this & other kinds of marketing. One free site I know of, even provides classified ads to copy &paste. But I digress – back to articles – there are a lot of article sites on the internet which provide free articles to use. 18,000 articles on one site 7,000 articles on another Etc… etc… These articles may not be suitable or of good enough quality to use but they can provide ideas of where to start. There are step by step guides to writing articles which help with the structure and there are sites which will write the article for you. Now you can watch the money rolling in! You have now created a stream of residual income – all free.
Several other streams can be created now and as your confidence grows you can continue growing. In fact, I know you will because you will have been bitten by the bug. As your knowledge grows you can go back and improve your articles and other forms of marketing to create even more income. How much you earn will depend on how much time you spend on it but you can start small with no experience and receive expert help and guidance for free. What are you waiting for?.