Passive residual income is just about an automatic money generator as you can get. Residual income pays you over and over again after you make the initial sale. Some of these programs will even pay you several layers deep. So not only will you get paid for everyone you refer, but you’ll also get a piece of the pie for everyone your referrals sign up.
If passive residual income is your goal, then you need to locate programs that pay recurring commissions on each sale. This is the quickest way of building pass residual income.
Affiliate programs that pay recurring commissions generally fall into either subscription based websites or Membership sites that charge a monthly fee. Some Internet based software also charge monthly fees and pay recurring commissions.
The way passive residual income works with affiliate programs is like this. Let’s say you have an affiliate link on your site to a online software company and you make a sale. This software requires users to sign up as members in order to use their software every month.
Affiliate programs that pay recurring commissions differ from the traditional affiliate programs. Instead of getting paid once to make a sale, you’ll get commissions off of one sale month after month. For as long as the people you refer keep paying their monthly dues, you should be getting those checks in the mail every month.
Is it becoming clear why so many affiliate marketers focus on building passive residual income? Once you make the initial sale, you just keep receiving money month after month and it’s hands off!
Tiered affiliate programs are a real bonus. These are programs that pay you a percentage of the recurring fees that the people you sign up go out and sign up people under them! You’re now getting commissions on the people you signed up as well as the people they sign up. Some affiliate programs may pay up to 3 levels deep. This means you’ll get commissions from your referral, plus from the people they sign up and even the people they sign up as well! This is a huge opportunity to build wealth quickly by leveraging other people’s work.
This is the way smart Affiliate marketers build up wealth that keeps coming in month after month. Because once the initial sale is made, all they have to do is set back and watch the money roll in month after month. You can see how powerful this wealth building tool is just by having a few people each month sign up. With just a few signups per month, it won’t be long until you realize you have a pretty good monthly check that comes in month after month.
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