Affiliate marketing is a good solution for people who don’t run their businesses and don’t offer goods, but they are skilled marketers who know how to run a successful campaign. What's more, affiliate marketing can bring you a substantial profit, but it requires some effort at the beginning. It’s like creating a viral Christmas song. If you manage to create a great piece, you can get recurring payments for a long, long time.
Affiliate online marketing is extremely lucrative for the top affiliates who have mastered the game. Ever wonder why the super affiliates are raking it in and you're still struggling with affiliate programs?
It is an advantage to have a website with good traffic and a program related to the theme of the web site. It is also important to have a large email list to which you can recommend your program. However, successful affiliates do not get rich for these reasons alone.
The main reason top affiliates succeed so well is that they choose to promote programs that have residual or lifetime commissions and NOT commissions for single sales only.
What happens in most affiliate programs is that the company which owns the product pays the affiliate for a single sale only. Sometimes, these programs are 2-tier. However, the principle remains the same — one sale, one commission.
Therefore, super affiliates choose to promote programs with residual or lifetime commissions. That is, they make a sale of a product which requires constant renewal — such as web hosting every month or a health product for a specific remedy. That way, the affiliate does the work once and gets paid over and over in the future on the basis of that one sale.
The best programs are the small number that offer lifetime commissions. These programs allow you to keep the customer for life after you make one sale to that person. So you may sell an eBook in the first instance and the customer comes back in perhaps a year or two and buys something else from the same company. As the customer is "yours", you will get the commission.
In this way, the residual and lifetime commissions mount up and continue to grow for the same amount of work.
Definitely, a case of "work smarter, not harder".
Many of these super affiliates could stop work now and continue to earn an income similar to what they are making today on the basis of these residual/lifetime programs.
Check out my 3-Step Commission Challenge below to get started with building your own residual income source now!