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Below are the 3 most recent journal entries recorded in residualin5's InsaneJournal:

    Sunday, June 7th, 2009
    9:14 am
    The Economy Is Making It Hard To Earn A Good Income. Online Residual Programs Can Solve That!

    If you listen to the news right now, or watch much television, you would think it is impossible to earn an income Online residual programs have ignored that premise and given many newcomers to the Internet a way to make money that comes in regularly from directing their friends and acquaintances to some great products.
    Of course, once someone sees the benefits of earning residual money this way, they will want to go way beyond telling friends and family. In effect, the income earning process gains momentum since one sale leads to the next.

    Working with online residual offers can actually entail giving away products. How hard is that, right?
    By giving away a quality item or service for free, the recipient is very receptive for more information that might not be totally free. Thus you have earned commissions without ever doing more than just directing them to a free resource.

    Once you have grasped how easy working a residual opportunity can be, you can explore all kinds of ways to get the word out, while comfortably directing all your activities from home. This makes it particularly appealing for stay at home moms, dads and retired people.
    At the very least, it can add supplemental income to your family income. Who wouldn’t like to have enough money coming in every month, and growing, to cover a mortgage or a couple of car payments?

    The real attraction is that there is no limit on your ability to increase this month to month income. Success really is limited only by your imagination.
    So, throw out the gloom and doom newspapers. Turn off the nay-saying television anchor people and look around online for good residual income programs.


    There is a lot of information on the web about how to increase your income. Online residual programs are there; you just need to know where to look

    9:00 am
    So You Want To Be A Residual Income Affiliate? Beware!

    You are smart; you know that getting ongoing payments for referring a buyer is the way to go. But not all programs that offer you a seemingly attractive deal as a residual income affiliate are a good place to spend your resources.

    The first red flag is when the commission is really high. Sure everyone is tuned into higher commission structures. But sometimes this is just a sign that the product is hard to sell, and the vendor knows it. These are not necessarily bad products, but unless you have the ability to drive an enormous amount of traffic to a program, do not do this. It will drain you fast.
    Another type of residual program you might question has to do what the quality of the vendor’s website.  Take the time to look at their sales page. If it does not look like it will convert visitors to customers, pass on it, and go to another merchant. Or, contact the merchant and ask them if you create your own site promoting their product that directs the buyer to their shopping cart, whether they will honor that arrangement.

    Take a look at the competition you might have in any affiliate program. Check out the number of pay per click ads and see how effective they look. Your goal is to find a saleable product that does not have an overwhelming number of competing affiliates.
    When you think you have found a good program, check out their affiliate tools. If they have a lot of creative ideas, that is something you want to take advantage of. If they are seemingly inexperienced with offering affiliates good resources, then you have to decide if you can overcome their deficiency.

    In the end it pays to listen to your intuition on these type of situations. And, referrals are even better if you have friends making money from a program. Don’t find yourself having spent a lot of time and money, and not getting paid.

     

    8:57 am
    How To Build Residual Income And Do Others A Service In the Process

    You are a savvy business person and you know one of the secrets to success will happen for you if you build residual income streams. But, what if you could also be a super nice person, helping others in the process and accomplish the same goal? Sounds like a win – win situation, doesn’t it?

    Information is the currency of the Internet. Everyone starts looking for good, valuable information when they go on-line. So you are going to give it to them.

    At first it is a natural inclination to want to keep your cards close to the vest and not tell others much about your techniques and tricks. But, what if you could share information and make money from doing that?
    This is really a simple idea, but it works like crazy. Simply lay your knowledge out and share freely. Maybe you don’t have to be highly clear on some of the specifics, but you give the big picture. And, you give resource links and suggestions to venders that can make it happen.

    These are the type of services that operate month to month for a client. For instance, maybe you suggested that pay per click advertising was the way to promote a restaurant. You are an affiliate of a consulting firm that does that type of work very successfully. The person taking your advice gets good information from a trusted source - you, and you get rewarded for sharing how you use this service.
    The consensus among smart on-line marketers is that you can lay out a lot of very valuable information for free to people, and still make sales to them because most people do not want to implement detailed plans.

    So, my suggestion is to be open with your information. The people who like it, but realize they will never find time or motivation to complete it, will use your sources. And hopefully, you are using affiliate programs that offer residual income.

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