The Power of Residual Income Membership Sites

The reason that so many marketers have created Private Label Rights Membership Sites is there are few markets online more profitable than the Membership Site Business Model. The most important benefit of owning a membership site is that it creates that elusive residual income.

For years the top Internet Marketing Gurus peddled their wares, one program or one product at a time. These marketers were like traveling salesmen, selling one product to one customers and going to the next house to repeat their sales spiel all over again. These marketers embraced the Amazon.com model that gives you credit for one sale and then the customer belongs to Amazon.com.

Seeing the light before the end of the tunnel, these same top marketers realized that they needed a way to keep their customers. The basic sales strategy is that it is most cost effective to sell to an existing customer than it is to acquire a new customer.

That reality began the big push to create opt-in list. These list are worth their weight in Internet gold. Each customer on an opt-in list represents potential income. In fact some mathematically inclined marketers can predict with accuracy exactly how much money they will make from their huge opt in list as soon as they push the send button.

But true residual income program pay the Business owner like clockwork. Many new Internet Marketers and some of the seasoned marketers miss this important source of income. If a marketer does not leverage his income and focuses on only one type of income, a Google Slap could wipe out ongoing income. If a marketer is dependent on one product or suite of products for their livelihood, when a newer or more innovative product is launched, a highflying new marketer may find that the impressive income disappears overnight

Most affiliate programs pay a one-time commission. With residual income programs like Excel Communications, or the program that sold residential energy, the mantra is that you work hard to day for ongoing income tomorrow. Residual income programs are available for many different products. Products like life insurance sales, to communications or Internet Service Providers, and to some extent hosting companies.

With residual income program, marketers are not required put together a new hyped up

email invitation for every new launch on the Internet. It is not as important to send out a daily email begging for the next sales to a list of individuals who are just about tired of hearing from you.

The money from a residual income program is automatically deducted from your customer’s account and placed into yours. No matter where you happen to be in the world, the payments are automatically added to your merchant account.

This is the reason that Membership Sites are expanding daily on the Internet. In addition to the massive income that some marketers are making, these sites represent a long-term stable income model.

This new business model creates the ultimate in hands off recurring income. Membership sites are the perfect example of a perfect residual income model. This multi-million dollar business model combines the best of Multi-Level Marketing with Internet Marketing.

This new moneymaking trend is spreading like wildfire all over the net. The Internet is quietly transforming from a free for all gold rush to a pay for content enterprise. Those individuals who can stay in front or the trends and profit from that knowledge will indeed become the new millionaires.

This is the business model that 75% of the Top Internet Marketers online have adopted. Of course all Marketers create at least three types of income. But the residual income model is the least intrusive and the most profitable over time. Most top Internet Marketers are using these sites as their retirement income. A membership site with recurring income is in fact the ultimate way to earn a living on the Internet.

The Importance of Residual Marketing

These days it seems all anybody ever talks about is using the internet to promote their business. Obviously, I don’t have to tell you that using the internet to promote your business can be effective however let’s not forget that offline marketing can be just as effective if not more effective. An excellent method of offline advertising is the use of promotional products.

Promotional products are a cost effective and low cost way to get your message across, these items can help you get in front of your customers and more importantly stay there. In this article we will look at the importance of residual marketing.

First, I think it will be helpful to define what is meant by residual marketing. Residual marketing is a way to continually market from a previous effort. That means you receive benefits from your marketing long after the event (tradeshow, outing, conference etc) is over. This is similar to how an actor receives residual income each time his movie is played on TV or a song writer receives income each time her song is played on the radio.

This lingering effect is what gives residual marketing its power and why it is so important. Think about it, you only have to do the work one time however you reap the benefits of your work over and over again. One of the easiest ways to market residually is by using promotional merchandise.

In fact, one of the reasons why promotional products are so cost effective is because of their residual marketing benefits. Let’s say for instance that you send a letter to a prospective client introducing your services. This is the first step in marketing, getting in front of your prospect. The challenge becomes creating a strategy to stay there? What better way to do that than through the use of a fun and functional promotional product that will be used over and over again.

For example, instead of just sending a letter to a prospective client why not include a letter opener or luggage tag or keyboard calendar or jar opener?.

Now, each time they use your item they are gently reminded of your business. They feel good about you and your company, after all who doesn’t like to receive a free gift right? Especially one that is useful.

Now, when the prospective client has a need for your service, they will be more inclined to call you instead of your competition. You see, you only had to market to your prospect once but you received residual benefits because you included a promotional item with your letter. That relatively inexpensive add-in was working for you over and over again without any effort on your part, sort of like a silent salesperson.

Residual Income With Your Home-Based Online Business

Home Business – What to Choose?

A home business is unarguably the most ideal source of income. You can work whenever and wherever you want. Unfortunately, though no matter how ideal, it still has its bad side. You see, only one tenth of home business entrepreneurs are successful. The others are either still working really hard to stabilize their business or are experiencing some level of success but nowhere near their expectations when they first started their business. If you are planning to start your own home business, below is some important information on two of the most popular types of home business.

Multi-level marketing or MLM

According to one of the most respected guys in this industry, if you want to be a successful home business owner or an entrepreneur as a whole, a multi-level marketing business is the best way to start since most MLM companies provide exceptional training when it comes to selling things. With this type, if you have a huge downline, you can stop working and still expect money to keep coming in. The income potential here is truly unlimited. On the bad side, this is also the model of home business that has gained a lot of negative publicity. Those who do not truly understand this model may call it a scam. Besides, the personal ‘selling of products’ part can be repulsive to starters.

Online business or internet marketing

This is what you can literally call ‘working from home’. Since it is online, all you have to do is to sit in front of your computer. Unlike MLM where there is a need to meet people in order to run the business, an online home business enables you to make use of the internet to take care of your customers’ needs. There are numerous ways to start an online business such as marketing your own product or joining an already existing one.

Although both could be highly profitable, one of the most important factors that could determine one’s success is his or her attitude toward a certain model. For example, having an online business, especially if you are marketing your own product and you have an e-commerce site, requires a more than basic knowledge about the computer and the internet. An MLM business on the other hand will sometimes require meet ups, especially for those who are just starting out.

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