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Residual Programs Are Often Best
When choosing between one-time commission programs and residual
programs, always choose residual programs. These allow you to
make one sale to a customer, and then to profit from that
customers repeat or ongoing business with the company, usually
for the life of the customer/business relationship.
Where you may make $100 for a one-time commission, with a
residual program, you may make $100 per month, every month,
just from making one sale. The choice is obvious - residual
programs typically provide you with more income for less
work.
Residual programs that pay for the life of the customer are
better than residual programs that only pay for a set term. You
want to have the income from one sale for as long as
possible.
Generally, a residual income potential exists when you sell
services, such as webhosting, where the customer pays a monthly
fee for the service. Every month that the customer pays the
fees, you earn a commission. However, when the customer stops
paying the fee, you no longer receive a commission for that
customer.
For this reason, it may be best to look for services that are
vitally needed by your potential customers. For instance,
anyone who does business on the Internet has a need for
webhosting, and they don’t want their site to go down, so the
chances are good that this will be a very long residual income
for you.
Telephone services also provide a nice residual income.
Everyone needs their telephone, and most need long distance
services. If you are promoting a company that provides such
services at great prices, then again, this could provide a very
nice long term residual income for you.
However, services that are not long term in nature can also be
good if the commission is high enough. For instance, membership
websites that provide customers with some type of course or
learning experience may provide you with a residual income
while the customer is a member of the site. However, once the
customer feels that they have gleaned all that they can from
that membership site, they will most likely cancel their
membership, which cancels your residual income from that
customer.
Certain types of products can also provide you with long term
or life time residual income. Health care related products,
such as vitamins and medication are good examples of this.
Also, many companies give life time commissions to the
affiliate for every purchase the customer makes - from the very
first purchase - even for different products that the company
sells.
Keep these things in mind when you are searching for programs
to promote. Residual is better than one-time, and life time
residual is better than termed residual. Look for products or
services that will provide you with life time residual
income.
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