Income that continues to be produced automatically for you as a result of past marketing or promotion efforts. Building a solid foundation of residual income can make you very wealthy because rather than being paid only ONCE for promotional activities, you get paid repeatedly, usually for life. You may have heard the term,
lifetime commissions.
There are many claims being made on the Internet today about residual income opportunities, especially in MLM and network marketing programs. New and even experienced marketers must be very careful to select a residual income program that can truly deliver on its claims. The easiest way to do this is to seek out the opinions and experiences of people involved in the program which you’re interested.
A great example of a
residual income program in action is Ken Evoy’s
5 Pillar Program.
Ken offers lifetime commissions for affiliates that refer web visitors who buy one or more products. When a customer buys due to your web referral, that customer belongs to you forever. Even if the customer never revisits your web site again! Once they buy with your affiliate id, you have permanent commission rights. You are rewarded every time that customer buys. And you should be, because the hardest part of sales is acquiring the customer.
Residual income is very powerful. Done correctly, quality RI programs can produce a flood of income. As guru Ken Evoy states, “It builds true equity in any business.”
Three Excellent Residual Income programs:
Ken Evoy’s 5 Pillar Program (Two-tier Affiliate Program)
Internet Marketing Center’s Two-tier Affiliate Program
Matt Gagnon’s Direct Networking Team