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One of the best advantages of an web based business is to be able to earn income automatically. This means doing the work once and earning revenue for it time and time again. There is nothing more satisfying than the feeling you get when you check your emails and see that you have earned money while you asleep or while you were away on holiday . And an ever better feeling is knowing that it is going to happen again and again. The basic principle for recurring income is that you do the work once and then that work is repeated on autopilot for you, generating income , month in month out . So, what do you need to be able to generate a residual income online? Sell Recurring Income Products. Residual income products repeatedly bill customers on a regular schedule. These can include, software licenses, subscriptions, membership sites and newsletters. Although the first upfront affiliate commissions may be less than a one-off product sale, you will generate income from one residual product sale every month and that soon becomes a tidy amount. You can locate a large selection of passive products in the online marketplace Clickbank. plenty of successful online marketers know that the secret to long-term success in online marketing is generating consistent commissions each month . Depending on how long the customer subscribes to the product, and how often they are invoiced, this means that you as an affiliate could earn regular commissions for years or months at a time! To find residual income products on Clickbank, log into your account (if you don't have an account, they are free to set up) and click on Marketplace. Select the Category of product you would like to promote and then choose 'Recurring Billing' from the Product Type dropdown menu and click Go. Get An Autoreponder You can generate recurring income online with an autorepsonder and a good sales funnel. An autoresponder is a piece of software that works for you 24/7 . You set up a set of messages once and then any person who opts in to your customer list, no matter when or from where they are located , receives that entire series of messages automatically. Your sales funnel is the process a person goes through to buy your products . research shows, a person needs to see seven messages before they buy. This is where your autoresponder works for you by emailing your sales funnel messages, which in turn convert prospects into sales. Automate Your Traffic As an affiliate marketer , you can generate passive income online by automating your website traffic . Pay-per-click is a great method to generate automated traffic. You create an effective campaign with targeted keywords and then let it run. With PPC you can set the limits on how many clicks you want and how much you pay over what period. You can also set up a similar automatic marketing campaign with ezine advertising. Once you have an advertisement and an ezine that generates you results, place a standing order with the publisher and let your advert and the publisher do the work for you. Having a regular stream of income allows you to test new niches and regularly test new products and promotional techniques to see what is most effective for you. For this reason, promoting residual income products can be a path to long term income for many online marketers . When building an online business there can seem to be a mountain of obstacles to climb - from understanding search engine optimisation to blogging, from pay per click advertising to social media marketing, from finding the right products to sell to finding customers to buy them, the list goes on. To learn how to quickly and easily get your online business started click here.
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