If you’ve been hearing people talk about residual income opportunities, then you know that they exist. The question is “Which opportunities are right for you?”
Money is a great thing. It pays the bills, puts food on the table, and most of all, it’s great to have extra so you can take a vacation! If you haven’t taken a vacation in 4 years then listen up.
You can afford to learn more about what residual income is and how it works. If someone put $20 in your hand every month after you sold one t-shirt would you think that’s odd?
Well, the truth is, it isn’t. Residual income means that you’ve done something once and you get paid over and over for that ONE action.
Today, I’ll share with you some great opportunities to help you earn residual income. You’ll be surprised at just how easy this really is.
What Are the Best Residual Income Opportunities
You want to know how to earn more money, but you don’t want to go out and get a second or third job. This is all too common among Americans these days, so why not research your alternatives?
I would be shocked if you told me that you had never heard about residual income opportunities. Here are some of the best and most common opportunities available to you right now.
1. Affiliate Marketing. This is one of the most common ways to earn residual income. If you are marketing as an affiliate, it means that you are promoting products for someone else. Essentially, you are finding a need and meeting it. Think about all of the things you use all of the time, or products you love to buy. Tons of retailers have affiliate programs and are willing to let you earn commission for sales made through your website. Retailers do this because they can spend less on major advertising. Take a moment right now to scan the bottom of websites like www.jcp.com, www.amazon.com, and many others. You’ll see “affiliate program”. Click on that, and take a moment to read it. It takes a little work upfront, and over time you could earn thousands.
2. Build an email list. Once you start making sales, you can easily market to those you’ve already sold items to. Building an email list takes time, but it can be done. Over time this will benefit you tremendously. The more names and email addresses you collect, the more folks you’ll have to market to. Focus on target audiences, or in other words, focus on creating a list for those who love food, wine, or even gourmet coffee. Whatever you choose to sell, you’ll know who your audience is. Market to them over and over, and eventually they’ll buy as long as the first experience was a good one!
3. Membership sites. Memberships are a big deal, and they are an easy way to make money. The key with a membership site is to offer something to your audience. Are you an expert at something? Offer advice or products that go hand in hand with it, and charge a fee to join. Over time, you’ll grow a huge audience, and they are most likely to renew as long as you continue to give them what you promised.
These are all great options, and there are so many to choose from. The possibilities are endless. Take some time to explore them! You’ll be so grateful that you took the time to research your options with these amazing residual income opportunities!