If you followed my previous post, you will already get my concept that it’s crucial to have income sources that give you passive income over and over again.
And if you missed it, here’s the article again:
As I mentioned, a majority of your efforts in Internet Marketing should be targeted at generating a recurring or residual income.
And here are my 5 surefire tips to help you squeeze the most of your recurring affiliate programs.
1) Promote high value, qualified products
The first rule does not only affect recurring commission products, but also applies to any affiliate products you’re promoting.
Remember, it is the benefits your referred customers receive to warrant them to continue investing in their recurring products.
2) Squeeze more money with closed-door affiliate programs.
Closed-door affiliate programs are those that require you to buy their products to be their affiliates. You are not going to be charged an arm and a leg to join; but you do need to find the good ones to join.
Here’s something you may not know about closed-door affiliate programs. They are generally to convert better!
Because you get lower chances of “getting crashed”- Ouch, another dude’s promoting exact the same product to your prospects!
There’s also less chance for Internet pickpockets to steal your affiliate commissions by simply replacing your affiliate links with theirs, because only customers get permissions to promote the products.
“But you’re kidding me! It cost me money to join an affiliate program?!”
Well, many public affiliate programs pay you less money (for example, they may not pay you on backend sales) or not convert as well as the closed-door ones, so this all balances out.
In life it’s hard to break the “sowing / reaping” principle, the “you get what you pay for” rule.
3) Pick out services that existing customers unlikely to stop recurring subscriptions
Impossible? Okay, I’ll show you some. Most products of this kind are technical related services.
As you know, I promoted a site called 3waylinks in my previous newsletter. It is a service that can help your sites rank well in Google. Each of the sites gets 250 “one-way” backlinks, which will have a great impact on search engine rankings, especially for Google.
So what if the member stops his recurring payment? The “one-way” backlinks will get disappeared immediately the day his account expires.
Another good example is Viral Link Tracker, a nice tool that can cloak affiliate links, track signups & sales conversions.
Think about it. When people got all their cloaked affiliate links spread on the Internet, do you consider they will ever think of canceling the service and make all their links invalid?
4) Bonus bribery strategy
This strategy is so simple but works. Offer your prospects some bonuses if they sign up under you rather than others!
How many resale rights products do you have in your hard disk? I guess a dozen of, right? Pick out the ones that related to the recurring products you’re promoting.
Ask your referrals to provide you their payment receipts and give them your resale products bonuses to download.
5) Help your referrals to benefit more!
After some time of hard promotion, you probably get quite a few referred recurring customers. And as you may noticed, many of these recurring affiliate programs allow you to contact with your referrals. Make use of this powerful feature! Introduce yourself to them, share your tips, make friends with them and get them stay longer for their subscriptions.
It’s not as hard as you think – show your personal experience with that recurring product, how you take advantage of it, how you benefit from it. Your referral will be truly thankful to you for helping them and more loyal.
Here I list the exact recurring commission products that I make money with:
Private label club (this one converts like crazy!)
Viral Link Tracker
Free Traffic Bar (get very high qualified traffic from this program)
LeadsLeap (my pro ad gets more than 400 clicks every month)
I’m always pleased to hear what you think of residual income affiliate marketing here. Just comment and share your thoughts below.
Tags: Affiliate Marketing
, recurring income