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Smartest Residual Income Opportunities


Are you looking for the smartest residual income opportunities that you can do online? You should know that you are not alone in this search. More and more people are becoming convinced that going to work for other people and clocking time in an office every weekday is not going to get them rich in the long run. That is why these people are looking for the smartest residual income opportunities that they can work on during their spare time and which will enable them to leave their day jobs for good.

So, what are the smartest residual income opportunities out there and how do you find them? It really depends on you what kind of opportunity you are searching for, but a single Google search on residual income opportunities will generate a lot of different results. Most common of these results are MLM or network marketing schemes and Internet affiliate business opportunities.

Network Marketing

There are many ways by which you can do network marketing, as each network often has its own system of how it does business. Basically, however, network marketing involves promoting products and moving sales down a network. In a network, there are so-called “uplines” and “downlines.” When you join a network, your uplines are the people who recruited you and those people positioned up in the network. When you start recruiting people, these people will be your downlines.

Network marketing is a good opportunity for residual income. When you build a big enough network of downlines and products are moving steadily down your network, you will continue earning from your network long after you have given up recruiting people in it. Your challenge here is to build a network that is big and stable enough so you will enjoy your residual income in the long run.

Affiliate Marketing

Just like network marketing, affiliate marketing involves moving products and services. But instead of building a network for this purpose, you get to build a website for promoting your products and for building opt-in mailing lists. Your profits depend largely on the traffic that you will generate through methods like social networking, article marketing and pay-per-click campaigns.

Affiliate marketing is a great venture that can become a steady source of residual income. You just need to make sure that traffic keeps coming to your landing and squeeze pages and that you are getting repeat sales from clients.

There are many smart residual income opportunities that you can find online. It is a matter of choosing which residual income opportunities you are going to work on, and giving it all you have got until the business is stable enough to generate the profits that you desire.

The first step when you launch your online business is your personal blog. When you start to build it, make sure to get away from a dead fish effect, which will scare away your visitors. Click the link to WordPress blog secrets to find out more.

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Search For Great Residual Income Opportunities

Residual Income

residual income
Thanks to the age of the internet, there are many online residual income opportunities and ways to start-up an online business today. You can find a business opportunity that you will be able to create an ongoing income even when you are not working. This has been come to be known as a residual income opportunity. We will take a closer look at two residual income opportunities in this article.

When talking about residual income opportunities two different systems come to mind, online network marketing and two tier affiliate marketing programs. They are both ways you will be able to get paid on the efforts of others by recruiting people under you.

Quite a few people have probably heard of online network marketing. It is also known as multi level marketing, or mlm. In this type of business you recruit a down line of distributors and get paid on their purchases and sales. You will also earn an income on the sales of distributors that they recruit. Many multi-level marketing programs will pay you several levels deep. This is a great residual income opportunity because you get paid over and over after your effort is completed.

With network marketing, to create a residual income you are going to have to spend most of your time recruiting. This can be time spent on personal recruits and helping your downline along in there recruiting efforts.You will need also need to spend some quality time on training for your group. As you can see it does not take to many personal recruits to build a very large sales force. As your group continuous to grow so can your residual income.

The difference between two tier affiliate marketing programs and network marketing is that in affiliate marketing you only get paid on your sales and the sales of your personal recruits. You do not earn money on the sales of affiliates that they recruit. Affiliate marketing can still be a great residual income opportunity to create an instant income. As you get more websites and affiliates recruited you can still earn residual income over and over for years to come on all products sold. The key to creating a residual income with affiliate marketing is three things :

The first is create and manage a large number of personal web sites. Second, recruit quality “top gun” affiliates to sell for you. And third is to start your own affiliate marketing program.

Although you do not get the benefits of a large downline several levels deep like network marketing provides, you can still make a very large income with affiliate marketing.

In summary two tier affiliate marketing and network marketing are both excellent residual income opportunities you just need to find the right one that will hold your interest.

Copyright (c) 2008 Jim Suzak

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The author is a professional internet marketer that uses multiple streams of income and has achieved residual income success. Check-out his website Residual Income Opportunities for more details and get your FREE tips and residual income opportunity newsletters. –>

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