Residual Income Online

Many people dream of how to make residual income online for life – a source, or sources, of continuous revenue that requires little or no effort to manage. Some dreamers envision such a possibility utilizing the internet to develop a residual income online. The truth is that you can develop residual income from on-line businesses, but no one on-line income is likely to be sustainable for life.

Making residual income online can be modest or fairly significant. Success depends on what amount of time you put into
developing the revenue stream(s), keeping information or services or products fresh, and being a continuous student of trends in internet enterprises.

To earn residual income online you will need a website to put your business in front of everybody to see. Here you can get 2 Free Websites that you can setup in a couple of minutes. You can start any type of business you like and if you are stuck on ideas then start the 1st one with affiliate marketing, all training provided. Remember NO Credit Card Required.

Potential residual on-line income sources:

Affiliate marketing:

Search the internet for how to make residual income online opportunities and you will inevitably come across affiliate marketing. This is a process of utilizing blogging and a website (or websites) to promote products for a percentage of the cut when a product or service is sold.

Through any of the on-line broker services, you can register with on-line merchants to market their products as an affiliate. Products are advertised on your blog or website and you earn a commission when a viewer links through your website or blog to the merchant and purchases products or services.

Affiliate marketing is fairly easy to set up and requires little in terms of capital investment. Once set up, your biggest responsibility is keeping the website/blog content fresh and relevant to viewers in order to sustain traffic to the website or blog.

Licensing photos and music:

You may be a gifted photographer or musician looking for additional ways to market your products and generate ongoing revenue. Consider licensing your photos and music through one of the royalty-free websites specializing in stock photos and music.

Each time a customer purchases the right to use your photo or music, you receive a small royalty for each file download. It is possible to build a lucrative portfolio that generates a substantial side income. You also may begin gaining recognition for your talents as your name is identified through the stock photos and music web sites. A click on your name brings up other images from your portfolio, generating additional marketing potential.

eBooks, eProducts, eCourses:

Are you knowledgeable about a specific topic or a techno-wizard with the gift of translating technical information into easy-to-understand written content? Perhaps you have created an instructional CD or DVD series, or software, or an app, or an on-line course.

Consider using your website or one of the on-line commerce companies to market your products. The eBook of how you simplified the genealogical search process may be a problem solver for someone else. You may be a “somewhat established” mystery author seeking to expand your readership. One way of doing this is to write a mini-book in eBook format and market it for a very modest amount to whet the reader’s appetite for your newest full-length novel.

Creating an on-line course can also be an interesting way of generating residual income. You can market the course on your web site and augment the course with blogs and webinars to maintain and expand client interest. The amount you charge will depend on the unique content, your skills and reputation.

You may be able to charge between one hundred and even several thousand dollars for each product. Or you may develop a course for access and distribution on another company’s web site; income from each sale of your course generates residual/passive income for you.

Something for nothing?

There is no quick way to generate residual income online. It cannot be accomplished by creating a product or building a web site then not tending to it.

Realistically, you (or your virtual assistant) will have to do some work with any on-line enterprises in order to generate and sustain residual income. Consumer needs and interests fluctuate nearly as rapidly as technology evolves.

You must become a student of change, noting what works in your marketing strategies, when web content needs to be refreshed or replaced, or sensing when to change product offerings.

Successful entrepreneurs are those with persistence. You can be easily discouraged and give up at the first disappointment or the slowness, or the modest initial returns for your efforts. Or you can persist, re-evaluate, and make adjustments to your marketing strategy or web content. You can develop residual on-line income streams. We look forward to hearing about your first successes!

If you found this post helpful (or not) please feel free to leave a comment or question below and I will get back to you as soon as possible.