Kick Back and Enjoy the Residual Income Flow with These 3 Ninja Techniques I’ve always been intrigued by people who successfully earn an online residual income. The idea of being able to complete work once and then have it earn me money on an ongoing basis is massively appealing. I bet your interest level has just perked up too! In order for you to use the Internet to establish residual income for yourself, what you have to do is create a system that will continuously generate revenue without you having to put forth a whole lot of effort. This may sound like a Herculean task, which it is not, but the initial phase of creating your online moneymaking system does require some hard work and savoirfaire. This article is going to assume that you already have an established means of making money online and will then give you helpful tips and techniques for how you can transform that revenue into residual income. Sell the rights to your products If you’ve developed and produced your own products, such as some type of software or an eBook, then what you can do is sell people the rights to those products so that they can start selling them too. Not only is this a great way to get your products in front of a wider audience and build up your brand, but you can also generate residual income from doing this because when you sell people the rights to your products, you charge them a percentage of each sale that they make. Or, another tactic would be to sell people a license to sell your products for a designated duration of time, and then once that time has passed, they would have to pay more to renew the license. Join tier 2 affiliate programs If you become involved with affiliate marketing, you will be promoting other people’s goods and services, and on each sale that you make, you will earn a commission. Tier 2 affiliate marketing is even more lucrative because in addition to the commission that you earn on the sales that you generate, you will also earn a commission on the sales that are generated by any affiliates who were referred by you. So as a result, the more people that you recruit, the more residual income you earn. PPC advertisements Standing for payperclick, PPC ads can be a great way to easily monetize your website or blog. All you have to do is join the Google AdSense program, which you can do for free at Google.com/adsense. Once your publisher status has been approved, you will be given a code that you can put on your website wherever you would like advertisements to appear. Advertisers will then able to place their textual ads on your site, and each time that one of your site’s visitors clicks on one of the ads, you will earn a share of the generated profit from Google.
As you can see, there are multiple techniques that you can employ to start living the dream and earn residual income online. As a final note, I want to mention a fantastic product called the Action Enforcer, which is time management software that you can use to double your productivity, guaranteed. As you delve deeper into the world of online moneymaking, you may find yourself feeling overwhelmed by all that you need to accomplish, especially at first, but with the Action Enforcer by your site, you’ll be able to knock all of your endeavors out of the park and at record time.