18 Feb 2008 04:01:40 | Stephanie Hetu
(or how I increased my monthly revenue while sitting at the
beach in Africa
)
Last week, I read a very cool case study written by Anik Singal
(sorry, cant give you the link to the case study, it is
available only inside his exclusive Affiliate Classroom, which I
highly recommend, by the way
http://www.membership-site-reviews.com/affiliateclassroom.html )
where he was explaining how last month, while being very sick,
he still managed to create a 4800$ RESIDUAL income.
I found his report very cool, because Anik has a way with words,
and he was telling exactly what I am trying to teach on my site
about promoting or starting a membership site : it is one of the
BEST way to create RESIDUAL income online!
I know many people, when they hear the word residual, they
have a bad taste in their mouth, mostly because they have tried
and failed big time in MLM, where they often promise you
extremely high residual income but where in fact, only a few
people at the top make real money. Been there, done that. I
think every single affiliate marketer has been down this road at
some point. Why? Because mlm is everywhere, and the recruiting
is very heavy online.
But what if I could teach you a way to build REAL residual
income? And what if I told you that you DONT have to buy a
starter kit
or to buy expensive products every month?
It is totally doable, and it wont cost you a cent. Let me
explain.
..
How to do it : make the best choice
..
There are two types of affiliate programs online : the ones that
pay a one-time commission, and the ones that pay a residual
commission.
The difference? For the SAME EFFORT, the first option brings in
a one-time income, and the second option brings in a MONTHLY
income.
Think about it, if you had to choose, which one would you
promote? Residual commission affiliate programs, of course!
Let me repeat this, it is extremely important : for the same
EFFORT, you get paid EACH MONTH instead of only once!
..
What is the secret?
..
There are no secret
only one very interesting way to create
that residual income : membership sites.
Membership sites are not for everyone, of course, but let me
show you the two options you have (one for the lazy guy, another
for the creative one!)
1.The creative option If you have a real passion, in a
profitable niche, you can create your own membership site. The
one thing I hear a lot is yeah..but people wont PAY for
content, there are so much free stuff online!. This is
absolutely FALSE. Why? Because time is money. Yes, there are
tons of free content online, but in it theres a lot of crappy
content too! In our busy world, people are HAPPY to pay to get
the real information quickly.
Of course, you have to offer great value for the money, but it
is totally possible to create a very successful membership site.
Many are doing it right now, and making real big bucks too!
Think about this : lets say you start a site about info product
creation and you decide to charge 27$ per month to your members.
Well, once you have 100 members, you will be making 2700$ per
MONTH! This is much better then doing 27$ once, when you sell an
ebook.
Some will argue that it takes a real big effort to provide fresh
new content each month. Let me tell you this : for my own
membership site, I dont do everything myself. Each month I set
aside a part of my revenue and reinvest it in the site for fresh
content. This way I can pay a few writers and specialists to
help me out!
2.The lazy option If you are not really interested in starting
your own membership site, the lazy option is this : promote
someone elses membership site! You see, most membership sites
has an affiliate program in place. Why not take advantage of it?
The real big difference is that instead of getting paid once, as
I mentioned earlier, most membership site affiliate programs pay
you a residual monthly commission.
Think about this : if a membership site pays 50% commission to
its affiliates, you get exactly the same share of profit then
the membership site owner, and all you have to do is promote it!
..
Conclusion
..
By now, you should be convinced that promoting membership sites,
or starting your own, is a great way to increase your monthly
revenue. Even if finding those membership sites to promote is
not easy, it is worth the extra research time!
..
Hey
but what about the beach in Africa?
..
Nearly forgot to mention it. Great headline dont you think?
Just kidding here. Well, it is totally true! I spent 2 weeks in
Africa, doing a tour, and I stayed a few nights at a luxury
resort on the beach. And while I was there, I did not have to
worry about money, because I new that I was making some more
even while I was away! Not only my monthly income is insured, it
is always growing because my advertising campaigns are on
autopilot!
Ok, I cant guarantee you will make millions of money tomorrow
by promoting membership sites, but you should really try it,
its a lot of fun and you will be very happy you did, a year
from now, when you will have a steady monthly income coming in ;)
Your partner in online success,
Stephanie Hetu
This article can be reprinted as long as the resource box stays
intact.
About Author :
Stephanie Hetu owns her own membership site. Her passion for the
subject has led her to create a unique site about
membership
sites (!) where she reviews tools to start a your own, and
membership sites you can promote. To receive her membership site
reviews, subscribe here (theres a gift with it!) :
http://www.membership-site-reviews.com/newsletter.html