Types of passive income streams to build online:
1. Affiliate Programs - passive income is derived from setting up a web site that presells a companies’ products.
The parent company provides the products, tracks the sales and gives you a commission for each sale. Find companies that offer large commissions, and will track clients for multiple sales over a long period of time (ie lifetime) so you can get recurring commissions. Make sure they offer multiple tiers (at least 2) for sales. ie you still get paid if one of your affiliates makes a sale.
One of the best examples is the 5 Pillar Affiliate Program
from Ken Envoy.
He offers a number of great products with high commissions with excellent sales materials and content to help you presell his products.
2. Information Products - the web is great place to create an ebook that explains 'How to" information ie How to start an online business, How to buy a car without getting ripped off..anything that makes life easier for people. People are hungry for information, therefore if there is a need, you can create an ebook and sell it on the Net.
1. Affiliate Programs - passive income is derived from setting up a web site that presells a companies’ products.
The parent company provides the products, tracks the sales and gives you a commission for each sale. Find companies that offer large commissions, and will track clients for multiple sales over a long period of time (ie lifetime) so you can get recurring commissions. Make sure they offer multiple tiers (at least 2) for sales. ie you still get paid if one of your affiliates makes a sale.
One of the best examples is the 5 Pillar Affiliate Program
from Ken Envoy.
He offers a number of great products with high commissions with excellent sales materials and content to help you presell his products.
2. Information Products - the web is great place to create an ebook that explains 'How to" information ie How to start an online business, How to buy a car without getting ripped off..anything that makes life easier for people. People are hungry for information, therefore if there is a need, you can create an ebook and sell it on the Net.
Affiliate Programes - Earning Online
Reviewed by BARI.0492
on
December 11, 2011
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