| |
|
|
| Webmaster Resources: Internet Marketing Information | |
|
|
|
The Five Golden Keys To Massive Passive Income
You can earn a large monthly passive income with a minimum knowledge of the Internet, sales or marketing. In fact, you don't even have to have a website to be successful. Before I discuss the three important keys to massive passive income and how NOT to lose money, I would like to begin by defining passive income. Like many people I had read lots of articles and listened to several speakers talk about Passive Income. Whether you work a regular 9-to-5 job or are self-employed, you earn a salary based on the hours you work. For most people, if you take-off on a 30-day vacation, chances are you will not be paid. Passive income is an income revenue stream that you have created that operates 24/7 - it operates without you and is an automatic cash machine. One example of an income stream is affiliate programs. The first step for creating your income stream is finding an affiliate program. You can find affiliate programs online by searching the Internet or by reading articles like this. With affiliate programs you have no employees, no inventory, no stock to ship and very little expenses. Now imagine flying to beautiful Hawaii and enjoying golden sunsets. You stretch out at the beach, soaking in the warmth of the sun and the days slip by and there are no thoughts or cares in the world to disturb your private oasis. Eventually, two-weeks later, you return home and sort through the mail. To your delight you have several checks from your affiliate programs. With gladness and excitement you go to the bank and deposit your weekly income. This is the fun and joy of working with affiliate programs. Most affiliate programs are free and cost nothing to sign-up. If you find an affiliate program that charges a fee to start-up, then I would suggest holding-off with that program into you learn more about affiliate programs. Do not confuse this with MLM (multi-level-marketing) programs. MLM programs are not passive income streams. These programs require more marketing and having inventory or buying product monthly. The second important key is "Help People Get Healthy and the Income Will Follow". Or in other words, create a win-win for the customer and for you. Provide a product or service that people want and the income will follow. If you focus only on the money and not your customer, then your financial gains will be short term. Affiliate programs offer a variety of products or services. Programs can include health products, satellite TV service, movie rentals, hosting services, e-books and the list goes on. Pick a program that is of interest to you and has a broad appeal for men or women. The third key to success is creating two or more passive income streams. With multiple income streams you can better manage the fluctuation of your income. Stockbrokers will tell you the same - diversify your income. Back in 2002 I had only ONE program and it was generating over $5,000 per month. Life was grand and I was just starting to build my nest egg. Then, the FDA stepped in and shut the company down. In 2002 this was my main income. My income went from $5,000 to $200 per month. Needless to say, my lifestyle changed very dramatically. You don't have to make this same mistake to learn how important it is to diversify with two or more programs. Once you have selected an affiliate program you'll want to do a little bit of marketing to get the income flowing. There are a variety of methods to market an affiliate program. I'll discuss only one method in this article because it is the least used and easiest to do. I have one affiliate program that is a natural, organic skin care and cosmetic line. In addition, this company provides each affiliate with their own unique web link to advertise. NOTE: This unique web address is the company's affiliate program website - this is not my website. To promote this program I printed up 1,000 business cards with the description of the product, my unique web address, my phone number and email address. I hand out these cards to EVERYONE I meet. With this kind of marketing you can hand cards to your mechanic, grocery clerk, florist, dry cleaner, dentist, church members and more people. Imagine handing out one thousand cards per month and how much income that will generate. Anybody can earn a passive income. You, on the other hand, have the three important keys to massive passive income. One, find an affiliate program; two, provide a product or service that customers want and create a win-win, and three, add a second program, then another. Oh yeah, step four is deposit your checks and step five is take a vacation to Hawaii. Copyright 2005 Wayne McDonald Wayne McDonald is a Life Practitioner and Public Speaker with tips and ideas to expand your money consciousness. Subscribe today to Insider Secrets - Winning The "Money" Game at http://www.OurFamilysHealth.com/moneynews
Add to these social bookmarking sites: 
MORE RESOURCES:
Google News |
|
|
|
RELATED ARTICLES
Online Marketing: Math or Myth? The numbers are supposed to be big in online marketing, but are they significant in the online marketing of music? Clearly, we need someone with 'Net experience to set a few things straight. Scott Meldrum is a businessperson and musician with a dry wit and a background in bulk mail. How A 7 Year Old Boy Discovered The Secret To Niche Marketing Success Niche marketing enthusiast.. How To Build a Successful Online Reputation After running an online business (web site design) for a number of years I built a reputation online that helps me to gain and retain a continuous flow of customers. I had no online reputation when beginning my business, but was able to build it up step by step over the last few years. Internet Marketing: 5 Innovative Internet Marketing Strategies To Generate Tons Of Orders There are two different groups of online marketers.First group: those who are making lots of sales and piles of cash daily. Capture Names - They Are Like GOLD Nuggets!! A landing page is used to capture people's details when they come to your website.It helps to sort out the serious lookers from the curious!If people come to your website and they aren't really that interested in what you have to offer, then they probably won't give you their details to have a look at the inside. What Big Pharma Can Teach You About Niche Marketing A recent newspaper review of a new book, Selling Sickness, got me thinking about niche marketing (The Globe and Mail, Saturday, August 6, 2005, D8-D9). The book in question considers case studies that purport to show how "Big Pharma" (the entire pharmaceutical industry, from manufacturers to drug salespeople) manipulates data to "create" a disease that they have the "cure" for. 7 Simple Steps To Web Wealth A lot of people and companies have websites. They also have products and services they want people to know about. Traditional Mediums versus Search Engine Positioning Banner Advertising:Paying $15 for a 1000 impressions on a high traffic website. Sounds like good exposure for a low price? It is! After all you will have a 1000 unique people view your banner. Viral Marketing Strategies Viral Marketing is allowing people to giveaway and use your free product or service in order to multiply your marketing quickly over the internet. The idea behind viral marketing is that you include your ad with the freebie people giveaway or use. Idiotic Marketers Who Waste Time Should be Shot Ok, that's a little harsh for a title but you know what?Sometimes I feel like pulling my hair out when I think about this phenomena.You see. Five Top Tips For A Prosperous 2004 According to many market forecasts, 2004 is likely to be a buoyant year online. These are my top tips for making the most of it, and ensuring a happy, healthy and prosperous 2004. Take the Direct Route to Internet Gurudom - Are you tired of chasing down publishers just to get a few of your articles distributed? - Do you wonder where those Article Announce emails you faithfully send out *really* end up? - Is the monthly search for fresh email newsletter content giving you premature gray hairs?Well, friend, I have good news.Now, there's a way to instantly reach scads of appreciative readers who can't wait to put your content on their "categorically-correct" websites!Now, instead of putting in hours of O/T the night before your Ezine release, you can locate five high-quality articles to share with your readership audience in less than fifteen minutes. What a Billionaire Balloonist Taught Me About Internet Marketing Billionaire Richard Branson, the entrepreneur behind the Virgin brand, is one of the world's most successful and adventurous businessmen. Not being satisfied to run several highly profitable businesses Branson also engages in occasional feats of courage, or stupidity, depending on your stand point!I read his autobiography recently and discovered something that perfectly sums up what it takes to achieve success on the Internet. What is Guerrilla Marketing? The history of these battles is the history of guerrilla warfare.There are similar stories in business. 12 Steps to Creating a Business Online "E-commerce"A word pervading our society, making headlines around the world, and causing the stock market to rise and fall with startling ease.It seems every business news story centers on some technology company's "DOT-com" or "DOT-bomb"!With all the positive and negative hoopla, business owners of any size company can throw up their hands and feel the "E" world has left them behind. Benefit By Helping Others Plus How To Create Urgency So People Buy Now Many people don't have the time or skills to write and create ebooks to give away to their web site visitors. Giving away ebooks from your web site can easily increase traffic and sales. 7 Tips to Help Internet Marketers To make a living online is the dream of many internet marketers.How do you do this? Unfortunately, if you want to expedite the process, you need to spend some money. Triple Your Profits Easily With The Right USP Convinced you have a fantastic idea for your online business and can't understand why you're not making a big profit yet?If you're seeking your very own Internet fortune and have developed an online business, you know there are a lot of steps involved. You've registered your winning domain name, hosted it, put together your business plan, etc. 9 Secrets to Kick Your Internet Marketing Efforts into Overdrive Let's face it, most of us know the basics of Internet Marketing or how to promote websites and products on the Internet. There are plenty of ebooks on the subject if you aren't familiar. Find Your Niche If you haven't heard the word 'niche' being batted around by Internet Marketers then you haven't been listening. Finding a niche has become the antidote to competing in overly saturated online markets.
|
| Home | Site Map |
|
| © 2006 | |
