3 Great Residual Income Ideas
Are you looking for some great residual income ideas? Ideas that will put a bit of extra money in your pocket without either a huge outlay or giving up your day job. Here are my top three residual income ideas.
First up is Google Adsense. It is possible to make some extra money from the Google Adsense program, some people make lots of extra money. The idea is that Google will place contextually relevant on your site which will result in you getting paid every time somebody clicks one of the ads. The great thing is that nobody needs to actually buy anything, they just need to click through to the advertiser. For their part, the advertisers pay Google to run their ads and everybody is happy. Googles robots will crawl your site to determine what it is about and the keywords used and in that way it delivers adverts which are contextually relevant to the page. You have to apply to Google.com/ads to be able to run adsense ads. You can also setup a free website at Blogger.Com. With the right traffic and some good content you can make money from adsense
Another great residual income idea is affiliate marketing. You can act as an affiliate for many different products and services. As an affiliate you are paid a commission for a sale of somebody else’s product. Unlike adsense somebody actually has to buy something but pick the right affiliate program and the commissions can be high. Many people act as affiliates for amazon and ebay and receive commisions for sales of physical products. EBooks are also very popular in earning affiliatecommisions as the commissions are high – often 50% to 75%. The best place to go is Clickbank for a whole range of downloadable products to promote.
A follow on from affiliate marketing is optin list building. The basis of this residual income idea is to build a list of people who you can email offers, ideas and recommendations. There are people who make a full time income from their list of subscribers and there are specialist tools called autoresponders through which you can setup and manage the whole process. The other advantage of using an autoresponder is that the process requires your subscribers to double optin (once by filling in a form and twice by clicking a confirmation link sent via email) which will prevent any accusations of SPAM.
There you have it – three great residual income ideas which could just put a bit of extra money in your pocket
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They do have 40 days cookie and they pay 10-15% commisions. They’ll match ads based on search query of your visitors and display relevant ads on you blog.
Now compare this to adsense, ebay, amazon or any other affiliate programs out there.
April 13th, 2010 at 10:17 am
Important post because the only good thing about a normal job is the regular pay check and that’s exactly what residual income can … almost … replace.
Leaving life a little less stressful! Personally I like to build a list and promote affiliate programs that pay me a residual income. It’s a good model and easy to run.
Then it’s all about getting the traffic!
Thanks again.
Al
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April 25th, 2010 at 6:04 pm
Cool blog. Maybe you should try to monetize it with
http://tiny.cc/05mrc
They do have 40 days cookie and they pay 10-15% commisions. They’ll match ads based on search query of your visitors and display relevant ads on you blog.
Now compare this to adsense, ebay, amazon or any other affiliate programs out there.
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April 27th, 2010 at 1:23 pm
Hey Blogger,When you write some blogs and share with us,that is a hard work for you but share makes you
happly right?,yes I am a blogger too,and I wanna share with you my method to make some extra cash,not too much
maybe $100 a day,but when you keep up the work,the cash will come in much and more.more info you can checkout
my blog. http://bit.ly/9v1OH9
good luck and cheers!
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June 12th, 2010 at 12:54 pm
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