There are many ways to start a business and make money thanks to the internet today. One is to look for residual income opportunities that can create an ongoing income even when you are not working. In this article we will take a closer look at that.
Copyright (c) 2008 Jim Suzak
Thanks to the internet revolotion, there are many online residual income opportunities and ways to start-up an online business. One is to look for a business opportunity that can create an ongoing income even when you are not working. This has been come to be known as a residual income opportunity. We will take a closer look at two residual income opportunities in this article.
When talking about residual income opportunities two different systems come to mind, online network marketing and two tier affiliate marketing programs. They are both ways you will be able to get paid on the efforts of others by recruiting people under you.
Quite a few people have probably heard of online network marketing. It is also known as multi level marketing, or mlm. In this type of business you recruit a down line of distributers and get paid on thier purchases and sales. You will also earn an income on the sales of distributors that they recruit. Many multi-level marketing programs will pay you several levels deep. This is a great residual income opportunity because you get paid over and over after your effort is completed.
To create a residual income you are going to have to spend most of your time recruiting with network marketing. This can be time spent on personal recruits and helping your downline along in there recruiting efforts.You will need also need to spend some quality time on training for your group. To build a very large sales force it does not take to many personal recruits as you can see. As your group continuous to grow so can your residual income.
The difference between two tier affiliate marketing programs and network marketing is that in affiliate marketing you only get paid on your sales and the sales of your personal recruits. You do not earn money on the sales of affiliates that they recruit. Affiliate marketing can still be a great residual income opportunity to create an instant income. As you get more websites and affiliates recruited you can still earn residual income over and over for years to come on all products sold. The key to creating a residual income with affiliate marketing is three things :
The first is create and manage a large number of personal web sites. Second, recruit quality "top gun" affiliates to sell for you. And third is to start your own affiliate marketing program.
You can still make a very large income with affiliate marketing even though you do not get the benefits of a large downline several levels deep like network marketing provides.
In summary two tier affiliate marketing and network marketing are both excellent residual income opportunities you just need to find the right one that will hold your interest.
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In order to make a your venture successful from your chosen niche, you must properly research your new online business opportunity. This article will briefly cover those basics so you will be able to make an intelligent decision on what particular niche you should persue.Online Business Opportunity Via Affiliate Marketing
Earning a residual income with online business opportunity is the best way of increasing your overall earning potential. The cheapest and easiest money making programs to start online today, would be affiliate marketing opportunities. They have the greatest money earning potential that will bring you residual income as long as you are willing to work for it.How Does 2 Tier Affiliate Marketing Make You Rich
With all the attention that is being paid on social networking today one point that is getting lost is the tremendous income potential it is creating for Internet marketers all around the world. One area that is particularly true is in two-tier affiliate marketing