Jul
27
2009
Residual Income Affiliates - Boost Your Online Business
Author: Louis-Charles MartelResidual income is a term used to describe the amount of money a person has remaining after all of their monthly bills have been paid. It is often used by banks to determine the amount of credit they can advance to a customer. Although they sound very similar, it should not be confused with residual income affiliates which is a term used to describe something completely different.
A residual income affiliate is an association between online businesses. All the sites linked through this association offer similar products or services. It may seem ridiculous to offer advertising for the competition on your business’s web site, but when organized properly, these affiliates can help to generate more traffic and income for your site.
These affiliations help to boost the page rankings of all of the member sites. This can lead to increased traffic which is the only way to effectively boost sales.
In addition, all the members of the association agree to pay a fee to any site whose link generates a sale for them. This way your business benefits from the sale whether it made the sale or not.
Confused? Let’s see if we can clear this up a bit for you. Here is an example that may help. Imagine a residual income affiliate with three members, most have many more than this, but for our example three works well. Well call them sites 1, 2, and 3 and all of them sell coffee related products.
Okay, site 1 sells coffee makers and sites 2 and 3 sell coffee. If a potential customer does a search for coffee makers, site 1 is going to have a higher ranking in the search than the other two. When the customer opens the link to site 1 however, they also find links to sites 2 and 3.
Now, if once the customer has looked at the coffee makers available on site 1 they decide they also want to purchase coffee, it is easy for them to click on the link to site 2 or 3. If this results in a sale for either of those two sites, then they would pay a finder’s fee to site 1.
The actual dollar amount of the payment differs. It is usually based on the amount of the sale. Regardless of how much it is, it is a bonus for your business because it require no additional effort.
Joining a residual income affiliate can really boost the income of your online business. By teaming together, you can really put the power of search engine optimization to work for all of the member businesses. If exactly how this works is still unclear or if you would like to get started, visit: http://www. HotResidualIncome. Com/pips. Html.