Residual 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.
Because of the way that search engines work, this association of web sites and their intertwined linkages will result in all of the businesses achieving a higher page ranking then they would have likely gotten on their own. They put the power of search engine optimization to work for you.
In addition to an increase in sales, a residual income affiliate also provides your business with a form of passive income. When a sale is generated on another site through a link that was placed on yours, that site will pay you for the favor.
For example, lets take a residual income affiliate with three member businesses, call them A, B, and C, all of whom sell pool supplies. When a potential customer searches for pool supplies online, the affiliate as a whole has three times the chance that one of their member businesses will pop up in the search results. The more members an affiliate has, the greater the increase in income potential.
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 amount of the fee paid depends entirely on the arrangements set up by the individual affiliate. Usually it is based on a percentage of the actual sale.
A residual income affiliate can be a great advantage to any online business. The trick is to associate with the right sites. Focus on finding those with a higher search engine page ranking than yours and it will pay even greater dividends. If you still aren’t sure how all of this works or if you want to know how to get started, check out: http://www. HotResidualIncome. Com/pips. Html.
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