Secrets of Affiliate Program Selection
Selecting the correct affiliate programs to promote will directly affect the amount of success you can get in this online business. The main reason why newbies to this business usually find it hard to make passive income in this business to replace their day job income is because they do not know what program to promote to make the kind of residual income those affiliate gurus make.
Therefore this article aims to share with all of you fellow affiliates out there some of the secrets of selecting affiliate programs.
1) Type of Payment: One time basis or residual: In order to create a passive income from your online business, you must first select a series of programs that pays you recurring commission as long as your referral signs up their membership and stays with it. As the number of referrals increase, your monthly passive income will continue to increase as well. I have several programs that i promote with this kind of recurring income.
2) Breakeven Volume: Most program that gives you recurring income requires you to first be their member before you can promote their products or membership. Therefore you must first calculate the number of successful referral you must have before it breakeven with your membership fee. The most ideal type is between 2 to 3 successful referrals to breakeven. In fact, all the program i promote allows me to breakeven with just 2 or 3 referrals.
3) Type of Products: You must select those products that gives you training on how to succeed in the business as well as provide excellent support. Besides that, you have to make sure that the products or services provided by the program must be relevant and helpful to your leads and not just beneficial to you alone.
With all these three factors in place, you have already found yourself a good affiliate program to promote and make money out of it.
To learn more, download this Resourceful FREE guide that i use when i first started: "Dotcomology - The Science of Making Money Online"
In addition, download my free guide here: "How To Build Yourself A Huge List"