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9 Ways to Earn a Residual Income Online (Part 2)

Service Plans

Even if you don’t have a physical product, you can still create a continuity program with the services you provide. Lawn care, oil changes and technical support for a complicated software program are all examples of services that customers will need on a continual basis. Eliminate the need for your customers to reorder every time they need a service repeated by providing weekly or monthly packages.

Subscriptions

This is another continuity programs that works well for information marketing businesses. Provide up-to-date content to subscribers on a regular basis in the form of a digital or print newsletter.

Network Marketing

Many network marketing companies offer residual income to their members for signing up other people who order products on a regular basis. Look for businesses that offer a unique product that people need to stock up on periodically. The more unique the products are, the easier it will be to market to your niche and find your target customers.

Residual Affiliate Programs

If you don’t have products or services to create your own continuity program, you can still get residual income by becoming an affiliate for businesses that do. Many product owners will pay a monthly commission for every active member you refer.

Which Program is Right for Your Business?

Each of the eight continuity programs you have learned about so far can be powerful additions to your product funnel. At some point in your business, either immediately or in the future, one or more of these may become its sustaining force. But if you don’t have a business in place already, it can be difficult to find the time and money to start one from scratch. These continuity programs:

Require an upfront investment of time, money or both to create the products.

Have to be fulfilled every month – which means you can’t entirely walk away from your business unless someone is managing your continuity program for you.

Usually have an average retention rate of three to four months so you have to constantly find new members.

Require you to share the profits with someone else if you are an affiliate or network marketer.

If you are not at a point in your business where you can start a continuity program and have someone you trust manage all the details of fulfilling orders, then the challenge is to find a continuity program that you can set up once and then set loose to manage itself. But the ninth way to make a residual income – a micro-continuity program – will do just that. Micro-continuity is the fastest and easiest way to implement a continuity program in your business. It is extremely powerful because it solves all of the problems that traditional continuity programs have.

We’ll discuss some ideas for building the content for a Micro-Continuity program in more detail in a future article, but in the meantime, you can go to the DotCom Secrets membership site at http://members.dotcomsecrets.com for more articles. Just type

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