How To Automate Multiple Income Streams
One exciting benefit the Internet offers home business owners is the opportunity to develop multiple income streams
. The key to making this work for you is to automate as much of your Internet business as possible. In this article we will take a look at a few ways you can do that.
1. Build a website and add several affiliate programs to it. This way you let your visitors determine what product they are interested in.
Be sure that the affiliate programs are all relevant to each other. If you have a website on dogs don't add products for iTunes, car parts, and so on.
This is a common mistake you see new Internet marketers make. They think by adding more banners and products they make their website more appealing. That really is not the case unless you keep everything related to the niche or theme of your Internet business.
2. Purchase co-registration leads and build a large opt in email list. Set up a series of autoresponder messages to go out automatically.
By doing this you can develop more than one income stream in a hands off way. The leads are added to your autoresponder by the co-registration company you are working with.
In your email messages you can add links to products you sell so people can purchase from you. Over time as you develop relationships with your subscribers they begin to trust you and your purchases will increase.
You can also send out broadcast messages anytime you want. This is almost like having a license to print money. The larger your list becomes the more immediate income you can create automatically mailing to your list.
3. Join two-tier affiliate programs and work with the affiliates you recruit to make money. As you develop a large sales force you will have an ongoing income whether you are working or not.
The people who are most successful utilizing this strategy are affiliates who are successful selling themselves. They are then able to teach the affiliates on their team teach them how to duplicate your success.
4. Build a worldwide network marketing business using the Internet. Network marketing offers the benefits of leveraging your time and duplicating your downline.
Your income grows almost automatically as you develop a large MLM business. Eventually you can create a residual income that allows you to stop working altogether.
These are a few ideas on how to automate multiple income streams using the Internet. You can make as much money as you want and build a large Internet business concentrating on automating as many functions of your business as possible.
Copyright (c) 2009 Dianne Crawford
by: Dianne Crawford
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