Unlocking Online Residual Income Opportunities
What are the best residual income opportunities online
? The truth is, there are only two ingredients you need to make passive money online. Here they are:
1) Traffic
This is the first part of the residual income equation. There are a number of ways you can get traffic that do not require constant effort on your part. One of the most famous is search engine optimization, which is where you get your site ranked in the search engines for the keyword you are targeting. That way, you will keep getting traffic every day without a significant amount of effort.
Another method for constant traffic would be pay per click. Once you have a profitable pay per click campaign up and running, it can keep earning you residual income for a long time down the road. Just make sure you test each keyword individually so you can weed out the ones that are not earning you money.
2) Conversion
This is the foundation for any residual income opportunity. It does not matter whether your site sells affiliate products, your own products, or you rely on AdSense clicks. As long as you have a good converting site, the first part of the residual income equation is set.
The other thing to do is to have a good back-end system, which really boosts your site's visitor value. This just means anything you sell to the customer after the original sale. It might not seem like this can become residual income, but it can.
If you setup a good autoresponder system, it will keep making offers to the customer again and again. Another option is to have an immediate up sell right after they buy the first product. Many marketers find this dramatically increases profits, and it does so without any effort. This could potentially double and even triple your visitor value.
The bottom line is that earning residual income online is not easy. The key is to make sure your site converts, and then find an automated source of traffic for that site. There are many methods you can use to increase your site conversion, whether it be having your own products, selling affiliate products, etc.
The key is to keep testing different variables on the site, and see what works and what does not. Once you know the site is converting well, and then you can start driving traffic to it. No matter which residual income opportunities online you decide on, the key is staying focused, constantly testing your site to improve conversions, and continuously looking for new traffic sources.
by: Alex Gray
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