About Affiliate Marketing

Affiliate marketing has been made very popular on the Internet by companies such as Amazon.com, ComissionJunction.com and ClickBank.com.

Strictly speaking, because you are getting a one-time commission for most of your sales in an affiliate program this income is not really recurring. The trick here is to join affiliate programs that offer a monthly service such as a web hosting, or membership websites. Remember the key is that the product should be consumable or requires renewal. Also affiliate or associate programs don’t normally pay you beyond the second level so you cannot really build large organizations as in a Network Marketing company, therefore your income is a bit restricted. In this case you will have to spread wide—create a large frontline.

Most affiliate programs don’t require you to train or support your customers, so this all balances out. In life it’s hard to break the “you get what you pay for” rule. It’s the sowing / reaping principle.

In Closing

You should take a look at your income sources and evaluate them to see how many are recurring and how many are linear. The key here is that you may want to “balance you portfolio” so you can have income coming in even if for some reason you are not able to work. Especially as a small business owner this can be critical to your survival.

Even one of your fat monthly checks tucked away on a fixed deposit account will provide you with recurring income—accrued interest.

How long do you think it will take Bill Gates, the richest man in the world, to make his first billion if all his bank accounts were presently frozen and taken away? That’s the power of recurring income!