What is residue income ? How to earn residue income
December 16, 2007
This blog has been hit with queries on "what is residue income" or "residue income" from Google search engine.
By definition residue income is something like "Do nothing, Get Paid" kind of things. Of course, you first need to work very hard to establish your business operation.
There are few types of residue income and the amount that you earn depends on the level of your participation and investment. To earn extra pocket money, you definitely need to invest in the form of time or money or both.
Time Investment (or Zero Capital Investment)
It is possible to earn residue income without monetary investment. However, you will be required to spend time to perform the task. Since there is no investment, the earning are usually small. These activities that you can participates in are such as paid to click or paid to read email. These activities also come in many terms such as paid to browse, paid to surf, paid to view and so. As mentioned earlier, earning are marginal (example, you get paid $0.01 for each task) but in the long run, it all add up to a big figures.
Monetary Investment
In a Zero Capital Investment, since you don't have to pay anything to join such program, you are required to spend your time to be involved.
With some monetary investment, you earning yield is much higher. And if you invest both money and time, the return is even more. To earn more money with invested capital, you can consider joining some affiliate program and promote their products or services. You will earn commission for each converted sale. Paying for affiliate program membership can be an expensive affair but you will be guaranteed some residue earning. This is like minimum commission for not doing anything. But it you look at it from another angle, it is like a discounted fee. For example, paying the affiliate monthly fee cost you $49.99 but every month you will paid $10.00. If you don't have sales, you will be losing $39.99 instead.
Even with paid to click program, you can invest by purchasing referrals whereby you will be able to earn commission from their work. The more referrals that you purchase, the more commission you will earn. However, this only apply if you desired for a faster earning and it can be risky since those referrals that you purchased may not performed and thus contribute less commission to you as their up-line.
Constant Revenue
Another attribute of residue income is the constant revenue that you earn despite the amount. Take the paid to click program as the example, each month you are involved with it, you could earn $5.00. With the accumulate earning, which may not be that much, you can re-use it to purchase advertisement to promote your affiliate products or purchase referrals to double up for earning.
And the key factor to higher revenue is to leverage of referrals or down-liners. The more referrals that you recruited to join you on a particular program allow you to earn more and on a shorter period. Again, I take the paid to click program as an example. That's mean, doing it alone could take you for example, 3 months and with referrals, you could earn the same amount if 2 months.
Review revenue
You can also earn money from reviewing a website or advertiser products. This involved you joining such program (paid to review) and you will paid for each assignment i.e. to write short articles to promote the advertiser products. Payment for such review ranges from $5.00 to a hundred of dollars.
Advertisement revenue
This involve you setting up a website or a blog and write quality contents or articles on it. The more topics you have posted on your website or blog, the better chance is for you to earn more money from advertisement revenue. This means, over a period of time, you quality contents will attract search engines and your site ranking will be increase. Gradually, more visitors will visit your site. That will be the time that you can leverage of advertisement such from Google AdSense, Bidvertiser or AdBrite.
* Make money from your Website or Blog with BidVertiser
* Make money from your Website or Blog with AdBrite
Less Effort
Less effort comes in when you have established your down-liners or network whereby a bunch of referrals is actually doing the work and you get paid commission from their work or revenue.
As a start, you have to slogged it alone but as time goes by, you would have accumulated some earning and you may reinvest it to boost your earning.
Strategies of earning residue income
Join free and performing paid to click sites such as ClixSense, Bux.to, Hit4Pay, AdverCash or TitanClicks (just to name a fews) and start earning.
Join trustable affiliate program such as SFI. You can join for free without paying monthly subscription fee.
Work hard on promoting those programs to attract referrals. Promotion can be in anything i.e. by email, website, blog, social networking or traffic exchange. Even off-line promotion and marketing can also be effective if done correctly. Bear in mind, promoting your program can be done without spending a cent but must be consistent and frequent.
Use earning from paid to click to purchase referrals or to promote other programs.
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