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Powerful Wealth Open Directory / Article Details
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Article Details
Build Online Residual Passive Income Streams
Date Added: January 13, 2012 10:34:26 AM
Author: pds20
Category: Make Money Online
Two types of passive income streams to build online:

1. Affiliate Programs - internet income is created from
setting up a web site that presells a companies’ products.
The parent company provides the products, tracks the sales
and sends you a commission for each sale. Find companies
that offer large commissions, and will track clients for
multiple sales over a long period of time (lifetime is best)
so you can get ongoing commissions. Make sure they offer
multiple tiers (at least 2) for sales. So you still get
paid if one of your affiliates makes a sale.

One of the best examples is the 5 Pillar Affiliate Program
from Ken Envoy.

He offers a number of great products with high commissions
with excellent sales materials and content to help you
presell his products.

Read the free ebook: Affiliate Masters Course to become a
high-earning affiliate champion.

2. Information Products - the internet is great place to create
an ebook that explains 'How to" information, such as How to start
an online business, How to buy a car without getting ripped
off..anything that makes life easier for people. People are
hungry for information, therefore if there is a need, you
can create an ebook and sell it on the Internet.

What are some of the benefits of creating an ebook?

Easy to create - you just need the ebook creation software.
Takes a short amount of time - you can create an info
report in a few hours or days. A large ebook may take
several weeks or months.

Low cost - costs will include ebook creation software, web
site design, web hosting and marketing. Once you this set
up, with good promotion in the search engines, you can make
sales from your ebook 24 hours a day for years to come.

Add an affiliate program - increase the number of ebook sales
sales by getting others to sell it for a commission.
This enables you greatly increase your passive income.

Allow reprint rights - charge a fee for people that will
have the complete reprint rights. They are able to place
there own affiliate links in the ebook and sell it for the
same price to others
your anchor text
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