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CREATE YOUR OWN PASSIVE INCOME STREAMS ONLINE

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CREATE YOUR OWN PASSIVE INCOME STREAMS ONLINE

Post by Admin on Wed Aug 11, 2010 9:22 pm

Contributed by ebooksgain

Would your income streams improve your lifestyle and increase your profits if you could have consistent streams of income coming in from sales of your e-books and CDs, workshop bookings and commissions?

Internet marketing services are growing, and you want to grow with it. How can you change this for your business, and make money continuously, whether or not you are working with clients. Would your income streams improve your lifestyle and increase your profits if you could have consistent streams of income coming in from sales of your e-books and CDs, workshop bookings and commissions?

These are called multiple income streams because they are in addition to you regular income stream, and they are called passive because you create many of the products once. Once you create them, you can replicate them and sell them continually.

Let's look at different income streams that a business such as yours can generate, for example, with digital products. As a professional that works with customers, you already know what your customers are interested in as well as the information they are looking for. Turn this information into a sellable product by publishing and selling it. Depending on the topic and the information, you can create digital products of various lengths. Audio Products can be delivered in two different formats. They can be instantly downloaded from your web site any number of popular audio formats, or you could burn them onto a CD and physically ship the product. Either way is a great way to go, since many people like to listen to information instead of reading it.

If your passion is teaching, you could teach classes over the phone. This is a good way to demonstrate your expertise to many people at once, and a way to offer your coaching or consulting sessions at a lower price point. Material taught and discussed during classes can be re-used to create tips booklets, special reports and audio products. Workshops can be used to teach to many people at once, instead of doing one on one sessions. You could get involved in an online affiliate program creating an internet affiliate program for your own products, thus, sharing products with people who refer new customers to you, and helping them to also create an additional income stream. You can start a free affiliate program, and you can also recommend other people's products, especially a top affiliate program, thus creating another income stream for yourself and your business. Look out for the best affiliate program.

E-newsletters can also be a part of an effective Internet marketing strategy, as they are newsletters - essentially emails that may contain a variety of information that people may be interested in. This could include information on specific subjects, useful quizzes, relevant advertising or any other useful information that is worthwhile for the recipients of the e-newsletter. Newsletters are important because of its marketing tool capacity - reaching your readers. A way to entice your readers is to incorporate links or other soft sale approaches into the copy of the e-newsletters. However, it is essential not to overdo references - keep references minimal so the e-newsletter is not viewed as yet another spam.

Another successful aspect of an Internet marketing income stream is email marketing. Email marketing is about sending out emails to a individuals who may be interested in your products and services. Again, care should be taken in sending out these emails, and one way to do this is to only send out the emails to users who have requested inclusion on an email mailing list. Another way is to provide value in the emails as opposed to just including advertisements. You can do this on the internet by offering relevant advice in your emails and other useful information. Your internet marketing service to recipients could be valuable, and they will thank you for it. There are many ways for you to turn your expertise into money-making ideas and passive income streams online. You can generate additional income by just starting out by picking one or two different product types to work on. Next you can add a few more, and you will have different income streams created in no time. Go on and follow your passion!

About the Author:

Sonia Dixon is a book reviewer, coach and author. Affiliate Programs are just about internet marketing, business, autopilot, residual income and a new affiliate program, or starting an affiliate program.

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Re: CREATE YOUR OWN PASSIVE INCOME STREAMS ONLINE

Post by Chloe on Wed Aug 18, 2010 9:54 am

This is a really good article. I appreciate you sharing it with us.
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