Robert Kiyosaki in his book, Rich Dad Poor Dad, coined the phrase make your money work for you instead of working for money. In the world of internet marketing, this concept has caught on and the resulting buzzword is residual income. If residual income is your main online business goal, the best affiliate programs to join are those that offer residual income, rather than a one-time commission.
However, the best affiliate programs offer residual income and have products or services that sell well online. Research from forrester.com suggests that the top-selling products online are books and software.
With this in mind, I have pointed out some major industries that have affiliate programs that offer residual income and products or services that sell well online.
The Internet Marketing Industry
Internet marketers understand affiliate marketing – they realize that in order to attract loyal affiliates in the long run, they need to offer high commissions and great tools. Additionally, leading marketers use various direct response marketing methods to fine-tune their sales process, thereby generating more sales per visitor than other industries.
Allan Gardyne, the founder of Associated-programs.com and a recognized expert in the affiliate marketing industry, has a list of the top ten internet marketing affiliate programs. Of course, Allan’s number one affiliate program is Ken Evoy’s 5 Pillar Affiliate Program. Ken’s affiliate program offers lifetime commissions on his flagship product.
Build it on site.
Ken suggests that 40% of build it website owners end up with 2 or more build it websites; This is good for your affiliates as they are rewarded for upsells.
The investment industry
The investment industry is truly global – an investor in Africa with a live internet connection can invest in the world’s major stock exchanges. For the affiliate marketer, there are a variety of investment books, software, and newsletters to promote, and investors generally have enough money to pay high prices for investment products, especially if the products pay for themselves.
If you want to know how to find the best investing affiliate programs, I highly recommend Evoy’s free affiliate masters course.
The online dating industry
The online dating industry is a perfect online business model for affiliates. Customers pay a monthly fee and the entire service is offered online.
Rosalind Gardiner, whose e-book How I Made $ 436,797 Online in One Year Selling Other People’s Stuff, made her fortune in the online dating industry.
If you want to set up your online business for long-term success, I advise looking for an affiliate program that offers lifetime commissions, you can try Allan Gardyne’s excellent website at http://www.lifetimecommissions.com. Residual income opportunities are the internet marketing, investment and online dating industries.