Posts Tagged residual income

Musings on a Sunday Morn: Done? Never!

Welcome to Sunday Morn Musings.  This is my weekly free fall – writing about whatever it is that occupies the mind on a Sunday Morn.  The idea of a “no topic” posting is the stepchild to a blog I used to write:  Four O’Clock Thursdays which is still up there if you want to check it out – more likely, I will republish some of those posts here over time.  On Sunday Morn Musings the topic may be about blogging but just as likely it may not be.

As I was doing my blog rounds this morning, I came across a comment on Website In A Weekend The topic of the day’s post was on being “done” with something … you know, like a plumber goes and does his job and at the end its done.  No more planning, continuity, fine tuning etc.  The comment that got my attention was this one:carlos' comment

That’s why I like doing dishes. when they’re done they’re done…clean, dry, and warm.

Carlos is a wicked blogger. He’s brand new to the game – or at least his blog Conscious One is and he knows a thing or two about life… but Carlos, darling, sweetheart, have you never heard of that old and now hackneyed saying “a woman’s work is never done?”  … back in the oooolllldddd days, men would not be caught dead anywhere near a sink let alone doing the dishes!  I know, times have changed.

That comment brought up an image of residual.  You know how we all want to have a residual income where you get paid over and over and over for doing something once.  Authors and movie stars come to mind as the obvious candidates – they get money dropping down to their bottom line every time a book sells or a movie is viewed, at least while the royalty legal is in effect.  A residual or passive income is what blogging for money is about.

But residual dishwashing?

Yeah, yeah, yeah!   I know you don’t get paid over and over and over for doing the dishes once, in fact unless you are the dishwasher at a restaurant you don’t get even a measly dinero for your effort no matter how often the dirty deed is done.   No, what I am thinking here is that doing dishes is like residual work – you get them done and put away nicely into the cupboard and like magic, there they are again, all dirty and smudged with sauces or residues of a meal, and they need to get washed again!

I have noticed in our household – all two of us, so I know who the culprit is and it is not I – that not only do the dishes need daily attention, but they even have this nasty habit of just collecting in the sink!  Huh?  I mean, how hard is it to put them in the dishwasher?  OK … ongoing domestic issue which I won’t get into here.  Ohhh, and while on the subject, once they do get into the dishwasher and get all suddsed up, scrubbed clean and dried who is it that eventually empties them and puts them into their nice little spaces in the cupboards?  Hmmm?  Hmmm?  It is not he I guarantee.  Oh, slightly off topic here, not meaning for this to become a rant (just don’t get my hackles up) or air my laundry in the blogosphere.

In fact this kind of residual work is the least rewarding – at least it is to me.  The results are fleeting at best.  Hardly the sort of motivational material that the feel good gurus go mining for.

Same thing with cleaning.  Vacuum.  Damp mop the floors.  Clean the bathroom!  Oh the list is endless.  Now I know, that there are actually women out there who claim to love to clean house.  There may even be such men, but I have never met one while I have heard with my very own ears, these most strangest and foreign of words “… I love cleaning my house….” drop from the lips of a woman.  More than once!  Yes.  Honest.  I have heard these very words even from friends.

There is something wrong with this statement.  Upon hearing that one of my own circle loves to clean, of course I immediately step up to the plate and offer her more happiness – my own house for her to clean.  You would think that anyone who LOVES to clean would jump at the opportunity to do more of what she loves so I really don’t understand the why of the painfully withered look that I am subjected to with nary a word of explanation for the contorted muscles on her face.

Now take doing the laundry … puhleeze, someone?  The laundry basket is a perpetual source of clothing, surely it can’t be just ours, I mean there is only the two of us and since my wardrobe takes me from morn to noon to night there isn’t a whole lot of changing going on (such are the blessings of a stay at home blogger) – obviously it is HE!  AGAIN!

And they say that women are clotheshorses!  Weeelll…. ok, in my previous corporate life I had a vereeee nice closet filled with clothes destined for certain “jobs” but that may be a post for another day. But with a Blog Income Life business, drop dead gorgeous suits, silky blouses and shirts, soft hand tooled leather shoes don’t draw traffic to your site (not to mention that the paycheck hasn’t reached the point of supporting  …  oh but the Armani suits!  Hmmm….. be still my beating heart, do not apply for that executive position that a certain well connected friend mentioned.  Remember the commute, the corporate politics, the quotas, the backstabbing, the deadlines, yes, take a deep breath, feet firmly planted on the ground,  aaahhh, I am over it.

Armani?  Did I hear Armani?

Shush!

Oh. Off topic again!

Carlos my darling, you are delusional.  Dishes never get “done”

To Your Awesome Blog Income Life!

Valentina

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Residual Income – The Holy Grail of Affiliate Marketing

How do you develop a residual income and what exactly is residual income? This is the holy grail of internet marketing and when you finally build up a decent residual blog income then you can indeed live the big awesome:  drink fine wines, dine on epicurean delights, travel on exotic vacations and live in the house of your dreams (yes I know, it’s a recurring theme with me).

Residual income, also known as passive income is a set it and leave it money machine.  This type of income is most often associated with music, movies and runaway best sellers.  Every time a blockbuster movie is played in theaters a whole lot of people get paid royalties which is yet another name for residual income.  Now wouldn’t you want to wake up every morning, check in with your computer and see that while you were asleep, your online business made you some money?  Absolutely!

Affiliate marketing is one such money machine and works best when powered on all three cylinders.  We already covered:

Digital affiliates

Physical affiliates

Now we add Residual Affiliate Marketing.  This is any program that has a continuity component built into it.  Membership programs are an excellent example as are renewable subscriptions.

Most of the digital affiliate programs already offer a continuity program which can include but are not limited to: memberships which give access to the latest updates via newsletters, webinars, podcasts, exclusive interviews with professionals in their field and often advance notice of a new program about to be rolled out.

In the physical affiliate sector a common type of continuity program would be a product of the month club.  You often see this in coffee, chocolate, wine, and florist industries.  Gift basket business are also a good fit especially if marketing to the corporate sector.

In both the above instances you earn a recurring monthly income for as long as the customer is an active member.  In addition to Clickbank, Commission Junction and the search engines, you can check out these two directories:

http://www.lifetimecommissions.com
http://www.affiliateguide.com/residual.html

Here is what this three pronged effort looks like:

Digital product:  Even if your visitor is looking for a physical product such as cigars, you can still have an informational product that gives more information about cigars, their history, where tobacco is grown, etc.

Physical product:  That would be the cigar itself, clippers, a humidor, and other accessories for cigars.

Residual product:  Membership in a cigar of the month club.

In summary, effective marketing in all three areas will triple your income over just employing one of the affiliate marketing options. Set up your affiliate marketing in such a way that you have something to offer to every visitor that comes to your site.

Here is to an awesome blog income life!

Valentina
Affiliates are cheesy!

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