How To Get Passive Income With Affiliate Marketing

There’s yet another source of income with affiliate marketing that’s been overlooked by many people. Besides paying commission for selling their products and services many affiliate programs
also offer the opportunity to earn income through their referral programs.

In this article I will explain the benefits of these referral programs and how you can utilize this.

However before you start with it you’ll first want to make yourself familiar with the terms and conditions of the referral programs you want to promote so you’ll know how to properly receive your commissions.

The benefits of having referral partners

1. Receiving commissions with small effort.

By referring affiliates to partner programs you will receive commissions based on the sales that your referred affiliates make. Being the referring affiliate you’ll receive some nice extra income without too much hard work on your part. Hence the term passive income.

2. Income stability and security.

When you’re working on other projects or when you don’t have much time for doing promotions you’ll always have a secondary stream of income available that’s been provided by the affiliates you’ve referred.

3. Multiple streams of income.

Every time you refer a new affiliate to a partner program it adds a new stream of income to your business. Imagine the potential when you build up a whole network of referral partners in time.

How can you get referral partners ?

1. Making postings on affiliate marketing forums.

One of the most easy ways to get referral partners is by making postings on affiliate marketing forums. Most forums allow their members to add signatures to their messages and with it you can attract other forum members to sign up through your referral links. Another benefit of making postings is that they can be found by the search engines. This means that long after you’ve made a forum posting search engines will keep sending visitors to your messages with your embedded referral codes.

2. Using your current websites.

Another way to get referral partners is by using your current websites. When you add pages to your websites with descriptions of your favourite partner programs, chances are that people who are not interested in buying your products may be interested in making money on line, and sign up through your referral code. When properly done the search engines will also index these pages and keep sending visitors to your links.

3. Creating webmaster sites and blogs.
With little effort you can start your own webmaster site or ‘online money’ blog where you can write about affiliate programs that are profitable to you. Chances are that other affiliates find your blog and sign up through your referral links.

Another tip to consider is to refer webmasters to products and services that provide in their business needs. As every internet entrepreneur needs hosting, software, scripts and information you can add this to your product portfolio to build your affiliate marketing’s passive income stream.

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Abigail is an online researcher, entrepreneur and  co-creator of AffiliateBidding.com, a marketplace for <a href=”http://www.affiliatebidding.com”>Affiliate Marketing Partnerships</a> where people can find affiliate referrals and negotiate about affiliate marketing partnerships and cooperation.

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This entry was posted on Sunday, March 30th, 2008 at 10:14 pm and is filed under Internet marketing. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.