Thursday, July 17, 2008

Do You Have An Income-Building Affiliate Marketing Plan?

In order to generate real wealth as an affiliate, you must implement an income-building that focuses on the long-term. There are three key areas one needs to examine in this regard:

1. Leverage
2. Recurring income
3. Duplication

Leverage
The first step in building income is always in making proper use of the power of leverage. Investing your time and money wisely can help improve your existing business, and potentially double or triple your current income.

For example, maybe you’ve always wanted to create a high-ticket ‘follow up’ product to offer to your list of existing customers because you can’t find any comparable affiliate programs for such a product in your market?

If you’ll leverage your existing profits, you can hire someone to create such a product for you, along with all of the products images and web site graphics you’ll need to set up your very own merchant site.

What this will do is give you a new potential stream of income. You continue to make commissions on the existing affiliate product, while also generating sales where you get to keep 100% of the profit.

Likewise, if you don’t want to sell the product, you can use it as “bonus bait” for your existing affiliate promotions!
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