Residual Income Affiliate Programs - A Step By Step Plan to Passive Income

This is a step by step plan that will help you set up a residual Income from affiliate programs. The information is not new although I do approach it in my own way which I hope you will find helpful and ultimately financially rewarding.

Step One - Make sure you know the niche.

I believe it is much easier for you to earn a good affiliate income if you know about the subject or niche you are planning to work in. You will be able to write well for the niche and you will recognise valuable products the have affiliate programs.

Step Two - Make sure there are people spending money in the niche.

If people are not spending money in the niche now. This will not change just because you decide that you want to get involved in it. Check that there are plenty of google ads on the search pages as this gives an indication of whether advertisers are prepared to spend good money in the niche to get their message out there.

Step Three - Make sure there are plenty of good products in your niche.

There needs to be at least 10 products for you to promote. 20 would be better but not all niches will have this many products. You need this many to choose the best products for you. You will also want to run special promotions from time to time. Some products will convert to sales better than others and you will have to test your figures to see what affiliate products work best for your website. Do not take other peoples stats as gospel. You should prove the top products for yourself.

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Step Four - Buy the chosen products.

Having chosen you first 5 products you need to purchase them and use them. This way you can give real reviews for the products.I do not believe you can sell a product that you are not familiar with and have bought for yourself.

Step Five - The Secret Step - Do not tell anyone this step!!!

Make live videos of you reviewing and demonstrating the products. If the products needs it then make a number of videos on that product. What you are doing is adding an authentic voise to your reviews. A propect can see that you have bought what they are looking for and your sales rate will be much higher than with someone who doesn't own the products and trys to sell them. These product review videos will form the main element of your affiliate products review website.

Step Six - Build your review website.

Having prepared your video content you need to build it into a review website. Each page will focus on one of the products and give your opinion and score for it. I usually target one product as a "Best Buy" but you do not need to do this. The website can be a blog style bit I much prefer a standard html website as you can really get the look precisely the way you like it. I still do not believe that blog software allows you to get the look and feel very easily. You end up following the theme author's design.

Step Seven - Send Traffic to your review website.

It sounds so easy when you just say send traffic to your website. What this means is adopting a whole range of activities that will bring potential customers to your website. The more targeted your prospects the more who will click through to your affilate merchants website and ordering products.

Step Eight - Review how the five products are performing and converting.

If you find lots of people are clicking through but not ordering it could be that the sales page is poor. You should try other products out to see if there are better converting items you can promote. If you start selling a large number of a particular product you should approch the vendor to arrange special promotions. You can even agree your own sales page. As long as you make it a win win situation with the merchant they will be pleased to help.