Create Reliable Income by Promoting Offers with Recurring Affiliate Commissions
Everyone loves to talk about the passive income that affiliate marketers make. Most affiliate marketers understand exactly how their passive income works, but they know they put a tremendous amount of work into every single promotion. That’s where recurring income can come in and help make a difference.
Did you know that the reason a lot of insurance salespeople make such good money after working for a few years is something they like to call residuals? A residual is the payment they get from every person actively paying on a renewed policy.
So, the salesperson makes money when the customer buys, but they also make money on future renewals and all payments. Most of the time these payments happen monthly. The individual amount is small but after you have more customers, it adds up and you get income piled on income without additional work. That’s what makes recurring and residual income so awesome.
Recurring Affiliate Commissions
As an affiliate, you want to try to find a few products to promote to your audience that offer an opportunity to earn recurring affiliate commissions, and you can repeat exactly what the insurance salesperson does to make more money passively. Yes, at first it’s work, but you’ll make money again and again off that work. That makes it worth it. It’s one of the very best ways to create reliable income.
As an affiliate, you’ll want to search for solutions for your audience that have a recurring option, for example, a mastermind or a membership that is recurring will work. It depends on your niche of course, but you will likely be able to find some form of membership or recurring payment product to promote. Whether it’s software, hosting, or something else is the question and depends on your niche.
How to Find Recurring Commission Products
The best way to find options like this is to search for them. Join groups consisting of your ideal audience, follow your competition, and read industry publications. The more you immerse yourself in your niche, the more likely you are to find these programs to promote to your ideal audience. That’s where the answers are.
When you find memberships and recurring payment options to promote, check into the affiliate program closely to ensure that you do get paid for repeat purchases and make a commission on residual income. Not all product creators allow their affiliates to make recurring commissions, so that’s something you need to check on to be sure.
Even if they don’t offer it now, and you know that you can make a significant amount of money for them, don’t be afraid to approach them about changing their program parameters for you. Likely, if you can provide a significant increase for them, they’ll be all for it, but you may have to ask.