Do you have a business that sells a service or product? Do you have a residual income program in place? Many on-line and off-line merchants are discovering the advantages of starting an affiliate program to leverage their sales efforts. There is nothing quite as magical as watching dozens, if not hundreds or thousands of white hot affiliates promoting your product or services.
One technique within the affiliate business model is to enhance your program with a residual income program. People love the idea of making a sale once and getting paid ongoing commissions. Therefore, smart affiliate marketers are always looking for good programs that incorporate this element in them.On the surface, finding a way to do an ongoing service or product may be daunting for some businesses. Obviously some businesses just cannot find a way. But there are not many companies that cannot find a way to incorporate a more detailed membership for loyal customers, or an ongoing service that enhances the original purchase. This is the time to put on a creative hat!
The benefits to you and your business will be enormous. By have a residual income program you will build an extremely loyal sales force if you treat them well by making timely payments, being generous with commissions and offering readily available marketing tools and assistance.As with most ideas, there is also a downside. Your mistakes in areas such as customer service will be greatly magnified because you have linked so many more people to the results. If you start having to make refunds and cannot live up to high expectations, the word will get out faster than you can imagine. So, be forewarned about this. The Internet is big in some respects but very small in others.
But in the final analysis, the benefits of offering a residual income program outweigh the negatives.
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