Totally agree! 🙂
It is ideal to set up multiple streams of income such as affiliate sales, product sales, membership sites through not to mention multiple sources of traffic.
Multiple stream of income is the idea business model to create ongoing revenue. Anyway we need to “focus” in promoting one or two affiliates rather then promoting too many affiliate and can’t generate enough revenue to sustain your affiliate business.
To Your Success
The goal should be to build multiple streams of income but the strategies you choose to build is crucial to your success.
I believe that a person should start with something they know and love and build to a profitable level before starting the next project.
Then the next step would be to add a product or service that complements your primary business. In this way your business building becomes much easier because you are not having to plow new ground but building on what you have already done.
Only when you have mastered the plan as outlined above should you implement completely new products or services.
lol good point there, way to go Jennifer !
When I look for a new product to promote then I also tend to look for something that is a compliment to the portfolio I already promote.
Was the subscribe to rss always at the end of the posts. For anyone that doesn’t do this on their own blog it’s highly recommended.
There’s a plugin that’ll do this for you out there already I use called “What would Seth Godin do?” can’t remember the programmer but will find out if anyone wants to know.
I’ve gotten your newsletter for some time now, and I just wanted to thank you for starting your blog!
You have alot of valuable info you can share and I look forward to reading it here.
Jerry lindenburgers last blog post..Blog of the Week
Davion | Secrets Of Affiliate Marketing
That is correct! Spread your eggs around and not only in one basket and the returns will be great. This translates to marketing in different niches, and even within the same niche, target sub-niches. Plus, using different business models and traffic driving techniques.
You never fail to amaze me with your series of marketing tools. I thank you for taking the time to write all these useful blogs for members. Keep it up
Emmanuel Mbas last blog post..New Breakthrough “Magic Code” Makes Your Site Money!
Absolutely right. But this applies not only to affiliate marketing, but to almost every area of life, esp. when it involves money. Never keep all your eggs in one basket. Those old cliches actually mean something…
I like to see all the blogs the sales letters about a new way of taking a product to town or to customer and it is now since Jan 2007 ! nothing new it is only more money to spend. There is a song if you are looking for wealth and inside it says “You get another day older and deeper in debt”. A good reason to go into such an adventure is at this stagnated economy be a stomperer. You have to avoid to a spammer. The developement of software to go all the way on automatic is leaving the content almost without any content it is everything similar and yours also. What are you praying?
to your success
I like the advise about having more than 1 stream of income. What
about all the people out there that are still trying to make their
first sale. I would like multiple streams but how can you believe in
multiple streams when getting a few sales is a challenge?
The content you provide is always tried and true anybody trying to figure out Internet
Marketing should pay attention.
I hope your method will help me to begin movement to success!
I think in the end it all comes down to hard work and parting with some cash, especially on the promotion side, and depending of course on your own resources. There are many other equations that come into the picture including good content whether it be a blog or website. And of course having a plan of action and strategy is absolutely vital if you want to survive in this cut-throat business.
The Hard Truth about Affiliate Marketing
Great post Reed.I find very it informative
Keep up the good work
One mistake newbies make is to start something new before the first business is going strong. For most people diverting attention from the first business before it is running smoothly causes both businesses to fail.
I agree absolutely that having multiple streams of income is the ideal, but take one step at a time for greatest success.
Liz Nicholss last blog post..Nickel Mania X– You’ll Hate Yourself If You Pass It Up
Hey Reed This is good info. I will use what I just learned and increase my online affiliate income Thanks for the free information I look forward to your next blog. http://www.YouReceiveCalls.com
Mikes last blog post..New Cash Leveraging System is Fully Automated!
I haven’t been reading for long, but I did notice the listen to/Odiogo the other day. Either new or older, that is a great idea as a feature to use.
Great Ideas Reed!
So many affiliate programs are not designed for repeat customers, but just promote one ebook, product or service.
I like programs that offer one really needed things to help marketers succeed online for instance, followed with many more ways to “earn as you learn” offers. Building good client trust – to me that is the marketers’ best mission for residual success.
Thanks for all you do…
Davine at VoipStar Communications
Excellent article! Yes, affiliate programs are an excellent way to multiple income streams.
I agree with you, that you should never put all of your eggs in one basket as fads will come and go.
What is “Hot today, may not be tommorrow.”
@Fabian very good tips as usual, btw you interesting in started to be a guest blogger here?
@Bryan you bring up a valid point a lot of people bounce from one product to another and they need to focus on one and make some money perhaps have a goal of make that first commission then $100 or $1000 a month from it then $X per day etc… then they can move to the next.
@Jim I agree people will have greater success with what they love. However anyone who reads this is passionate about internet marketing and has probably bought something related to it so I still think that’s a good place to start for many. Yes it’s competitive but if they do it right and build relationships they can build their business through joint ventures and not spend any money on traffic
@karren not sure if that was meant for this blog or not but ok.
@Kenny just added that today 🙂
@Jerry thank you
@Davion great points
@Emmanuel thanks glad you like it
@Laura yes I agree many cliches hold true
@Peter not sure what you are getting at?
@William in that case I’d focus on making the first sale and then making sales on a consistent basis before attempting multiple streams
@James thanks 🙂
@Anatoly keep trying them and I’m sure they will help you
@Bill great points
@Afam thank you, glad it helps
@Liz yes one step at a time. Baby steps is what most of us need to do
@Mike awesome, I will look forward to hearing about your success
@Ayn just added it the other day, I think it’s really cool.
@Davine great points
@Chris I agree with you we need to follow the trends
@topwebbusinesses, @thegameoflove, @i-goldmine thanks for the trackbacks
Great article and pointers. Another great way to have multiple streams is to go with one solid organization that has a duplicatable multiples streams of income marketing system that has a built in autoresponder to sell the system for you and is FREE to use.
You can find this kind of system at http://www.JuanitaOsborne.com/spiderweb
@JuanitaOsborne that could but it’s not exactly what I’d have in mind since things can go wrong with a company or they may delay sending a check.
Enthusiasm really is contagious! Diversification is always good. Filsaime and his JVs have been ranting about this integration marketing last few weeks. Having multiple products that support each other, means more money so you should create your site/sites from the beginning so that people would be interested to return to get your opinions and updates
@Jussi integration marketing is a fantastic way to make money.
Thanks for the post! Awesome advice!
I love the part where you said it is recommended to pick an affiliate product that we are interested in. I believe it will be easier to write and share my opinion/review about something that I’m so passionate about. It won’t be a drudgery for me! And since I’m having funm writing and sharing my opinion/review about an affiliate product, even without the instant gratifications of instant sales, I am fine with it. Just like any other business, affiliate marketing is also a business and should be treated as such – it needs a good business foundation which will be built overtime.
Mutiara Hobbss last blog post..Internet Network Marketing – Step by Step Guide
@Mutiara keep me posted on your success.
Well put Reed! I love reading your “stuff”- it always puts me on my focus mode.
Made by making the right decisions.
@Sophia awesome, I’m glad to help you with focus.
This is the best observation i have ever seen for this subject
great post Reed
but here is some notes
I think when I call “Multiple Streams of Income” it doesn’t stop at affiliate marketing only, People could use Google Adsense Program, Kontera or chitika as other methods to get Money Online
also while they market other people product, they must make their own product whether it is a software or ebook or membership site…etc
like you said “USE ALL WHAT YOU CAN” but not in affiliate marketing only.
I hope you respond to this comment Reed
Mohamed Akrams last blog post..Is Clickbank Legit?
Modification comment after you modify you can delete this comment
“but here is some notes” change it to “but here are some notes”
sorry for this
Dear Reed – I was given your link from an email I received by Matt. I was very impressed with your blog, and have a question. One of the people who responded to your blog mentioned not only multiple streams in IM but also by different niches.
My question is: Can you have more than just im’s on your blog or can you link to other niches from that blog? or do you have to have separate blogs and not link to the niches from an IM blog.
Hope this is clear enough and look forward to your response.
I have used Kontera on one of my blogs and i earn good from this ad program.,`,
i would prefer Infolinks over Kontera because they pay much better.;*`
Kontera pays well even if they do not pay as high as other advertisers;-`
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