Two words: Recurring Payments
If you’re like many online marketers, you might think the key to success is having a huge list of subscribers and tons of customers.
And of course, both of these things are good. But if each customer only buys from you one time, then much of your time, energy and resources will be spent on forever finding and selling new customers.
If, however, you can increase how often each customer buys from you, then you can make more sales while doing far less prospecting.
For example, imagine if each customer buys from you 6 or 8 times instead of once. And imagine if you only have to sell them once for this to happen…
…you can begin to see the power of subscription payments.
And it gets even better…
People who buy from you on a subscription basis are much more likely to buy other products from you as well.
You can spend far less time hunting for new customers, and more time cultivating the customers you already have.
You continue to get paid until the customer does something to stop these payments. It takes effort on their part to overcome their own inertia and figure out how to unsubscribe. Often it’s easier for them to put it off, sometimes for months and even years.
If the service or product you’re selling brings a tremendous amount of value, they’re not going to want to cancel. Ever.
You have an excellent idea from month to month of what your income will be. You’ve got financial stability. You can plan ahead.
Continuity products can be clubs, memberships, subscriptions, software and so forth. It’s a product or service that the customer subscribes to, usually on a monthly basis.
As an affiliate, you receive a percentage of the sale each month as the customer renews.
As a continuity product owner, you receive payments as long as the customer stays subscribed. You receive full payments if you made the initial sale and partial payments if your affiliate made the initial sale.
Some of the best continuity programs for affiliates involve a service or subscription that is a valuable part of the customer’s business. For example, if someone is making money with their list, they’re not going to give up their autoresponder.
Some marketers make ongoing 4 and 5 figure payments each month from just one of these continuity programs, such as Aweber. Other marketers start their own continuity program and find financial security within months and sometimes even just weeks.
A huge weight is taken off your shoulders when you KNOW that next month “X” number of dollars will be coming in, even if you don’t sell anything new. And you can use that money not only to live on, but also to reinvest into your business. Use advertising to drive more customers onto your lists, where you guide them into more continuity in your quest to help them and accelerate your early retirement.
We’re giving you a list of 22 stable, reliable continuity programs to get you started. We’re going to reveal how you can make residual income by simply giving away training.
We’re going to go in-depth on how you can start your own continuity newsletter easily and cheaply, even if you’ve never created a product before.
And we’ll reveal the one key secret used by a certain young man to rapidly build the world’s biggest social network and make his fortune. You can use this exact secret to build your own continuity programs and sell your affiliate programs as well.
22 IM Recurring Payment Affiliate Programs
We’ve compiled a list of internet marketing affiliate programs that pay recurring payments. Most but not all pay these commissions for as long as your referrals stay with the service. Many of these programs offer a free trial period, making them easy to promote. Simply offer your readers ‘X’ number of free days of ‘Y’ service to try it out for themselves.
This list is just to get you started, and is by no means exhaustive.
And while we’ve tried to be as accurate as possible, programs and the commissions they pay can change literally overnight. So please explore these for yourself and by all means choose only the ones that are an excellent fit for you and your readers.
Answer Base – Q. and A. software that can grow search engine traffic as well as cutting down on customer service requests. Pays 50% of first payment, 15% lifetime commissions.
Ashop – Makes it easy for online merchants to have their own store. Pays 25% lifetime commissions.
Aweber – The godfather of all autoresponder services, the name practically speaks for itself. Pays 30% lifetime commissions.
Click Funnels – Russell Brunson’s program to build entire sales funnels, start to finish. Commissions are 40% per month or year, which adds up really fast considering he charges $97-$297 per month for the service.
Convert Kit – Email marketing for blogging professionals. This is a terrific autoresponder for bloggers and marketers, and pays 30% commissions.
DreamHost – Reputed web hosting company offering premium hosting and a dedicated version of WordPress called DreamPress. Make $97 per referral or 10% recurring, as well as $5 for each referral your referrals get.
Elegant Themes – Offers premium WordPress themes and plugins. Pays 50% commission, and you get paid again when your referrals renew their licenses.
Get Response – Another great autoresponder, offering a 30 day free trial which is an excellent selling tool for you, the affiliate. Pays 33% lifetime commissions.
HootSuite – Multiple social account management tool. Pays 15% recurring for 12 months.
Improvely – Conversion tracking and analytic tool to track organic traffic and ad campaigns. Pays 50% on first payment, 10% recurring.
Lead Pages – A very popular landing page creator. To be an affiliate you need to sign up for the service. Pays 30% commissions.
PowerMyAnalytics – Measures your advertising return on investment with better and more detailed tracking. 20% lifetime commissions.
Qhub – Q. and A. software that integrates with WordPress and can be embedded on your Facebook fan page. Pays 50% commissions and another 10% on their two-tiers program.
Semrush – An SEO and SEM tool with high conversions. Pays 40% recurring commissions.
Shopify – An ecommerce platform that offers total control over the look and feel of your online store. Pays 20% commissions.
Snip.ly – Drives conversions through content curation by adding a call-to-action to every link you share. Pays 20% commission.
SocialOomph – Social tool for scheduling posts, getting social insights, monitoring multiple accounts on one dashboard. Pays 40% recurring plus 5% from referral revenue.
Social Pilot – This is a social media automation tool, popular among entrepreneurs and bloggers. It lets you schedule updates on multiple social-media accounts, as well as auto-publishing using RSS. Pays 30% commission.
Tailwind – Pinterest scheduling tool for tracking, improving your pins and scheduling. Saves time, gains more blog traffic from Pinterest. Pays 15% recurring and $0.20 per free trial.
TD Web Services – Managed WordPress hosting, business hosting and dedicated servers. Pays 35% commissions.
Thrive Themes – Offers a suite of products for bloggers and internet marketers who use WordPress. Their specialty is conversion optimization and their products sell well. Pays 50% commissions on purchases and 25% recurring commissions.
Upcity – Local inbound marketing services and SEO software. Pays 20% lifetime commissions.
The very best method for promoting these programsis to first use them yourself. Then you can give a first-hand accounting of what you like about the programs, and why you’re recommending them to your readers.
Of course there are plenty of recurring payment affiliate programs in other niches besides Internet Marketing. Whatever niche you’re in, make a search, find two or three you absolutely love, and promote them like crazy.
Soon you’ll be earning monthly income for referrals you made weeks and even months ago.
How to Make Residual Income Giving Away Training
This one is all in the choosing – that is, finding an affiliate program that perfectly suits the technique you’re about to discover. Ideally, you want to pick an affiliate program that offers residual income. Frankly, you always want to choose residual income if you can get it.
Did you know that some marketers make 4 and 5 figures per MONTH with autoresponder and hosting affiliate programs? That’s because once customers sign up to get an autoresponder or hosting, they seldom switch. And as long as they’re marketing, they need the service.
So the trick is, find something that pays well and pays often. Preferably something that offers benefits other programs don’t have.
Now then, once you’ve got your affiliate program you’re going to tailor training around the program. Here’s the trick – don’t make the training “how to use xyz program.” For example, don’t make it, “How to use Aweber.”
If you do then most of the people who get your training will already have Aweber and they won’t be buying it from you. Instead, tailor your training to the benefit the program offers. In this case, your training would be “How to quickly build a list and start making money,” or something along those lines.
Then give them a step-by-step training, using Aweber in all of your examples. Put in an affiliate link to Aweber so they can sign up. And you might also put in a link to a free service, just to be fair.
True, the free service won’t work the same way as Aweber, but they can still get the same result. Now give your training away all over the place. And offer it to all of your list members as well. I’ve seen marketers earn 4 and 5 figure monthly income using this method.