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Just because you can sign up as an affiliate to get hundreds of different companies doesnt mean that you should. Listed below are 3 key things to consider when deciding:Do you know how to use this productAre you comfortable promoting this productWill this product successfully fix your clients needsIf you cant answer yes to these questions, its probably not a good fit.

However, for the products that you use as staples to your service packages, you should be able to answer yes to all three of those questions.The third one is especially important. If you get a reputation for promoting services which dont actually help your clients, your business will not grow as it might.

Should you keep your eye on that, youre going to be much more likely to succeed.Sample Affiliate Programs to UseHere is a fast list of several affiliate merchandise to consider, especially if youre offering digitally based services like virtual assistance or electronic marketing. This is not an exhaustive list, but just twenty you may choose to incorporate into your service packages.As you can see, there are affiliate programs offered for many different different providers.

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First, write down the services you provide (or want to provide). Then, write down the resources which you utilize to successfully complete each task. Examples may include schedulers, email providers, or plugins.Spend some time researching these tools and emphasize the ones that have an affiliate program. Make sure that you read the terms of each so you understand how it works.

Your initial goal is to produce an initial package for this particular service. This will enable your client get set up (or transferred) into the tool you are working with, and then you can also offer a monthly maintenance package if desired.Its important to note you do need to lawfully disclose your affiliate relationship with all or any affiliates.

You dont want to experience all the job of developing your bundles only to find out theyre not compliant.How This Looks In the Real WorldIf youre wondering how those bundles look in real life, here are 3 examples of solutions offered, along with the packages including affiliate links.Pinterest ManagementPinterest is a fantastic source of visitors for many bloggers, but not everyone has the time (or abilities ) needed to make beautiful pins blog here and get them posted.

When you check their bundles on this site, youll notice there are links to Tailwind. This hot Pinterest VA course teaches you how you can utilize Tailwind.BookkeepingKeeping an accurate list of expenses and income is important for any business owner. However, accounting is not a skill everyone has (or enjoys.) Bookkeepers can integrate affiliate links into their packages, or work with a company like Xero, with a partner program.

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Greencloud Bookkeeping features buttons on their services page showcasing their partner programs. You can learn more about becoming a bookkeeper here.Email Marketing ServicesGrowing an email list can help business owners build a relationship and trust with their readers. Setting up the technical components of email marketing, along with developing content for consistent communication are both services people can provide.

She provides packages customized to many different email service providers, and when applicable, these include an affiliate link. Since many email service providers offer recurring commission, this can be a great way to raise your income every month.Other Ways to Incorporate Residual Income into a Service Based BusinessPlanning your packages around affiliate opportunities isnt the only way to incorporate residual income into your home-based business.

In the comments, leave your link.Write an eBook manual for beginners who need a little additional help but arent able to afford to hire help right now. You can sell the publication for an additional income stream and include affiliate links in it.Place affiliate banners on your website for the products that you recommendI just want to add that there are additional benefits to structuring your business such as this.

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Instead of having to learn ALL of the options on the market, you can concentrate on just the best ones. This can help grow your client base and allow you to become the go-to person for specific platforms or solutions. When clients and colleagues start sending referrals your way consequently, youve developed yet another source of income!With so many options out there, I hope I inspired you to include residual income to your own service based business.

See our Free Money page to find the best ways to get free money now (sign up bonuses, missing money, and more).

How Passive Income In Australia - Passive Income Ideas can Save You Time, Stress, and Money.

Who wouldnt want passive income that flows in with little or click site no attempt on your part Obviously, we would all like to make money while were sleeping, traveling, or simply relaxing.