What are your monetary goals? High, low, fast, slow?
What are your monetary goals? High, low, fast, slow?
What you desire in a business, what your goals are, is what determines the things you sell or promote. High income or low income, earnings that come fast and burn out fast, or income that comes in slower but is a steady source of income. What are your monetary goals? High, low fast, slow? High, Low, Fast, slow, it is all up to you.
Do you want quick income? Then sell direct. Product sales can be quick and usually generates income that is on average lower and on a one-time-only sales basis. Selling services like Web Hosting, Training Courses, and the like generate larger income streams that carry on over time, but generally are much slower in ramping up and last over a much longer period. What are your goals, your needs? Maybe both?
If it is both, there are still ways to accomplish this. Look for a top-selling Health-related program, say a weight loss program, with a high initial commission and a recurring revenue stream as people stay in the program. Other programs that have a higher commission rate and an income stream will work. Typically they are things that people need for a longer period but have a higher sales price based on a monthly payment basis. When I looked yesterday, one of the recent Top Selling programs on ClickBank was a Diet program. Both high commission upfront and a recurring income stream from this program.
A perfect program? No such thing. All things are relative in this World. What is perfect for you may not be so perfect for someone else. Even things that generate extreme amounts of money sometimes will not fit into an individual's needs, desires, or comfort zones. There are products and services I would never sell, even if they were paying a million dollars a minute, simply because I do not believe in them. Greed is a prime mover in this World, but not for everyone.
I would suggest deciding on what your needs are and starting with a program that meets those needs first. Once that is working, move on to programs that meet other needs and goals. Say, start with direct selling of Amazon or AliExpress items in their Affiliate Programs to generate income quickly. The move into marketing programs with a much more steady and long-term recurring income for building for the future. This can be done in a systematic and profitable way. Just think about what your goals and needs are and act accordingly.
Recent Comments
4
LJ , you are writing very good post my brother
And yes , you are a very good writer who write amazing blog post
I like the way how you put High , low ,fast slow , for me it's definitely trying to achieve recurring income ,
That's my aim ,
I won't put a limit on it as yet
Nice one LJ
Keep it up
I love the way you described the different ways of means of getting an income
As you've stated, it still depends on what our goals are. Thank you for providing and giving examples of different ways and means to achieve our monetary goals
Thank you all for your comments.