Is it really possible to create an autopilot passive income? In this article I’m going to explain how this is possible and realistic using a clever business model known as affiliate marketing. With affiliate marketing you can sell other people’s products and services online. So you don’t even need your own products! Certain products continue paying you long after you have made the sale. Recurring income affiliate programs pay you ongoing commissions for referring sales.
For products which carry membership fees such as training services and software products, the product owner stands to earn from customers who maintain their memberships for a lifetime! With a recurring fee, these customers are worth a lot to product owners. That’s why they pay affiliates recurring commissions too! As an affiliate you only need to refer a sale once to earn a recurring commission. Refer lots of customers and you earn lots of recurring revenue – effectively giving you an autopilot passive income!
Autopilot Passive Income – What’s The Catch?
The catch is you need to learn how to sell these kinds of products. That’s a learning curve but anyone can do it given the time and motivation. Checkout a training resource here. Affiliate marketers use all kinds of tactics to sell their products and services. There’s lots of types of affiliate products too and not all of them will pay recurring commissions. See affiliate marketing commission rates. But if you’re looking to make an autopilot passive income from affiliate marketing, recurring commission products give you the best advantage.
The way in which you make your sales can also be placed on autopilot. Many affiliates will run advertising sending subscribers into their sales funnels. A sales funnel is basically a marketing setup in which products are offered to subscribers through email messages. This process can be automated too and once you have become profitable, this system runs largely on its own. Here’s how it works.
Autopilot Passive Income Through Email Marketing
An online marketer or affiliate, runs an advertising campaign through a marketing platform. They send targeted visitors to a landing page where they collect emails and follow up with email messages.
This whole process is automated, although there is some work setting it up. Get started here. Emails are sent out to subscribers offering certain products and services. When a subscriber buys a product, they are automatically offered more products in the sales funnel.
With a good sales funnel you can earn from multiple products and services:
- Subscription products – pay you a recurring income
- High ticket affiliate products – pay you larger than average commissions
- One time sales – earn a commission for each sale
- Combining these three earning strategies can give you the best return
Autopilot Passive Income – Other Strategies
Once your sales funnel is running profitably you can leave it running – potentially forever! As new sales come in, you will earn ongoing commissions for subscription sales you make. With a profitable paid marketing campaign you can also increase your marketing budget and scale up very quickly – reaching more people with products which you offer.
There’s other ways to promote affiliate products too, without using paid marketing. See 22 ways to promote affiliate products. Blogging, article writing or video marketing can all be done without paying for advertising. This is a much slower route though and takes a lot of time and effort. Whereas the paid route can mean you are making sales much more quickly.
Many affiliates will create a blog which can become a passive source of income over time. As your blog reach grows, you should find you get more and more visitors over time.
If you are selling recurring income affiliate products from your blog, your income will grow exponentially as you make more and more sales. Blogging is quite a slow strategy to generate an income online. But it requires much less investment than other marketing methods.
Summary
Generating an autopilot passive income isn’t only available to people who can invest in the stock market or purchase property. Affiliate marketing offers the opportunity for anyone to learn how to make referral commissions through online content or running paid advertising – sending people to products online.
If those products which you promote carry a recurring commission, it’s all the easier to make a passive income. Affiliate marketing does take some time and effort to generate a single sale online. But once you have learned this skill, you can repeat it again and again. If for each sale you make you earn a recurring commission, this compounds over time.
Access a free video series and learn more about affiliate marketing here.