residual affiliate programs Archives - Affiliate Marketing Mentors

Residual affiliate programs can give some much needed stability to an online business. With affiliate marketing, you can go from month to month with a fair amount of instability; especially at first.

When I started out, it took a long time to sustain a level of sales and income. At first, I just didn’t make any sales at all! As I kept at it, the time between sales became less and less. Once I discovered residual affiliate programs I was able to make a consistent income through affiliate marketing from subscription affiliate programs.

Subscription programs are definitely a good idea. Each sale gives you a monthly income, rather than a single commission. Of course there’s attrition – people drop out from subscription programs. But if you’re building memberships and subscriptions faster than the attrition rate, you’re on the right path for a sustainable and continually growing income.

Residual Affiliate Programs – Here’s some

Here’s a few affiliate programs which offer residual commissions:

SFM – (The Six Figure Mentors), monthly memberships pay $20 a month per referral + Up-sell commissions. Access a free account here.

Aweber – Free 30-day trial, 30% monthly recurring commission.

GetResponse – Free 30-day trial, 33% monthly recurring commission.

Benchmark – 25% recurring commission.

ConvertKit – 14 day free trial, 30% monthly recurring commission.

MailerLite – 30% monthly recurring commission, $120 payout threshold.

Sendlane – 14-day free trial; 30% monthly recurring commission.

SEM Rush – SEO tool – 40% recurring monthly commissions on your referrals.

The main problem for new affiliates is learning the strategies to actually sell these kinds of products. It takes time and effort to learn. I struggled for years with affiliate marketing before I found a training resource to show me how it was done!

If you’re a beginner, expect to set aside some time and commit for the long term if you’re serious about making a living from promoting online products.

Residual Income Affiliate Programs – The SFM

I recommend The SFM (Six Figure Mentors) because it’s a program which has helped me become a paid affiliate. Before finding the SFM I tried many courses which I write about in my article digital profit course review.

The SFM offers training and resources for anyone starting out from scratch with no previous experience. There’s mentors and coaches, training and software which can help you set up a sales funnel, promote the SFM’s own products, or other products you choose, and build a long term online business.

But the SFM’s product range offers something quite different from many of the other residual affiliate programs out there. It has a sales funnel and product range which offers:

A number of high ticket products – products which are digitally accessed over the internet (paying the highest levels of commission) and priced over $2500. Affiliates can earn between 5% and 40% on products valued from $2500 to $20,000
Affiliate recurring commissions – earn $20 a month on your direct referrals for their memberships.
Multi-tier option – At the Partner Level membership you can earn from two-tier commissions. Two tier commissions come from sales made by your referrals
There’s a built in sales team so you don’t need to do the high ticket selling yourself. Simply refer people through your sales funnel. Your members are automatically offered other products within the range.

Coaching And Mentoring

If you’ve never done any affiliate marketing before, or even if you have, The SFM coaching and mentoring program offers a number of options. At basic membership level, there’s a huge choice of groups, trainings, live sessions and recordings you can access.

At higher level memberships you can access 1 on 1 affiliate marketing coaching, and a number of other useful and important trainings for building your brand online and becoming a full time online entrepreneur.

You’ll also be able to access the top commission levels and multi-tier commissions with the higher membership levels. A top level sale of a $20,000 product can earn you $8000 (40%). Plus you’ll be able to benefit from more personal coaching and mentoring from other six figure earners.

Who’s The SFM For?

The SFM offers a number of trainings, software and mentoring for anyone looking to start out online and earn from the internet. You can choose your path by either using the SFM’s own product range, promoting your own products or other affiliate products, or using the training for promotion of your own service or business.

Founders of the SFM Stuart Ross and Jay Kubassek

If you don’t have your own service or business, the product range offers you a number of earning possibilities according to your level of investment and commitment.

Building any business is a commitment though and whatever path you take there’s no guarantees. The SFM is not a get rich quick scheme and you shouldn’t expect an outcome without putting in the work.

But if you’re committed and hard working, it may be the solution you’re looking for! You can access a free video series here to learn more, access a free account here, or purchase basic membership here. There’s a risk free 30 day money back guarantee with your basic membership.

Yes, residual income affiliate programs are key to making affiliate marketing work. Without a residual income coming in month after month, it’s very difficult to get traction with an affiliate business.

Without residual income, you need to rely on selling products over and over again. This takes time to learn and there’s two main strategies for selling affiliate products: creating content or running paid advertising.

When you’re starting out, it’s doubly difficult because you’re probably working a job and juggling your affiliate business in your spare time. If not, and you’re time rich, you may be money poor. This could mean you’ll be relying on creating content for your marketing. This can take a long time and without a residual income product, a single sale doesn’t go very far.

Residual Income Affiliate Programs

With content marketing, sales can be sporadic. But if you’ve used a program which pays a recurring income, your income will compound over time.

Some of the best residual income affiliate programs are software tools which affiliates use themselves. This is because once someone starts having a successful affiliate business, they really can’t do without the software. They need it in order to keep their business alive.

Tools like autoresponders, hosting providers, SEO optimisation tools and training and mentoring programs fit into this category. Here’s a few of my favourites:

The Six Figure Mentors – Digital Online Business Mentorship Program.
Aweber – For email marketing
Leadpages- For custom landing pages
Get Response – Email marketing
Elegant Themes – WordPress website themes
Social Pilot – Social Media Tool
SEM Rush – SEO tool
Snip.ly – Conversion/opt-in tool
HostGator – Hosting provider
Shopify – Online Store Builder

Residual Income Affiliate Programs – Other Considerations

Any program which offers residual income is far better than one which doesn’t. However, some affiliate programs pay far more than others too. For example, compare a high value digital mentoring course with a book from Amazon. One will cost only £10/$15 so you’ll only make a few cents/pence on the sale. Plus you’ll only earn the commission once. After that you need to sell another item and then another.

But with a high value digital course, you can earn up to 40% commission on a sale of a $10,000+ digital marketing mentorship course, for example, which also offers membership residual income.

As a new affiliate, it’s easy to latch on to doing something, anything, to get things going. But you can spend the same amount of time selling low value physical products which only pay a fraction of the larger value digital products; the same amount of time and effort for a much smaller reward!

Marketing Your Affiliate Program

How you bring your affiliate products to market is an important factor too. It’s not just about choosing the right products for the residual income and those products which you’re aligned with; but also about how you intend to put them in front of people and how you convey your messaging.

The two main marketing strategies fall into two categories: paid and free. Free marketing is usually done through content marketing of some kind. Create great content, build a list of fans and promote your products through your list. This takes time and a lot of patience. You need to be passionate about what you’re doing or you can easily burn out. The money is not a good enough reason for most, who drop out before they even reach 1000 subscribers.

Paid marketing is different because you can build your list very quickly if you have the money. However, you also need to consider the value of your products and your likely return on investment. Anyone with a large bank account can easily blow a fortune on paid marketing and sell nothing. Also, some products lend themselves to paid marketing more than others.

For example, if you’re selling cheap physical products from Amazon, it’s simply not a viable option to run YouTube or Facebook advertising and expect a profitable return.

Time Rich Or Time Poor?

Are you time rich or money rich? Or neither? Depending on your individual situation and circumstance, you’ll need to approach your affiliate marketing business in a different way. If you’re burned out working 60-70 hours a week in a corporate career, you can build an online business very quickly using paid marketing and purchasing some high ticket affiliate products to sell.

If you take the right steps and get the right help you can replace your income within a year. However, if you’re working a part time job and doing affiliate marketing on the side, you may not be as desperate. Perhaps you have the time to spend less and use your time to better effect through using cheaper and free marketing strategies such as blogging or building a YouTube channel.

Get Help

One of the first things you should do as an affiliate marketing is connect with other affiliates who are doing better than you are! It’s the same in all walks of life. If you want to excel at something, learn from people who are further ahead than you.

Affiliate marketing can be tough, especially in the beginning. You spend a lot of time doing many things which simply don’t work. It’s easy to see why so many people quit. But when you can get something working, it gets easier to make sales. Over time, if you stick at it for long enough, you’ll be making sales in your sleep and won’t even have to work anymore!

Access an online business community through this link and learn from people who are already full time entrepreneurs online.