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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 solve 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 own service bundles, you should have the ability to answer yes to all three of those questions.The third one is especially important. If you get a reputation for promoting services that dont actually help your clients, your business will not grow like it might.

If you keep your eye on that, youre going to be considerably more prone to succeed.Sample Affiliate Programs into UseHere is a quick list of several affiliate products 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 decide to incorporate into your ceremony packages.As you can see, you can find affiliate programs offered for many different different providers.

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First, write down the services that you provide (or would like to provide). Then, write down the tools which you utilize to successfully complete each job. Examples might include schedulers, email service providers, or plugins.Spend some time researching these tools and emphasize the ones that have an affiliate program. Make sure that you read the conditions of each so you understand how it functions.

Your first goal is to produce an initial package for this service. This will help your client get put 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 that you do need to lawfully disclose your affiliate relationship with all or any affiliates.

You dont want to experience all of the job of developing your packages only to find out theyre not compliant.How This Appears In the Real WorldIf youre wondering how these packages look in real life, here are 3 examples of solutions provided, along with the packages including affiliate links.Pinterest ManagementPinterest is a great source of traffic for many bloggers, but not everyone has the time (or abilities ) needed to create beautiful pins and have them submitted.

When you check out their packages on this website, youll notice you will find links to Tailwind. This popular Pinterest VA course teaches you how you can use Tailwind.BookkeepingKeeping an accurate list of expenses and income is equally important for any business owner. But accounting is not a skill everyone has (or enjoys.) Bookkeepers can integrate affiliate links into their packages, or work with a company like Xero, that has a partner program.

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Greencloud Bookkeeping attributes buttons on their services page showcasing their partner programs. You can learn more about becoming a bookkeeper here.Email Marketing ServicesGrowing an email listing 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 offer.

She provides packages customized to a variety of email providers, and when applicable, these include an affiliate link. Since many email service providers offer recurring commission, this can be a terrific way to raise your income each month.Other Ways to Incorporate Residual Income into a Service Based BusinessPlanning your bundles around affiliate opportunities isnt the only means to add residual income into your service-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 book for an additional income stream and include affiliate links in it.Place affiliate banners on your site for the products that you recommendI just want to add that there are additional benefits to structuring your business this way.

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Instead of having to learn ALL of the options on the market, you can focus on just the best ones. This can help increase your client news base and allow you to become the go-to person for certain platforms or solutions. When clients and colleagues start sending referrals your way consequently, youve developed another supply of income!With so try this many options out there, I hope I inspired you to add residual income into your service based business.

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The Ultimate Guide To Passive Income In Australia

Who wouldnt want passive income which flows in with very little or no effort on your part Of course, we would all like to create money while were sleeping, traveling, or simply relaxing.