Residual income is income that continues to be generated after the initial effort has been expended. So, if you work hard and do things right in the beginning, you will continue to earn off of this effort, even long after you have moved on to other things.
Success in internet marketing usually comes very slowly. You could go on for years without seeing any return, but if you are consistent and continue to work at it, you will gradually begin to see the money rolling in. And once this happens, you will see the snowball effect take place and eventually you will be able to make money doing nothing!
So what do you need to work at? You need to bring traffic to whatever it is that you are promoting - to your blog or website or to your affiliate product website. The more people you can get to your website, the more sales you will make.
So what are some of the pros and cons of internet marketing?
First of all, if you prefer to have a regular "guaranteed" paycheck where the amount of time you put in equals the amount of money you receive, internet marketing is probably not for you. If you don't like to study and learn new things, learning internet marketing is probably not for you. If you need someone else to motivate you or manage your activities, internet marketing is not for you.
One of the most obvious pros of internet marketing is that you don't have a boss telling you what to do. You work for yourself and make all the decisions. Being able to work whenever and wherever you please is a great goal to shoot for.
Your pay is not an hourly wage or salary so there is no limit to how much money you can make. Let's say for example that you decide to write your own e-book (it may sound difficult to you now but this is a very attainable goal if you do just a little bit of training). You spend a lot of time on this e-book and then you make money off of the sales for years to come - you just need to make sure that you are driving traffic to the sales page of your e-book.
This is what passive residual income is. . .and it is one of the greatest benefits that internet marketing offers. Putting out or representing a quality product once or twice a year will have a great impact on your income for the months or years, even if you're not working. Again, that's how you can make money doing nothing.
Thank you for reading,
Posted by: Jose Amoros
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