Creating a blog or writing for content sites that pay based on advertising revenue are popular residual income opportunities. Independent sales representatives and creating and selling a product, such as an ebook, are also options.
An individual can consider many different types of residual income opportunities. Among the most popular are creating and monetizing a blog and writing content sites that pay based on advertising revenue. A person may also find some residual income opportunities as an independent sales representative. Additionally, an individual could create their own product, such as an ebook, through which they can earn residual income.
One of the types of residual income opportunities a person might consider involves setting up a blog. An individual can create a blog and then add clickable ads. So, every time someone visits his blog and clicks on one of these links, the blog creator earns a small amount of money. Likewise, he can place advertisements for companies that will pay a commission for every sale of a product initiated through the blog. Often, a person who chooses this option to create residual income is able to earn money from a blog post months or even years after originally creating it.
Another possibility is to sign up to become a writer with a content site. Often, these sites pay writers residual income based on the advertising payments the content helps generate. The pay per page for this type of deal is often limited, but some people are able to make a significant amount of money by writing many pages of content and posting them on these sites. Their written content has the potential to earn residual income as long as the content remains published.
An individual can also earn money as an independent representative of a company that offers residual income opportunities. In that case, he could earn a commission on each sale and then continue to receive income as long as the buyer maintains the service or continues to purchase products from the company. For example, an independent sales representative might enter into a contract to sell an Internet service. You can earn a commission on initial account registration and then earn additional money each time one of your customers pays your bill over the Internet.
When a person is looking for residual income opportunities, they might as well consider creating a product that they can sell over and over again. For example, an individual may write an ebook and sell its downloads to multiple customers. He only has to make the effort to create the ebook once, yet he has the ability to earn unlimited money from it.
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