The trick, however, is to find the best program for your site, which isn’t always the first one you find, nor the one that offers the highest raw commissions.
In this post I’ll talk a little bit about what to look for in residual income affiliate programs, as well as where to find them.
This post assumes you already have an affiliate site generating significant traffic (eg: more than 5,000 users a month). If you’re not yet at this point, you should click here to learn how to get started or here to access free classes that are more appropriate for your site.
What To Look For In A Residual Income Affiliate Program
When you’re looking for residual commissions, it’s all too easy to be seduced by the programs that offer the highest commissions (in terms of dollars per sale).
It’s important to keep in mind that just because a program offers recurring revenue opportunity, doesn’t mean it’s right for your site. A single sale, highly relevant and good quality product can easily earn you more money than a low quality, kind of relevant subscription.
Not only that, but not all recurring streams are created equal. Some programs offer a low commission for the first purchase (usually when accompanied by a free trial offer or other discount) only to steadily increase the affiliate payout as the customer continues to resubscribe.
This means that sometimes lower dollar programs can actually be more valuable in the long run.
It’s also important to look at the company’s track record of customer retention. A program that offers hundreds of dollars per sale is of no use to you if their conversion rates are low, and they lose 99% of their customers after the free trial expires.
Take the time to do the math, and you’ll be well on your way to finding the right program for your website.
How To Find Residual Income Commission for Your Affiliate Site
I cover how to find good affiliate products to promote in more detail here.
When you’re focusing on affiliate commissions that will pay residual income per sale, your best bet is to find subscription based services or services that have additional upsells.
Of the major affiliate networks, I think Clickbank has the most options that fit this requirement. This is because Clickbank works to train individual information product creators how to successfully retain and upsell their customers over time.
As a result, many of these providers pay substantial (often 50%) commissions to their affiliates, with additional payouts as customers upgrade over time.
The other way to find these programs specific to your niche is to brainstorm a list of subscription services, you, as a consumer in your niche, would likely buy and continue to use for six months or more.
Then, you can use the Google techniques I mention here in order to find those affiliate products within your niche.
I hope this article helps you find the right residual income affiliate program for your site.
For more information, you should consider this free training from Wealthy Affiliate, which also goes into more depth about how to find affiliate programs that are likely to perform well on your site.