Creating Multiple Streams of Income

Creating multiple streams of income is an important

factor when considering any type of business.

Affiliate marketing is no exception. By creating multiple

streams of income it ensures your survival should one

source fail for any reason.

Having multiple streams of income can be equated to

McDonalds serving chicken sandwiches even though

they're a burger joint. If you put all your eggs in one

basket you're just looking for trouble. Also, as an

affiliate it's fairly easy to setup multiple streams of

income because there is usually an abundance of

different programs with decent products available.

Within most niches you'll probably even be able to find

products that complement each other instead of

competing with each other. This is an excellent way to

bolster your affiliate earnings.

The first order of business is to get your own web site.

Something basic will do as you won't need too much

web space. There are very inexpensive hosting plans

available today, some as cheap as $3.95 a month.

Next you'll need a domain name. These are also very

inexpensive and can be purchased for under $10 for

a whole year.

Your domain name is very important. You'll want to

try to include the name of the niche you're targeting

in the domain name itself if you can and if it's not too

long. If you're looking at the dog grooming niche for

example you may want a name like

"doggroomingtips.com"

or

"doggroomingsecrets.com" or something similar.

The next project on your agenda when attempting to

achieve multiple streams of affiliate income should be

to create your email capture page.

Your capture page should be your top priority. Consider

this your sales page even though you won't be selling

anything in the true sense of the word. By capturing the

name and email address of your prospects before sending

them to the merchants site you'll build a list that you

can send other offers to whether they purchase from the

original merchant or not.

It's been said many times by the internet's top marketers,

"The money's in the list"! This rings true for affiliate

marketers as well as product creators. You can build a list

by writing a special report pertaining to the niche you're

targeting. Perhaps you can write a review of the product

you're promoting or a "top ten" list of reasons to use the

product. Offer the report for free so long as your visitor

leaves their name and email address. Use a double opt-in

autoresponder to protect yourself from unethical folks.

After the prospect has confirmed their address send them

to the download page of your special report. And a word of

advice - Don't just send a download link. By sending them

to an HTML web page you can sprinkle in links to different

affiliate products.

Also, write up 7-10 emails to go out at 2-3 day intervals,

each highlighting a different aspect of the main product

you're promoting. Then you can add more emails to go

out at 7-10 day intervals exposing your readers to

different products in the same niche. Explain how these

products complement your main product and why your

reader would benefit from the purchase.

By setting up a few of these simple sites offering an array

of special reports in one niche you'll be promoting several

different affiliate products within that niche.

Find a variety of other profitable niches to target, repeat

the above process and soon you'll have a whole network

of sites funneling prospects into your sales process. The

result -You'll soon have multiple streams of affiliate income

in several different niches producing substantial incom