Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,208,395 members, 8,002,455 topics. Date: Thursday, 14 November 2024 at 11:25 AM

How To Make Back-end And Residual Income From Your Business - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / How To Make Back-end And Residual Income From Your Business (122 Views)

How To Earn Residual Income With RAGP Business Opportunity! / 43 Front-end and Back-End ( Full Stack )Udemy Courses / Build Residual Income Here!!! (2) (3) (4)

(1) (Reply)

How To Make Back-end And Residual Income From Your Business by DreamHomes: 8:22am On Feb 09, 2021
One other tactics that brings more income to the pocket of pro affiliate marketers without doing any work or putting in much effort on their part is what we call Residual Income. Residual income comes from the sales of Back-End products; which allows you to make money from work that you do once or more than once. The bet here is to work better and smarter, not harder.

Back-end products are products/services you offer to existing customers. These are people who have already bought the first product (front-end product. lead product) from you. And it may be the set of customers whom you have compiled through some of your product Giveaway.
Back-End products are products that are in parts or stages, so to say.i.e. The very product, which may be inform of ebook, or software, is having volumes or upgrades respectively.
So, most online /pro marketers make much more money selling to customers the second, third, fourth edition) etc. product than selling their first product. The reason is that people who've already bought from you once are much more likely to buy again.
Strategies like back-end offers shifts the focus from the short sighted "take the money and run" strategy that is so much in use on the internet today. You've seen these sites all over. The focus is on getting a massive amount of traffic and then selling visitors an over-priced product that doesn't deliver what was promised. They might make money in the short run but they will only sell to each customer once and will have to continue spending a lot of money on advertising to get new suckers to visit their site... (Read More)

You making Back-End and Residual Income depends on many factors, but largely on choosing a winning product.
Or getting into ever green niche.

How do you do that? ����
https://www.wealthonnet.com/2021/01/how-to-make-back-end-residual.html

(1) (Reply)

Let’s Grow Our Instagram Business Page Together / What Does Equal Access To Education Mean In The Digital Age? / Win 1.5 Million Naira In Innovate4africa's Creativity Challenge

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.