Residual Income Model and Definition
The Lifetime Of The Customer?
A lot of Internet marketing affiliates only try for that one hit sale. This old affiliate-marketing model is now failing them badly and they need to re-orientate their efforts towards earning passive, recurring or residual income .
It only worked in the 1990s, when everyone was awe-struck and fascinated by The Internet. Anything seemed to work back then.
Getting the repeat purchase is the only way that their Internet businesses will survive in 2008 and on... Repeat purchases for the lifetime of the customer. That's what Jay Abraham has been teaching us for decades!
Here's a useful money making blog article explaining more about this very subject of referral marketing and royalty income .
G.D.
Business Consultant. Australia