The 6 Must Have Passive Streams You NEED To Have On Your Business Website
There are 6 streams of income that your Tampa Business website can create passive income for your business.
The 6 Must Have Passive Streams You NEED To Have On Your Business Website If you own a business and you don’t have a website,
get one. If you do have a website, but it only serves as an online business card, then you are leaving money on the table. Websites can do so much more than just promote your business. They can make automated passive sales for you from a variety of different products. Your website is actually a profit center for your business and within that profit center you have multiple streams of passive income opportunities. These streams are a list, the sale of an item or items, Adsense, CPA offers, affiliate products, and advertising space. 1.) The optin-form. Your ‘Home Page’ should be the ‘focus’ of your business and this is where you should put your customer contact collection form. Known in the Internet Marketing as an ‘opt in’ form, this simple system allows your visitors to give you their name and email address so that when you want to have a sale or update your customers about new inventory or services, all you need to do is compose one simple email and it will automatically go out to every one of your customers. This ‘list’ also has it’s own additional streams of income as well, such as emailing them about others new services as an affiliate and making commissions for helping others promote their products to your list. 2.) Item sales. You can sell your own products and or services right from your site, giving your customers and ‘ease of order’ solution. This is great for businesses since it can help to cut down on overstock. No matter what business you are in, chances are someone has written a book about it, and if they haven’t there’s a book to be written. This is also another source of revenue. You can be an affiliate for an existing book for commissions, you can buy a book with Private Label Rights or Master Resale Rights for sale, you can have the book ghostwritten which is fairly inexpensive, or you can write it yourself. 3.) Adsense- Adsense doesn’t make a lot of money. Generally speaking, if you don’t have loads and loads of pages on your site, Adsense earnings aren’t going to amount to much. However, Adsense recently added a ‘video units’ feature that allows you to make Adsense players right from your Youtube account, and Youtube generates the html code that you just paste right in to your website or blog. You now have video on your site or blog, and when people watch it, if they click on the ads, you make a little extra money. Video units is still new and being tested by marketers, but video will help to keep people on your site and those clicks can add up, especially as you continue to add pages or posts.4.) Affiliate Products. Just to give you an example, let’s say you own a health food store. There are ‘affiliate managers’ like Clickbank and Paydotcom that allow other merchants to put their products in what is called ‘The Marketplace.’ You simply sign up for free accounts with these merchants and look for products that complement yours. So, if you do own a health food store, you might find a really good selling ebook on Clickbank on “Healthy Living” which sells for $27.00 and pays out a 50% commission. All you have to do is link to it from your site, and the tracking codes and your websites visitors do all the work for you. 5.) CPA programs. CPA stands for Cost Per Action. In essence, a CPA program is an affiliate program, but instead of the visitor having to ‘purchase’ something, they have to ‘perform an action,’ such as giving an email address, or filling out a form. Some programs have ‘costs’ such as a $4.95 shipping and handling fee on a trial offer of something, but a vast majority of them only require information for you to get your commission. 6.) Selling advertising space. This is probably the least used profit center in most websites simply because, if you don’t have a lot of traffic, you won’t be able to command much money for selling your space. But if your market is a targeted market, you can find people who will be willing to pay you $5.00 or so per month for a link or a banner on your site. The key is to not be in ‘direct competition,’ but in a complementary market. Such as, if you own a small car dealership, there are Internet Marketers and webmasters who will pay you $5.00 for a banner on your site that leads the their “Auto Loan Application” CPA offer.Websites are a must for any business, an accompanying ‘blog’ is where most of the ‘profit centers’ are best utilized. A website with blog combination allows your business to increase it’s profits exponentially with passive streams of income. Although a website is crucial for a businesses image of professionalism, it also offers the ability to increase earnings through it and all through the use of automated systems. If you are not maximizing the revenue potential of your website, you are leaving money on the table. Visit our Tampa business blog to learn more about doing Internet business.