What is residual income?
Residual
income grows over time.
You receive more residual income
as your group (Downline) grows and/or from the amount of product you sell (depending on the
program). For example, you enroll a person in January, you will receive
"residual income" payments for that person month after month for as long as they are a
member in your program (usually starting after the new person has been a member
for one full pay period). Then in February you enroll 3 more people, and so
on. Your residual income continues to increase as you work your business
and enroll new members. Each month you receive an income from each person you have enrolled in
the previous months. Obviously, as time passes and you continue
enrolling new members your monthly residual income is going to continue growing larger.What is a Fast Start
Bonus? Several companies offer fast
start bonuses or sign up bonuses on people you enroll.
This means that you receive money from each enrollment
(person you sign up into your program). The amount will vary according
to the company pay plan. Some companies will pay this weekly, others
monthly. This is in addition to your residual income. These payments
are usually made to you separately from your residual income payments.
What is a commission
check? Almost every on-line
affiliate program offers a commission check.
This is the amount /
percentage
that you earn from your monthly product sales. Be careful with this one-
make sure that you will make commission regardless of how much you sell, avoid
signing up with a company that requires you to sell a quota or minimum amount
each month, before you get a commission check. There are affiliate programs that will not pay you anything unless you sell more
than the required quota each month. Chances are you will not make the quota which
means what you did sell will not benefit you! Choose a program that pays
you the commission on every sale you make, even if it is only one sale.
What is spillover?
This is a common term used and in most cases
is overused in the industry.
In simple terms, spillover means you get the benefits
from those above you who are working and building their businesses.
With a 2 x 7 matrix both
business builders and customers receive spillover. But the true benefit comes from
a "Dynamic Compression" system. This
method of compression forces people UP higher into the matrix system every month,
filling the holes left open by inactive members. This bottom up style is new and powerful, as well as profitable to all
members in the company. It ensures that everyone in
the company is working as one giant team to maximize profits for every member.
If you are looking for a money making
home business opportunity
with a solid company
click here
to choose from several.
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