If you’ve been getting an autopilot salary during the pandemic, perhaps you’re wondering how this could continue? After all, how long is the government going to keep paying out grants? Perhaps there’s another way to earn an autopilot salary during lockdown.
Maybe you’ve been furloughed and are dreading going back to work? If you like the idea of an autopilot salary, this could be for you!
Autopilot Salary
One of the best ways for anyone to earn an autopilot salary is through a recurring income strategy and one of the easiest ways to generate a recurring income payment is through a membership or subscription service.
Most people simply don’t know how to do this. They don’t have a product or service to offer of their own. But a clever business model known as affiliate marketing can allow anyone to benefit from the sales of other people’s products on the internet.
Affiliate Marketing
An autopilot salary can be generated through the sale and promotion of recurring income affiliate products online. These are things like memberships and software products which people access over the internet. A good way to explain affiliate marketing is through recommendations. Have you ever recommended a nice restaurant or a gym to a friend. Perhaps a certain make of phone or a TV?
Affiliate marketing works in a similar way to recommendations; except with affiliate products if your friend purchases an item, you earn a commission based on the sale. So basically affiliates recommend products and services over the internet and benefit financially from the sale.
In some cases such as with membership and software type products, affiliates earn ongoing commissions for the lifetime of the customer. Basically this can be like an “autopilot salary”. Affiliate gets paid over and over for the work they have done previously to recommend and refer someone as a customer to a business or product.
Recurring Income Products
Recurring income products give the affiliate an ongoing income from each sale they make. If you choose the right kinds of products which offer huge value, customers tend to maintain their memberships and keep paying. Here’s an example of some recurring income affiliate products which can give you an ongoing income:
- Training resources for online businesses
- Software for businesses
- Website hosting
- Autoresponders – email marketing services
- Business optimising tools
See also recurring commission affiliate programs.
Automated Income Online
Anyone can generate an autopilot salary online even without any prior knowledge or experience. With drag and drop platforms and online support this is one of the best times to start an online business from scratch.
If you’re interested in generating another income stream online, or want to completely replace an existing income and transition to working online full time to escape a traditional job, click on the image below to access a free webinar.
