Monday, September 28, 2009

Revenue Sharing - Online Income System - Article

How Revenue Sharing Programs Fattened My Wallet!

Yes, there are online income systems called revenue sharing programs are all the rage right now and there are plenty to go around.

Online revenue sharing programs are sites that share a percentage, usually between 60-80%, of their weekly income with advertisers that join their program. The weekly rebates, or bonuses, are NOT to be confused with investments, as each site is very careful about the wording in their TOS and FAQs. You are not joining the program for investing purposes, you are purchasing advertising! However, it is common knowledge that the rebates, or bonuses, received from the “revenue sharing” portion of the program are quite lucrative. The rebates are NOT guaranteed and most are variable; if the program has not brought in much income for the week, the rebate will be lower than a week where a lot of income was generated.

Depending upon which program you join, you are able to advertise multiple sites (3-25 is average) for others to view. Most will also offer banner and text advertising as part of your membership.

Now the number changes every week, however, I have to tell you, I get quite a few sign ups each week by advertising my sites this way. So, now I’m not only collecting a weekly bonus on each site, but because of more people joining MY sites, I’m also making more in referral commissions (cha-ching!)

Every week, I make it a point to “view” or “surf” quite a few more sites than I am required to because for every other site I view, MY sites also get viewed more. And it doesn’t cost you any more money, just a little bit of time. It’s also a good way for you to keep up with the new programs that start up.

You see, part of the “revenue sharing” plan is for each member to “view” a certain amount of sites either daily or weekly. Remember, these are advertising programs and while you are viewing other peoples’ sites, you can be assured that others are also viewing your sites, making you even more money on a weekly basis.

I got involved in my first revenue share program back in March of 2009. The program is not active anymore, but it was a great place to get my feet wet and start learning the ins and outs of the revenue sharing program methodology. One thing you learn real quick is that having any kind of online income system requires you to learn and adapt as things change.

First thing you have to learn is to NOT get emotional or attached to a single program; you are going to get in trouble that way. Most of these programs are NOT long term (there are exceptions, of course) and there are usually some warning signs before they end up folding.

NEVER place money in a program that you cannot afford to lose! I’ll repeat this one. . .

NEVER place money in a program that you cannot afford to lose! Got it?

Put a plan in place where you are able to get back your “seed” money as quickly as possible and then start growing your advertising deposit. Of course, pay yourself a little bit every week, so that if/when a program goes away, you WILL have gotten your seed money and some profit back! Get yourself in profit as quickly as possible so you will always be ahead of your deposits!

I say that from experience, Folks! It is NOT funny to open up your email and see that a program you just placed $500 in advertising fees last week closed its internet doors last night! The lump in your throat gets very large and it’s hard to swallow. PLEASE pay attention when I say that there is LOTS of money to be made in this market, but protect yourself by starting small, get in profit, and THEN let it grow.

Don’t forget to keep collecting some profit even after you’ve collected your seed money back.

Re-invest some of those profits in another revenue share program where you can be impressed with yourself by starting a second program with profits from another. This is a sweet position to be in. Believe me, it’s a GREAT feeling!
Again, revenue sharing programs are a sweet deal right now, but there is always some risk involved. By following the above steps, you will be minimizing your risk. By diversifying your profits, you will be spreading your money around and having it earn you even more.
Have fun.
Michelle

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