Subscription Residual Income

You can earn subscription residual income by selling a subscription type product or service.

It can be done as an upsell or as a backend product.

For example, instead of selling an product, such as ebooks, for a one time profit, you can create a membership site and charge for monthly subscription.

It's not just for e-books, you can make it work for any product or service you sell. Some subscriptions that might work for your product could be:

- e-mail/telephone consulting
- a private or members only web site
- print newsletters/magazines
- product updates
- subscription warrantees
- product insurance
- e-zine/webzines
- the ideas are endless.....

If you are offering a service, you can come up with a maintenance service package whereby your customers pay you an amount every month.

You could charge a weekly, monthly, or yearly subscription for the upsell product. You could sell your main product and upsell product as a total subscription package deal. You wouldn't charge the one-time price for your main product; you would just charge the basic subscription price of the upsell product.

The major benefits are that you don't have to keep creating new upsell and back end products. Once you get enough subscribers you won't have to sell anymore, you just keep generating income from your current subscribers. You would only have to sell again if you lost a lot of subscribers.

Like it or not, the product or service that you choose to sell will determine your maximum potential income.

The two most powerful things to sell are:

• Products that customers use up and will buy again and again
• Services that customers subscribe to and use every month

Selling services is the most powerful of the two, because the customer will never have services left over at the end of the month. That is not true with consumable products.