Submitted by: Sonny Carter

Identifying Top Residual Income Opportunities.

When identifying a top residual income opportunity, there are some key factors that need to be in place before you invest your time, energy and reputation into it.

If you are currently in a business, make sure these key factors exist in order to create a residual income that is sustainable, and will last long term.

These key success factors will ensure that your business attracts the mass market, and keeps your customers purchasing consistently on a monthly basis. After all, this is what creates lasting residual income.

The factors discussed below take into consideration the universal 80/20 principle. That is, 80% of the people are looking for a good deal, want quality products and services, and are looking for these important factors.

You want the masses participating in your business because they are the majority. If you give the masses what they are looking for, they will not have a problem buying from your business on a consistent basis.

3 KEY FACTORS:

The following key factors will help to retain your customers long term, and should exist in top residual income opportunities.

1. CONSUMABLE PRODUCT/SERVICES

When identifying top residual income opportunities, it’s important to have a product or service that is highly consumable. A product or service that is consumable within a 30 day period is preferred.

This is important when it comes to sustainable residual income since your customer will have to come back monthly to replenish the product or service your business is offering.

Having a variety of product lines that is consumable is also beneficial as it will give your customers different options to choose from, and will allow them to choose different items on a monthly basis. They will also run out of some products before using others and will increase their reorders.

1. UNIQUE PRODUCT/SERVICES

Unique product or services is very important when choosing top residual opportunities. Uniqueness entails an exclusive or patented product/service that your market cannot get elsewhere, but from your business.

This will keep your customers purchasing from your business, and only from you. It creates customer and brand loyalty, and will avoid competitors offering the same product at a better price.

3. COMPETITIVELY PRICED

The price has to be right when it comes to getting a large market purchasing consistently and monthly, and is important when selecting top residual income opportunities.

The majority of people are looking for a good buy, to get the most bang for their money.

Having products that compete in the marketplace with price will retain your customers long term. If the price is lower than what the market is already paying for, that will increase your retention rate even more, and will sustain your residual income long term from your business.

Expensive products limit your market niche, and will lower your chances of retaining customers.

There is another key critical factor that ties all three of these together that is discussed in my 10 success factor checklist, which you can find at http://10SuccessFactorsCheckList.com.

About the Author: Sonny Carter is a direct sales trainer and online marketer and has spent over 15 years in the industry as a successful business owner. He enjoys imparting his knowledge to other like-minded entrepreneurs and aspiring business owners. To find out more about Sonny, visit

10SuccessFactorsCheckList.com

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