Multiple Streams Of Income

Multiple Streams Of Income – 3 Types Of Products To Sell To Create Multiple Income Streams

If you can create multiple streams of income then you will never have to worry about money ever again. In this article Mark Ford shares the three types of products you should be selling and a turn key digital business that has everything in place.

mark ford

Mark Ford

Hello, Mark Ford here, home business lifestyle coach, and today I am going to share with you how to create multiple streams of income by selling 3 different types of products and services.

One of the biggest features of running an online business is the flexibility it gives you to increase your earning potential. When you work for someone else as an employee you are relying on them to pay your wages at the end of the month.

You only have one income stream and if that is taken away from you for any particular reason then your life will suddenly become a lot more stressful until you find another job.

The trouble is that although it will good that you have another job you are still in the same position of uncertainty as to how long that will last.

So it is always better to have multiple ways to earn your income and in this post I am going to show you how 3 different types of products and services that can be implemented into your online business, to create multiple streams of income so you never have to worry about money again.

multiple streams of income

Multiple Streams Of Income

Click here to find out how to create multiple streams of income.

Multiple Streams Of Income – One Off Purchase Products

These are usually lower priced entry products that people can easily afford and can be the bread and butter for your business. They can often be an impulse purchase that provides an instant solution to a problem they are suffering from and gives them the sense of instant gratification.

Multiple Streams Of Income – Recurring Payment Products

If you can incorporate these products into your business model then you will have a guaranteed cash flow for your business month in and month out.

These products and services are ones that an individual will pay a monthly subscription for and if you look at you own buying habits you will find that this is what you do.

For example if you have satellite television you pay for that monthly or you mobile phone. You may also pay for a gym membership which again is a recurring income payment that your gym receives for as long as you keep being a member.

So as an online business owner you need to look at what product or service you can provide that entails people paying a monthly subscription for. It could be for a piece of software or an exclusive membership site.

Multiple Streams Of Income – High Ticket Products

These products really are the icing on the cake and can really improve your cash flow. Typically these products will cost in excess of $1000 so you don’t need to make many sales to really see the benefit of having them within your product line.

You would position these products within a sales funnel which people go through after they have made their initial purchase which is the one off payment product and subscribed to a recurring payment product.

You will have built up an element of trust within the customer so they will be more comfortable in paying such a price for a premium product because they know that you give full value for money.

Multiple Streams Of Income – The Six Figure Mentors

Stuart Ross - Co - Founder of SFM & DEA

Stuart Ross – Co – Founder of SFM & DEA

The Six Figure Mentors have a digital marketing business system already set up with the 3 types of products that I have shared with you to help you create multiple streams of income.

To find out how you can leverage their system please click here to watch a presentation from one of the co-founders Stuart Ross where he shows you how to potentially earn a six figure income.

Now you can see the power of multiple streams of income and how to implement them into your online business. Make sure you check out the video from the Six Figure Mentors which shows you how to promote their products and services to create multiple income streams.


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Mark Ford

Mark Ford

Mark FordHome Business Lifestyle and Blogging Coaching with Mark Ford, loyally stepping up for others SO THAT they are given inner peace.

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About Mark Ford

Home business lifestyle and blogging coaching with Mark Ford, loyally stepping up for others SO THAT they are given inner peace. Many people live the life they think they have to live. They are overworked, underpaid, and unfulfilled. But the good news is that it doesn't have to be this way. My name is Mark Ford and my goal is to help you recognize your potential and equip you with the skills you need to turn that potential into a viable online home business in the digital economy. We have to stop making excuses and make it happen, whatever that is for you? > Read my story at http://markfordsblog.com/about-mark-ford/
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