Here’s a great tip for resid­ual income.  It’s not a secret but it is exploited every­day by large cor­po­ra­tions and you should be doing the same.

Two words:  repeat busi­ness

I found this arti­cle that runs over the basics of repeat busi­ness and it’s a must-have for resid­ual income.

“Repeat Busi­ness Equals A Resid­ual Income Stream For An Inter­net Home Based Business

Resid­ual income comes from other peo­ple react­ing to a sin­gle action by the owner of an Inter­net home based busi­ness. What bet­ter way to secure resid­ual income then through repeat busi­ness? At its very heart resid­ual income and repeat busi­ness go hand in hand. The most suc­cess­ful inter­net home based busi­nesses know this and that is why they are suc­cess­ful. All it takes is impress­ing some­one once to earn their busi­ness and money again and again. So repeat busi­ness will always equal a resid­ual income stream.

The large cor­po­ra­tions know and believe in repeat busi­ness. It is much eas­ier to get repeat busi­ness than to get new busi­ness. It is also easy to build upon repeat busi­ness and use it to cre­ate new busi­ness. Every busi­ness owner will say that repeat busi­ness is essen­tial to busi­ness success.

Repeat busi­ness is basi­cally when a cus­tomer returns to a busi­ness to buy again. They have already been there once, liked what they got and came back. Chances are they also told some friends or fam­ily about their expe­ri­ence, too. Refer­rals are a big busi­ness builder too. Peo­ple are more likely to shop some­where if they were referred by a trusted friend or fam­ily mem­ber than sim­ply through a response to adver­tis­ing. Repeat busi­ness is more than it seems. It shows the owner of an Inter­net home based busi­ness they are doing some­thing right and that they have great prod­ucts. The inter­net home based busi­ness owner who gets a lot of repeat busi­ness is going to be suc­cess­ful because he is build­ing up a cus­tomer base of loyal peo­ple who believe and trust in the busi­ness. When cus­tomers become loyal they are usu­ally cus­tomers for life.

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