Automated Income Stream System - How to Identify a Winner

What exactly is an automated income stream system, and what are the criteria that identifies a good one? These are questions commonly asked by folks who are looking to make money online as quick and as easy as possible. What follows is a general explanation and guideline to follow.

There are 2 main components of an automated income stream system. The first is the company and product being sold. This is the part of the system that will actually generate the income for the individual that is implementing it.

There are many companies and products to choose from. Try to choose a company that has been manufacturing and/or providing either online or offline products for at least 5 years. There is no sense setting up a highly efficient automated income stream system that is dependent upon a shaky, non-established company providing the products.

Also make sure that the company either has an efficient online delivery system (digital products) or a drop-shipping setup (physical products). You certainly do not want to be dealing with the headaches of carrying an inventory or shipping/receiving!

The second main component of an automated income stream system is a hands-free advertising solution that runs via online promotions (preferably), television, radio, newspaper or any other type of media. This creates the 'automation' for the system. Once the various types of media promotions are in place the system can, and should:

1) Advertise your product

2) Handle incoming customer interest

3) Provide detailed information to the prospective customer

4) Close the sale

5) Process and deliver the product to the customer

All 5 of these criteria need to be in place for the process to truly be an effective and automated income stream system. If they are, you can look forward to a truly hands-free business that is so much better than the standard brick-and-mortar model.

Before starting your promotions, check with the company that is providing the products for you. They may in fact have co-op advertising or some similar type of promotional solution already in place. If so, you can just plug-in to what they already have available. This will save you the time and expense of setting up the process yourself.

I hope this information was useful in helping you determine the key aspects of a highly effective automated income stream system.

Maybe you are new to the business world and all of this is a bit overwhelming. Or perhaps you're a veteran looking for a simplified way to make more money online. Either way, this FREE report is the answer you've been looking for to easily set-up and operate a thriving online business.

Scott Cofer - a.k.a. 'Mr. Free Traffic' - is passionate about helping others achieve success online. Visit Scott's Earn Money While Online Now Blog for tips on how to generate free website traffic and build your online income.

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