In our daily life, we can see that it is very inconvenient for us to live without using electricity and water. We need these resources everyday and we need to pay it. This is why we have our monthly electricity and water bills. Similarly, we need telecommunication services in our daily activities. This is why we also pay our monthly phone bills and internet fees. So, who is the one that earns recurring income behind our monthly bills payment? I bet you already know the answer.

In fact, not every one of us has the capability of owing a company like the above that offers people "A Must Have Daily Needs" services and earns residual income behind the recurring payment collections from them. But, the good news is, this kind of residual income can be easily found on the internet and one of the most popular channels to earn residual income online is through Affiliate Marketing.

There are many affiliate programs on the internet. One has to be a little bit bias in choosing affiliate programs in order to earn a long term steady residual income online. I would recommend that we target for the electricity, water and telecommunication companies liked affiliate programs that I mentioned in the first paragraph. These are affiliate programs that offer the basic needs of people. So, people are willing to invest and spend money on them everyday, months and years. Below is a list of three program categories where you can find the opportunity of earning residual income by promoting their affiliate programs:

• - Domain name & Webhosting
• - Autoresponders
• - E-commerce tools

Imagine that in order for us to own a website, what are the basic tools needed that we have to invest? The answer should be the domain name and webhosting. If we were to do internet marketing, the tools we might need to consider to invest further are autoresponders and E-commerce tools. We need these tools and services in order to run our business or our plans as scheduled. So, we are willing to pay for the services monthly or yearly fee charges for long term. Being an affiliate partner with these programs will be the best way to earn long term steady residual income for ourselves.

Here, in this post, I am highlighting that the basic services needs of people. Services that people are willing to pay for by using them for long term. Once they sign up with the services, most probably they will stick to it for some time because they need time to develop and expand their businesses or plans. What if the services that they have signed up help them run a successful business? Definitely, they will continue using the same services for years or even the life of their businesses. So as our residual commission checks. Sometimes, people just want to own the services for life. For example, Catherine Kelly wants to keep her domain name www.catherinekelly.com for life because she doesn't want her name to be registered by someone else on the internet. This is long term investment. On the other side of this long term investment, we are the one who earn long term steady residual income, for life.

Do you have some experiences, ideas or channels in creating residual income on the internet other that the above three categories? Please share with me and other hubbers. It would be nice.