In this post, I’m going to explain why affiliate marketing reigns supreme over other online business models.
This is especially true for beginners and entrepreneurs who have failed before.
The Landscape of Online Business Models
First of all, what am I using for comparison?
All of these can and do make money for hundreds of entrepreneurs.
However, they also carry with them extra baggage that is hard to manage for someone trying to get a business off the ground by themselves.
1. E-commerce Stores: The digital retail kingdom, where you source or create products to sell directly to consumers.
This is what people traditionally think of when they think of business owners.
You need to:
- Set up or build a store
- Create, manufacture, or buy products
- Possibly have a warehouse or storage space
- Ship the products to your store and/or customers
- Market your store and products
- Sell the products
You have to wear many hats and do all the jobs at first.
2. Dropshipping: A popular model where you sell products, but you don’t handle inventory.
This is similar to an E-commerce store, but you have the products made-to-order, and shipped to the customers automatically.
This model is much easier to run than the e-commerce store.
However, anyone can sell the same products for lower prices making it difficult to maintain profit margins.
You still need to do the marketing, selling, and customer service.
3. Digital Products: Creating and selling your digital goods, such as e-books, online courses, or software.
Digital products are a great idea to completely eliminate shipping and logistics from your business.
The challenge lies in creating valuable content and marketing it effectively.
You are still responsible for marketing, selling, and customer service.
4. Blogging and Content Creation: Generating revenue through content creation, ads, sponsored posts, or affiliate
marketing itself.
Monetizing traffic can take time and substantial effort.
5. Freelancing and Consulting: Offering your expertise and services online.
The downside to this business model is your time.
If you are the consultant, you are limited to how much time you can bill out.
Many consultants earn a great income, but typically plateau at some point.
Also, building a reputation and securing clients can be competitive.
The Affiliate Marketing Masterstroke
Affiliate marketing wins over each of these especially for beginners.
You can get all the benefits of running an online business with the fewest parts to manage.
Affiliate marketing leverages multi-million dollar companies to do the heavy lifting for you.
All you have to do is send someone to the offer.
The company does the selling, customer service, shipping and logistics (if applicable) for you.
The only part you have to learn is the marketing.
It’s much easier for someone starting out to only learn the one skill at first.
If you learn how to market, those skills are transferrable to everything.
Every type of business in the world needs marketing.
Thousands of profitable niches.
Affiliate marketing doesn’t discriminate when it comes to niches.
Whether your passion is in tech gadgets, sustainable living, fitness, or gourmet cooking, there’s an affiliate program tailored to your interests.
The freedom to choose a niche that aligns with your passion is a unique advantage of affiliate marketing.
Infinite Products and Services
Affiliate marketers aren’t limited to promoting their products.
You have access to an array of products and services offered by established companies.
You can literally market any product or service available and there are more every single day.
Scalability without Boundaries
Affiliate marketing is not confined to a particular geographical region.
Your audience can span the globe, and you can scale your efforts limitlessly.
Risk Mitigation and Passive Income
Affiliate marketers often enjoy the perks of passive income.
You can automate just about every part of the business giving you more time and freedom as a lifestyle.
Partnering with Established Brands
Affiliate marketing allows you to leverage the trust and reputation of established brands.
They want to sell their product just as much as you do.
You have an alliance with companies who are paying for the salespeople, websites, customer service, warehouses and everything else.
If you would like to get a free guide to affiliate marketing, click the blue bar below to get my #1 Recommendation to Make Money Online.
If you liked this article, be sure to go check these out:
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Admin Hey everyone! Great read.
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