Affiliate Marketing vs Network Marketing – The Winner Is

Affiliate Marketing vs Network Marketing – The Winner Is

If you are on the fence and can’t decide what work from home business model is right for you, Affiliate marketing or Network marketing this post will identify the pro’s and con’s of both work from home opportunities so that you can make an informed decision that may result in you making some income from the comfort of your own home.

I am going to start this post off with describing what Network Marketing and Affiliate Marketing are,  from their I will give you the advantages and disadvantages of both work from home business opportunities. I will end with what discipline offers the best chance of you creating an income.

I hope you find this post of value. Please leave your questions or comments at the bottom of this post, your feedback helps me write even better posts moving forward, cheers Mike.

What Is Network Marketing?

Typical Network Marketing Structure

Network Marketing is a billion dollar industry encompassing a multitude of products and services. Network Marketing products that you may be familiar with are brands like Mary Kay, Amway, Melaleuca, Dream Life Rewards, Paycation Travel and MWR Life just to name a few of the thousands of Network Marketing offers at your beckoning call.

Network Marketing is also referred to as Multi Level Marketing or in some cases referral marketing.

When you participate in Network Marketing you are usually asked to pay a fee to belong to that organization or in many cases you are asked to purchase a product or service that is intended for you to resell. Products and services that you sell can be literally anything from cosmetics with Mary Kay or global travel with MWR Life . The focus in Network Marketing is to increase your income opportunities by recruiting other members into what is referred to as your “downline” so that you can benefit from their sales as well as your own.

There are many different membership options and commission structures that MLM opportunities offer their participants, it really depends on the individual Network Marketing opportunity. The main basis behind Multi Level Marketing is to generate Multiple Levels of recruits under you so that you may benefit from any success they may have, your success is directly related to your ability to recruit and your downlines ability to recruit new members.

This was a very brief description of what a Network Marketing opportunity may look like.

What Is Affiliate Marketing?

Affiliate Marketing is a completely different work from home opportunity. In rare cases you may be asked to buy a product to promote it for income, but this isn’t the norm. In most cases as an Affiliate Marketer you are not required to buy or sell products, nor do you need to recruit people to increase your income potential.

Simply put, as an Affiliate Marketer you are a director of traffic. In Affiliate Marketing you enter into an agreement with an online merchant to promote their products or services for a pre determined commission, commissions range from 4%-75% of a retail sale. Physical products offer less Affiliate commission opportunities than do digital products. Commissions from digital products can reach as high as 75% payout if a sale is made from your traffic. Affiliate links or affiliate cookies are used by online retailers to identify what customers have been directed to their products by you.

The Pro’s And Con’s Of Affiliate Marketing

More Affiliate Marketing Benefits

When you create an Affiliate Marketing business you are in control, you own your business and can promote any product or service for income. When you participate in a Network Marketing opportunity you are not in control of your business, even though you can consider yourself an independent business your success of your business is directly linked to the success of the MLM you have associated yourself with.

As Affiliate Marketer you are in control of what products and services you promote. Your business is completely fluid allowing you to change promotions on any given day to emerging products or services that have market appeal.

With a 9-5 job in many cases, it doesn’t matter how hard you work, you get paid according to the job. In Affiliate Marketing your effort is directly related to your affiliate income, work harder usually amounts to getting paid more affiliate commissions. Once you have your affiliate business up and rolling your income will flow in even when you sleep!

As an Affiliate Marketer you can work from literally any location that has the internet. Your costs to participate in Affiliate Marketing are very limited compared to your income generated. There is no need to recruit people to increase your income. There are many ways to make affiliate income such as….

  • sponsored online merchants ads on your site
  • Google Adsense income from your website
  • Income generated from affiliate sales
  • Brand endorsement agreements

What You Will Need To Participate In Affiliate Marketing

You need very little to participate in Affiliate Marketing. These are the items that you need to run an Affiliate Marketing business….

Website – People get freaked out when they here that they will need a website. Many of the affiliate Marketing training platforms teach you how to build a website in minutes. The website building platforms like WordPress have improved drastically over the years, now offering a paint by numbers approach to building a website. Most website building platforms offer a free version.

Hosting for your website – Hosting is pretty inexpensive, $4.99 a year for hosting. This is where your website is hosted, in other words, where search engines such as Google find your site so that they can index it on their search engine.

Initial Affiliate Marketing Training – This comes in an “earn as you learn” format that teaches you the techniques to market products online and build your affiliate business from the ground up. I mentioned earlier that getting to the point where your affiliate business generates income runs in the range of 2-4 months. Usually if you join an affiliate marketing training platform like Wealthy Affiliate offer everything you need to Start and run an affiliate marketing business for roughly $29 a month, this includes absolutely everything mentioned above and more.

No Investment to start – Wealthy Affiliate offers a free membership that allows you to start building an affiliate business with no payments or commitments.

No Experience required – As I mentioned earlier, Affiliate Marketing is a earn as you learn type of venture. You need no marketing or computer experience to start generating income as an affiliate marketer. As your knowledge grows, so does your income potential. Once you have the Affiliate Marketing basics down, it really is a rinse and repeat type of process moving forward.

The Pro’s And Con’s Of Network Marketing

The Hidden Costs Of Network Marketing

There are two hidden costs that people entering Network Marketing don’t see.

Network Marketing companies are notorious for not equipping their participants with the appropriate tools and training that will allow these participates to drive the traffic to their products. The training and help that you can find for your Network Marketing opportunity can be very expensive. Training providers such as Elite Marketing Pro can be very costly, running in the thousands of dollars for training designed to help you promote your MLM products. The reason there are training platforms designed to help people in Network Marketing opportunities is because there is a need.

Other than promoting to family and friends you need to know how to get your MLM products in front of as many eyes as possible to grow your business and attract leads. The only way you are going to do this is adopt social media marketing techniques and search engine marketing, all of which you can get with a good affiliate marketing training platform.

Without the investment in training for your MLM promotions you are stuck pitching your MLM products to your family and friends to grow your downline with the hope of increasing your overall income. Pitching your products to friends and family usually backfires on MLM participants, ending in the alienation of friends and family. When your social network Starts to shrivel, so does your chance of making any income with your Network Marketing offer.

The few that do find success with Network Marketing ( the 1%) are usually people who have some Affiliate Marketing training which allows them to break rank and promote to the masses online, rather than ruin relationships with Family and friends.

The Winner Is

After reading this post the winner should be quite obvious. If you have affiliate marketing training you can do either affiliate marketing or promote a Network Marketing offer with success not relying on family and friends to grow your downline and your business.

Affiliate marketing offers a lot of opportunity to anyone looking to make passive income , supplement retirement income or create a new lifestyle altogether. Affiliate marketing has a proven track record,  legitimate evidence of people making great incomes can easily be found if you look. Here are a few affiliates that I have personally talked to about there success…

 

You can also reach out to these people in person, they belong to the Affiliate Marketing platform that I have mentioned in this post. You can get a free starter membership with Wealthy Affiliate and ask any members about their success they have had with Affiliate Marketing, members are very open on how they have found success or even on how they may be struggling to make income. It’s important to really educate yourself with any make money from home opportunity, there’s always the good, but more importantly, there’s always the bad stuff you need to prepare yourself for.

I have been Affiliate Marketing for over 10 years now. Affiliate Marketing has been very good for my family and I, giving us a lifestyle we could only of dreamed of. I highly recommend you at least give it a good look. Hope this post helps you decide on the direction you want to take in life, have a great day Mike.

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