Network Marketing vs Affiliate Marketing
Pros & Cons
Network marketing vs Affiliate Marketing and the Pros and Cons of Both Business Models. Is either of them worth it?
Network Marketing/MLM has been around for a very long time- Amway being one of the 1st of the ground and is still going today.
Affiliate marketing has also been around for many years so which business model is better?
I have been involved with both and have learned a lot from both and in this post, I will share the Pros and Cons of both business models.
What is Network marketing?
Network Marketing/MLM is a business model based on referrals and products and Yes, people have become very wealthy while involved with this type of business however it is very rare to see this happen.
Why? People are taught to talk to all their friends, family and associates, in fact, everyone about this really great “Opportunity” hoping to show them the plan and get a sign-up.
If people do sign up. they are then committed to spending anywhere from $80 – $200 on products which are automatically shipped to them so they don’t lose their position in their matrix.
There is also a Ranking order and as you grow your business, you are given titles- for example, Director 1 – 10, Diamond, Gold, Platinum and more and if you reach the top level- I want to know about it as I have only ever seen this happen when the Business 1st gets launched and everybody has a go at getting to the top which in turn makes some of the people some good money, however holding their position is not easy.
Members leave after a short time, others say they are going to build and don’t. They stop before they get momentum and others come and go so keeping the income coming in with this type of business can be a challenge.
I’m not saying this happens 100% of the time but from what I have seen with many of these businesses, you have to get in on the ground floor and keep going no matter what.
Another thing that happens is the Company goes belly up or closes down or sells out or is taken down by the authorities for bad practice.
Yes, there are many companies still going strong but are the newbies and the people down the bottom winning in this game? I would enjoy your comments on this if you are doing great- what is the secret.
Do you buy leads?
Do you pay month after month hoping for a different member count in your team?
- A business model is already developed
- Products are already manufactured ready for sale
- Training packs can be purchased
- Webinars are held in some cases to help members learn more
- Can be expensive
- Autoship every month, whether you need product or not
- A team comes and goes
- Having to pressure people you know to join you
- Very small % payout for the effort required
There is one Company I recommend and this is Melaleuca and the reason I recommend them is simple. They have over 500 products all made with no toxins or anything that could be harmful to people or animals. They have been around for over 35 years and all people do is sign up to buy their products wholesale each month and these products are the things family’s use every day in their homes so it is just a matter of switching stores.
If you like the products, then you tell people about them and if they choose to switch shops, you will receive a commission and that’s it.
Check Melaleuca out by clicking here
For people living in other Countries, when you arrive on the site, you can choose which country you want to view.
What is Affiliate Marketing a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts?
What does this mean?
It means you build a website, you choose a Niche and you create reviews, articles, posts to help people with their buying decisions, or how to learn a skill, or what to do when you go camping, how about learning to play an instrument and then we have the Gamers. What about recommending the best gaming equipment to help people get the best.
Once you have a niche, and you have built a solid foundation for your business, you will apply to different companies to become an Affiliate for them. What this means is you will get banners and links from the companies and you will place these adverts on your website.
When visitors look for posts and arrive at your website, they may click on your recommendation and they will be taken directly to the Company you represent and if they buy something or sign up for something, You will receive a commission and that’s it.
Well not quite.
Where do I learn the skills?
You will need to learn how to build a website and this website will need SSL Security and SEO ( Search Engine Optimization) and a few more really important things so you will need to learn from the Experts.
I belong to Wealthy Affiliate as a Premium member and I love it there.
Wealthy Affiliate has 2 Training Programs to teach you everything you need to create and build a truly successful Affiliate Marketing Business. All you have to do is get started on the training and follow each lesson and complete the required tasks and you will do what I have done.
There is only one more requirement- You need to want to work hard and be prepared to be patient while you are building your foundation.
As with any business, you are the Owner and You are responsible for your success. No-one can do it for you so if you are up for it, then go join Wealthy Affiliate for free and check it out to see if this is something you might enjoy.
Here is a blog from one of our members that Val wrote tonight. I had to share it as she wrote about MLM compared to what she is doing as an Affiliate Marketer. Click here
- You are your own boss when you are working on your Affiliate Business
- You work hours to suit you
- No trying to get friends and family to join unless of course they come to you and ask if you could tell them more 🙂
- No buying leads
- No people above you taking the big dollars.
- Equal opportunity
And more 🙂
- You have to have the discipline
- It takes time and hard work with consistent effort form you
- Wealthy Affiliate is addictive because the Community of members are awesome
Wealthy Affiliate is a recommendation of 9/10 for anyone prepared to put in the learning and the work.
One day you can say Goodbye Boss and thank you. I will be working from home from now on, with my own online business in Affiliate Marketing.
How wonderful is this?
Before I go tonight
Every business, no matter what it is, takes hard work and a lot of it. Offline and Online, there is no difference in effort required.
The only difference is the cost- Offline costs thousands of dollars to set up or purchase and not much profit if any for the 1st 2-3 years.
With Affiliate Marketing, Yes, you pay a fee for everything and $49 per month or $359 per annum is nothing compared to many other places who offer a 1/3 of what you will receive within WA so let’s get you started so you can get building Your Affiliate Marketing Business.
Network Marketing vs Affiliate Marketing and the Pros and Cons- I hope I have helped give you some information about both types of businesses and whatever you decide to do, I wish you well.
If you do decide to join Wealthy Affiliate for free to take a look inside the platform, you will not be asked for your credit card or debit card. You will be welcomed aboard by Carson, Kyle and Myself along with other members when you set up your account and Profile.
People will welcome you and offer to help you as this is how we all roll in the platform so go ahead and see what it’s like.
You might love it like 1.5 million people who are members do 🙂 If you would like to know more about Affiliate Marketing, please click here
Go easy and be awesome
I am the owner of Money and Freedom Online and I wish you success in all you work for.