Affiliate Marketing VS Product Creation


Posted May 9, 2020 by wealthyaffiliate10

This is a huge obstacle many people face when entering the online marketing world: Should I become an affiliate marketer or should I create and sell my own product

 
This may be a huge obstacle many people face when entering the online internet marketing world: Should I become an affiliate marketer or should I create and sell my own product..?
Before I get started let me quickly outline the two business models so that we are clear as to the way in which money is generated with each.

• Affiliate Marketing: During this business model you will be making income by referring customers to a different one person's product or service. So basically you will sign up with the dealer as an affiliate and for every sale you generate you will enjoy paid a commission.

• Product Creation: This business version is pretty self explanatory; you will be creating a product and reselling it in the marketplace for 100% of the profits. In this model we will be assuming your product is an information product for some sort.

There are a lot of marketers that will say the easiest way to start generating income on line is affiliate marketing. Just because of the simple fact that you can choose a retailer whose product you want to promote, sign up as an affiliate, start up sending traffic to your affiliate sales page and BOOM! Is made money. Sounds pretty easy. You don't have to deal with creating a products, setting up websites, dealing with customers, etc .

At the same time there are promoters that say creating your own product is easier and the a great deal more profitable of the two and allow you to be more in control of your internet business.
It really all depends on what your strengths and weaknesses are and what you're looking to accomplish in your business.

Let me get some of the pros and cons of a particular and put things into perspective so you can have a better knowledge of where you want to get started.

Affiliate Marketing

It is a strong argument that affiliate promotion is the easier of the two to start with which is why it is recommended to be a starting point for beginners.
Here are a few of the pros of affiliate marketing:

• Most affiliate vendors/networks are free and very easy to join. In most cases you will answer a few basic questions, set up a account information and get instant access to the affiliate member's area within a jiffy.

• Marketing materials are provided. Once you set up your profile on the affiliate member's area you will have complete access to all marketing materials needed to get you going such as banners, pre-written emails, etc . In the members area you will also be provided a unique on-line link which will take your prospects to a complete sales page and that has already been created for you. Armed with these materials all you have to are dedicated to is getting traffic to your affiliate site.

• All web-sites are already created for you. As an affiliate you do not have to deal with the very headaches that can come with setting up a website. The vendor has done the for you and as long as you use your affiliate link your company sales and commissions will be tracked through that internet connection and paid into your account.

• Do not have to deal with prospects. We all know how difficult it can be to deal with customers but as an affiliate you do not have to worry about this problem. Once you make a sale as an affiliate all you have to worry about is cashing your check and the customer is certainly passed on to the vendor.

As you can see being an affiliate marketer definitely has got its perks. It's quick and easy to join a vendor/network, most of the marketing materials and sales pages are provided and you do not have to consider customers. You can focus your time on generating traffic, making sales and cashing checks!

Now let's take a look at some of the frauds of affiliate marketing and how you can overcome them.

• Their competitors. Even though it can argued that affiliate marketing is the easiest way to help make money online it can be strongly argued that it's the most problematic due to the competition. There are hundreds of thousands of affiliate marketers you have to sector to make a sale. At the same time many experienced marketers agree that a lot new affiliate marketers do not know what they're doing since it's actual such an easy business to get into.
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Issued By Steve Willam
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Categories Accounting , Affiliate Program , Banking
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Last Updated May 9, 2020