Two of the most popular ways to make money from home are affiliate marketing and network marketing. But which is better in the long term and which one is really right for you?
Affiliate marketing is pretty simple, basically someone else has created a product and now they need people to market that product for them. So you get paid a percentage for every sale that you make. It’s pretty much like selling shoes at the local department store. The more “shoes” you sell the more money you’ll make but of course the “store” will make even more money than you. Affiliate marketing can be a lot of work and it can be hard to learn. Even still people make good money with affiliate marketing and it continues to be one of the most popular ways of making money online. Especially if you are new to online marketing because the cost of getting started is really, really low and the risk is low as well.
Do I believe that affiliate marketing is something that you can do for the rest of your life? Probably not. There are people who do it as a full time job but I would guess that most of them will get sick of it eventually and end up creating their own products to be marketed or move on to some other type of online marketing.
The one thing that affiliate marketing has going for it is that you can start making money right away and depending on whether or not you know what you’re doing you can make a lot of money fast! So I’m sure it will continue to be a hugely popular way to make money online.
Network marketing is a type of business where you get paid to sell a product or service and at the same time you also get paid to bring new people into the business and train them to do the same thing as you. In a way it’s sort of similar to affiliate marketing. However, network marketing can be done both off and online.
Many network marketers are in it for the long haul they are building businesses that they believe will be around for years and years and years to come. And unlike affiliate marketing they are doing something once and it all ends up building on top of each other (with affiliate marketing you have to keep on making sale after sale).
Network marketing is a much more long term type of business but that doesn’t mean that everyone who does it is going to keep on doing it. A lot of people join and quit companies like crazy but if you want to build a business that will last for years you can totally do that.
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