Helping The others Realize The Advantages Of Affiliate marketing vs e commerce
Many beginners searching for ways of making money online look into these avenues. When we compare affiliate marketing versus e-commerce, both have their own pros and cons. Either can be a fantastic start for a beginner. I have done both and decided to focus my time together with affiliate marketing. In this video I'll explain the advantages and pitfalls of affiliate advertising vs e-commerce to help you decide on your own.
I ended up moving out from e-commerce to affiliate marketing. Although I moved out of e-commerce to affiliate marketing, I believe e-commerce is wonderful. If you're planning to go all to it, then do it up. You may make a ton of money and that I know a lot of people that are making a great deal of cash with e-commerce. But personally, I opted to move into affiliate marketing for a few different reasons. If you're a beginner with earning money online, I'd urge affiliate marketing and I will explain why in this video. I feel like it is an easier start for someone attempting to make money online.
I had a few e-commerce shops on Shopify. There's different ways to begin e-commerce. Many people buy big inventory upfrontothers do white tagging or private tagging, etc.. I was doing drop shipping. I had been sourcing my products out of AliExpress. It's kind of like Amazon but using a bunch of providers selling things for cheap. You never need to hold inventory.
The wonderful thing about e-commerce compared to affiliate marketing is e-commerce provides you full control over everything related to your business. By way of instance, it's completely up to you what costs you want to put your goods at. The only thing that you need to make sure is you are not going into a reduction. You are either breaking even or making a profit. As long as you are doing that, you are able to set whatever price you want. The extra benefit of that is that you can also produce special earnings, give out discounts, etc as far as you want. That isn't true with affiliate marketing because you are promoting other peoples' products. So they set the purchase price and you generally can't make your own discounts or prices. It's up to the individual selling. You're just talking clients.
Sometimes when you're part of affiliate marketing programs, they also place other restrictions on where you are able to promote, how it is possible to promote their products, etc.. Together with e-commerce you have full liberty. While in affiliate marketing, there might be a few restrictions you are going to have to take care of.
Another thing I enjoy about e-commerce is, provided that you can sell your merchandise, you get complete flexibility. You can pick from an endless supply of goods to dropship or retailstores.
Alright, so now why I proceeded on to affiliate marketing...
There are a few struggles that come with e-commerce that you frequently don't realize you'll face when you are first getting started. One is the costs. Drop shipping is most likely the lowest cost method of e-commerce. A good deal of people consider it like it's a"no-cost" manner but that's not correct.
The difference between e-commerce and electronic products or affiliate marketing is using the latter two, your financial plan is almost just advertising. There are not many costs beyond that, which means you get to keep all else. And if you're performing affiliate marketing, you do not even have to produce the product. You are referring people to other products.
As an example, I am an affiliate with ClickFunnels (among other programs). I understand I'm going to get a monthly recurring commission with that person of about $50/month. That means Affiliate marketing vs e commerce I broke even in the first month and I am making a profit for each and every month after that.