Marketing from home can give you a full-time income if you put the time into it early on, but you should know the difference between affiliate marketing and network marketing before you make a decision.
If you have been thinking about ways to earn extra income, then you should know that both affiliate marketing and network marketing can both be very rewarding and profitable.
Everyone’s personality is different, and everyone has different financial goals. What is your personal preference? What are your long-term goals?
Today, I want to share the differences between affiliate and network marketing, so that you can choose the path that is right for you to earn additional income for your family.
Why the Difference Between Affiliate Marketing and Network Marketing Matters
Okay, so you think you want to start a business from home?
I remember when I weighed my options, and at first it was overwhelming because there were so many options. This is why I want to help you understand the difference between affiliate marketing and network marketing.
- Affiliate marketing. Those who choose to market as affiliates will do everything online. When products are sold, commissions are earned on EVERY transaction. The products that you’ll promote as an affiliate could range anywhere from jewelry items to home décor. Each item is different, and there will be a transaction for each item that is a one-time sale. The more products you sell, the more you’ll make. This means that you’ll make commissions based upon the goals you meet and how well you perform. Read all of the fine print before you sign up as an affiliate, although signing up as an affiliate is generally free depending on the merchant.
- Network marketing. Although network marketing is similar to affiliate market, it is also very different. The one main difference is the levels needed to achieve a certain percentage of income. Network marketing companies have various levels, and they often pay based upon tiers. This is because the more a marketer sells, and the more individuals that the marketer recruits will yield them more commissions and bonuses. All network marketing companies are different, so be sure to read the fine print before you sign on the dotted line.
Affiliate marketing doesn’t have levels or layers while network marketing is built on that model. This is why it’s important to understand how these types of marketing are different.
Does one fit your personality more than another? Do you desire to take action once and continue to earn income over and over again from it? Would you rather sit behind your laptop, work anywhere and promote items that you love?
Both options are great, and they will afford you more flexibility with your time. Never commit to either one until you have researched each option thoroughly, and make sure that you know the difference between affiliate marketing and network marketing.