Saturday, 9 April 2011

Affiliate Marketing v. MLM - What's the Best Way To Go?

By Jason Wong


These are difficult financial times and there are a lot of people who are unemployed and underemployed. As a consequence there are a lot of people looking for opportunities to make money. There are two legitimate business models that can make you money online and both require very little money to get started. The first is Affiliate Marketing and the second is Network Marketing.

An affiliate marketer contracts with a company that already markets a service or a product. The affiliate marketer then agrees to drive customers to the company's product or service. When a customer buys a product or service using an affiliate marketer's link that marketer is paid a commission. The company benefits because it gets a sale without having to advertise for it and the affiliate marketer benefits because he or she gets a commission. These commissions can be quite significant.

A MLM marketer becomes an independent distributor for a network marketing company and is compensated based on the volume of personal product sales and through personal recruitment of other distributors for the company. These commissions can be substantial and continue for an extended period of time. Most network companies allow your family to become heir to income streams that are based on the personal organization growth that you have built.

Both are great opportunities to earn money and both allow you to leverage the power of the Internet to locate customers. I have to warn would be entrepreneurs to recognize that neither of these is easy. You will have to learn online marketing strategies like pay per click advertising, article marketing, social media, copywriting, web page development, and more. I would suggest that you learn these skills as you go, but just know that you will make a lot of missteps. Make a promise to yourself to keep pushing forward.

There are a number of great affiliate programs and network marketing companies out there that anyone can join. My only suggestion is that you consider doing both at the same time. In both cases you will be learning overlapping skill sets. There is one company out there that has started to help people with both training and setting up marketing pages that you can easily personalize for either network marketing or affiliate marketing and that company is My Lead System Pro. There is a lot of opportunity out there in both affiliate and network marketing, do your homework and find the ones that are right for you.




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