Now everyone wants to know affiliate marketing vs dropshipping which one is the best and how can you make the most money. Before everything, I just want to mention both are great and not everyone will pick the same thing everyone has different strengths and skills.
Today everyone wants to make money online and whenever you’re reading an article you are probably bombarded with thousands of online businesses to start, which in fact some are legit business models but others are a pure scam but affiliate marketing and dropshipping are one of the most reliable ways of making money online.
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We will uncover everything and what you need to know about these two business models because everything you’ve been told on YouTube has been a lie.
What is droppshipping
Dropshipping is where you sell products online like Amazon and Walmart, but you don’t need to pre-purchase the item or keep it in your garage. Dropshipper will usually possess orders and send them directly to the manufacturer, who then ships the product to the customer around the world.
A great thing about dropshipping is not having to worry about buying items or seeing the item in your hand all you do is find the winning product and scale them.
Pro and con of dropshipping
I won’t lie about dropshipping as every business has flaws but there are some benefits and dropshipping is the same thing as others.
Pros
- Don’t need to own anything
- Eliminates inventory expense
- Scalable
- Set Price
Cons
- Competitive
- Low margins
- Shipping
- Customer Support
What is affiliate marketing
Affiliate marketing is where you promote products online and you earn a cut on each sale you make. This business model can make lots of money without spending a dime and you can start however you like. The key to affiliate marketing is finding out your niche and looking for the people who really need a solution.
Pro and con of affiliate marketing
The truth about affiliate marketing is there will be some major drawbacks in making money online. Remember this business model is long-term in order to make money very passively.
Pro
- Can start for free
- No customer support
- Passive
- Multiple ways to start
Con
- One makes a percent on each sale
- Payment can be delayed
- No control over pricing
Which is better
Now before we tell you which is better, hear us out. Don’t do it for the money since you will keep counting doing this probably forever. It will be best to start with one you’re actually planning on doing for the long term, also if you’re exploring both business models and see yourself doing this long term.
Dropshipping is the Winner for how reliable it can be and history shows how Ecommerce makes more money than any other online business but some are on the rise like affiliate marketing and SMMA.
How to start Dropshipping
Now there are two ways in starting a dropshipping store you can head over to Shopify or WordPress in order to sell products and owning an online store. The main difference between these two will be in the pricing.
- Shopify will cost you $26/Month
- Bluehost will cost you $3.95/Month
Shopify is built for creating online stores for dropshipping while WordPress is made for anyone but must understand how to WordPress. If you’re on a budget it would be best to understand how WordPress work and buy your domain with Bluehost, if you someone who has money to spend on then Shopify would be your best bet.
Now head over to Aliexpress to pick out products online in your niche. Create a modern eCommerce store that will help increase sales. Here are some examples.
Helpful Resources
How to start affiliate marketing
After saying dropshipping is the winner but if you don’t want to hand with customer support or finding winning products affiliate marketing is right for you.
I would personally recommend starting with a website since you can create passive income and build multiple websites or sell them for a lot. When starting affiliate marketing you can start with Instagram, Pinterest, Quora, YouTube, and Website these are some of the popular ways to start affiliate marketing.
Here is an example of affiliate marketing
Helpful Resources
Conclusion
Whichever you pick, stick to it and understand the business model and try to make a full-time income working from home. It will take time to make a full-time income since you’re creating a real online business and creating a brand. If you fail that is okay because you can start a new right-back again and learn from your mistake.
Hope you enjoy reading affiliate marketing vs dropshipping both are great business model it just comes down to you “what are you comfortable with doing?” That is the question you should be answering when creating a business online or anything in general. Check out more content from linxtro and find other legit ways of making money online.