Many novices looking for ways to make money on the internet look into these paths. When we compare affiliate marketing versus e-commerce, both have their own pros and cons. Either can be a fantastic beginning for a beginner. I have done both and chose to focus my time together with affiliate marketing. In this video I will explain the advantages and disadvantages of affiliate advertising vs e-commerce to help you decide on your own.
Over the past year and a half, I was constructing an e-commerce business. Although I moved from 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 create a ton of money and that I know a lot of people that are making a lot of cash with e-commerce. But personally, I chose to go into affiliate marketing for a couple different reasons. If you are a beginner with earning money online, I would recommend affiliate marketing and I will explain why in this movie. I feel like it's a simpler start for somebody trying to earn money on the internet.
I had a couple e-commerce stores on Shopify. There is different ways to go about e-commerce. Some people today buy large inventory upfrontothers do white labeling or personal tagging, etc.. I was doing fall shipping. I was sourcing my products out of AliExpress. It's sort of like Amazon but using a bunch of providers selling items for cheap. When you are drop shipping, you have a deal with the provider that when a customer purchases from you through your e-commerce shop, the supplier will send directly to the customer. You don't ever have to hold stock.
The wonderful thing about e-commerce compared to affiliate advertising is e-commerce gives you full control over everything related to your business. By way of example, it's entirely up to you what costs you want to put your products at. The one thing that you need to make sure is you are not going into a reduction. You're 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 advantage of that is that you can also produce special earnings, give out discounts, etc as much as you desire. 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 advertise, the way 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 lot of individuals look at it like it is a"no-cost" way but that is not correct.
The distinction between e-commerce and digital products or affiliate advertising is with the latter , your budget is all but only advertisements. There are not many costs outside of that, so you get to keep everything else. And if you're performing affiliate marketing, Affiliate marketing vs e commerce you do not even need to create the item. You are referring people to other products.
As an example, I am an affiliate with ClickFunnels (among other applications ). I know I am now going to find a monthly recurring commission from that individual of around $50/month. Meaning I broke even in the first month and I am making a profit for each and every month after that.