MLM or Affiliate Marketing? Are you asking yourself “Where should I start?”
Are you looking at getting into online marketing and a re wondering where to go, what niche to get into or maybe you have heard phrases like Multi Level Marketing or Affiliate Marketing.
Well there is a difference, a huge difference actually. In this post I shall be explaining what the differences are. All it takes is for yourself you find out what you feel would suit you most.
Multi-Level Marketing is exactly what it says. Marketing on various levels. You have the top brass at the top and the floor workers at the bottom. Every organisation has soem kind of MLM in it. Unfortunately when it comes to MLM in direct sales it gets stamped with the word Pyramid Scheme. Again I will mention that all organisations look like a Pyramid Scheme. Boss man at the top and grunts at the bottom doing all the hard work for buttons but the boss is raking it in. If you look at the following illustration you will see what is meant here.
Basically, it’s the kind of business in which marketing seems to be invisible. It doesn’t include TV commercials or billboards. Products sold via multi-level marketing can’t be found in shops as well. Their promotion is carried mainly by word of mouth via representatives of the company.
It’s a strategy used by many pharmaceutical firms. They sign contracts with various physicians or physiotherapists who recommend their supplements to patients. And patients can purchase these goods only from distributors.
This kind of marketing allows distributors to build their own selling networks, It means that every seller can build his own structure of traders in which everyone is paid in accordance with the company compensation plan. At the same time representatives can make some extra money.
It is also worth mentioning that like normal everyday companies shit rolls downhill so when it comes down to the nitty gritty and the shit hits the fan it is the grunts at the bottom who get shat on from above.
There is nothing wrong with MLM and people saying it is a pyramid scheme are just imbeciles who have no idea what they are talking about and are just jealous or enjoy causing others problems for no reason at all.
Affiliate Marketing is a business deal which involves 3 parties Merchants (Owners of products), Publishers (affiliates) and the customer. It takes place when affiliates get provision for promoting merchants’ products and services. It’s a good way to earn additional money for bloggers and influencers. For example, they may write reviews of products and publish them on their sites. They get their own unique ID which tracks all the traffic they send to merchants website. When visitors perform a desired action on merchants’ sites (subscribing, buying, signing up for a newsletter, etc.) affiliates get a commission.
It is as simple as this. You join up, promote and then earn. Now that all seemed very easy but it is not. Like all other ways of making money it takes hard work and dedication to earn in affiliate marketing. Nothing happens overnight and you also should have a good network to get you started.
Affiliates may openly admit that they are promoting products, however, if they don’t want to reveal this information, they actually have a right to do so. It is up to you to judge how much more you want to know from a person who does not want to tell you anymore. We are all adults here and have to make our own choices.
Unlike MLM, affiliate marketing is just the sale of one product to one person. Sales and commissions come from this one transaction or perhaps in soem cases there is a monthly subscription and then a commission comes from this too. There is no recruiting in affiliate marketing or at least there should not be.
Make your own decisions and always do your due diligence. Find your niche and learn everything there is to learn but not least do not expect to be able to fire your boss overnight as it’s not going to happen. Me, personally have been involved in MLM before and I loved it but there just always seemed to be too many people over me making a lot more money than I was nomatter how well I was doing.
Anything from $25 to $1000 from one single sale was much more appealing than sitting waiting on a percent of the next sale from my downline. If you are interested in giving it a try click here.
Be good to yourself and don’t listen to the haters who tell you that you are doing soemthing wrong or illegal. Maybe even you have been told you are in a pyramid scheme. Total BS and just unfriend them. Do you need people like that in your life? I know I don’t.
Have an awesome day.
Stuart
