There are tons of ways that you can make money online with your computer. Two of the most common ways are network and affiliate marketing. Each type of marketing offers its own benefits and advantages. This article will discuss some of them.
Affiliate marketing refers to the practice of referring people to buy the products or services or another merchant. You will receive a commission every time one of these people purchases something. Sometimes, you're also paid a commission when someone you have referred refers someone else who purchases something.
With network marketing, you can also receive commissions when you refer people that buy a product or service. However, an important part of network marketing is recruiting people to do the same thing that you're doing.
This is known as building up your downline. You can receive commissions on products or services sold by people on your downline. This downline can be between two and seven levels deep depending on the program.
The main benefit of network marketing is that you can get residual income from your efforts. You'll need to build a strong downline in order to do this though. With affiliate marketing, all of your effort usually goes into one-time commissions.
One of the disadvantages of network marketing though is that it's team-based. You will need to build a successful downline in order to make a lot of money with this method. It isn't for those who aren't people-oriented. With affiliate marketing, all of your success depends on the amount of work that you put in, not on the work of others.
If you choose affiliate marketing, you'll like the fact that there are little startup costs. It's usually free to join an affiliate program, so you'll just need a website or another marketing method. You simply have to find a program that is appropriate for your niche.
This isn't the case with network marketing. You will likely have to make an initial investment to get started. You will also need to be careful that you don't join a pyramid scheme. It's vital that you research any network marketing programs thoroughly before you join.
These are some of the main differences between network and affiliate marketing. If you like working with people, you should consider network marketing and build yourself a successful team. Affiliate marketing allows you to work on your own so your success depends entirely on you.
Author Resource:
Edison Chase works from home on his computer, and writes about internet affiliate marketing and Internet business opportunities you can buy .