Network Marketing versus Affiliate Marketing
When looking at generating income online, one really needs to understand what is network marketing versus affiliate marketing so you know what it is and how it works.
What is network marketing?
Network marketing is a business model in which companies choose to ditribute their products or services through a network of independent distributors or representatives.
The distributors or representatives are paid a commission when they take orders for their products or services, or signing up new distributors or representatives.
Many network marketing companies, or also known as mult-level marketing companies have many different types of pay plans or ways to earn commissions through their products, services or building their downline organization. Most residual income is made from having leverage of their downline’s team.
What is affiliate marketing?
Affiliate marketing is a very similar concept to network marketing except you do not build a team. It is a one time sale for the product or service. Affiliate commissions are typically either a percentage of the overall amount collected from the customer or a fixed amount per sale.
Many network marketers today use the leverage of both, affiliate marketing and network marketing to build their business. There are many services and products that aides network marketers to build their residual business. Generating income from affiliate products helps offset some of the advertising for building a team in network marketing.
To be successful at affiliate marketing versus network marketing you need to know how to market your business online. It is important that you master both affiliate marketing and network marketing strategies and techniques so you can generate enough leads to build your business effectively.
Learn and study how the top income earners build their residual income business by leveraging both affiliate marketing and network marketing. Follow a simple system that keeps you focused and not overwhelmed in building a residual income that you desire through a leader like, Alecia Stringer.
I like both as well.
Yup.. Both 😛