I have been seeing people asking which is a better online business dropshipping or affiliate marketing, how does drop shipping compare with affiliate marketing? So let’s take a look.
What is dropshipping. According to Wikipedia hthttps://en.wikipedia.org/wiki/Drop_shipping, Dropshipping is a supply chain management method in which the retailer does not keep goods in stock but instead transfers its customer’s orders and shipment details to either the manufacturer, another retailer, or a wholesaler, who then ships the goods directly to the customer. As in retail business, the majority of retailers make their profit on the difference between the wholesale and retail price, but some retailers earn an agreed percentage of the sales in commission, paid by the wholesaler to the retailer
Types of dropshipping
There are several types of dropshipping according to Shopify.com
In today’s bad economic situation people are always looking for a way to earn extra cash and because of this people are sometimes robbed by scams of getting rich schemes. Especially our boomers who may not be as familiar with current computer technology as the younger generation are.
Maybe you are like me who wondered if it was ever possible for you to own your own profitable online business, well let me tell you that the answer is a positive yes.
There are many things that you can do online some of which I have mentioned in a previous post. With some, it is possible to earn a good passive income.
Joining A MLM? be Careful
I know some of us to think that joining an MLM company and selling things and getting people to join with you seem easy and a good way to earn some money, but as research has shown, this is not so.
It may be possible but it is unlikely it has been found that 97% of all people who joined an MLM company has lost money in other words out of 1,000 persons who became a part of an MLM team only 3 will ever earn any money
This method of earning is simple enough that anyone can do it, but it has also shown that only 1 in 333 persons will be successful, It is very difficult to see a profit in this kind of business.
I was a member of Herbalife and Melaleuca for a number of years and I never made 1 cent I kept buying the products for myself because I liked them especially Melaleuca but I could not make a success of it
Melaleuca describe their compensation plan as an ‘opportunity for the average person to start a business with virtually no risk and unlimited upside potential’.
They then say that it’s a system where people with no financial investment’, can improve their finances. All they have to do is refer customers to Melaleuca.
When joining Melaleuca you are signed up as a customer, not as a distributor like other MLM you then have the opportunity to refer others and build a business
. In Melaleuca there is no difference between customers and members the plan says that you’ll never have to sell products because ‘all products are sold directly by Melaleuca’. this is correct only to a point
.While It is true that customers will place orders directly with Melaleuca. and there is no need for you to process orders or deliver products. But you still have to find people to sign up as customers and buy the products.
Cost to remain Active
To remain active in Melaleuca you have to order a total of 29 product points each product and try as I may I could not get 29 points to value less than $60-$70.00so every month I had to be spending at least $60.00
It is noted that 66% of customers earned $0.00 in 2016 it is said the customers only joined because they liked the products and not because they wanted a business
We I joined because I wanted a business I liked the products too but my main reason for joining was to start a business
It is very difficult to get people to join because the price of the goods are very high compared to other brands that is sold in the store and is they can order just what they want without having to order to meet the 29 points
You can start your own online business without the risk of losing any money there is a tried and true way first Combine one of your ideas/hobbies/skills to find something that you care about and figure out how that can be used to solve another person’s problem.
Here’s what to do: Create a simple website You don’t need any web or tech skills to make this happen.
Wealthy Affiliate will assist you in this for free and will also walk you through the steps of using social media to advertise your blog
With Wealthy Affiliate, training is provided on how to identify your niche or the topic you will build your website around. And they also offer the tools techniques and information to assist you in developing your idea.
After you have decided on your niche, then it is now time to build your website, Your website will be the foundation of your business.
This is a very important step everything you do, all your content, traffic rankings, and your revenue will be generated through your website.
And do not think you have to be an expert in any subject because what you will find is as you start doing research of the subject of your niche you will gain knowledge and you yourself will become an expert in the subject you have chosen.
At Wealthy Affiliate you will be taught how o draw traffic to your website this is a very important step because traffic is what will make your website a success. And please remember like any other business it will take time.
Monetize Your Website
Then you will be taught how to monetize your website to make money. You will be introduce to different affiliate programs like amazon, share a sales ppc etc
I am not suggesting youwill make money over night but in time you will be able to generate a passive income and as I mentioned before you can join Wealthy Affiliate for free there is no time limit as to how long you can enjoy your free membership but I would suest that you upgrade to premium.
With a premium membership comes a lot more information and tools, maybe you can do what I did. Joined for free for about a month I created my website looked around for a bit liked what I saw then upgraded to premium . I am enjoying the learning process.
I knew nothing about online marketing, but I am learning I have been a member dince april of 2018. I have not reached my goals as yet but I am on my way as I said this is not a get rich quick scheme it takes work dilligent and effort.
With a free membership at Wealthy Affiliate you will get 1 website a choice of 10 website themes to choose from web hosting Website Backup, Beginner Training course, Personal Affiliate Blog, Affiliate Bootcamp Training – Phase 1 Only, Video Walk-Throughs, Keyword Research Tool – 30 Searches, Training Classrooms – 2Affiliate Program1-on-1 Coaching – First 7 Day
With a Wealthy Affiliate premium membership you get Live Help – Unlimited
Private Messaging – Unlimited, 10 Websites Website Security Package, Website Backup Beginner Training Course 5 phases 50 lessons – Full Access, Personal Affiliate Blog, Affiliate Bootcamp Training 7 phases 70 lessons, Live Video Classes, Video Walk-Throughs, Keyword Research Tool – Unlimited Searches, Training Classrooms – 2, Affiliate Program – 2x Higher Payout, Earn While You Learn, 1-on-1 Coaching – Unlimited, Private Access to Webinars, 24/7/365 Website Support, Website Feedback Platform, Website Comment Platform, Website Analysis The cost of upgrading to premium is $49.00 per month or $359 per year.
You can become a member for free you are not asked to purchase anything or recruite a upline you will not be asked for a phone number, address and most of all your credit card number there is no time limit as of how long you can remain a free member but you will be encouraged to upgrade.so you will have nothing to loose just try.
If you are looking to start an online business you are going to need a website let Wealthy Affiliate teach you how to build and maintain a website
So if you are wondering if you can do this just try. By making the step to try can lead you to meet your goals creating an income that will enable you to maybe pay off some debts, take a well earned vacation or help to put your kids or grand kids through college. But if you don’t try you will never know.
Are you ready to make money? Maybe you wonder where or how to start because you really want to make money from home and you needed money like yesterday! Well hang on to your day job a little longer and jump start your future by joining Wealthy Affiliate today and begin a new career path to a successful work at home opportunity.
Are you wondering why I am I telling you to hold on to your day job a bit longer if Wealthy Affiliate is such a great choice? Well, that is because here, you are building a business and that takes time. Time and constant perseverance.
Thank you so much for stopping by; I really appreciate it, and please do come again. I hope you found this post informative and helpful and should have a comment or a question; please leave it in the space provided below, and I will reply and please share.
NOTE: This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you).