I have been seeing people asking which is a better online business dropshipping or affiliate marketing, how do they compare? So let’s take a look.
What is dropshipping. According to Wikipedia hthttps://en.wikipedia.org/wiki/Drop_shipping, Drop shipping 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 this post, I will be looking at Powerhouse Affiliate, it is a known fact that affiliate marketing is one of the better ways to make money online, and because of this, there are a lot of “companies” that are advertizing ways to make money online that are total scams.
What is Powerhouse Affiliate?
Powerhouse Affiliate was developed by Joey Babineau, February 2013. He is an affiliate marketer with more than a decade’s worth of experience and knowledge to share.
This is an affiliate marketing training program that focuses mainly on one form of marketing, called CPA (Cost Per Acquisition, Cost Per Action) CPA .marketing is an internet marketing strategy where an advertiser pays for a specific action taken by a potential customer
Multilevel marketing companies, which are also called network marketing companies, direct selling companies or other names, are not a new phenomenon.
Companies like Avon, Mary Kay, Herbalife, and other MLMs have been around for a long time. But with the advent of social media, they have acquired a new vigor and profile in this new era of internet marketing.
These MLM companies are defined by their business model, They do not use the traditional storefront method of selling their goods, MLMs sell their goods through”business owners ” who are paid on commission.