Affiliate Marketing is better than Network Marketing in every aspect like Investment, Branding, Profit, Customers, and agenda, etc. The best thing about Affiliate Marketing is that it is free of cost and all the big Brands have their Affiliate Programs. For Example- Amazon, Flipkart, OYO, Adidas, Nike, and Udemy, etc.
I will discuss the reasons why Network Marketing is not a good option in detail with proofs. We will discuss how to earn money from Affiliate Marketing.
Affiliate Marketing
Affiliate Marketing is referring to a product and if someone purchases or installs from your link, you will get a commission.
You will get an opportunity to promote the products of top brands and get a commission in exchange for it.
Still, some bad Affiliate Networks sell their products at expensive rates. These affiliate networks do not consist of Branded Advertisers like Adidas, Reebok and Zee5.
Most of the YouTubers, Influencers, Businesses and Websites use Affiliate Marketing to earn money.
Every big and branded company has its affiliate Network. You just have to google the “company’s name affiliate Program”. Therefore you will easily get affiliate marketing companies in any field you are interested in.
You can earn money on both recurring basis(income every month) and per sales basis (1-time Income)
One of the best affiliate networks in India that I am using are-
1. Cuelinks
2. TubeBuddy
It is very easy to start, just signup and your application will get approved the same day.
Features of Affiliate Marketing
- You can do Affiliate marketing with any medium- Digital Marketing, Youtube, Instagram, Quora, Website and Advertisements etc.
- No aggressive sales required just tell the uses and benefits of the product
- Work with best brands and already renowned in the market
- You can start it free of cost and at 0 investment. (stay away from scam companies who claim that you should have to invest)
- You will get affiliate marketing program of all the branded companies so you can choose according to your interest and knowledge
Network Marketing
Network Marketing/MLM means promoting a Business Scheme by building a large network of people for your Company.
It is well said that Network Marketing is a Scam because their focus is to drive more and more people into their network rather than focus on improving their Products.
The whole network has to purchase the company’s products. The products are 5 times costlier than the market price. You can’t even purchase products of your own choice.
They are manipulating innocents by showing a rich and happening lifestyle that they actually do not have. They basically target middle-class people. There are cases where farmers and students committed suicide after losing money in Network Marketing.
Think of a situation where you are paying money for getting a Sales Business Opportunity for a 3rd class company. That is Network Marketing.
The best alternative is Affiliate Marketing which is free of cost with high commission rates.
There is just one good Network Marketing company which is owned by Vivek Bindra. He is a Youtube Brand who is a business coach. Their marketing is about Business growth strategies.
Some of the famous companies in the Network Marketing Industry are Vestige, FLP, Amway and Modicare.
Affiliate Marketing Vs Network Marketing based on Investment
In Network Marketing, you have to invest money every month in purchasing expensive products which will not add value to the consumer.
Affiliate Marketing is free of cost. There is no need to invest any money in starting affiliate marketing.
Yes, you can earn money just by referring the products without any investment.
Some affiliate marketing programs are paid so stay away from them. The most famous affiliate program is amazon affiliate.
Affiliate Marketing Vs Network Marketing based on Profit
Affiliate Marketing Vs Network Marketing based on Brand Name
Affiliate Marketing Vs Network Marketing based on Products
Affiliate Marketing Vs Network Marketing based on Social Platforms
Affiliate Marketing Vs Network Marketing Comparison
Basis | Affiliate Marketing | Network Marketing |
---|---|---|
Meaning
|
Referring to a product and earning a profit if someone uses your link
|
Referring to a Business Scheme by building a network with customers and earning profits by levels
|
Sources for Contact |
Website, Youtube, Social Media |
Direct Messages, Call, Face-to-face |
Customers
|
The customers themselves approach your Product
|
You have to approach the Customer in any possible way
|
Time | Less Communication needed | Manipulation needed, they can do anything to make their Network |
Investment | Zero Investment Needed | Needed to buy their Products every Month |
Brands | All Top Brands-OYO, Amazon, etc | Negative Branding(Products are not Worthit) |
Profit
|
Commission per Sale by different Companies
|
The commission is not fixed, different criteria according to Levels
|
Intent/ Focus | focus on giving Detailed Information about the Product and referring it | Heavy focus on Sales and making more agents. Product is a secondary thing for them. |