Multi-Level Marketing (MLM) and Pyramid Schemes have a bad reputation for being both financially draining and exploitative. So what’s the allure? Why is Affiliate Marketing so closely associated with this process? How does an entrepreneur break free?
Three reasons why MLM isn't as productive for the entrepreneur:
- You're relying on other people to make sales.
- The products are often overpriced.
- You're constantly being a recruiter.
Three reasons why Affiliate Marketing is a more effective strategy:
- You can earn a great income.
- You can work from anywhere in the world.
- You can promote products or services you're passionate about.
In conclusion, affiliate marketing is different from MLM in a few key ways. First, affiliate marketing relies on a pay-per-sale model, while MLM relies on a pay-per-lead model. Second, affiliate marketing is focused on selling products, while MLM is focused on recruiting new members. Finally, affiliate marketing is open to everyone, while MLM requires a startup fee.
If you're interested in learning more about affiliate marketing or products that will be useful to you, please follow this blog.