MLM or Network Marketing vs Affiliate Marketing
VAST DIFFERENCE and not at all the same!
Multi-level marketing (MLM) and Affiliate Marketing are two different business models that can be used to sell products or services.
MLM involves recruiting other people to sell a company’s products, and earning a commission based on the sales made by those recruits. MLM typically involves a hierarchical structure, where the person at the top of the hierarchy earns a commission on the sales made by all of the people below them in the hierarchy.
MLM companies often require their salespeople to purchase a certain amount of product upfront in order to participate in the program.
Affiliate marketing, on the other hand, involves promoting a company’s products or services and earning a commission based on the sales made as a result of your promotion.
Affiliates typically do not have to purchase any product upfront in order to participate in the program. Instead, they use various marketing techniques, such as placing ads or writing blog posts, to promote the company’s products and earn a commission on the sales that result from their promotion.
It is difficult to say which model pays more, as it can vary significantly depending on the specific MLM or affiliate program and an individual’s level of success within that program.
Some people may prefer MLM because it allows them to build a team of salespeople and earn a commission on their sales, while others may prefer affiliate marketing because it allows them to promote products without having to recruit and manage a team.
Ultimately, the best choice will depend on an individual’s goals, interests, and level of experience in sales and marketing.