If you are new to the world of referral marketing, you might be thinking what the real difference is between network markeitng and being an affiliate. From then surface, there isn’t a lot of difference, but you can build a team when you are in network marketing, and ear a commission on other people’s sales. Therefore, you don’t just have to focus on selling the product, but also the opportunity to make it big.
Should You Be an Affiliate or a Network Marketer?
It is really a personal choice. The promotion methods for affiliate and network marketing are similar. I have joined a couple of MLM programs in my younger years, but back then there was no way you could reach peple online. Now, you can get your own website and promote your products online. This is why you might want to consider network marketing instead of being an affiliate. You will be able to earn a residual income, not only one-off sales commissions.
How To Choose Which Company to Join?
The greatest challenge when starting up with either affiliate marketing of network marketing is choosing the company and products to promote. You need to check the company’s reputation, the reviews of the products, as well as the compensation plan. You will not have to call people on the phone, either. There are plenty of business opportunity review sites that you can check so you bet on the right company that is going to be around for many years to come to pay your commissions.
What Are the Hottest Network Marketing Opportunities Out There?
When it comes to the UK, there are some great network marketing opportunities, such as Airbonne, or Utility Warehouse. Unfortunately, their online markeitng opportunities are a little limited, and you are not allowed to brand yourself as the face of the company, just like with affiliate programs. However, some companies, such as MarketHealth will give you your own website and you can start making money levels deep. It is the right cobination of online network marketing and being an affiliate.
The Most Lucrative Affiliate Businesses
Image via Igor Miske@igormiske
If you want to make sure that the offers convert, and you can pull in enough commission, you will need to look at CPA networks. CPA stands for cost per acquisition, and the networks usually publish the conversion rates and the earnings per click or earnings per impression, so you don’t have to shoot in the dark, and will pick the winners. On the other hand, you will also have to consider that the better an offer converts the more affiliates you will have to compete with. The latest of the niches entering network and affiliate marketing is CBD oil buisnesses. I have just jumped on board of one of the UK companies, as it is a growing market. Check out the UK CBD opportunity for yourself, if interested.
How to Market Your Affiliate or Network Marketing Offers Online
Image via Kevin Bhagat@kevnbhagat
There are several ways you can market your affiliate offers online. The good news is that with a little bit of technology, you can automate the entire process. You will need to create a gateway page for your site, to capture your leads, build your own list, and prevent being banned from social media. If you send your affiliate links directly to blogs, you are going to look promotional, and likely to get banned. Over my other site, where I build marketing funnels. I design various affiliate and network markeitng gateway pages to help you get starte, Driop me a line there, and I will come back to you with a very special offer. You can see the simple affiliate gatewey page I created for my new CBD business to capture leads.
No matter which profitable niche you are entering as an affiliate or network marketer, you will need to find the right opportunity for your personality and skills. You will also need a gateway page to capture leads and make the most out of your marketing and engagement opportunities.