Drop Shipping vs. Affiliate Marketing

There are pros and cons for both drop shipping and affiliate marketing. After researching them this week I have come to the following conclusions.

Drop shipping is a very simple and easy way to offer multiple products to customers without having to have any inventory. The shipping companies can buy items in large amounts and then turn around and sell them at wholesale prices. There is no danger of having unsold items in your inventory, because with drop shipping you have no inventory.

There are some challenges with drop shipping. While a lot of companies will be happy to team up with you, there are a few things that you should find out about beforehand. These include fees and charges, shipping, accounts, customer support, returns, refunds, and chargebacks.

Affiliate Marketing also has minimal costs to set up. It is easy to start and there is great flexibility on what products you would like to promote. Affiliate marketing has high income potential if you are willing to put in some hard work. 

There is a lot of competition and there is a good chance that the product you chose is also being promoted by many other sites. There is no guarantee that you will make a certain amount of money. Affiliates usually pay a commission on items that are actually sold. Some will also pay you a smaller amount each time someone clicks from your site onto their link, or will pay you by leads.

Starting an online business is getting easier, but with that more and more people starting their online businesses, competition is getting fierce. Before getting started in drop shipping or affiliate marketing, make sure you do your due diligence in finding the right company to work with, the best product and the model that fits you and your desired product the best.