Topics
- Affiliate marketing
- Drop shipping
- Advertising
Video summary
In this video, the speaker discusses the difference between affiliate marketing and drop shipping. He explains that both of them can make money, but drop shipping requires more effort and has more competition. On the other hand, affiliate marketing is widely open to everyone as the person becomes the brand. The speaker recommends affiliate marketing for those who want a more passive lifestyle. He also mentions that advertising is necessary for both methods.
Dig Deeper
Affiliate Marketing vs. Drop Shipping
In this video, Judd Albright discusses the differences between affiliate marketing and drop shipping. Affiliate marketing involves promoting other people's products, while drop shipping involves sourcing products from China and selling them on your website. Both can make you money, but affiliate marketing may be easier to get started with.
Affiliate Marketing
Affiliate marketing is a great source of passive income. As an affiliate, you simply promote other people's products without having to deal with customer service or the buying process. Your main job is to create content, such as blog posts, YouTube videos, or social media posts, that includes affiliate links. Whenever someone clicks on your link and buys a product, you earn a commission.
The downside to affiliate marketing is that it takes time to build up an audience and start making significant money. But with time and effort, it can be a great source of passive income.
Drop Shipping
Drop shipping involves sourcing products from China and selling them on your website. You don't need to hold any inventory, but you do need to deal with customer service and returns. You also need to advertise heavily in order to get people to your website and make sales.
The biggest downside to drop shipping is that it's an incredibly competitive space. There are thousands of people selling the same products as you, so you need to have a killer product and a strong brand in order to succeed.
Impact on Affiliate Marketing Industry
While drop shipping has been a popular way to make money online in recent years, it hasn't had a major impact on the affiliate marketing industry. Affiliate marketing is still a wide open field, and there is plenty of room for new affiliates to enter the space.
Overall, whether you decide to go with affiliate marketing or drop shipping, it's important to understand the pros and cons of each before making a decision. With hard work and dedication, both can be great sources of income.
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