You’ve never tried to earn money onlineand now consider two opportunities:Dropshipping and Affiliate Marketing. Which one is better to start with?Let me help you make a decision!Hi there! That’s Anna from Dropship Club. Before I start talking about our new topic,I’d like to announce that our website dropship. clubis ready and waiting for its new subscribers!I want to invite you to take a look at ourgreat knowledge base about dropshipping!Join our “Dropship Club” communitytobecome a successful dropshipping business owner!However, our today’s topic is two popularways to earn money online. They are perfect for beginners and I personallybelieve that, before starting, it’s betterto fully understand how they work. So, let’s discuss what is affiliate marketingand what is drop shipping businessand why you should choose one over another. Please note that today we are going to view the affiliate marketingas a product affiliate marketing onlyby this, I mean promoting goods from Amazon and AliExpress on the Internetand getting paid for that. Both AliExpress and Amazon have their affiliateprograms. If you join any of them, the merchant managesthe inventory and ships the products. You promote the products, but you don’tset the prices and only receive a commissionafter someone buys a product following youraffiliate link. This link contains your affiliate code andhelps tracking your sales. In a nutshell, you get paid for selling otherpeople’s products. This is how you can promote these products:Create your own website that can redirect thevisitor to the source site while processingthe purchase. Promote products on your blog. Post affiliate links on your own social mediapages, other people’s social media pages,in comments, on various forum pages and anywhereover the Internet. Create ads and pay for them. What are the advantages of this way to earnmoney online?It is easy to start. You don’t spend much on launching such abusiness, and you don’t need to be officially registered;It lets you work anywhere and anytime withoutgoing to the office. It provides you with a source of passive incomeIt gives you the opportunity to create severalsites that are easy to manage as you don’tcarry inventory andmanage refunds for delayed shipping for example. What about the disadvantages?The program’s terms and conditions are quitecomplicated and can be suddenly changed. And you should be careful with your links, if they are not formatted correctly,the purchases simply won’t get tracked – thatmeans no moneyYou have to create a huge traffic to get enoughsales or be wise with ads placementThe profit is relatively small – only few % from the final price, and it might changedepending on the customer’s country andthe product type. The money is paid to you 60 days after a purchaseis made by your link on Amazon. For AliExpress, the gap is 35 days. What is dropshipping?It is a way of selling other people’s productsas well. The merchant still handles inventory and shipping. The difference is that you can set pricesyourself and get higher profit margins. In short, you buy stuff from your vendor andresell it to your clients, but contrary tothe traditional e-commerce, you don’t storeyour products. Check our previous video to learn more aboutthis business model. How to promote products in dropshipping?You will promote your own online store andproducts the same way as any e-commerce site. To increase your store trustability, createsocial media accounts for your store. You will also need to create Facebook Ad accountand set up Google accounts to start your adsand promote your online store. Dropshipping business has its own advantagestoo. It lets you run a business without productmanufacturingAnd you don’t need a warehouse and don’thandle goods, shipping and deliveryYou decide how much your products cost andget higher profit marginsWhat is even more important, your money isalways within an easy reach. You don’t need to wait for it for months– you get it into your account right aftera purchase is made. Here are some disadvantages. You will have to learn how to promote yourbusiness and attract customersYou will deal with a longer shipping timeAliExpress has improved shipping greatly forthe last years, now it takes less time todeliver to the most of the countries, evenwith AliExpress standard shipping. Many clients are fine with long waits if youdon’t charge extra for shipping. Anyway, we strongly recommend using ePacketshipping option thattakes only 5-14 days to deliverTransferring the orders to the relevant originalsellers is your responsibility. Both of these methods allow you to start earningonline without holding inventory and enablean easier business launch in comparison toother modelsThe main problem with affiliate marketingis quite a low profit. Furthermore, it’s better to check out theterms and regulations of Affiliate programas there might be lots of restrictions andpitfalls. As for dropshipping, its’ biggest challengeis customer acquisition. Which way to go?Let’s see what is important before makingyour decision. What do you aim for right now?Do you want to test yourself for being ableto earn online or start an online business?The more efforts you put in – the more resultsyou get. Dropshipping can become your future self-employmentand the instant income source. AliExpress or Dropshipping affiliate programs?I’m not sure about that. Affiliate marketing is a really good way toget additional profit if you already havea stable traffic source, for example, if youhave your own popular blog. Your loyal audience might react very enthusiasticallyto your recommendationsand bring you some sales. If you are just a beginner and you don’thave an opportunity to develop your own blog,it’s better to create a store. Moreover the knowledge you’ll get whilelearning dropshipping, marketing and customer servicecan be really useful in real life. When you take part in someone else’s affiliateor monetization program,you accept their requirements. At the same time, when you do drop shipping,you fully own your venture. That’s your own website with your own styleand design, with your unique product descriptions,and with your own price markup. Affiliate programs won’t give you as muchfreedom as drop shipping store can. That’s my point!Like this video and subscribe if you foundit useful. Write any comment if you have something tosay!Bye!