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With all the evolution that the universe is facing, endless opportunities right at our fingerprints. Therefore, entrepreneurs are flocking toward online businesses instead of traditional businesses.
Dropshipping and affiliate marketing are two lucrative business models, and two best ways to make money online. Both models have their own pros and cons, and this post will differentiate between both businesses, in order to make you decide which one is for you, so follow along to learn more!
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A good starting point would be defining the dropshipping and affiliate marketing business models!
What is dropshipping?
In a short answer, you don’t sell your own products, you’re basically someone’s product, which for sure makes the process seamless and less costly!
It’s a great business that doesn’t demand as much as the traditional retail model!
Now, while the retail industry is dying, a lot of entrepreneurs are flocking towards starting their own online business. Unlike brick and mortar business, instead of renting or leasing land, you can replace it with a domain and host.
Starting a dropshipping business is incredibly simple. Thanks to platforms like Shopify! They’ve made entrepreneurs’ lives easier. Shopify simply has everything you need to start selling online, anywhere!
Learn more about Shopify, the world’s biggest eCommerce platform that’s now home to over 1 million business owners (Open in a new tab)
While some people claim that this is a dead business model, new studies projected that worldwide retail e-commerce sales will reach a new high by 2021. Ecommerce businesses should anticipate a 265% growth rate, from $1.3 trillion in 2014 to $4.9 trillion in 2021.
You can start dropshipping as side-hustle, and who knows, you can end up earning a 7-figure a year! This is a very lucrative business model, where you don’t need to stock inventory and pay anything upfront.
The best and coolest part is that dropshipping is a 100% legal business. Most countries have legalized this awesome business model, and there are no laws or policies by any government that make the business unlawful.
But like any other business, there are some details that you need to pay attention to, legal stuff that can lead to troubles. With our directions and tips, you’re more likely to overcome those obstacles and avoid any troubles.
Learn more about risk & benefits of the dropshipping business model (Open in a new tab)
How does dropshipping work?
The dropshipping model is becoming popular day after day, but the trouble is that most people don’t know how does it exactly work.
After deciding your product niche, your next step would be finding the top suppliers in that niche.
Let’s simplify the process in bullet points:
- First of all, you create a storefront using Shopify
- You select your products niche (what you’ll be selling)
- You (the seller) find a supplier that ships directly to your customers.
- After that, copy the product’s images that showcase its features along with a good description.
- You set your own prices. If the product is for $5, you can list it for $10 for example.
- A customer comes in, surf your site, like a product and place an order (Pay you money).
- The seller (which is again you) receives an order containing their information (name, email, phone, etc…)
- You forward the order info to the supplier and pay for it from the money that the customer has actually paid you.
- The supplier will handle packaging, shipping and delivering the item directly to the buyer!
How to make money from dropshipping?
In order to run a profitable dropshipping business, you need to set your own price, but when you do so, there are some things to take into consideration before defining the prices:
– Cost of product
The original cost of the product can help you determine the multiplier mark up. So for example, if a product is for $5, you can mark it up by 4 to 5 times and sell it for $20-$25 (depends on the niche and competition)
You need to know that the same multiplier markup doesn’t work for all products. If for example, you’re selling a hoodie that costs $30 from the supplier, it wouldn’t make sense to mark it up by 5 times since the total price would e $150!
– Product’s shipping cost
You should be reviewing the supplier’s policies for what’s related to shipping costs. Shipping costs vary depending on the product weight, size, shipping method and the country that the product’s shipped to.
If you’ve not paid attention to different shipping costs, you may face a loss if a customer places an order for several items at once.
Also, some suppliers provide free shipping, so it’s good to get the benefit of this and reduce the total price for customers, or just simply offer free shipping after spending $99 on your site for example!
– Product’s quality
The product’s quality should also align with the total price. You need to put yourself in the shoes of your customer, and ask yourself: Does the product worth its price?
The higher the quality is, the higher the markup multiplier can be.
You can check other people’s reviews around that specific product, or you can personally order a sample to check the quality by yourself, so you would have a clear idea about the customer’s experience after buying from your store.
– Other expenses
When setting your own markups and prices, you should take into consideration that there are many other expenses than marketing.
At the end of the day, you are not wasting your time just to break even, or even lose. The product price should cover all the expenses.
Some of the other expenses are Shopify subscription monthly or yearly (Check Shopify pricing plans), having a virtual assistant, leveraging other tools and resources.
And you should never forget about the transaction fee that Shopify or any other payment gateway has.
– Other competitors prices
When setting your own prices, you should have a look at what you’re competitors are actually doing. You should be aware of the competition flow, and not lose any chance of gaining a competitive advantage over your competitors.
Yes I know, there will always be a store that can sell the same products cheaper, however, other sellers’ prices can help you to orientate.
Don’t just start competing with other stores on price since that is not a good long-term strategy. Just be reasonable and rational when setting your own markups.
How to get customers and sales in dropshipping?
In order to get profitable, your profits should exceed your expenses. And for that to happen, you should be getting a good amount of sales.
Acquiring new customers has different approaches and methods.
To make it simple and straightforward, to get customers on dropshipping, the main method is direct marketing. You need to advertise online on many channels like Facebook, Instagram, Google Ads, and YouTube.
You definitely should be willing to invest when trying to reach your most ideal customers, people who are mostly interested in your product (which solves a particular problem for them)
You should be picky about choosing the advertising strategy and channel. Social media tend to be the most affordable option for people who are just starting out.
Though, if you don’t know what you’re doing on social media, you could lose your shirt targeting the wrong audience over and over again!
Overall, paid advertising is the optimal choice to go with when starting in dropshipping.
Of course, you can implement SEO strategies for long-term success, but this is a time-consuming process, so it’s advised to be pushed with paid ads to help you get conversions, and re-invest in the business!
We’ve scoured the internet for the best Facebook ads course, and found that Max has the best Facebook ads course on the whole internet that’s called “Paid Traffic Training”.
This is not just an ordinary course, it’s a comprehensive and personalized training program built on a foundation of regularly updated step-by-step video lessons sharing what’s actually working.
Will results like these change your life and business? Have a closer look, and see what people are saying about it (Open in a new tab)
Also, I should mention that email marketing should be a part of your online advertising strategy. Professional marketers tend to use email marketing because:
– Email marketing builds trust and engagement.
– It keeps your brand under your customers’ eyes.
– It’s way cheaper to sell to a current customer than acquiring a new one.
– You keep your customers in the loop.
For sure, sending an email to one by one is not convenient at all. You should be comfortable dealing with an autoresponder to handle the job of sending automated emails to your subscribers and customers based on their activity.
Here are some of the things that an autoresponder can help your business with:
? Greet people by a personalized welcoming email.
? Order and payment email confirmation.
? Suggest products based on the pages that they visit.
? Bring your customers back to your site.
? Send exclusive discounts and coupon codes.
? Build customer trust and loyalty by sending personalized birthday wishes.
Also, there’s something called influencer marketing, where you pay small, medium or big influencers to talk about you and your brand.
They can feature your product in an image, or record a video of them using your product, which is known to build a great awareness, depending on the influencer’s audience/following base.
Join the top influencer marketing platform. Reach over 600M Active Followers & Subscribers (Open in a new tab)
What is affiliate marketing?
Affiliate marketing is actually an action-based or performance-based marketing. Companies pay affiliate commissions based on referrals. This means that you can earn money by simply referring traffic to their company, and they will pay you for each lead or sale.
Affiliate marketing has different forms, as some companies pay per lead (name, email or phone), others pay for a successful sale.
It’s so easy to learn affiliate marketing and become an affiliate. Nowadays, nearly most companies have their own affiliate program which you can find somewhere on their site (usually in the bottom).
You simply apply to their affiliate program and become an affiliate. You’ll then be given a unique URL to track the traffic and sales from your side.
When some of your readers, followers or friends who you are recommending that company to, end up buying through your link, you get paid.
And this is at no additional cost for customers, and you may be asking HOW? I’ll tell you how.
When you become an affiliate with a company, and let’s say you’ve brought them a customer, in this case, the company has not paid a single dime to acquire a new customer.
That’s why they would be willing to pay you 15%, 20% or even 40% of the sale because you simply cut the way up and eliminate the marketing, learning, testing and targeting phases for them.
Related: What is Affiliate Marketing? Best Beginner-Friendly Guide! (Open in a new tab)
What’s the process of affiliate marketing? How does it work?
As I’ve mentioned above, you simply find a company in your niche, then you apply to become an affiliate. The approval process varies from a company to another.
After being approved, you are given portal access where you can find/edit your account’s information, your needed traffic/sales/commissions reports along with your unique links and creatives.
You’re now ready to start recommending that company to other people, and whoever has purchased through your link, you get paid.
Yes, it sounds so easy, and it actually is, but you need to know what you are doing and set a strong plan, and that’s why we are here for!
I’ve written a step-by-step affiliate marketing guide, that can educate you more about this business model and give you real-life examples of the best affiliate programs around. (Open in a new tab)
How to make money from affiliate marketing?
Since affiliate marketing is an action and performance-based marketing, the money you make is the commission for getting people to register or purchase through your link.
Each company has its own rules. Amazon for example, (the world’s largest retailer) has a commission that ranges between 4%-10%.
Companies like Clickfunnels have what’s called recurring commissions, which means that you will keep getting paid as long as the customer is a paying customer with the company. You only acquire the customer once, and you’ll receive a payment each time he renews his subscription or membership.
Yes, SAAS (Software as a service) companies are more likely to pay recurring commissions since they are getting paid continuously, so it’s a great way to reward their affiliates, and it’s actually a win-win situation.
Related: What is Clickfunnels? Learn what you’re missing about it! (Open in a new tab)
How to get customers and sales in affiliate marketing?
Blogging tends to be the best and most genuine way to make money with affiliate marketing.
Starting a blog is easy, but requires constant efforts and time to see the results you’re looking for.
Here in EcomDimes, we teach you how to start a blog from scratch with a few simple steps using HostGator, the best hosting service provider from my own experience.
Bonus: How to start a blog that actually makes money in 2020? (Open in a new tab)
After setting up your blog, you populate it with tons of articles and place your affiliate links inside those articles. Every time a reader places on your content and take action, you will get paid.
So, in order to get sales, you need to get a lot of traffic to your blog, and for that to happen it’s highly recommended to optimize your blog for search engines, so you can get Google’s organic traffic for months or even years to come.
Besides that, blogging has over 20 streams of income, where you can be making money from your blog. This guide projects all the available methods to make money from your blog. (Open in a new tab)
Pros of the dropshipping business model
The dropshipping business model has different advantages. Let us take a look at the main benefits of it:
Dropshipping is easy to start.
Starting in dropshipping is ridiculously easy! All that you need is a domain and an eCommerce host solution.
The best eCommerce company that I’ve had huge success with is Shopify. Shopify will act as your hosted e-commerce solution. This will allow you to easily create a professional-looking store, display your products and take payments from your customers.
You don’t any prior experience to start in dropshipping. Here in EcomDimes, we cover all the topics that are related to dropshipping, to help you succeed in this wonderful journey, the journey of selling online and becoming your own boss!
We’ve come up with this awesome free course, that will educate you about the basics of starting a dropshipping business with Shopify.
You don’t need to learn it all, get inside, test it’s waters and see if it’s for you or not!
Shopify offers a 14-day free trial, where you can experience selling online, take the time to set up your storefront, populate it with products, pages, and the needed policies, and finally make it inviting to introduce it to the world.
While the free trial allows you to start your store and customize it without even paying a dime, but you won’t be able to receive and process actual orders unless you pick a paid subscription plan.
Luckily, when starting out, I bet that you don’t need more than the basic package, and you can upgrade as your business grows.
It’s easy to grow.
From as low as $29 (Shopify basic package), and a domain name for approx. $14, you can have your online store up and running. As you are starting out, you won’t need more than this package as it will give you all that you need to start selling online.
Related: Learn more about Shopify pricing plans (Open in a new tab)
The best part about Shopify is that you can upgrade as you go along and business grows.
You, for example, can start with a free theme that Shopify offers, and upgrade to a premium theme that makes your store look inviting and professional to differentiate yourself and stand out from the competition.
Customers are yours.
When building a dropshipping store, you are representing yourself as a brand. Even if you are not the manufacturer of the product, but people don’t know that, they only know you.
So, be picky in choosing the product and supplier, because it will affect your brand. If people don’t like the quality of the product, they won’t blame the manufacturer, they will blame you!
As your business grows, you will be having a customer database, and this is your biggest asset.
You can continuously engage with your customers, send them daily/weekly/occasional promotions, which builds more trust that leads to more sales.
How to build your business list, and why should you start doing so in 2020? (Open in a new tab)
It doesn’t demand a lot of capital.
You may have an idea now that dropshipping doesn’t require a lot of capital. Unlike the brick and mortar business, you don’t need to buy or rent land. Instead, you get a domain and open an online storefront!
Since you are not selling your own product, and you’re not the one who’s responsible for shipping and delivering the products, you don’t ever need to stock an inventory! This is the biggest advantage of dropshipping that puts your risks to the least.
Easy to manage.
Since dropshipping doesn’t require you to make too many commitments, you can manage everything with little hassle.
You can do everything all by yourself if you want to. Once you’ve found suppliers and gotten everything set up, you’re mostly responsible just for your online storefront.
You are in control of everything.
This is a business where you control everything from A-Z. You’re in control over choosing the products you want to sell, adding or editing the images the way you want to, adjusting and setting your own prices.
You’re also in control over the marketing. In affiliate marketing, you’re not allowed to sell anything that you want, you’re only restricted to products that the affiliate program has. In most cases, you can’t create bonuses and freebies, but with dropshipping, you can do that and add any desirable upsell.
It’s a flexible business.
Dropshipping is a flexible business that gives you a lot of room to make decisions that work for you. It’s by far one of the most flexible careers that anyone can pursue.
You don’t need to bend over backward to get things done, you set your own pace, get to be your own boss and set your own rules.
You can work from anywhere you want, at the times that are most convenient for you. With a click, you can add or remove a product, adjust prices and change your strategies on the fly.
Simply, the possibilities are limitless, and even if you’re on a vacation, you can automate the process or even hire a VA.
Pros of the affiliate marketing business model
Affiliate marketing requires low overhead and capital.
“Affiliate marketing has made businesses millions and ordinary people millionaires”.
Because it requires a low budget comparing to any other business model. You simply decide your niche, choose the company or brand to partner with, grab your link and recommend it to people, and when people end up registering or buying you’ll get paid.
You can have recurring commissions
Promoting a SAAS (Software as a service) is literally powerful. Softwares, online tools and membership websites are a great opportunity for getting recurring commissions.
Take Clickfunnels for example, it’s a comprehensive toolkit for online marketers to create awesome landing pages that convert. They have the strongest affiliate program on the internet.
If you become an affiliate with Clickfunnels, you’ll get 40% of customers’ sales, not just for the first month, but as long as the customer is paying for the monthly or yearly subscription.
The power of recurring commissions gives you the ability to really earn while you’re sleeping, with no efforts at all from your side. You only put the efforts and time in the beginning, but once you build a customer database, you’ll keep earning money as long as they are customers.
Have you ever known that Clickfunnels can get your dream car for you if you become an active affiliate? Learn more about their affiliate program (Open in a new tab)
It’s flexible, you can put in as much time and effort as you want.
You’re your own boss, you set your own schedule, and set your own strategies. This business is really flexible and can be completely automated.
Once you’ve created your sales funnel, landing page or your squeeze page, you’ll run ads and just come and check them each day to do the necessary optimization.
What is Clickfunnels? Best landing page builder and toolkit (Open in a new tab)
You’re in control over who you want to work with.
It’s totally up to you to choose the company that you want to partner with. After deciding your niche, you can find related networks that offer a wide range of products and services in that particular niche.
Assume you’re in the health and fitness niche, the best network to get involved with is ClickBank. You simply apply for the network and get access to the whole network, then you’re free to join any program you desire to start promoting.
Most affiliate programs are free to join.
Most affiliate programs and networks are free to join. Once you’re approved, you’ll be given a unique URL and in some cases the marketing creatives.
The only thing you need to be concerned about is marketing. This is the power of affiliate marketing, this is a great elimination of risk and costs.
In our affiliate marketing guide, we actually educate you about the most genuine programs and networks that you should be applying for, learn more inside and grab your “Affiliate Marketing Quick Start For Beginners” free course (Open in a new tab)
You can earn passively
The best advantage of affiliate marketing is that you can earn passively, while you’re sleeping!
Yes, that’s possible, and a lot of people around the world are doing so at this moment. I’m not saying that you’ll become a millionaire overnight, but with constant efforts and a solid strategy, you definitely can reach this level.
Let’s assume you’ve created a blog or a YouTube video, and simply threw your affiliate links inside. If someone (even while you’re sleeping), comes in, goes through your content and decides to signup or purchase, you’ll wake up on commissions, as simple as that! 🙂
No need to stock or ship products.
In affiliate marketing, you’re not selling your own product, you’re actually selling someone’s product. That means that you don’t need to stock or ship any products.
The coolest thing is that in most cases products are digital. Selling digital products doesn’t require any shipping or delivery since emails are all that needed!
Get support for marketing
All affiliate networks and programs provide satisfying customer support for their affiliates. These companies are also aware of their position in the market and have created a strong competitor analysis strategy, so they have tested what’s working and what’s not.
The point that I’m trying to reach out here is that most of these companies will provide you with marketing materials such as banners, images, and even blog articles.
These marketing materials are proven to be high-converting. You place those banners around your content and just let the magic happen. When people click on those banners, they will be taken to the product you’re affiliated with.
You do not Have to worry about customer service, product fulfillment or processing any potential refunds.
Since you’re not selling your own product, you don’t have to directly deal with customers, fulfill orders and deal with tiring refunds.
Unlike the dropshipping model, in affiliate marketing, closing and selling are handled by the company, which makes the process less painful.
You can do this anywhere in the world as long as you have your laptop and an internet connection.
Literally, as long as you have a laptop or PC, with a reliable internet connection, you can do affiliate marketing, and this is a common benefit between both business models actually.
Affiliate marketing is ideal for bloggers, coaches, information entrepreneurs, and those who build and maintain their own digital properties.
There are numerous ways to make money from blogging, but affiliate marketing tends to be one of the most common and the easiest way to make money from blogging, particularly for beginners.
If you are planning to start a blog, or have a blog that you are looking forward to monetizing it, affiliate marketing is the way to go, and check the below resources to learn more:
Blogging income streams – Affiliate marketing #1 (Open in a new tab)
The best beginner-friendly guide for affiliate marketing (Open in a new tab)
Cons of the dropshipping business model
Long shipping times (Mostly from China).
Most people will ship from China because products are cheaper, but they are not aware of the long shipping periods.
Sometimes, it takes an eternity to ship from China to the USA, and that won’t give you a competitive advantage over your competitors.
Long shipping times will lead to refunds and cancelations, which is not healthy your business at all, and can lead to a big loss!
But this issue has been solved by companies like Spocket and Salehoo. These companies have solved problems like finding suppliers from the US, EU, and Canada without taking a charter plane and fly searching for a supplier.
What Is Spocket? Best Way To Find Quality Suppliers From The USA & EU (Open in a new tab)
How To Find Quality Suppliers For Your Dropshipping Business? (Open in a new tab)
No control over shipping and product quality.
You’re not selling your own product, so you won’t have any idea about the quality of the product that you’re selling.
Also, since you’re not the one who’s fulfilling, processing and shipping the items, shipping times are completely out of your hands.
Dropshipping is an active business, not passive.
Of course, dropshipping is different than a brick and mortar business, but it’s also an active business. The way you earn money is not passive, you need to set up the store, organize it, populate it with the policies and products, setting your own prices and connecting the payment gateways to be able to receive actual orders.
You need to keep an eye on your email in order to answer any inquiry on time, and also on orders to make sure you fulfill them on time.
The order won’t be shipped from the supplier unless you fulfill it and forward it to the supplier so they can process and ship it as fast as possible.
You also need to watch the suppliers’ stock. If a product ran out of stock, you need to remove it and occasionally keep removing/adding products to align with the trends and people’s interest.
The potential of losing money if someone asks for a refund or cancel the order.
A refund is a bad experience for both a business owner and a customer.
From a customer’s perspective, when the product doesn’t meet their expectations or takes a long long time to be delivered, they are more likely to cancel their order and ask for a refund.
What does that mean for the business owner? It means a loss, not just in the money, but the customer is also a lost potential, besides the bad reputation for your brand or business.
This is a bad point of dropshipping, you don’t have a complete idea about the buyer’s experience or the product’s quality. That’s why is advised to order a sample and see how the flow works and how long does it actually take to receive the order.
Cons of the affiliate marketing business model
Customers are not yours.
You are getting sales, right, but these customers are not yours. They are not your loyal and repeated customers. The fact is that some affiliate programs pay for the first lead or sale only.
Professional marketers have found a solution for this, which is leading people to a landing page to capture customers’ emails and names first, segmenting their interests and then have a list of people who are interested in particular stuff or have the same problem in common.
Do you want to learn how to create awesome landing pages that convert? Learn more about Clickfunnels, and lock your free pre-built templates for almost any business along with a 14-day trial (Open in a new tab)
For example, if you are promoting a health and fitness-related product, you can push traffic to a page that looks like this. The purpose of this is that you will get people’s information, and segment them into groups of interests. Those who opt-in have the interest of burning calories, for example
The biggest mistake that most newbies do is try to sell to a stranger, or do what’s called direct linking. Direct linking is when you push traffic directly to the affiliate sales page, with the ugly spammy complicated email.
Do you know that people need to see your brand and engage with it several times before they take action and buy? Yes! It almost takes 9 clicks to get a visitor converted into a customer, and email marketing can definitely do this for you.
When driving people to a landing page, not only you can engage with them to increase the conversion possibilities, but you would have a list of people who are interested in the health and fitness, let’s say, and you can build trust with them, and regularly send them emails that contain other promotions or recommend other products related to their interest.
Learn more: Why should you start building your business email list in 2020? (Open in a new tab)
Big companies have hundreds if not thousands of active affiliates who are promoting the same product/service, using the same creatives and bidding on the same keywords.
I believe that competition is a good thing, but standing out from all of the competition requires giving your customers the reason to buy from you.
Again, giving a freebie or free stuff (PDF ebook, checklist or a discount) is a smart idea. You have to let them feel that they’ve locked a great deal!
Companies are in control
The affiliate portal what connects you as an affiliate with that company. So, some affiliate networks or programs will suddenly reduce your commission or decide simply not to pay you (which rarely happens), in this case, there’s literally nothing you can do.
Choosing the right affiliate partner matters. So head over to our affiliate marketing step-by-step guide to learn more about the best companies that you should be partnering with, to avoid any issues. (Open in a new tab)
So, which is for you, dropshipping or affiliate marketing?
Do you want passive and recurring income? Then affiliate marketing would be the best choice especially if you don’t wish to directly deal with customers, and to avoid the headache of customer returns and complaints.
On the other hand, if you want to build your own customer database and be in control over your marketing, then creating an online store with Shopify is your best choice.
Don’t you know how to set up your online store on Shopify? No worries! Check this step-by-step guide for how to create an online store using Shopify (Open in a new tab)
Knowing your desires and capabilities can lead to choosing the right business model. We projected and differentiated both businesses just to help you decide while reading which one fits you most, and you’re the only one to determine this.
Both businesses are genuine and can make you good money, and most importantly, they require little to no money capital compared to brick and mortar business.
Pin this image or bookmark this page to easily refer back to it anytime you want to!
Final Take Away
What really matters the most is your mentality. There are many business opportunities nowadays, but you have to believe in what you do. Don’t let negative people ruin your dreams or plans.
Stay focused on what you want and don’t ever doubt any of the previous business models. One of my favorite quotes is by Bo Bennet: ” Affiliate marketing has made businesses millions, and ordinary people millionaires”, and it’s true!
On the other hand, while retail is dying, new studies projected that worldwide retail e-commerce sales will reach a new high by 2021. Ecommerce businesses should anticipate a 265% growth rate, from $1.3 trillion in 2014 to nearly $4.9 trillion in 2021.
Last but not least, no one was born with knowledge. Sometimes you need to get inside the thing in order to learn. I recommend you try these models, test its waters, and see which one works for you and fits your capabilities most.
You won’t be risking anything, Shopify allows you to start an online store and experience selling online. Create your online store and grab your 14-day free trial. Don’t wait to learn it all, start and learn as you go along.
Do you want to save your seat in the free Shopify course? (Yes, grab my seat)
Also, if you want to do affiliate marketing and blogging, starting a blog is very cheap. Exclusively for EcomDimes readers, you can start your blog today for as low as $2.75! Equivalent to a cup of latte from Starbucks! Take advantage of this offer because I’m not sure how long will it last!
Do you want to save your seat in the free affiliate marketing course? (Yes, grab my seat)
Not just this, if you choose to set up a blog by HostGator, they provide a 40-day money-back guarantee, which means that if you don’t feel that this is for you, you’ll get your money back with no questions asked! How awesome is that? It’s just couldn’t be better than this.
Knowing your limits, strengths, and weaknesses is essential to be able to position yourself on the right path.
Thank you for taking it that far. What business model did you like most and planning to implement? Do you have any previous experience with any of the business models above?
Good luck with your business. Share it with a friend if you care for their financial improvement as well 🙂
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