Advantages and Disadvantages of Affiliate Marketing

What are the benefits of affiliate marketing?

1. Billion-dollar Business.

In the beginning of this post I already mentioned that affiliate marketing is a very benificial billion dollar industry. I’m saying that this also seems to be the main advantage. Isn’t this a big incentive to be sharing with other people?

2. Low-Cost business access.

The lack of barriers to easily at low cost access the affiliate marketing business industry is definitely one of the main advantages. It is just a matter of deciding to start or not. The only thing you need to do is to produce a website to start your affiliate marketing. After that you then choose an appealing niche and some products that will fit the market of your choice. Sign up at the affiliate marketing website, and you can start.

3. No Expertise Needed (because practice makes you perfect).

To be able to start as an affiliate does not require you to be an expert in marketing. The nice thing is that you can learn all aspects of affiliate marketing while testing several paid or organic campaigns. It is also possible to apply, manage and run other affiliate marketing programs at the same time. That way you can identify what works best and brings you the most benefit by leveraging your previous marketing experience. Then repeat the success pattern by optimizing and repeating it for results.

4. Low Investment Costs.

To begin with compared to other industries, the cost of investing and running an affiliate business are very low. Because it is all done online you are able to work and earn money at home, and therefore you only have the costs of a ISP subscription and the electricity. Other optional expenses are web hosting, the setup of a domain and the layout like a theme. But only if you decide to build a affiliate marketing website.

It is your decision, though over time, to consider renting a small office in a co-working space. But that depends if you like a office environment or even miss it. All in all, since you are a freelancer, there are no costs associated with hiring staff, customer service, or inventory.

5. Side source of income.

Quitting your current job is not necessary to start a business as an affiliate marketer. Try it as a sideline income project and see what you can achieve in the first few months.

6. Convenience and Flexibility.

Conveniently, you can create multiple flexible campaigns on different affiliate sites and landing pages to continually sell your affiliate links. That way you can optimize the successful ones, abandoning the poorly performing ones.

Sticking to one affiliate marketing program is also not necessary. From your chosen niche you can select several products from your chosen niche. Or you can promote on a daily basis by trying different niches if you’re not sure which one you want.

As an example you could install a chat plugin in your website, and begin to promote it if they have an Affiliate Partner Program. Beside that, you should also enrich your website with MailChimp. On top of that you can add several other marketing tools if they offer an affiliate marketing program.

6a. Different online marketing activities

While each tool belongs to the same business niche, they serve to manage different online marketing activities, so they complement each other. This way you add beautifully diversified software products to your portfolio, and one can outperform another.

Each tool will complement the other to serve different online activities of marketing in the same niche. One can outperform the other, thus adding a beautifully versatile software product to your portfolio.

Should one product prove to be not easy to sell, then the other could perform much better , acting as a backup. Don’t stay on a sinking ship. So if a program does not work good enough then you should just leave it.

An approach like this can reduce the risk of failure and maximize your chances of earning a lucrative online income. Be careful, to keep your marketing diverse by not putting all your eggs in one basket.

7. Customer service is not your issue.

Sometimes it can be a problem to retain customers and manage customer service related issues. Fortunately, affiliates don’t have to worry about such issues. Any question from a consumer can be passed on to the merchants customer service team. They will take care of answering the question.

If you like to create user-generated content underneath your reviews, then it’s a good idea to answer product related questions.

Nevertheless customer service is something that no one will impose on you or will expect you to do.

8. The Independence.

A strong incentive is also the flexibility to shape the working environment independently and at one’s own will. It’s your decision where the location of your office is, be it in the Bahamas or in a scenic Italian village. As long as you have an Internet connection, you will be able to work anywhere. Does your imagination appeal to this concept?

It’s extra nice with so little bureaucracy. Company regulations do not apply to freelancers. You alone determine all the rules, so you don’t have to worry about the relations between companies. You can if you like work in your pajamas. No more distracting things that are present in a loud office.

9. Marketing materials are available by the vendor.

Promotional materials and banners are usually made available by vendors, so you do not need to produce them.

10. Passive Income benefits of being a affiliate marketing while you sleep.

Receiving a passive income is the other strong beneficial characteristic to become an affiliate marketer. This is the opportunity to earn a passive income, i.e. to earn money while sleeping.

Imagine waking up in the morning and discovering more money in your account. This is the fruit of your initial hard work.

It is all within reach to be able to wake up in the morning and get a better understanding of what is all about with affiliate marketing.

11. Best benefits of affiliate marketing with a blog.

In order to market your affiliate marketing programs you can can have different ways. You can for instance set up an affiliate website blog when you posted on a regular basis articles in any given niche. But you can also market your affiliate products on social media and platforms.

12. Developing a business the costs.

You typically do business as an affiliate partner and must develop your business. The costs, such as computers and cell phones are the best part, they can be reported as tax write-offs.

13. Flexible working schedule.

Working at home and having a online business means that you have flexibility scheduling your on Daily working hours. That way you have always time in case something unexpected happens like your family’s or friends birthdays. Heaving a home based business will make sure you always have time for such things.

In case of a vacation, it is always your decision when and how many days you want to take.

14. Performance based income advantages and disadvantages of internet marketing strategy.

Performance-based income can be a disadvantage but also a benefit. The affiliate marketing business will itself will verify if you are any good at online marketing and specifically in what kind of campaigns. Are you good at online reviewing? Or is writing articles something that you are more successful at. Maybe you feel more comfortable creating revenue with paid campaigns.

This will reveal itself later on. For those who are persistent and and know how to work, success will be the reward.

The most essential factor is persistence, This is because in order to create enough traffic you need time to create and make money with it. It will take about 6 months to one year after you start affiliate marketing to see results. By that time you will see if your efforts have created enough money on the table.