Affiliate Marketing or Network Marketing
How do you choose a good home based business? First off you will need to decide what type of business you feel more comfortable with. You can choose to do affiliate marketing, network marketing or a few other concepts that are out there for you to choose from. Decide if you want to promote a product or a service. Some people will do better with a tangible item and others do better with non tangible. Both of these can create residual income because you are going to be offering these on a monthly basis.
Affiliate marketing is usually made up with a set of tools or products that are offered as a one time sale. To continue to receive more commission you need to continuous market your products. Affiliate marketing can be profitable. One of the downfalls I have found out with affiliate marketing is that you do not have support like you do in network marketing. There is several books and courses available on affiliate marketing on the Internet. But these are focuses on you doing just about everything yourself.
Network Marketing can be profitable when done correctly. You will receive more support because the person who introduces you to the business has his and your best interest in mind. Network Marketing companies usually have everything you need to market these turn key businesses. When you make a sale you receive commission as long as the customer or business builder you introduced into the business buys the product or service.
If you choose to do affiliate marketing as your primary business do research on the product and items to see what the market currently is for your product. You might find something you expect to sell for 37.00 being offered everywhere at 9.00. This competition will hurt your business. The best affiliate programs are either the ones you create yourself or ones where everyone purchases for a central location and you are paid your commission on the back end.
Regardless of what business model you choose do not neglect your education in this new field. Buy a couple of books and courses to help get your new business growing. Education is one of the pieces most new people forget. They struggle and then eventually quit thinking that these business do not work. The business didn't work either because of your knowledge or your lack of research.
About the Author:Steven Hutera is the Author of "Daily Arsenal Of Tools" AKA "The Keys To My Business" Visit http://www.mentoringworkshop.com for complete online business secret building tools. These tools will bring your business to the next level.tools will bring your business to the next level.
Article Source: ArticlesBase.com - Affiliate Marketing or Network Marketing