If you want a low risk, less capital and more return, then you may opt for an online business with an affiliate marketing or dropshipping mode. For many, a big doubt is which one among affiliate marketing vs dropshipping is more lucrative to focus on and continue for future benefits. We will check it after going through their basics.
Dropshipping VS Affiliate Marketing: Similarities
- You need to have similar knowledge or skill set for both, like how to gain traffic to a landing page, how to create effective ads, and more.
- These businesses demand low startup costs.
- No need to handle any shipment or inventory of the products while doing this business. Only responsible for the marketing and making profits.
- You can manage both online or from your home.
Dropshipping VS Affiliate Marketing: Which is Better to Start?
What is the difference between affiliate marketing and dropshipping and which is better to start? To find out more lucrative options from Affiliate Marketing and Dropshipping, this guide can help us to point out the plus and negative sides of each.
What is Dropshipping?
You can create a store that works in between the supplier and the buyer. So when a customer orders a product from your site at your price (including your profit) you can pass this to the supplier. You need to pay the wholesale price of the item. The item will reach straight to the buyer from the supplier’s inventory and the order would be completed! Dropshipping is the best business model for both e-commerce beginners and experienced ones.
Pros
- You can do it as a part-time business with your full-time work or studies.
- You can build a good customer base by getting traffic on your website.
- After subtracting the marketing costs you can still make much profit on every sale.
- You can be doing this business using your brand or website that you can even resell to anyone else in the future.
- You can get funds sooner in this marketing business as compare to affiliate
- No need to deal with after-sales problems which will be handled by dropshipping platforms like saleyee.com
The main task of an affiliate is to promote and market the product of the merchant. You need to use different social platforms including YouTube, Instagram, and Facebook to get it done. It is a good business if you do not want to bear the efforts of creating and maintaining a web store. When someone clicks on your affiliate link posted online and places an order, you will get a commission against it. Overall, affiliate marketing is said to be a low-cost yet high-profit business.
Pros:
- You do not need to handle any Customer support, so no after-sales issues.
- It is a great source to generate passive income.
- Zero investment Business.
Cons:
- Low payout in the form of affiliate commissions as compared to Dropshipping.
- You do not have control over the Pricing and Products that you are affiliating.
- There is no guarantee that an Affiliate link will be there forever once posted.
- You can withdraw money only after some limits.
- There is a chance of loss if the merchant declares bankruptcy.
Start Your Dropshipping Business for Free Today!
By preferring Dropshipping over Affiliate, you can control many things on your online store to gain more revenue. It includes;
- Set a buyer-friendly price than the market.
- Get more knowledgeable about the products in trends.
- Promote your brand.
- You can have more time to run Ad campaigns on your website.
- You can even manage affiliate marketing as well as dropshipping together.
Are you interested? But...how to start?
It is not so easy and economic if you finally decided to run a successful dropshiping business. However, with SaleYee, you can start and manage without effort. SaleYee is a worldwide wholesale and dropshipping platform that can help sellers strictly select from thousands of profitable products with fast and free delivery to the buyers from their local warehouses.
In this way, you can strategize well about your next marketing efforts and increase sales within less time and cost. So, it does not matter where you are currently based in the world, you can take their help to start and increase your online business.
The best part of operating dropshipping business with SaleYee is it also provides trained customer personnel like SEO staff and salespersons. These experts can suggest or help you “design” the product information for more traffic and handle the after-sales problems if needed. So possibly there are no cons of doing dropshipping business when you are with SaleYee.
Conclusion
By comparing affiliate marketing vs dropshipping business, the result is clear enough. In dropshipping mode, there are higher chances of faster business growth, better brand equity, and higher returns. Actually, there is no conflict between affiliate marketing dropshipping mode. It is more suggested that you can start with dropshipping modes and after marketing your online store well, you can make full use of affiliate marketing at the same time to boost sales.
