Affiliate marketing is a great model for making money online, but is it the best, and what else do you need to consider? Let's look at some of the pros and cons in this episode.

Mentions:

Four Hour Work Week Book of Tim Ferris – http://fourhourworkweek.com/

ClickBank – http://www.clickbank.com/

Facebook Group Niche Site Entrepreneurs – https://www.facebook.com/groups/1165987043433051/

Pro’s of Affiliate Marketing:

Low barrier to entry

​It’s easy to set upThere’s a low barrier to entryThere’s no real selling involvedNo real marketing skills involved

Talk about fulfilment:

You don’t handle the productsYou don’t handle customer serviceYou don’t handle customer complaintsYou don’t have to handle customer credit card detailsYou don’t have to worry about securing your serverYou don’t have to worry about failed paymentsNo shippingNo warehousingNo lead time

You have a choice of market

Con’s of the Affiliate Marketing:

– There’s more competition

– No control over the product

Quotes:

“You can’t blame lack of information for not getting started” – Dom

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“You don’t have to be the first, you don’t necessarily have to be the best, you just have to be good and you just have to keep going” – Dom