Affiliate and drop shipping
business models both offer some ease where startup costs and convenience are
concerned. Knowing your business goals will help you to decide which model
would work best for you.
The affiliate model allows you to
market products that are on a site like Amazon and then receive commission when
the traffic you drive their purchases the product you advertised. Many influencers
have a business like this. They talk about a product they like and link you to
it. When you buy it, they get a small commission. As anyone who has used Amazon
knows, they process the order, ship it out, and take care of any returns. This
is a low-risk business model but needs a strong marketing strategy as you won’t
make very much unless you are driving a lot of traffic to the site. Some top affiliate
markets:
- CJ Affiliate
- ClickBank
- Rakuten
Advertising
- Awin
- Impact
- Amazon
- Shareasale
- Ebay Partner Network
- Bass Pros
- REI
Drop shipping is a little more
involved and offers more control. Drop shipping makes it so you don’t have any inventory
to stock, (though it would be a good idea to check out the products before you
sell them) and instead the suppliers store the inventory and ship it out. The
customer will place the order with you, you forward it to the suppliers (some
sites have this automated) and they take care of the rest. However, many
suppliers don’t have a return policy and instead it is placed on you. Some top
drop shipping markets:
1.
DSers-AliExpress
Dropshipping
2.
Spocket
3.
SaleHoo
4.
Zendrop
5.
Modalyst
6.
Trendsi
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