Hello, good morning, evening or night, wherever and whenever you are.
This week in Web Business Creations class of BYU Idaho we learn some peculiar things for anyone who is interested in the entrepreneurship online. I think the most significant online ideas for the beginners or young entrepreneurs of online business, the marketing tendencies of Drop Shipping and Affiliate Marketing.
Spoiler alert. This could be frustrating, because when you know them, you realize all money you have been loosing, all potential you have, and you have been wasting if you are, or you have been tried with online sales because these are two great ideas.
Well. The affiliate marketing is q way where you can start with the online sales without selling. I explain you, you must affiliate with a distributor for to promoting their products on your website, your work will be to bring traffic and influence en the opinion of your visitors for what they decide to buy the products of the company which you are affiliated, through a link which directs your visitors to the company website, in there they buy anything, so then the company pays you a commission after the sale was completed. You must not have an online store, a payment management system or storage, also you must not worry about the post-sale attention, all that work will be done for the company, a double sharp knife as I see, because though you are working in your position as influencer, the company is who has kept the possibles long life sellers. Regularly the commission used to be low if you talk about money, but hight if you talk in percentage.
Otherwise, the Drop Shipping is the way which you work also try to bring tram traffic to your website but in this case you are in charge of the sale, the logistic ship, the post-sale customer attention, and you use the company only to asking for they send the products you are promoting on your website. I mean, you actually have an online store in your website, your visitors buy directly any product to you, you receive their payment, then you pay the company for the product and the ship, and then the company sends the product to your visitor.
Even deal with all post-sale customer service could seem a disadvantage, is a great opportunity to improve the loyalty or your client and maybe lead them to a second or another complementary buy.
All depend on your vision goals and too many times in the product you want to sell but do not doubt to make an investigation deeper of the options that this both marketing tendencies have to offer your business.
Thanks for Sharing.