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5 Reasons You Need a Business Plan to Succeed as an Online Affiliate
...... that Sally participates in the program. You might get some combination of those options.
The program described up to this point is defined as two-tier or two-level. Let's say you also receive direct financial benefit when Sally introduces her friend Matt to the program. Now we're talking about a three-tier program. In MLM terms, Sally and Matt are part of your downline.
What's the fuss'
Now you have a clear understanding of the differences with affiliate and MLM programs. They're both good business opportunities. Why would anyone care what label is attached to the program'
Some people have a very strong attachment to one type of program or the other. Proponents of MLM programs prefer the potential for exponential growth. If you have a few successful entrepreneurs in your downline, you can build an impressive residual income. People who prefer affiliate programs wish to avoid the difficulty with finding a quality MLM program. There are excellent MLM opportunities available, but the scams and poorly implemented programs far outnumber the genuine wealth-building opportunities. Affiliate programs are safer and less prone to failure due to poor management.
Bottom Line
The difference boils down to the presence of a downline. MLMs have one. Affiliate programs don't. Both can make money, but an MLM requires you to also sell the money-making potential of the program.
Neither option gets you out of selling the company's product or service. Sorry.
About the Author ******************************************************
Copyright (c) 2003 Clay Mabbitt.
Clay Mabbitt writes articles about evaluating online
money-making opportunities. Need in-depth reviews of
the latest affiliate programs' Find them at
http://www.affiliatescreen.com/
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