Affiliate marketing is a very quick and easy way to start your own online business. But I recommend, even to beginners, that they at least consider creating and selling their own products. Here are 3 reasons why creating and selling your own products is far better for your business than affiliate marketing.
Reason #1: You don’t have to depend on others
Have you ever had to wrestle with an affiliate company over commissions? You thought someone had bought something from your website, but the affiliate company did not record the sale. You then had to prove that you they owed you money, and if the affiliate company agreed with you, they said you would get paid on their next payment cycle next month.
Well, I have been through this process several times, and nothing is more frustrating than having to prove yourself time after time. When you create and sell your own products, you don’t have to worry about any of this. When someone buys something from your website, you know it. And more importantly, your bank account knows it. You don’t have to wrestle with anyone to get the money you deserve.
Reason #2: You get paid 100% immediately
As an affiliate, you have to rely on other people to approve your sales and send you a check. Usually it takes months from the day you make a sale until you get paid. This is not so when you sell your own products. When someone buys your product from your website, you get paid immediately. And you don’t get paid some small commission for your work either. You get 100% of the profits, and you get those profits immediately.
Reason #3: You can build your own brand
My wife likes to watch Martha Stewart. The other day she said she was amazed at all of the places she saw Martha Stewart’s name – on TV, in magazines, in stores, in books, etc. I told her that the reason she saw Martha’s name everywhere is because Martha had done such an excellent job of building her brand.
You need to do the same. You need to build your own brand on the Internet. Having name recognition is the best way to make money over and over again. When you create and sell your own products, you are drawing attention to yourself and establishing yourself as an expert. Once you have become an expert, people will recognize the quality of you and your work, and they will come to you the next time they need help.