Affiliate Marketing, Network Marketing, Invitation Marketing - which one is it?
Which marketing system is the better one?
Honestly? - There is no answer to that. It is individual and different for each person. One likes this, the other likes that.
Therefore I will here (only) point out the special features of the different variants, so that everyone can decide for himself/herself where he/she feels most comfortable.
In general, the following applies to any online business: As for a newly opened offline business, I have to invest. In offline business it is sometimes a lot of money, in online business it is (less) money and/or time. If you have money, you can boost your business faster by targeted advertising measures. If you have little or no money, you have to make up for the lack of funds by spending more time.
As the name suggests, this is about building a network of partners. Network Marketing is characterised by the fact that commissions are sometimes paid down to the infinite level.
Conversely, this means that the commissions paid are lower compared to affiliate marketing - especially on the first level.
In network marketing (also known as multilevel marketing, MLM), duplication is a popular term. That means nothing else than that your partners copy what you exemplify - selling products, registering new partners.
Due to the lower commissions distributed on the first level in network marketing, it takes longer until a sufficiently high income can be achieved.
My personal experience:
Many products in network marketing are overpriced and do not have a unique selling point, as it is often claimed. The commission payment over numerous levels, sometimes to infinity, ensures a price that is not in line with the market. Therefore, Network Marketing forces almost every participant to find as many of its own consumers as possible so that its own purchase price is "reduced" by commissions.
Here is the description on Wikipedia: https://en.wikipedia.org/wiki/Multi-level_marketing
Affiliate marketing is primarily about marketing a product or service. The affiliate partner is the intermediary between the company and the customer.
The earnings are generated by a series of (recurring) customers who purchase products through the affiliate partner.
In contrast to network marketing, affiliate marketing does not build up any in-depth structures. Commissions are mainly paid only on the 1st level (direct partners), in some cases there is also remuneration on the 2nd level.
Due to this "short structure", the commissions paid in affiliate marketing are significantly higher than in network marketing.
The disadvantage of affiliate marketing is that you permanently need new customers to generate a lucrative monthly income.
For a permanent influx of customers, intensive online marketing is recommended, e.g. through an own blog with information about the advertised products.
Here is the description on Wikipedia:
Invitation marketing is a hybrid of network marketing and affiliate marketing.
It combines the advantage of fast earning and high commissions in the 1st generation from affiliate marketing with the advantages of earning from network marketing, in our case to a total of 5 generations.
In simple terms, invitation marketing allows you to generate income even when you are not actively generating new customers. This is the strength of our system.
This form of marketing generates the fastest and highest commissions in the 1st level, at the same time you participate in the successes in a total of 5 generations. If you are a networker and are currently reading this blog, I strongly recommend that you read more information about the Global Success Pool (GSP). You can find this information here. This pool is specially designed for network professionals.
As a "normal" member you benefit from our Personal Success Pool, more information can be found here.
However, it must be taken into consideration - there is no automatism to become rich! Personal commitment, money and/or time are also the prerequisites for reaching the goal.
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