— some advantages of affiliate marketing compare to traditional or other business models
- [p=personal advantages compared to the average affliate[
- 🙂 no /legwork/ setting up a company
- 🙂 no /legwork/ building a shop front, but some legwork building APS. This t$cost is a differentiator from the uncommitted players.
- 🙂 low $investment [APS], possibly $0. No worry about financial loss
- 🙂 no inventory required,
- 🙂 [p] As a decent writer, I can slowly build up a detailed “story” about a product.
- 🙂 [p] I have some inet tech skills compared to a lay person
- 🙂 [p] my son can help out.
- 🙂 [p] I have many advisors experienced in web tech or digital marketing
- 🙂 similar to recreational investment, this recreation can be sustainable rather than hurting my burn rate.
Big (economic) picture — Over the decades, more and more consumers are buying online (vs offline). ( XA.S said nothing but this in his response to me. ) Since mid 2010s, Lazada, Shopee etc have grown exponentially, reflecting the demand and consumer habit. Example — For a young mother, any way she would compare a few baby powders and choose one.
K.Hu’s opinion ?
— various roles you can play .. In the big picture, once you get a foothold in this (expanding) universe, you can potentially choose to play any of the multiple roles like shop owner, SEO consultant to local companies, online-marketing software salesman, WordPress consultant.
You can also help your family members grow an income, grow an economic skill. Contrast that to an “unprofitable” or solitary hobby like photography, golf, art…