What would be my best path?

by Trenton

Posted: 11 years ago 12 replies

INTERNET MARKETING

Let's get right to the point.

I have 1-2 years to build a RESIDUAL income of 600-1000$ a month. (If I don't quite hit this goal that is ok but it will need to eventually work up to this goal. (I also need to be able to operate my business from not just my home but anywhere in the world)

My two options are 1- Network Marketing and 2- Affiliate marketing

Please be respectful of the two choices whether you do not like them or not. There is clearly good money to be made in a GOOD/legit network marketing company whether anyone wants to believe it or not.

Option 1- Network Marketing...

I have a few companies in mind that I believe can be a good company to go under. They have physical products of good value. Every Network Marketing company relies more on selling the opportunity than the actual product this is a fact... BUT honestly if it's a good product who cares? It's still being distributed to those people and they are still consuming it so I don't see the massive problem here everyone seems to make Network Marketing out to be. It is something you have to work hard at and help your down line succeed as much as you want to.

Option 2- Affiliate Marketing...

From what I understand Affiliate Marketing is basically in short advertising other companies products for a commission. This seems like a fantastic idea when reading about it but I'm sure it is a LOT harder to make an income with than it sounds. It seems like everyone claiming to be making money isn't actually making money but just trying to sell you a guide on how to make money with it haha.

Conclusion..

Anyways these are my two options. I plan on doing WHATEVER it takes to reach my goal of that residual income of 600-1000 a month (And I really do mean that I will NOT give up I will study and learn everything I need to know and work work work.)

I can't begin to describe how important this 600-1000 a month residual income is to me but that does not matter. :p

So what are you're opinion's? Don't tell me Network Marketing because you are trying to get me into your business please and do not tell me affiliate marketing because you're biased and hate network marketing.

Please give honest opinions of what you think would be BEST for MY goals. I am passionate about both and will do whatever it takes to succeed!

#path

tdanz 11 years ago

It really depends what lifestyle you want and what you want to spend your time on.
Talking with people for the majority of your time or sitting in front of your PC. Your success will depend on hard work and persistence in both cases.
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- agmccall 11 years ago
  
  Network Marketing, Depending on the company you might not be able to work that from anywhere in the world.
  
  Affiliate Marketing is probably the way to go, but do not limit yourself. Affiliate Marketing should only be your first step in your internet business.
  
  al
  
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bhartzer 11 years ago

I would personally stay away from Network Marketing. Just seems as though all the work you put in ultimately helps others make more money. With affiliate marketing, all the work you do goes towards you, not someone else (except the merchant).

Look at what you do best, though. Is it actually creating content, creating websites, doing SEO? Figure out what you like to do best and what you're good at doing--and you'll enjoy every minute of creating that extra income.
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Trenton 11 years ago

Is that a realistic goal for affiliate marketing though? Could I reach 600-1000 a month of passive income REALISTICALLY after only 1 year? I know this can be achieved with network marketing as I've seen it happen. In fact a close family friend of mine makes about 13,000 a month with Morinda Bioactives (Tahitian Noni)
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- Alexa Smith Banned 11 years ago
  
  Originally Posted by Trenton
  
  Could I reach 600-1000 a month of passive income REALISTICALLY after only 1 year?
  
  It depends what you mean by "passive".
  
  There must be 100 threads discussing this point. Everyone means something subtly different when they use the words "passive income". For myself, I'm instinctively inclined to the view that there's probably no such thing as "reliable, completely passive income", really, either in MLM or in affiliate marketing (and I have experience of both).
  
  Originally Posted by Trenton
  
  I know this can be achieved with network marketing
  
  Clearly.
  
  Nobody should question that.
  
  But it isn't necessarily the point. In my opinion, the proportion of people managing to achieve your (very modest and not-too-ambitious) target in MLM will be a tiny fraction of those achieving it through affiliate marketing. That might perhaps be a more significant point? It would be for me.
  
  Originally Posted by Trenton
  
  a close family friend of mine makes about 13,000 a month with Morinda Bioactives (Tahitian Noni)
  
  I also know someone (in Ireland, I think) who does that well from Tahitian Noni. However, that doesn't change the fact that the numbers of people who do that well with Tahitian Noni are absolutely tiny, and those people are - statistically - two among multiple thousands, whereas in affiliate marketing, their equivalents might be two in only 200 or 300 people. That's a huge difference in the odds!
  
  Like anyone else posting on this subject who has done both, one far more successfully than the other, of course I may be biased by my own experiences. (I was in MLM for just under a year, and never quite got to $1,000 per month, although I wasn't far off it at one point. Affiliate marketing was a cake-walk, by comparison, and that was so even after a very bad, very rough start with no income at all in the first 3 months!).
  
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- petelta 11 years ago
  
  Originally Posted by Trenton
  
  Is that a realistic goal for affiliate marketing though? Could I reach 600-1000 a month of passive income REALISTICALLY after only 1 year?
  
  Yes! That's pretty small goal really. You could do that in 30 days realistically, but you have to create a plan of action and follow it through consistently.
  
  Choose a niche... create a list system... send traffic to the list so it grows... promote products.
  
  That's all it takes.
  
  Travis
  
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  Trenton 11 years ago
  
  See I've been studying Network Marketing so much and know so much about it and what it takes to succeed but I know nothing about Affiliate Marketing. I mean it sounds so simple but it's obviously extremely complicated.
  
  If I got started on Affiliate Marketing and created a website I would probably be on page 4000 of google lol.
  
  I don't understand how people would possibly even see my website yet buy products. I could reach out on facebook and what not but I can't understand how you could get traffic to these websites.
  
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  Alexa Smith Banned 11 years ago
  
  Originally Posted by Trenton
  
  See I've been studying Network Marketing so much and know so much about it and what it takes to succeed but I know nothing about Affiliate Marketing.
  
  That takes less than one week's work to correct.
  
  It's hardly a reason to choose something with such incomparably worse odds setting out of the gate, is it?
  
  Originally Posted by Trenton
  
  If I got started on Affiliate Marketing and created a website I would probably be on page 4000 of google lol.
  
  It wouldn't matter if you were on page 400,000, if you decide first to set up an affiliate marketing business that doesn't depend on Google for its traffic.
  
  Originally Posted by Trenton
  
  I can't understand how you could get traffic to these websites.
  
  That's because so far you've learned something about how to do MLM and nothing about how to do affiliate marketing. Your lack of knowledge can easily be corrected. Everything has a learning-curve.
  
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pdxkurt 11 years ago

I would vote for video marketing and list-building. And to be clear, I'd probably use video marketing to build a list for free. That's what works for me anyways.
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Trenton 11 years ago

But if you don't depend on Google for the traffic what else is there? Just to name a few?
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- petelta 11 years ago
  
  Originally Posted by Trenton
  
  But if you don't depend on Google for the traffic what else is there? Just to name a few?
  
  Social Media (facebook, twitter, linkedin, Google+, Foursquare, Instgram, Pinterest, etc)
  Videos (Youtube, Vine, TubeMogule, etc)
  Forums (WF, etc)
  Blogs (create your own, guest post on other popular ones, even do blog commenting)
  Joint Ventures (make 1 good friend and you're set... make 10, and you're rich for life)
  Advertising (banner ads, PPC, televison commercials, radio ads, newspapers, magazine ads, etc)
  Podcasts (iTunes, host a radio show, etc)
  
  Those are just to name a few.
  
  The thing about it guys is a successful business is going to be using Network Marketing... they are going to be using affiliate marketing... they are going to be using product creation... and they are going to be using all the quality traffic sources for that particular niche.
  
  Yes, find that one thing that works for you to start, but DON'T EVER STOP LEARNING THE OTHER STUFF. It can always be applied to your business.
  
  Travis
  
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Trenton 11 years ago

And everyone who has posted thank you so much for the positive feedback.

You're not just helping me with a business you are helping me with my dreams.
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