Is Affiliate Marketing A Pyramid Scheme

Is affiliate marketing a pyramid scheme.

Is affiliate marketing a pyramid scheme. Is affiliate marketing a pyramid scheme. What is a pyramid scheme. Even if you ve never considered being a marketer previously you can discover the ad biz faster than possibly any other approach of digital marketing that s out there. For whatever reason people are looking for alternative ways of earning money whether it is because they are tired of the daily commute to and from work or they are stuck in a job that they hate but stay because the income is needed and people need to supplement their income.

Is affiliate marketing a pyramid scheme. Affiliate marketing however is where an individual or business earns a commission or payment for referring a customer and helping to generate a sale. Other than about making money affiliate marketing and pyramid schemes have absolutely nothing in common but unfortunately some people have been so shocked at the high profile pyramid scams that they put anything to do with making money online in the same bucket. Affiliate marketing and pyramid schemes.

An offer is then made that person b can make money selling this product as well. What is affiliate marketing. Related affiliate marketing tips. Affiliate marketing is an internet based marketing concept where the person joins companies for free to promote their products services in exchange for commissions.

For all sales made by person b there will be a commission earned on the sale. However many multi level companies and schemes pretend to be affiliate marketing companies to get more sales and target a more motivated audience. Affiliate marketing is not a pyramid scheme. For example there are programs whereby you need to pay money in order to have any access to an affiliate program and then you need to merely sell the product you just purchased in order to make money.

All you require is an excellent product to market somebody to pay you to market it and a place to place your ads. A pyramid scheme begins when a single business transaction between two people. There aren t as similar as one would think the only trait that is applicable in both business models is the commission or sales pay structure. While affiliate marketing does share some commonalities that can be easily misinterpreted as the same thing as a pyramid scheme.

There are some affiliate marketing scams out there that could be more comparable to pyramid schemes. Pyramid schemes work by recruiting people with the promise of future payments who in turn will enroll others into the scheme with the same promises. So there is some confusion to many people about the differences between these business models.