Blog Post – Week 3: Choosing Between Affiliate Marketing and Drop Shipping
This week, I learned a lot about the key differences between affiliate marketing and drop shipping, and how both models have pros and cons depending on your business goals. Through the readings, videos, and class discussions, I’ve realized that affiliate marketing is a great way to start an online business with low risk. Since the affiliate (me) doesn't handle inventory, shipping, or returns, it’s a much simpler and less stressful option—especially for beginners. This was reinforced in the discussion post we reviewed, where the student pointed out that affiliate marketing saves time and reduces complications.
However, affiliate marketing also comes with smaller profit margins and requires strong digital marketing to succeed. Without steady website traffic, it's hard to make good money. On the other hand, drop shipping offers more control over pricing and potentially more profit, but it involves more work—like handling customer service and returns.
Overall after this week affiliate marketing seems like the way to go. I am leaning a little more that way in my business plan.
First Steps To An Online Business
Getting started in the Business world In today's digital world, the idea of running an online business is both thrilling and challenging. As I begin this journey, one of the important projects I am undertaking this semester is my personal reflection blog. This space will enable me to reflect deeply on my learning experiences and draw connections between the course material and my life. I hope it will also help others who are thinking about starting their own business find some help and mistakes to avoid along their own journey. Understanding Online Business This week has been really challenging for me as I strive to learn something completely out of my wheelhouse. I have always loved the idea of running my own business, but I have avoided it as the thought seems overwhelming. This week's lessons helped me get excited about the potential of actually finding and doing something that works. Using the Google Ad keyword planner app to look up possible ideas and think about their...
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