Dropshipping Dropshipping is a business model in which an online retailer (the dropshipper) doesn't keep products in stock but instead transfers customer orders and shipment details to the manufacturer, supplier, or wholesaler (the dropship supplier). The dropship supplier then directly ships the products to the customer. Here's how dropshipping typically works: 1] The dropshipper sets up an online store, often using an e-commerce platform or a website builder. 2] The dropshipper selects and lists products from various suppliers or wholesalers in their store, without actually purchasing the items in advance. 3] When a customer places an...
Affiliate Marketing Affiliate marketing is a type of performance-based marketing where individuals or businesses, known as affiliates, earn a commission for promoting and driving sales or leads to another company's products or services. It's a mutually beneficial arrangement where affiliates earn a commission for each successful referral they make, while the company selling the products or services benefits from increased sales and exposure. Here's how affiliate marketing typically works: Affiliate joins a program: Affiliates sign up for an affiliate program offered by a company or an affiliate network. These programs provide affiliates with unique tracking links or affiliate IDs to identify their referrals. Affiliate promotes products or services: Affiliates promote the company's products or services through various channels, such as websites, blogs...