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is affiliate marketing a pyramid scheme

Is Affiliate Marketing a Pyramid Scheme?

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Is affiliate marketing a pyramid scheme? No, affiliate marketing is not a pyramid scheme rather a legitimate way to earn money online. To understand it better, let’s know the difference affiliate marketing and pyramid scheme.

What is Affiliate Marketing?

Affiliate marketing can be simply defined as the type of marketing which lets you sell other people’s products or services and get commissions in return for each sale you make. This is the simple definition of what affiliate marketing is.

In affiliate marketing, there is nothing like multi level marketing because you only get paid a commission whenever you make a sale and it’s always free to join.

what is affiliate marketing

Now that you already have a clear idea on what affiliate business is, let’s also know what a pyramid system is.

What Is a Pyramid Scheme?

A pyramid scheme is a kind of multilevel marketing where each paying participant recruits other people and the money paid by the new participants will be used to settle the early participants. People who join later always lose out and never get any payment.

is affiliate marketing a pyramid scheme

What Is The Difference Between Affiliate Marketing And Pyramid Scheme?

Affiliate marketing is a legit way to make money online and does not require money to join while a pyramid scheme is an illegal way to make money and always require money to join.

 

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In affiliate marketing, you only get paid a commission when you make a sale while on a pyramid scheme, you need to recruit people to make money.

 

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There is no loss in affiliate marketing because it’s a good online business while in a pyramid scheme, the people who join later always lose their money.

Is Affiliate Marketing A Mlm?

No, affiliate marketing is not a mlm, it’s a type of marketing where you get paid a commission by selling other people’s product. You can only get paid when a sale happens and does not require you to recruit anybody.

If you’re still asking this question, “is affiliate marketing multi level marketing”, kindly know that affiliate marketing is not multi level marketing.

Also read: How to make money from information marketing in Nigeria

Is High Ticket Affiliate Marketing A Pyramid Scheme?

No, it is not, its same thing as affiliate marketing. High ticket affiliate marketing is the affiliate marketing that pays huge affiliate commission.

Also read: Is affiliate marketing hard

Also read: The most profitable online business to make $1,000 a day

Conclusion: Is Affiliate Marketing A Pyramid Scheme?

From what we’ve explained, it’s clear that affiliate marketing is not a pyramid scheme rather a legal way to make money online. You’ll also find different answers on Quora about this topic.

Affiliate marketing is a profitable business you can start, whether you’re in the United States of America, Canada, Australia, Nigeria, and other countries around the world. People who use the lazy affiliate method tend to make the most amount of money from affiliate marketing business.

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Editorial Staff at Entrepreneurtipsblog is a team of Business experts, we provide best online and offline business ideas. If you want to make money from online business, here are the best online businesses we highly recommend you start today: Blogging and Affiliate Marketing Business. Follow the steps below to get started with each of them: Follow us on Facebook.

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