[00:02] businesses you can start from home, and in both businesses, you do n't need to keep stock. In today's video, I'm going to talk to you about these five shopping strategies. I'll give you the full details and, initially,
[00:15] explain how you can start from home. And starting tomorrow, the business will be more suitable for you. So, first, we'll talk about the business model. So, first, the affiliate marketing business model. Look at what happens in the market right now. You have to
[00:27] choose a product or service, and then market that product. When an order comes in, the customer will go directly to the product owner's website and order the product. The product
[00:39] owner will deliver the product to the customer. You don't have to deal with any hassles in between. You have no responsibility. You just have to market the flat. When the product sells, you'll receive a commission. The commission is between a minimum of five and a maximum of
[00:51] 70 percent. So, you can earn that much money by doing affiliate marketing from home. Look, the condition also depends on the product. If you sell software tools etc., that is, if you affiliate with it, then your commission can be up
[01:03] to 70%. If you less, so the commission depends on your product. If I talk about drop shipping, then in drop shipping you cannot sell this service. In that,
[01:17] you will only get the base of the physical product, but for that you will have to find its wholesaler, and after that, after taking the details of its product, you have to list it on your online website, and after that, you have to market it,
[01:31] and whenever an order comes, you have to take the product from the wholesaler and send it to the customer, or you can directly tell the wholesalers to send the product themselves. not need to keep any inventory with you, but see, in the option, you decide
[01:45] said in affiliate marketing, you have to take from five to  You get a commission of 70%, but here you decide the price of the product yourself. Here, the price of this product is ₹300, you can discuss that product for ₹1000 also and in between you
[02:00] can reduce it to ₹700, so in the option, you decide your price yourself. But see, there is a lot of difference between affiliate and so let us discuss a little about it, so what is the difference between drop shipping and first thing is investment, friends, see, affiliate
[02:16] marketing does not require any investment at all, now you can start with zero investment, that is, you can promote it on YouTube, you you will get commission from there or
[02:29] if I talk about drop shipping, then see, in drop shipping, you have to build a website, and at the same time, if any order comes, then you have to first contact the wholesaler.  You will have to pay the send the product to your customer.
[02:42] very high, and if you do marketing as well, then that will also cost you a lot. So the investment is less in affiliate marketing and very high in dropshipping. Second is responsibility. Now see what happens in an inflated market.
[02:55] You just share the link, people click on the link and go to the owner's website and buy the product from his website. So, you have no responsibility in between. If there is any issue in the product, then the owner of the product will provide the
[03:07] service. You do not need to interfere at all. But this does not happen in dropshipping. In the option, the customer will come to your website and buy the product from you. So, the entire responsibility is yours. You will deliver the product to them. If there is
[03:20] any defect, then you will have to bring the return as well. You will have to bear its delivery cost also. So, if I talk about responsibility, it is less in marketing and very high in dropshipping. Third is the profit margin. Now see, my upgrade marketing is
[03:32] very low.  The profit margin is less in some, from 70 to 100 percent in some, but the owner of the product can increase or decrease the percentage at any time, it is not in your hands, but in dropshipping you fix your own profit margin, so
[03:45] very high in drop shipping and a little less in the refrigerator market, the problem is that friends, brand, if you do affiliate marketing, then your brand cannot be created there, that is, if someone comes to the website the day after tomorrow, then it will not be your website, the
[03:58] website which is selling the product will belong to the owner, so the branding will also be his, so this business cannot run for long term, but if I talk about drop shipping, then it will be on your website and you will have a branding, so if you want to scale the business, then this
[04:11] business is good for you, so we have understood the difference between affiliate and dropshipping, but let me for whom is affiliate best, so friends, if you do business or you are a student and you want to earn money by doing some work part time, then affiliate
[04:25] look, you don't have to take responsibility here, you just have to acquire knowledge of the product and share it, where you neither have to list nor send new products, nor do much marketing, meaning you get good profit with less effort. So if you
[04:38] are a student or you want to do it with a part-time job, then marketing is best for you. good for that too. I will tell you that if you want to start a business with less money and run it for a very long time and gradually scale it, then
[04:52] dropshipping is the best for you. If I talk about amazon.com, then amazon.com was also a dropshipping website earlier, it used to list books and when an order came, it used to send it to its customers. So Amazon also started with Trofilin and today
[05:05] business Amazon has become, so if you want to do long term business and scale the business, then dropshipping is the best for you. And now the question has come that brother, if we start, then how should we do it? So first of all let's talk about How do we start affiliate marketing,
[05:18] I show you some websites on the screen, so first you have to go in and open your account, after that you have to do this product thing and after that you this product thing and after that you
[05:32] you should first gain knowledge on microwave, after that make an article on it, like if you search in Google, best microwave under 36000, then look there are and if someone buys the product from here, then the owner of the website will
[05:46] get a commission, so you can also make a website from this and you can also make videos on YouTube from your topic and when the video ranks, people will buy after watching the video, then can start applied marketing like this, so if you want to learn affiliate marketing, then
[05:59] I will give the link of all of them in the description or I will give the playing of the entire playlist, learn pamphlet marketing, but if  If you want to start a dropshipping business, then first you will have to get a good brand name. After that, you will have to build a website
[06:13] and then you will have to find wholesalers who will provide you dropshipping services, that is, from where you will get the product at a lower price. Or after that you can sell it. In this thing, you have to keep some things in mind,
[06:26] like the product should be a little unique and the price should be good. The wholesaler will pay you the customer. After that, if the product is not delivered on time, then your image will be spoiled.
[06:38] wholesaler should be good, a little genuine and his speed should be quite fast. By the way, I made a video on dropshipping on how you can start a smartwatch business, so you can watch it. It is a little relevant, so
[06:51] For that, you can watch the adjacent video on how you can start a smartwatch business. So, I hope videos on this method. Subscribe to the channel to watch Millennium in a new video, till then take care of yourself, bye take care