Sourcing the Product

This week I have learned so much about different possible business models for me to use for my online business. I am planning on doing an affiliate business because of the risk and difficulty of starting a drop shipping business. Affiliate businesses are created when networks that sell products from multiple vendors sell through separate businesses (affiliates), and those affiliates get a commission from each sale routed through their website. All I will need to do is set up a website that is good enough to generate sales and then set up a relationship with a company that sells the product that I want to sell. This will also give me an inside view into the industry of whatever product  choose to sell. So, if I want to move into another business model later, I will know some of the basics that I need to be successful in that industry. I am excited about the opportunity that I will have to start this affiliate business and learn from the experience!

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