.
An affiliate vs Franchise vs Reseller.
An affiliate
Affiliate programs are a great way to make an extra income. You get paid for referrals via links.
Some affiliate programs pay a recurring commission but most pay a one-time commission.
Franchise
A franchise fee can be anywhere from $10,000 to over a million.
Than you have additional monthly fees and expenses.
Plus everything that comes from having a physical location.
The average profit margin is between 8 and 15%.
Reseller
As a reseller, you get to resell the provider's product or service with higher
profit margins under your own brand.
Your monthly expenses is very minimal compared to a franchise.
No employees, vendors or supply chain to deal with.
With web hosting, you can set your business on auto pilot
or manage it from anywhere in the world.
As an affiliate there are no fees to join while a franchise and a wholesaler does have an upfront or set-up fee.
Affiliate programs don't have a monthly cost but the franchise and wholesaler program does.
But the wholesaler program upfront cost is much, much lower than a franchise
because they don't have inventory or physical locations to deal with.
It's 100% online business.