9min. read
And you can't blame them. Pyramid schemes are illegal, and people lose a lot of money they never get back.
By money, we are talking billions. In just one year, Americans mobiel nummer australië whatsapp lost over $11 billion to pyramid schemes, hacks, and exploits (in 2022).
If you wonder whether affiliate marketing is legit or if it's a scam, this article is for you. We will answer the anticipated question, "Is affiliate marketing a pyramid scheme?"
We will also break down the most popular myths about affiliate business so you know what's true and false in this growing industry.
Is affiliate marketing a pyramid scheme?
The short answer is no. Affiliate marketing is not a pyramid scheme.
In order to prove it, we analyzed the key differences between how affiliate marketing works and how the pyramid scheme functions.
Here are the most important differences between the two:
1. Product-based revenue
In affiliate marketing, the primary focus is on selling current products or services. Affiliates earn commissions based on the sales they generate or specific actions like leads or sign-ups. For example, in Amazon Associates, affiliates earn a percentage of sales from products they promote on their blogs or social media.
