30 September 2023

This week's lessons were all about finding distributors and manufacturers and learning about affiliate marketing and drop shipping. I also learned the importance of comparing different ideas and suppliers by quantifying and comparing them on a spreadsheet.

Finding a wholesaler isn't much of a problem. Finding the right wholesaler for you and your business is imperative. Price, dependability, and product quality are all factors to consider when comparing different suppliers.

Evaluating different business ideas is similar to finding a wholesaler. You need to compare the pros and cons of each and find the right fit for your background, goals, and interests. Drop shipping might be a perfect fit for someone who wants to sell a particular product or make it their own with a personal brand. Affiliate marketing is great for someone with an established online presence with many followers. They already have an audience to link to other businesses and products. I realize that you aren't limited to one or the other. You can incorporate both models into your online income stream.

I was surprised again this week with how many options and products are available to market in an online business. Hard work, patience, and determination are the most important factors when starting and maintaining a successful online business.