Concluding that affiliate marketing is not a pyramid scheme doesn't mean they don't exist. It's crucial to stay vigilant.
According to the Federal Trade Commission, the 4 most important signs of a pyramid scheme are:
1 Sign: Promoters make exaggerated claims about your mobile no data potential earnings. These claims are misleading and untrue.
2 Sign: Promoters suggest that recruiting new distributors for your network is the main way to earn money. In a legitimate MLM program, you should be able to profit just by selling the product.
3 Sign: Promoters employ emotional manipulation or high-pressure tactics, warning you that you'll miss out if you don't act immediately and discouraging you from investigating the company. Avoid any company that pressures you to join.
4 Sign: Distributors purchase more products than they need or can sell simply to remain active or qualify for bonuses or rewards. If you notice this, don't invest your money because you won't get it back.
More common myths about affiliate marketing
1 Myth: It's easy money
Reality: Affiliate marketing can be an excellent source of passive income, but it's easier said than done.
It requires significant upfront effort in creating content, building and engaging your audience, building your authority and reputation, and promoting products according to your affiliate marketing strategy.
Money comes from consistent effort and strategic planning, not quick gains.
2 Myth: You need a huge audience to succeed
