First of all lets see the difference between Google AdSense and affiliate marketing
Google's AdSense :
program pays affiliates per click. This can be problematic if you are trying to build traffic through search engines using content like this. If your visitors don't have a high enough intent level in order to convert they could end up clicking away from your site instead of converting on your offer. In addition to that, the quality score system of AdSense is not something we would advise promoting for any type of content. High-quality websites like HubPages depend on their Google adsense income and do NOT post low-quality articles just to get clicks. While low-quality sites use these types of article marketing tactics, they generally do so for low-intent users who want free information. However, you should note that Google does not charge any fees for running ads on other people's websites. You simply receive revenue when someone clicks your adverts. Since Google receives its revenue from the advertisers, you also receive a cut of that fee. This means that, while you might lose money on some pages, those same pages could generate significant revenue somewhere else down the line.
Affiliate Programs :
it's a form of marketing where others earn commissions based on sales generated through links clicked on their website. This could be a link from a blog that brings in traffic, a banner ad on someone else's site, etc. Many affiliate programs offer rewards like free products to people who sign up and make a purchase, or they may offer prizes (like Amazon gift cards) to those who refer new customers. Some programs have no fees – only commission paid on successful sales. Other affiliate programs charge monthly subscription fees. A word of caution here: Make sure your affiliate program offers something exclusive if you want to be able to promote it! If it's just some special deals that anyone can get, then your affiliates won't feel motivated to share it.
Now Lets See The Pros And Cons of Google Adsense Vs Affiliate Marketing :
Google Adsense Pros :
1. Google AdSense helps people generate passive income from their websites and blogs.
2. Google Adsense is free advertising that doesn't require users to spend money upfront.
3. This program supports webmasters who want to make money online without the hassle of paying for traffic.
Google Adsense Cons :
1. Advertisers can view your content and take full control over what they want to show on their site. They decide if they want to display text ads, banners, or links. You can allow them to use your images instead of their own. If they are interested, they simply fill out a form after clicking on your ad.
2. The money that you are making goes straight into your pocket. There is no middle man who takes his cut like other networks do.
3. You have complete control over how much you earn per click. Since it's based on your traffic, the earning potential is unlimited.
4. Your earnings are directly related to your clicks; therefore, your income increases only when people visit your website. This means your income isn't dependent on any third party sites.
5. Payments go through direct deposit without delay. Once you get paid, it comes right into your account from the bank.
Affiliate Marketing Pros :
1. You don't need to buy inventory before hand like other forms of advertising do, you simply start promoting and getting traffic to your site.
2. You get paid for each sale you make. This takes time but it's not instant gratification.
3. You don't even really need a website for this business. You can just place banner ads on blogs and post links on forums.
Affiliate Marketing Cons :
1. Affiliate Marketing is not easy
The hardest part about Network marketing is that the success rate is low. Because your competition are already established, the market is saturated, and people have tried other things before. So if you can stand out from the crowd, then you might just be successful, but if you’re looking for a sure thing, forget about it! You need to work hard to get into this business. There’s no “magic bullet” that you can take advantage of. And without any money or experience, the odds of succeeding are stacked against you.
2. No Money to Start
Affiliate marketing requires a lot of investment. In fact, it’s a lot like starting a small business. You need to buy inventory, pay employees and much more. If you don’t have the capital or the time to invest in network marketing, then I suggest finding something else. Otherwise, you could find yourself sinking money into a business, that doesn’t even make any profit.
3. Too Much Competition
Network Marketing is really tough. Because anyone who has ever done anything in life knows that the best way to succeed is to join a large group. But in affiliate marketing, there are too many groups competing against each other. This means you have to compete with hundreds of others trying to sell their products. How are you going to be able to stand out?
So Now The final Question Affiliate Marketing - Is better then Google Adsense?
"THIS IS MY OPINION"
The definition of affiliate marketing has changed over time. There are no hard set rules. In the past affiliates were rewarded based upon the amount of money they brought into a company. If I had been doing this back in the day, I would have been out of business. The internet has opened up a lot of possibilities and options for people who want to make money online. Affiliate marketing is one of them. Not only does affiliate marketing let you earn commissions without selling your own products but it can also help you build a website from the ground up.
I am not going to lie, I was skeptical about this approach at first. But recently after using it myself, I see that it works.
You are basically sharing other peoples product information along with their affiliate link. And if someone buys something through your affiliate link, you get paid. This is done either via pay per click (PPC) or paid inclusion programs. You never know how much you might earn until you actually try.
Affiliate marketing companies like Commission Junction use cookies and tracking pixels to track what pages you go to while browsing. They automatically create a report of your site activity and deliver it to you each month. All you need to do is sign up with CJ and start earning.