What are the major advantages and disadvantages of affiliate marketing compared to other online businesses?

Affiliate marketing is better than dropshipping in terms of stress because you don’t handle delivery. But it is worse than freelancing because you are not directly paid for your effort, only for conversions. Sometimes, you work hard and earn nothing.

Advantages: - Low investment. - No product creation. - Can work from anywhere. Disadvantages: - Dependence on third-party programs. - Commissions may change anytime. - High competition.

I like affiliate marketing because it is scalable. Once your content ranks, it can bring income for years. But the big disadvantage is lack of control. If Amazon cuts commission rates, your income drops instantly.