I am a HUGE fan of the “freemium” business model. Wealthy Affiliate follows that model by offering a free membership account. The free membership gives you limited access in the Wealthy Affiliate dashboard. Some of your access lasts forever, such as some of the training videos and community features, while other features only last for a limited time, such as the live chat feature. Here is what you get with the free Wealthy Affiliate Membership:
The best way to think about affiliate marketing is quality over quantity. There are a lot of small websites that will promote your product, but the key is finding a small number of partners that will deliver conversions. For example, an equity management services firm has over 20,000 affiliates in its system, but only about 25 affiliates generate 85 percent of revenue.
Like talking to people and helping walk them through problems? You can bring in extra income as a contract customer support superstar for companies all over the world. Due to the 24/7 nature of online businesses, companies are looking for people in different time zones to help deal with issues that their users are having. Better yet, if you have experience in service or retail you’ll be perfectly suited. Check out indeed or the other remote job boards I listed earlier to find opportunities.
So…as is my wont I didn’t wait for a reply but went ahead and started steps to cancel my WA membership/transfer my domain and content and strike out on my own. I am truly a “babe in the woods” (aka st0000pid!) but am determined to figure out how to slay this internet monster or at least subjugate and force it into submission for my own benefit. (Personally I prefer to kill
Sign up for a reputable affiliate network: Aside from Amazon, there are dozens of large reputable affiliate networks, such as Share-A-Sale, Clickbank, and Skimlinks, that specialize in connecting you with merchants who are looking for affiliates to sell their products. They charge relatively low commission fees for the privilege of connecting you with merchants, and the merchants on these sites tend to offer much higher commission percentages or set dollar amount payouts.
Selling graphic T-shirts is big business. Customized T-shirts with clever sayings or graphics are ideal for online sales. Sites like Teespring allow you to sell customer shirts. Teespring’s unique model allows you to design the shirt and get buyers lined up to purchase it. This saves you from the initial investment in stock and the time on processing and shipping orders, though you’ll likely make a smaller profit on each shirt sold.
If you’ve got experience and expertise in a specific area of business, there are hundreds if not thousands of business owners who would love to jump on a phone call and pick your brain. This can be an easy way to make extra money online and to hone your skills to use in your consulting or freelance business. Sites like Clarity.fm let you create a profile where entrepreneurs and business owners can pre-pay to book a phone call with you for a set amount of time. Whether you’re an expert in raising money for startups, building apps, or running a restaurant, you can make extra money selling a few minutes of your time to people in need.
Thank you very much, Craig, for this review! It is very honest- one of the best reviews of WA I’ve ever seen! I am also a member of WA for more then a year and I’m promoting WA on my site and I have only one premium member there- WA has become only a cost and burden for me. What do you recommend me to do with my site on which I’m promoting WA because it doesn’t bring me the money?
It is going to take you weeks and weeks of online training, loads of content creation and endless tinkering before you’ll have a legitimate web presence. You may think your website is great and you’ll be proud of the fact that you did it yourself, but I’m telling you…to build a competitive and professional web presence requires a great deal of experience and/or resources.
Hi Craig, I like your review, it’s very honest. I have some questions because it seems that you are the right person to answer those questions. I would like to start using Wealthy Affiliate because I’m young (16 years) and I’d like to have some money later because I will need it. How much time specifically do I have to spend using WA for getting my first $150 and $200 a month? My age helps me to know that WA is not totally necessary now, but this is an opportunity to have some extra bucks and be prepared in the future doing something that I love. I’ve searched a lot and it seems that WA is the only program with most chances of getting money and it’s free. That’s why I’m interested in this. In 2 years will I be able to make like $500 a month? I will dedicate time to this because that’s what I have right now.
There is serious competition in the affiliate marketing sphere. You’ll want to make sure you stay on top of any new trends to ensure you remain competitive. Additionally, you’ll likely be able to benefit from at least a few of the new marketing techniques that are constantly being created. Be sure you’re keeping up to date on all these new strategies to guarantee that your conversion rates, and therefore revenue, will be as high as possible.
But, I think the return on your investment has a lot to do with each individual. It takes some people 6 months to earn, some a year and some 2 or more years. There are many variables that can come into play as to why a person is not seeing any earnings and they all can’t to put on the shoulders of WA. WA provides what you need to get the business started, but the effort one puts into to getting a business where it needs to be must come from the individual. Like they say, “You can lead a horse to water, but you can’t make him drink!”
Not necessarily, but a blog is really the best promotional tool. With that said, you can always use methods such as PPC or advertising to promote a product. This is another popular method to grow in affiliate marketing. For me, the best way to make the most out of affiliate marketing opportunities is to have a blog. Learn how to start a blog here.
People are turning to audio and visuals when it comes to technical subjects. However, you should consider doing an ebook first and turning it into an audiobook through a resource like Audible's ACX platform. You can hire a producer either through a royalty share program, so you don't have to shell out upfront cash, or you can do a pay-per-hour hire as well.
Wealthy affiliate sucks. The free membership for 7 days is no where enough time to get your head around everything they provide you, 14 days would have been better. After this you only get access to level 1 training that teaches you hardy anything, to learn the rest they charge 50 dollars per level! A complete rip off. If you go premium they charge 49 dollars per month! Pure extortion. If you want to comment or ask questions you can’t unless you go premium! Any what would be your advice to getting into affiliate marketing? The steps. Any ideas. Thanks
Set up the site. Choose a website building platform, such as WordPress, Joomla or Drupal. Next, choose a domain name and web hosting for your site. The domain name is your web address. Web hosting is a service that connects your site to the internet. Once you have your domain name and web hosting, go to the control panel of your hosting account and install your website platform. Design your website by choosing and installing a theme.
Good to hear from you man. I couldn’t agree any more, continuous writing and not being rewarded for it in the ways you want can be very disappointing. I’ve never heard of Textbroker until now, I’ll make sure to give them a look, I’m glad you brought that up. Yeah, I was reading through a couple of your comments in this article and it sounds like WA had that direct linking system back when they were starting out, and then grew into blogging. Those are the two systems of affiliate marketing-one for direct linking and doing as many niches as you’d like, while the other WA claims is a “long term business” to stick to one niche and build out your links through articles, reviews, etc. Great points, WA does make it seem like you didn’t try hard enough to breach your success, and the same goes for the people there…
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The problem with WA is… they don’t put their members through any sort of review process before they let them set off into the world of internet marketing. Sure, they do provide the resources and coaching needed to make it in IM, but they also do a good job of making it sound so easy. I feel like a lot of folks sign up thinking it’s going to be a convenient way to generate income once they know how to post a blog, install a few plugins in WordPress, and get their affiliate links added.
19. eBay – Of course you can’t read an article about making money online that doesn’t mention eBay. You can start an eBay store and get serious about it or you can just sell some stuff to declutter your home. Either way, I’ve made my fair share from selling on eBay and it’s still a popular way to earn money. If you decide to start an actual eBay store, you’ll want to find a drop-ship business like Doba that will store and ship items straight to your customers so you don’t have to deal with an inventory.