Needless to say, I was blown away pretty quickly. Even by signing up for their free membership option, it was very apparent that Wealthy Affiliate does things differently. The community, recorded training, live ongoing weekly training sessions, live chat and support options, and business-like approach for beginners to pros alike really blew my mind.
One thing I didn’t like is that they give no guidance as to what constitutes a good niche. They imply, if they don’t say it outright, that you can make money out of any niche, you just have to choose one you’re passionate about and money will necessarily follow. I wholeheartedly disagree. Let’s take an example. If I’m passionate about, say, jigsaw puzzles, does that make them a good niche? Sure, there are such products sold on the net and probably you can earn commissions from them, but 1) this is the sort of things people will more likely buy at brick and mortar stores, 2) most of them are not expensive enough to make significant commissions from them, and 3) most importantly, if, as they say, you must first give value and help people, how can you write tens of posts that will “help” people about jigsaw puzzles? I for one would run out of ideas before having used all fingers of one hand. And that’s also why I disagree with their suggestion to select very narrow niches. One can only write so much about so little.
Yes, you have to have something bought from you in order to get paid, but as an affiliate marketer, you are more of a middleman than a seller. Like a car salesman if anything. I’d say the entire world of affiliate marketing is a bit of a grey area because of the profits that are involved. Because I feel like affiliate marketers may be more like advertisers trying to sell you a product many times rather than actually give an honest outlook on a product and anything wrong with it. Not telling the entire truth
I’ve been looking all over for a truthful review on WA and you are the only one thus far being totally honest. Everyone is rating it so good because they are members and promoters of WA where they will get a commission if I join. I never join but did the level 1 course and I myself knows its not easy to build a site, get traffic and ranking far more for revenue. My problem with them was their monthly/annual fee. I find it a bit too high and after 1 year if I had subscribe, I don’t think I would have generated revenue to match the annual fee. Many other issue I came across that were similar to what you mention. Thanks alot.
Solo Build It – As I stated earlier in this Wealthy Affiliate review, I initially learned how to start my own business with this service. Solo Build It is somewhat similar to Wealthy Affiliate as far as the training is concerned, but Solo Build It but I believe the training at Solo Build It is far superior. My favorite part about Solo Build It, however, is that they offer absolutely EVERYTHING you’ll ever need to grow your business online including domain registration, an intuitive site builder, research tools, hosting, and all the other tools you need are in one place with training on how to put it all together. You can learn a lot more about them by going through their video tour.
Kanayo, You made the smart decision. IM is incredibly labor intensive and if you can’t conceivably devote the time and energy required, it’s not worth pursuing. I arrived at a similar conclusion once my agency business grew to a point where I had to choose one path or the other. For me, as it was for you, the choice was easy. At the end of the day, I feel much more fulfilled when I’m helping others rather than simply making money.
There’s also the fact that Wealthy Affiliate is not and never claims to be a get-rich-quick strategy. You will learn how to build a real, legitimate online business and one that can earn you some serious cash, but just like any other business, it is going to take a lot of time, effort, patience, and support along the way. If you have realistic expectations, are willing to learn from those who have succeeded before you, and you’re willing to put at least 6 months into your business before you see any profits at all, then Wealthy Affiliate is a good place for you.
The more online clout you have as a business, the more money you’ll make. If you’re known for making lasting connections (as is the case with GetVoiP above), then you’ll have no issues building your online brand. You’ll be recognized in your community and begin to build a buzz in your industry. Tracking your numbers (how many people view your site, click each ad, and make a purchase from that click) gives you the leverage to expand this part of your business, enabling you to continue building your online rep.
Well I couldn’t have put it better myself! I joined as a free member several months ago and fortunately didn’t get brainwashed into going premium. The “community” is full of hopefuls who just part with their money which they probably get from a regular job. They are all under the impression that the founders of WA are some kind of gods or heroes. I have been robbed off by one of them with a lame reply which told me they don’t use cpanel because it’s outdated and their platform is state of the art. I didn’t even bother to ask why as I suspected it was just an excuse.
Affiliate marketing is an ideal solution for those looking to gain control of their own income by focusing on performance-based revenue options. Working in tandem with a seller, a motivated affiliate marketer will be able to achieve a passive income from the comfort of their home without worrying about producing their own product or service. Although the success of the job does depend on the affiliate’s marketing skills, it can prove to be an effective way to meet your income goals as either a primary career or a profitable second job.
Yes, there is a lot to learn. I personally, have been willing to learn and do a lot of research in addition to the courses in WA to gain better understanding of things. I do that because I have the determination to not quit. I have been a member since 2015 and no, I have not had any earnings. However, I also recognize that I still have a lot of work to do and my inability to get some things completed sometimes can keep me from moving forward (like promoting via social media). But, I’m working on my own schedule going at my own pace and that is okay with me.
Online savings accounts usually come with substantially higher interest rates to help you grow your money faster (regular in-person banks can’t offer rates as high). Banks like CIT Bank and Discover Bank (among other top players in the industry) are great because their interest rates are often over 20 times higher than the national average. That means the money in your savings account will grow 20 times faster than the pace it’s most likely growing at now.
As for where I made the pyramid scheme analysis, it may be stretching it a bit far, but Investopedia says it well, “If the recruit gets 10 more people to invest, he or she will make a profit with just a small investment.” Sound a lot like getting a person to join Wealthy Affiliate, though I’d be fine if it was just a product and nothing else. Sure it may offer all of those resources like keyword research and hosting, but that’s just the bread of a hamburger, meaning the true “meat” of the program is the fact that it teaches you how to build an online “business” in which you are an affiliate for certain products. May even be a bit like MLM, but instead of the participants who recently joined receiving a smaller percentage of the money in which they got others to join (WA gives half, I’ll recognize that), they will still struggle in the end trying to build a website and generate traffics to have products bought through them in such a saturated market. Such reality cannot be downplayed in a review for Wealthy Affiliate.
If that sounds like too much technical information for you, there is an easy button – Google’s advertising platform is as simple as signing up, enabling (on Blogger) or pasting a small code on your website, and allowing the advertisements to automatically roll in. The problem with this program is that you don’t get any commissions – and you don’t get to control the ad content. This is useful for some, but powerful users will want something a little more robust.
In February 2000, Amazon announced that it had been granted a patent on components of an affiliate program. The patent application was submitted in June 1997, which predates most affiliate programs, but not PC Flowers & Gifts.com (October 1994), AutoWeb.com (October 1995), Kbkids.com/BrainPlay.com (January 1996), EPage (April 1996), and several others.
Bullseye Brian and I’m happy that you were entertained for a while. Looks like the “Ambassador” put a stop to my little experiment. However it confirmed my suspicions that you don’t need an IQ of 130 to be a member of WA. I would’ve thought that most people would recognize a name like HughJarse as a potential troll and leave well alone. However it seems to make no difference with that lot as they all appear to be brainwashed by the cult of “Wealthy Affiliate”. It looks very similar to most religion which I suspect maybe the key to their success.
Next, you’ll need the right tools. You can be as complicated or simple as you want depending on your comfort with audio equipment, but at the minimum you’ll want a microphone and software for recording your voice. Companies like Behringer, Blue, Focusrite, and others sell studio-quality plug-and-play podcast setups that can get you recording today.
This is the standard affiliate marketing structure. In this program, the merchant pays the affiliate a percentage of the sale price of the product after the consumer purchases the product as a result of the affiliate’s marketing strategies. In other words, the affiliate must actually get the investor to invest in the product before they are compensated.
My advice would be to take the money you would spend on WA and invest it in Treehouse. They offer very high-value information across a broad range of topics, from deep dive programming tracks to SEO, plus the community experience there is so much more rewarding. The knowledge and skills you would gain from a Treehouse membership would be worth infinitely more than what you could possibly get out of WA.
I am interested in promoting member-to-member opportunities. Not affiliate marketing. I have a website that generates leads each time I place ads. I pay for these ads. Does WA show how to generate traffic to other types of sites such as member-to-member sites? Many affiliate opportunities I have seen only offer $19 to perhaps $80 per sale. Member-to-member opportunities earn $250 – $1,000 per sale. Since it is just as easy to make a $19 sale as it is to make a $1,000 sale, I prefer to get paid $1,000 instead of $19 or so. My capture page is below. I am looking to generate leads at a lower cost. Thank you.
High-ticket consulting or coaching: You could sell your own high-ticket consulting or coaching products from your website. You'll still need a website, merchant account, sales funnel, lead magnet and many other items. But you can easily earn a substantial amount of money from each individual customer, making it well worth the arduous setup required.
Here are some additional pictures from the conference. This first picture is from the Wynn Hotel. Kyle and Carson, the owners of Wealthy Affiliate, rented out an incredible 2 story suite for us to party in. They had top shelf drinks, entertainment, mouth-watering food, and we were simply treated like ballers. Networking and making connections with these other successful affiliate marketers was invaluable.