This sounds like exactly what I am looking for, Tony. Yours is by far the best review of an affiliate opportunity that I have ever read — it has caught my attention and fired me up! I am a published audiobook narrator/independent publisher who writes my own marketing content 🙂 My goal (also with my audiobooks) is to build a strong residual income – and I came across your amazing review of WA through a search I conducted yesterday.
Authors Note: We spend so much on education but earn less than $500 after graduation. I am also a believer that knowledge is power. You need to invest in Financial Education(Wealthy Affiliate, Inbox Blueprint or BuilderAll) that shows you how to make a living. It is not a must to study at Harvard like Mark Zuckerberg the Owner of Facebook to be great!
There are loads of resources for making money online as an affiliate. You could source products from ClickBank, Commission Junction, Rakuten Marketing, Share-a-Sale, Impact Radius and many others. Plus, many of the larger companies have their own affiliate programs as well. Do your due diligence and find the right company with a relevant product or service to your audience that you can sell as an affiliate.
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.
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
Take it seriously. Yes, you’re applying for an online job. Yes, you can do the work in your underwear, but that doesn’t mean it’s not a “real job”. You must treat it as such or they aren’t going to treat you as a serious candidate. You aren’t the only one who wants to work in their underwear. In fact, the competition online is likely higher than it is in your local area.
If you're interested in online marketing, setup email software and create a lead magnet that you can use in your sales funnel. Then, build up that list. It's often said that you can expect to earn about $1 per subscriber per month. If you have a list of 10,000 subscribers, that means you can earn roughly around $10,000 per month. You will need to deliver value and not pitch them on every email, but it is a very achievable goal in a short period.
With that being said, I think that anyone who joins WA with the expectation they will make it big overnight is destined to fail. But, can we hang all of that on WA? Maybe, you don’t recall, but within the early training, the co-founder explains that your success will depend on you completing the training and putting forth the needed effort. I have seen many fall be the wayside because they do not put forth the effort and don’t complete the training. The want to move forward doing things ‘their way’ and they hardly put in any time working to build their business.
Your post is supremely detailed, well delineated and presented in a way that seems legitimate and genuine way to earn financial freedom. I especially like the visual aids you provide with analysis and progress reports. It sounds to me like a soluble manner in which to level up someone’s financial status and I will definitely look further into it and pass the link along. Thank you for dialling in such a well informed post.
Although it has a dynamic and well-designed website, PeerFly has a limited range of offers at any given time (around 8,000). On the upside, it does offer good commission/payout rates, lots of FAQs and educational information, and regular contests and reward programs that can substantially increase your bottom line. Based on online customer reviews, Peerfly enjoys a very high reputation amongst participating affiliates.
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.
While these models have diminished in mature e-commerce and online advertising markets they are still prevalent in some more nascent industries. China is one example where Affiliate Marketing does not overtly resemble the same model in the West. With many affiliates being paid a flat "Cost Per Day" with some networks offering Cost Per Click or CPM.
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.
Best Forex Partners (BFP) was established in 2011 by a group of international financiers and global online marketing professionals who saw a need to change the nature of affiliate marketing for the better. In a few short years they combined their over 60 years of combined financial and marketing experience to create a new way to affiliate market and have never looked back!
And the one thing that used to really annoy me when I was a member of WA is that we would often get told that making money should not be the main goal. Not the main goal? The website has the word WEALTHY in it for f***’s sake! Saying that your #1 goal should not be to get rich is like telling a member of a weight loss club that their main goal should not be to lose weight!
Cookie stuffing involves placing an affiliate tracking cookie on a website visitor's computer without their knowledge, which will then generate revenue for the person doing the cookie stuffing. This not only generates fraudulent affiliate sales but also has the potential to overwrite other affiliates' cookies, essentially stealing their legitimately earned commissions.
One of the reasons I like Wealthy Affiliate is because it enables me to provide this blog for free to people, but also be able to sell a genuinely high-quality product that I know is always updated and provides a better service than I ever could. Plus, when people sign up using my affiliate link, I can still provide one-on-one coaching and support as a way to add value and as a “thank you” for signing up using my link. Wealthy Affiliate truly is a win-win-win setup.
Become an Amazon Associate and then use Keyword planner to find an in-demand niche: With more than a million different products to choose from and up to 10% commission the sales you drive, Amazon’s affiliate program is a great place to get started. Browse their available products and see what connects with you. Or take it a step further and use Google’s Keyword Planner to quickly check how many people are searching for a specific term. With affiliate marketing, the more relevant traffic you can pull in, the more you’ll make off your site.