Affiliate marketing has increased in prominence with the internet age. Amazon popularized the practice by creating an affiliate marketing program where websites and bloggers put links to the Amazon page for a product being reviewed or discussed in order to receive advertising fees when a purchase is made. In this sense, affiliate marketing is essentially a pay for performance marketing program where the act of selling a consumer on a product is outsourced across a potentially vast network.
17. Amazon – Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.
Professionally I have been a practicing primary health care provider for just about 30 years. The one thing I will not do as a WA member is review a healthcare-oriented website done by individuals who are not professionals. I recognize the knowledge I have acquired over 40 years is so ingrained in me I’d find it hard to sort out “common” knowledge from “trained” knowledge; hence, I believe my review of their websites would be unfair. Sort of like a judge who has personal knowledge of a matter, reclusing themselves from hearing a case. Now if someone asked me, in my professional status, to critique a healthcare website…that’s a horse of a different color. My educational background makes me very confident in my professional life BUT in the area of website development, not so much.
WA is a decent program. It’s no magic bullet solution for making money online, but it provides members with a simple road map for how to go from zero to making a couple of bucks. For a guy like me, it doesn’t have a lot to offer beyond providing me with some warm fuzzies I get from helping some of the noobs out, but I think for anyone looking for an easy-to-follow means of understanding IM, it could be a good value.
It was a bit of fun fo a while Marcus but I must admit that I got bored with “The Community” and deliberately engineered my ejection from it. The whole process took a matter of minutes after I got into a live chat and dared them to chuck me out. It was then that I had my wrist slapped for disrespecting a so called “Ambassador”. What a joke! I stated that I have no respect for authority in the real world so that little group meant nothing to me and I would say whatever I like. Didn’t take long for one of them to report me to their god and I then got an on screen message to inform me that Admin had revoked my write access. Really did me a favour as I don’t think it would’ve taken long for real insults to start flying. Some of the long term members there seem to be badly infected with the WA bug and have serious delusions of grandeur. I noticed that a lot have psychological problems and other illnesses which prevent them from having a “proper job” and are not shy to share their personal problems with fellow members.
I support bootlegging – I don’t see it as being immoral or unethical in any way. I used to bootleg quite a bit in my youth, and I still do on occasion today (although not yet today in particular, I more meant “in the present”). If you want to hustle for your money, do what you must, baby. Download some software, music, movies, or other assorted digital goodness here and start slangin. It’s not an easy life, but sometimes you gotta do what you gotta do.
As someone who's been immersed in a number of online industries for quite some time, I know a thing or two about what it takes to succeed in this arena. However, just like you, I started at ground zero with little knowledge, but a great deal of passion. What I learned along the way were some invaluable lessons from failure that hurt at the time, but helped immensely in the grand scheme of things.
So, where are we supposed to turn to make money the legitimate way online? This isn't just about generating passive income; this is also about finding ways and means to create an active income through the conveniences afforded to us by the internet that will not only help us with our debt obligations, but also empower us to save, invest and get really rich in the future.
Your WA review is by far the best one I’ve seen and it helped me to decide not to re new either so Thanks! One thing that drove me crazy was that any time I would enter my site dot com I could never reach my site from ANY device ( cell phone or computer) and would simply see an error message. Yet if I clicked on the link to my site from WA’s control panel I’d reach the site. This use to drive me crazy! I had no plug ins on my site and my upline the aforementioned One more cup of Coffee dude said he had no clue and suggested typing /wp-login.php after dot com to see if that would work. I asked why in the world would I have to add /wp-login.php or expect anybody else to do that when going to my site?
Once you have this down, you’ll be a budding Etsy entrepreneur. Provide great quality to your customers, and they’ll often return. Many people are willing to pay a premium for quality handmade designs. Etsy (like EBay and Amazon) takes a cut off the top for selling items through their site. PayPal takes another cut, and you have to be careful with taxes on all income, so be diligent while building your online business.
There are many ways to get people onto your list. Lead magnets are one such resource. For example, you can build ebooks, checklists and cheat sheets. But you can also do content upgrades, such as PDF versions of an article with added resources in them, four-part video training series, and more. Think about your audience and what you can offer them to better serve them, then treat them with some respect and you'll eventually reap the rewards.
28. Subscription – If you think of something valuable (newsletter, online magazine, etc.) that you can consistently offer on a certain basis (weekly, monthly, etc.), you may want to offer a subscription service. This could be a fee charged each time your product is sent out or on a monthly basis. Either way, this has to be something that your customers can only get by subscribing to your website.
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.
There are quite literally hundreds of clever ways to make money online. From taking online surveys, to renting or selling your old clothes, flipping your iPhone to someone in a different country, and even buying low-cost products locally, just to resell them for a higher price on Amazon. There’s truly no shortage of unique ways to make money online.
The learning something new that someone brought up, but it’s a lot to pay for, and most of these people don’t validate anything-oh they made money? Wow, is it consistent, did you work hard at it, promote something other than WA and bait and switch people and what not. Those are behind the scenes, and even if some people have had success, it’s through WA boot camp, and they spend forever doing it. I’m sticking around for more comments to post/pages and a couple other things, but yeah I though about that already. Only time will tell right?
The first follows the startup path we outlined above: You have a disruptive idea for an app or piece of software, you validate the idea with real customers, and then raise money to hire developers or a development studio to build, launch, and scale your software. If you’ve done everything right, your software will be accepted to the Apple and Google Stores and you’ll make money every time someone downloads it or pays for a premium feature.
If you do decide to promote Wealthy Affiliate, there are additional perks. For example, anyone who sells 299 subscriptions from January to December gets invited to the Wealthy Affiliate Super Affiliate Conference. There is no way to get into this conference unless you make 299 sales. Absolutely everything is paid for from the flight to the hotel room to entertainment and AMAZING food. Here’s a quick video I made showing some of the highlights.
Affilorama – While I promoted Affilorama in the past, I no longer do for many reasons. It has simply become too outdated. Affilorama also lacks in some of the training. Instead, they focus on helping you get started quickly by designing a site for you and seeding it with content. Some of the optional training courses they sell are quite expensive and compares to an entire annual membership at Wealthy Affiliate, so that’s why I no longer promote them. Again, they are worth checking out, but I think Wealthy Affiliate is a much better buy.
With that said, I want to fully disclose that I am indeed an affiliate for Wealthy Affiliate. If you click on any of my affiliate links, like this one, I get credit in the event you sign up for a paid membership option. If you do want to sign up for Wealthy Affiliate, clicking on my affiliate link is actually beneficial for you, too. If you sign up after clicking my link, I get notified and we are able to have private 1-on-1 conversations within’ the Wealthy Affiliate community. This is a huge added benefit and all you have to do is use my affiliate link before signing up for your free account.