I agree with EVERY WORD you say here. Having been a member of WA who was acttively trying to mentor new members I discovered that WA mentorship actually does not exist. Not one person who I asked at WA knew who their mentor was, let alone got ANY help from them. Whenever I contacted my up line mentor the reply I always got was the standard reply as above.
Often times Affiliate Marketing is Over-Hyped: You’ll see a lot of testimonials promising spectacular results with affiliate marketing, such as “person X made $60,000 in just 30 days as a brand new affiliate” & there’s many similar messaging like this that unfortunately give affiliate marketing the wrong perception, that its some sort of get rich quick scheme, which it is far from. This kind of insanely fast results most likely came from a successful Facebook ad or other successful paid aid. Sometimes due to multitude of factors an ad can just take off and generate high revenues for short period & then burn out. The difficulty is being able to sustain those kind of numbers consistently. FB for one doesn’t like most affilaite offers to be promoted, so eventually your FB ad account will get banned or your ad will burn through its audience and stop working. I know this because I’ve been there done that. Those massive pay days are fun but the real challenge is can you sustain it?
Their policies are strict. Be sure to read through Amazon’s affiliate program policies very carefully. Any violation of their policies is grounds for account suspension--something which could be devastating if you build an entire website or store around affiliate links. Amazon has also been known to suspend accounts without any prior notice, so tread carefully.
“A pyramid scheme (commonly known as pyramid scams) is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.”
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The audiobook industry is booming, yet only 5% of books ever get made into audio format. If you’ve got a background in acting, or if people have said you’ve got a voice made for the radio, you can make extra money recording audio versions of independent and popular books. Sites like ACX connect authors with audiobook performers. So, whether you’re an author looking for more ways to sell your book, or an actor/voice actor looking to make some extra income, you can sell your services online.
It seams that owning a membership site is the best policy for making any real money online ,this way you are more or less guaranteed a monthly and even an annual income. All of the top people in affiliate marketing have used this method, and are getting quite rich using it. These people did not get rich by merely applying the affiliate marketing strategy that they are offering to their members, which shows that you will not get rich by what they are offering to you.
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.
I recognize that the list above is short; however, that’s because Amazon affiliate marketing really doesn’t require a specialized theme in order for it to work well (unless it’s one of the unique cases noted in the themes above). Instead, you’re better off using WooCommerce if you want to build a full affiliate store or simply stick to the WordPress theme you currently have and add affiliate plugins to the mix.
A YouTube channel is a plus but to grow your audience and online presence takes a long my road of ups and downs, failures, learning from mistakes and growing. You also need to post your content to social media and even then most websites still get no traffic and barely any visitors due to the WordPress theme you’re using, your website goes beyond just the basics wealthy affiliate teaches you, you then have to expand on that and make your website look appealing and easy to access for your audience.
I personally am glad I tried. I have been working within WA for 11 months now and I have built 2 websites that are both generating me consistent business (one my local brick and mortar business, the other a niche website). The support has been on point from both Kyle and Carson. I have personally contacted Kyle more up to this point, but I had a technical issue with my website and Carson handled this within a few hours. I also have built friendships with others within the community, one friend that i am toying the idea of starting a business with! Live chat can be a hoot too.
Please note that some of the links below are affiliate links and at no additional cost to you, I will earn a commission. Know that I only recommend products, tools and learning resources I've personally used and believe are genuinely helpful, not because of the small commissions I make if you decide to purchase them. Most of all, I would never advocate for buying something that you can't afford or that you're not yet ready to implement.