I have a question: I need to first register a domain name and on WA it is $13.99 for basic free membership. I’m not going to start with premium until after a lot of tutorials or researching or discovering the site and other sources. I feel that this hesitancy has always been required but a great impediment to my decisions. I’m too play it safe and I don’t know what to do to initiate a good quality blog or endeavor. I’m actually my worst enemy in many things.
This isn’t to scare you off. I simply want you to know that this guide is going to focus solely on ways to make real, sustainable extra income online. Not just a few bucks. I want to share all the mistakes I've made that got me to where I am now so that you don’t have to go through them, and can build a successful online source of income for yourself.
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.
But the main method that WA teaches these days – blogging about your favourite interest in the hope that some people will click your affiliate links and buy stuff – is a long hard road, and one that has a high chance of failure for a lot of people. But if you fail, WA will just say that you gave up too soon. What a convenient get-out clause for WA! If you succeed, WA takes the credit for showing you how to do it. But if you fail, it’s your own fault for giving up to early.
It is you who has to put hard work. Which in life is easy? This is freedom and financial freedom. It can never be cheap? It needs lots of passion and strict discipline for success. The training is excellent and there is help available always. This is probably one of the cheapest programs in In industry unless you bye pieces and do yourself. An 18-year-old guy has got >300 referrals and showed the amount he is making in 3 years.
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.
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.
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.
Promoting WA is a tired and oversaturated niche. They have funneled users into this niche to further their own SEO and to turn their customers into their marketing team, but I believe WA’s best days are far behind them. The lessons they provide are alright, but the tools they give you to work with are pretty bad. For example, there is no way you can use their hosting platform and WordPress installer to set up a successful site. There may be sites which are doing well on their platform, but they were built 6-8 years ago and are well indexed by now. Removing this from the equation significantly lessens the value of their membership.
In the Institute's submissions on the foreign affiliate reporting rules, we have emphasized three broad taxpayer goals for the legislation: The rules must be administrable; they should avoid imposing substantial new reporting burdens where the information is generally available on audit; and finally, appropriate relief provisions are necessary because no matter how fair and well-crafted the rules, unique facts and circumstances exist (or will arise) that will preclude some taxpayers from fully complying with the requirements.
As a free starter member, you get to “test drive” the Wealthy Affiliate training. You’ll have access to the level 1 training of the certification course and the Affiliate Bootcamp where you’ll learn the process of creating a website, driving traffic to your site, and how to make money with your website. Inside this training, you’ll learn how to start your very first website too!
I have a paranoid idea, but as a newbie to this world of WA , I have a dark feeling that there’s no reason why WA could not simply read business ideas that are posted in their free membership sites and then copy any of the feasible ideas you’ve researched through their free ‘limited trial’ research tool for keywords. The owners thereby get vast free market research, and snap up any lucrative ideas, and you have no legal ownership of the free site content. Am I paranoid? Would love to get your take, or anyones’s take on this. I didn’t buy a domain, I have as yet not signed up, and have removed my content, – but have I just potentially given my business idea away?
If you’re crafty (and I mean that in more than one way, wink wink), you’ll enjoy Etsy. Handcrafted items are the bread and butter here. Plenty of people make decent side money on the site, which is basically an EBay for crafters and artists. Set up a sellers account with Etsy, and you’ll be asked to set up your virtual storefront and put up at least 5 goods for sale.
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.
Affiliate agreements can be entered into by any type of business, from sole proprietor to corporation. Affiliating with another company is a good way to promote your business and make more money by joining with someone who has a proven track record and a larger customer base. But before you join an affiliate program of any kind, consider these questions (from Leslie Truex, Home Business expert).