When Wealthy Affiliate first started in 2005, it was a list of hot keywords for those wishing to make money by promoting affiliate links on Google Adwords. That was actually a fast (but risky) way to make money. So, if you had money to invest up front, it was indeed possible to get rich quickly. And that’s why Kyle and Carson called their website Wealthy Affiliate. They were showing people how to get rich through affiliate marketing. The clue is the name.
“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.”
I achieved this because I’m an old hand, yet still my web pages and posts weren’t on the first page of Google. No problem with Bing and Yahoo, though. But Google, however, is where we need to be on page 1 of the SERPs under targeted keywords to get anywhere. WA teaches us to target ‘low hanging fruit’ keywords. In other words, to be bottom feeders. Talk about scraping the barrel!
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.
These days, I think the hardest part of the SEO formula exists in the more technical aspects, i.e., good coding practices, site speed, site architecture, etc. Provided you have the desire and ability to write quality content, your time and money is better spent on learning the more technical nuances of SEO, which is why I recommend something like Treehouse over WA.
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.
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.
Some useful advice there Marcus. It really is easy for anyone to set up a blog these days and there are many platforms to choose from. Of course WordPress itself is probably the most popular and not difficult to understand. I recently set up a few just for the backlink value and found that Strikingly was probably the most straightforward to set up. As I linked to my regular blog it was listed in Google within a few days. Totally free and as good if not better than the free websites that are dished out by WA. If you feel the need for community support, there are many groups on Facebook that won’t cost you a cent!
2 - This is not just for beginners on the internet. There are a large amount of marketers that joined to learn more and love it. So the coaxing part you mentioned.... not really there. You can stay a free member but you just don't get the info that premium members get. You seemed to be outraged about that. Well how about you give your services away to anyone that does not want to pay and then charge the ones that think it's worth it. How soon before you are called out and you have no business at all. So that complaint is just non-sense.
If I have a blog that is getting 100,000 page views a month that means that I’m probably getting at least 50,000 people to the site (most blogs will do between 1.2 to 1.4 pages per session). That means I have to try and get some small percentage of those people to buy something from me if I really want to do well. If I can’t get them to buy something then (in some cases) I have ads running on the site that will make me money anyways.
22. Advertising – This is definitely the most old-school way of earning money with a blog. It’s also starting to become the least common way. You can sell advertising spots directly on your site or you can sign up with a company like Google AdSense or Media.net. Either way, you won’t see a whole lot of money from ads until your views are well into the thousands each day.
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.
Great review or anti-review ??? Wish I had read this article a few months ago . I parted ways with WA around a month ago . I have been out here still pursuing my interest and it’s pretty FREAKIN rough . Just this afternoon i found myself engaged in a three hour batitle royal with Jetpack , WordPress , and the God that is Google over one post . Wealthy Affiliate is like that way cool app you’ve been wanting and the download is freeee , it’s just that , We’ll …. you need $575.00 in memberships , plug-ins and add-ons to make the damn thing work . Plus , they stole my domain !!! I been out here on my own for a month . I’ve pulled in $11 bucks . So yeah , you could say I’m Ballin. UP YOURS KYLE & CARSON !!!!!!!!!
And I’m not the only one. More people than ever are succeeding with Wealthy Affiliate. Most people who join don’t even promote Wealthy Affiliate at all. Instead, Wealthy Affiliate teaches you how to promote any number of products or services across the web in just about any niche. If you do want to promote Wealthy Affiliate, by all means, it’s a great affiliate program that can easily earn you a full-time living! Here’s the last paycheck I received from Wealthy Affiliate. The amount is actually higher than what is posted in the chart above due to some yearly subscriptions and a few other things that I got paid extra for.
Want to know a little secret about this site? When I first started this site, I only planned on monetizing by selling my OWN affiliate marketer training course. About halfway through creating my course, I realized that I would never be able to provide the type of quality product I intended. Even if I could, it would become outdated so fast that in just a couple years, I wouldn’t be able to sell it anymore.
Judging by some of the messages that I received, I’m not convinced that Kyle is actually running the show anymore. It’s more likely that several people are employed to deal with enquiries on his behalf and send out a lot of standard replies. I got a couple that had no relation to my queries and some of my more awkward questions were not even answered.