I have been following the video’s on Youtube involving Income school, and i am quite astonished at the information that the 2 founders have compiled and are freely showing. They are displaying some really good advice and facts, backed up by actual evidence that i think that anyone serious about learning internet marketing should have a look at. When you see what they have to offer i think you will be quite surprised. The best part about it is that there are 2 actual live persons that you can see and hear and not just a voice behind a microphone .
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.
Saw another “great tip” as a response to the same member from a guy who claims to rank very highly in the search engines. Apparently he does all his SEO work at around 3am when everyone else is sleeping. Just the image in my mind of him sneakily switching on his computer in order not to wake the rest of the world was enough to make me spill my sherbet all over the desk.
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?
To that end, I am now looking at moving my budding domain before my first month on WA expires (sunk cost, oh well) and am thinking WP will be my best choice, price-wise; not being rich but still better than $360/year just to be part of a “community” of cheerleaders. I have my niche, I want to do affiliate marketing as well as a blog, and potentially an unrelated blog. I will find my own training and education in due time for a lot less $$$…I know a lot of people.
Start a bed and breakfast. If you live in a popular resort area or own a historic property, a B&B might be the perfect side hustle. Not only can you work at home with this career, but you’ll also score some tax write-offs in the process — although most innkeepers caution that the profession requires a lot of hard work and is more of an attractive lifestyle than a money-making pursuit.
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.
3) Established members who have not yet achieved the success they want but have not yet woken up to the possibility that they are wasting their time, and they treat it like a paid version of Facebook, forever posting personal and motivational updates to fill their day so they can lie to themselves that they are actually doing something productive with their time.
Thanks for this very true review. I just canceled WA after about five months with them. I started to smell BS and how dated the training was. I am grateful for learning a bit of stuff because I was a beginner. After canceling, you can not get access as a free member. I will not be back and warn anyone looking into it. It is way to pricey, and their websites are not anywhere close to competing with other websites out here. If you were a real beginner, then do it for two months. Learn the knowledge and apply it somewhere else.
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.
They tell you that the first step in the process is to choose a niche. In my opinion, this should be pretty easy for you determine before you even decide to get started. If not, then internet marketing may not be for you. The reason I say this is due to the amount of effort required to build a profitable business from scratch. If you can’t think of one single thing that excites or interests you, then you are going to have an uphill struggle if you plan to make a go of it in affiliate marketing.
I appreciate that you recognize that WA is not a scam and definitely provides what is necessary to teach individuals how to create an website for their business and more. I also agree that in their promotion, WA makes it seems to easy, when in fact it requires much hard work. One has to have the desire to work hard to build a business, no matter if it’s brick and mortar or an online business.
I’ve been spending over 2 hours reading most of the comments. Great content really although it didn’t really get me any further. I got a yearly paid membership and at least I’ll finish it. Craig, you’ve said since 2015 up to this year you’d write an article about “the alternatives” of WA and sure, you seem like a great guy, but when will i get to read this article? duhh. Some disgusting practices of WA are a huge turn off now but I’m kind of a slow learner and having a community and a step by step way to learn to start an affiliate website is bringing me “from nowhere to finally somewhere” and if you know any platform with a community that can do that better than them then I’d be glad to know which one. Of course thanks to you and other comments I now lower my expectations and know that the faster i’ll be done with the basic there and then feel more self-confident the quicker I’ll leave and go for something more authentic and efficient but what exactly would that be?
First and foremost I do Buisness with Wealthy Affiliate and as the first time building my online business I have earned income by referring my friends, colleges and family member to WA and I had build my own sites afar from WA and selling products ALREADY!! They are NOT A SCAM!! Unlike other business like Aspire Digital Altitude or Counter Profits etc.... As my experience continues with Wealthy Affiliates they were the most inexpensive services provided and not just only that there are other people that already has online business thatg needed more training to have their business to drive more traffic through the search engines for cheaper price on the plug ins versus an outsource other than Wealthy Affiliate.
This is a tough one to answer. On one hand, yes, they do provide some adequate training in the way of affiliate marketing and WordPress site management, but it’s a little self-serving. They really tout their platform as a magic bullet solution for IM, but it’s not. They’re also quick to suggest WA as a good affiliate marketing niche, but that is a definite NO.
Wash cars or bikes if you have a big enough driveway. Gather some sponges or old rags, towels, car washing liquid, a big bucket, and a hose and set up a washing station in your driveway for a few hours on the weekend. Scrub each vehicle, focusing on any dirty spots, rinse it thoroughly, and buff it dry with a microfiber towel. Charge $10 to $20 per vehicle.
“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.”
Really good article with some great tips. Affiliate marketing has the potential to earn lots of money and I'm hoping I can make it happen. I have tried the matched betting and it DEFINITELY works. The one thing I would say is that you need to check that any bets have been accepted by the bookmaker. I have had on occasion bets which look like they have been accepted but don't register in my account. Always go into your account and check outstanding bets or your bet history.
Whatever you choose to do with this monetization and marketing technique, take time to plan your strategy. While it is very easy to get started and to add Amazon affiliate links to WordPress, the key to success is in how well you execute those links and promote them to your visitors. Affiliate marketing takes time to excel at, so be patient and don't give up!
I had been searching for something for a while trying to make money from home to support my family and I was finally helpfully led to Wealthy Affiliate. It’s been the best decision I’ve made financially! I stopped wasting money and I am finally making something. It’s not much yet. I’m still learning a great deal, but I have already begun the process of making something. And I know it’s only going to get better!
I have started looking at affiliate networks and finding products to promote that way. Also going to try to utilize a Youtube channel with promotion, as well as some paid advertising. It all works with the right amount of patience. I do have an Amazon Affiliate account that I can link too, but diversifing and learning to branch out is key. Truthfully I do not think the Amazon associate program is all that newbie friendly.
This is like a free graduate level college course every month available just for the reading. And unlike most college professors, these guys and gals are actually earning in the real world. Michelle made well over a million USD last year from mainly affiliate programs,AFTER she paid her running expenses and US taxes. She sure didn't do it by reviewing bicycle pedals 😉