Good comment Jason, at some time in the future Amazon may decide they have so much market share they don't need affiliates anyway. I mean, if you're just sending them people who are already Amazon customers there's not so much benefit there for them. Or they may decide to only work with select HIGH QUALITY affiliates and the average "affiliate site" owner will not be chosen.
Authors Note: We spend so much on education but earn less than $500 after graduation. I am also a believer that knowledge is power. You need to invest in Financial Education(Wealthy Affiliate, Inbox Blueprint or BuilderAll) that shows you how to make a living. It is not a must to study at Harvard like Mark Zuckerberg the Owner of Facebook to be great!
Being a current premium member of WA since 2015, active on and off mostly off, but hosting three sites with them, two professional and one monetized, I was expecting to thoroughly disagree with your review; however, I was in many respects surprised and pleased. For the most part, it was insightful and spot-on and while I do see and agree with many of your assertions, I don’t necessarily agree with your conclusion.
Conventionally when we looked to start a business within the offline world, we could expect to spend $10,000’s just to get our foot in the door (and that is without any marketing). You can get absolutely EVERYTHING you need to create and manage your business from scratch…no experience necessary for $359 per year ($29 per month) at Wealthy Affiliate.
I promote the local marketing thing that changed my life, but I’ve actually built a multiple 6 figure business with it already (still building that biz to this day, with 4 full-time employees working for me) and no one in this coaching group is allowed to promote it like I am. I am just one of the few that is since I am literally one of the original success students (effectively killed my job in 2015 & became a full-time internet entrepreneur).
Write and publish an eBook. You don’t need a traditional publisher and financial backing to publish your own book anymore. In fact, Amazon.com makes it possible for you to publish your own eBook and sell it independently – with no financial investment on your part. And with Kindle eBook publishing, your book will appear on Kindle stores worldwide within 24-48 hours. Just be prepared to market it yourself on social media, your blog, or elsewhere if you expect to generate sales.
Regarding the price, I remember they used to have a line where they would say that all you need to do is get two friends to sign up and that’s your monthly subscription paid for. The major flaw with that is that those two friends need to also get two friends to sign up who also need to to get two friends to sign up and so on. Very soon they would run out of friends to sign up. Pyramid scheme anyone?
A few of the things that I really love about WA are the fact that you can connect and get help very easily. I also enjoy using their SiteRubix platform, it is very easy to build websites and I come from a Joomla background and I most likely won’t be going back. It is too simple and feature rich to use the website builder and all of the extra tools that one with it.
You also should not join Wealthy Affiliate if you don’t enjoy the community / social aspect of it. A huge part of Wealthy Affiliate is the ability to communicate with other members. It’s a “help and be helped” community. If you have no interest in setting up your profile, asking questions, supporting others, chatting in the live chat sessions, or doing any sort of participation, you will not get the full benefit of the service.
People are always looking to have their cars washed and detailed. You could be a mobile car washer and detailer without having a permanent location. Reach out to people you know or make some flyers and put it in your neighbors' mailboxes. If you want to get serious about it, prop up a one-page website or give out business cards. You can make money quickly doing this.
Advertising Disclosure: TheSimpleDollar.com has an advertising relationship with some of the offers included on this page. However, the rankings and listings of our reviews, tools and all other content are based on objective analysis. The Simple Dollar does not include all card/financial services companies or all card/financial services offers available in the marketplace. For more information and a complete list of our advertising partners, please check out our full Advertising Disclosure. TheSimpleDollar.com strives to keep its information accurate and up to date. The information in our reviews could be different from what you find when visiting a financial institution, service provider or a specific product's website. All products are presented without warranty.
Thanks so much for this post – quick q – what is the scenario with Amazon App Store. For example if we link to an app in the Amazon App store from an app we have developed, do we still get a percentage of the sale (this is similar to Apple who pays out 4-5% and use affilate networks Trade Doubler, Link Share)? Is the same 24 hour scenario too for a ‘basket of goods’ and is it across all Amazon websites? Finally, is the scale the same (eg 4-8.5%)..
Once you’ve set up your account, do note that Amazon requires you to use product links and generate income from at least three of them within 180 days. If you fail to do so within that time, they will close your account. If you are able to satisfy that requirement, Amazon will review your account as well as your usage of affiliate links once the first sale is complete.
Salvage and resell. Do you love antiques or have a knack for finding valuables at flea markets or yard sales? If you do, it might be time to consider salvaging items for resale – or even scouting out antiques to sell for a profit. While you’ll need to spend quite a bit of time searching for prospects and spend some money buying upfront, you could easily turn a profit if you know what you’re doing.
Hi Craig – Correct me if I am wrong, but your information about not being able to access your website after going Premium is also misleading. Your domain name is your own and you can move it to any other hosting company. When you quit your hosting from any company — including Wealthy Affiliate — of course you can no longer access your site from there. You make it sound like your site is “lost” or somehow WA makes it “disappear” when in fact all you need to do is pay someone else to host it and move your domain. You will pay for hosting no matter what, it is often $25+ per month for not even as many features as are offered by Wealthy Affiliate. This means that for an additional $25 you can access on-going training on SEO updates, social media, and other necessary services. This seems like a deal to me. Yes, Wealthy Affiliate makes it sound easier than it is to get to the money, but I would rather that people figure out that they are not willing to do the work for a $49 loss than for a $300-$1000+ loss as is the cost of other programs.
Hi Amol, You can’t really expect to make it as an affiliate without a blog, e.g., content strategy. You don’t necessarily need to ‘blog’, but you would need to continually add new content – whether it be evergreen content, product pages with detailed descriptions, etc. WA basically attempts to show you how to manage a WordPress site, how to get it ranked and options for monetizing it.
Tutor kids in a subject that you’re an expert at if you like teaching. Think about the classes you do best in at school or the topics you know a lot about. Help out your peers or teach younger kids who want to get a head start before the next school year. Put up fliers around your neighborhood or school with the topics you’re tutoring, the cost, and what services you offer.
Since joining Wealthy Affiliate, it’d been my goal to help new and existing members speed up the process for getting results. If you’re someone who’s wanting to try it out and see if affiliate marketing is right for you, go sign up. If you join through my site, I will personally follow you and provide answers if you get stuck. But that doesn’t mean I’ll do the work for you. I’m here to help facilitate success, but creating a successful business is on you. 😉
I remember I use to be a free member but once I saw Kyles own website that compares Swagbucks to Wealthy Affiliate then I knew it was B.S… Comparing a reward site to a “training” site is ridiculous.. Not to mention all the hundreds of fake sites that pretend to review other sites that are in competition with wealthy affiliate and give them bad scores and put wealth affiliate as #1… All the information that they give on their crap website is free on the internet if you know where to look.