There is no shortage of products you’ll be able to promote. You’ll have the ability to pick and choose products that you personally believe in, so make sure that your campaigns center around truly valuable products that consumers will enjoy. You’ll achieve an impressive conversion rate while simultaneously establishing the reliability of your personal brand.
Good news is, Wealthy Affiliate goes on to say that within the first few lessons you’re going to learn the techniques that will allow you to get an abundance, no wait…ABUNDANCE of relevant customers to your site by way of organic search. Most folks reading this have no idea just how difficult this is. If you know how to do it, then it’s mainly just hard work, but for those of you that don’t understand the process…you’re in for a long education full of trial and error.
So an effective affiliate marketing program requires some forethought. The terms and conditions have to be tight, especially if the contract agreement is to pay for traffic rather than sales. The potential for fraud in affiliate marketing is a possibility. Unscrupulous affiliates can squat on domain names with misspellings and get a commission for the redirect; they can populate online registration forms with fake or stolen information; they can purchase adwords on search terms the company already ranks high on, and so on. Even if the terms and conditions are clear, an affiliate marketing program requires that someone be monitoring affiliates and enforcing the rules. In exchange for that effort, however, a company can access motivated, creative people to help sell their product or services to the world.
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.
I think early adopters would have been poised to see more success due to how search algorithms worked back around the time WA launched, in addition to there being a slightly less competitive landscape, but now…good luck. And even if you were to manage to get yourself to page one for a few different longtail WA searches, in the time it took to do that you’d probably have realized there were other more lucrative or interesting opportunities you could have pursued.
Well, if you’re into putting in the time for mere pennies, have you tried Amazon’s Mechanical Turk? If you’re into tedium and enjoy transcribing copy and/or correcting others’ grammatical faux pas, you should check it out. I wouldn’t buy that cabana on the beach just yet, but, hey, it’s a start, and if you put in a couple hours every day, you will probably make out better than with IM, and you can feel slightly superior to the guys with all the money asking you for help because they don’t know a homonym from a dangling participle. 😉
If you wish you had a little more money in your pocket, you’re not alone. Fortunately, you have a variety of options when it comes to making money. Doing odd jobs is a quick and easy way to earn money. Similarly, reselling items or selling items you make can earn you extra cash. As another option, earn money online by writing a blog, freelancing, or doing online surveys.
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.
2. As an affiliate marketer, there are 100’s of millions of products and services you can promote in exchange for a commission. You sign up for what are called “affiliate programs” and once you do that, you are given special links for that company that are unique to you. When you send people to one of those links (through your website, social media, email, or otherwise) and they buy something, you get a % commission. For example, if you sign up to Amazons affiliate program, you can promote any product on their website and earn 6% commissions. Commissions range from 5-75% typically, depending on the program.
An influencer is an individual who holds the power to impact the purchasing decisions of a large segment of the population. This person is in a great position to benefit from affiliate marketing. They already boast an impressive following, so it’s easy for them to direct consumers to the seller’s products through social media posts, blogs, and other interactions with their followers. The influencers then receive a share of the profits they helped to create.
Take care of your neighbors’ gardens in the spring if they have them. Volunteer to weed the garden, plant flowers, water the plants, or mulch the garden. People begin tending to their gardens as early as March so start advertising your services at the end of February or the beginning of March. It’s a great way to get outside and learn how to garden.
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).
Some merchants run their own (in-house) affiliate programs using dedicated software, while others use third-party intermediaries to track traffic or sales that are referred from affiliates. There are two different types of affiliate management methods used by merchants: standalone software or hosted services, typically called affiliate networks. Payouts to affiliates or publishers can be made by the networks on behalf of the merchant, by the network, consolidated across all merchants where the publisher has a relationship with and earned commissions or directly by the merchant itself.
Most of the useful teachings for affiliates are lessons you need to uncover through diligent search, trial, error and first-hand experience. A few of the resources I leveraged the most were Warrior Forum and the EPN community. There were a few blogs I used to follow as well, but most of what I found that worked was by way of focusing on building great sites, not on ‘how to make money’.
When I enrolled in WA, I almost immediately had misgivings, which I ignored at first, about two things: 1) using their platform to build sites, as you mentioned, and 2) the bootcamp, which had too much of a circular flavor for my taste – and for my trust. I was actually surprised that so many people would promote WA instead of developing a personal niche. Looking backwards, bootcamp sites are easy to spot: they all have a link at the top called “My #1 Recommendation” or something similar. So much for originality.
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. InboxDollars – InboxDollars is similar to Swagbucks, since you’re going to be taking surveys, shopping, etc., so if you want to maximize your return, sign up with both websites. They also offer a search engine that pays you (like Swagbucks) and you get $5 just for signing up. I won’t continue to list survey sites one after another down the list, but if you want to get paid to take surveys, also check out GlobalTestMarket, E-Poll Surveys and Survey Club.