This review is right on the money. I know exactly what Craig is saying here because I’ve been in the online space for quite some time now ;). The information in WA is not incorrect, but as Craig said, the process is grossly oversimplified. This is probably intended to draw in newbies more easily. Look at it like this, each of those main steps probably have like 50-100 substeps, if not more, lol. You have to be disciplined, learn and absorb all the theory and apply it, but folks suffer too much from Get Rich Quick mentality and impatience online. Think about it, if it takes REAL work to build a regular bricks and mortar business, what makes you think it won’t take you work to build a business that just simply happens to based online? It is still all within the realm of this universe, law, and universal laws hold haha. Anyway, not meaning to be facetious. All else being equal, the best thing about an business that happens to be based online is the ability it has to SCALE! That’s where the real advantages come in IMHO. Best of luck to you all
I then stumbled across WA, and thought hey maybe I’ll do this. But it seems to me that it might be better simply just to set up a wordpress blog and go from there. If I do want to start IM I can learn SEO all over the net. I saw that on WA you have to be a premium member to get comments on your wordpress sites however I am very sure if I set up my own WP blog I can get a plugin of some sort to have comments.
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?
The phrase, "Affiliates are an extended sales force for your business", which is often used to explain affiliate marketing, is not completely accurate. The primary difference between the two is that affiliate marketers provide little if any influence on a possible prospect in the conversion process once that prospect is directed to the advertiser's website. The sales team of the advertiser, however, does have the control and influence up to the point where the prospect either a) signs the contract, or b) completes the purchase.
Yeah except I would be telling the truth! They are really nice and good about responding as long as their hand is in your bank account. I have sent 8 emails over the last few weeks and no response. I work 14 hour days and if I had known they would pull this I would have taken time off to get the site moved- I went through the training there but I couldn’t get past the idea of posting reviews for products I have never tried. It seems like that is their method and I personally find it despicable. They clearly are not an honest company. I found most of the education there to be really basic and the live chat is basically just the blind leading the blind. There seems to be a quiet desperation among many the members. It is clear not many are making decent money but are afraid to complain for fear of being banished. Anyone that wants the straight scoop on this company should go look at the ripoff reports. They just lost a big lawsuit for their fraudulent practices and it may well put them and all the affilliates that posted fraudulent reviews out of business. Apparently the judge in the case is pretty disgusted with them and they are saying he may order all the fake reviews be removed on top of paying damages to the companies whose reputation they have harmed so there goes their marketing plan. What they did to me was reprehensible. I was a member for over 2 years and they got $600 out of me. What a waste of money! Telling me I would have 30 days to move the site and then blocking my permissions so I cannot is fraud. I plan to spread the word. You better believe this will be the most expensive $50 they ever stole.
No matter how good your marketing skills are, you’ll make less money on a bad product than you will on a valuable one. Take the time to study the demand for a product before promoting it. Make sure to research the seller with care before teaming up. Your time is worth a lot, and you want to be sure you’re spending it on a product that is profitable and a seller you can believe in.
As search engines have become more prominent, some affiliate marketers have shifted from sending e-mail spam to creating automatically generated web pages that often contain product data feeds provided by merchants. The goal of such web pages is to manipulate the relevancy or prominence of resources indexed by a search engine, also known as spamdexing. Each page can be targeted to a different niche market through the use of specific keywords, with the result being a skewed form of search engine optimization.
Merchants receiving a large percentage of their revenue from the affiliate channel can become reliant on their affiliate partners. This can lead to affiliate marketers leveraging their important status to receive higher commissions and better deals with their advertisers. Whether it’s CPA, CPL, or CPC commission structures, there are a lot of high paying affiliate programs and affiliate marketers are in the driver’s seat.
The thing that I really like about WA is that even though I feel I have some good experience now (not an expert yet!), I realize that I can get help from someone with more skills and knowledge than I have at any time. There are experts within WA, many with MUCH more experience than I have that I lean on for support and to advance my own personal skills.
I know what you mean. Regularly writing lots of content and getting not much in return, it’s a hard road to go down. And the thing is, if you are able to write lots of content and you want to earn money doing it, you can join Textbroker and get paid per article. I know it’s not residual income, but it gives you a better return on your time up front.
I was a member of Wealthy Affiliate for 2.5 years. I made a little bit of money through my own niches, but nowhere near enough to justify the work I put into it. I did the bootcamp course and made some money referring other people to WA, but I did so mainly by churning out fake negative reviews of competing products, which is the direction that the bootcamp course leads you in. The whole setup of the bootcamp course is bullshit. It teaches clueless newbies to shout out to the world that WA is the best way to make money online, all before they even know whether this is true or not.
Sell things to pedestrians. Entrepreneurial sorts sell things like cold drinks on hot days or hot nuts in winter. This method can be especially lucrative if you set up a spot near a sporting event, park, etc. You’ll need to have a small amount of money to invest in the product, but then you can sell it at a much higher return and make some quick cash.