Well, actually you do. There are over 500,000,000 (yes, 500 MILLION) products that you can promote as an affiliate marketer online. This means you don’t have to carry any inventory for any of these products/services. You simply link to companies through your special affiliate links, and exchange and they give you a cut (%) of every sale that you make.
Once you've protected your prospecting pool, maximize your affiliate program by working with the best and leaving the rest. As the old 80/20 adage implies, most of your revenue will come from a very small percentage of your affiliates. Because it can be time-consuming to manage a larger affiliate network, consider selecting only a few companies initially, and interview them before signing them on. Affiliates are an extension of your sales force and represent your online brand, so choose partners carefully.
One thing I don’t like is that Wealthy Affiliate mainly focuses on beginner to intermediate trainings. While this makes sense as the vast majority of Wealthy Affiliate members are brand new to the industry, I would also love to see some more advanced training provided for those of us with a decade of experience in the industry. Sometimes even the pros like to be challenged!
I joined WA and it was really helpful in the beginning because I was new to Affiliate Marketing. I haven’t given up on affiliate marketing, and I am currently learning how to piece together my own resources that seem more up to date. This has given me piece of mind and I feel this will provide more stability. I do see a lot of people promoting WA by comparing them to other similar programs. Craig’s review is very refreshing and spot on. Thank you Craig.
StudioPress is a WordPress hosting service and framework that is designed to make setting up and running a WordPress site much simpler and easier. StudioPress comes with its own unique themes and SEO tools, collectively known as the “Genesis framework.”. Their affiliate program is solely for referrals to pay for a StudioPress framework account or buying a StudioPress theme. Previously, the affiliate program also included web hosting, but this is now managed separately by StudioPress’s owner, WPEngine.
WordPress comes free with cpanel which incidentally, Kyle at WA told me is outdated. I purchased a reseller account from Greengeeks which will host unlimited websites. Each domain has an independent cpanel which includes a load of free software (including WordPress) All this for only 20 Dollars/month. I recently built a dozen websites all with WordPress using that account. I think it could be done even cheaper if you shop around but I’m really happy with the service I get and no need to change. If you only want one website a cpanel platform from Greengeeks will cost you around 4 USD/month if you pay in advance. Of course you don’t get the “community” that comes with WA but you don’t get the brainwashing or stupid restrictions either.
Their policies are strict. Be sure to read through Amazon’s affiliate program policies very carefully. Any violation of their policies is grounds for account suspension--something which could be devastating if you build an entire website or store around affiliate links. Amazon has also been known to suspend accounts without any prior notice, so tread carefully.
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.
These classes are typically run by Jay, one of the top experts within the WA community but there have been guest experiences by Kyle and others over the years. There is a live chat and a full question and answer period with every live class. Each live class is usually around 1.5 hours in length and the replays will be available to you the next day (along with 100’s of hours of past live classes).
I have a couple lessons to finish with the bootcamp, and what I’m thinking about doing if I even think about continuing to blog is create a site not around WA but to help others figure out how to make money online, wordpress, how to create a website, select a hosting platform like Hostgator which I had previous experience with before WA, clickfunnels and so forth. But yeah, it’s been real, and an eye opening experience. I’ll likely be transferring my domains back to Hostgator here.
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.
Two-tier programs exist in the minority of affiliate programs; most are simply one-tier. Referral programs beyond two-tier resemble multi-level marketing (MLM) or network marketing but are different: Multi-level marketing (MLM) or network marketing associations tend to have more complex commission requirements/qualifications than standard affiliate programs.
The question is how much can you make within the Intenret business world. The answer is, as much as you want. Wealthy Affiliate is less of an “opportunity” and more of an all-inclusive environment where you can create and grow a business online…and do so to any level. Everything is included that you need to create your business, and managed it. Really the only missing piece is you and a bit of hard work and dedication.
I tried the WA free trial a couple of years ago and left quite unimpressed. I was particularly disgusted at the “negative review blog” and product bashing tactic that I see being recommended there. In other words, they want you to write negative reviews and trash every single product in the “Internet Marketing/Make Money Online/Biz Opp” niche and then subtly recommend Wealthy Affiliate towards the end of the review post.
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
MaxBounty works exclusively with digital products, usually about giving one’s email or signing up for a newsletter. MaxBounty has CPA, Pay-per-call, and CPL campaigns that you can choose from. MaxBounty is involved in a large number of verticals, including market research, real estate, social games, finance, dating, and diet, but is primarily designed for marketers seeking to acquire new leads.
Two questions: 1). Can I make any money off the “starter kit”? Yes or no, please. I’ve seen others ask this question and the (non)answers are always the same. No one has ever come right out and said ‘Yes. You can absolutely make money once you get your website set up and start getting traffic!’ Or ‘No. The free stuff just gets you set up. You have to join and pay us 49 bucks faithfully every month before you can get any clickable links from us. Most answer this question by providing you with a link to sign up. In other words. I can dance around you and dazzle you with bullshit forever, but I will not give you an answer until you spent weeks—May, months—tooling around trying to figure it all out, just to realize that no, you don’t earn a single dime until you ante up, because hey, ya gotta spend money to make money, right?? And, besides, why would I train you to be my competitor, hand you the Keys To The Kingdom, give you a piece of MY pie, for nothing? That’s just not a good business model. For me, anyway.’
Also the new process is through video marketing and buying products you own to help others, whether you’re helping those lose weight, gain muscle and study legit true information that has helped you lose weight, get lean or get rid of acne. These niches are good to market on but it takes a long time to see results and often people go into wealthy affiliate thinking simply building a website is easy they will quickly be fooled and part of the scheme that I’ve seen as a member.
Now I imagine there are some highly motivated and disciplined individuals who could utilize the membership training and community resource to build a profitable businesses; however… The main sales page is a bit misleading in that I feel it grossly oversimplifies the process of establishing a profitable site, and it nowhere near emphasizes just how much work will be involved. Not to mention, the several months you will have to devote to this before you start seeing any sort of income.
Before you promote your site, you want to have some substantial content there. Write several product reviews. Have at least two to three in each category you've created. You may also want to create categories for articles, news, and commentary about your topic. The more content your site has, the better. And the great thing is that while you're writing all this, the search engines are getting notified automatically, assuming you turned on the necessary notifications.
The power of convincing is defined by your article, I found it very interesting in the many point mention with Wealthy Affiliate. I don’t really think people really don’t understand the power this community can change lives. You are a prime example based on your success report and the affiliate income report that anyone can achieve in owning their own business. I very encourage by your article it has made me think a little harder about what can I do to have my own success story and the answer is Wealthy Affiliate stick with it. I wish you greater success Tony and Thanks again for powerful article!
One great way to get ideas for related products to promote is to look at the stats/reports that Amazon gives you to see which products readers are buying. After a while you’ll start to notice that they’re not only buying the products you directly promote but other products as well. Some will be completely irrelevant to your niche – but many times trends will emerge that could signal other products that it might be worth promoting.
Also known as a publisher, the affiliate can be either an individual or a company that markets the seller’s product in an appealing way to potential consumers. In other words, the affiliate promotes the product to persuade consumers that it is valuable or beneficial to them and convince them to purchase the product. If the consumer does end up buying the product, the affiliate receives a portion of the revenue made.
I would personally agree with linkshare.com as a great affiliate marketing platform to join as a publisher. Here’s why. Back in 2005 when I knew nothing about affiliate marketing and was using blogger.com as a free blogging platform without any experience whatsoever and joining Walmart.com as my first official affiliate program, I was able to insert Walmart affiliate in its in my blogger blog and earn a $72 commission. I was onto affiliate marketing for life from there.
Always disclose your affiliate relationship. Most visitors will probably understand that graphic ad will lead to your getting paid, but if you write a review or use an in-text link as a recommendation, you want your readers to know that may lead to compensation as well. This ensures you retain transparency and trust with your readers, but also, it's required by the FTC's endorsement rules.