The problem with affiliate marketing, like many other home business options, are the so-called gurus and get-rich-quick programs that suggest affiliate marketing can be done fast and with little effort. Odds are you've read claims of affiliate marketing programs that say you can make hundreds of thousands of dollars a month doing almost nothing ("Three clicks to rich!"). Or, they suggest you can set up your affiliate site, and then forget it, except to check your bank deposits.
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.
Free Training Across The Web – Believe it or not, most of the training I’ve received over the years are sources I’ve found for free all over the web. I’ve shared a LOT of that info with you on this very website through my nearly 500 blog posts (to date). However, you should also check out sources such as YouTube. It’s true, places such as YouTube are filled with scammers and spammers, but mixed within those are some gems. For example, you can look up keynote speeches on affiliate marketing from various conferences, such as Affiliate Summit speakers. Using free content from around the web is hard to sort out and make sense of, so it’s best to use a service like Wealthy Affiliate because you are able to learn the things you need to learn, in the order you need to learn them, without all the distractions. However, as you progress, you may need to learn something specific, at which point you can go to free sources across the web to learn as you need 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.
Don’t put all your eggs in one basket. If you only promote one merchant’s products, you are stuck with their commissions, their landing pages, and ultimately, their conversion rates. It is important to work with many different merchants in your niche and promote a wide range of products. This affiliate marketing strategy will diversify the amount of commissions you make and create a steady stream of revenue when building an affiliate website.
When beginning your affiliate marketing career, you’ll want to cultivate an audience that has very specific interests. This allows you to tailor your affiliate campaigns to that niche, increasing the likelihood that you’ll convert. By establishing yourself as an expert in one area instead of promoting a large array of products, you’ll be able to market to the people most likely to buy the product.
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!
So you know exactly what to spend. I love this predictable side of Wealthy Affiliate. Even if you don’t have all the money to pay for a full year, you can plan ahead of time, and save gradually towards Black Friday deals. Those deals have not changed for many years, and once you sign up, that’s it. No more paying of extra charges. Everything is taken care of right down to the domain privacy of the domains you purchase in-house.
1. Commerce: Two parties are affiliates if either party has the power to control the other, or a third party controls or has the power to control the both. Affiliation also exists in (1) in interlocking directorates or ownership, (2) in identity of interests among members of a family and, (3) where employees, equipment, and/or facilities, are shared. Affiliates are subject to greater than normal legal prohibitions and requirements to guard against insider trading. See also subsidiary.
There are SO MANY success stories on Wealthy Affiliate, these are just some of the ones I found. One thing you’ll notice is that most of these success stories are NOT making money by promoting Wealthy Affiliate. They are promoting an array of other products and services. Wealthy Affiliate teaches you how to promote nearly any product or service in nearly any industry. That’s the beauty of it. Wealthy Affiliate does offer a fantastic affiliate program (which I am a part of), but there are so many other things you can promote once you go through the training.
A multinational company may set up affiliates to break into international markets while protecting the parent company's name in case the affiliate fails or the parent company is not viewed favorably due to its foreign origin. Understanding the differences between affiliates and other company arrangements is important in covering debts and other legal obligations.
Many affiliate programs run with last-click attribution, where the affiliate receiving the last click before the sale gets 100% credit for the conversion. This is changing. With affiliate platforms providing new attribution models and reporting features, you are able to see a full-funnel, cross-channel view of how individual marketing tactics are working together. For example, you might see that a paid social campaign generated the first click, Affiliate X got click 2, and Affiliate Y got the last click. With this full picture, you can structure your affiliate commissions so that Affiliate X gets a percentage of the credit for the sale, even though they didn’t get the last click.
Want to know a little secret about this site? When I first started this site, I only planned on monetizing by selling my OWN affiliate marketer training course. About halfway through creating my course, I realized that I would never be able to provide the type of quality product I intended. Even if I could, it would become outdated so fast that in just a couple years, I wouldn’t be able to sell it anymore.