Websites and services based on Web 2.0 concepts—blogging and interactive online communities, for example—have impacted the affiliate marketing world as well. These platforms allow improved communication between merchants and affiliates. Web 2.0 platforms have also opened affiliate marketing channels to personal bloggers, writers, and independent website owners. Contextual ads allow publishers with lower levels of web traffic to place affiliate ads on websites.
After trying many programs and being scammed, I gave Wealthy Affiliate a shot. I was at my wits end with all the other things that I have tried. It was a bit of a reprieve when I realized that the people behind Wealthy Affiliate are really there to help you and are actually front and center within their business. I asked Kyle who is one of the owners a question about my website the other day and I got a detailed response in less than an hour.
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.
A quick and inexpensive method of making money without the hassle of actually selling a product, affiliate marketing has an undeniable draw for those looking to increase their income online. But how does an affiliate get paid after linking the seller to the consumer? The answer is complicated. The consumer doesn’t always need to buy the product for the affiliate to get a kickback. Depending on the program, the affiliate’s contribution to the seller’s sales will be measured differently. The affiliate may get paid in various ways:
Site Builder Package - There is a steep learning curve for beginners to set up their website. No kidding! Tried it with other web hosting providers in the past when I was a beginner, and it was a nightmare. But with WA Site Builder, you can quickly build a website within 30 seconds! Wealthy Affiliate has streamlined the entire online business setup process.
I would also like to see a forum built into the platform. Wealthy Affiliate has a unique way of building a community and I understand why they shy away from a standard forum type of format. Instead, they want to promote live chat sessions, blog posts, private messaging, and public questions where people can comment below. This type of setup is pretty cool at times, but I also do enjoy forums where I can just browse by topic.
You will want a website, that is provided for you within Wealthy Affiliate on their top tier hosting. You get this included in your membership. A website is important as it is the foundation for your business (your storefront so to speak). The process is not technical these days so don’t be scared by the idea of “creating a website”. You are going to be just fine.
Can you make money with affiliate marketing? The short answer is yes, affiliate programs can earn extra money and even a full-time income from home. The long answer is a little more complicated. Like any home income venture, success comes not so much from what you choose to do to make money, but whether or not you do what needs to be done correctly and consistently.
I am a HUGE fan of the “freemium” business model. Wealthy Affiliate follows that model by offering a free membership account. The free membership gives you limited access in the Wealthy Affiliate dashboard. Some of your access lasts forever, such as some of the training videos and community features, while other features only last for a limited time, such as the live chat feature. Here is what you get with the free Wealthy Affiliate Membership:
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.
The seller, whether a solo entrepreneur or large enterprise, is a vendor, merchant, product creator, or retailer with a product to market. The product can be a physical object, like household goods, or a service, like makeup tutorials. Also known as the brand, the seller does not need to be actively involved in the marketing, but they may also be the advertiser and profit from the revenue sharing associated with affiliate marketing.
When I say that I love Wealthy Affiliate, I’m not just saying that because I’m an affiliate for them. I’m a very active premium member at Wealthy Affiliate and love interacting with people on a daily basis. If you join, you’ll see me posting on people’s profiles, answering questions, chatting in the live chat area, and I have private personal messaging conversations multiple times per day.
Affiliate marketing has grown quickly since its inception. The e-commerce website, viewed as a marketing toy in the early days of the Internet, became an integrated part of the overall business plan and in some cases grew to a bigger business than the existing offline business. According to one report, the total sales amount generated through affiliate networks in 2006 was £2.16 billion in the United Kingdom alone. The estimates were £1.35 billion in sales in 2005. MarketingSherpa's research team estimated that, in 2006, affiliates worldwide earned US$6.5 billion in bounty and commissions from a variety of sources in retail, personal finance, gaming and gambling, travel, telecom, education, publishing, and forms of lead generation other than contextual advertising programs.