How Can I Make Money Online From Wealthy Affiliate?
We’ve all seen it. You’re scrolling through your Instagram feed, and you see your favorite influencer
successfully promoting a product. You think to yourself, how can I make money online from where
I am? In this article, we will tell you exactly how to do just that. The affiliate marketing industry
isn’t a money-making scheme, spam, or a short-lived trend, as many tend to assume. The
market is still rising and expected to grow to $6.8 billion by 2020. Before we dive into the details,
we will get into what affiliate marketing is and how the Wealthy Affiliate program can help you
become an affiliate marketer. We will also debunk some of the most common myths behind affiliate
marketing. Let’s get started.
How Can I Make Money Online From Wealthy Affiliate
What is Affiliate Marketing?
Affiliate Marketing is the practice of recommending a company’s product or service to potential
customers. The company will grant a commission to the marketer if the referral generates any sales.
With over 80% of brands utilizing affiliate marketing to increase their sales, we know there is
some serious opportunity there. Affiliate Marketing isn’t for everyone, although anyone can do it.
Let’s look into the pros and cons of affiliate marketing and see if it’s a fit for you.
How Can I Make Money Online From Wealthy Affiliate
Pros of Affiliate Marketing
Low cost. You’ll find when getting started that your costs are quite low, depending on your marketing methods. Most affiliate programs are free to join.
No product development. Because you are selling someone else’s product, there isn’t a need to create a product or service.
No stocking or shipping products. Since everything is electronic, there is no storing or shipping of the product your selling, just a nice finder’s fee.
Location Independent. As an affiliate marketer, you will have the ability to work anytime and from anywhere. Keep in mind you’ll need Internet access.
Passive Income. Being an affiliate marketer provides you with the potential of creating recurring passive income, depending on how you market your affiliate business.
Leverage your already acquired following. Affiliate marketing is the perfect addition to a current small business as an additional income stream. This is perfect for bloggers, life or fitness coaches, entrepreneurs, and anyone who has an email list or website.
Now that we understand the pros of affiliate marketing let’s tackle the cons. If there weren’t any,
it would be “too good to be true,” and that’s called a scam.
How Can I Make Money Online From Wealthy Affiliate
Cons of Affiliate Marketing
It takes time. Building a successful website or following can take time. Generating the traffic needed
to provide you with affiliate income won’t be instantaneous. Affiliate hijacking is a real thing.
Affiliate hijacking is another name for direct linking and, in simple terms, means you aren’t given
credit for your referral. To prevent this, read into URL masking.
No control over what you’re selling. Although you can’t control how to company run’s its business, how it service or product works, you do get tochoose what products/services you want or don’t want to refer. Choose wisely.
Unreliable affiliate programs. With any market, there are going to be sketchy companies who won’t pay. Avoid this by doing thorough research into the affiliate program you apply through.
High competition. When you find a great program, you can bet that many others are promoting it as well.
Customer info belongs to the company. Your stats will let you know how many sales you made, and of what product, but in most cases, you’ll haveno information about who made the purchase, which makes it difficult to market for re-sales.
At this point, you might agree that affiliate marketing is a great way to make money online and that it
is even a right choice for you, but maybe you’re worried about how to get started or how to be
successful. This is where Wealthy Affiliate comes in. Let’s see what it has to offer and how it can help
you on your journey to being a successful affiliate marketer.
How Can I Make Money Online From Wealthy Affiliate
What is Wealthy Affiliate?
Wealthy Affiliate is a platform designed specifically for affiliate marketers, or all levels and backgrounds.
This platform combines different sectors that provide you with everything you need to grow a successful
online business: education, tools, support, network, websites, hosting, domains, and community. Let’s
break down who the platform is for and what it entails.
Who is Wealthy Affiliate for?
The short answer? Every affiliate marketer that wants to succeed. Whether you’re just getting into
the affiliate marketing space or have been at it for ages, there is something for everyone when signing
up for Wealthy Affiliate. Wealthy Affiliate is great for beginners. This program is great for
beginners because they have a lot of tutorials and step-by-step training allowing you to learn at your
own pace. With Wealthy Affiliate lessons, you’ll learn how to:
- Pick a niche
- Build a website
- Grow traffic
- Promote products
- Convert traffic into sales
Wealthy Affiliate has everything you need to start, run, and grow your business from website builders
to hosting platforms, to affiliate connections. Wealthy Affiliate is great for seasoned marketers.
If you are already a successful affiliate marketer or are looking for support, or ways to grow your
business further, Wealthy Affiliate is also for you. The beauty of the Wealthy Affiliate program is the
community it encompasses. There are hundreds of thousands of users just like you. Bounce ideas off
each other, get expert advice from someone who’s been in your shoes or chose from 1.4 million affiliate
programs off their Rolodex.
How Can I Make Money Online From Wealthy Affiliate
What’s included with Wealthy Affiliate?
you’ll get access to
hundreds of hours of
training videos from
experts, a network of
people just like you, as
well as your own authority
blog on their website.
Education Programs. The
information on Wealthy
Affiliate’s platform is
constantly changing and
updating with the industry.
Technology doesn’t stand
still, and you need to keep
up if you want to succeed.
The platform hosts an
incredible amount of
options for continuing
education: live classrooms,
interactive online classes,
training boot camps, and
courses that grant you real
certifications. Everyone no matter what stage in their journey can benefit from a Premium subscription.
Website, Hosting, and Domains. Wealthy Affiliate has their platform, SiteRubix, whereas a
Premium member, you can run up to 50 websites. With over 3,000 website designs, 51,973 Website
Feature “Add-Ons,” full analytics, and spam protection–and tutorials showing you how to do it all
you will never outgrow the platform. Wordpress, an unparalleled hosting platform, hosts Wealthy
Affiliate. Your information will be safely secured, backed up, and did we mention, accessible fast?
It comes with 24/7/365 Site Support and a shocking average response time of < 5 minutes.
Community. One of the features often boasted by members is the caring community on Wealthy
Affiliate. With over 1.2 million members, no matter where you are on the globe at any time, you can
connect with someone. Studies have shown that you have a 95% higher chance of completing your
goal if you have an accountability partner. Running an online business isn’t an easy task. Of course,
you’ll encounter roadblocks but knowing that hundreds of thousands of people in your community
have been right where you are is a comforting thought. With Premium subscription, you have unlimited
access to expert outreach. Want to make even more money from Wealthy Affiliate? We’ve collected info
from real affiliate marketers using the program. Read on to find out their top three ways to score extra
cash by utilizing the platform.
How Can I Make Money Online from Wealthy Affiliate?
The goal of Wealthy Affiliate is to bring affiliate marketers together and educate them, but there are
some ways to make money from the platform itself. Let’s look into three ways to make money online
from Wealthy Affiliate.
1. Wealthy Affiliate’s Affiliate Program
It only makes sense that an affiliate company has an affiliate program. So why not sign up for the
Wealthy Affiliate’s Affiliate Program? If you get someone to sign up as a premium member of Wealthy
Affiliate then not only will you get a commission, but a reoccurring one. As long as your referral stays
as a member, you will get paid.
If you are a starter member (free) the commissions are as follows:
- Your recurring monthly commision is $11.75, as long as the referral stays a member
- If the referral upgrades their membership within the first seven days, you will get an additional $4 commision
- If the referral upgrades to an annual membership, you will earn an annual $87.50
If you are a premium member (paid) the commissions double:
- Your recurring monthly commision is $23.50, as long as the referral stays a member
- If the referral upgrades their membership within the first seven days, you will get an additional $8 commision
- If the referral upgrades to an annual membership, you will earn an annual $175
Opting for a yearly subscription to the platform is the more economical option between the two
membership plans. With so many features, tools, and networks, you’ll want at least a year to get the
most out of the service. Interested in another affiliate perk? If you bring in 300 Premium referrals in
one calendar year, you’ll find yourself invited to an all paid, three-day, Super Affiliate Conference held
in Las Vegas with the founders. Let’s look into another way you can make money with Wealthy Affiliate.
2. Referral’s Account Setup
The beauty of the Wealthy Affiliate program is that it’s designed to help others. Naturally, when you’ve
learned something, you want to share it with others, and now you can get paid to. Once your referral
makes an account, you can encourage them to update their profile. That includes uploading a picture of
themselves as well as a profile description. The platform is simple to use and makes it very easy to enter
the information. Even if your referral is unsure of using his/her own photo, there are stock photos of
generic images like cars or animals that they can choose from. Off every referral, you can earn up to
2 credits, worth $0.50/each, when you encourage your referral to upload an image and introduce their
self on their profile. Our third tip is another way you can get paid to help others.
3. Create New Training
Once you’ve successfully been a Premium member of Wealthy Affiliate for three months, you’ll be able
to create and upload education training videos to share with the community. These videos can be
anything that can help someone take the affiliate business to a new level.
- WordPress tips
- Marketing trends
- How-to videos
- Opt-in ideas
- Sales techniques
- Explainer videos
- Shortcuts or tricks you’ve discovered
- Hacks to make additional money
If it helped you, it could definitely help someone else, and the entire community will grow and prosper.
In turn, you can use other people’s training videos to grow your own business. As people watch your
training video via the Wealthy Affiliate platform, they will begin to comment and like it, which increases
your ranking. As you rank higher, you earn more money for each level. Every level is worth ten credits,
and each credit is $0.50. The first rank is fairly easy to
achieve so it won’t take you long to earn the initial $5.
The higher you go up in the ranks, the more difficult
it is to get ranked.
How Can I Make Money Online From Wealthy Affiliate
Ready to Make Money Online?
With all this knowledge of affiliate marketing, you are
half way to being one! Now it’s time to take action and
start building your online business. If you find yourself still asking how can I make money online
from my home, then be sure to check out our article, “What is the Most Profitable Online Business
for the Average Person?”, at Online Biz Facts.
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