The problem with WA is… they don’t put their members through any sort of review process before they let them set off into the world of internet marketing. Sure, they do provide the resources and coaching needed to make it in IM, but they also do a good job of making it sound so easy. I feel like a lot of folks sign up thinking it’s going to be a convenient way to generate income once they know how to post a blog, install a few plugins in WordPress, and get their affiliate links added.
Just be sure to put a lot of care into your product listings. Everything from the titles you use, to how effective the description is at convincing potential buyers your product is better than the rest, and even taking care to shoot high quality product photos can have a dramatic impact on your sales. I recommend using photo editing tools like Fotor, which gives you the ability to edit your images, create captivating graphic designs and more.
If you’re serious about making money selling things online, it’s pretty much impossible to not recommend Shopify. The platform gives you everything you need to get your online store up and running in less than a day including a custom domain, beautiful templates (so you don’t need design skills), secure payment options, and they can even take care of marketing and shipping for you. Whether you’re promoting your own products, designs, or curating other products for people in your niche, Shopify is the best option for powering your online store.
I make the bulk of my money from blogging. In addition to the advertising revenue streams mentioned above, I also receive flat rate payments for blogging from various blogs throughout the web. I’m paid to write as a whistleblower, financial analyst, reviewer, commentator, and more. Writing for other sites builds traffic to my personal blog. The traffic for this blog gives me clout to present to advertisers.
Hi Amol, You can’t really expect to make it as an affiliate without a blog, e.g., content strategy. You don’t necessarily need to ‘blog’, but you would need to continually add new content – whether it be evergreen content, product pages with detailed descriptions, etc. WA basically attempts to show you how to manage a WordPress site, how to get it ranked and options for monetizing it.
I’m sure there are people making lots of money from affiliate marketing, but these probably tend to be people doing launch jacking. If you have no conscience and you want to earn lots of money, go for it. I’m sure it’s not actually that difficult to learn. Jeff Lenney has a blog post all about it. By the way, he’s the guy who got taken to court by WA for daring to write a negative review [Craig, feel free to remove that bit if you want].
The thought of WA had been circulating around my mind this week, and wanted to drop in and share as how really difficult it’s been to write this week. After writing over 200,000 words in almost a year(more than 100% of members), I’ll have to discontinue my efforts in creating new conten. It doesn’t make sense for me to write write write-as they say and continue to be held back by little traffic and so much work for little monetization; there’s a sense in helping people, but to see little to nothing in monettization, am I wrong for thinking that? Further on, in relation to promoting WA, which Rattled through my mind about minutes ago, it’s very off center to have people in the make money online niche put a blog for example about how to setup a wordpress website, and then at the end tell them how WA helped them out and to sign up here. And here are the reasons…
Pick an Interest. You must first choose a niche for your business. This could be anything from cars and electronics, to computers, clothing and food. It is best to select something that interests you and there are many highly profitable niches to choose from. But if you have no ideas on what you like and how to choose a niche Wealthy Affiliate will give you great ideas to pick any profitable niche which still has room to get in to.
Next, you need to set up and build your YouTube channel. Your YouTube channel is your homebase for all your content. If you already have a Google account for Gmail or Google Drive, then you can use that to log-in to YouTube and start setting up your channel. Pick a username that works for you and is memorable (if you’re using an existing Google account you’ll have to edit your username in Google+).
Just for a bit of entertainment and amusement, I recently opened a new account with Wealthy Affiliate. My intention is to ask a few awkward questions in the week that I have before they expect money. Please let me know if you want me to ask either “The Community” or the man himself any questions. I don’t care if I get thrown out so any question is OK. I doubt if I’ll last a week so make it snappy! BTW I already asked why Kyle does not follow all his 1.5M members and got a standard reply which has absolutely nothing to do with the question.
Amazon and Google are far from your only options for online advertising. Rakuten Linkshare is a great place to search for other affiliates for your ads. Through their program, you can get customized ad links, email links, and banner ads for Starbucks, Walmart, iTunes, and a slew of other popular brands. With this program, you can also find smaller companies, regional or specialized brands, and more. I run a combination of Google, Amazon, and Rakuten’s programs, and my monthly income is approximately $150 from these programs. It’s not a lot of money, but it’s also not a lot of work for residual (it means recurring…since the ads are permanent…) income.
Yes, you have to have something bought from you in order to get paid, but as an affiliate marketer, you are more of a middleman than a seller. Like a car salesman if anything. I’d say the entire world of affiliate marketing is a bit of a grey area because of the profits that are involved. Because I feel like affiliate marketers may be more like advertisers trying to sell you a product many times rather than actually give an honest outlook on a product and anything wrong with it. Not telling the entire truth
Many make claims to “keep digging”, your just a few blocks away and crap, and it’s enticing to see, but these days I steer away from the catchy dashboard headlines and money making attention articles that people post about. Not a minute after you mentioned Launch Jacking I had to look into it, and I read Jeff Lenney’s article. I actually can pin point a couple people who I can see doing this, and they are not the ones who have even tried out the product for themselves, or likely have an honest review, it’s just for the cash.
If I have a blog that is getting 100,000 page views a month that means that I’m probably getting at least 50,000 people to the site (most blogs will do between 1.2 to 1.4 pages per session). That means I have to try and get some small percentage of those people to buy something from me if I really want to do well. If I can’t get them to buy something then (in some cases) I have ads running on the site that will make me money anyways.
Try flipping houses if you have experience with making home repairs. As you may know from watching popular home improvement shows, flipping homes involves buying up a lower valued property that needs work, and then fixing it up for resell. To get started, you’ll need to have financing either through a bank a partner. Then, you can buy a property that’s priced below market value. After you renovate the property, you may be able to sell it for a profit.
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.
“I only ask you this because you made the above comment “there is no way you can use their hosting platform and WordPress installer to set up a successful site. There may be sites which are doing well on their platform, but they were built 6-8 years ago and are well indexed by now. Removing this from the equation significantly lessens the value of their membership.”
If you have a social media account, try out Klout. The company tracks your social media usage, determines how big and what type of audience you draw based on the subject matter of your updates and posts. Using this information, you’re qualified to receive free items, tickets, etc. Check their website often to find ways of earning free stuff by doing what you’re already doing online…boring the rest of us…
Really good article with some great tips. Affiliate marketing has the potential to earn lots of money and I'm hoping I can make it happen. I have tried the matched betting and it DEFINITELY works. The one thing I would say is that you need to check that any bets have been accepted by the bookmaker. I have had on occasion bets which look like they have been accepted but don't register in my account. Always go into your account and check outstanding bets or your bet history.