There are a number of ways of earning money online with affiliate marketing, Amazon Associates, eBay Partners, Click Bank, to name a few. They all have a number of tutorials and how to guides but don’t really take you through effectively how you could earn a salary from them from start to finish. This can lead to people not believing that it is an effective way of leaving their day job behind.
That’s where Wealthy Affiliate comes in. Not only do they have a number of resources to get you started online – a free website, a catalogue of step by step guides to getting this website online and making money through affiliate marketing. But they also have their own affiliate program so you can earn money through the promotion of Wealthy Affiliate as well. With enough referrals they could be flying you out to Las Vegas, check out the bonus I mention further down…
In this post, I will be describing the basics of what Affiliate Marketing is, how Wealthy Affiliate can help you get started and believe in yourself, but also going through how Wealthy Affiliate rewards you for promoting their platform.
What is Affiliate Marketing?
In its simplest form, it is where you promote a product or service online, for an example you have a website reviewing led televisions. You have an Amazon Associates account. Someone visits your site, likes your review and ends up clicking on your affiliate link and buys that TV. As a thank you for amazon getting the sale, you get a % of the sale. So, if the % was 4% (typical of amazon) and the TV was £1000, you have just earned £40.
You could do this with any niche website with a number of affiliate programs, so you could have a number from eBay or Amazon, whilst promoting relevant adverts on your site with Click Bank, etc.
They all tend of differing degrees of commission rates. But Wealthy Affiliate go the extra mile with their commission rates.
Why Wealthy Affiliate?
First of all, to earn from affiliate marketing you need a website. which in some instances you have to pay for or get a free one that doesn’t really have all the abilities you need. You also need to know how to employ these affiliate programs onto the website.
The reason I suggest Wealthy Affiliate is they have all the training materials you need to get started – this is called the Online Entrepreneur Certification Course, they give you 2 free websites as a starter member and their commission rates for promoting WA is by far the highest on the net.
Let’s break that down
Training Materials – The Online Entrepreneur Certification Course has 5 levels that take you from creating a free website, getting it up and running, and takes you through how to get it ranked online in the search engines, to then make money through affiliate programs. The outline of the first course is below, with the benefits outlined too.
Wealthy Affiliate also offers the best support networks out there with live chat with the community, help and support from the owners Kyle & Carson, weekly webinars on different subjects all aimed at making you a better affiliate marketer.
Free Websites – There is nothing worse than signing up for a subscription to find it isn’t what you thought or expected and your money is now down the drain and you cannot get out of the subscription?? Right?
Wealthy Affiliate offer all starter members 2 free websites, no catch. They operate on WA’s own server SiteRubix. You will have full access to the WordPress back office and no time limit. Further down the line if you want to increase the number of sites the premium membership is there, which offers 25 full domains and 25 sub domains but this is never forced on you. It is there as a natural growth stage.
OK, at this point, we could be learning from Wealthy Affiliate and have 2 free websites. This is when Wealthy Affiliate takes a step beyond. Even as a free starter member of WA, you could earn commission by promoting Wealthy Affiliate.
As a Starter Member, the commission rates are as below:
If someone starts with WA, then decides to upgrade to Premium within the first 7 days, you will receive $4. For every month after that they stay a member (which is $49/month) you will receive $11.25 every month. If they decide to upgrade to the yearly subscription ($359/yr) You would earn $87.50 each year they stay a member.
That’s right, it is totally possible to stay a free member and earn that kind of money on a monthly basis.
As a Premium Member, the commission rates are DOUBLE:
If they set up their initial account, you earn $1 credit, if they purchase a domain $1 recurring.
If someone starts with WA, then decides to upgrade to Premium within the first 7 days, you will receive $8. For every month after that they stay a member (which is $49/month) you will receive $23.50 every month. If they decide to upgrade to the yearly subscription ($359/yr) You would earn $175 each year they stay a member.
Current Statistics show 1 in 8 premium members upgrade to yearly as it is more cost effective and it shows the belief they have in Wealthy Affiliate and their platform. 12% of all free members end up going premium.
These commissions are all lifetime, so the person who recommended WA to me will receive the commissions for as long as I am a member. This could be the same for you. They also have lifetime cookies, so if someone has a look and isn’t sure but comes back and ends up signing up with WA, you will still receive the commission and the recognition.
The Absolute Bonus – Las Vegas
Wealthy Affiliate go the extra mile to congratulate those who become promoters of WA. If you get 300 referrals in a given year, they will fly you to Las Vegas to take part in a Super Affiliate conference. They fly you out there, you stay in a really nice hotel and spend time with Kyle & Carson the owners of Wealthy Affiliate and they will share their knowledge with you on how to take your site to the next level.
The ultimate dream for people is to work for themselves without having a job to go to, this could be it and imagine flying out to Vegas. Check out this post about last year’s conference.
So, there we go. There are a number of affiliate programs out there for any type of niche, but using a platform where they teach you so much and also have a community who will help you with getting comments on your site to improve the trust factor, give you honest feedback on your website to improve and have an awesome affiliate program included is a great place to start.
If you have any experience with Wealthy Affiliate or have a question that you want answered, please leave it below and I will respond shortly.
Thanks for taking the time to read this post, and hopefully catch up with you soon in the Wealthy Affiliate community.