(This post contains affiliate links, which means that if you click on a link to the Merchant’s site and purchase something I may earn a commission.The price you pay will be the same if you went to the Merchant’s site directly.)
The objective of this article is how to make money with Wealthy Affiliate. Read on to find out all you need to know about this subject.
This website you happen to be on, Affiliate Marketing For Leaders, is focused on guiding visitors about using affiliate marketing to create a lucrative online business. The beauty of this approach lies in creating an online asset that will pay you over and over again once you are able to drive the right mix of traffic to your website.
You can build such a website all on your own and use places like YouTube to learn the ropes. However, in so doing you risk being unfocused, led astray and are subject to so many varied ideas it is possible to get into the trap of paralysis by analysis. Not to mention the danger of getting roped into excessively high priced programs, or worse yet, scams.
I say odds, as you know that in all things worthwhile, success is not automatic. It requires dedication to learn what you need, to create your business as well as the correct way to put that into action. Your odds of success are much higher if you truly take advantage of everything Wealthy Affiliate has to offer.
You may be wondering what is this going to cost you. Hold tight as I will share that later. You will be pleasantly surprised to find it is much less than you think. By a long shot.
Wealthy Affiliate is the only organization I know that provides this level of training, at any price. I wrote two reviews about Wealthy Affiliate worth checking out. The first one is a short review. And the second goes into much more depth by opening the curtains and taking you inside. Here they are:
Does Wealthy Affiliate Have Its Own Affiliate Program?
This is truly a good question in many ways. After teaching over two million people about how to be successful in affiliate marketing don’t you think it makes sense that Wealthy Affiliate has its own affiliate program? To show that it practices what it preaches!
The main purpose of this article it to tell you about it and how great an income source this can be. No matter what niche you base your affiliate marketing website on, you can always promote Wealthy Affiliate to make a side income. And this could very well overtake the income you generate through your selected niche.
You will also discover by mastering the skills to be an expert in affiliate marketing there are at least three ways you can leverage Wealthy Affiliate as an income generator.
I will discuss these other two ways first and keep the Wealthy Affiliate, affiliate program to the last.
Read on to find out why and how!
First Approach – Affiliate Marketing
This is a no brainer. You decided to get into affiliate marketing to make money by promoting a product or service you are most passionate about through a website. Want to know what Wikipedia has to say about Website Building? And that is precisely what you learn through the lessons and various training programs in the Wealthy Affiliate platform.
The three critical actions that are necessary to become successful are:
- Select a narrow enough NICHE that is perfect for you
- Create a COMPELLING WEBSITE that you fill up with a lot of valuable content
- Fill this website with a LOT OF VALUABLE CONTENT to drive traffic and generate sales
When you execute the above actions exceedingly well, in time you will have your money making website. How much? The sky is the limit. When you are looking for a product and enter a phrase into Google, read carefully what crops up.
The first few entries will have got there by virtue of those website owners paying for ads. Following that are websites owned by affiliate marketers who are killing it financially, Some of these people earn five and six figures A MONTH!
I have added links that go to specific articles to provide more information on these key topics. In the process of developing the skills to succeed you acquire a wealth of valuable and marketable skills. Do you know that you can leverage these skills for profit?
Second Approach – Leveraging The Skills You Learn For Profit
- Website Development
- How To Write Content – Copywriting
- How to title your articles to rank high in the search engines
- Search Engine Optimization
- How to drive the right kind of traffic to your blog posts
Let me ask you this question. Who do you think would pay you good money to help them create a marketing website for their company? I am not talking about big corporations. They already have and can afford a dedicated team to do that for them.
Do local businesses come to mind? Like mom-and-pop shops operating in the following areas:
- Auto mechanics
- Used car stores
- Specialty retail stores
- One off a kind restaurants
- Fashion stores
- Computer repair shops
- Dry cleaners
- General contractors
- Insurance offices
- Law firms
- Dog and cat groomers
- Pet motels
These are just a small sample of small businesses that you can find wherever you live. I suggest joining the local chamber of commerce to get to know local businesses firsthand. This will also allow you to promote your own.
Do you know what the going rate to create a professional looking website is these days? How about STARTING at $2000! And once you create a website for a business they will need someone to manage it and keep it up to date. Guess what monthly fee you can charge to provide that service? How about a minimum of $200!
Chalk up a few local business clients and you could be earning money while your are waiting for your own affiliate marketing website to get into high gear. Bear in mind that by providing website services for local businesses you’re exchanging your hours for dollars. However, you will be your own boss and can take on as much or as little side work that can fit within your schedule.
Wealthy Affiliate had a series of webinars on this topic. Below are the affiliate links to these webinars:
Earning Revenue With Local Marketing
When you click these links you will be asked to register with Wealthy Affiliate to have access. These are just a few of numerous recorded webinars on all kinds of topics to help you succeed in the online sphere. They are all included in the low subscription to Wealthy Affiliate. How cool is that?
Other companies charge thousands of dollars for courses like this.
Third Approach – Promoting Wealthy Affiliate For Profit
Finally, Wealthy Affiliate has created a separate system to promote their platform and earn serious money. This is open to all members. Including free members. The difference is that Premium members (paid members) earn double.
Does it come as a surprise that Wealthy Affiliate has a free member option? Being free, as you would expect, there are limitations. .
The following section is devoted to this topic.
Bootcamp Affiliate Training
There are two training courses in the Wealthy Affiliate Platform. The first is called the Online Entrepreneur Certification (OEC) training and is dedicated to affiliate marketing for any niche. The fundamentals of this training are also applicable to promoting the Wealthy Affiliate program.
Bootcamp Affiliate Training is dedicated to learning and applying the skills to promote Wealthy Affiliate as an affiliate. Here is a summary of the training:
What Do You Earn Per Paid Referral?
Wealthy Affiliate provides several tools to help their members to attract and sign up referrals. Such as affiliate links and banners. As a member acquires free referrals through their promotions, Wealthy Affiliate has an autoresponder system to regularly communicate with your referrals to keep in touch and to show them the value of upgrading to a Premium member. In addition to your personal autoresponder, the co founder Kyle. also communicates with your referrals regularly.
How Much Can You Earn Based On Referrals Per Day?
Wealthy Affiliate has an earnings calculator in their affiliate section as shown below. It provides a couple of examples and has a place where you can enter your own numbers to see what they can generate in earnings:
The referrals per day represent free sign ups. The conversion rate to paid Premium members is a very conservative 12%. And you can add in how long that paid member will remain a member.
You can see what I entered in the first column. I added 1 member a day. Let’s say you sign up 365 members a year and only 12% become paid members. And they remain a paid member for 12 months before leaving. In reality some may stay on for years and others may leave in one month. Hence, the 12 months is an estimate.
If you have 1 free member sign up each day you will have 43 paid members a year at the 12% conversion rate. Your monthly income will be just under $800.
For 5 free referrals a day and on average the 12% who become paid members,(219) stay on for 4 months, your monthly income will be $1,458.
Let’s assume that in a few years your website is going gang busters and you attract 50 referrals per day. Now you’re looking at a monthly income of $22,398!!
Although these numbers are guaranteed, what you earn will depend on the results of your effort. Nevertheless, it is important to know in advance what the possibilities are. That is why I decided to show a modest result in the first column to contrast it with the others.
Here is where the Wealthy Affiliate Program shines. Unlike the conventional affiliate program, where you only receive a commission when a purchase is made, at Wealthy Affiliate your earnings are based on a recurring subscription. As a member makes there regular payment, you get paid your commission as shown in the second graphic above.
Your Cost To Join Wealthy Affiliate As A Paid Member
At the start I promised to tell you what your cost will be to join Wealthy Affiliate as a paid member. So here it is.
Your first option is to sign up for free, no credit card necessary, You can become a paid member within a week at a charge of $19 for the following month.
After that month is over, the monthly subscription becomes $49. And that never changes. For that LOW FEE you get EVERYTHING on the platform. There are NO UP SELLS! I found that hard to believe. But that is completely true.
You do have an alternative to pay annually. This investment is $359 a year, renewable each year. This is LESS THAN $1 A DAY! You can change to the annual subscription at any time. If you happen to be in the middle of the $49 monthly plan, the annual amount will be prorated down accordingly.
I showed you a link earlier, to my article showing what the Wealthy Affiliate Platform provides you. However, you can see a summary in the matrix below. The free membership is compared with a paid one. At the end there is a link provided for you to join for free.
Why not do that and get inside the platform to kick the tires as it were? You have no risk whatsoever. No credit cards necessary.
I have shown you three methods on how to make money with Wealthy Affiliate. You only need to do one really well to succeed. Isn’t it reassuring to know you have multiple ways to earn money through Wealthy Affiliate?
Wealthy Affiliate has been in business for almost 15 years. It has over 2 MILLION members. And countless successful members in the Affiliate Marketing business.
Please tell me what you think? Better yet, why don’t you join for free!
I’ll see you on the other side.