Unfortunately, I am not acquainted with Indian Tax law, so I am not able to advice you on this. But, I would presume that if you earn income from affiliate marketing, your profit from the business will be tax under your personal income. That is unless you create a company to run the operation, then it will be subject to corporate tax, and the dividends receive from the company will be subject to your local personal tax.
There are plenty of Wix complaints around the Internet. Some are justified and some aren’t – but all are anecdotal. Keep in mind that the big picture tradeoff for their convenience is lack of total control and advanced features. That’s not necessarily a Wix thing as much as it is a website builder thing. But within that context – here’s some individual considerations I’d look at when deciding if Wix is a good fit for you.
With affiliate marketing, you offer the products for sale, for example, on your blog or e-commerce website. Each product has a unique link that tracks back to your account with your affiliate partner. A prospect who clicks on the link is taken to your partner’s shopping cart for checkout. Once they buy, that purchase is recorded and you receive a commission. Commission amounts vary depending on the affiliate partner, but is generally 5 percent to 25 percent, or 50 percent or more with digital information products.
hi jack, I have been doing a lot of research on this company and have not found an answer to a specific question I have. I understand that you are promoting a product, specifically something you are passionate about. However I wanted to know if there was help I could get to find something to promote since I do not have a specific product I want to start my business on.
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.
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.
Needless to say, I was blown away pretty quickly. Even by signing up for their free membership option, it was very apparent that Wealthy Affiliate does things differently. The community, recorded training, live ongoing weekly training sessions, live chat and support options, and business-like approach for beginners to pros alike really blew my mind.
The biggest reason I love recommending Wealthy Affiliate to new affiliate marketers is because it literally provides EVERYTHING you will ever need. You don’t need to buy a domain name in one place then get hosting in another place while you sign up for training at yet another place. Everything you need is in one spot, for one consistent monthly cost. Plus, they don’t just provide the tools, but they give step-by-step training instructions on how to use all the tools properly. If you still don’t understand something, just ask the community or go into live chat, and you could get an answer in literally seconds.
The basic idea behind an online drop shipping business is that, as a small business owner, you don’t have to maintain a large inventory (or any inventory whatsoever) of products or handle any delivery to your customers. That eliminates the financial cost and risk of having a warehouse full of stuff you might not sell, and the hassle of arranging to send orders all over the country or the world. In fact, you don't have to manufacture or store any products at all.
One of the reasons I like Wealthy Affiliate is because it enables me to provide this blog for free to people, but also be able to sell a genuinely high-quality product that I know is always updated and provides a better service than I ever could. Plus, when people sign up using my affiliate link, I can still provide one-on-one coaching and support as a way to add value and as a “thank you” for signing up using my link. Wealthy Affiliate truly is a win-win-win setup.
There’s also the fact that Wealthy Affiliate is not and never claims to be a get-rich-quick strategy. You will learn how to build a real, legitimate online business and one that can earn you some serious cash, but just like any other business, it is going to take a lot of time, effort, patience, and support along the way. If you have realistic expectations, are willing to learn from those who have succeeded before you, and you’re willing to put at least 6 months into your business before you see any profits at all, then Wealthy Affiliate is a good place for you.
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I don’t have a website yet, but there’s several I know that aren’t big bucks and I even heard Wix was decent. Anyway. I want to become an affiliate. I’ve desired it for over a year. I’ve been told it will cost so much per month. I truly believe if you know the basics you can do this. It may take time. I just attended Keale Keane’s webinar and paid $99.00.