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.
Basically, you pick a profitable niche for your online business, and then you find an affiliate partner who has products available in that niche. Some of the most popular affiliate sites are Clickbank.com, Amazon.com, and CJ Affiliate by Conversant (formerly Commission Junction). Between them, they offer just about any digital information product (like ebooks, audio files, video files) or physical product you can think of. May big name companies and brands, like Wal-Mart, Home Depot, etc. run their affiliate programs through these third-party affiliate sites.
Path #1: To build an authority site in a specific niche. Basically, you are building an entire online business from scratch, so you’ll learn a lot about Internet Marketing, and why people will take action on the products you promote. However, this path is long and tough, and a lot of people quit because they didn’t see the results that they want, even though they have put in a lot of effort for months. If you choose this path, you will not expect to see any results in the first 3 – 6 months, and you have to put in a lot of effort to it. The financial risk is not that much, but the time and effort will be wasted if you give up.
Hi Jack! Just wondering if you can advise abit about the process about the course. While I understand there is alot of online process, technique and marketing that goes into an online business, my biggest issue is I just have no clue on what to run! I don’tk now my niche? I love investing – shares, equities, everything, but I am by far not a guru that I can setup a coaching style online business like those ‘rich dudes’ you see selling training courses online whiel worknig on their laptop in bali.
If you want the full story, you can check out my about me page (it’s a pretty cool story if I may say so myself). The short version is that I got started with affiliate marketing back in 2009 and was able to go full-time in 2011. I now own more than a dozen websites in several different niche industries. You can see a listing of most of my sites at RogersConcepts.com.