I became a full-time internet Entrepreneur in 2014 through lead generation. (Still My #1 Recommendation) A form of digital marketing for local businesses. I've also created 6-figure businesses with Amazon FBA, Shopify Dropshipping & Affiliate Marketing. I'm passionate about exploring the best ways to make money online. I've invested in numerous courses which I've done reviews of on this site. In 2019, I spoke on stage in Las Vegas in front of thousands about how to create passive income by ranking page 1 in Google & generating free traffic. Learn More.
Highly competitive: If you can’t generate traffic, you don’t make any sales. This is the biggest challenge. When everyone can sign up for these affiliate offers for free (very low barrier for entry), now you have a situation where there is a boatload of competition for most affiliate opportunity out there. Unless you use paid traffic, most people get traffic from building a website and ranking it in Google, which is what Wealthy Affiliate teaches, but the problem is there’s only 10 spots on the first page of Google. & you have to compete for those spots with thousands of affiliates around the world.
In the first quarter of 2019, Wix.com spent $55 million in marketing. Typically, the first quarter’s marketing spend is significantly higher than the rest of the year, as the first quarter is when the company acquires the most users and has the most visitors to its site, said Joe Pollaro, general manager of the U.S. for Wix.com, who added that the company spends across various channels online including search engines, social networks, streaming and branding activities. The company declined to break out exactly how it spends its dollars or share percentage allocations, citing competitive advantage. In 2018, Wix.com spent $74 million in marketing, up from 2017’s $70 million, according to Kantar.
It’s a constant learning process Shahbaz. And, you can work on the courses at your own convenience. Some people take 3 months to complete and some takes a year. It’s really up to you. Well the course teaches you how to make money, and some people took a week to earn their first dollar, some people took 3 to 4 months (I did), some took 6 to 12 months and some don’t make any money.
In the long-term, it affects your versatility, functionality, and, of course, your brand. In the short term, it can certainly add/take away a lot of headaches. That said, just like choosing a physical house or office, there is no such thing as an absolute “best” or “top” choice. There’s only the right choice relative to your goals, experience, and circumstances.
No matter which way you do it, it’s passive income—money you earn while you sleep because you put these products up for sale on your website and a customer can buy and download them any time of day or night, automatically. All you have to do is check the sales periodically to see what topics or types of products are selling best so you can make more of those.
When one of your customers makes a purchase, you purchase the product from a third-party company (the drop shipper, usually a manufacturer or wholesaler) for a lower price. This process is as simple as forwarding the order from your customer, a process that can actually be completely automated. (Remember you don't have any risk here of buying inventory because the sale has already been made).
One thing I don’t like is that Wealthy Affiliate mainly focuses on beginner to intermediate trainings. While this makes sense as the vast majority of Wealthy Affiliate members are brand new to the industry, I would also love to see some more advanced training provided for those of us with a decade of experience in the industry. Sometimes even the pros like to be challenged!
There's an audience for everything, even if it's as specific as dollhouse furniture or organic dog food. With a niche e-commerce store, you can reach customers who seek your specific products. Building a business in a niche market can help you differentiate yourself from other brands and build your credibility and expertise. Look to social media or your own consumer needs to come up with a product to sell online.
REASON 2. Unmatched Support. The Wealthy Affiliate community provides access to a live online marketing Encyclopedia culminated by 1 million + members. You can also interact with members via 24/7 live chat feature, private message members, and even contact owners Kyle and Carson directly. No other program on the market offers this much support, which makes it great even for beginners.
Hi Jack, I’m thinking of joining WA but I don’t want to do anything but promote WA afffiliate website and how much will that cost me? How can I make money with that and what is the compensation plan just by doing the WA affiliate? I don’t want to find a niche and build my own website. I’m not a writer so I don’t want to do this kind of marketing where you write blogs and articles. Will I still be able to make money with WA with less to do?
If you add up all the services you get, the premium membership is a steal. For example, you’ll notice they include unlimited keyword research with a membership. Other paid keyword research tools sell for $49 or more just by themselves. Add in website hosting, and there’s another $10 / mo. Add on the website security package, and there’s another $10 per month (I’ve paid as much as $29 / mo just for website security). Just based on those things alone, Wealthy Affiliate is a great deal with all of the resources and tools you need in one convenient place. Not to mention all of the training, tutorials, and support that is included with the membership.