One of the most important internet marketing strategies is to develop every customer's lifetime value. At least 36 percent of people who have purchased from you once will buy from you again if you follow up with them. Closing that first sale is by far the most difficult part -- not to mention the most expensive. So use back-end selling and upselling to get them to buy again:
…But doesn’t being an affiliate for Wealthy Affiliate make me just another one of those affiliate marketers who is being biased and just trying to make a buck off of you? Well, ummmm…. Sort of! But at least I’m honest about it, right? I hope you give me a chance by continuing to read this Wealthy Affiliate review. I have no intention of making this one big sales pitch. I just want to provide you with the information and allow you to make your own decision. If I get a commission, great! If not, that’s ok too. Here’s a screenshot of my Wealthy Affiliate profile.
Anyone considering a drop shipping business should seriously consider leveraging Amazon.com to grow their business and learn more about becoming a profitable Amazon seller, because Amazon is an established marketplace that people already trust and has an existing customer base. Eventually, you should also consider having your own online store as well.
Can you run a successful business by only using the free membership option at Wealthy Affiliate? Well, you can, but I wouldn’t recommend it. Instead, I recommend you sign up for the free Wealthy Affiliate membership as a way to try things out. Honestly, the free membership is set up to be a bit of a teaser to get you to sign up for premium eventually, but most of us expect that going in. What’s nice about it is you can judge for yourself, based on the free membership, whether it is worth it for you to sign up for premium. Ultimately, only you can decide if Wealthy Affiliate is high quality or not. You will get more than enough of an idea by signing up for their free membership option. On average, about 1 in every eight people upgrade to a premium membership.
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.
So actually, the reason I personally signed up for Wealthy Affiliate is likely much different than the reason YOU want to sign up. Chances are, you want to learn about how to make money online legitimately, learn how to build a website, how to blog, and more importantly, how to earn money from that blog. I wasn’t looking for that. I already knew how to do all that stuff. Instead, I signed up as a way to vet the training, tools, and resources provided by Wealthy Affiliate because I wanted to see if it was something I could promote on this very website you’re reading.
Jack, my hat is off to you for your online success. I had heard about Wealthy Affiliate a few years ago, but never pursued it due to the need for more immediate income at the time. I had forgotten all about it until I recently became interested in affiliate marketing again. After finding a few scammers in the space, I came across Wealthy Affiliate again. Right away, I knew WA was the real deal and a great choice, so I proceeded to give it a test drive by signing up for the free account. I totally expected to upgrade quickly, but wanted to have a look around to be absolutely sure before upgrading to a premium account. After signing in, I was shocked to read the following statement on the next page, “Free Starter accounts are not available in your country, but we would love to have you as a Premium Member!”. Please understand that I am not sharing this to trash WA in any way, but I feel that others should be aware that there are exceptions to the free trial. I am an American who happens to be traveling abroad, so unfortunately due to geo-tracking, the country I am currently visiting is being blocked from their free trial offer. I’m not a “Cheap Charlie” and not just looking for freebies, but this experience has caused me to reconsider whether I should join WA as a premium paid member without trying it before I buy it. It should also be noted that I was brought to the checkout page to pay first and the only option I was given was the annual payment @ $359.
Best of all, unlike a brick-and-mortar business, you don’t need a lot of startup capital. In fact, you can get many internet businesses up and running with no money at all because so many free services facilitate the possibility. For example, you can set up a website or blog for free using WordPress. Or you can leverage a third-party site like Amazon or eBay to sell goods with no inventory costs. You use their selling platform in exchange for giving them a cut of your sales.
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.
In terms of affiliate marketing, you can definitely leverage it. But, it really depends on your niche, does the chip design niche has any affiliate programs? This is something you need to research on. But, if you are saying to promote Wealthy Affiliate on your technical blog, then maybe it is not such a good idea because they are not relevant to each other.
Though there are no phone number to call for support. I have always gotten a response from WA webhost support team within an hour. I think it is about preference when it comes to web hosting. Some might find WA host reliable while others would host their websites some where else. Wealthy Affiliate is more of an education program and community for me. Even if I do not host with WA, I will still continue to be a premium member because I see the value in it.
If you have a great deal of business experience and knowledge, why not create a business that helps aspiring entrepreneurs find success? As a business consultant, you can use your skills to help new business owners get off to a good start and help experienced entrepreneurs keep up with demand. Your chances of success may be greater if you focus your strategy on a niche aspect of business consulting. You can start this process by following this 18-step checklist for becoming a small business consultant.
As a free trial member, if you wish to promote Wealthy Affiliate, you will get a commission that is 50% lesser than premium members. For example, free trial members earn $4 and premium members earn $8 on the first month subscription, $11.75/mth of commission for recurring payments for free trial members and $23.50/mth for premium members. I hope this clarifies.
These pay-per-click ads appear on your blog. Every time somebody clicks on an ad (which is supposed to be about a subject related to your niche), you make a few cents or more. Small amounts each time, but it adds up. This is extremely hands-off. You just need to get a code from Google, place it on your website - and the ads will automatically appear on your blog. Google will only show ads that are relevant to your blog so it's a good experience for your visitors and maximizes the number of clicks you get, meaning more income.