Often times Affiliate Marketing is Over-Hyped: You’ll see a lot of testimonials promising spectacular results with affiliate marketing, such as “person X made $60,000 in just 30 days as a brand new affiliate” & there’s many similar messaging like this that unfortunately give affiliate marketing the wrong perception, that its some sort of get rich quick scheme, which it is far from. This kind of insanely fast results most likely came from a successful Facebook ad or other successful paid aid. Sometimes due to multitude of factors an ad can just take off and generate high revenues for short period & then burn out. The difficulty is being able to sustain those kind of numbers consistently. FB for one doesn’t like most affilaite offers to be promoted, so eventually your FB ad account will get banned or your ad will burn through its audience and stop working. I know this because I’ve been there done that. Those massive pay days are fun but the real challenge is can you sustain it?
Free Training Across The Web – Believe it or not, most of the training I’ve received over the years are sources I’ve found for free all over the web. I’ve shared a LOT of that info with you on this very website through my nearly 500 blog posts (to date). However, you should also check out sources such as YouTube. It’s true, places such as YouTube are filled with scammers and spammers, but mixed within those are some gems. For example, you can look up keynote speeches on affiliate marketing from various conferences, such as Affiliate Summit speakers. Using free content from around the web is hard to sort out and make sense of, so it’s best to use a service like Wealthy Affiliate because you are able to learn the things you need to learn, in the order you need to learn them, without all the distractions. However, as you progress, you may need to learn something specific, at which point you can go to free sources across the web to learn as you need it.
Of course you can say, well just compete. That’s the essence or free enterprise. But then, realistically, what are the chances of still succeeding in this WA promotion niche? There are already a lot of veterans way, way ahead — like YOU. For a newbie appreciating how excellently you have developed your promotion site, it looks like a very tall order to come up with something better and competitive. And mind you, you are not the only excellent site around promoting WA.
I wouldn’t say you can’t be successful with a free domain, for example barenakedscam.siterubix.com, but having a personal domain will definitely help with branding and makes it more credible, plus there’s no restriction on the design if its your own domain. Free domains have certain restrictions in terms of the customization of the look and feel of the website.
As an affiliate marketer, you help product owners who has an affiliate program to sell their products. Basically, you sign up to their affiliate program, and they will provide you with your affiliate link. Once you have that link, you can place it on your website, social media or wherever. As Long as you are speaking to the right audience, people who are in your niche (people who are interested in what you promote), and they buy a product through your affiliate link, you will earn a commission.
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.
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.
That depends on your experience, budget, and goals. WordPress has a steeper learning curve and requires more maintenance. But over the long-term, it offers much more versatility and options to grow. If you self-host WordPress (rather than use WordPress.com), it can also be much cheaper than Wix. Wix focuses on onboarding and pure ease of use for someone who wants a solid, maintenance-free website without the frustration of a web designer or figuring out HTML issues.
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.
Facebook continues to expand and grow. Therefore businesses are spending more on Facebook ads. But here’s the problem: a lot of old school businesses don’t know what they’re doing when it comes to Facebook ads. Even newer companies don’t have the time it takes to learn the ins and outs so that they get the most return on their Facebook ads investment.
One way to stand out from the competition with a drop shipping business is to private label your products. This simply means you put your own label/brand on the products that the manufacturer is creating. That way you're not selling the same product brand and just competing on price; rather you can use your own brand and face less competition. Think about when you're looking at medicine at the pharmacy; the brand names sell for higher prices and people think they are different from the generic brands even though the ingredients are exactly the same.
I appreciate your input on Wealthy Affiliate. I am considering joining but I have a few questions. One, what if I already have domain names and hosting? It seems part of the monthly fee provides hosting so will my fee be reduced? Also, I’m coming from AWOL Academy. I purchased AWOL’s first program to get started and learned a lot but I have been turned off by the very strong sales pitch they use to get you to pay $10,000 to be an elite member. Can you provide a comparison of the value of the educational content between AWOL and WA?
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.
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.